K - TEAM: what changed
Two fiscal 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 - TEAM
Largest movements
- Cash +€329
up €329 (+12.8%), from €2,571 to €2,899
mainly Net result for the year (+€1,334) and Accrued charges and deferred income (+€348)
- Receivables within one year +€275
up €275 (+9.5%), from €2,900 to €3,175
of which Trade receivables: +€1,647
- Profit (loss) carried forward +€1,334
up €1,334 (+2.0%), from -€65,248 to -€63,914
- Debts within one year -€1,078
down €1,078 (-2.1%), from €50,267 to €49,189
- Accrued charges and deferred income +€348
new in 2021: €348
- Purchases and services +€7,070
new in 2021: €7,070
- Gross operating margin -€2,344
down €2,344 (-56.4%), from €4,155 to €1,811
- Turnover -€1,816
down €1,816 (-17.0%), from €10,696 to €8,881
- Other operating charges +€348
new in 2021: €348
- Financial charges +€129
new in 2021: €129
From the 2020 result to the 2021 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.
Cash bridge derived
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,471 | €6,074 | +€604 | +11.0% |
| Current assets | 29/58 | €5,471 | €6,074 | +€604 | +11.0% |
| Amounts receivable within one year | 40/41 | €2,900 | €3,175 | +€275 | +9.5% |
| Trade receivables | 40 | - | €1,647 | +€1,647 | |
| Other amounts receivable | 41 | - | €1,528 | +€1,528 | |
| Cash at bank and in hand | 54/58 | €2,571 | €2,899 | +€329 | +12.8% |
| Total equity and liabilities | 10/49 | €5,471 | €6,074 | +€604 | +11.0% |
| Equity | 10/15 | -€44,797 | -€43,462 | +€1,334 | +3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€65,248 | -€63,914 | +€1,334 | +2.0% |
| Amounts payable | 17/49 | €50,267 | €49,537 | -€731 | -1.5% |
| Amounts payable within one year | 42/48 | €50,267 | €49,189 | -€1,078 | -2.1% |
| Trade debts | 44 | €703 | €1,483 | +€781 | +111.1% |
| Suppliers | 440/4 | - | €1,483 | +€1,483 | |
| Advances received on contracts in progress | 46 | - | €581 | +€581 | |
| Taxes, remuneration and social security | 45 | - | €49 | +€49 | |
| Taxes | 450/3 | - | €49 | +€49 | |
| Other amounts payable | 47/48 | - | €47,076 | +€47,076 | |
| Accrued charges and deferred income | 492/3 | - | €348 | +€348 | |
| Turnover | 70 | €10,696 | €8,881 | -€1,816 | -17.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,070 | +€7,070 | |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | €4,155 | €1,811 | -€2,344 | -56.4% |
| Operating profit (loss) | 9901 | €3,808 | €1,464 | -€2,344 | -61.6% |
| Financial charges | 65/66B | - | €129 | +€129 | |
| Recurring financial charges | 65 | €164 | €129 | -€35 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €3,643 | €1,334 | -€2,309 | -63.4% |
| Profit (loss) for the period | 9904 | €3,643 | €1,334 | -€2,309 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,643 | €1,334 | -€2,309 | -63.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.