INSTAF: what changed
What changed
INSTAF
filed annual accounts (NBB)
Net result for the year
-€1,420
2016 · €4,672-€6,092
Equity
-€2,111
2016 · -€691-€1,420
Cash
€263
2016 · €6,555-€6,291
Balance sheet total
€14,879
2016 · €23,552-€8,673
Largest movements
Assets
- Current assets -€9,842
down €9,842 (-42.4%), from €23,227 to €13,385
of which Cash: -€6,291
- Tangible fixed assets +€1,169
up €1,169 (+359%), from €325 to €1,494
Equity and liabilities
- Debts -€7,254
down €7,254 (-29.9%), from €24,243 to €16,990
of which Debts within one year: -€10,559
- Profit (loss) carried forward -€1,420
down €1,420 (-20.6%), from -€6,891 to -€8,311
Income statement
- Gross operating margin -€15,399
down €15,399 (-23.4%), from €65,717 to €50,318
Change in the result, 2016 to 2017
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2016
€4,672
Gross operating margin
-€15,399
Depreciation
+€124
Other operating items
+€8,205
Financial income
+€98
Financial charges
+€1,095
Other financial items
-€564
Taxes
+€350
Result 2017
-€1,420
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,552 | €14,879 | -€8,673 | -36.8% |
| Fixed assets | 21/28 | €325 | €1,494 | +€1,169 | +359% |
| Tangible fixed assets | 22/27 | €325 | €1,494 | +€1,169 | +359% |
| Current assets | 29/58 | €23,227 | €13,385 | -€9,842 | -42.4% |
| Amounts receivable within one year | 40/41 | €16,161 | €11,968 | -€4,193 | -25.9% |
| Cash at bank and in hand | 54/58 | €6,555 | €263 | -€6,291 | -96.0% |
| Total equity and liabilities | 10/49 | €23,552 | €14,879 | -€8,673 | -36.8% |
| Equity | 10/15 | -€691 | -€2,111 | -€1,420 | -205% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,891 | -€8,311 | -€1,420 | -20.6% |
| Amounts payable | 17/49 | €24,243 | €16,990 | -€7,254 | -29.9% |
| Amounts payable after more than one year | 17 | - | €3,286 | +€3,286 | |
| Amounts payable within one year | 42/48 | €24,243 | €13,684 | -€10,559 | -43.6% |
| Trade debts | 44 | €6,059 | €3,427 | -€2,632 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €108 | -€124 | -53.3% |
| Gross operating margin | 9900 | €65,717 | €50,318 | -€15,399 | -23.4% |
| Operating profit (loss) | 9901 | €8,317 | €1,246 | -€7,071 | -85.0% |
| Recurring financial income | 75 | €0 | €98 | +€98 | +139,400% |
| Recurring financial charges | 65 | €3,858 | €2,764 | -€1,095 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €5,022 | -€1,420 | -€6,442 | |
| Income taxes | 67/77 | €350 | - | -€350 | |
| Profit (loss) for the period | 9904 | €4,672 | -€1,420 | -€6,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,672 | -€1,420 | -€6,092 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2016 and 31 March 2017. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.