DAVID MLM: 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.
DAVID MLM
Largest movements
- Receivables within one year +€25,482
up €25,482 (+209.9%), from €12,142 to €37,623
of which Other amounts receivable: +€25,438
- Tangible fixed assets -€4,639
down €4,639 (-50.0%), from €9,278 to €4,639
- Cash -€426
down €426 (-100.0%), from €426 to €0
mainly Receivables within one year (-€25,482) and Debts after one year (-€6,873)
- Profit (loss) carried forward +€21,461
up €21,461 (+247.0%), from €8,688 to €30,149
- Debts after one year -€6,873
down €6,873 (-84.3%), from €8,151 to €1,278
- Debts within one year +€5,829
up €5,829 (+116.4%), from €5,007 to €10,836
of which Tax, wage and social debts: +€5,516
- Gross operating margin +€14,509
up €14,509 (+107.7%), from €13,473 to €27,982
- Taxes +€5,516
new in 2021: €5,516
- Financial income +€3,821
new in 2021: €3,821
of which Non-recurring financial income: +€2,394
From the 2020 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.
Cash bridge derived
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,846 | €42,263 | +€20,416 | +93.5% |
| Fixed assets | 21/28 | €9,278 | €4,639 | -€4,639 | -50.0% |
| Tangible fixed assets | 22/27 | €9,278 | €4,639 | -€4,639 | -50.0% |
| Furniture and vehicles | 24 | - | €4,639 | +€4,639 | |
| Current assets | 29/58 | €12,568 | €37,624 | +€25,055 | +199.4% |
| Amounts receivable within one year | 40/41 | €12,142 | €37,623 | +€25,482 | +209.9% |
| Trade receivables | 40 | - | €12,185 | +€12,185 | |
| Other amounts receivable | 41 | - | €25,438 | +€25,438 | |
| Cash at bank and in hand | 54/58 | €426 | €0 | -€426 | -100.0% |
| Total equity and liabilities | 10/49 | €21,846 | €42,263 | +€20,416 | +93.5% |
| Equity | 10/15 | €8,688 | €30,149 | +€21,461 | +247.0% |
| Profit (loss) carried forward | 14 | €8,688 | €30,149 | +€21,461 | +247.0% |
| Amounts payable | 17/49 | €13,158 | €12,114 | -€1,045 | -7.9% |
| Amounts payable after more than one year | 17 | €8,151 | €1,278 | -€6,873 | -84.3% |
| Financial debts | 170/4 | - | €1,278 | +€1,278 | |
| Amounts payable within one year | 42/48 | €5,007 | €10,836 | +€5,829 | +116.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,533 | +€3,533 | |
| Trade debts | 44 | €207 | €1,787 | +€1,580 | +761.7% |
| Suppliers | 440/4 | - | €1,787 | +€1,787 | |
| Taxes, remuneration and social security | 45 | - | €5,516 | +€5,516 | |
| Taxes | 450/3 | - | €5,516 | +€5,516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,639 | €4,639 | = | 0.0% |
| Gross operating margin | 9900 | €13,473 | €27,982 | +€14,509 | +107.7% |
| Operating profit (loss) | 9901 | €8,834 | €23,343 | +€14,509 | +164.2% |
| Financial income | 75/76B | - | €3,821 | +€3,821 | |
| Recurring financial income | 75 | - | €1,427 | +€1,427 | |
| Non-recurring financial income | 76B | - | €2,394 | +€2,394 | |
| Financial charges | 65/66B | - | €186 | +€186 | |
| Recurring financial charges | 65 | €146 | €186 | +€40 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €8,688 | €26,977 | +€18,290 | +210.5% |
| Income taxes | 67/77 | - | €5,516 | +€5,516 | |
| Profit (loss) for the period | 9904 | €8,688 | €21,461 | +€12,773 | +147.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,688 | €21,461 | +€12,773 | +147.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.