AL MASSA: 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.
AL MASSA
Largest movements
- Receivables within one year +€46,651
up €46,651 (+1,048%), from €4,454 to €51,105
of which Trade receivables: +€36,463
- Deferred charges and accrued income -€25,000
no longer reported in 2023 (was €25,000)
- Cash +€20,735
up €20,735 (+114%), from €18,177 to €38,912
mainly Tax, wage and social debts (+€41,278) and Net result for the year (+€25,265)
- Tangible fixed assets +€5,448
up €5,448 (+15.6%), from €34,989 to €40,437
- Tax, wage and social debts +€41,278
up €41,278 (+99.5%), from €41,485 to €82,763
of which Remuneration and social security: +€30,156
- Profit (loss) carried forward +€25,265
up €25,265 (+189%), from €13,375 to €38,640
- Trade debts -€13,110
down €13,110 (-80.0%), from €16,377 to €3,268
- Other debts -€5,081
down €5,081 (-30.7%), from €16,533 to €11,452
- Gross operating margin +€30,151
up €30,151 (+73.4%), from €41,091 to €71,242
- Taxes +€7,170
up €7,170 (+181%), from €3,953 to €11,122
- Financial charges +€4,033
up €4,033 (+465%), from €867 to €4,900
- Other operating charges -€2,412
down €2,412 (-31.3%), from €7,701 to €5,289
- Provisions +€1,866
new in 2023: €1,866
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.
Derived cash bridge
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 | €92,770 | €141,122 | +€48,352 | +52.1% |
| Fixed assets | 21/28 | €45,139 | €51,105 | +€5,966 | +13.2% |
| Intangible fixed assets | 21 | - | €518 | +€518 | |
| Tangible fixed assets | 22/27 | €34,989 | €40,437 | +€5,448 | +15.6% |
| Plant, machinery and equipment | 23 | €34,989 | €40,437 | +€5,448 | +15.6% |
| Financial fixed assets | 28 | €10,150 | €10,150 | = | 0.0% |
| Current assets | 29/58 | €47,631 | €90,017 | +€42,386 | +89.0% |
| Amounts receivable within one year | 40/41 | €4,454 | €51,105 | +€46,651 | +1,048% |
| Trade receivables | 40 | €1,208 | €37,671 | +€36,463 | +3,017% |
| Other amounts receivable | 41 | €3,245 | €13,434 | +€10,188 | +314% |
| Cash at bank and in hand | 54/58 | €18,177 | €38,912 | +€20,735 | +114% |
| Deferred charges and accrued income | 490/1 | €25,000 | - | -€25,000 | |
| Total equity and liabilities | 10/49 | €92,770 | €141,122 | +€48,352 | +52.1% |
| Equity | 10/15 | €18,375 | €43,640 | +€25,265 | +137% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,375 | €38,640 | +€25,265 | +189% |
| Amounts payable | 17/49 | €74,395 | €97,483 | +€23,087 | +31.0% |
| Amounts payable within one year | 42/48 | €74,395 | €97,483 | +€23,087 | +31.0% |
| Trade debts | 44 | €16,377 | €3,268 | -€13,110 | -80.0% |
| Suppliers | 440/4 | €16,377 | €3,268 | -€13,110 | -80.0% |
| Taxes, remuneration and social security | 45 | €41,485 | €82,763 | +€41,278 | +99.5% |
| Taxes | 450/3 | €3,953 | €15,075 | +€11,122 | +281% |
| Remuneration and social security | 454/9 | €37,532 | €67,688 | +€30,156 | +80.3% |
| Other amounts payable | 47/48 | €16,533 | €11,452 | -€5,081 | -30.7% |
| Remuneration, social security and pensions | 62 | €15,471 | €16,953 | +€1,483 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,942 | €5,847 | -€95 | -1.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €1,866 | +€1,866 | |
| Other operating charges | 640/8 | €7,701 | €5,289 | -€2,412 | -31.3% |
| Gross operating margin | 9900 | €41,091 | €71,242 | +€30,151 | +73.4% |
| Operating profit (loss) | 9901 | €11,977 | €41,287 | +€29,310 | +245% |
| Financial charges | 65/66B | €867 | €4,900 | +€4,033 | +465% |
| Recurring financial charges | 65 | €867 | €4,900 | +€4,033 | +465% |
| Profit (loss) for the period before taxes | 9903 | €11,110 | €36,387 | +€25,277 | +228% |
| Income taxes | 67/77 | €3,953 | €11,122 | +€7,170 | +181% |
| Profit (loss) for the period | 9904 | €7,157 | €25,265 | +€18,108 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €7,157 | €25,265 | +€18,108 | +253% |
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 17 October 2026 via checked.be.