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Puurs Green Logistics: what changed

What changed

Puurs Green Logistics

BE 0882.088.997
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€106,312
2019 · -€55,000-€51,312
Equity
€215,553
2019 · €321,865-€106,312
Cash
€47,738
2019 · €3,377+€44,361
Balance sheet total
€1.1m
2019 · €1.1m+€22,032

Largest movements

2019 to 2020
Assets
  • Cash +€44,361

    up €44,361 (+1,314%), from €3,377 to €47,738

    mainly Debts (+€128,344) and Depreciation (+€42,945)

  • Tangible fixed assets -€42,945

    down €42,945 (-4.2%), from €1.0m to €980,496

  • Receivables within one year +€20,616

    up €20,616 (+29.4%), from €70,116 to €90,732

Equity and liabilities
  • Debts +€128,344

    up €128,344 (+16.6%), from €775,069 to €903,413

  • Profit (loss) carried forward -€106,312

    down €106,312 (-197%), from -€53,917 to -€160,229

Income statement
  • Gross operating margin -€48,978

    down €48,978 (-1,218%), from -€4,020 to -€52,998

Change in the result, 2019 to 2020

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2019 -€55,000
Gross operating margin -€48,978
Other operating items -€64
Financial charges -€2,270
Result 2020 -€106,312
lowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2019 to 2020

The bridge is derived from the 2019 and 2020 balance sheets and the 2020 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€44,361
Investment €0
Financing €0
Cash 2019 €3,377
Net result for the year -€106,312
Depreciation +€42,945
Receivables within one year -€20,616
Debts +€128,344
Cash 2020 €47,738
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2019 2020 Change %
Total assets 20/58 €1,096,934 €1,118,966 +€22,032 +2.0%
Fixed assets 21/28 €1,023,441 €980,496 -€42,945 -4.2%
Tangible fixed assets 22/27 €1,023,441 €980,496 -€42,945 -4.2%
Current assets 29/58 €73,493 €138,470 +€64,977 +88.4%
Amounts receivable within one year 40/41 €70,116 €90,732 +€20,616 +29.4%
Cash at bank and in hand 54/58 €3,377 €47,738 +€44,361 +1,314%
Total equity and liabilities 10/49 €1,096,934 €1,118,966 +€22,032 +2.0%
Equity 10/15 €321,865 €215,553 -€106,312 -33.0%
Contributions 10/11 €341,620 €341,620 = 0.0%
Reserves 13 €34,162 €34,162 = 0.0%
Profit (loss) carried forward 14 -€53,917 -€160,229 -€106,312 -197%
Amounts payable 17/49 €775,069 €903,413 +€128,344 +16.6%
Amounts payable within one year 42/48 €704,998 €832,599 +€127,601 +18.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €42,945 €42,945 = 0.0%
Gross operating margin 9900 -€4,020 -€52,998 -€48,978 -1,218%
Operating profit (loss) 9901 -€49,628 -€98,670 -€49,042 -98.8%
Recurring financial charges 65 €5,372 €7,642 +€2,270 +42.3%
Profit (loss) for the period before taxes 9903 -€55,000 -€106,312 -€51,312 -93.3%
Profit (loss) for the period 9904 -€55,000 -€106,312 -€51,312 -93.3%
Profit (loss) for the period to be appropriated 9905 -€55,000 -€106,312 -€51,312 -93.3%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.