PROMERITUM: 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.
PROMERITUM
Largest movements
- Cash -€31,296
down €31,296 (-89.2%), from €35,068 to €3,772
mainly Receivables after one year (-€30,000) and Net result for the year (-€1,155)
- Receivables after one year +€30,000
new in 2021: €30,000
- Equity -€1,155
down €1,155 (-3.2%), from €36,166 to €35,011
of which Profit (loss) carried forward: -€1,155
- Other operating charges +€348
new in 2021: €348
- Gross operating margin -€76
down €76 (-10.9%), from -€693 to -€768
- Financial charges +€40
new in 2021: €40
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 | €36,166 | €35,017 | -€1,149 | -3.2% |
| Current assets | 29/58 | €36,166 | €35,017 | -€1,149 | -3.2% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €1,098 | €1,245 | +€147 | +13.4% |
| Other amounts receivable | 41 | - | €1,245 | +€1,245 | |
| Cash at bank and in hand | 54/58 | €35,068 | €3,772 | -€31,296 | -89.2% |
| Total equity and liabilities | 10/49 | €36,166 | €35,017 | -€1,149 | -3.2% |
| Equity | 10/15 | €36,166 | €35,011 | -€1,155 | -3.2% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€4,294 | -€5,449 | -€1,155 | -26.9% |
| Amounts payable | 17/49 | - | €6 | +€6 | |
| Amounts payable within one year | 42/48 | - | €6 | +€6 | |
| Trade debts | 44 | - | €6 | +€6 | |
| Suppliers | 440/4 | - | €6 | +€6 | |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | -€693 | -€768 | -€76 | -10.9% |
| Operating profit (loss) | 9901 | -€1,040 | -€1,116 | -€76 | -7.3% |
| Financial charges | 65/66B | - | €40 | +€40 | |
| Recurring financial charges | 65 | €33 | €40 | +€7 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,073 | -€1,155 | -€82 | -7.7% |
| Profit (loss) for the period | 9904 | -€1,073 | -€1,155 | -€82 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,073 | -€1,155 | -€82 | -7.7% |
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 18 October 2026 via checked.be.