MEESSEN J.M.: 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.
MEESSEN J.M.
Largest movements
- Current assets +€7,024
up €7,024 (+7.4%), from €95,101 to €102,125
of which Receivables within one year: +€10,563
- Tangible fixed assets -€3,255
down €3,255 (-33.3%), from €9,766 to €6,510
- Debts within one year +€7,158
up €7,158 (+302%), from €2,372 to €9,530
- Equity -€3,389
down €3,389 (-3.3%), from €102,495 to €99,106
of which Contributions: -€25,000
- Turnover -€8,780
down €8,780 (-29.1%), from €30,175 to €21,396
- Gross operating margin -€7,206
down €7,206 (-44.8%), from €16,096 to €8,891
- Taxes -€547
down €547 (-66.3%), from €824 to €277
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
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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,867 | €108,635 | +€3,769 | +3.6% |
| Fixed assets | 21/28 | €9,766 | €6,510 | -€3,255 | -33.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €9,766 | €6,510 | -€3,255 | -33.3% |
| Current assets | 29/58 | €95,101 | €102,125 | +€7,024 | +7.4% |
| Amounts receivable within one year | 40/41 | €4,316 | €14,878 | +€10,563 | +245% |
| Cash at bank and in hand | 54/58 | €90,195 | €86,657 | -€3,539 | -3.9% |
| Total equity and liabilities | 10/49 | €104,867 | €108,635 | +€3,769 | +3.6% |
| Equity | 10/15 | €102,495 | €99,106 | -€3,389 | -3.3% |
| Contributions | 10/11 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,995 | €71,606 | -€3,389 | -4.5% |
| Amounts payable | 17/49 | €2,372 | €9,530 | +€7,158 | +302% |
| Amounts payable within one year | 42/48 | €2,372 | €9,530 | +€7,158 | +302% |
| Trade debts | 44 | €576 | €1,765 | +€1,189 | +206% |
| Turnover | 70 | €30,175 | €21,396 | -€8,780 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,255 | €3,255 | = | 0.0% |
| Gross operating margin | 9900 | €16,096 | €8,891 | -€7,206 | -44.8% |
| Operating profit (loss) | 9901 | €2,743 | -€2,913 | -€5,656 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Recurring financial charges | 65 | €292 | €198 | -€93 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €2,466 | -€3,111 | -€5,578 | |
| Income taxes | 67/77 | €824 | €277 | -€547 | -66.3% |
| Profit (loss) for the period | 9904 | €1,642 | -€3,389 | -€5,031 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,642 | -€3,389 | -€5,031 |
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 28 October 2026 via checked.be.