VAPOR DISTRIBUTION: 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.
VAPOR DISTRIBUTION
Largest movements
- Stocks and contracts +€8,285
new in 2021: €8,285
- Tangible fixed assets +€5,673
up €5,673 (+293%), from €1,937 to €7,611
of which Furniture and vehicles: +€4,783
- Cash -€4,367
down €4,367 (-91.0%), from €4,800 to €433
mainly Stocks and contracts (-€8,285) and Investment in fixed assets (net) (-€7,588)
- Receivables within one year +€1,480
up €1,480 (+112%), from €1,319 to €2,800
of which Trade receivables: +€800
- Trade debts +€17,799
up €17,799 (+6,964%), from €256 to €18,055
- Profit (loss) carried forward -€6,854
down €6,854 (-676%), from -€1,013 to -€7,868
- Other debts +€3,145
up €3,145 (+80.2%), from €3,921 to €7,066
- Tax, wage and social debts -€3,019
no longer reported in 2021 (was €3,019)
- Gross operating margin -€18,893
down €18,893, from €14,364 to -€4,529
- Other operating charges -€9,352
no longer reported in 2021 (was €9,352)
- Staff costs -€3,803
down €3,803 (-91.7%), from €4,146 to €342
- Depreciation +€1,035
up €1,035 (+118%), from €880 to €1,915
- Financial charges -€942
down €942 (-93.3%), from €1,009 to €68
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.
Derived cash bridge
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 | €8,057 | €19,128 | +€11,071 | +137% |
| Fixed assets | 21/28 | €1,937 | €7,611 | +€5,673 | +293% |
| Tangible fixed assets | 22/27 | €1,937 | €7,611 | +€5,673 | +293% |
| Plant, machinery and equipment | 23 | €1,937 | €2,827 | +€890 | +45.9% |
| Furniture and vehicles | 24 | - | €4,783 | +€4,783 | |
| Current assets | 29/58 | €6,119 | €11,517 | +€5,398 | +88.2% |
| Stocks and contracts in progress | 3 | - | €8,285 | +€8,285 | |
| Stocks | 30/36 | - | €8,285 | +€8,285 | |
| Amounts receivable within one year | 40/41 | €1,319 | €2,800 | +€1,480 | +112% |
| Trade receivables | 40 | - | €800 | +€800 | |
| Other amounts receivable | 41 | €1,319 | €2,000 | +€680 | +51.5% |
| Cash at bank and in hand | 54/58 | €4,800 | €433 | -€4,367 | -91.0% |
| Total equity and liabilities | 10/49 | €8,057 | €19,128 | +€11,071 | +137% |
| Equity | 10/15 | €862 | -€5,993 | -€6,854 | |
| Contributions | 10/11 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,013 | -€7,868 | -€6,854 | -676% |
| Amounts payable | 17/49 | €7,195 | €25,120 | +€17,926 | +249% |
| Amounts payable within one year | 42/48 | €7,195 | €25,120 | +€17,926 | +249% |
| Trade debts | 44 | €256 | €18,055 | +€17,799 | +6,964% |
| Suppliers | 440/4 | €256 | €18,055 | +€17,799 | +6,964% |
| Taxes, remuneration and social security | 45 | €3,019 | - | -€3,019 | |
| Remuneration and social security | 454/9 | €3,019 | - | -€3,019 | |
| Other amounts payable | 47/48 | €3,921 | €7,066 | +€3,145 | +80.2% |
| Remuneration, social security and pensions | 62 | €4,146 | €342 | -€3,803 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €880 | €1,915 | +€1,035 | +118% |
| Other operating charges | 640/8 | €9,352 | - | -€9,352 | |
| Gross operating margin | 9900 | €14,364 | -€4,529 | -€18,893 | |
| Operating profit (loss) | 9901 | -€14 | -€6,787 | -€6,773 | -48,239% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €1,009 | €68 | -€942 | -93.3% |
| Recurring financial charges | 65 | €1,009 | €68 | -€942 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,013 | -€6,854 | -€5,841 | -576% |
| Profit (loss) for the period | 9904 | -€1,013 | -€6,854 | -€5,841 | -576% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,013 | -€6,854 | -€5,841 | -576% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.