B-MAG Services: 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.
B-MAG Services
Largest movements
- Receivables within one year -€20,105
down €20,105 (-84.4%), from €23,831 to €3,726
- Tangible fixed assets -€5,381
down €5,381 (-12.4%), from €43,288 to €37,907
- Profit (loss) carried forward -€22,840
down €22,840 (-41.7%), from -€54,817 to -€77,657
- Debts after one year -€15,806
down €15,806 (-82.1%), from €19,264 to €3,458
- Debts within one year +€12,557
up €12,557 (+18.4%), from €68,411 to €80,968
of which Other debts: +€63,778
- Turnover -€9,812
down €9,812 (-62.1%), from €15,812 to €6,000
- Purchases and services +€5,143
new in 2021: €5,143
- Gross operating margin -€4,179
down €4,179 (-83.0%), from €5,036 to €857
- Financial charges +€2,410
new in 2021: €2,410
of which Non-recurring financial charges: +€2,410
- Depreciation -€188
down €188 (-6.5%), from €2,878 to €2,690
From the 2019 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,758 | €41,670 | -€26,088 | -38.5% |
| Fixed assets | 21/28 | €43,629 | €37,907 | -€5,722 | -13.1% |
| Tangible fixed assets | 22/27 | €43,288 | €37,907 | -€5,381 | -12.4% |
| Land and buildings | 22 | - | €37,907 | +€37,907 | |
| Financial fixed assets | 28 | €341 | - | -€341 | |
| Current assets | 29/58 | €24,129 | €3,763 | -€20,367 | -84.4% |
| Stocks and contracts in progress | 3 | €262 | - | -€262 | |
| Amounts receivable within one year | 40/41 | €23,831 | €3,726 | -€20,105 | -84.4% |
| Trade receivables | 40 | - | €3,118 | +€3,118 | |
| Other amounts receivable | 41 | - | €609 | +€609 | |
| Current investments | 50/53 | €36 | €36 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €67,758 | €41,670 | -€26,088 | -38.5% |
| Equity | 10/15 | -€19,917 | -€42,756 | -€22,840 | -115% |
| Contributions | 10/11 | €34,789 | €34,789 | = | 0.0% |
| Capital | 10 | - | €34,789 | +€34,789 | |
| Issued capital | 100 | - | €34,789 | +€34,789 | |
| Reserves | 13 | €112 | €112 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €112 | +€112 | |
| Legal reserve | 130 | - | €112 | +€112 | |
| Profit (loss) carried forward | 14 | -€54,817 | -€77,657 | -€22,840 | -41.7% |
| Amounts payable | 17/49 | €87,675 | €84,426 | -€3,249 | -3.7% |
| Amounts payable after more than one year | 17 | €19,264 | €3,458 | -€15,806 | -82.1% |
| Financial debts | 170/4 | - | €3,458 | +€3,458 | |
| Amounts payable within one year | 42/48 | €68,411 | €80,968 | +€12,557 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,800 | +€8,800 | |
| Financial debts | 43 | - | €3,543 | +€3,543 | |
| Credit institutions | 430/8 | - | €3,543 | +€3,543 | |
| Trade debts | 44 | €7,455 | €4,042 | -€3,413 | -45.8% |
| Suppliers | 440/4 | - | €4,042 | +€4,042 | |
| Taxes, remuneration and social security | 45 | - | €804 | +€804 | |
| Taxes | 450/3 | - | €804 | +€804 | |
| Other amounts payable | 47/48 | - | €63,778 | +€63,778 | |
| Turnover | 70 | €15,812 | €6,000 | -€9,812 | -62.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,143 | +€5,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,878 | €2,690 | -€188 | -6.5% |
| Non-recurring operating charges | 66A | - | €16,074 | +€16,074 | |
| Gross operating margin | 9900 | €5,036 | €857 | -€4,179 | -83.0% |
| Operating profit (loss) | 9901 | €2,158 | -€17,907 | -€20,065 | |
| Financial charges | 65/66B | - | €2,410 | +€2,410 | |
| Recurring financial charges | 65 | €1,822 | €2,410 | +€588 | +32.3% |
| Non-recurring financial charges | 66B | - | €2,410 | +€2,410 | |
| Profit (loss) for the period before taxes | 9903 | -€564 | -€20,317 | -€19,754 | -3,503% |
| Profit (loss) for the period | 9904 | -€564 | -€20,317 | -€19,754 | -3,503% |
| Profit (loss) for the period to be appropriated | 9905 | -€564 | -€20,317 | -€19,754 | -3,503% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.