SELECT LOUNGE: 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.
SELECT LOUNGE
Largest movements
- Receivables within one year +€80,465
up €80,465 (+423,501%), from €19 to €80,484
- Tangible fixed assets +€27,200
new in 2020: €27,200
- Cash -€3,916
down €3,916 (-58.4%), from €6,707 to €2,791
- Equity +€55,018
up €55,018 (+818%), from €6,726 to €61,744
of which Profit (loss) carried forward: +€53,211
- Debts within one year +€48,731
new in 2020: €48,731
- Turnover +€97,912
new in 2020: €97,912
- Gross operating margin +€69,359
new in 2020: €69,359
- Taxes +€13,264
new in 2020: €13,264
- Depreciation +€2,371
new in 2020: €2,371
From the 2018 result to the 2020 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | 2018 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,726 | €110,475 | +€103,749 | +1,543% |
| Fixed assets | 21/28 | - | €27,200 | +€27,200 | |
| Tangible fixed assets | 22/27 | - | €27,200 | +€27,200 | |
| Current assets | 29/58 | €6,726 | €83,275 | +€76,549 | +1,138% |
| Amounts receivable within one year | 40/41 | €19 | €80,484 | +€80,465 | +423,501% |
| Cash at bank and in hand | 54/58 | €6,707 | €2,791 | -€3,916 | -58.4% |
| Total equity and liabilities | 10/49 | €6,726 | €110,475 | +€103,749 | +1,543% |
| Equity | 10/15 | €6,726 | €61,744 | +€55,018 | +818% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €53 | €1,860 | +€1,807 | +3,409% |
| Profit (loss) carried forward | 14 | €473 | €53,684 | +€53,211 | +11,250% |
| Amounts payable | 17/49 | - | €48,731 | +€48,731 | |
| Amounts payable within one year | 42/48 | - | €48,731 | +€48,731 | |
| Trade debts | 44 | - | €28,078 | +€28,078 | |
| Turnover | 70 | - | €97,912 | +€97,912 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,371 | +€2,371 | |
| Gross operating margin | 9900 | - | €69,359 | +€69,359 | |
| Operating profit (loss) | 9901 | - | €60,586 | +€60,586 | |
| Recurring financial income | 75 | - | €2,394 | +€2,394 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | - | €62,980 | +€62,980 | |
| Income taxes | 67/77 | - | €13,264 | +€13,264 | |
| Profit (loss) for the period | 9904 | - | €49,716 | +€49,716 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €49,716 | +€49,716 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.