KM FACILITIES: 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.
KM FACILITIES
Largest movements
- Receivables within one year -€4,115
down €4,115 (-7.8%), from €52,863 to €48,748
- Cash +€2,144
up €2,144 (+33.8%), from €6,347 to €8,491
mainly Net result for the year (+€8,371) and Receivables within one year (+€4,115)
- Tangible fixed assets -€1,254
down €1,254 (-74.6%), from €1,681 to €428
- Profit (loss) carried forward +€8,371
up €8,371 (+33.2%), from €25,193 to €33,564
- Debts within one year -€6,721
down €6,721 (-74.4%), from €9,033 to €2,312
- Debts after one year -€4,875
down €4,875 (-48.7%), from €10,015 to €5,140
- Turnover -€85,196
down €85,196 (-46.4%), from €183,490 to €98,294
- Gross operating margin -€30,373
down €30,373 (-50.8%), from €59,824 to €29,451
- Taxes +€4,071
new in 2020: €4,071
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 | €62,842 | €59,617 | -€3,225 | -5.1% |
| Fixed assets | 21/28 | €3,631 | €2,378 | -€1,254 | -34.5% |
| Tangible fixed assets | 22/27 | €1,681 | €428 | -€1,254 | -74.6% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €59,210 | €57,239 | -€1,971 | -3.3% |
| Amounts receivable within one year | 40/41 | €52,863 | €48,748 | -€4,115 | -7.8% |
| Cash at bank and in hand | 54/58 | €6,347 | €8,491 | +€2,144 | +33.8% |
| Total equity and liabilities | 10/49 | €62,842 | €59,617 | -€3,225 | -5.1% |
| Equity | 10/15 | €43,793 | €52,164 | +€8,371 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,193 | €33,564 | +€8,371 | +33.2% |
| Amounts payable | 17/49 | €19,048 | €7,452 | -€11,596 | -60.9% |
| Amounts payable after more than one year | 17 | €10,015 | €5,140 | -€4,875 | -48.7% |
| Amounts payable within one year | 42/48 | €9,033 | €2,312 | -€6,721 | -74.4% |
| Trade debts | 44 | €1,080 | €69 | -€1,012 | -93.7% |
| Turnover | 70 | €183,490 | €98,294 | -€85,196 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,773 | €1,254 | -€519 | -29.3% |
| Gross operating margin | 9900 | €59,824 | €29,451 | -€30,373 | -50.8% |
| Operating profit (loss) | 9901 | €31,447 | €12,905 | -€18,542 | -59.0% |
| Recurring financial charges | 65 | €885 | €462 | -€423 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €30,541 | €12,442 | -€18,099 | -59.3% |
| Income taxes | 67/77 | - | €4,071 | +€4,071 | |
| Profit (loss) for the period | 9904 | €30,541 | €8,371 | -€22,170 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,541 | €8,371 | -€22,170 | -72.6% |
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 10 October 2026 via checked.be.