PRO WINNING: 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.
PRO WINNING
Largest movements
- Receivables within one year -€12,235
down €12,235 (-12.6%), from €96,915 to €84,680
of which Trade receivables: -€12,243
- Cash -€5,340
down €5,340 (-39.5%), from €13,530 to €8,190
mainly Trade debts (-€16,937) and Net result for the year (-€638)
- Trade debts -€16,937
down €16,937 (-90.7%), from €18,670 to €1,733
- Gross operating margin +€668
up €668 (+94.8%), from -€705 to -€37
- Taxes +€127
up €127, from €0 to €127
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 | €110,445 | €92,870 | -€17,575 | -15.9% |
| Current assets | 29/58 | €110,445 | €92,870 | -€17,575 | -15.9% |
| Amounts receivable within one year | 40/41 | €96,915 | €84,680 | -€12,235 | -12.6% |
| Trade receivables | 40 | €81,901 | €69,658 | -€12,243 | -14.9% |
| Other amounts receivable | 41 | €15,014 | €15,022 | +€8 | +0.1% |
| Cash at bank and in hand | 54/58 | €13,530 | €8,190 | -€5,340 | -39.5% |
| Total equity and liabilities | 10/49 | €110,445 | €92,870 | -€17,575 | -15.9% |
| Equity | 10/15 | €91,268 | €90,630 | -€638 | -0.7% |
| Contributions | 10/11 | €18,220 | €18,220 | = | 0.0% |
| Capital | 10 | €18,220 | €18,220 | = | 0.0% |
| Issued capital | 100 | €24,541 | €24,541 | = | 0.0% |
| Uncalled capital | 101 | €6,321 | €6,321 | = | 0.0% |
| Reserves | 13 | €2,801 | €2,801 | = | 0.0% |
| Distributable reserves | 133 | €2,801 | €2,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,247 | €69,609 | -€638 | -0.9% |
| Amounts payable | 17/49 | €19,177 | €2,240 | -€16,937 | -88.3% |
| Amounts payable within one year | 42/48 | €19,177 | €2,240 | -€16,937 | -88.3% |
| Financial debts | 43 | €11 | €11 | = | 0.0% |
| Credit institutions | 430/8 | €11 | €11 | = | 0.0% |
| Trade debts | 44 | €18,670 | €1,733 | -€16,937 | -90.7% |
| Suppliers | 440/4 | €18,670 | €1,733 | -€16,937 | -90.7% |
| Other amounts payable | 47/48 | €496 | €496 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €348 | €348 | = | 0.0% |
| Other operating charges | 640/8 | €100 | €101 | +€1 | +1.0% |
| Gross operating margin | 9900 | -€705 | -€37 | +€668 | +94.8% |
| Operating profit (loss) | 9901 | -€1,153 | -€486 | +€667 | +57.8% |
| Financial charges | 65/66B | €21 | €25 | +€4 | +19.0% |
| Recurring financial charges | 65 | €21 | €25 | +€4 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,174 | -€511 | +€663 | +56.5% |
| Income taxes | 67/77 | €0 | €127 | +€127 | |
| Profit (loss) for the period | 9904 | -€1,174 | -€638 | +€536 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,174 | -€638 | +€536 | +45.7% |
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 10 October 2026 via checked.be.