SKUU: 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.
SKUU
Largest movements
- Tangible fixed assets -€18,200
down €18,200 (-56.2%), from €32,381 to €14,182
- Stocks and contracts -€11,310
down €11,310 (-100%), from €11,310 to €0
- Receivables within one year -€6,869
down €6,869 (-48.3%), from €14,216 to €7,346
- Cash -€694
down €694 (-24.4%), from €2,844 to €2,150
mainly Net result for the year (-€43,007)
- Profit (loss) carried forward -€43,007
down €43,007 (-234%), from -€18,416 to -€61,423
- Debts within one year +€5,933
up €5,933 (+9.8%), from €60,568 to €66,501
- Gross operating margin -€15,297
down €15,297, from €4,221 to -€11,075
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 | €60,751 | €23,678 | -€37,074 | -61.0% |
| Fixed assets | 21/28 | €32,381 | €14,182 | -€18,200 | -56.2% |
| Tangible fixed assets | 22/27 | €32,381 | €14,182 | -€18,200 | -56.2% |
| Current assets | 29/58 | €28,370 | €9,496 | -€18,874 | -66.5% |
| Stocks and contracts in progress | 3 | €11,310 | €0 | -€11,310 | -100% |
| Amounts receivable within one year | 40/41 | €14,216 | €7,346 | -€6,869 | -48.3% |
| Cash at bank and in hand | 54/58 | €2,844 | €2,150 | -€694 | -24.4% |
| Total equity and liabilities | 10/49 | €60,751 | €23,678 | -€37,074 | -61.0% |
| Equity | 10/15 | €184 | -€42,823 | -€43,007 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,416 | -€61,423 | -€43,007 | -234% |
| Amounts payable | 17/49 | €60,568 | €66,501 | +€5,933 | +9.8% |
| Amounts payable within one year | 42/48 | €60,568 | €66,501 | +€5,933 | +9.8% |
| Trade debts | 44 | €8,305 | €15,199 | +€6,894 | +83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,200 | €18,200 | = | 0.0% |
| Gross operating margin | 9900 | €4,221 | -€11,075 | -€15,297 | |
| Operating profit (loss) | 9901 | -€14,360 | -€42,086 | -€27,727 | -193% |
| Recurring financial income | 75 | €726 | €805 | +€79 | +10.9% |
| Recurring financial charges | 65 | €336 | €1,510 | +€1,174 | +350% |
| Profit (loss) for the period before taxes | 9903 | -€13,970 | -€42,792 | -€28,822 | -206% |
| Income taxes | 67/77 | €169 | €215 | +€46 | +27.3% |
| Profit (loss) for the period | 9904 | -€14,139 | -€43,007 | -€28,868 | -204% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,139 | -€43,007 | -€28,868 | -204% |
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 13 October 2026 via checked.be.