SENSE PRODUCTION: 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.
SENSE PRODUCTION
Largest movements
- Receivables within one year +€32,053
up €32,053 (+66.2%), from €48,451 to €80,503
- Cash +€18,831
up €18,831 (+1,718%), from €1,096 to €19,927
mainly Net result for the year (+€25,677) and Debts within one year (+€25,207)
- Profit (loss) carried forward +€25,677
up €25,677 (+87.5%), from -€29,330 to -€3,654
- Debts within one year +€25,207
up €25,207 (+34.7%), from €72,677 to €97,884
- Gross operating margin -€4,362
down €4,362 (-13.9%), from €31,481 to €27,119
From the 2019 result to the 2020 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.
Derived cash bridge
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,547 | €100,430 | +€50,883 | +103% |
| Current assets | 29/58 | €49,547 | €100,430 | +€50,883 | +103% |
| Amounts receivable within one year | 40/41 | €48,451 | €80,503 | +€32,053 | +66.2% |
| Cash at bank and in hand | 54/58 | €1,096 | €19,927 | +€18,831 | +1,718% |
| Total equity and liabilities | 10/49 | €49,547 | €100,430 | +€50,883 | +103% |
| Equity | 10/15 | -€23,130 | €2,546 | +€25,677 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,330 | -€3,654 | +€25,677 | +87.5% |
| Amounts payable | 17/49 | €72,677 | €97,884 | +€25,207 | +34.7% |
| Amounts payable within one year | 42/48 | €72,677 | €97,884 | +€25,207 | +34.7% |
| Trade debts | 44 | €72,677 | €92,329 | +€19,652 | +27.0% |
| Gross operating margin | 9900 | €31,481 | €27,119 | -€4,362 | -13.9% |
| Operating profit (loss) | 9901 | €31,133 | €25,869 | -€5,264 | -16.9% |
| Recurring financial charges | 65 | €8 | €193 | +€184 | +2,191% |
| Profit (loss) for the period before taxes | 9903 | €31,125 | €25,677 | -€5,448 | -17.5% |
| Profit (loss) for the period | 9904 | €31,125 | €25,677 | -€5,448 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,125 | €25,677 | -€5,448 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.