INCHALLAH: what changed
Two financial 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.
INCHALLAH
Largest movements
- Current assets -€7,228
down €7,228 (-39.7%), from €18,224 to €10,997
of which Cash: -€4,025
- Tangible fixed assets -€1,900
down €1,900 (-20.0%), from €9,500 to €7,600
- Debts -€14,051
down €14,051 (-59.2%), from €23,730 to €9,678
- Equity +€4,924
up €4,924 (+123%), from €3,995 to €8,918
of which Profit (loss) carried forward: +€4,924
- Gross operating margin -€29,061
down €29,061 (-58.2%), from €49,917 to €20,855
- Depreciation -€1,458
down €1,458 (-43.4%), from €3,358 to €1,900
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.
Derived cash bridge
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 | €27,724 | €18,597 | -€9,128 | -32.9% |
| Fixed assets | 21/28 | €9,500 | €7,600 | -€1,900 | -20.0% |
| Tangible fixed assets | 22/27 | €9,500 | €7,600 | -€1,900 | -20.0% |
| Current assets | 29/58 | €18,224 | €10,997 | -€7,228 | -39.7% |
| Stocks and contracts in progress | 3 | €4,992 | €1,701 | -€3,290 | -65.9% |
| Amounts receivable within one year | 40/41 | €4 | €39 | +€35 | +833% |
| Cash at bank and in hand | 54/58 | €13,229 | €9,203 | -€4,025 | -30.4% |
| Total equity and liabilities | 10/49 | €27,724 | €18,597 | -€9,128 | -32.9% |
| Equity | 10/15 | €3,995 | €8,918 | +€4,924 | +123% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,465 | -€11,542 | +€4,924 | +29.9% |
| Amounts payable | 17/49 | €23,730 | €9,678 | -€14,051 | -59.2% |
| Amounts payable within one year | 42/48 | €22,780 | €8,778 | -€14,001 | -61.5% |
| Trade debts | 44 | €12,799 | €4,706 | -€8,093 | -63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,358 | €1,900 | -€1,458 | -43.4% |
| Gross operating margin | 9900 | €49,917 | €20,855 | -€29,061 | -58.2% |
| Operating profit (loss) | 9901 | €1,365 | €5,189 | +€3,824 | +280% |
| Recurring financial charges | 65 | €1,286 | €265 | -€1,021 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | €79 | €4,924 | +€4,845 | +6,151% |
| Profit (loss) for the period | 9904 | €79 | €4,924 | +€4,845 | +6,151% |
| Profit (loss) for the period to be appropriated | 9905 | €79 | €4,924 | +€4,845 | +6,151% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.