RG: 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.
RG
Largest movements
- Receivables within one year +€26,253
up €26,253 (+9.4%), from €278,729 to €304,982
- Cash +€9,944
up €9,944 (+92.5%), from €10,752 to €20,696
mainly Debts within one year (+€45,290) and Depreciation (+€857)
- Debts within one year +€45,290
up €45,290 (+35.1%), from €128,872 to €174,162
- Profit (loss) carried forward -€8,855
down €8,855 (-6.9%), from €128,277 to €119,422
- Gross operating margin -€42,664
down €42,664 (-48.0%), from €88,853 to €46,189
- Taxes +€14,026
up €14,026 (+47.6%), from €29,482 to €43,508
From the 2018 result to the 2019 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
Derived from the 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,449 | €327,884 | +€36,435 | +12.5% |
| Fixed assets | 21/28 | €1,968 | €2,206 | +€238 | +12.1% |
| Tangible fixed assets | 22/27 | €1,968 | €2,206 | +€238 | +12.1% |
| Current assets | 29/58 | €289,481 | €325,678 | +€36,197 | +12.5% |
| Amounts receivable within one year | 40/41 | €278,729 | €304,982 | +€26,253 | +9.4% |
| Cash at bank and in hand | 54/58 | €10,752 | €20,696 | +€9,944 | +92.5% |
| Total equity and liabilities | 10/49 | €291,449 | €327,884 | +€36,435 | +12.5% |
| Equity | 10/15 | €162,577 | €153,722 | -€8,855 | -5.4% |
| Contributions | 10/11 | €16,900 | €16,900 | = | 0.0% |
| Reserves | 13 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,277 | €119,422 | -€8,855 | -6.9% |
| Amounts payable | 17/49 | €128,872 | €174,162 | +€45,290 | +35.1% |
| Amounts payable within one year | 42/48 | €128,872 | €174,162 | +€45,290 | +35.1% |
| Trade debts | 44 | €53,399 | €103,259 | +€49,860 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €857 | +€365 | +74.2% |
| Gross operating margin | 9900 | €88,853 | €46,189 | -€42,664 | -48.0% |
| Operating profit (loss) | 9901 | €80,243 | €34,618 | -€45,625 | -56.9% |
| Recurring financial income | 75 | €42 | €113 | +€71 | +169.0% |
| Recurring financial charges | 65 | €290 | €78 | -€212 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | €79,995 | €34,653 | -€45,342 | -56.7% |
| Income taxes | 67/77 | €29,482 | €43,508 | +€14,026 | +47.6% |
| Profit (loss) for the period | 9904 | €50,513 | -€8,855 | -€59,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,513 | -€8,855 | -€59,368 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.