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LAB: 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.

What changed

LAB

BE 0862.979.702
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€1,546
2020 · -€1,764+€217
Equity
€2,567
2020 · €4,113-€1,546
Cash
€1,123
2020 · €2,939-€1,817
Balance sheet total
€3,168
2020 · €6,327-€3,159

Largest movements

2020 to 2021
Assets
  • Cash -€1,817

    down €1,817 (-61.8%), from €2,939 to €1,123

    mainly Debts within one year (-€1,613) and Net result for the year (-€1,546)

  • Receivables within one year -€1,342

    down €1,342 (-39.6%), from €3,387 to €2,045

Equity and liabilities
  • Debts within one year -€1,613

    down €1,613 (-72.9%), from €2,214 to €601

  • Equity -€1,546

    down €1,546 (-37.6%), from €4,113 to €2,567

    of which Profit (loss) carried forward: -€1,546

Income statement
  • Gross operating margin -€129

    down €129 (-9.6%), from -€1,341 to -€1,470

From the 2020 result to the 2021 result

effect on the 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.

Result 2020 -€1,764
Gross operating margin -€129
Financial income +€47
Financial charges +€298
Result 2021 -€1,546

Cash bridge derived

cash 2020 to 2021

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.

From operations -€1,817
Investment €0
Financing €0
Cash 2020 €2,939
Net result for the year -€1,546
Receivables within one year +€1,342
Debts within one year -€1,613
Cash 2021 €1,123
Every line side by side 18 lines
Line Code 2020 2021 Change %
Total assets 20/58 €6,327 €3,168 -€3,159 -49.9%
Current assets 29/58 €6,327 €3,168 -€3,159 -49.9%
Amounts receivable within one year 40/41 €3,387 €2,045 -€1,342 -39.6%
Cash at bank and in hand 54/58 €2,939 €1,123 -€1,817 -61.8%
Total equity and liabilities 10/49 €6,327 €3,168 -€3,159 -49.9%
Equity 10/15 €4,113 €2,567 -€1,546 -37.6%
Reserves 13 €19,860 €19,860 = 0.0%
Profit (loss) carried forward 14 -€21,947 -€23,493 -€1,546 -7.0%
Amounts payable 17/49 €2,214 €601 -€1,613 -72.9%
Amounts payable within one year 42/48 €2,214 €601 -€1,613 -72.9%
Trade debts 44 €1,673 €60 -€1,613 -96.4%
Gross operating margin 9900 -€1,341 -€1,470 -€129 -9.6%
Operating profit (loss) 9901 -€1,341 -€1,470 -€129 -9.6%
Recurring financial income 75 - €47 +€47
Recurring financial charges 65 €423 €124 -€298 -70.6%
Profit (loss) for the period before taxes 9903 -€1,764 -€1,546 +€217 +12.3%
Profit (loss) for the period 9904 -€1,764 -€1,546 +€217 +12.3%
Profit (loss) for the period to be appropriated 9905 -€1,764 -€1,546 +€217 +12.3%

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 28 September 2026 via checked.be.