VOLKS: what changed
Two fiscal 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.
VOLKS
Largest movements
- Receivables within one year -€7,960
down €7,960 (-33.3%), from €23,892 to €15,931
- Tangible fixed assets -€1,565
no longer reported in 2020 (was €1,565)
- Debts within one year -€17,056
down €17,056 (-58.7%), from €29,059 to €12,002
- Profit (loss) carried forward +€7,774
up €7,774, from -€2,712 to €5,062
- Gross operating margin +€6,612
up €6,612 (+219.6%), from €3,011 to €9,623
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 | €32,547 | €23,265 | -€9,282 | -28.5% |
| Fixed assets | 21/28 | €1,565 | - | -€1,565 | |
| Tangible fixed assets | 22/27 | €1,565 | - | -€1,565 | |
| Current assets | 29/58 | €30,982 | €23,265 | -€7,717 | -24.9% |
| Stocks and contracts in progress | 3 | €5,200 | €5,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,892 | €15,931 | -€7,960 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,890 | €2,134 | +€244 | +12.9% |
| Total equity and liabilities | 10/49 | €32,547 | €23,265 | -€9,282 | -28.5% |
| Equity | 10/15 | €3,488 | €11,262 | +€7,774 | +222.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,712 | €5,062 | +€7,774 | |
| Amounts payable | 17/49 | €29,059 | €12,002 | -€17,056 | -58.7% |
| Amounts payable within one year | 42/48 | €29,059 | €12,002 | -€17,056 | -58.7% |
| Trade debts | 44 | €8,540 | €3,471 | -€5,069 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,525 | €1,565 | +€40 | +2.6% |
| Gross operating margin | 9900 | €3,011 | €9,623 | +€6,612 | +219.6% |
| Operating profit (loss) | 9901 | €1,354 | €7,939 | +€6,585 | +486.5% |
| Recurring financial charges | 65 | - | €164 | +€164 | |
| Profit (loss) for the period before taxes | 9903 | €1,354 | €7,774 | +€6,421 | +474.4% |
| Profit (loss) for the period | 9904 | €1,354 | €7,774 | +€6,421 | +474.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,354 | €7,774 | +€6,421 | +474.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.