Midyat: 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.
Midyat
Largest movements
- Tangible fixed assets +€135,677
up €135,677 (+818%), from €16,595 to €152,272
of which Other tangible fixed assets: +€127,941
- Current assets +€61,199
up €61,199 (+85.1%), from €71,874 to €133,073
of which Receivables within one year: +€71,612
- Debts after one year +€87,769
new in 2021: €87,769
- Debts within one year +€83,126
up €83,126 (+133%), from €62,486 to €145,612
- Equity +€25,981
up €25,981 (+100.0%), from €25,982 to €51,964
of which Profit (loss) carried forward: +€25,981
- Gross operating margin +€258,433
up €258,433 (+701%), from €36,855 to €295,288
- Staff costs +€217,442
new in 2021: €217,442
- Depreciation +€14,558
up €14,558 (+277%), from €5,250 to €19,807
- Other operating charges +€13,496
new in 2021: €13,496
- Taxes +€13,425
new in 2021: €13,425
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.
Derived cash bridge
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 | €88,469 | €285,345 | +€196,876 | +223% |
| Fixed assets | 21/28 | €16,595 | €152,272 | +€135,677 | +818% |
| Tangible fixed assets | 22/27 | €16,595 | €152,272 | +€135,677 | +818% |
| Plant, machinery and equipment | 23 | - | €19,717 | +€19,717 | |
| Furniture and vehicles | 24 | - | €4,614 | +€4,614 | |
| Other tangible fixed assets | 26 | - | €127,941 | +€127,941 | |
| Current assets | 29/58 | €71,874 | €133,073 | +€61,199 | +85.1% |
| Stocks and contracts in progress | 3 | €5,325 | €1,025 | -€4,300 | -80.8% |
| Stocks | 30/36 | - | €1,025 | +€1,025 | |
| Amounts receivable within one year | 40/41 | €34,596 | €106,209 | +€71,612 | +207% |
| Trade receivables | 40 | - | €25,862 | +€25,862 | |
| Other amounts receivable | 41 | - | €80,347 | +€80,347 | |
| Cash at bank and in hand | 54/58 | €27,407 | €25,840 | -€1,568 | -5.7% |
| Total equity and liabilities | 10/49 | €88,469 | €285,345 | +€196,876 | +223% |
| Equity | 10/15 | €25,982 | €51,964 | +€25,981 | +100.0% |
| Contributions | 10/11 | - | €7,400 | +€7,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €16,722 | €42,704 | +€25,981 | +155% |
| Amounts payable | 17/49 | €62,486 | €233,381 | +€170,895 | +273% |
| Amounts payable after more than one year | 17 | - | €87,769 | +€87,769 | |
| Financial debts | 170/4 | - | €87,769 | +€87,769 | |
| Amounts payable within one year | 42/48 | €62,486 | €145,612 | +€83,126 | +133% |
| Current portion of amounts payable after more than one year | 42 | - | €28,913 | +€28,913 | |
| Trade debts | 44 | €48,359 | €85,296 | +€36,937 | +76.4% |
| Suppliers | 440/4 | - | €85,296 | +€85,296 | |
| Taxes, remuneration and social security | 45 | - | €31,403 | +€31,403 | |
| Taxes | 450/3 | - | €23,063 | +€23,063 | |
| Remuneration and social security | 454/9 | - | €8,339 | +€8,339 | |
| Remuneration, social security and pensions | 62 | - | €217,442 | +€217,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | €19,807 | +€14,558 | +277% |
| Other operating charges | 640/8 | - | €13,496 | +€13,496 | |
| Gross operating margin | 9900 | €36,855 | €295,288 | +€258,433 | +701% |
| Operating profit (loss) | 9901 | -€3,616 | €44,542 | +€48,158 | |
| Financial income | 75/76B | - | €6,259 | +€6,259 | |
| Recurring financial income | 75 | €782 | €3,461 | +€2,679 | +343% |
| Non-recurring financial income | 76B | - | €2,798 | +€2,798 | |
| Financial charges | 65/66B | - | €11,395 | +€11,395 | |
| Recurring financial charges | 65 | €1,170 | €10,266 | +€9,096 | +778% |
| Non-recurring financial charges | 66B | - | €1,129 | +€1,129 | |
| Profit (loss) for the period before taxes | 9903 | -€4,004 | €39,406 | +€43,410 | |
| Income taxes | 67/77 | - | €13,425 | +€13,425 | |
| Profit (loss) for the period | 9904 | -€4,004 | €25,981 | +€29,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,004 | €25,981 | +€29,985 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.