NEW R: 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.
NEW R
Largest movements
- Financial fixed assets +€50,000
new in 2017: €50,000
- Tangible fixed assets -€16,797
down €16,797 (-25.7%), from €65,408 to €48,611
- Receivables within one year -€7,491
down €7,491 (-92.8%), from €8,071 to €580
- Debts within one year +€66,073
up €66,073 (+320%), from €20,627 to €86,700
- Profit (loss) carried forward -€24,143
down €24,143 (-107%), from -€22,506 to -€46,649
- Debts after one year -€16,170
down €16,170 (-20.3%), from €79,698 to €63,528
- Gross operating margin -€17,310
down €17,310, from €14,813 to -€2,497
- Depreciation +€9,848
up €9,848 (+124%), from €7,949 to €17,797
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,419 | €122,179 | +€25,760 | +26.7% |
| Fixed assets | 21/28 | €69,602 | €101,805 | +€32,203 | +46.3% |
| Intangible fixed assets | 21 | €4,194 | €3,194 | -€1,000 | -23.8% |
| Tangible fixed assets | 22/27 | €65,408 | €48,611 | -€16,797 | -25.7% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €26,817 | €20,374 | -€6,443 | -24.0% |
| Stocks and contracts in progress | 3 | €18,703 | €18,703 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,071 | €580 | -€7,491 | -92.8% |
| Cash at bank and in hand | 54/58 | €43 | €1,091 | +€1,048 | +2,437% |
| Total equity and liabilities | 10/49 | €96,419 | €122,179 | +€25,760 | +26.7% |
| Equity | 10/15 | -€3,906 | -€28,049 | -€24,143 | -618% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,506 | -€46,649 | -€24,143 | -107% |
| Amounts payable | 17/49 | €100,325 | €150,228 | +€49,903 | +49.7% |
| Amounts payable after more than one year | 17 | €79,698 | €63,528 | -€16,170 | -20.3% |
| Amounts payable within one year | 42/48 | €20,627 | €86,700 | +€66,073 | +320% |
| Trade debts | 44 | €2,649 | €4,641 | +€1,992 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,949 | €17,797 | +€9,848 | +124% |
| Gross operating margin | 9900 | €14,813 | -€2,497 | -€17,310 | |
| Operating profit (loss) | 9901 | -€3,226 | -€21,339 | -€18,113 | -561% |
| Recurring financial charges | 65 | €3,476 | €2,804 | -€672 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,702 | -€24,143 | -€17,441 | -260% |
| Profit (loss) for the period | 9904 | -€6,702 | -€24,143 | -€17,441 | -260% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,702 | -€24,143 | -€17,441 | -260% |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.