NIDA: 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.
NIDA
Largest movements
- Tangible fixed assets -€23,698
down €23,698 (-3.1%), from €771,661 to €747,963
- Cash -€21,208
down €21,208 (-95.5%), from €22,207 to €999
mainly Net result for the year (-€23,918) and Debts within one year (-€10,988)
- Equity -€23,918
down €23,918 (-9.0%), from €266,305 to €242,387
of which Profit (loss) carried forward: -€23,918
- Debts within one year -€10,988
down €10,988 (-4.3%), from €254,126 to €243,137
- Debts after one year -€10,000
no longer reported in 2020 (was €10,000)
- Turnover -€50,386
down €50,386 (-30.7%), from €164,016 to €113,630
- Gross operating margin -€34,410
down €34,410 (-43.7%), from €78,722 to €44,312
- Taxes -€11,607
down €11,607 (-30.9%), from €37,511 to €25,903
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.
Cash bridge derived
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 | €793,868 | €748,962 | -€44,906 | -5.7% |
| Fixed assets | 21/28 | €771,661 | €747,963 | -€23,698 | -3.1% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €771,661 | €747,963 | -€23,698 | -3.1% |
| Current assets | 29/58 | €22,207 | €999 | -€21,208 | -95.5% |
| Cash at bank and in hand | 54/58 | €22,207 | €999 | -€21,208 | -95.5% |
| Total equity and liabilities | 10/49 | €793,868 | €748,962 | -€44,906 | -5.7% |
| Equity | 10/15 | €266,305 | €242,387 | -€23,918 | -9.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €215,146 | €215,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,842 | -€137,760 | -€23,918 | -21.0% |
| Provisions and deferred taxes | 16 | €263,438 | €263,438 | = | 0.0% |
| Amounts payable | 17/49 | €264,126 | €243,137 | -€20,988 | -7.9% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €254,126 | €243,137 | -€10,988 | -4.3% |
| Trade debts | 44 | €29,213 | €22,350 | -€6,863 | -23.5% |
| Turnover | 70 | €164,016 | €113,630 | -€50,386 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,698 | €23,698 | = | 0.0% |
| Gross operating margin | 9900 | €78,722 | €44,312 | -€34,410 | -43.7% |
| Operating profit (loss) | 9901 | €40,459 | €2,990 | -€37,469 | -92.6% |
| Recurring financial charges | 65 | €899 | €1,005 | +€106 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €39,560 | €1,985 | -€37,575 | -95.0% |
| Income taxes | 67/77 | €37,511 | €25,903 | -€11,607 | -30.9% |
| Profit (loss) for the period | 9904 | €2,050 | -€23,918 | -€25,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,050 | -€23,918 | -€25,968 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.