"ETS MDOUVEN": what changed
Two fiscal 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.
"ETS MDOUVEN"
Largest movements
- Cash -€14,164
no longer reported in 2022 (was €14,164)
mainly Net result for the year (-€15,879) and Other debts (-€8,920)
- Tangible fixed assets -€5,539
down €5,539 (-22.3%), from €24,788 to €19,249
of which Plant, machinery and equipment: -€4,794
- Deferred charges and accrued income -€3,342
down €3,342 (-99.3%), from €3,367 to €25
- Profit (loss) carried forward -€15,879
down €15,879 (-38.9%), from -€40,821 to -€56,700
- Other debts -€8,920
down €8,920 (-5.1%), from €173,575 to €164,655
- Trade debts +€2,808
up €2,808 (+64.7%), from €4,342 to €7,149
- Tax, wage and social debts -€2,383
down €2,383 (-27.0%), from €8,819 to €6,436
of which Taxes: -€1,239
- Gross operating margin -€22,720
down €22,720, from €12,775 to -€9,944
- Staff costs -€2,468
no longer reported in 2022 (was €2,468)
- Financial charges -€864
down €864 (-68.6%), from €1,260 to €396
- Other operating charges -€480
no longer reported in 2022 (was €480)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,267 | €144,596 | -€23,671 | -14.1% |
| Fixed assets | 21/28 | €29,586 | €24,047 | -€5,539 | -18.7% |
| Tangible fixed assets | 22/27 | €24,788 | €19,249 | -€5,539 | -22.3% |
| Plant, machinery and equipment | 23 | €20,194 | €15,400 | -€4,794 | -23.7% |
| Furniture and vehicles | 24 | €1,616 | €1,318 | -€298 | -18.5% |
| Other tangible fixed assets | 26 | €2,978 | €2,531 | -€447 | -15.0% |
| Financial fixed assets | 28 | €4,798 | €4,798 | = | 0.0% |
| Current assets | 29/58 | €138,681 | €120,549 | -€18,132 | -13.1% |
| Stocks and contracts in progress | 3 | €121,150 | €119,950 | -€1,200 | -1.0% |
| Stocks | 30/36 | €121,150 | €119,950 | -€1,200 | -1.0% |
| Amounts receivable within one year | 40/41 | - | €574 | +€574 | |
| Other amounts receivable | 41 | - | €574 | +€574 | |
| Cash at bank and in hand | 54/58 | €14,164 | - | -€14,164 | |
| Deferred charges and accrued income | 490/1 | €3,367 | €25 | -€3,342 | -99.3% |
| Total equity and liabilities | 10/49 | €168,267 | €144,596 | -€23,671 | -14.1% |
| Equity | 10/15 | -€18,469 | -€34,348 | -€15,879 | -86.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,821 | -€56,700 | -€15,879 | -38.9% |
| Investment grants | 15 | €3,752 | €3,752 | = | 0.0% |
| Amounts payable | 17/49 | €186,736 | €178,944 | -€7,792 | -4.2% |
| Amounts payable within one year | 42/48 | €186,736 | €178,944 | -€7,792 | -4.2% |
| Financial debts | 43 | - | €703 | +€703 | |
| Credit institutions | 430/8 | - | €703 | +€703 | |
| Trade debts | 44 | €4,342 | €7,149 | +€2,808 | +64.7% |
| Suppliers | 440/4 | €4,342 | €7,149 | +€2,808 | +64.7% |
| Taxes, remuneration and social security | 45 | €8,819 | €6,436 | -€2,383 | -27.0% |
| Taxes | 450/3 | €7,675 | €6,436 | -€1,239 | -16.1% |
| Remuneration and social security | 454/9 | €1,144 | - | -€1,144 | |
| Other amounts payable | 47/48 | €173,575 | €164,655 | -€8,920 | -5.1% |
| Remuneration, social security and pensions | 62 | €2,468 | - | -€2,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,436 | €5,539 | +€103 | +1.9% |
| Other operating charges | 640/8 | €480 | - | -€480 | |
| Gross operating margin | 9900 | €12,775 | -€9,944 | -€22,720 | |
| Operating profit (loss) | 9901 | €4,391 | -€15,483 | -€19,874 | |
| Financial income | 75/76B | €106 | - | -€106 | |
| Recurring financial income | 75 | €106 | - | -€106 | |
| Financial charges | 65/66B | €1,260 | €396 | -€864 | -68.6% |
| Recurring financial charges | 65 | €1,260 | €396 | -€864 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €3,236 | -€15,879 | -€19,115 | |
| Profit (loss) for the period | 9904 | €3,236 | -€15,879 | -€19,115 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,236 | -€15,879 | -€19,115 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.