PAPETERIE HOUBA: 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.
PAPETERIE HOUBA
Largest movements
- Receivables within one year +€113
up €113 (+67.7%), from €167 to €280
- Cash -€95
down €95 (-64.6%), from €147 to €52
mainly Other debts (-€3,882) and Net result for the year (-€1,351)
- Current portion of long-term debt +€5,251
new in 2021: €5,251
- Other debts -€3,882
no longer reported in 2021 (was €3,882)
- Profit (loss) carried forward -€1,351
down €1,351 (-2.7%), from -€49,919 to -€51,270
- Depreciation -€3,162
no longer reported in 2021 (was €3,162)
- Purchases and services -€2,746
no longer reported in 2021 (was €2,746)
- Turnover -€2,273
no longer reported in 2021 (was €2,273)
- Gross operating margin -€701
down €701 (-148%), from -€473 to -€1,174
- Financial income -€553
no longer reported in 2021 (was €553)
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 | €4,275 | €4,293 | +€18 | +0.4% |
| Current assets | 29/58 | €4,275 | €4,293 | +€18 | +0.4% |
| Stocks and contracts in progress | 3 | €3,961 | €3,961 | = | 0.0% |
| Stocks | 30/36 | €3,961 | €3,961 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €167 | €280 | +€113 | +67.7% |
| Other amounts receivable | 41 | €167 | €280 | +€113 | +67.7% |
| Cash at bank and in hand | 54/58 | €147 | €52 | -€95 | -64.6% |
| Total equity and liabilities | 10/49 | €4,275 | €4,293 | +€18 | +0.4% |
| Equity | 10/15 | €393 | -€958 | -€1,351 | |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €6,931 | €6,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,249 | €1,249 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,249 | €1,249 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,682 | €5,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,919 | -€51,270 | -€1,351 | -2.7% |
| Amounts payable | 17/49 | €3,882 | €5,251 | +€1,369 | +35.3% |
| Amounts payable within one year | 42/48 | €3,882 | €5,251 | +€1,369 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | - | €5,251 | +€5,251 | |
| Other amounts payable | 47/48 | €3,882 | - | -€3,882 | |
| Turnover | 70 | €2,273 | - | -€2,273 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,746 | - | -€2,746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,162 | - | -€3,162 | |
| Other operating charges | 640/8 | €32 | - | -€32 | |
| Gross operating margin | 9900 | -€473 | -€1,174 | -€701 | -148% |
| Operating profit (loss) | 9901 | -€3,667 | -€1,174 | +€2,493 | +68.0% |
| Financial income | 75/76B | €553 | - | -€553 | |
| Recurring financial income | 75 | €553 | - | -€553 | |
| Financial charges | 65/66B | €506 | €177 | -€329 | -65.0% |
| Recurring financial charges | 65 | €506 | €177 | -€329 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,620 | -€1,351 | +€2,269 | +62.7% |
| Profit (loss) for the period | 9904 | -€3,620 | -€1,351 | +€2,269 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,620 | -€1,351 | +€2,269 | +62.7% |
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 19 October 2026 via checked.be.