JOHAN VANSLAMBROUCK: 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.
JOHAN VANSLAMBROUCK
Largest movements
- Tangible fixed assets -€8,607
down €8,607 (-9.9%), from €86,767 to €78,160
- Current assets -€3,975
down €3,975 (-3.4%), from €118,096 to €114,121
of which Cash: -€11,211
- Contributions -€18,600
no longer reported in 2019 (was €18,600)
- Reserves +€14,381
up €14,381 (+12.0%), from €120,083 to €134,464
- Debts within one year -€8,363
down €8,363 (-12.6%), from €66,230 to €57,867
- Gross operating margin -€16,217
down €16,217 (-73.6%), from €22,042 to €5,825
- Taxes -€4,192
down €4,192 (-97.1%), from €4,317 to €125
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 | €204,913 | €192,331 | -€12,582 | -6.1% |
| Fixed assets | 21/28 | €86,817 | €78,210 | -€8,607 | -9.9% |
| Tangible fixed assets | 22/27 | €86,767 | €78,160 | -€8,607 | -9.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €118,096 | €114,121 | -€3,975 | -3.4% |
| Amounts receivable within one year | 40/41 | €42,956 | €50,171 | +€7,215 | +16.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €74,454 | €63,243 | -€11,211 | -15.1% |
| Total equity and liabilities | 10/49 | €204,913 | €192,331 | -€12,582 | -6.1% |
| Equity | 10/15 | €138,683 | €134,464 | -€4,219 | -3.0% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €120,083 | €134,464 | +€14,381 | +12.0% |
| Amounts payable | 17/49 | €66,230 | €57,867 | -€8,363 | -12.6% |
| Amounts payable within one year | 42/48 | €66,230 | €57,867 | -€8,363 | -12.6% |
| Trade debts | 44 | €207 | €834 | +€627 | +303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,813 | €8,607 | -€206 | -2.3% |
| Gross operating margin | 9900 | €22,042 | €5,825 | -€16,217 | -73.6% |
| Operating profit (loss) | 9901 | €11,882 | -€4,094 | -€15,976 | |
| Recurring financial income | 75 | €3,708 | - | -€3,708 | |
| Recurring financial charges | 65 | €20 | €0 | -€20 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €15,570 | -€4,095 | -€19,665 | |
| Income taxes | 67/77 | €4,317 | €125 | -€4,192 | -97.1% |
| Profit (loss) for the period | 9904 | €11,254 | -€4,219 | -€15,473 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,254 | -€4,219 | -€15,473 |
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 29 October 2026 via checked.be.