MELANIE MASSONI: 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.
MELANIE MASSONI
Largest movements
- Receivables within one year +€156,965
up €156,965 (+872%), from €18,001 to €174,966
of which Trade receivables: +€146,570
- Stocks and contracts -€32,008
down €32,008 (-17.4%), from €184,027 to €152,019
- Financial fixed assets +€12,500
new in 2022: €12,500
- Trade debts +€135,524
up €135,524 (+385%), from €35,243 to €170,767
- Short-term financial debts +€27,520
new in 2022: €27,520
- Other debts -€17,825
no longer reported in 2022 (was €17,825)
- Current portion of long-term debt -€16,982
no longer reported in 2022 (was €16,982)
- Profit (loss) carried forward +€8,489
up €8,489 (+6.5%), from €130,597 to €139,086
- Gross operating margin -€22,767
down €22,767 (-27.5%), from €82,902 to €60,135
- Taxes -€8,612
down €8,612 (-56.8%), from €15,151 to €6,539
- Financial charges +€1,978
up €1,978 (+235%), from €840 to €2,818
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,707 | €351,971 | +€136,264 | +63.2% |
| Fixed assets | 21/28 | €10,938 | €24,270 | +€13,332 | +122% |
| Tangible fixed assets | 22/27 | €10,938 | €11,770 | +€832 | +7.6% |
| Furniture and vehicles | 24 | €10,938 | €11,770 | +€832 | +7.6% |
| Financial fixed assets | 28 | - | €12,500 | +€12,500 | |
| Current assets | 29/58 | €204,769 | €327,701 | +€122,932 | +60.0% |
| Stocks and contracts in progress | 3 | €184,027 | €152,019 | -€32,008 | -17.4% |
| Stocks | 30/36 | €184,027 | €152,019 | -€32,008 | -17.4% |
| Amounts receivable within one year | 40/41 | €18,001 | €174,966 | +€156,965 | +872% |
| Trade receivables | 40 | - | €146,570 | +€146,570 | |
| Other amounts receivable | 41 | €18,001 | €28,396 | +€10,395 | +57.7% |
| Cash at bank and in hand | 54/58 | €2,179 | €716 | -€1,463 | -67.2% |
| Deferred charges and accrued income | 490/1 | €562 | - | -€562 | |
| Total equity and liabilities | 10/49 | €215,707 | €351,971 | +€136,264 | +63.2% |
| Equity | 10/15 | €138,657 | €147,146 | +€8,489 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,597 | €139,086 | +€8,489 | +6.5% |
| Amounts payable | 17/49 | €77,050 | €204,825 | +€127,775 | +166% |
| Amounts payable within one year | 42/48 | €77,050 | €204,825 | +€127,775 | +166% |
| Current portion of amounts payable after more than one year | 42 | €16,982 | - | -€16,982 | |
| Financial debts | 43 | - | €27,520 | +€27,520 | |
| Credit institutions | 430/8 | - | €27,520 | +€27,520 | |
| Trade debts | 44 | €35,243 | €170,767 | +€135,524 | +385% |
| Suppliers | 440/4 | €35,243 | €170,767 | +€135,524 | +385% |
| Taxes, remuneration and social security | 45 | €7,000 | €6,539 | -€461 | -6.6% |
| Taxes | 450/3 | €7,000 | €6,539 | -€461 | -6.6% |
| Other amounts payable | 47/48 | €17,825 | - | -€17,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,120 | €1,367 | +€247 | +22.1% |
| Other operating charges | 640/8 | €1,106 | €1,320 | +€214 | +19.3% |
| Gross operating margin | 9900 | €82,902 | €60,135 | -€22,767 | -27.5% |
| Operating profit (loss) | 9901 | €80,676 | €57,448 | -€23,228 | -28.8% |
| Financial income | 75/76B | €638 | €398 | -€240 | -37.7% |
| Recurring financial income | 75 | €638 | €398 | -€240 | -37.7% |
| Financial charges | 65/66B | €840 | €2,818 | +€1,978 | +235% |
| Recurring financial charges | 65 | €840 | €2,818 | +€1,978 | +235% |
| Profit (loss) for the period before taxes | 9903 | €80,474 | €55,028 | -€25,446 | -31.6% |
| Income taxes | 67/77 | €15,151 | €6,539 | -€8,612 | -56.8% |
| Profit (loss) for the period | 9904 | €65,323 | €48,489 | -€16,834 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,323 | €48,489 | -€16,834 | -25.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.