MYDEMA: 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.
MYDEMA
Largest movements
- Financial fixed assets +€61,434
up €61,434 (+8.1%), from €759,791 to €821,225
- Cash -€15,941
down €15,941 (-75.1%), from €21,234 to €5,293
mainly Investment in fixed assets (net) (-€72,209) and Tax, wage and social debts (-€19,305)
- Receivables within one year +€11,510
up €11,510 (+25.9%), from €44,359 to €55,869
of which Trade receivables: +€18,000
- Deferred charges and accrued income +€10,612
up €10,612 (+361.8%), from €2,934 to €13,546
- Other debts +€94,382
up €94,382 (+18.3%), from €516,038 to €610,420
- Tax, wage and social debts -€19,305
down €19,305 (-42.7%), from €45,196 to €25,891
of which Taxes: -€17,055
- Current portion of long-term debt -€10,116
down €10,116 (-48.9%), from €20,687 to €10,571
- Accrued charges and deferred income +€9,850
up €9,850 (+77.8%), from €12,663 to €22,513
- Financial charges +€24,691
up €24,691 (+141.5%), from €17,444 to €42,136
- Taxes -€7,361
down €7,361 (-66.5%), from €11,072 to €3,711
- Gross operating margin +€2,667
up €2,667 (+5.5%), from €48,154 to €50,821
- Depreciation +€2,155
up €2,155 (+355.8%), from €606 to €2,761
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €829,278 | €904,908 | +€75,630 | +9.1% |
| Fixed assets | 21/28 | €760,752 | €830,201 | +€69,448 | +9.1% |
| Tangible fixed assets | 22/27 | €961 | €8,976 | +€8,015 | +834.0% |
| Furniture and vehicles | 24 | €961 | €8,976 | +€8,015 | +834.0% |
| Financial fixed assets | 28 | €759,791 | €821,225 | +€61,434 | +8.1% |
| Current assets | 29/58 | €68,526 | €74,708 | +€6,182 | +9.0% |
| Amounts receivable within one year | 40/41 | €44,359 | €55,869 | +€11,510 | +25.9% |
| Trade receivables | 40 | €37,205 | €55,205 | +€18,000 | +48.4% |
| Other amounts receivable | 41 | €7,154 | €664 | -€6,490 | -90.7% |
| Cash at bank and in hand | 54/58 | €21,234 | €5,293 | -€15,941 | -75.1% |
| Deferred charges and accrued income | 490/1 | €2,934 | €13,546 | +€10,612 | +361.8% |
| Total equity and liabilities | 10/49 | €829,278 | €904,908 | +€75,630 | +9.1% |
| Equity | 10/15 | €223,113 | €227,071 | +€3,958 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €203,113 | €207,071 | +€3,958 | +1.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €201,113 | €205,071 | +€3,958 | +2.0% |
| Amounts payable | 17/49 | €606,166 | €677,837 | +€71,672 | +11.8% |
| Amounts payable within one year | 42/48 | €593,502 | €655,324 | +€61,822 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €20,687 | €10,571 | -€10,116 | -48.9% |
| Trade debts | 44 | €11,581 | €8,442 | -€3,139 | -27.1% |
| Suppliers | 440/4 | €11,581 | €8,442 | -€3,139 | -27.1% |
| Taxes, remuneration and social security | 45 | €45,196 | €25,891 | -€19,305 | -42.7% |
| Taxes | 450/3 | €42,946 | €25,891 | -€17,055 | -39.7% |
| Remuneration and social security | 454/9 | €2,250 | - | -€2,250 | |
| Other amounts payable | 47/48 | €516,038 | €610,420 | +€94,382 | +18.3% |
| Accrued charges and deferred income | 492/3 | €12,663 | €22,513 | +€9,850 | +77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €2,761 | +€2,155 | +355.8% |
| Other operating charges | 640/8 | €836 | €1,162 | +€326 | +39.0% |
| Gross operating margin | 9900 | €48,154 | €50,821 | +€2,667 | +5.5% |
| Operating profit (loss) | 9901 | €46,712 | €46,898 | +€186 | +0.4% |
| Financial income | 75/76B | €2,934 | €2,907 | -€27 | -0.9% |
| Recurring financial income | 75 | €2,934 | €2,907 | -€27 | -0.9% |
| Financial charges | 65/66B | €17,444 | €42,136 | +€24,691 | +141.5% |
| Recurring financial charges | 65 | €17,444 | €42,136 | +€24,691 | +141.5% |
| Profit (loss) for the period before taxes | 9903 | €32,201 | €7,669 | -€24,532 | -76.2% |
| Income taxes | 67/77 | €11,072 | €3,711 | -€7,361 | -66.5% |
| Profit (loss) for the period | 9904 | €21,129 | €3,958 | -€17,171 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,129 | €3,958 | -€17,171 | -81.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.