Toboggan: 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.
Toboggan
Largest movements
- Cash +€105,802
up €105,802 (+85.4%), from €123,897 to €229,698
mainly Current investments (+€77,276) and Receivables within one year (+€53,699)
- Current investments -€77,276
down €77,276 (-12.9%), from €600,597 to €523,321
- Receivables within one year -€53,699
down €53,699 (-32.4%), from €165,516 to €111,817
- Debts -€66,639
down €66,639 (-72.4%), from €92,104 to €25,465
- Profit (loss) carried forward +€37,396
up €37,396 (+3.8%), from €985,288 to €1.0m
- Gross operating margin -€554,577
down €554,577 (-65.1%), from €851,775 to €297,198
From the 2019 result to the 2020 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
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.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,077,392 | €1,048,149 | -€29,243 | -2.7% |
| Fixed assets | 21/28 | €187,383 | €183,314 | -€4,069 | -2.2% |
| Tangible fixed assets | 22/27 | €186,978 | €182,409 | -€4,569 | -2.4% |
| Financial fixed assets | 28 | €405 | €905 | +€500 | +124% |
| Current assets | 29/58 | €890,009 | €864,835 | -€25,174 | -2.8% |
| Amounts receivable within one year | 40/41 | €165,516 | €111,817 | -€53,699 | -32.4% |
| Current investments | 50/53 | €600,597 | €523,321 | -€77,276 | -12.9% |
| Cash at bank and in hand | 54/58 | €123,897 | €229,698 | +€105,802 | +85.4% |
| Total equity and liabilities | 10/49 | €1,077,392 | €1,048,149 | -€29,243 | -2.7% |
| Equity | 10/15 | €985,288 | €1,022,684 | +€37,396 | +3.8% |
| Profit (loss) carried forward | 14 | €985,288 | €1,022,684 | +€37,396 | +3.8% |
| Amounts payable | 17/49 | €92,104 | €25,465 | -€66,639 | -72.4% |
| Amounts payable within one year | 42/48 | €85,585 | €25,465 | -€60,120 | -70.2% |
| Trade debts | 44 | €5,974 | €25,465 | +€19,491 | +326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,318 | €6,350 | +€1,032 | +19.4% |
| Gross operating margin | 9900 | €851,775 | €297,198 | -€554,577 | -65.1% |
| Operating profit (loss) | 9901 | €90,452 | €35,261 | -€55,192 | -61.0% |
| Recurring financial income | 75 | €14,630 | €2,315 | -€12,315 | -84.2% |
| Recurring financial charges | 65 | €5,909 | €180 | -€5,729 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €99,173 | €37,396 | -€61,777 | -62.3% |
| Profit (loss) for the period | 9904 | €93,833 | €37,396 | -€56,437 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,833 | €37,396 | -€56,437 | -60.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.