MATTHEEUWS NICO: 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.
MATTHEEUWS NICO
Largest movements
- Stocks and contracts -€29,010
no longer reported in 2020 (was €29,010)
- Debts within one year -€30,010
down €30,010 (-32.7%), from €91,745 to €61,735
- Profit (loss) carried forward +€1,000
up €1,000 (+0.5%), from -€199,169 to -€198,169
- Depreciation -€56,954
no longer reported in 2020 (was €56,954)
- Gross operating margin +€20,000
up €20,000, from -€18,999 to €1,000
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 | €55,376 | €26,366 | -€29,009 | -52.4% |
| Fixed assets | 21/28 | €6,014 | €6,014 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,014 | €6,014 | = | 0.0% |
| Current assets | 29/58 | €49,361 | €20,352 | -€29,009 | -58.8% |
| Stocks and contracts in progress | 3 | €29,010 | - | -€29,010 | |
| Amounts receivable within one year | 40/41 | €15,247 | €15,247 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €5,104 | €5,105 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €55,376 | €26,366 | -€29,009 | -52.4% |
| Equity | 10/15 | -€96,369 | -€95,369 | +€1,000 | +1.0% |
| Contributions | 10/11 | €102,800 | €102,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,169 | -€198,169 | +€1,000 | +0.5% |
| Amounts payable | 17/49 | €151,745 | €121,735 | -€30,010 | -19.8% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,745 | €61,735 | -€30,010 | -32.7% |
| Trade debts | 44 | €22,465 | €22,465 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,954 | - | -€56,954 | |
| Gross operating margin | 9900 | -€18,999 | €1,000 | +€20,000 | |
| Operating profit (loss) | 9901 | -€77,651 | €1,000 | +€78,651 | |
| Profit (loss) for the period before taxes | 9903 | -€78,843 | €1,000 | +€79,843 | |
| Income taxes | 67/77 | €135 | - | -€135 | |
| Profit (loss) for the period | 9904 | -€78,978 | €1,000 | +€79,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,978 | €1,000 | +€79,978 |
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 1 November 2026 via checked.be.