Turn Points: 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.
Turn Points
Largest movements
- Current assets +€59,751
up €59,751 (+19.9%), from €300,628 to €360,378
of which Cash: +€74,591
- Tangible fixed assets +€16,402
up €16,402 (+380.8%), from €4,308 to €20,709
- Profit (loss) carried forward +€72,476
up €72,476 (+80.5%), from €90,028 to €162,504
- Taxes +€7,313
up €7,313 (+21.6%), from €33,913 to €41,225
- Gross operating margin -€4,001
down €4,001 (-3.3%), from €121,436 to €117,435
- Depreciation -€1,771
down €1,771 (-23.6%), from €7,497 to €5,726
From the 2013 result to the 2014 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
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 | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,935 | €381,087 | +€76,152 | +25.0% |
| Fixed assets | 21/28 | €4,308 | €20,709 | +€16,402 | +380.8% |
| Tangible fixed assets | 22/27 | €4,308 | €20,709 | +€16,402 | +380.8% |
| Current assets | 29/58 | €300,628 | €360,378 | +€59,751 | +19.9% |
| Stocks and contracts in progress | 3 | €10,747 | €9,819 | -€928 | -8.6% |
| Amounts receivable within one year | 40/41 | €15,187 | €14,911 | -€276 | -1.8% |
| Current investments | 50/53 | €51,834 | €36,834 | -€15,000 | -28.9% |
| Cash at bank and in hand | 54/58 | €222,406 | €296,997 | +€74,591 | +33.5% |
| Total equity and liabilities | 10/49 | €304,935 | €381,087 | +€76,152 | +25.0% |
| Equity | 10/15 | €290,028 | €362,504 | +€72,476 | +25.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,028 | €162,504 | +€72,476 | +80.5% |
| Amounts payable | 17/49 | €14,908 | €18,584 | +€3,676 | +24.7% |
| Amounts payable within one year | 42/48 | €14,908 | €18,584 | +€3,676 | +24.7% |
| Trade debts | 44 | €5,943 | €4,365 | -€1,578 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,497 | €5,726 | -€1,771 | -23.6% |
| Gross operating margin | 9900 | €121,436 | €117,435 | -€4,001 | -3.3% |
| Operating profit (loss) | 9901 | €112,908 | €110,368 | -€2,540 | -2.2% |
| Recurring financial income | 75 | €9,769 | €3,776 | -€5,993 | -61.3% |
| Recurring financial charges | 65 | €256 | €443 | +€187 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €122,421 | €113,701 | -€8,719 | -7.1% |
| Income taxes | 67/77 | €33,913 | €41,225 | +€7,313 | +21.6% |
| Profit (loss) for the period | 9904 | €88,508 | €72,476 | -€16,032 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €88,508 | €72,476 | -€16,032 | -18.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.