THINKPLUS: 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.
THINKPLUS
Largest movements
- Current assets +€89,510
up €89,510 (+34.1%), from €262,493 to €352,003
of which Deferred charges and accrued income: +€178,209
- Debts within one year +€264,209
up €264,209 (+232%), from €114,028 to €378,238
of which Tax, wage and social debts: +€307,544
- Equity -€178,745
down €178,745, from €165,404 to -€13,341
of which Profit (loss) carried forward: -€178,745
- Staff costs +€1.9m
new in 2021: €1.9m
- Gross operating margin +€1.5m
up €1.5m (+677%), from €227,932 to €1.8m
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
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,433 | €367,417 | +€87,984 | +31.5% |
| Fixed assets | 21/28 | €16,940 | €15,414 | -€1,526 | -9.0% |
| Tangible fixed assets | 22/27 | €10,940 | €8,314 | -€2,626 | -24.0% |
| Furniture and vehicles | 24 | - | €8,314 | +€8,314 | |
| Financial fixed assets | 28 | €6,000 | €7,100 | +€1,100 | +18.3% |
| Current assets | 29/58 | €262,493 | €352,003 | +€89,510 | +34.1% |
| Amounts receivable within one year | 40/41 | €43,416 | €10,021 | -€33,396 | -76.9% |
| Trade receivables | 40 | - | €10,021 | +€10,021 | |
| Cash at bank and in hand | 54/58 | €128,212 | €163,773 | +€35,562 | +27.7% |
| Deferred charges and accrued income | 490/1 | - | €178,209 | +€178,209 | |
| Total equity and liabilities | 10/49 | €279,433 | €367,417 | +€87,984 | +31.5% |
| Equity | 10/15 | €165,404 | -€13,341 | -€178,745 | |
| Contributions | 10/11 | - | €185,000 | +€185,000 | |
| Contributions outside capital | 11 | - | €185,000 | +€185,000 | |
| Other | 1109/19 | - | €185,000 | +€185,000 | |
| Profit (loss) carried forward | 14 | -€19,596 | -€198,341 | -€178,745 | -912% |
| Amounts payable | 17/49 | €114,028 | €380,758 | +€266,730 | +234% |
| Amounts payable within one year | 42/48 | €114,028 | €378,238 | +€264,209 | +232% |
| Trade debts | 44 | €54,127 | €70,106 | +€15,979 | +29.5% |
| Suppliers | 440/4 | - | €70,106 | +€70,106 | |
| Taxes, remuneration and social security | 45 | - | €307,544 | +€307,544 | |
| Taxes | 450/3 | - | €40,978 | +€40,978 | |
| Remuneration and social security | 454/9 | - | €266,567 | +€266,567 | |
| Other amounts payable | 47/48 | - | €587 | +€587 | |
| Accrued charges and deferred income | 492/3 | - | €2,520 | +€2,520 | |
| Remuneration, social security and pensions | 62 | - | €1,941,249 | +€1.9m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,188 | €2,626 | +€438 | +20.0% |
| Other operating charges | 640/8 | - | €3,281 | +€3,281 | |
| Gross operating margin | 9900 | €227,932 | €1,772,007 | +€1.5m | +677% |
| Operating profit (loss) | 9901 | -€18,292 | -€175,148 | -€156,855 | -857% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | +933% |
| Financial charges | 65/66B | - | €3,365 | +€3,365 | |
| Recurring financial charges | 65 | €1,164 | €3,365 | +€2,202 | +189% |
| Profit (loss) for the period before taxes | 9903 | -€19,456 | -€178,510 | -€159,054 | -818% |
| Income taxes | 67/77 | €140 | €236 | +€96 | +68.5% |
| Profit (loss) for the period | 9904 | -€19,596 | -€178,745 | -€159,150 | -812% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,596 | -€178,745 | -€159,150 | -812% |
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 13 October 2026 via checked.be.