Raizup: 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.
Raizup
Largest movements
- Receivables within one year -€93,539
down €93,539 (-89.3%), from €104,769 to €11,230
- Cash +€6,183
up €6,183 (+506%), from €1,221 to €7,404
mainly Receivables within one year (+€93,539) and Depreciation (+€3,888)
- Tangible fixed assets -€3,888
down €3,888 (-2.5%), from €157,464 to €153,576
- Debts within one year -€74,055
down €74,055 (-52.0%), from €142,332 to €68,277
- Equity -€17,189
down €17,189 (-14.2%), from €121,122 to €103,933
of which Profit (loss) carried forward: -€17,189
- Gross operating margin -€157,100
down €157,100, from €143,948 to -€13,152
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 | €263,453 | €172,210 | -€91,243 | -34.6% |
| Fixed assets | 21/28 | €157,464 | €153,576 | -€3,888 | -2.5% |
| Tangible fixed assets | 22/27 | €157,464 | €153,576 | -€3,888 | -2.5% |
| Current assets | 29/58 | €105,989 | €18,634 | -€87,355 | -82.4% |
| Amounts receivable within one year | 40/41 | €104,769 | €11,230 | -€93,539 | -89.3% |
| Cash at bank and in hand | 54/58 | €1,221 | €7,404 | +€6,183 | +506% |
| Total equity and liabilities | 10/49 | €263,453 | €172,210 | -€91,243 | -34.6% |
| Equity | 10/15 | €121,122 | €103,933 | -€17,189 | -14.2% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,820 | €1,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,102 | €95,913 | -€17,189 | -15.2% |
| Amounts payable | 17/49 | €142,332 | €68,277 | -€74,055 | -52.0% |
| Amounts payable within one year | 42/48 | €142,332 | €68,277 | -€74,055 | -52.0% |
| Trade debts | 44 | €60,157 | €16,539 | -€43,619 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,536 | €3,888 | -€648 | -14.3% |
| Gross operating margin | 9900 | €143,948 | -€13,152 | -€157,100 | |
| Operating profit (loss) | 9901 | €114,932 | -€17,040 | -€131,972 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Recurring financial charges | 65 | €10 | €149 | +€139 | +1,369% |
| Profit (loss) for the period before taxes | 9903 | €114,922 | -€17,189 | -€132,110 | |
| Profit (loss) for the period | 9904 | €114,922 | -€17,189 | -€132,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,922 | -€17,189 | -€132,110 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.