MYTELECOMS: 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.
MYTELECOMS
Largest movements
- Cash +€439,985
up €439,985 (+318.7%), from €138,066 to €578,051
mainly Accrued charges and deferred income (+€703,550) and Tax, wage and social debts (+€140,463)
- Receivables within one year +€415,386
up €415,386 (+169.7%), from €244,784 to €660,170
of which Trade receivables: +€428,162
- Accrued charges and deferred income +€703,550
new in 2022: €703,550
- Tax, wage and social debts +€140,463
up €140,463 (+454.2%), from €30,925 to €171,388
of which Taxes: +€80,481
- Trade debts +€78,551
up €78,551 (+34.0%), from €231,142 to €309,693
- Profit (loss) carried forward -€44,564
down €44,564 (-43.0%), from €103,570 to €59,006
- Current portion of long-term debt -€21,797
no longer reported in 2022 (was €21,797)
- Staff costs +€154,293
up €154,293 (+30.2%), from €510,795 to €665,088
- Gross operating margin +€107,109
up €107,109 (+17.9%), from €600,038 to €707,147
- Depreciation +€15,117
up €15,117 (+133.6%), from €11,313 to €26,430
- Other operating charges +€10,819
up €10,819 (+509.8%), from €2,122 to €12,941
- Taxes -€10,677
no longer reported in 2022 (was €10,677)
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.
Cash bridge derived
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 | €451,350 | €1,320,633 | +€869,283 | +192.6% |
| Fixed assets | 21/28 | €66,295 | €68,068 | +€1,773 | +2.7% |
| Tangible fixed assets | 22/27 | €61,689 | €63,462 | +€1,773 | +2.9% |
| Furniture and vehicles | 24 | €37,241 | €61,319 | +€24,078 | +64.7% |
| Leasing and similar rights | 25 | €21,876 | - | -€21,876 | |
| Other tangible fixed assets | 26 | €2,572 | €2,143 | -€429 | -16.7% |
| Financial fixed assets | 28 | €4,606 | €4,606 | = | 0.0% |
| Current assets | 29/58 | €385,055 | €1,252,565 | +€867,510 | +225.3% |
| Amounts receivable within one year | 40/41 | €244,784 | €660,170 | +€415,386 | +169.7% |
| Trade receivables | 40 | €218,095 | €646,257 | +€428,162 | +196.3% |
| Other amounts receivable | 41 | €26,689 | €13,913 | -€12,776 | -47.9% |
| Cash at bank and in hand | 54/58 | €138,066 | €578,051 | +€439,985 | +318.7% |
| Deferred charges and accrued income | 490/1 | €2,205 | €14,344 | +€12,139 | +550.5% |
| Total equity and liabilities | 10/49 | €451,350 | €1,320,633 | +€869,283 | +192.6% |
| Equity | 10/15 | €124,030 | €79,466 | -€44,564 | -35.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,570 | €59,006 | -€44,564 | -43.0% |
| Amounts payable | 17/49 | €327,320 | €1,241,167 | +€913,847 | +279.2% |
| Amounts payable within one year | 42/48 | €327,320 | €537,617 | +€210,297 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | €21,797 | - | -€21,797 | |
| Trade debts | 44 | €231,142 | €309,693 | +€78,551 | +34.0% |
| Suppliers | 440/4 | €231,142 | €309,693 | +€78,551 | +34.0% |
| Taxes, remuneration and social security | 45 | €30,925 | €171,388 | +€140,463 | +454.2% |
| Taxes | 450/3 | €19,996 | €100,477 | +€80,481 | +402.5% |
| Remuneration and social security | 454/9 | €10,929 | €70,911 | +€59,982 | +548.8% |
| Other amounts payable | 47/48 | €43,456 | €56,536 | +€13,080 | +30.1% |
| Accrued charges and deferred income | 492/3 | - | €703,550 | +€703,550 | |
| Remuneration, social security and pensions | 62 | €510,795 | €665,088 | +€154,293 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,313 | €26,430 | +€15,117 | +133.6% |
| Other operating charges | 640/8 | €2,122 | €12,941 | +€10,819 | +509.8% |
| Non-recurring operating charges | 66A | €2,306 | €2,410 | +€104 | +4.5% |
| Gross operating margin | 9900 | €600,038 | €707,147 | +€107,109 | +17.9% |
| Operating profit (loss) | 9901 | €73,502 | €278 | -€73,224 | -99.6% |
| Financial income | 75/76B | €22 | €31 | +€9 | +40.9% |
| Recurring financial income | 75 | €22 | €31 | +€9 | +40.9% |
| Financial charges | 65/66B | €19,284 | €18,942 | -€342 | -1.8% |
| Recurring financial charges | 65 | €19,284 | €18,942 | -€342 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €54,240 | -€18,633 | -€72,873 | |
| Income taxes | 67/77 | €10,677 | - | -€10,677 | |
| Profit (loss) for the period | 9904 | €43,563 | -€18,633 | -€62,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,563 | -€18,633 | -€62,196 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.