OBRADECK: 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.
OBRADECK
Largest movements
- Receivables within one year -€14,978
down €14,978 (-17.0%), from €88,214 to €73,236
- Cash -€1,872
down €1,872 (-8.9%), from €20,970 to €19,098
- Debts within one year -€36,035
down €36,035 (-87.1%), from €41,358 to €5,323
of which Trade debts: -€33,987
- Profit (loss) carried forward +€18,713
up €18,713 (+35.2%), from €53,161 to €71,873
- Taxes +€3,343
up €3,343 (+998%), from €335 to €3,678
- Depreciation -€886
down €886 (-56.9%), from €1,557 to €672
- Other operating charges +€348
new in 2021: €348
- Financial income +€239
new in 2021: €239
- Gross operating margin -€208
down €208 (-2.5%), from €8,476 to €8,268
From the 2019 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,012 | €92,690 | -€17,322 | -15.7% |
| Fixed assets | 21/28 | €828 | €356 | -€472 | -57.0% |
| Tangible fixed assets | 22/27 | €778 | €306 | -€472 | -60.6% |
| Furniture and vehicles | 24 | - | €306 | +€306 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €109,184 | €92,334 | -€16,850 | -15.4% |
| Amounts receivable within one year | 40/41 | €88,214 | €73,236 | -€14,978 | -17.0% |
| Trade receivables | 40 | - | €60,126 | +€60,126 | |
| Other amounts receivable | 41 | - | €13,109 | +€13,109 | |
| Cash at bank and in hand | 54/58 | €20,970 | €19,098 | -€1,872 | -8.9% |
| Total equity and liabilities | 10/49 | €110,012 | €92,690 | -€17,322 | -15.7% |
| Equity | 10/15 | €68,654 | €87,367 | +€18,713 | +27.3% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €53,161 | €71,873 | +€18,713 | +35.2% |
| Amounts payable | 17/49 | €41,358 | €5,323 | -€36,035 | -87.1% |
| Amounts payable within one year | 42/48 | €41,358 | €5,323 | -€36,035 | -87.1% |
| Trade debts | 44 | €38,237 | €4,250 | -€33,987 | -88.9% |
| Suppliers | 440/4 | - | €4,250 | +€4,250 | |
| Taxes, remuneration and social security | 45 | - | €1,073 | +€1,073 | |
| Taxes | 450/3 | - | €73 | +€73 | |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,557 | €672 | -€886 | -56.9% |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | €8,476 | €8,268 | -€208 | -2.5% |
| Operating profit (loss) | 9901 | €6,571 | €7,249 | +€678 | +10.3% |
| Financial income | 75/76B | - | €239 | +€239 | |
| Recurring financial income | 75 | €334 | €239 | -€95 | -28.5% |
| Financial charges | 65/66B | - | €46 | +€46 | |
| Recurring financial charges | 65 | €361 | €46 | -€315 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €6,545 | €7,442 | +€897 | +13.7% |
| Income taxes | 67/77 | €335 | €3,678 | +€3,343 | +998% |
| Profit (loss) for the period | 9904 | €6,210 | €3,764 | -€2,446 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,210 | €3,764 | -€2,446 | -39.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.