MADANI-SERVICES: 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.
MADANI-SERVICES
Largest movements
- Cash +€3,032
up €3,032 (+201.0%), from €1,508 to €4,540
mainly Other debts (+€3,956) and Net result for the year (+€2,962)
- Other debts +€3,956
up €3,956 (+66.8%), from €5,920 to €9,876
- Tax, wage and social debts -€3,886
no longer reported in 2021 (was €3,886)
of which Remuneration and social security: -€3,000
- Profit (loss) carried forward +€2,962
up €2,962, from -€2,728 to €234
- Taxes -€3,721
no longer reported in 2021 (was €3,721)
- Gross operating margin -€3,438
down €3,438 (-52.8%), from €6,515 to €3,077
- Financial charges +€65
up €65 (+132.0%), from €50 to €115
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.
Cash bridge derived
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 | €25,678 | €28,710 | +€3,032 | +11.8% |
| Fixed assets | 21/28 | €24,100 | €24,100 | = | 0.0% |
| Financial fixed assets | 28 | €24,100 | €24,100 | = | 0.0% |
| Current assets | 29/58 | €1,578 | €4,610 | +€3,032 | +192.1% |
| Amounts receivable within one year | 40/41 | €70 | €70 | = | 0.0% |
| Other amounts receivable | 41 | €70 | €70 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,508 | €4,540 | +€3,032 | +201.0% |
| Total equity and liabilities | 10/49 | €25,678 | €28,710 | +€3,032 | +11.8% |
| Equity | 10/15 | €15,872 | €18,834 | +€2,962 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,728 | €234 | +€2,962 | |
| Amounts payable | 17/49 | €9,806 | €9,876 | +€70 | +0.7% |
| Amounts payable within one year | 42/48 | €9,806 | €9,876 | +€70 | +0.7% |
| Taxes, remuneration and social security | 45 | €3,886 | - | -€3,886 | |
| Taxes | 450/3 | €886 | - | -€886 | |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €5,920 | €9,876 | +€3,956 | +66.8% |
| Gross operating margin | 9900 | €6,515 | €3,077 | -€3,438 | -52.8% |
| Operating profit (loss) | 9901 | €6,515 | €3,077 | -€3,438 | -52.8% |
| Financial charges | 65/66B | €50 | €115 | +€65 | +132.0% |
| Recurring financial charges | 65 | €50 | €115 | +€65 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €6,465 | €2,962 | -€3,503 | -54.2% |
| Income taxes | 67/77 | €3,721 | - | -€3,721 | |
| Profit (loss) for the period | 9904 | €2,744 | €2,962 | +€218 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,744 | €2,962 | +€218 | +7.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.