SEE: 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.
SEE
Largest movements
- Receivables within one year +€7,245
up €7,245 (+26.5%), from €27,293 to €34,538
of which Trade receivables: +€7,237
- Stocks and contracts -€2,000
no longer reported in 2021 (was €2,000)
- Tangible fixed assets -€672
down €672 (-40.6%), from €1,655 to €983
of which Plant, machinery and equipment: -€415
- Deferred charges and accrued income +€370
new in 2021: €370
- Profit (loss) carried forward -€11,222
down €11,222 (-32.9%), from -€34,115 to -€45,337
- Other debts +€8,173
up €8,173 (+42.9%), from €19,056 to €27,229
- Trade debts +€6,682
up €6,682 (+126.7%), from €5,273 to €11,955
- Short-term financial debts +€3,010
up €3,010 (+43.6%), from €6,904 to €9,913
- Tax, wage and social debts -€1,643
down €1,643 (-7.5%), from €21,845 to €20,202
of which Remuneration and social security: -€1,500
- Gross operating margin +€11,788
up €11,788 (+56.5%), from -€20,845 to -€9,057
- Depreciation -€3,357
down €3,357 (-83.3%), from €4,029 to €672
- Financial charges +€539
up €539 (+43.3%), from €1,247 to €1,786
- Other operating charges -€348
no longer reported in 2021 (was €348)
- Taxes -€294
new in 2021: -€294
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 | €30,948 | €35,892 | +€4,944 | +16.0% |
| Fixed assets | 21/28 | €1,655 | €983 | -€672 | -40.6% |
| Tangible fixed assets | 22/27 | €1,655 | €983 | -€672 | -40.6% |
| Plant, machinery and equipment | 23 | €590 | €175 | -€415 | -70.3% |
| Furniture and vehicles | 24 | €1,065 | €808 | -€256 | -24.1% |
| Current assets | 29/58 | €29,293 | €34,909 | +€5,616 | +19.2% |
| Stocks and contracts in progress | 3 | €2,000 | - | -€2,000 | |
| Contracts in progress | 37 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €27,293 | €34,538 | +€7,245 | +26.5% |
| Trade receivables | 40 | €27,288 | €34,525 | +€7,237 | +26.5% |
| Other amounts receivable | 41 | €5 | €13 | +€8 | +152.9% |
| Deferred charges and accrued income | 490/1 | - | €370 | +€370 | |
| Total equity and liabilities | 10/49 | €30,948 | €35,892 | +€4,944 | +16.0% |
| Equity | 10/15 | -€25,675 | -€36,897 | -€11,222 | -43.7% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Capital | 10 | €6,600 | - | -€6,600 | |
| Issued capital | 100 | €19,000 | - | -€19,000 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,839 | €1,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,839 | €1,839 | = | 0.0% |
| Legal reserve | 130 | €1,839 | - | -€1,839 | |
| Reserves not available under the articles | 1311 | - | €1,839 | +€1,839 | |
| Profit (loss) carried forward | 14 | -€34,115 | -€45,337 | -€11,222 | -32.9% |
| Amounts payable | 17/49 | €56,623 | €72,789 | +€16,166 | +28.6% |
| Amounts payable within one year | 42/48 | €56,623 | €72,789 | +€16,166 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €3,545 | €3,488 | -€56 | -1.6% |
| Financial debts | 43 | €6,904 | €9,913 | +€3,010 | +43.6% |
| Credit institutions | 430/8 | €6,904 | €9,913 | +€3,010 | +43.6% |
| Trade debts | 44 | €5,273 | €11,955 | +€6,682 | +126.7% |
| Suppliers | 440/4 | €5,273 | €11,955 | +€6,682 | +126.7% |
| Taxes, remuneration and social security | 45 | €21,845 | €20,202 | -€1,643 | -7.5% |
| Taxes | 450/3 | €20,345 | €20,202 | -€143 | -0.7% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €19,056 | €27,229 | +€8,173 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,029 | €672 | -€3,357 | -83.3% |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Gross operating margin | 9900 | -€20,845 | -€9,057 | +€11,788 | +56.5% |
| Operating profit (loss) | 9901 | -€25,222 | -€9,729 | +€15,493 | +61.4% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €1,247 | €1,786 | +€539 | +43.3% |
| Recurring financial charges | 65 | €1,247 | €1,786 | +€539 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,463 | -€11,515 | +€14,947 | +56.5% |
| Income taxes | 67/77 | - | -€294 | -€294 | |
| Profit (loss) for the period | 9904 | -€26,463 | -€11,222 | +€15,241 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,463 | -€11,222 | +€15,241 | +57.6% |
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 8 October 2026 via checked.be.