REKODE: 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.
REKODE
Largest movements
- Receivables within one year -€86,523
down €86,523 (-100.0%), from €86,562 to €39
- Cash +€65,600
up €65,600 (+160%), from €40,904 to €106,504
- Debts within one year -€20,536
down €20,536 (-99.5%), from €20,630 to €93
- Turnover -€230,837
no longer reported in 2021 (was €230,837)
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,491 | €106,568 | -€20,923 | -16.4% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €127,466 | €106,543 | -€20,923 | -16.4% |
| Amounts receivable within one year | 40/41 | €86,562 | €39 | -€86,523 | -100.0% |
| Cash at bank and in hand | 54/58 | €40,904 | €106,504 | +€65,600 | +160% |
| Total equity and liabilities | 10/49 | €127,491 | €106,568 | -€20,923 | -16.4% |
| Equity | 10/15 | €106,861 | €106,475 | -€386 | -0.4% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €10,791 | €10,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,930 | -€3,316 | -€386 | -13.2% |
| Amounts payable | 17/49 | €20,630 | €93 | -€20,536 | -99.5% |
| Amounts payable within one year | 42/48 | €20,630 | €93 | -€20,536 | -99.5% |
| Trade debts | 44 | €19,880 | €93 | -€19,786 | -99.5% |
| Turnover | 70 | €230,837 | - | -€230,837 | |
| Gross operating margin | 9900 | - | -€185 | -€185 | |
| Operating profit (loss) | 9901 | -€3,109 | -€185 | +€2,924 | +94.0% |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Recurring financial charges | 65 | €340 | €201 | -€139 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,442 | -€386 | +€3,056 | +88.8% |
| Income taxes | 67/77 | €81 | - | -€81 | |
| Profit (loss) for the period | 9904 | -€3,523 | -€386 | +€3,137 | +89.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,523 | -€386 | +€3,137 | +89.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 25 March 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.