TRANS-MUTATION: 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.
TRANS-MUTATION
Largest movements
- Cash +€20,573
up €20,573 (+112.7%), from €18,257 to €38,830
mainly Net result for the year (+€14,440) and Debts within one year (+€8,211)
- Receivables within one year +€1,766
up €1,766 (+19.8%), from €8,906 to €10,672
- Profit (loss) carried forward +€14,440
up €14,440 (+50.3%), from €28,687 to €43,127
- Debts within one year +€8,211
new in 2016: €8,211
- Turnover +€22,585
up €22,585 (+20.2%), from €111,920 to €134,505
- Gross operating margin +€8,264
up €8,264 (+108.7%), from €7,601 to €15,865
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.
Cash bridge derived
Derived from the 2015 and 2016 balance sheets and the 2016 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,687 | €51,338 | +€22,651 | +79.0% |
| Fixed assets | 21/28 | €1,524 | €1,836 | +€312 | +20.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,524 | €1,836 | +€312 | +20.5% |
| Current assets | 29/58 | €27,164 | €49,502 | +€22,339 | +82.2% |
| Amounts receivable within one year | 40/41 | €8,906 | €10,672 | +€1,766 | +19.8% |
| Cash at bank and in hand | 54/58 | €18,257 | €38,830 | +€20,573 | +112.7% |
| Total equity and liabilities | 10/49 | €28,687 | €51,338 | +€22,651 | +79.0% |
| Equity | 10/15 | €28,687 | €43,127 | +€14,440 | +50.3% |
| Profit (loss) carried forward | 14 | €28,687 | €43,127 | +€14,440 | +50.3% |
| Amounts payable | 17/49 | - | €8,211 | +€8,211 | |
| Amounts payable within one year | 42/48 | - | €8,211 | +€8,211 | |
| Trade debts | 44 | - | €5,312 | +€5,312 | |
| Turnover | 70 | €111,920 | €134,505 | +€22,585 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,226 | €1,299 | +€73 | +6.0% |
| Gross operating margin | 9900 | €7,601 | €15,865 | +€8,264 | +108.7% |
| Operating profit (loss) | 9901 | €6,376 | €14,567 | +€8,191 | +128.5% |
| Recurring financial income | 75 | €70 | €4 | -€65 | -93.8% |
| Recurring financial charges | 65 | €109 | €131 | +€22 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €6,337 | €14,440 | +€8,103 | +127.9% |
| Profit (loss) for the period | 9904 | €6,337 | €14,440 | +€8,103 | +127.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,337 | €14,440 | +€8,103 | +127.9% |
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 11 October 2026 via checked.be.