K-1000: 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.
K-1000
Largest movements
- Cash +€7,137
new in 2020: €7,137
mainly Net result for the year (+€37,430) and Receivables within one year (+€1,926)
- Receivables within one year -€1,926
no longer reported in 2020 (was €1,926)
- Intangible fixed assets -€1,500
no longer reported in 2020 (was €1,500)
- Tangible fixed assets -€103
no longer reported in 2020 (was €103)
of which Plant, machinery and equipment: -€103
- Profit (loss) carried forward +€37,430
up €37,430 (+63.9%), from -€58,590 to -€21,160
- Other debts -€35,000
down €35,000 (-77.2%), from €45,319 to €10,319
- Tax, wage and social debts +€1,177
new in 2020: €1,177
- Turnover +€70,550
new in 2020: €70,550
- Gross operating margin +€47,033
new in 2020: €47,033
- Purchases and services +€23,517
new in 2020: €23,517
- Staff costs +€8,000
new in 2020: €8,000
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
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,329 | €8,937 | +€3,608 | +67.7% |
| Fixed assets | 21/28 | €3,403 | €1,800 | -€1,603 | -47.1% |
| Intangible fixed assets | 21 | €1,500 | - | -€1,500 | |
| Tangible fixed assets | 22/27 | €103 | - | -€103 | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €103 | - | -€103 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €1,926 | €7,137 | +€5,211 | +271% |
| Amounts receivable within one year | 40/41 | €1,926 | - | -€1,926 | |
| Other amounts receivable | 41 | €1,926 | - | -€1,926 | |
| Cash at bank and in hand | 54/58 | - | €7,137 | +€7,137 | |
| Total equity and liabilities | 10/49 | €5,329 | €8,937 | +€3,608 | +67.7% |
| Equity | 10/15 | -€39,990 | -€2,560 | +€37,430 | +93.6% |
| 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 | -€58,590 | -€21,160 | +€37,430 | +63.9% |
| Amounts payable | 17/49 | €45,319 | €11,496 | -€33,823 | -74.6% |
| Amounts payable within one year | 42/48 | €45,319 | €11,496 | -€33,823 | -74.6% |
| Taxes, remuneration and social security | 45 | - | €1,177 | +€1,177 | |
| Taxes | 450/3 | - | €1,177 | +€1,177 | |
| Other amounts payable | 47/48 | €45,319 | €10,319 | -€35,000 | -77.2% |
| Turnover | 70 | - | €70,550 | +€70,550 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €23,517 | +€23,517 | |
| Remuneration, social security and pensions | 62 | - | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €1,603 | = | 0.0% |
| Gross operating margin | 9900 | - | €47,033 | +€47,033 | |
| Operating profit (loss) | 9901 | -€1,603 | €37,430 | +€39,033 | |
| Profit (loss) for the period before taxes | 9903 | -€1,603 | €37,430 | +€39,033 | |
| Profit (loss) for the period | 9904 | -€1,603 | €37,430 | +€39,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,603 | €37,430 | +€39,033 |
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 31 October 2026 via checked.be.