Visual Studio User Group Belgium: 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.
Visual Studio User Group Belgium
Largest movements
- Current assets +€2,255
up €2,255 (+5.9%), from €38,109 to €40,364
of which Cash: +€5,020
- Tangible fixed assets +€903
new in 2013: €903
- Profit (loss) carried forward +€5,852
up €5,852 (+17.5%), from €33,353 to €39,205
- Debts -€2,694
down €2,694 (-56.6%), from €4,756 to €2,062
- Turnover +€36,207
up €36,207 (+230%), from €15,750 to €51,957
- Gross operating margin +€939
up €939 (+18.7%), from €5,010 to €5,949
From the 2012 result to the 2013 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
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 | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,109 | €41,267 | +€3,158 | +8.3% |
| Fixed assets | 21/28 | - | €903 | +€903 | |
| Tangible fixed assets | 22/27 | - | €903 | +€903 | |
| Current assets | 29/58 | €38,109 | €40,364 | +€2,255 | +5.9% |
| Amounts receivable within one year | 40/41 | €3,324 | €895 | -€2,429 | -73.1% |
| Cash at bank and in hand | 54/58 | €34,449 | €39,469 | +€5,020 | +14.6% |
| Total equity and liabilities | 10/49 | €38,109 | €41,267 | +€3,158 | +8.3% |
| Equity | 10/15 | €33,353 | €39,205 | +€5,852 | +17.5% |
| Profit (loss) carried forward | 14 | €33,353 | €39,205 | +€5,852 | +17.5% |
| Amounts payable | 17/49 | €4,756 | €2,062 | -€2,694 | -56.6% |
| Amounts payable within one year | 42/48 | €4,458 | €2,062 | -€2,396 | -53.7% |
| Trade debts | 44 | €4,458 | €673 | -€3,785 | -84.9% |
| Turnover | 70 | €15,750 | €51,957 | +€36,207 | +230% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €301 | +€301 | |
| Gross operating margin | 9900 | €5,010 | €5,949 | +€939 | +18.7% |
| Operating profit (loss) | 9901 | €4,956 | €5,609 | +€653 | +13.2% |
| Recurring financial income | 75 | €410 | €368 | -€41 | -10.1% |
| Recurring financial charges | 65 | €135 | €126 | -€9 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €5,231 | €5,852 | +€621 | +11.9% |
| Profit (loss) for the period | 9904 | €5,231 | €5,852 | +€621 | +11.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2012 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.