Protagonista: 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.
Protagonista
Largest movements
- Current assets +€34,891
up €34,891 (+66.8%), from €52,198 to €87,088
of which Cash: +€25,758
- Profit (loss) carried forward +€39,383
up €39,383 (+130.7%), from €30,131 to €69,514
- Debts within one year -€4,492
down €4,492 (-21.3%), from €21,067 to €16,575
- Gross operating margin +€8,798
up €8,798 (+18.1%), from €48,497 to €57,295
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
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 | €52,198 | €87,088 | +€34,891 | +66.8% |
| Current assets | 29/58 | €52,198 | €87,088 | +€34,891 | +66.8% |
| Amounts receivable within one year | 40/41 | €43,426 | €30,564 | -€12,862 | -29.6% |
| Current investments | 50/53 | - | €21,993 | +€21,993 | |
| Cash at bank and in hand | 54/58 | €8,678 | €34,436 | +€25,758 | +296.8% |
| Total equity and liabilities | 10/49 | €52,198 | €87,088 | +€34,891 | +66.8% |
| Equity | 10/15 | €31,131 | €70,514 | +€39,383 | +126.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,131 | €69,514 | +€39,383 | +130.7% |
| Amounts payable | 17/49 | €21,067 | €16,575 | -€4,492 | -21.3% |
| Amounts payable within one year | 42/48 | €21,067 | €16,575 | -€4,492 | -21.3% |
| Trade debts | 44 | €4,706 | €1,730 | -€2,976 | -63.2% |
| Gross operating margin | 9900 | €48,497 | €57,295 | +€8,798 | +18.1% |
| Operating profit (loss) | 9901 | €44,784 | €54,053 | +€9,269 | +20.7% |
| Recurring financial income | 75 | €603 | €985 | +€382 | +63.4% |
| Recurring financial charges | 65 | €495 | €811 | +€315 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €44,892 | €54,227 | +€9,336 | +20.8% |
| Income taxes | 67/77 | €14,761 | €14,845 | +€84 | +0.6% |
| Profit (loss) for the period | 9904 | €30,131 | €39,383 | +€9,252 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,131 | €39,383 | +€9,252 | +30.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2019 and 30 September 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.