MAERLIN: 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.
MAERLIN
Largest movements
- Receivables within one year +€2,064
up €2,064 (+4.3%), from €48,217 to €50,281
- Equity +€1,480
up €1,480 (+4.2%), from €35,079 to €36,559
of which Contributions: +€6,200
- Debts within one year +€585
up €585 (+4.0%), from €14,806 to €15,391
of which Other debts: +€8,027
- Financial income +€3,070
new in 2021: €3,070
- Gross operating margin -€988
new in 2021: -€988
- Taxes -€632
down €632 (-54.4%), from €1,162 to €530
- Other operating charges +€55
new in 2021: €55
- Financial charges +€17
new in 2021: €17
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 | €49,885 | €51,951 | +€2,066 | +4.1% |
| Fixed assets | 21/28 | €1,668 | €1,668 | = | 0.0% |
| Financial fixed assets | 28 | €1,668 | €1,668 | = | 0.0% |
| Current assets | 29/58 | €48,217 | €50,283 | +€2,066 | +4.3% |
| Amounts receivable within one year | 40/41 | €48,217 | €50,281 | +€2,064 | +4.3% |
| Other amounts receivable | 41 | - | €50,281 | +€50,281 | |
| Cash at bank and in hand | 54/58 | - | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €49,885 | €51,951 | +€2,066 | +4.1% |
| Equity | 10/15 | €35,079 | €36,559 | +€1,480 | +4.2% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,170 | €1,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,170 | +€1,170 | |
| Reserves not available under the articles | 1311 | - | €1,170 | +€1,170 | |
| Profit (loss) carried forward | 14 | €27,709 | €29,190 | +€1,480 | +5.3% |
| Amounts payable | 17/49 | €14,806 | €15,391 | +€585 | +4.0% |
| Amounts payable within one year | 42/48 | €14,806 | €15,391 | +€585 | +4.0% |
| Trade debts | 44 | €4,606 | €5,649 | +€1,043 | +22.6% |
| Suppliers | 440/4 | - | €5,649 | +€5,649 | |
| Taxes, remuneration and social security | 45 | - | €1,716 | +€1,716 | |
| Taxes | 450/3 | - | €1,716 | +€1,716 | |
| Other amounts payable | 47/48 | - | €8,027 | +€8,027 | |
| Other operating charges | 640/8 | - | €55 | +€55 | |
| Gross operating margin | 9900 | - | -€988 | -€988 | |
| Operating profit (loss) | 9901 | - | -€1,043 | -€1,043 | |
| Financial income | 75/76B | - | €3,070 | +€3,070 | |
| Recurring financial income | 75 | €4,477 | €3,070 | -€1,407 | -31.4% |
| Financial charges | 65/66B | - | €17 | +€17 | |
| Recurring financial charges | 65 | €10 | €17 | +€7 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €4,467 | €2,011 | -€2,457 | -55.0% |
| Income taxes | 67/77 | €1,162 | €530 | -€632 | -54.4% |
| Profit (loss) for the period | 9904 | €3,305 | €1,480 | -€1,824 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,305 | €1,480 | -€1,824 | -55.2% |
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.