VRIEND: 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.
VRIEND
Largest movements
- Cash -€11,116
down €11,116 (-71.6%), from €15,534 to €4,417
mainly Net result for the year (-€12,075) and Receivables within one year (-€2,330)
- Receivables within one year +€2,330
up €2,330 (+56.6%), from €4,119 to €6,449
- Profit (loss) carried forward -€12,075
down €12,075 (-84.2%), from -€14,344 to -€26,419
- Debts within one year +€3,289
up €3,289 (+12.7%), from €25,937 to €29,226
- Gross operating margin -€15,348
down €15,348, from €3,771 to -€11,577
- Depreciation -€4,349
no longer reported in 2019 (was €4,349)
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,653 | €10,866 | -€8,787 | -44.7% |
| Current assets | 29/58 | €19,653 | €10,866 | -€8,787 | -44.7% |
| Amounts receivable within one year | 40/41 | €4,119 | €6,449 | +€2,330 | +56.6% |
| Cash at bank and in hand | 54/58 | €15,534 | €4,417 | -€11,116 | -71.6% |
| Total equity and liabilities | 10/49 | €19,653 | €10,866 | -€8,787 | -44.7% |
| Equity | 10/15 | -€6,284 | -€18,359 | -€12,075 | -192% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,344 | -€26,419 | -€12,075 | -84.2% |
| Amounts payable | 17/49 | €25,937 | €29,226 | +€3,289 | +12.7% |
| Amounts payable within one year | 42/48 | €25,937 | €29,226 | +€3,289 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | - | -€4,349 | |
| Gross operating margin | 9900 | €3,771 | -€11,577 | -€15,348 | |
| Operating profit (loss) | 9901 | -€925 | -€11,924 | -€10,999 | -1,188% |
| Recurring financial charges | 65 | €122 | €151 | +€28 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,048 | -€12,075 | -€11,027 | -1,052% |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€1,047 | -€12,075 | -€11,028 | -1,053% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,047 | -€12,075 | -€11,028 | -1,053% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.