NEW INTER CONNECT: 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.
NEW INTER CONNECT
Largest movements
- Current assets +€144,296
up €144,296 (+780.4%), from €18,489 to €162,786
of which Receivables within one year: +€80,794
- Tangible fixed assets +€3,834
up €3,834 (+18.0%), from €21,311 to €25,145
of which Plant, machinery and equipment: +€10,536
- Profit (loss) carried forward +€86,661
up €86,661, from -€34,110 to €52,551
- Debts +€61,469
up €61,469 (+213.1%), from €28,839 to €90,308
of which Debts within one year: +€61,469
- Purchases and services +€165,634
new in 2021: €165,634
- Turnover +€111,313
up €111,313 (+88.5%), from €125,712 to €237,025
- Gross operating margin +€52,035
up €52,035 (+184.1%), from €28,265 to €80,300
- Taxes +€21,813
up €21,813, from -€940 to €20,873
- Depreciation -€4,030
down €4,030 (-33.7%), from €11,971 to €7,941
From the 2019 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,100 | €188,231 | +€148,130 | +369.4% |
| Fixed assets | 21/28 | €21,611 | €25,445 | +€3,834 | +17.7% |
| Tangible fixed assets | 22/27 | €21,311 | €25,145 | +€3,834 | +18.0% |
| Land and buildings | 22 | - | €7,898 | +€7,898 | |
| Plant, machinery and equipment | 23 | - | €10,536 | +€10,536 | |
| Furniture and vehicles | 24 | - | €6,712 | +€6,712 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €18,489 | €162,786 | +€144,296 | +780.4% |
| Stocks and contracts in progress | 3 | - | €4,096 | +€4,096 | |
| Stocks | 30/36 | - | €4,096 | +€4,096 | |
| Amounts receivable within one year | 40/41 | €17,137 | €97,931 | +€80,794 | +471.5% |
| Trade receivables | 40 | - | €75,177 | +€75,177 | |
| Other amounts receivable | 41 | - | €22,754 | +€22,754 | |
| Cash at bank and in hand | 54/58 | - | €60,245 | +€60,245 | |
| Deferred charges and accrued income | 490/1 | - | €513 | +€513 | |
| Total equity and liabilities | 10/49 | €40,100 | €188,231 | +€148,130 | +369.4% |
| Equity | 10/15 | €11,262 | €97,923 | +€86,661 | +769.5% |
| Contributions | 10/11 | €11,921 | €11,921 | = | 0.0% |
| Outside capital | 11 | - | €11,921 | +€11,921 | |
| Other | 1109/19 | - | €11,921 | +€11,921 | |
| Reserves | 13 | €33,451 | €33,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €31,591 | +€31,591 | |
| Profit (loss) carried forward | 14 | -€34,110 | €52,551 | +€86,661 | |
| Amounts payable | 17/49 | €28,839 | €90,308 | +€61,469 | +213.1% |
| Amounts payable within one year | 42/48 | €27,589 | €89,058 | +€61,469 | +222.8% |
| Trade debts | 44 | €4,192 | €62,117 | +€57,925 | +1381.8% |
| Suppliers | 440/4 | - | €62,117 | +€62,117 | |
| Taxes, remuneration and social security | 45 | - | €26,941 | +€26,941 | |
| Taxes | 450/3 | - | €24,772 | +€24,772 | |
| Remuneration and social security | 454/9 | - | €2,170 | +€2,170 | |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Turnover | 70 | €125,712 | €237,025 | +€111,313 | +88.5% |
| Non-recurring operating income | 76A | - | €4,734 | +€4,734 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €165,634 | +€165,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,971 | €7,941 | -€4,030 | -33.7% |
| Other operating charges | 640/8 | - | €2,293 | +€2,293 | |
| Gross operating margin | 9900 | €28,265 | €80,300 | +€52,035 | +184.1% |
| Operating profit (loss) | 9901 | €8,132 | €70,066 | +€61,934 | +761.6% |
| Financial income | 75/76B | - | €1,059 | +€1,059 | |
| Recurring financial income | 75 | €1,077 | €1,059 | -€18 | -1.6% |
| Financial charges | 65/66B | - | €390 | +€390 | |
| Recurring financial charges | 65 | €1,326 | €390 | -€936 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €7,883 | €70,736 | +€62,852 | +797.3% |
| Income taxes | 67/77 | -€940 | €20,873 | +€21,813 | |
| Profit (loss) for the period | 9904 | €8,823 | €49,862 | +€41,039 | +465.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,823 | €49,862 | +€41,039 | +465.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.