PATRICK BOURGUILLIOEN: 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.
PATRICK BOURGUILLIOEN
Largest movements
- Cash -€7,212
down €7,212 (-80.1%), from €9,005 to €1,793
mainly Net result for the year (-€4,868) and Debts within one year (-€4,782)
- Tangible fixed assets -€5,091
down €5,091 (-25.7%), from €19,837 to €14,746
- Receivables within one year -€1,643
down €1,643 (-12.3%), from €13,313 to €11,670
- Profit (loss) carried forward -€4,868
down €4,868 (-22.9%), from -€21,296 to -€26,164
- Debts within one year -€4,782
down €4,782 (-13.8%), from €34,581 to €29,799
- Debts after one year -€4,296
down €4,296 (-35.5%), from €12,115 to €7,820
- Gross operating margin -€10,598
down €10,598 (-81.2%), from €13,045 to €2,447
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
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 | €42,155 | €28,209 | -€13,946 | -33.1% |
| Fixed assets | 21/28 | €19,837 | €14,746 | -€5,091 | -25.7% |
| Tangible fixed assets | 22/27 | €19,837 | €14,746 | -€5,091 | -25.7% |
| Current assets | 29/58 | €22,318 | €13,463 | -€8,855 | -39.7% |
| Amounts receivable within one year | 40/41 | €13,313 | €11,670 | -€1,643 | -12.3% |
| Cash at bank and in hand | 54/58 | €9,005 | €1,793 | -€7,212 | -80.1% |
| Total equity and liabilities | 10/49 | €42,155 | €28,209 | -€13,946 | -33.1% |
| Equity | 10/15 | -€4,541 | -€9,409 | -€4,868 | -107% |
| Contributions | 10/11 | €16,050 | €16,050 | = | 0.0% |
| Reserves | 13 | €705 | €705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,296 | -€26,164 | -€4,868 | -22.9% |
| Amounts payable | 17/49 | €46,696 | €37,619 | -€9,078 | -19.4% |
| Amounts payable after more than one year | 17 | €12,115 | €7,820 | -€4,296 | -35.5% |
| Amounts payable within one year | 42/48 | €34,581 | €29,799 | -€4,782 | -13.8% |
| Trade debts | 44 | €8,431 | €10,273 | +€1,842 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,091 | €5,091 | = | 0.0% |
| Gross operating margin | 9900 | €13,045 | €2,447 | -€10,598 | -81.2% |
| Operating profit (loss) | 9901 | €6,061 | -€4,195 | -€10,256 | |
| Recurring financial charges | 65 | €351 | €673 | +€322 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €6,445 | -€4,868 | -€11,313 | |
| Profit (loss) for the period | 9904 | €6,445 | -€4,868 | -€11,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,445 | -€4,868 | -€11,313 |
Source: filed annual accounts (NBB), financial years ended 31 May 2019 and 31 May 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.