SULAJ: 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.
SULAJ
Largest movements
- Tangible fixed assets +€14,476
new in 2020: €14,476
- Stocks and contracts -€3,914
no longer reported in 2020 (was €3,914)
- Debts within one year +€12,026
up €12,026 (+18.4%), from €65,302 to €77,328
- Profit (loss) carried forward -€1,311
down €1,311 (-2.2%), from -€58,928 to -€60,238
- Gross operating margin +€14,414
up €14,414, from -€11,833 to €2,581
- Depreciation +€3,619
new in 2020: €3,619
From the 2019 result to the 2020 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
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,406 | €18,122 | +€10,715 | +144.7% |
| Fixed assets | 21/28 | - | €14,476 | +€14,476 | |
| Tangible fixed assets | 22/27 | - | €14,476 | +€14,476 | |
| Current assets | 29/58 | €7,406 | €3,646 | -€3,761 | -50.8% |
| Stocks and contracts in progress | 3 | €3,914 | - | -€3,914 | |
| Amounts receivable within one year | 40/41 | €3,469 | €3,575 | +€106 | +3.1% |
| Cash at bank and in hand | 54/58 | €24 | €71 | +€47 | +198.2% |
| Total equity and liabilities | 10/49 | €7,406 | €18,122 | +€10,715 | +144.7% |
| Equity | 10/15 | -€57,896 | -€59,207 | -€1,311 | -2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32 | €32 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,928 | -€60,238 | -€1,311 | -2.2% |
| Amounts payable | 17/49 | €65,302 | €77,328 | +€12,026 | +18.4% |
| Amounts payable within one year | 42/48 | €65,302 | €77,328 | +€12,026 | +18.4% |
| Trade debts | 44 | €11,688 | €99 | -€11,589 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,619 | +€3,619 | |
| Gross operating margin | 9900 | -€11,833 | €2,581 | +€14,414 | |
| Operating profit (loss) | 9901 | -€12,985 | -€1,038 | +€11,947 | +92.0% |
| Recurring financial charges | 65 | €162 | €273 | +€111 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,146 | -€1,311 | +€11,836 | +90.0% |
| Profit (loss) for the period | 9904 | -€13,146 | -€1,311 | +€11,836 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,146 | -€1,311 | +€11,836 | +90.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.