Spectrum-Noorderkempen: what changed
What changed
Spectrum-Noorderkempen
filed annual accounts (NBB)
Net result for the year
€196,360
2018 · -€135,341+€331,701
Equity
€3.2m
2018 · €3.1m+€111,569
Cash
€651,074
2018 · €943,849-€292,775
Balance sheet total
€4.9m
2018 · €5.1m-€163,444
Largest movements
Assets
- Current assets -€151,319
down €151,319 (-6.9%), from €2.2m to €2.0m
of which Cash: -€292,775
Equity and liabilities
- Debts within one year -€148,648
down €148,648 (-17.1%), from €866,870 to €718,222
- Equity +€111,569
up €111,569 (+3.6%), from €3.1m to €3.2m
- Debts after one year -€86,442
down €86,442 (-8.3%), from €1.0m to €950,982
Income statement
- Turnover +€28,004
up €28,004 (+5.9%), from €476,799 to €504,803
- Depreciation +€12,520
up €12,520 (+6.6%), from €190,995 to €203,515
Change in the result, 2018 to 2019
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2018
-€135,341
Turnover
+€28,004
Depreciation
-€12,520
Other operating items
+€280,984
Financial income
-€3,430
Financial charges
-€477
Deferred taxes and other
+€39,140
Result 2019
€196,360
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,072,125 | €4,908,681 | -€163,444 | -3.2% |
| Formation expenses | 20 | €3,912 | €3,551 | -€361 | -9.2% |
| Fixed assets | 21/28 | €2,884,670 | €2,872,545 | -€12,125 | -0.4% |
| Tangible fixed assets | 22/27 | €2,878,508 | €2,866,469 | -€12,039 | -0.4% |
| Financial fixed assets | 28 | €2,250 | €2,525 | +€275 | +12.2% |
| Current assets | 29/58 | €2,187,455 | €2,036,136 | -€151,319 | -6.9% |
| Amounts receivable within one year | 40/41 | €351,005 | €572,482 | +€221,477 | +63.1% |
| Current investments | 50/53 | €3,105 | - | -€3,105 | |
| Cash at bank and in hand | 54/58 | €943,849 | €651,074 | -€292,775 | -31.0% |
| Total equity and liabilities | 10/49 | €5,072,125 | €4,908,681 | -€163,444 | -3.2% |
| Equity | 10/15 | €3,121,683 | €3,233,252 | +€111,569 | +3.6% |
| Profit (loss) carried forward | 14 | €350,422 | €482,352 | +€131,930 | +37.6% |
| Provisions and deferred taxes | 16 | €46,148 | €6,225 | -€39,923 | -86.5% |
| Amounts payable | 17/49 | €1,904,294 | €1,669,204 | -€235,090 | -12.3% |
| Amounts payable after more than one year | 17 | €1,037,424 | €950,982 | -€86,442 | -8.3% |
| Amounts payable within one year | 42/48 | €866,870 | €718,222 | -€148,648 | -17.1% |
| Trade debts | 44 | €100,940 | €37,054 | -€63,886 | -63.3% |
| Turnover | 70 | €476,799 | €504,803 | +€28,004 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,995 | €203,515 | +€12,520 | +6.6% |
| Operating profit (loss) | 9901 | -€146,849 | €149,619 | +€296,468 | |
| Recurring financial income | 75 | €46,993 | €43,563 | -€3,430 | -7.3% |
| Recurring financial charges | 65 | €41,611 | €42,088 | +€477 | +1.1% |
| Debt charges | 650 | €41,004 | €38,142 | -€2,862 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€141,467 | €151,094 | +€292,561 | |
| Profit (loss) for the period | 9904 | -€135,341 | €196,360 | +€331,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€135,341 | €196,360 | +€331,701 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.