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SPEEDROLL: 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.

What changed

SPEEDROLL

BE 0847.012.611
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€6,819
2020 · -€3,087-€3,732
Equity
€31,709
2020 · €38,528-€6,819
Cash
€7,395
2020 · €6,192+€1,203
Balance sheet total
€43,119
2020 · €48,602-€5,483

Largest movements

2020 to 2021
Assets
  • Receivables within one year -€6,186

    down €6,186 (-14.8%), from €41,910 to €35,724

  • Cash +€1,203

    up €1,203 (+19.4%), from €6,192 to €7,395

    mainly Receivables within one year (+€6,186) and Debts within one year (+€1,336)

  • Stocks and contracts -€500

    down €500 (-100.0%), from €500 to €0

Equity and liabilities
  • Equity -€6,819

    down €6,819 (-17.7%), from €38,528 to €31,709

  • Debts within one year +€1,336

    up €1,336 (+13.3%), from €10,074 to €11,410

Income statement
  • Gross operating margin -€375

    down €375 (-15.0%), from -€2,503 to -€2,878

From the 2020 result to the 2021 result

effect on the 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.

Result 2020 -€3,087
Gross operating margin -€375
Other operating items -€3,862
Financial income -€33
Financial charges +€539
Result 2021 -€6,819

Cash bridge derived

cash 2020 to 2021

Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€1,203
Investment €0
Financing €0
Cash 2020 €6,192
Net result for the year -€6,819
Stocks and contracts +€500
Receivables within one year +€6,186
Debts within one year +€1,336
Cash 2021 €7,395
Every line side by side 19 lines
Line Code 2020 2021 Change %
Total assets 20/58 €48,602 €43,119 -€5,483 -11.3%
Current assets 29/58 €48,602 €43,119 -€5,483 -11.3%
Stocks and contracts in progress 3 €500 €0 -€500 -100.0%
Amounts receivable within one year 40/41 €41,910 €35,724 -€6,186 -14.8%
Cash at bank and in hand 54/58 €6,192 €7,395 +€1,203 +19.4%
Total equity and liabilities 10/49 €48,602 €43,119 -€5,483 -11.3%
Equity 10/15 €38,528 €31,709 -€6,819 -17.7%
Reserves 13 €32,328 €25,509 -€6,819 -21.1%
Amounts payable 17/49 €10,074 €11,410 +€1,336 +13.3%
Amounts payable within one year 42/48 €10,074 €11,410 +€1,336 +13.3%
Trade debts 44 €7,074 €2,690 -€4,384 -62.0%
Gross operating margin 9900 -€2,503 -€2,878 -€375 -15.0%
Operating profit (loss) 9901 -€2,503 -€6,740 -€4,237 -169.3%
Recurring financial income 75 €33 €0 -€33 -100.0%
Recurring financial charges 65 €617 €79 -€539 -87.3%
Profit (loss) for the period before taxes 9903 -€3,087 -€6,819 -€3,732 -120.9%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€3,087 -€6,819 -€3,732 -120.9%
Profit (loss) for the period to be appropriated 9905 -€3,087 -€6,819 -€3,732 -120.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.