INSTITUT JULES DESTREE: 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.
INSTITUT JULES DESTREE
Largest movements
- Tangible fixed assets +€141,062
up €141,062 (+97.6%), from €144,544 to €285,605
- Current assets +€87,306
up €87,306 (+51.2%), from €170,398 to €257,704
of which Receivables within one year: +€86,048
- Debts +€183,193
up €183,193 (+67.2%), from €272,593 to €455,786
- Equity +€48,926
up €48,926 (+116%), from €42,349 to €91,275
- Gross operating margin +€45,834
up €45,834 (+12.1%), from €377,764 to €423,598
- Depreciation +€5,718
up €5,718 (+560%), from €1,022 to €6,740
From the 2018 result to the 2019 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 | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,942 | €547,061 | +€232,119 | +73.7% |
| Fixed assets | 21/28 | €144,544 | €289,357 | +€144,813 | +100% |
| Intangible fixed assets | 21 | - | €3,751 | +€3,751 | |
| Tangible fixed assets | 22/27 | €144,544 | €285,605 | +€141,062 | +97.6% |
| Current assets | 29/58 | €170,398 | €257,704 | +€87,306 | +51.2% |
| Stocks and contracts in progress | 3 | €492 | €492 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €169,027 | €255,075 | +€86,048 | +50.9% |
| Current investments | 50/53 | €50 | - | -€50 | |
| Cash at bank and in hand | 54/58 | €329 | €1,637 | +€1,308 | +398% |
| Total equity and liabilities | 10/49 | €314,942 | €547,061 | +€232,119 | +73.7% |
| Equity | 10/15 | €42,349 | €91,275 | +€48,926 | +116% |
| Profit (loss) carried forward | 14 | -€87,405 | -€145,979 | -€58,574 | -67.0% |
| Amounts payable | 17/49 | €272,593 | €455,786 | +€183,193 | +67.2% |
| Amounts payable within one year | 42/48 | €220,753 | €349,036 | +€128,283 | +58.1% |
| Trade debts | 44 | €81,320 | €124,686 | +€43,366 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,022 | €6,740 | +€5,718 | +560% |
| Gross operating margin | 9900 | €377,764 | €423,598 | +€45,834 | +12.1% |
| Operating profit (loss) | 9901 | -€102,272 | -€57,881 | +€44,391 | +43.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -82.1% |
| Recurring financial charges | 65 | €1,984 | €5,351 | +€3,366 | +170% |
| Profit (loss) for the period before taxes | 9903 | -€104,255 | -€63,232 | +€41,024 | +39.3% |
| Profit (loss) for the period | 9904 | €20,490 | -€58,574 | -€79,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,490 | -€58,574 | -€79,064 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.