TextMaster: 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.
TextMaster
Largest movements
- Current assets -€2.7m
down €2.7m (-39.3%), from €6.8m to €4.1m
of which Receivables within one year: -€1.8m
- Intangible fixed assets +€184,694
up €184,694 (+49.6%), from €372,428 to €557,122
- Debts -€1.7m
down €1.7m (-41.2%), from €4.1m to €2.4m
- Equity -€717,413
down €717,413 (-22.8%), from €3.1m to €2.4m
of which Profit (loss) carried forward: -€712,413
- Gross operating margin +€890,591
up €890,591 (+90.6%), from -€982,616 to -€92,025
- Depreciation +€128,361
up €128,361 (+39.7%), from €323,069 to €451,430
From the 2015 result to the 2016 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 | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,293,202 | €4,867,501 | -€2.4m | -33.3% |
| Fixed assets | 21/28 | €534,120 | €766,178 | +€232,058 | +43.4% |
| Intangible fixed assets | 21 | €372,428 | €557,122 | +€184,694 | +49.6% |
| Tangible fixed assets | 22/27 | €6,692 | €4,056 | -€2,636 | -39.4% |
| Financial fixed assets | 28 | €155,000 | €205,000 | +€50,000 | +32.3% |
| Current assets | 29/58 | €6,759,082 | €4,101,323 | -€2.7m | -39.3% |
| Amounts receivable within one year | 40/41 | €3,462,177 | €1,683,717 | -€1.8m | -51.4% |
| Cash at bank and in hand | 54/58 | €3,263,840 | €2,334,682 | -€929,158 | -28.5% |
| Total equity and liabilities | 10/49 | €7,293,202 | €4,867,501 | -€2.4m | -33.3% |
| Equity | 10/15 | €3,148,192 | €2,430,779 | -€717,413 | -22.8% |
| Contributions | 10/11 | €998,650 | €998,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,331,467 | -€3,043,880 | -€712,413 | -30.6% |
| Amounts payable | 17/49 | €4,145,010 | €2,436,722 | -€1.7m | -41.2% |
| Amounts payable within one year | 42/48 | €3,440,071 | €1,326,454 | -€2.1m | -61.4% |
| Trade debts | 44 | €2,870,272 | €512,602 | -€2.4m | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323,069 | €451,430 | +€128,361 | +39.7% |
| Gross operating margin | 9900 | -€982,616 | -€92,025 | +€890,591 | +90.6% |
| Operating profit (loss) | 9901 | -€1,389,743 | -€673,771 | +€715,972 | +51.5% |
| Recurring financial income | 75 | €18,811 | €33,020 | +€14,209 | +75.5% |
| Recurring financial charges | 65 | €108,192 | €71,662 | -€36,530 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,505,333 | -€712,413 | +€792,920 | +52.7% |
| Profit (loss) for the period | 9904 | -€1,505,333 | -€712,413 | +€792,920 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,505,333 | -€712,413 | +€792,920 | +52.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.