PARC BELLEVUE: 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.
PARC BELLEVUE
Largest movements
- Current assets -€3.4m
down €3.4m (-66.9%), from €5.1m to €1.7m
of which Cash: -€1.9m
- Tangible fixed assets +€3.1m
up €3.1m (+35.3%), from €8.8m to €11.9m
- Debts -€1.5m
down €1.5m (-10.9%), from €13.5m to €12.0m
of which Debts after one year: -€10.3m
- Equity +€1.2m
up €1.2m (+365%), from €326,513 to €1.5m
- Gross operating margin -€609,752
down €609,752 (-315%), from -€193,637 to -€803,389
- Depreciation +€350,540
up €350,540 (+78.9%), from €444,281 to €794,822
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,832,407 | €13,552,294 | -€280,113 | -2.0% |
| Fixed assets | 21/28 | €8,780,013 | €11,879,230 | +€3.1m | +35.3% |
| Tangible fixed assets | 22/27 | €8,780,013 | €11,879,230 | +€3.1m | +35.3% |
| Current assets | 29/58 | €5,052,394 | €1,673,064 | -€3.4m | -66.9% |
| Stocks and contracts in progress | 3 | €17,701 | €11,147 | -€6,553 | -37.0% |
| Amounts receivable within one year | 40/41 | €1,501,443 | €51,878 | -€1.4m | -96.5% |
| Cash at bank and in hand | 54/58 | €3,504,090 | €1,570,564 | -€1.9m | -55.2% |
| Total equity and liabilities | 10/49 | €13,832,407 | €13,552,294 | -€280,113 | -2.0% |
| Equity | 10/15 | €326,513 | €1,517,130 | +€1.2m | +365% |
| Contributions | 10/11 | €5,707,000 | - | -€5.7m | |
| Profit (loss) carried forward | 14 | -€5,380,487 | -€7,614,508 | -€2.2m | -41.5% |
| Amounts payable | 17/49 | €13,505,893 | €12,035,164 | -€1.5m | -10.9% |
| Amounts payable after more than one year | 17 | €10,256,450 | - | -€10.3m | |
| Amounts payable within one year | 42/48 | €3,175,880 | €11,826,132 | +€8.7m | +272% |
| Trade debts | 44 | €2,988,435 | €576,706 | -€2.4m | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444,281 | €794,822 | +€350,540 | +78.9% |
| Gross operating margin | 9900 | -€193,637 | -€803,389 | -€609,752 | -315% |
| Operating profit (loss) | 9901 | -€2,832,133 | -€2,660,108 | +€172,025 | +6.1% |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Recurring financial charges | 65 | €1,387,190 | €474,661 | -€912,530 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,219,323 | -€3,134,769 | +€1.1m | +25.7% |
| Profit (loss) for the period | 9904 | -€4,219,323 | -€3,134,769 | +€1.1m | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,219,323 | -€3,134,769 | +€1.1m | +25.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.