MADE 2: 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.
MADE 2
Largest movements
- Cash -€2,349
down €2,349 (-51.6%), from €4,551 to €2,202
mainly Net result for the year (-€3,136)
- Profit (loss) carried forward -€3,136
down €3,136 (-38.3%), from €8,196 to €5,061
- Gross operating margin -€9,475
down €9,475, from €7,142 to -€2,334
- Other operating charges -€420
down €420 (-36.0%), from €1,166 to €746
- Financial charges -€81
down €81 (-59.1%), from €137 to €56
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 | €99,450 | €97,036 | -€2,414 | -2.4% |
| Fixed assets | 21/28 | €248 | €248 | = | 0.0% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €99,202 | €96,788 | -€2,414 | -2.4% |
| Amounts receivable within one year | 40/41 | €94,550 | €94,485 | -€65 | -0.1% |
| Trade receivables | 40 | €23,010 | €23,010 | = | 0.0% |
| Other amounts receivable | 41 | €71,540 | €71,475 | -€65 | -0.1% |
| Cash at bank and in hand | 54/58 | €4,551 | €2,202 | -€2,349 | -51.6% |
| Deferred charges and accrued income | 490/1 | €101 | €101 | = | 0.0% |
| Total equity and liabilities | 10/49 | €99,450 | €97,036 | -€2,414 | -2.4% |
| Equity | 10/15 | €72,464 | €69,328 | -€3,136 | -4.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,294 | €2,294 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,294 | €2,294 | = | 0.0% |
| Legal reserve | 130 | €2,294 | €2,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,196 | €5,061 | -€3,136 | -38.3% |
| Amounts payable | 17/49 | €26,986 | €27,708 | +€722 | +2.7% |
| Amounts payable within one year | 42/48 | €26,986 | €27,708 | +€722 | +2.7% |
| Trade debts | 44 | €15,922 | €15,963 | +€41 | +0.3% |
| Suppliers | 440/4 | €15,922 | €15,963 | +€41 | +0.3% |
| Taxes, remuneration and social security | 45 | €9,574 | €9,574 | = | 0.0% |
| Taxes | 450/3 | €9,574 | €9,574 | = | 0.0% |
| Other amounts payable | 47/48 | €1,490 | €2,171 | +€681 | +45.7% |
| Other operating charges | 640/8 | €1,166 | €746 | -€420 | -36.0% |
| Gross operating margin | 9900 | €7,142 | -€2,334 | -€9,475 | |
| Operating profit (loss) | 9901 | €5,976 | -€3,080 | -€9,056 | |
| Financial charges | 65/66B | €137 | €56 | -€81 | -59.1% |
| Recurring financial charges | 65 | €137 | €56 | -€81 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €5,840 | -€3,136 | -€8,975 | |
| Profit (loss) for the period | 9904 | €5,840 | -€3,136 | -€8,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,840 | -€3,136 | -€8,975 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.