LLTDW: 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.
LLTDW
Largest movements
- Receivables within one year +€32,965
up €32,965 (+130.2%), from €25,314 to €58,279
- Cash +€6,436
up €6,436 (+250.3%), from €2,571 to €9,007
mainly Debts within one year (+€21,665) and Net result for the year (+€17,737)
- Debts within one year +€21,665
up €21,665 (+80.9%), from €26,769 to €48,434
- Equity +€17,737
up €17,737 (+1589.0%), from €1,116 to €18,853
of which Profit (loss) carried forward: +€17,737
- Gross operating margin +€12,035
up €12,035 (+76.6%), from €15,712 to €27,746
- Taxes +€7,417
up €7,417 (+974.7%), from €761 to €8,178
- Depreciation -€3,718
no longer reported in 2021 (was €3,718)
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 | €27,885 | €67,287 | +€39,402 | +141.3% |
| Current assets | 29/58 | €27,885 | €67,287 | +€39,402 | +141.3% |
| Amounts receivable within one year | 40/41 | €25,314 | €58,279 | +€32,965 | +130.2% |
| Cash at bank and in hand | 54/58 | €2,571 | €9,007 | +€6,436 | +250.3% |
| Total equity and liabilities | 10/49 | €27,885 | €67,287 | +€39,402 | +141.3% |
| Equity | 10/15 | €1,116 | €18,853 | +€17,737 | +1589.0% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,944 | €10,793 | +€17,737 | |
| Amounts payable | 17/49 | €26,769 | €48,434 | +€21,665 | +80.9% |
| Amounts payable within one year | 42/48 | €26,769 | €48,434 | +€21,665 | +80.9% |
| Trade debts | 44 | €13,659 | €35,042 | +€21,383 | +156.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,718 | - | -€3,718 | |
| Gross operating margin | 9900 | €15,712 | €27,746 | +€12,035 | +76.6% |
| Operating profit (loss) | 9901 | €11,311 | €27,061 | +€15,750 | +139.2% |
| Recurring financial charges | 65 | €2,759 | €1,147 | -€1,612 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €8,553 | €25,914 | +€17,362 | +203.0% |
| Income taxes | 67/77 | €761 | €8,178 | +€7,417 | +974.7% |
| Profit (loss) for the period | 9904 | €7,792 | €17,737 | +€9,945 | +127.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,792 | €17,737 | +€9,945 | +127.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2020 and 31 March 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.