STRUCTURE: 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.
STRUCTURE
Largest movements
- Tangible fixed assets -€2,943
down €2,943 (-34.4%), from €8,563 to €5,620
- Current assets -€2,745
down €2,745 (-1.4%), from €189,515 to €186,770
of which Receivables within one year: -€44,919
- Debts -€4,967
down €4,967 (-8.1%), from €61,280 to €56,314
- Gross operating margin +€7,130
up €7,130 (+3.3%), from €216,526 to €223,656
From the 2016 result to the 2017 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 | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,078 | €192,390 | -€5,688 | -2.9% |
| Fixed assets | 21/28 | €8,563 | €5,620 | -€2,943 | -34.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €8,563 | €5,620 | -€2,943 | -34.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €189,515 | €186,770 | -€2,745 | -1.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €58,047 | €13,128 | -€44,919 | -77.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €130,558 | €171,540 | +€40,982 | +31.4% |
| Total equity and liabilities | 10/49 | €198,078 | €192,390 | -€5,688 | -2.9% |
| Equity | 10/15 | €136,797 | €136,076 | -€721 | -0.5% |
| Profit (loss) carried forward | 14 | €4,167 | -€520 | -€4,688 | |
| Amounts payable | 17/49 | €61,280 | €56,314 | -€4,967 | -8.1% |
| Amounts payable within one year | 42/48 | €47,613 | €42,646 | -€4,967 | -10.4% |
| Trade debts | 44 | €17,337 | €16,344 | -€993 | -5.7% |
| Turnover | 70 | €202 | €117 | -€84 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,774 | €3,592 | -€2,183 | -37.8% |
| Gross operating margin | 9900 | €216,526 | €223,656 | +€7,130 | +3.3% |
| Operating profit (loss) | 9901 | €2,214 | -€284 | -€2,498 | |
| Recurring financial income | 75 | €1,832 | €711 | -€1,120 | -61.2% |
| Recurring financial charges | 65 | €118 | €145 | +€27 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €3,927 | €282 | -€3,645 | -92.8% |
| Profit (loss) for the period | 9904 | €4,167 | -€520 | -€4,688 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,167 | -€520 | -€4,688 |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.