M.C. PROLOG: 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.
M.C. PROLOG
Largest movements
- Receivables within one year -€5,776
down €5,776 (-48.8%), from €11,845 to €6,069
of which Trade receivables: -€6,540
- Cash +€4,237
up €4,237 (+127.0%), from €3,335 to €7,572
mainly Net result for the year (+€6,567) and Receivables within one year (+€5,776)
- Receivables after one year -€2,999
down €2,999 (-15.4%), from €19,439 to €16,440
- Tangible fixed assets -€1,945
down €1,945 (-50.0%), from €3,889 to €1,944
- Short-term financial debts -€8,348
down €8,348 (-61.7%), from €13,523 to €5,175
- Profit (loss) carried forward +€6,567
up €6,567 (+58.9%), from -€11,155 to -€4,588
- Other debts -€4,340
down €4,340 (-61.0%), from €7,116 to €2,776
- Debts after one year -€2,335
no longer reported in 2020 (was €2,335)
- Trade debts +€1,431
up €1,431 (+29.5%), from €4,854 to €6,285
- Turnover -€43,160
no longer reported in 2020 (was €43,160)
- Purchases and services -€42,125
no longer reported in 2020 (was €42,125)
- Gross operating margin +€6,927
up €6,927 (+163.1%), from €4,247 to €11,174
- Financial charges -€534
down €534 (-23.5%), from €2,270 to €1,736
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,758 | €33,275 | -€6,483 | -16.3% |
| Fixed assets | 21/28 | €4,193 | €2,249 | -€1,944 | -46.4% |
| Tangible fixed assets | 22/27 | €3,889 | €1,944 | -€1,945 | -50.0% |
| Furniture and vehicles | 24 | €3,889 | €1,944 | -€1,945 | -50.0% |
| Financial fixed assets | 28 | €304 | €304 | = | 0.0% |
| Current assets | 29/58 | €35,565 | €31,026 | -€4,539 | -12.8% |
| Amounts receivable after more than one year | 29 | €19,439 | €16,440 | -€2,999 | -15.4% |
| Other amounts receivable | 291 | €19,439 | €16,440 | -€2,999 | -15.4% |
| Amounts receivable within one year | 40/41 | €11,845 | €6,069 | -€5,776 | -48.8% |
| Trade receivables | 40 | €10,665 | €4,125 | -€6,540 | -61.3% |
| Other amounts receivable | 41 | €1,180 | €1,944 | +€764 | +64.7% |
| Cash at bank and in hand | 54/58 | €3,335 | €7,572 | +€4,237 | +127.0% |
| Deferred charges and accrued income | 490/1 | €946 | €946 | = | 0.0% |
| Total equity and liabilities | 10/49 | €39,758 | €33,275 | -€6,483 | -16.3% |
| Equity | 10/15 | €9,297 | €15,863 | +€6,566 | +70.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,859 | -€1 | -0.1% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Legal reserve | 130 | €1,860 | €1,859 | -€1 | -0.1% |
| Profit (loss) carried forward | 14 | -€11,155 | -€4,588 | +€6,567 | +58.9% |
| Amounts payable | 17/49 | €30,461 | €17,411 | -€13,050 | -42.8% |
| Amounts payable after more than one year | 17 | €2,335 | - | -€2,335 | |
| Financial debts | 170/4 | €2,335 | - | -€2,335 | |
| Amounts payable within one year | 42/48 | €28,126 | €17,411 | -€10,715 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €1,793 | €2,336 | +€543 | +30.3% |
| Financial debts | 43 | €13,523 | €5,175 | -€8,348 | -61.7% |
| Credit institutions | 430/8 | €13,523 | €5,175 | -€8,348 | -61.7% |
| Trade debts | 44 | €4,854 | €6,285 | +€1,431 | +29.5% |
| Suppliers | 440/4 | €4,854 | €6,285 | +€1,431 | +29.5% |
| Taxes, remuneration and social security | 45 | €840 | €840 | = | 0.0% |
| Remuneration and social security | 454/9 | €840 | €840 | = | 0.0% |
| Other amounts payable | 47/48 | €7,116 | €2,776 | -€4,340 | -61.0% |
| Turnover | 70 | €43,160 | - | -€43,160 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,125 | - | -€42,125 | |
| Remuneration, social security and pensions | 62 | €197 | €118 | -€79 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,944 | €1,944 | = | 0.0% |
| Other operating charges | 640/8 | €961 | €696 | -€265 | -27.6% |
| Gross operating margin | 9900 | €4,247 | €11,174 | +€6,927 | +163.1% |
| Operating profit (loss) | 9901 | €1,145 | €8,415 | +€7,270 | +634.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | €2 | +€1 | +100.0% |
| Financial charges | 65/66B | €2,270 | €1,736 | -€534 | -23.5% |
| Recurring financial charges | 65 | €2,270 | €1,736 | -€534 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,124 | €6,681 | +€7,805 | |
| Income taxes | 67/77 | €128 | €114 | -€14 | -10.9% |
| Profit (loss) for the period | 9904 | -€1,252 | €6,567 | +€7,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,252 | €6,567 | +€7,819 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.