ONE EIGHT EIGHT: 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.
ONE EIGHT EIGHT
Largest movements
- Cash +€10,782
up €10,782 (+155%), from €6,942 to €17,724
mainly Net result for the year (+€10,527) and Receivables within one year (+€4,767)
- Receivables within one year -€4,767
down €4,767 (-42.9%), from €11,103 to €6,336
- Equity +€10,527
up €10,527 (+43.9%), from -€23,999 to -€13,472
of which Contributions: +€18,600
- Debts within one year -€4,512
down €4,512 (-10.7%), from €42,243 to €37,731
of which Trade debts: -€9,095
- Gross operating margin +€4,354
up €4,354 (+54.4%), from €7,999 to €12,353
- Purchases and services +€4,247
new in 2021: €4,247
- Turnover -€2,985
down €2,985 (-15.2%), from €19,585 to €16,600
- Financial charges +€1,715
new in 2021: €1,715
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 | €18,244 | €24,259 | +€6,015 | +33.0% |
| Fixed assets | 21/28 | €57 | €57 | = | 0.0% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €18,187 | €24,202 | +€6,015 | +33.1% |
| Stocks and contracts in progress | 3 | €142 | €142 | = | 0.0% |
| Stocks | 30/36 | - | €142 | +€142 | |
| Amounts receivable within one year | 40/41 | €11,103 | €6,336 | -€4,767 | -42.9% |
| Trade receivables | 40 | - | €6,336 | +€6,336 | |
| Cash at bank and in hand | 54/58 | €6,942 | €17,724 | +€10,782 | +155% |
| Total equity and liabilities | 10/49 | €18,244 | €24,259 | +€6,015 | +33.0% |
| Equity | 10/15 | -€23,999 | -€13,472 | +€10,527 | +43.9% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€42,599 | -€32,072 | +€10,527 | +24.7% |
| Amounts payable | 17/49 | €42,243 | €37,731 | -€4,512 | -10.7% |
| Amounts payable within one year | 42/48 | €42,243 | €37,731 | -€4,512 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | - | €218 | +€218 | |
| Trade debts | 44 | €38,366 | €29,271 | -€9,095 | -23.7% |
| Suppliers | 440/4 | - | €29,271 | +€29,271 | |
| Advances received on contracts in progress | 46 | - | €1,400 | +€1,400 | |
| Taxes, remuneration and social security | 45 | - | €154 | +€154 | |
| Taxes | 450/3 | - | €154 | +€154 | |
| Other amounts payable | 47/48 | - | €6,688 | +€6,688 | |
| Turnover | 70 | €19,585 | €16,600 | -€2,985 | -15.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,247 | +€4,247 | |
| Other operating charges | 640/8 | - | €111 | +€111 | |
| Gross operating margin | 9900 | €7,999 | €12,353 | +€4,354 | +54.4% |
| Operating profit (loss) | 9901 | €6,869 | €12,242 | +€5,373 | +78.2% |
| Financial charges | 65/66B | - | €1,715 | +€1,715 | |
| Recurring financial charges | 65 | €1,138 | €1,715 | +€577 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €5,731 | €10,527 | +€4,796 | +83.7% |
| Profit (loss) for the period | 9904 | €5,731 | €10,527 | +€4,796 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,731 | €10,527 | +€4,796 | +83.7% |
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 20 October 2026 via checked.be.