SPIESSCHAERT JAN: 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.
SPIESSCHAERT JAN
Largest movements
- Tangible fixed assets +€939,708
up €939,708 (+76.5%), from €1.2m to €2.2m
- Debts +€871,279
up €871,279 (+34.9%), from €2.5m to €3.4m
of which Debts within one year: +€584,947
- Equity +€42,643
up €42,643 (+12.4%), from €343,245 to €385,888
of which Contributions: +€177,418
- Depreciation +€112,480
up €112,480 (+130%), from €86,230 to €198,710
- Gross operating margin +€98,177
up €98,177 (+52.0%), from €188,622 to €286,799
- Financial charges +€32,050
new in 2021: €32,050
- Taxes -€5,729
down €5,729 (-35.1%), from €16,319 to €10,591
- Other operating charges +€2,888
new in 2021: €2,888
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,841,232 | €3,755,154 | +€913,922 | +32.2% |
| Fixed assets | 21/28 | €2,747,882 | €3,687,590 | +€939,708 | +34.2% |
| Tangible fixed assets | 22/27 | €1,228,236 | €2,167,944 | +€939,708 | +76.5% |
| Land and buildings | 22 | - | €2,167,944 | +€2.2m | |
| Financial fixed assets | 28 | €1,519,645 | €1,519,645 | = | 0.0% |
| Current assets | 29/58 | €93,350 | €67,565 | -€25,785 | -27.6% |
| Amounts receivable within one year | 40/41 | €16,476 | €19,997 | +€3,522 | +21.4% |
| Trade receivables | 40 | - | €9,997 | +€9,997 | |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €72,589 | €39,235 | -€33,354 | -45.9% |
| Deferred charges and accrued income | 490/1 | - | €8,332 | +€8,332 | |
| Total equity and liabilities | 10/49 | €2,841,232 | €3,755,154 | +€913,922 | +32.2% |
| Equity | 10/15 | €343,245 | €385,888 | +€42,643 | +12.4% |
| Contributions | 10/11 | - | €177,418 | +€177,418 | |
| Reserves | 13 | €17,742 | €17,742 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €17,742 | +€17,742 | |
| Reserves not available under the articles | 1311 | - | €17,742 | +€17,742 | |
| Profit (loss) carried forward | 14 | €148,086 | €190,729 | +€42,643 | +28.8% |
| Amounts payable | 17/49 | €2,497,987 | €3,369,266 | +€871,279 | +34.9% |
| Amounts payable after more than one year | 17 | €846,905 | €1,129,550 | +€282,644 | +33.4% |
| Financial debts | 170/4 | - | €1,129,550 | +€1.1m | |
| Amounts payable within one year | 42/48 | €1,647,879 | €2,232,826 | +€584,947 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | - | €100,533 | +€100,533 | |
| Financial debts | 43 | - | €18,284 | +€18,284 | |
| Credit institutions | 430/8 | - | €18,284 | +€18,284 | |
| Trade debts | 44 | €14,373 | €131 | -€14,242 | -99.1% |
| Suppliers | 440/4 | - | €131 | +€131 | |
| Taxes, remuneration and social security | 45 | - | €5,491 | +€5,491 | |
| Taxes | 450/3 | - | €5,491 | +€5,491 | |
| Other amounts payable | 47/48 | - | €2,108,387 | +€2.1m | |
| Accrued charges and deferred income | 492/3 | - | €6,891 | +€6,891 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,230 | €198,710 | +€112,480 | +130% |
| Other operating charges | 640/8 | - | €2,888 | +€2,888 | |
| Gross operating margin | 9900 | €188,622 | €286,799 | +€98,177 | +52.0% |
| Operating profit (loss) | 9901 | €100,663 | €85,201 | -€15,462 | -15.4% |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | €139 | €83 | -€56 | -40.5% |
| Financial charges | 65/66B | - | €32,050 | +€32,050 | |
| Recurring financial charges | 65 | €20,805 | €32,050 | +€11,245 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €79,997 | €53,234 | -€26,763 | -33.5% |
| Income taxes | 67/77 | €16,319 | €10,591 | -€5,729 | -35.1% |
| Profit (loss) for the period | 9904 | €63,678 | €42,643 | -€21,035 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,678 | €42,643 | -€21,035 | -33.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.