THE INFORMATION TECHNOLOGY ONLINE: what changed
What changed
THE INFORMATION TECHNOLOGY ONLINE
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
-€1,486
2019 · -€1,616+€130
Equity
-€14,017
2019 · -€12,531-€1,486
Cash
€25,066
2019 · €26,552-€1,486
Balance sheet total
€25,066
2019 · €26,552-€1,486
Largest movements
Assets
- Cash -€1,486
down €1,486 (-5.6%), from €26,552 to €25,066
mainly Net result for the year (-€1,486)
Equity and liabilities
- Equity -€1,486
down €1,486 (-11.9%), from -€12,531 to -€14,017
of which Contributions: -€18,600
Income statement
- Gross operating margin -€74
down €74 (-8.6%), from -€857 to -€931
Change in the result, 2019 to 2020
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2019
-€1,616
Gross operating margin
-€74
Other operating items
-€3
Financial charges
+€207
Result 2020
-€1,486
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2019 and 2020 balance sheets and the 2020 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,486
Investment
€0
Financing
€0
Cash 2019
€26,552
From operations (derived)
-€1,486
Net result for the year
-€1,486
Cash 2020
€25,066
takes cash out
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,552 | €25,066 | -€1,486 | -5.6% |
| Current assets | 29/58 | €26,552 | €25,066 | -€1,486 | -5.6% |
| Cash at bank and in hand | 54/58 | €26,552 | €25,066 | -€1,486 | -5.6% |
| Total equity and liabilities | 10/49 | €26,552 | €25,066 | -€1,486 | -5.6% |
| Equity | 10/15 | -€12,531 | -€14,017 | -€1,486 | -11.9% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,991 | -€34,477 | -€1,486 | -4.5% |
| Amounts payable | 17/49 | €39,083 | €39,083 | = | 0.0% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,083 | €4,083 | = | 0.0% |
| Gross operating margin | 9900 | -€857 | -€931 | -€74 | -8.6% |
| Operating profit (loss) | 9901 | -€1,367 | -€1,444 | -€77 | -5.6% |
| Recurring financial charges | 65 | €249 | €42 | -€207 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,616 | -€1,486 | +€130 | +8.0% |
| Profit (loss) for the period | 9904 | -€1,616 | -€1,486 | +€130 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,616 | -€1,486 | +€130 | +8.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.