MDCMDLM: what changed
MDCMDLM
Largest movements
- Current assets -€23,291
down €23,291 (-27.9%), from €83,602 to €60,311
of which Receivables within one year: -€20,107
- Tangible fixed assets -€7,019
down €7,019 (-20.7%), from €33,952 to €26,933
- Equity -€15,358
down €15,358 (-19.0%), from €80,663 to €65,304
of which Profit (loss) carried forward: -€15,358
- Debts within one year -€8,700
down €8,700 (-56.3%), from €15,440 to €6,740
- Debts after one year -€6,252
down €6,252 (-29.1%), from €21,451 to €15,199
- Gross operating margin -€116,789
down €116,789, from €111,307 to -€5,482
- Taxes -€27,989
down €27,989, from €27,989 to -€0
- Depreciation +€2,135
up €2,135 (+30.4%), from €7,024 to €9,158
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,554 | €87,244 | -€30,310 | -25.8% |
| Fixed assets | 21/28 | €33,952 | €26,933 | -€7,019 | -20.7% |
| Tangible fixed assets | 22/27 | €33,952 | €26,933 | -€7,019 | -20.7% |
| Plant, machinery and equipment | 23 | - | €1,785 | +€1,785 | |
| Furniture and vehicles | 24 | - | €25,149 | +€25,149 | |
| Current assets | 29/58 | €83,602 | €60,311 | -€23,291 | -27.9% |
| Amounts receivable within one year | 40/41 | €20,107 | - | -€20,107 | |
| Cash at bank and in hand | 54/58 | €63,206 | €60,213 | -€2,993 | -4.7% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €117,554 | €87,244 | -€30,310 | -25.8% |
| Equity | 10/15 | €80,663 | €65,304 | -€15,358 | -19.0% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €60,663 | €60,663 | = | 0.0% |
| Distributable reserves | 133 | - | €60,663 | +€60,663 | |
| Profit (loss) carried forward | 14 | €15,000 | -€358 | -€15,358 | |
| Amounts payable | 17/49 | €36,891 | €21,940 | -€14,952 | -40.5% |
| Amounts payable after more than one year | 17 | €21,451 | €15,199 | -€6,252 | -29.1% |
| Financial debts | 170/4 | - | €15,199 | +€15,199 | |
| Amounts payable within one year | 42/48 | €15,440 | €6,740 | -€8,700 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,252 | +€6,252 | |
| Trade debts | 44 | €2,102 | - | -€2,102 | |
| Taxes, remuneration and social security | 45 | - | €489 | +€489 | |
| Taxes | 450/3 | - | €489 | +€489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,024 | €9,158 | +€2,135 | +30.4% |
| Gross operating margin | 9900 | €111,307 | -€5,482 | -€116,789 | |
| Operating profit (loss) | 9901 | €104,234 | -€14,640 | -€118,874 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €719 | +€719 | |
| Recurring financial charges | 65 | €582 | €719 | +€136 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €103,652 | -€15,358 | -€119,010 | |
| Income taxes | 67/77 | €27,989 | -€0 | -€27,989 | |
| Profit (loss) for the period | 9904 | €75,663 | -€15,358 | -€91,021 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,663 | -€15,358 | -€91,021 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.