O'POINT: 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.
O'POINT
Largest movements
- Cash -€10,015
down €10,015 (-99.9%), from €10,025 to €10
mainly Net result for the year (-€13,105) and Investment in fixed assets (net) (-€3,000)
- Tangible fixed assets -€322
down €322 (-3.4%), from €9,500 to €9,178
- Equity -€13,105
down €13,105, from €2,493 to -€10,612
of which Profit (loss) carried forward: -€13,105
- Debts within one year +€2,536
up €2,536 (+8.7%), from €29,046 to €31,582
of which Short-term financial debts: +€19,903
- Gross operating margin -€39,231
down €39,231, from €30,818 to -€8,412
- Depreciation -€2,595
down €2,595 (-43.9%), from €5,917 to €3,322
- Financial charges +€1,287
new in 2021: €1,287
- Financial income +€328
new in 2021: €328
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.
Cash bridge derived
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 | €31,538 | €20,969 | -€10,569 | -33.5% |
| Fixed assets | 21/28 | €9,500 | €9,178 | -€322 | -3.4% |
| Tangible fixed assets | 22/27 | €9,500 | €9,178 | -€322 | -3.4% |
| Plant, machinery and equipment | 23 | - | €8,457 | +€8,457 | |
| Furniture and vehicles | 24 | - | €721 | +€721 | |
| Current assets | 29/58 | €22,039 | €11,792 | -€10,247 | -46.5% |
| Amounts receivable within one year | 40/41 | €12,013 | €11,782 | -€232 | -1.9% |
| Other amounts receivable | 41 | - | €11,782 | +€11,782 | |
| Cash at bank and in hand | 54/58 | €10,025 | €10 | -€10,015 | -99.9% |
| Total equity and liabilities | 10/49 | €31,538 | €20,969 | -€10,569 | -33.5% |
| Equity | 10/15 | €2,493 | -€10,612 | -€13,105 | |
| Contributions | 10/11 | - | €12,500 | +€12,500 | |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,875 | +€1,875 | |
| Reserves not available under the articles | 1311 | - | €1,875 | +€1,875 | |
| Profit (loss) carried forward | 14 | -€11,882 | -€24,987 | -€13,105 | -110.3% |
| Amounts payable | 17/49 | €29,046 | €31,582 | +€2,536 | +8.7% |
| Amounts payable within one year | 42/48 | €29,046 | €31,582 | +€2,536 | +8.7% |
| Financial debts | 43 | - | €19,903 | +€19,903 | |
| Credit institutions | 430/8 | - | €19,903 | +€19,903 | |
| Trade debts | 44 | €444 | €437 | -€7 | -1.6% |
| Suppliers | 440/4 | - | €437 | +€437 | |
| Taxes, remuneration and social security | 45 | - | €4,080 | +€4,080 | |
| Taxes | 450/3 | - | €4,080 | +€4,080 | |
| Other amounts payable | 47/48 | - | €7,162 | +€7,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,917 | €3,322 | -€2,595 | -43.9% |
| Other operating charges | 640/8 | - | €302 | +€302 | |
| Gross operating margin | 9900 | €30,818 | -€8,412 | -€39,231 | |
| Operating profit (loss) | 9901 | €24,901 | -€12,037 | -€36,938 | |
| Financial income | 75/76B | - | €328 | +€328 | |
| Recurring financial income | 75 | €83 | €328 | +€246 | +297.1% |
| Financial charges | 65/66B | - | €1,287 | +€1,287 | |
| Recurring financial charges | 65 | €2,264 | €1,287 | -€977 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €22,720 | -€12,995 | -€35,715 | |
| Income taxes | 67/77 | €109 | €110 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | €22,611 | -€13,105 | -€35,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,611 | -€13,105 | -€35,716 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.