M&S CORP: 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&S CORP
Largest movements
- Receivables within one year +€22,021
new in 2021: €22,021
of which Trade receivables: +€21,968
- Cash -€9,262
down €9,262 (-77.6%), from €11,934 to €2,673
mainly Receivables within one year (-€22,021) and Net result for the year (-€1,889)
- Other debts +€14,648
new in 2021: €14,648
- Profit (loss) carried forward -€1,889
down €1,889 (-334%), from -€566 to -€2,454
- Gross operating margin -€764
down €764 (-478%), from -€160 to -€924
- Staff costs +€719
new in 2021: €719
- Financial charges +€141
new in 2021: €141
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.
Derived cash bridge
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 | €11,934 | €24,694 | +€12,760 | +107% |
| Current assets | 29/58 | €11,934 | €24,694 | +€12,760 | +107% |
| Amounts receivable within one year | 40/41 | - | €22,021 | +€22,021 | |
| Trade receivables | 40 | - | €21,968 | +€21,968 | |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Cash at bank and in hand | 54/58 | €11,934 | €2,673 | -€9,262 | -77.6% |
| Total equity and liabilities | 10/49 | €11,934 | €24,694 | +€12,760 | +107% |
| Equity | 10/15 | €11,934 | €10,046 | -€1,889 | -15.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,500 | +€12,500 | |
| Other | 1109/19 | - | €12,500 | +€12,500 | |
| Profit (loss) carried forward | 14 | -€566 | -€2,454 | -€1,889 | -334% |
| Amounts payable | 17/49 | - | €14,648 | +€14,648 | |
| Amounts payable within one year | 42/48 | - | €14,648 | +€14,648 | |
| Other amounts payable | 47/48 | - | €14,648 | +€14,648 | |
| Remuneration, social security and pensions | 62 | - | €719 | +€719 | |
| Non-recurring operating charges | 66A | - | €105 | +€105 | |
| Gross operating margin | 9900 | -€160 | -€924 | -€764 | -478% |
| Operating profit (loss) | 9901 | -€160 | -€1,748 | -€1,588 | -993% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €141 | +€141 | |
| Recurring financial charges | 65 | €37 | €141 | +€104 | +284% |
| Profit (loss) for the period before taxes | 9903 | -€197 | -€1,889 | -€1,692 | -861% |
| Profit (loss) for the period | 9904 | -€197 | -€1,889 | -€1,692 | -861% |
| Profit (loss) for the period to be appropriated | 9905 | -€197 | -€1,889 | -€1,692 | -861% |
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 19 October 2026 via checked.be.