MEBIT: 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.
MEBIT
Largest movements
- Cash +€39,443
up €39,443 (+247.6%), from €15,927 to €55,370
mainly Net result for the year (+€52,831) and Debts within one year (+€26,828)
- Equity +€52,831
up €52,831 (+214.1%), from €24,678 to €77,509
of which Profit (loss) carried forward: +€52,831
- Debts after one year -€42,370
down €42,370 (-16.9%), from €250,900 to €208,530
- Debts within one year +€26,828
up €26,828 (+56.4%), from €47,564 to €74,392
of which Current portion of long-term debt: +€45,889
- Gross operating margin +€67,550
up €67,550 (+1048.9%), from €6,440 to €73,990
- Taxes +€17,321
up €17,321 (+1481.0%), from €1,170 to €18,491
- Financial charges +€2,313
new in 2021: €2,313
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 | €323,142 | €360,714 | +€37,573 | +11.6% |
| Fixed assets | 21/28 | €300,265 | €300,265 | = | 0.0% |
| Financial fixed assets | 28 | €300,265 | €300,265 | = | 0.0% |
| Current assets | 29/58 | €22,877 | €60,449 | +€37,573 | +164.2% |
| Amounts receivable within one year | 40/41 | €6,950 | €5,006 | -€1,944 | -28.0% |
| Trade receivables | 40 | - | €5,006 | +€5,006 | |
| Cash at bank and in hand | 54/58 | €15,927 | €55,370 | +€39,443 | +247.6% |
| Deferred charges and accrued income | 490/1 | - | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €323,142 | €360,714 | +€37,573 | +11.6% |
| Equity | 10/15 | €24,678 | €77,509 | +€52,831 | +214.1% |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €4,678 | €57,509 | +€52,831 | +1129.3% |
| Amounts payable | 17/49 | €298,463 | €283,205 | -€15,258 | -5.1% |
| Amounts payable after more than one year | 17 | €250,900 | €208,530 | -€42,370 | -16.9% |
| Financial debts | 170/4 | - | €208,530 | +€208,530 | |
| Amounts payable within one year | 42/48 | €47,564 | €74,392 | +€26,828 | +56.4% |
| Current portion of amounts payable after more than one year | 42 | - | €45,889 | +€45,889 | |
| Trade debts | 44 | €789 | €113 | -€676 | -85.6% |
| Suppliers | 440/4 | - | €113 | +€113 | |
| Taxes, remuneration and social security | 45 | - | €24,590 | +€24,590 | |
| Taxes | 450/3 | - | €24,590 | +€24,590 | |
| Other amounts payable | 47/48 | - | €3,800 | +€3,800 | |
| Accrued charges and deferred income | 492/3 | - | €283 | +€283 | |
| Other operating charges | 640/8 | - | €355 | +€355 | |
| Gross operating margin | 9900 | €6,440 | €73,990 | +€67,550 | +1048.9% |
| Operating profit (loss) | 9901 | €6,071 | €73,635 | +€67,564 | +1112.9% |
| Financial charges | 65/66B | - | €2,313 | +€2,313 | |
| Recurring financial charges | 65 | €223 | €2,313 | +€2,090 | +937.0% |
| Profit (loss) for the period before taxes | 9903 | €5,848 | €71,322 | +€65,474 | +1119.7% |
| Income taxes | 67/77 | €1,170 | €18,491 | +€17,321 | +1481.0% |
| Profit (loss) for the period | 9904 | €4,678 | €52,831 | +€48,153 | +1029.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,678 | €52,831 | +€48,153 | +1029.3% |
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.