KJ: 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.
KJ
Largest movements
- Receivables within one year -€16,045
down €16,045 (-25.2%), from €63,587 to €47,542
- Financial fixed assets -€1,884
no longer reported in 2020 (was €1,884)
- Stocks and contracts -€1,529
no longer reported in 2020 (was €1,529)
- Debts within one year -€13,170
no longer reported in 2020 (was €13,170)
- Equity -€6,749
down €6,749 (-12.4%), from €54,291 to €47,542
of which Contributions: -€18,592
- Gross operating margin +€5,947
up €5,947 (+50.0%), from -€11,887 to -€5,940
- Depreciation -€250
no longer reported in 2020 (was €250)
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.
Cash bridge derived
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 | €67,461 | €47,542 | -€19,919 | -29.5% |
| Fixed assets | 21/28 | €2,134 | - | -€2,134 | |
| Tangible fixed assets | 22/27 | €250 | - | -€250 | |
| Financial fixed assets | 28 | €1,884 | - | -€1,884 | |
| Current assets | 29/58 | €65,326 | €47,542 | -€17,785 | -27.2% |
| Stocks and contracts in progress | 3 | €1,529 | - | -€1,529 | |
| Amounts receivable within one year | 40/41 | €63,587 | €47,542 | -€16,045 | -25.2% |
| Cash at bank and in hand | 54/58 | €210 | - | -€210 | |
| Total equity and liabilities | 10/49 | €67,461 | €47,542 | -€19,919 | -29.5% |
| Equity | 10/15 | €54,291 | €47,542 | -€6,749 | -12.4% |
| Contributions | 10/11 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,840 | €27,091 | -€6,749 | -19.9% |
| Amounts payable | 17/49 | €13,170 | - | -€13,170 | |
| Amounts payable within one year | 42/48 | €13,170 | - | -€13,170 | |
| Trade debts | 44 | €10,153 | - | -€10,153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | - | -€250 | |
| Gross operating margin | 9900 | -€11,887 | -€5,940 | +€5,947 | +50.0% |
| Operating profit (loss) | 9901 | -€13,340 | -€6,613 | +€6,727 | +50.4% |
| Recurring financial income | 75 | €2,749 | - | -€2,749 | |
| Recurring financial charges | 65 | €133 | - | -€133 | |
| Profit (loss) for the period before taxes | 9903 | -€9,050 | -€6,749 | +€2,300 | +25.4% |
| Profit (loss) for the period | 9904 | -€9,050 | -€6,749 | +€2,300 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,050 | -€6,749 | +€2,300 | +25.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.