Skip to content

Tek-EOS: 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

Tek-EOS

BE 0844.762.409
fiscal year 2019 against 2020filed annual accounts (NBB)
Net result for the year
-€10,289
2019 · €1,520-€11,809
Equity
€16,373
2019 · €26,662-€10,289
Cash
€110
2019 · €1,765-€1,655
Balance sheet total
€23,739
2019 · €46,041-€22,302

Largest movements

2019 to 2020
Assets
  • Tangible fixed assets -€20,325

    no longer reported in 2020 (was €20,325)

  • Cash -€1,655

    down €1,655 (-93.8%), from €1,765 to €110

    mainly Debts after one year (-€11,303) and Net result for the year (-€10,289)

Equity and liabilities
  • Debts after one year -€11,303

    no longer reported in 2020 (was €11,303)

  • Profit (loss) carried forward -€10,289

    down €10,289, from €1,202 to -€9,087

  • Debts within one year -€710

    down €710 (-8.8%), from €8,076 to €7,366

Income statement
  • Gross operating margin -€1,952

    down €1,952 (-64.1%), from €3,047 to €1,095

  • Taxes -€627

    down €627 (-63.0%), from €996 to €368

From the 2019 result to the 2020 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 2019 €1,520
Gross operating margin -€1,952
Other operating items -€9,117
Financial charges -€1,367
Taxes +€627
Result 2020 -€10,289

Cash bridge derived

cash 2019 to 2020

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.

From operations -€10,768
Investment +€20,415
Financing -€11,303
Cash 2019 €1,765
Net result for the year -€10,289
Receivables within one year +€232
Debts within one year -€710
Investment in fixed assets (net) +€20,415
Debts after one year -€11,303
Cash 2020 €110
Every line side by side 22 lines
Line Code 2019 2020 Change %
Total assets 20/58 €46,041 €23,739 -€22,302 -48.4%
Fixed assets 21/28 €20,415 - -€20,415
Tangible fixed assets 22/27 €20,325 - -€20,325
Financial fixed assets 28 €90 - -€90
Current assets 29/58 €25,626 €23,739 -€1,887 -7.4%
Amounts receivable within one year 40/41 €23,861 €23,629 -€232 -1.0%
Cash at bank and in hand 54/58 €1,765 €110 -€1,655 -93.8%
Total equity and liabilities 10/49 €46,041 €23,739 -€22,302 -48.4%
Equity 10/15 €26,662 €16,373 -€10,289 -38.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €6,860 €6,860 = 0.0%
Profit (loss) carried forward 14 €1,202 -€9,087 -€10,289
Amounts payable 17/49 €19,379 €7,366 -€12,012 -62.0%
Amounts payable after more than one year 17 €11,303 - -€11,303
Amounts payable within one year 42/48 €8,076 €7,366 -€710 -8.8%
Gross operating margin 9900 €3,047 €1,095 -€1,952 -64.1%
Operating profit (loss) 9901 €2,346 -€8,723 -€11,069
Recurring financial charges 65 -€169 €1,198 +€1,367
Profit (loss) for the period before taxes 9903 €2,515 -€9,921 -€12,437
Income taxes 67/77 €996 €368 -€627 -63.0%
Profit (loss) for the period 9904 €1,520 -€10,289 -€11,809
Profit (loss) for the period to be appropriated 9905 €1,520 -€10,289 -€11,809

Source: filed annual accounts (NBB), fiscal years ended 31 March 2019 and 31 March 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.