MEGUSTA: 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.
MEGUSTA
Largest movements
- Receivables within one year -€5,481
down €5,481 (-64.5%), from €8,495 to €3,014
- Intangible fixed assets -€3,000
down €3,000 (-85.7%), from €3,500 to €500
- Tangible fixed assets -€2,073
down €2,073 (-44.3%), from €4,681 to €2,608
- Cash -€1,710
down €1,710 (-40.1%), from €4,269 to €2,559
mainly Debts within one year (-€9,902) and Net result for the year (-€1,495)
- Deferred charges and accrued income +€868
new in 2021: €868
- Debts within one year -€9,902
down €9,902 (-67.2%), from €14,740 to €4,838
- Equity -€1,495
down €1,495 (-15.5%), from €9,656 to €8,161
of which Profit (loss) carried forward: -€1,495
- Gross operating margin -€1,907
down €1,907 (-27.4%), from €6,966 to €5,060
- Other operating charges +€1,177
new in 2021: €1,177
- Financial charges +€374
new in 2021: €374
- Financial income +€70
new in 2021: €70
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 | €24,395 | €12,999 | -€11,396 | -46.7% |
| Fixed assets | 21/28 | €11,631 | €6,558 | -€5,073 | -43.6% |
| Intangible fixed assets | 21 | €3,500 | €500 | -€3,000 | -85.7% |
| Tangible fixed assets | 22/27 | €4,681 | €2,608 | -€2,073 | -44.3% |
| Plant, machinery and equipment | 23 | - | €2,269 | +€2,269 | |
| Furniture and vehicles | 24 | - | €339 | +€339 | |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €12,764 | €6,441 | -€6,323 | -49.5% |
| Amounts receivable within one year | 40/41 | €8,495 | €3,014 | -€5,481 | -64.5% |
| Trade receivables | 40 | - | €2,334 | +€2,334 | |
| Other amounts receivable | 41 | - | €680 | +€680 | |
| Cash at bank and in hand | 54/58 | €4,269 | €2,559 | -€1,710 | -40.1% |
| Deferred charges and accrued income | 490/1 | - | €868 | +€868 | |
| Total equity and liabilities | 10/49 | €24,395 | €12,999 | -€11,396 | -46.7% |
| Equity | 10/15 | €9,656 | €8,161 | -€1,495 | -15.5% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€8,944 | -€10,439 | -€1,495 | -16.7% |
| Amounts payable | 17/49 | €14,740 | €4,838 | -€9,902 | -67.2% |
| Amounts payable within one year | 42/48 | €14,740 | €4,838 | -€9,902 | -67.2% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €6,791 | €3,333 | -€3,459 | -50.9% |
| Suppliers | 440/4 | - | €3,333 | +€3,333 | |
| Other amounts payable | 47/48 | - | €1,496 | +€1,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,073 | €5,073 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,177 | +€1,177 | |
| Gross operating margin | 9900 | €6,966 | €5,060 | -€1,907 | -27.4% |
| Operating profit (loss) | 9901 | €1,275 | -€1,190 | -€2,465 | |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | €1 | €70 | +€69 | +6614.4% |
| Financial charges | 65/66B | - | €374 | +€374 | |
| Recurring financial charges | 65 | €333 | €374 | +€41 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €853 | -€1,495 | -€2,348 | |
| Profit (loss) for the period | 9904 | €853 | -€1,495 | -€2,348 | |
| Profit (loss) for the period to be appropriated | 9905 | €853 | -€1,495 | -€2,348 |
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.