PASSAGE 4: 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.
PASSAGE 4
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€490
down €490 (-1.7%), from -€28,469 to -€28,960
- Debts within one year +€490
up €490 (+5.7%), from €8,671 to €9,162
- Gross operating margin -€5,397
down €5,397 (-100.0%), from €5,397 to €0
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.
Cash bridge derived
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202 | €202 | = | 0.0% |
| Fixed assets | 21/28 | €199 | €199 | = | 0.0% |
| Financial fixed assets | 28 | €199 | €199 | = | 0.0% |
| Current assets | 29/58 | €3 | €3 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3 | €3 | = | 0.0% |
| Total equity and liabilities | 10/49 | €202 | €202 | = | 0.0% |
| Equity | 10/15 | -€8,469 | -€8,960 | -€490 | -5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,469 | -€28,960 | -€490 | -1.7% |
| Amounts payable | 17/49 | €8,671 | €9,162 | +€490 | +5.7% |
| Amounts payable within one year | 42/48 | €8,671 | €9,162 | +€490 | +5.7% |
| Gross operating margin | 9900 | €5,397 | €0 | -€5,397 | -100.0% |
| Operating profit (loss) | 9901 | €5,397 | - | -€5,397 | |
| Recurring financial charges | 65 | €482 | €490 | +€9 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €4,915 | -€490 | -€5,406 | |
| Profit (loss) for the period | 9904 | €4,915 | -€490 | -€5,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,915 | -€490 | -€5,406 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.