V.O.B.: 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.
V.O.B.
Largest movements
- Receivables within one year -€952
down €952 (-85.0%), from €1,120 to €168
- Profit (loss) carried forward -€1,803
down €1,803 (-3.7%), from -€48,750 to -€50,553
- Debts within one year +€861
up €861 (+2.9%), from €29,410 to €30,271
of which Short-term financial debts: +€24,462
- Gross operating margin +€7,075
up €7,075, from -€6,936 to €138
- Financial charges +€1,360
new in 2020: €1,360
- Depreciation -€639
no longer reported in 2020 (was €639)
- Other operating charges +€582
new in 2020: €582
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.
Cash bridge derived
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 | €1,120 | €178 | -€943 | -84.1% |
| Current assets | 29/58 | €1,120 | €178 | -€943 | -84.1% |
| Amounts receivable within one year | 40/41 | €1,120 | €168 | -€952 | -85.0% |
| Other amounts receivable | 41 | - | €168 | +€168 | |
| Cash at bank and in hand | 54/58 | - | €9 | +€9 | |
| Total equity and liabilities | 10/49 | €1,120 | €178 | -€943 | -84.1% |
| Equity | 10/15 | -€28,290 | -€30,093 | -€1,803 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€48,750 | -€50,553 | -€1,803 | -3.7% |
| Amounts payable | 17/49 | €29,410 | €30,271 | +€861 | +2.9% |
| Amounts payable within one year | 42/48 | €29,410 | €30,271 | +€861 | +2.9% |
| Financial debts | 43 | - | €24,462 | +€24,462 | |
| Other loans | 439 | - | €24,462 | +€24,462 | |
| Trade debts | 44 | €5,640 | €4,659 | -€981 | -17.4% |
| Suppliers | 440/4 | - | €4,659 | +€4,659 | |
| Advances received on contracts in progress | 46 | - | €1,150 | +€1,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | - | -€639 | |
| Other operating charges | 640/8 | - | €582 | +€582 | |
| Gross operating margin | 9900 | -€6,936 | €138 | +€7,075 | |
| Operating profit (loss) | 9901 | -€8,115 | -€443 | +€7,672 | +94.5% |
| Recurring financial income | 75 | €1,675 | - | -€1,675 | |
| Financial charges | 65/66B | - | €1,360 | +€1,360 | |
| Recurring financial charges | 65 | €1,268 | €1,360 | +€93 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,708 | -€1,803 | +€5,904 | +76.6% |
| Profit (loss) for the period | 9904 | -€7,708 | -€1,803 | +€5,904 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,708 | -€1,803 | +€5,904 | +76.6% |
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 12 October 2026 via checked.be.