Luc'X: 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.
Luc'X
Largest movements
- Cash -€780
down €780 (-26.1%), from €2,986 to €2,206
mainly Net result for the year (-€1,768)
- Receivables within one year -€318
down €318 (-7.2%), from €4,395 to €4,078
- Equity -€1,768
down €1,768 (-34.9%), from €5,061 to €3,292
of which Contributions: -€6,200
- Debts +€670
up €670 (+28.9%), from €2,321 to €2,991
- Gross operating margin -€3,580
down €3,580, from €2,719 to -€861
- Taxes -€48
no longer reported in 2020 (was €48)
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.
Derived cash bridge
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 | €7,382 | €6,284 | -€1,098 | -14.9% |
| Current assets | 29/58 | €7,382 | €6,284 | -€1,098 | -14.9% |
| Amounts receivable within one year | 40/41 | €4,395 | €4,078 | -€318 | -7.2% |
| Cash at bank and in hand | 54/58 | €2,986 | €2,206 | -€780 | -26.1% |
| Total equity and liabilities | 10/49 | €7,382 | €6,284 | -€1,098 | -14.9% |
| Equity | 10/15 | €5,061 | €3,292 | -€1,768 | -34.9% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€1,139 | -€2,908 | -€1,768 | -155% |
| Amounts payable | 17/49 | €2,321 | €2,991 | +€670 | +28.9% |
| Amounts payable within one year | 42/48 | €1,696 | €2,366 | +€670 | +39.5% |
| Trade debts | 44 | €1,200 | €1,666 | +€467 | +38.9% |
| Gross operating margin | 9900 | €2,719 | -€861 | -€3,580 | |
| Operating profit (loss) | 9901 | €2,371 | -€1,645 | -€4,016 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Recurring financial charges | 65 | €162 | €124 | -€38 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €2,210 | -€1,768 | -€3,978 | |
| Income taxes | 67/77 | €48 | - | -€48 | |
| Profit (loss) for the period | 9904 | €2,162 | -€1,768 | -€3,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,162 | -€1,768 | -€3,930 |
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 16 October 2026 via checked.be.