w wh at*: what changed
w wh at*
Largest movements
- Current assets -€23,526
down €23,526 (-22.2%), from €106,051 to €82,526
of which Current investments: -€46,732
- Tangible fixed assets -€15,021
down €15,021 (-53.3%), from €28,174 to €13,152
- Debts -€51,194
down €51,194 (-48.4%), from €105,819 to €54,624
of which Debts within one year: -€75,448
- Equity +€12,647
up €12,647 (+44.5%), from €28,406 to €41,053
- Turnover -€88,316
no longer reported in 2010 (was €88,316)
- Gross operating margin +€52,348
up €52,348 (+45.4%), from €115,310 to €167,658
- Depreciation -€6,000
down €6,000 (-28.5%), from €21,021 to €15,021
Change in the result, 2009 to 2010
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,225 | €95,678 | -€38,547 | -28.7% |
| Fixed assets | 21/28 | €28,174 | €13,152 | -€15,021 | -53.3% |
| Tangible fixed assets | 22/27 | €28,174 | €13,152 | -€15,021 | -53.3% |
| Current assets | 29/58 | €106,051 | €82,526 | -€23,526 | -22.2% |
| Amounts receivable within one year | 40/41 | €2,546 | €24,427 | +€21,881 | +859% |
| Current investments | 50/53 | €80,000 | €33,268 | -€46,732 | -58.4% |
| Cash at bank and in hand | 54/58 | €22,237 | €23,428 | +€1,191 | +5.4% |
| Total equity and liabilities | 10/49 | €134,225 | €95,678 | -€38,547 | -28.7% |
| Equity | 10/15 | €28,406 | €41,053 | +€12,647 | +44.5% |
| Profit (loss) carried forward | 14 | €3,906 | €16,553 | +€12,647 | +324% |
| Amounts payable | 17/49 | €105,819 | €54,624 | -€51,194 | -48.4% |
| Amounts payable after more than one year | 17 | €3,308 | €679 | -€2,629 | -79.5% |
| Amounts payable within one year | 42/48 | €102,511 | €27,062 | -€75,448 | -73.6% |
| Trade debts | 44 | €77,030 | €19,287 | -€57,744 | -75.0% |
| Turnover | 70 | €88,316 | - | -€88,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,021 | €15,021 | -€6,000 | -28.5% |
| Gross operating margin | 9900 | €115,310 | €167,658 | +€52,348 | +45.4% |
| Operating profit (loss) | 9901 | -€67,089 | €12,442 | +€79,532 | |
| Recurring financial income | 75 | €2,325 | €662 | -€1,663 | -71.5% |
| Recurring financial charges | 65 | €1,190 | €457 | -€733 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | -€65,955 | €12,647 | +€78,602 | |
| Profit (loss) for the period | 9904 | -€67,786 | €12,647 | +€80,433 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2009 and 31 December 2010. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.