Team B Stables: 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.
Team B Stables
Largest movements
- Tangible fixed assets +€81,781
up €81,781 (+2,639%), from €3,099 to €84,880
- Stocks and contracts +€5,833
up €5,833 (+3.9%), from €149,350 to €155,183
- Receivables within one year -€4,687
down €4,687 (-87.4%), from €5,365 to €678
- Debts within one year +€160,913
up €160,913 (+66.2%), from €242,912 to €403,825
of which Other debts: +€379,543
- Equity -€75,566
down €75,566 (-115%), from -€65,439 to -€141,005
of which Profit (loss) carried forward: -€75,566
- Depreciation +€7,065
up €7,065 (+4,588%), from €154 to €7,219
- Gross operating margin +€1,993
up €1,993 (+2.8%), from -€70,268 to -€68,275
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
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.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,473 | €262,831 | +€85,358 | +48.1% |
| Fixed assets | 21/28 | €3,099 | €84,880 | +€81,781 | +2,639% |
| Tangible fixed assets | 22/27 | €3,099 | €84,880 | +€81,781 | +2,639% |
| Furniture and vehicles | 24 | - | €84,880 | +€84,880 | |
| Current assets | 29/58 | €174,374 | €177,951 | +€3,577 | +2.1% |
| Stocks and contracts in progress | 3 | €149,350 | €155,183 | +€5,833 | +3.9% |
| Stocks | 30/36 | - | €155,183 | +€155,183 | |
| Amounts receivable within one year | 40/41 | €5,365 | €678 | -€4,687 | -87.4% |
| Other amounts receivable | 41 | - | €678 | +€678 | |
| Cash at bank and in hand | 54/58 | €19,659 | €20,759 | +€1,100 | +5.6% |
| Deferred charges and accrued income | 490/1 | - | €1,331 | +€1,331 | |
| Total equity and liabilities | 10/49 | €177,473 | €262,831 | +€85,358 | +48.1% |
| Equity | 10/15 | -€65,439 | -€141,005 | -€75,566 | -115% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€70,439 | -€146,005 | -€75,566 | -107% |
| Amounts payable | 17/49 | €242,912 | €403,836 | +€160,924 | +66.2% |
| Amounts payable within one year | 42/48 | €242,912 | €403,825 | +€160,913 | +66.2% |
| Trade debts | 44 | €4,003 | €24,282 | +€20,279 | +507% |
| Suppliers | 440/4 | - | €24,282 | +€24,282 | |
| Other amounts payable | 47/48 | - | €379,543 | +€379,543 | |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154 | €7,219 | +€7,065 | +4,588% |
| Gross operating margin | 9900 | -€70,268 | -€68,275 | +€1,993 | +2.8% |
| Operating profit (loss) | 9901 | -€70,422 | -€75,494 | -€5,072 | -7.2% |
| Financial charges | 65/66B | - | €72 | +€72 | |
| Recurring financial charges | 65 | €17 | €72 | +€55 | +324% |
| Profit (loss) for the period before taxes | 9903 | -€70,439 | -€75,566 | -€5,127 | -7.3% |
| Profit (loss) for the period | 9904 | -€70,439 | -€75,566 | -€5,127 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,439 | -€75,566 | -€5,127 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.