Iachim: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Iachim
Largest movements
- Current assets -€4,613
down €4,613 (-24.9%), from €18,538 to €13,925
- Debts within one year -€4,872
down €4,872 (-93.1%), from €5,232 to €360
- Reserves +€259
up €259 (+28.6%), from €906 to €1,165
- Gross operating margin -€11,225
down €11,225 (-57.7%), from €19,458 to €8,233
From the 2019 result to the 2020 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,538 | €13,925 | -€4,613 | -24.9% |
| Current assets | 29/58 | €18,538 | €13,925 | -€4,613 | -24.9% |
| Cash at bank and in hand | 54/58 | €18,023 | €13,925 | -€4,098 | -22.7% |
| Total equity and liabilities | 10/49 | €18,538 | €13,925 | -€4,613 | -24.9% |
| Equity | 10/15 | €13,306 | €13,565 | +€259 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €906 | €1,165 | +€259 | +28.6% |
| Amounts payable | 17/49 | €5,232 | €360 | -€4,872 | -93.1% |
| Amounts payable within one year | 42/48 | €5,232 | €360 | -€4,872 | -93.1% |
| Gross operating margin | 9900 | €19,458 | €8,233 | -€11,225 | -57.7% |
| Operating profit (loss) | 9901 | €5,127 | -€1,435 | -€6,562 | |
| Profit (loss) for the period before taxes | 9903 | €6,138 | €324 | -€5,814 | -94.7% |
| Income taxes | 67/77 | €232 | €65 | -€167 | -72.0% |
| Profit (loss) for the period | 9904 | €5,906 | €259 | -€5,647 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,906 | €259 | -€5,647 | -95.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.