M GRAPHICS: 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.
M GRAPHICS
Largest movements
- Cash -€283
down €283 (-45.2%), from €626 to €343
mainly Net result for the year (-€1,912)
- Receivables within one year -€269
no longer reported in 2021 (was €269)
- Tangible fixed assets -€200
no longer reported in 2021 (was €200)
- Equity -€1,912
down €1,912 (-6.1%), from -€31,251 to -€33,163
of which Profit (loss) carried forward: -€1,912
- Debts within one year +€1,160
up €1,160 (+3.6%), from €32,346 to €33,507
of which Other debts: +€32,726
- Gross operating margin +€661
up €661 (+36.3%), from -€1,822 to -€1,160
- Other operating charges +€601
new in 2021: €601
- Depreciation -€200
no longer reported in 2021 (was €200)
- Financial charges +€151
new in 2021: €151
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
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,095 | €343 | -€751 | -68.6% |
| Fixed assets | 21/28 | €200 | - | -€200 | |
| Tangible fixed assets | 22/27 | €200 | - | -€200 | |
| Current assets | 29/58 | €895 | €343 | -€551 | -61.6% |
| Amounts receivable within one year | 40/41 | €269 | - | -€269 | |
| Cash at bank and in hand | 54/58 | €626 | €343 | -€283 | -45.2% |
| Total equity and liabilities | 10/49 | €1,095 | €343 | -€751 | -68.6% |
| Equity | 10/15 | -€31,251 | -€33,163 | -€1,912 | -6.1% |
| Contributions | 10/11 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€51,703 | -€53,614 | -€1,912 | -3.7% |
| Amounts payable | 17/49 | €32,346 | €33,507 | +€1,160 | +3.6% |
| Amounts payable within one year | 42/48 | €32,346 | €33,507 | +€1,160 | +3.6% |
| Trade debts | 44 | - | €781 | +€781 | |
| Suppliers | 440/4 | - | €781 | +€781 | |
| Other amounts payable | 47/48 | - | €32,726 | +€32,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | - | -€200 | |
| Other operating charges | 640/8 | - | €601 | +€601 | |
| Gross operating margin | 9900 | -€1,822 | -€1,160 | +€661 | +36.3% |
| Operating profit (loss) | 9901 | -€2,369 | -€1,761 | +€608 | +25.7% |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | - | €151 | +€151 | |
| Recurring financial charges | 65 | €359 | €151 | -€208 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,727 | -€1,912 | +€816 | +29.9% |
| Profit (loss) for the period | 9904 | -€2,727 | -€1,912 | +€816 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,727 | -€1,912 | +€816 | +29.9% |
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 18 October 2026 via checked.be.