MASTABA: 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.
MASTABA
Largest movements
- Tangible fixed assets -€4,676
no longer reported in 2019 (was €4,676)
- Current assets -€3,392
down €3,392 (-32.5%), from €10,437 to €7,045
of which Cash: -€2,673
- Profit (loss) carried forward -€12,127
down €12,127 (-81.7%), from -€14,851 to -€26,978
- Debts +€4,059
up €4,059 (+44.8%), from €9,064 to €13,123
- Gross operating margin -€9,771
down €9,771, from €4,485 to -€5,286
- Depreciation -€887
down €887 (-15.9%), from €5,563 to €4,676
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,113 | €7,045 | -€8,067 | -53.4% |
| Fixed assets | 21/28 | €4,676 | - | -€4,676 | |
| Tangible fixed assets | 22/27 | €4,676 | - | -€4,676 | |
| Current assets | 29/58 | €10,437 | €7,045 | -€3,392 | -32.5% |
| Stocks and contracts in progress | 3 | €750 | €750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,887 | €6,235 | -€651 | -9.5% |
| Cash at bank and in hand | 54/58 | €2,733 | €60 | -€2,673 | -97.8% |
| Total equity and liabilities | 10/49 | €15,113 | €7,045 | -€8,067 | -53.4% |
| Equity | 10/15 | €6,049 | -€6,078 | -€12,127 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,851 | -€26,978 | -€12,127 | -81.7% |
| Amounts payable | 17/49 | €9,064 | €13,123 | +€4,059 | +44.8% |
| Amounts payable within one year | 42/48 | €9,064 | €13,077 | +€4,014 | +44.3% |
| Trade debts | 44 | €3,527 | €2,156 | -€1,370 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,563 | €4,676 | -€887 | -15.9% |
| Gross operating margin | 9900 | €4,485 | -€5,286 | -€9,771 | |
| Operating profit (loss) | 9901 | -€2,919 | -€11,733 | -€8,814 | -301.9% |
| Recurring financial charges | 65 | €280 | €213 | -€67 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,199 | -€11,947 | -€8,747 | -273.4% |
| Income taxes | 67/77 | €198 | €180 | -€17 | -8.9% |
| Profit (loss) for the period | 9904 | -€3,397 | -€12,127 | -€8,730 | -257.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,397 | -€12,127 | -€8,730 | -257.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.