LANDMARK 33: 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.
LANDMARK 33
Largest movements
- Receivables within one year +€16,683
up €16,683 (+483%), from €3,453 to €20,136
- Tangible fixed assets -€714
no longer reported in 2017 (was €714)
- Equity +€21,038
up €21,038, from -€12,850 to €8,188
- Debts within one year -€2,567
down €2,567 (-17.7%), from €14,517 to €11,950
- Provisions -€2,500
no longer reported in 2017 (was €2,500)
- Gross operating margin +€19,661
up €19,661, from -€563 to €19,098
- Depreciation -€234
down €234 (-100%), from €234 to €0
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,168 | €20,138 | +€15,970 | +383% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €714 | - | -€714 | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €714 | - | -€714 | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €3,453 | €20,138 | +€16,685 | +483% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,453 | €20,136 | +€16,683 | +483% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €0 | €2 | +€2 | +1,150% |
| Total equity and liabilities | 10/49 | €4,168 | €20,138 | +€15,970 | +383% |
| Equity | 10/15 | -€12,850 | €8,188 | +€21,038 | |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | - | €1,938 | +€1,938 | |
| Profit (loss) carried forward | 14 | -€19,100 | -€17,559 | +€1,541 | +8.1% |
| Provisions and deferred taxes | 16 | €2,500 | - | -€2,500 | |
| Amounts payable | 17/49 | €14,517 | €11,950 | -€2,567 | -17.7% |
| Amounts payable within one year | 42/48 | €14,517 | €11,950 | -€2,567 | -17.7% |
| Trade debts | 44 | €2,309 | - | -€2,309 | |
| Turnover | 70 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €0 | -€234 | -100% |
| Gross operating margin | 9900 | -€563 | €19,098 | +€19,661 | |
| Operating profit (loss) | 9901 | -€1,502 | €18,599 | +€20,101 | |
| Recurring financial income | 75 | - | €0 | = | |
| Recurring financial charges | 65 | €39 | €61 | +€22 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,541 | €21,038 | +€22,579 | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€1,541 | €21,038 | +€22,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,541 | €21,038 | +€22,579 |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.