OnLineArt: 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.
OnLineArt
Largest movements
- Cash -€21,439
down €21,439 (-45.2%), from €47,453 to €26,014
mainly Net result for the year (-€20,729) and Debts within one year (-€3,920)
- Receivables within one year -€3,210
down €3,210 (-97.1%), from €3,307 to €97
- Profit (loss) carried forward -€20,729
down €20,729, from €1,501 to -€19,228
- Debts within one year -€3,920
down €3,920 (-46.3%), from €8,459 to €4,540
of which Trade debts: -€3,920
- Gross operating margin -€21,728
down €21,728, from €1,069 to -€20,659
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 | €50,760 | €26,111 | -€24,649 | -48.6% |
| Current assets | 29/58 | €50,760 | €26,111 | -€24,649 | -48.6% |
| Amounts receivable within one year | 40/41 | €3,307 | €97 | -€3,210 | -97.1% |
| Trade receivables | 40 | - | €97 | +€97 | |
| Cash at bank and in hand | 54/58 | €47,453 | €26,014 | -€21,439 | -45.2% |
| Total equity and liabilities | 10/49 | €50,760 | €26,111 | -€24,649 | -48.6% |
| Equity | 10/15 | €42,301 | €21,572 | -€20,729 | -49.0% |
| Contributions | 10/11 | €32,500 | €32,500 | = | 0.0% |
| Capital | 10 | - | €32,500 | +€32,500 | |
| Issued capital | 100 | - | €32,500 | +€32,500 | |
| Reserves | 13 | €8,300 | €8,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €3,000 | +€3,000 | |
| Legal reserve | 130 | - | €3,000 | +€3,000 | |
| Distributable reserves | 133 | - | €5,300 | +€5,300 | |
| Profit (loss) carried forward | 14 | €1,501 | -€19,228 | -€20,729 | |
| Amounts payable | 17/49 | €8,459 | €4,540 | -€3,920 | -46.3% |
| Amounts payable within one year | 42/48 | €8,459 | €4,540 | -€3,920 | -46.3% |
| Trade debts | 44 | €6,976 | €3,056 | -€3,920 | -56.2% |
| Suppliers | 440/4 | - | €3,056 | +€3,056 | |
| Other amounts payable | 47/48 | - | €1,483 | +€1,483 | |
| Gross operating margin | 9900 | €1,069 | -€20,659 | -€21,728 | |
| Operating profit (loss) | 9901 | €1,019 | -€20,659 | -€21,678 | |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | €70 | €70 | +€0 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €949 | -€20,729 | -€21,678 | |
| Profit (loss) for the period | 9904 | €949 | -€20,729 | -€21,678 | |
| Profit (loss) for the period to be appropriated | 9905 | €949 | -€20,729 | -€21,678 |
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 5 October 2026 via checked.be.