TIME LAPSE: 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.
TIME LAPSE
Largest movements
- Cash -€589
down €589 (-25.7%), from €2,293 to €1,704
mainly Net result for the year (-€831)
- Profit (loss) carried forward -€831
down €831 (-14.8%), from -€5,600 to -€6,432
- Debts within one year +€242
up €242 (+14.3%), from €1,694 to €1,936
of which Other debts: +€1,135
- Gross operating margin -€536
down €536 (-345.8%), from -€155 to -€691
- Financial charges +€141
new in 2021: €141
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.
Cash bridge derived
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 | €2,293 | €1,704 | -€589 | -25.7% |
| Current assets | 29/58 | €2,293 | €1,704 | -€589 | -25.7% |
| Cash at bank and in hand | 54/58 | €2,293 | €1,704 | -€589 | -25.7% |
| Total equity and liabilities | 10/49 | €2,293 | €1,704 | -€589 | -25.7% |
| Equity | 10/15 | €600 | -€232 | -€831 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€5,600 | -€6,432 | -€831 | -14.8% |
| Amounts payable | 17/49 | €1,694 | €1,936 | +€242 | +14.3% |
| Amounts payable within one year | 42/48 | €1,694 | €1,936 | +€242 | +14.3% |
| Trade debts | 44 | €801 | €801 | = | 0.0% |
| Suppliers | 440/4 | - | €801 | +€801 | |
| Other amounts payable | 47/48 | - | €1,135 | +€1,135 | |
| Gross operating margin | 9900 | -€155 | -€691 | -€536 | -345.8% |
| Operating profit (loss) | 9901 | -€502 | -€691 | -€188 | -37.5% |
| Financial charges | 65/66B | - | €141 | +€141 | |
| Recurring financial charges | 65 | €245 | €141 | -€105 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€748 | -€831 | -€84 | -11.2% |
| Profit (loss) for the period | 9904 | -€748 | -€831 | -€84 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€748 | -€831 | -€84 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.