ILAFTRANS: 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.
ILAFTRANS
Largest movements
- Tangible fixed assets -€8,430
no longer reported in 2022 (was €8,430)
- Current assets -€2,932
down €2,932 (-55.3%), from €5,299 to €2,367
of which Cash: -€2,932
- Debts within one year -€13,355
down €13,355 (-46.8%), from €28,507 to €15,152
- Profit (loss) carried forward +€1,993
up €1,993 (+6.1%), from -€32,798 to -€30,805
- Depreciation -€2,810
no longer reported in 2022 (was €2,810)
- Gross operating margin +€1,697
no longer reported in 2022 (was -€1,697)
From the 2019 result to the 2022 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,309 | €2,947 | -€11,362 | -79.4% |
| Fixed assets | 21/28 | €9,010 | €580 | -€8,430 | -93.6% |
| Tangible fixed assets | 22/27 | €8,430 | - | -€8,430 | |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €5,299 | €2,367 | -€2,932 | -55.3% |
| Cash at bank and in hand | 54/58 | €3,051 | €119 | -€2,932 | -96.1% |
| Deferred charges and accrued income | 490/1 | - | €2,248 | +€2,248 | |
| Total equity and liabilities | 10/49 | €14,309 | €2,947 | -€11,362 | -79.4% |
| Equity | 10/15 | -€14,198 | -€12,205 | +€1,993 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€32,798 | -€30,805 | +€1,993 | +6.1% |
| Amounts payable | 17/49 | €28,507 | €15,152 | -€13,355 | -46.8% |
| Amounts payable within one year | 42/48 | €28,507 | €15,152 | -€13,355 | -46.8% |
| Trade debts | 44 | €1,400 | €1,400 | = | 0.0% |
| Suppliers | 440/4 | - | €1,400 | +€1,400 | |
| Taxes, remuneration and social security | 45 | - | €13,752 | +€13,752 | |
| Remuneration and social security | 454/9 | - | €13,752 | +€13,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,810 | - | -€2,810 | |
| Gross operating margin | 9900 | -€1,697 | - | +€1,697 | |
| Operating profit (loss) | 9901 | -€5,484 | - | +€5,484 | |
| Recurring financial charges | 65 | €155 | - | -€155 | |
| Profit (loss) for the period before taxes | 9903 | -€5,639 | - | +€5,639 | |
| Profit (loss) for the period | 9904 | -€5,639 | - | +€5,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,639 | - | +€5,639 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.