NUBIFIN: 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.
NUBIFIN
Largest movements
- Cash +€3,559
up €3,559 (+45.6%), from €7,808 to €11,367
mainly Accrued charges and deferred income (+€33,400) and Debts within one year (+€5,870)
- Tangible fixed assets -€3,362
down €3,362 (-72.4%), from €4,646 to €1,283
- Receivables within one year +€776
up €776 (+25.1%), from €3,091 to €3,867
of which Trade receivables: +€3,000
- Equity -€38,297
down €38,297, from €8,943 to -€29,354
of which Profit (loss) carried forward: -€38,297
- Accrued charges and deferred income +€33,400
new in 2021: €33,400
- Debts within one year +€5,870
up €5,870 (+88.9%), from €6,602 to €12,471
of which Other debts: +€8,847
- Purchases and services +€61,479
new in 2021: €61,479
- Turnover -€42,104
no longer reported in 2021 (was €42,104)
- Gross operating margin -€28,745
down €28,745 (-480%), from -€5,984 to -€34,729
From the 2020 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.
Derived cash bridge
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,545 | €16,517 | +€972 | +6.3% |
| Fixed assets | 21/28 | €4,646 | €1,283 | -€3,362 | -72.4% |
| Tangible fixed assets | 22/27 | €4,646 | €1,283 | -€3,362 | -72.4% |
| Furniture and vehicles | 24 | - | €1,283 | +€1,283 | |
| Current assets | 29/58 | €10,899 | €15,234 | +€4,335 | +39.8% |
| Amounts receivable within one year | 40/41 | €3,091 | €3,867 | +€776 | +25.1% |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | - | €867 | +€867 | |
| Cash at bank and in hand | 54/58 | €7,808 | €11,367 | +€3,559 | +45.6% |
| Total equity and liabilities | 10/49 | €15,545 | €16,517 | +€972 | +6.3% |
| Equity | 10/15 | €8,943 | -€29,354 | -€38,297 | |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€9,657 | -€47,954 | -€38,297 | -397% |
| Amounts payable | 17/49 | €6,602 | €45,871 | +€39,270 | +595% |
| Amounts payable within one year | 42/48 | €6,602 | €12,471 | +€5,870 | +88.9% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €110 | €625 | +€515 | +468% |
| Suppliers | 440/4 | - | €625 | +€625 | |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | - | €8,847 | +€8,847 | |
| Accrued charges and deferred income | 492/3 | - | €33,400 | +€33,400 | |
| Turnover | 70 | €42,104 | - | -€42,104 | |
| Non-recurring operating income | 76A | - | €26,750 | +€26,750 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €61,479 | +€61,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,363 | €3,363 | -€0 | 0.0% |
| Gross operating margin | 9900 | -€5,984 | -€34,729 | -€28,745 | -480% |
| Operating profit (loss) | 9901 | -€9,348 | -€38,092 | -€28,744 | -307% |
| Financial charges | 65/66B | - | €205 | +€205 | |
| Recurring financial charges | 65 | €309 | €205 | -€104 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,657 | -€38,297 | -€28,640 | -297% |
| Profit (loss) for the period | 9904 | -€9,657 | -€38,297 | -€28,640 | -297% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,657 | -€38,297 | -€28,640 | -297% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.