No Ho Consulting: what changed
No Ho Consulting
Largest movements
- Receivables within one year -€92,253
down €92,253 (-41.9%), from €220,349 to €128,096
- Stocks and contracts -€55,844
down €55,844 (-27.6%), from €202,194 to €146,350
- Cash -€42,547
down €42,547 (-45.8%), from €92,893 to €50,346
mainly Debts (-€209,016) and Investment in fixed assets (net) (-€500)
- Debts -€209,016
down €209,016 (-43.8%), from €477,724 to €268,708
- Profit (loss) carried forward +€17,072
up €17,072 (+39.5%), from €43,190 to €60,262
- Gross operating margin -€12,852
down €12,852 (-33.8%), from €38,036 to €25,184
- Taxes -€7,422
down €7,422 (-53.3%), from €13,933 to €6,511
Change in the result, 2019 to 2020
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2019 and 2020 balance sheets and the 2020 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,915 | €328,970 | -€191,944 | -36.8% |
| Fixed assets | 21/28 | €5,479 | €4,179 | -€1,300 | -23.7% |
| Tangible fixed assets | 22/27 | €5,479 | €3,679 | -€1,800 | -32.9% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €515,435 | €324,791 | -€190,644 | -37.0% |
| Stocks and contracts in progress | 3 | €202,194 | €146,350 | -€55,844 | -27.6% |
| Amounts receivable within one year | 40/41 | €220,349 | €128,096 | -€92,253 | -41.9% |
| Cash at bank and in hand | 54/58 | €92,893 | €50,346 | -€42,547 | -45.8% |
| Total equity and liabilities | 10/49 | €520,915 | €328,970 | -€191,944 | -36.8% |
| Equity | 10/15 | €43,190 | €60,262 | +€17,072 | +39.5% |
| Profit (loss) carried forward | 14 | €43,190 | €60,262 | +€17,072 | +39.5% |
| Amounts payable | 17/49 | €477,724 | €268,708 | -€209,016 | -43.8% |
| Amounts payable after more than one year | 17 | €91,355 | €91,355 | = | 0.0% |
| Amounts payable within one year | 42/48 | €200,130 | €177,353 | -€22,777 | -11.4% |
| Trade debts | 44 | €59,043 | €61,794 | +€2,751 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,738 | €1,800 | +€63 | +3.6% |
| Gross operating margin | 9900 | €38,036 | €25,184 | -€12,852 | -33.8% |
| Operating profit (loss) | 9901 | €34,250 | €19,385 | -€14,865 | -43.4% |
| Recurring financial income | 75 | €53 | €14 | -€40 | -74.5% |
| Recurring financial charges | 65 | €6,772 | €7,566 | +€794 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €27,532 | €23,583 | -€3,949 | -14.3% |
| Income taxes | 67/77 | €13,933 | €6,511 | -€7,422 | -53.3% |
| Profit (loss) for the period | 9904 | €13,599 | €17,072 | +€3,473 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,599 | €17,072 | +€3,473 | +25.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.