De Maesschalck Luc: 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.
De Maesschalck Luc
Largest movements
- Current assets +€42,119
up €42,119 (+14.2%), from €295,622 to €337,741
of which Deferred charges and accrued income: +€82,760
- Tangible fixed assets -€8,691
no longer reported in 2021 (was €8,691)
- Profit (loss) carried forward +€52,401
up €52,401 (+19.8%), from €264,880 to €317,281
- Debts within one year -€18,973
no longer reported in 2021 (was €18,973)
- Gross operating margin -€29,502
down €29,502 (-58.3%), from €50,567 to €21,065
- Taxes -€8,315
down €8,315 (-62.2%), from €13,375 to €5,060
- Other operating charges +€917
new in 2021: €917
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 | €304,313 | €337,741 | +€33,428 | +11.0% |
| Fixed assets | 21/28 | €8,691 | - | -€8,691 | |
| Tangible fixed assets | 22/27 | €8,691 | - | -€8,691 | |
| Current assets | 29/58 | €295,622 | €337,741 | +€42,119 | +14.2% |
| Amounts receivable within one year | 40/41 | €155,725 | €173,745 | +€18,020 | +11.6% |
| Trade receivables | 40 | - | €117,974 | +€117,974 | |
| Other amounts receivable | 41 | - | €55,771 | +€55,771 | |
| Cash at bank and in hand | 54/58 | €57,137 | €81,236 | +€24,099 | +42.2% |
| Deferred charges and accrued income | 490/1 | - | €82,760 | +€82,760 | |
| Total equity and liabilities | 10/49 | €304,313 | €337,741 | +€33,428 | +11.0% |
| Equity | 10/15 | €285,340 | €337,741 | +€52,401 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €264,880 | €317,281 | +€52,401 | +19.8% |
| Amounts payable | 17/49 | €18,973 | - | -€18,973 | |
| Amounts payable within one year | 42/48 | €18,973 | - | -€18,973 | |
| Trade debts | 44 | €7,224 | - | -€7,224 | |
| Other operating charges | 640/8 | - | €917 | +€917 | |
| Gross operating margin | 9900 | €50,567 | €21,065 | -€29,502 | -58.3% |
| Operating profit (loss) | 9901 | €48,919 | €20,148 | -€28,771 | -58.8% |
| Financial charges | 65/66B | - | €426 | +€426 | |
| Recurring financial charges | 65 | €43 | €426 | +€383 | +891% |
| Profit (loss) for the period before taxes | 9903 | €48,876 | €19,722 | -€29,154 | -59.6% |
| Income taxes | 67/77 | €13,375 | €5,060 | -€8,315 | -62.2% |
| Profit (loss) for the period | 9904 | €35,501 | €14,662 | -€20,839 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,501 | €14,662 | -€20,839 | -58.7% |
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 1 November 2026 via checked.be.