M. + L. REALIS: 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.
M. + L. REALIS
Largest movements
- Receivables within one year -€3,808
down €3,808 (-50.3%), from €7,566 to €3,757
- Cash +€467
up €467 (+12.3%), from €3,793 to €4,259
mainly Receivables within one year (+€3,808) and Contributions, distributions and other (+€3,500)
- Debts within one year -€6,672
down €6,672 (-79.5%), from €8,393 to €1,721
- Contributions +€3,500
up €3,500 (+24.7%), from €14,197 to €17,697
- Profit (loss) carried forward -€170
down €170 (-1.5%), from -€11,232 to -€11,402
- Turnover +€8,100
new in 2020: €8,100
- Gross operating margin +€6,285
up €6,285 (+71.5%), from -€8,794 to -€2,509
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.
Derived cash bridge
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 | €11,359 | €8,017 | -€3,342 | -29.4% |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Current assets | 29/58 | €11,359 | €8,017 | -€3,342 | -29.4% |
| Amounts receivable within one year | 40/41 | €7,566 | €3,757 | -€3,808 | -50.3% |
| Cash at bank and in hand | 54/58 | €3,793 | €4,259 | +€467 | +12.3% |
| Total equity and liabilities | 10/49 | €11,359 | €8,017 | -€3,342 | -29.4% |
| Equity | 10/15 | €2,965 | €6,296 | +€3,330 | +112% |
| Contributions | 10/11 | €14,197 | €17,697 | +€3,500 | +24.7% |
| Profit (loss) carried forward | 14 | -€11,232 | -€11,402 | -€170 | -1.5% |
| Amounts payable | 17/49 | €8,393 | €1,721 | -€6,672 | -79.5% |
| Amounts payable within one year | 42/48 | €8,393 | €1,721 | -€6,672 | -79.5% |
| Trade debts | 44 | €5,938 | €1,721 | -€4,217 | -71.0% |
| Turnover | 70 | - | €8,100 | +€8,100 | |
| Gross operating margin | 9900 | -€8,794 | -€2,509 | +€6,285 | +71.5% |
| Operating profit (loss) | 9901 | -€8,966 | -€2,509 | +€6,457 | +72.0% |
| Recurring financial income | 75 | - | €2,500 | +€2,500 | |
| Recurring financial charges | 65 | €151 | €161 | +€10 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,102 | -€170 | +€8,933 | +98.1% |
| Profit (loss) for the period | 9904 | -€9,102 | -€170 | +€8,933 | +98.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,102 | -€170 | +€8,933 | +98.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.