MELIJN: 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.
MELIJN
Largest movements
- Tangible fixed assets +€35,648
up €35,648 (+23.8%), from €149,719 to €185,367
of which Other tangible fixed assets: +€159,331
- Debts +€45,159
up €45,159 (+18.9%), from €238,894 to €284,053
of which Debts within one year: +€63,703
- Equity -€8,456
down €8,456 (-16.4%), from -€51,610 to -€60,066
of which Profit (loss) carried forward: -€8,456
- Gross operating margin +€46,839
up €46,839 (+8059.8%), from €581 to €47,421
- Staff costs +€24,673
new in 2021: €24,673
- Depreciation +€11,945
up €11,945 (+95.9%), from €12,460 to €24,406
- Financial charges +€4,574
new in 2021: €4,574
- Other operating charges +€2,224
new in 2021: €2,224
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,284 | €223,987 | +€36,703 | +19.6% |
| Fixed assets | 21/28 | €152,531 | €188,180 | +€35,648 | +23.4% |
| Tangible fixed assets | 22/27 | €149,719 | €185,367 | +€35,648 | +23.8% |
| Plant, machinery and equipment | 23 | - | €16,526 | +€16,526 | |
| Furniture and vehicles | 24 | - | €9,510 | +€9,510 | |
| Other tangible fixed assets | 26 | - | €159,331 | +€159,331 | |
| Financial fixed assets | 28 | €2,813 | €2,813 | = | 0.0% |
| Current assets | 29/58 | €34,753 | €35,807 | +€1,055 | +3.0% |
| Stocks and contracts in progress | 3 | - | €7,500 | +€7,500 | |
| Stocks | 30/36 | - | €7,500 | +€7,500 | |
| Amounts receivable within one year | 40/41 | €28,898 | €19,729 | -€9,169 | -31.7% |
| Trade receivables | 40 | - | €19,623 | +€19,623 | |
| Other amounts receivable | 41 | - | €107 | +€107 | |
| Cash at bank and in hand | 54/58 | €3,462 | €8,468 | +€5,006 | +144.6% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €187,284 | €223,987 | +€36,703 | +19.6% |
| Equity | 10/15 | -€51,610 | -€60,066 | -€8,456 | -16.4% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€57,810 | -€66,266 | -€8,456 | -14.6% |
| Amounts payable | 17/49 | €238,894 | €284,053 | +€45,159 | +18.9% |
| Amounts payable after more than one year | 17 | €95,521 | €76,977 | -€18,544 | -19.4% |
| Financial debts | 170/4 | - | €76,977 | +€76,977 | |
| Amounts payable within one year | 42/48 | €142,849 | €206,552 | +€63,703 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,544 | +€18,544 | |
| Trade debts | 44 | €10,409 | €28,818 | +€18,409 | +176.9% |
| Suppliers | 440/4 | - | €28,818 | +€28,818 | |
| Advances received on contracts in progress | 46 | - | €1,293 | +€1,293 | |
| Taxes, remuneration and social security | 45 | - | €2,942 | +€2,942 | |
| Taxes | 450/3 | - | €766 | +€766 | |
| Remuneration and social security | 454/9 | - | €2,175 | +€2,175 | |
| Other amounts payable | 47/48 | - | €154,956 | +€154,956 | |
| Accrued charges and deferred income | 492/3 | - | €523 | +€523 | |
| Remuneration, social security and pensions | 62 | - | €24,673 | +€24,673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,460 | €24,406 | +€11,945 | +95.9% |
| Other operating charges | 640/8 | - | €2,224 | +€2,224 | |
| Gross operating margin | 9900 | €581 | €47,421 | +€46,839 | +8059.8% |
| Operating profit (loss) | 9901 | -€32,610 | -€3,882 | +€28,728 | +88.1% |
| Recurring financial income | 75 | €78 | - | -€78 | |
| Financial charges | 65/66B | - | €4,574 | +€4,574 | |
| Recurring financial charges | 65 | €3,224 | €4,574 | +€1,350 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | -€35,756 | -€8,456 | +€27,300 | +76.4% |
| Profit (loss) for the period | 9904 | -€35,756 | -€8,456 | +€27,300 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,756 | -€8,456 | +€27,300 | +76.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.