MADELYN'S: 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.
MADELYN'S
Largest movements
- Receivables within one year +€1,182
up €1,182 (+6.4%), from €18,458 to €19,640
of which Trade receivables: +€17,380
- Debts within one year +€7,435
up €7,435 (+35.3%), from €21,048 to €28,483
of which Other debts: +€21,048
- Equity -€6,253
down €6,253 (-241%), from -€2,590 to -€8,843
of which Profit (loss) carried forward: -€6,253
- Gross operating margin -€8,894
down €8,894, from €3,167 to -€5,727
- Other operating charges +€448
new in 2021: €448
- Staff costs +€78
new in 2021: €78
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,458 | €19,640 | +€1,182 | +6.4% |
| Current assets | 29/58 | €18,458 | €19,640 | +€1,182 | +6.4% |
| Amounts receivable within one year | 40/41 | €18,458 | €19,640 | +€1,182 | +6.4% |
| Trade receivables | 40 | - | €17,380 | +€17,380 | |
| Other amounts receivable | 41 | - | €2,261 | +€2,261 | |
| Total equity and liabilities | 10/49 | €18,458 | €19,640 | +€1,182 | +6.4% |
| Equity | 10/15 | -€2,590 | -€8,843 | -€6,253 | -241% |
| Contributions | 10/11 | - | €6,205 | +€6,205 | |
| Contributions outside capital | 11 | - | €6,205 | +€6,205 | |
| Other | 1109/19 | - | €6,205 | +€6,205 | |
| Profit (loss) carried forward | 14 | -€8,795 | -€15,048 | -€6,253 | -71.1% |
| Amounts payable | 17/49 | €21,048 | €28,483 | +€7,435 | +35.3% |
| Amounts payable within one year | 42/48 | €21,048 | €28,483 | +€7,435 | +35.3% |
| Trade debts | 44 | - | €7,435 | +€7,435 | |
| Suppliers | 440/4 | - | €7,435 | +€7,435 | |
| Other amounts payable | 47/48 | - | €21,048 | +€21,048 | |
| Remuneration, social security and pensions | 62 | - | €78 | +€78 | |
| Other operating charges | 640/8 | - | €448 | +€448 | |
| Gross operating margin | 9900 | €3,167 | -€5,727 | -€8,894 | |
| Operating profit (loss) | 9901 | €3,167 | -€6,253 | -€9,420 | |
| Recurring financial income | 75 | €202 | - | -€202 | |
| Recurring financial charges | 65 | €1,557 | - | -€1,557 | |
| Profit (loss) for the period before taxes | 9903 | €1,812 | -€6,253 | -€8,065 | |
| Profit (loss) for the period | 9904 | €1,812 | -€6,253 | -€8,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,812 | -€6,253 | -€8,065 |
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 16 October 2026 via checked.be.