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SPLIT.SCREEN: 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

SPLIT.SCREEN

BE 0740.988.047
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
€1,044
2020 · -€2,372+€3,416
Equity
€672
2020 · -€372+€1,044
Cash
€9,377
2020 · €1,666+€7,711
Balance sheet total
€25,203
2020 · €9,473+€15,730

Largest movements

2020 to 2021
Assets
  • Receivables within one year +€7,927

    up €7,927 (+139.2%), from €5,694 to €13,621

  • Cash +€7,711

    up €7,711 (+462.8%), from €1,666 to €9,377

    mainly Debts within one year (+€14,686) and Net result for the year (+€1,044)

Equity and liabilities
  • Debts within one year +€14,686

    up €14,686 (+149.2%), from €9,845 to €24,531

    of which Trade debts: +€10,290

  • Profit (loss) carried forward +€844

    up €844 (+35.6%), from -€2,372 to -€1,528

Income statement
  • Financial income +€5,203

    new in 2021: €5,203

  • Gross operating margin -€1,462

    down €1,462 (-82.0%), from -€1,782 to -€3,244

  • Depreciation +€358

    up €358 (+64.3%), from €557 to €915

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 -€2,372
Gross operating margin -€1,462
Depreciation -€358
Financial income +€5,203
Financial charges +€33
Result 2021 €1,044

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 +€8,718
Investment -€1,007
Financing €0
Cash 2020 €1,666
Net result for the year +€1,044
Depreciation +€915
Receivables within one year -€7,927
Debts within one year +€14,686
Investment in fixed assets (net) -€1,007
Cash 2021 €9,377
Every line side by side 34 lines
Line Code 2020 2021 Change %
Total assets 20/58 €9,473 €25,203 +€15,730 +166.1%
Fixed assets 21/28 €2,113 €2,205 +€92 +4.4%
Tangible fixed assets 22/27 €2,113 €2,205 +€92 +4.4%
Furniture and vehicles 24 - €2,205 +€2,205
Current assets 29/58 €7,360 €22,998 +€15,638 +212.5%
Amounts receivable within one year 40/41 €5,694 €13,621 +€7,927 +139.2%
Trade receivables 40 - €13,621 +€13,621
Cash at bank and in hand 54/58 €1,666 €9,377 +€7,711 +462.8%
Total equity and liabilities 10/49 €9,473 €25,203 +€15,730 +166.1%
Equity 10/15 -€372 €672 +€1,044
Contributions 10/11 €2,000 €2,000 = 0.0%
Capital 10 - €2,000 +€2,000
Issued capital 100 - €2,000 +€2,000
Reserves 13 - €200 +€200
Non-distributable reserves 130/1 - €200 +€200
Legal reserve 130 - €200 +€200
Profit (loss) carried forward 14 -€2,372 -€1,528 +€844 +35.6%
Amounts payable 17/49 €9,845 €24,531 +€14,686 +149.2%
Amounts payable within one year 42/48 €9,845 €24,531 +€14,686 +149.2%
Trade debts 44 - €10,290 +€10,290
Suppliers 440/4 - €10,290 +€10,290
Taxes, remuneration and social security 45 - €5,803 +€5,803
Taxes 450/3 - €3,051 +€3,051
Remuneration and social security 454/9 - €2,752 +€2,752
Other amounts payable 47/48 - €8,438 +€8,438
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €557 €915 +€358 +64.3%
Gross operating margin 9900 -€1,782 -€3,244 -€1,462 -82.0%
Operating profit (loss) 9901 -€2,339 -€4,159 -€1,820 -77.8%
Financial income 75/76B - €5,203 +€5,203
Recurring financial income 75 - €5,203 +€5,203
Recurring financial charges 65 €33 - -€33
Profit (loss) for the period before taxes 9903 -€2,372 €1,044 +€3,416
Profit (loss) for the period 9904 -€2,372 €1,044 +€3,416
Profit (loss) for the period to be appropriated 9905 -€2,372 €1,044 +€3,416

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.