Restoreno: 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.
Restoreno
Largest movements
- Current assets -€29,406
down €29,406 (-89.1%), from €32,985 to €3,579
of which Stocks and contracts: -€24,844
- Tangible fixed assets -€856
down €856 (-42.9%), from €1,996 to €1,141
- Equity -€42,657
down €42,657, from €13,287 to -€29,371
of which Profit (loss) carried forward: -€42,657
- Debts within one year +€12,173
up €12,173 (+56.1%), from €21,695 to €33,868
of which Other debts: +€32,861
- Gross operating margin -€40,592
down €40,592, from €6,681 to -€33,911
- Other operating charges +€4,100
new in 2021: €4,100
- Taxes +€3,509
up €3,509 (+1949.1%), from €180 to €3,689
- Depreciation -€1,056
down €1,056 (-55.2%), from €1,912 to €856
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.
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,981 | €4,720 | -€30,261 | -86.5% |
| Fixed assets | 21/28 | €1,996 | €1,141 | -€856 | -42.9% |
| Tangible fixed assets | 22/27 | €1,996 | €1,141 | -€856 | -42.9% |
| Furniture and vehicles | 24 | - | €1,141 | +€1,141 | |
| Current assets | 29/58 | €32,985 | €3,579 | -€29,406 | -89.1% |
| Stocks and contracts in progress | 3 | €24,844 | - | -€24,844 | |
| Amounts receivable within one year | 40/41 | €4,797 | €3,387 | -€1,409 | -29.4% |
| Trade receivables | 40 | - | €2,153 | +€2,153 | |
| Other amounts receivable | 41 | - | €1,234 | +€1,234 | |
| Cash at bank and in hand | 54/58 | €2,678 | €129 | -€2,549 | -95.2% |
| Deferred charges and accrued income | 490/1 | - | €63 | +€63 | |
| Total equity and liabilities | 10/49 | €34,981 | €4,720 | -€30,261 | -86.5% |
| Equity | 10/15 | €13,287 | -€29,371 | -€42,657 | |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€7,173 | -€49,831 | -€42,657 | -594.7% |
| Amounts payable | 17/49 | €21,695 | €34,091 | +€12,396 | +57.1% |
| Amounts payable within one year | 42/48 | €21,695 | €33,868 | +€12,173 | +56.1% |
| Trade debts | 44 | €3,054 | €473 | -€2,581 | -84.5% |
| Suppliers | 440/4 | - | €473 | +€473 | |
| Taxes, remuneration and social security | 45 | - | €534 | +€534 | |
| Taxes | 450/3 | - | €534 | +€534 | |
| Other amounts payable | 47/48 | - | €32,861 | +€32,861 | |
| Accrued charges and deferred income | 492/3 | - | €223 | +€223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,912 | €856 | -€1,056 | -55.2% |
| Other operating charges | 640/8 | - | €4,100 | +€4,100 | |
| Gross operating margin | 9900 | €6,681 | -€33,911 | -€40,592 | |
| Operating profit (loss) | 9901 | €3,596 | -€38,866 | -€42,463 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | - | €112 | +€112 | |
| Recurring financial charges | 65 | €458 | €112 | -€346 | -75.5% |
| Profit (loss) for the period before taxes | 9903 | €3,139 | -€38,969 | -€42,107 | |
| Income taxes | 67/77 | €180 | €3,689 | +€3,509 | +1949.1% |
| Profit (loss) for the period | 9904 | €2,959 | -€42,657 | -€45,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,959 | -€42,657 | -€45,616 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.