SALDO: 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.
SALDO
Largest movements
- Tangible fixed assets +€669,102
up €669,102 (+241.2%), from €277,449 to €946,550
- Current assets +€12,340
up €12,340 (+10.8%), from €114,711 to €127,051
of which Receivables within one year: +€11,365
- Debts within one year +€565,762
up €565,762 (+1476.4%), from €38,321 to €604,083
- Debts after one year +€229,152
up €229,152 (+350.4%), from €65,404 to €294,556
- Profit (loss) carried forward -€113,472
down €113,472, from €56,784 to -€56,688
- Gross operating margin -€152,191
down €152,191, from €140,776 to -€11,414
- Depreciation +€35,225
up €35,225 (+231.3%), from €15,231 to €50,455
From the 2009 result to the 2010 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 | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €392,159 | €1,073,601 | +€681,442 | +173.8% |
| Fixed assets | 21/28 | €277,449 | €946,550 | +€669,102 | +241.2% |
| Tangible fixed assets | 22/27 | €277,449 | €946,550 | +€669,102 | +241.2% |
| Current assets | 29/58 | €114,711 | €127,051 | +€12,340 | +10.8% |
| Amounts receivable within one year | 40/41 | €112,268 | €123,633 | +€11,365 | +10.1% |
| Cash at bank and in hand | 54/58 | €1,657 | €3,008 | +€1,352 | +81.6% |
| Total equity and liabilities | 10/49 | €392,159 | €1,073,601 | +€681,442 | +173.8% |
| Equity | 10/15 | €141,684 | €28,212 | -€113,472 | -80.1% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €20,900 | €20,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,784 | -€56,688 | -€113,472 | |
| Provisions and deferred taxes | 16 | €146,750 | €146,750 | = | 0.0% |
| Amounts payable | 17/49 | €103,725 | €898,639 | +€794,914 | +766.4% |
| Amounts payable after more than one year | 17 | €65,404 | €294,556 | +€229,152 | +350.4% |
| Amounts payable within one year | 42/48 | €38,321 | €604,083 | +€565,762 | +1476.4% |
| Trade debts | 44 | €5,256 | €5,702 | +€445 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,231 | €50,455 | +€35,225 | +231.3% |
| Gross operating margin | 9900 | €140,776 | -€11,414 | -€152,191 | |
| Operating profit (loss) | 9901 | €75,327 | -€106,318 | -€181,645 | |
| Recurring financial income | 75 | €55 | €154 | +€99 | +179.7% |
| Recurring financial charges | 65 | €8,136 | €7,308 | -€828 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €67,246 | -€113,472 | -€180,718 | |
| Profit (loss) for the period | 9904 | €67,246 | -€113,472 | -€180,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,246 | -€113,472 | -€180,718 |
Source: filed annual accounts (NBB), financial years ended 31 March 2009 and 31 March 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.