MANY: 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.
MANY
Largest movements
- Receivables within one year +€157,175
up €157,175 (+45.3%), from €347,008 to €504,183
- Equity +€148,057
up €148,057 (+43.6%), from €339,863 to €487,921
of which Profit (loss) carried forward: +€148,057
- Gross operating margin +€68,079
up €68,079 (+140%), from €48,500 to €116,579
From the 2011 result to the 2012 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 2011 and 2012 balance sheets and the 2012 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,213 | €507,720 | +€150,507 | +42.1% |
| Fixed assets | 21/28 | €7,088 | €2,146 | -€4,943 | -69.7% |
| Tangible fixed assets | 22/27 | €7,088 | €2,146 | -€4,943 | -69.7% |
| Current assets | 29/58 | €350,124 | €505,574 | +€155,450 | +44.4% |
| Amounts receivable within one year | 40/41 | €347,008 | €504,183 | +€157,175 | +45.3% |
| Current investments | 50/53 | €1,208 | €1,223 | +€15 | +1.3% |
| Cash at bank and in hand | 54/58 | €1,761 | €15 | -€1,746 | -99.1% |
| Total equity and liabilities | 10/49 | €357,213 | €507,720 | +€150,507 | +42.1% |
| Equity | 10/15 | €339,863 | €487,921 | +€148,057 | +43.6% |
| Contributions | 10/11 | €685,720 | €685,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€560,157 | -€412,100 | +€148,057 | +26.4% |
| Amounts payable | 17/49 | €17,349 | €19,799 | +€2,450 | +14.1% |
| Amounts payable within one year | 42/48 | €17,349 | €19,799 | +€2,450 | +14.1% |
| Trade debts | 44 | €10,252 | €14,516 | +€4,263 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,442 | €5,355 | -€1,087 | -16.9% |
| Gross operating margin | 9900 | €48,500 | €116,579 | +€68,079 | +140% |
| Operating profit (loss) | 9901 | €41,559 | €110,788 | +€69,229 | +167% |
| Recurring financial income | 75 | €24,683 | €37,648 | +€12,965 | +52.5% |
| Recurring financial charges | 65 | €396 | €379 | -€17 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €65,846 | €148,057 | +€82,211 | +125% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | €65,846 | €148,057 | +€82,212 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €65,846 | €148,057 | +€82,212 | +125% |
Source: filed annual accounts (NBB), financial years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.