SPOND: 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.
SPOND
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts within one year -€10,253
no longer reported in 2021 (was €10,253)
- Equity +€10,129
up €10,129 (+20.9%), from €48,373 to €58,503
- Staff costs +€27,699
new in 2021: €27,699
- Gross operating margin +€4,420
up €4,420 (+12.6%), from €35,153 to €39,573
- Other operating charges +€1,705
new in 2021: €1,705
- Turnover -€1,139
no longer reported in 2021 (was €1,139)
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.
Cash bridge derived
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 | €58,627 | €58,503 | -€124 | -0.2% |
| Current assets | 29/58 | €58,627 | €58,503 | -€124 | -0.2% |
| Amounts receivable within one year | 40/41 | €1,006 | €29 | -€977 | -97.1% |
| Trade receivables | 40 | - | €29 | +€29 | |
| Current investments | 50/53 | €18,433 | €18,450 | +€17 | +0.1% |
| Cash at bank and in hand | 54/58 | €35,470 | €39,674 | +€4,205 | +11.9% |
| Deferred charges and accrued income | 490/1 | - | €350 | +€350 | |
| Total equity and liabilities | 10/49 | €58,627 | €58,503 | -€124 | -0.2% |
| Equity | 10/15 | €48,373 | €58,503 | +€10,129 | +20.9% |
| Profit (loss) carried forward | 14 | €39,581 | €58,503 | +€18,922 | +47.8% |
| Amounts payable | 17/49 | €10,253 | - | -€10,253 | |
| Amounts payable within one year | 42/48 | €10,253 | - | -€10,253 | |
| Trade debts | 44 | €5,964 | - | -€5,964 | |
| Turnover | 70 | €1,139 | - | -€1,139 | |
| Remuneration, social security and pensions | 62 | - | €27,699 | +€27,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | - | -€316 | |
| Other operating charges | 640/8 | - | €1,705 | +€1,705 | |
| Gross operating margin | 9900 | €35,153 | €39,573 | +€4,420 | +12.6% |
| Operating profit (loss) | 9901 | -€5,598 | €10,169 | +€15,766 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | €22 | €20 | -€2 | -7.2% |
| Financial charges | 65/66B | - | €60 | +€60 | |
| Recurring financial charges | 65 | €56 | €60 | +€4 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,631 | €10,129 | +€15,761 | |
| Profit (loss) for the period | 9904 | -€5,631 | €10,129 | +€15,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,631 | €10,129 | +€15,761 |
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 3 October 2026 via checked.be.