CV - MB: 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.
CV - MB
Largest movements
- Receivables within one year +€21,632
up €21,632 (+389.9%), from €5,547 to €27,179
of which Trade receivables: +€22,383
- Tangible fixed assets +€15,882
up €15,882 (+1544.3%), from €1,028 to €16,910
of which Leasing and similar rights: +€9,811
- Deferred charges and accrued income +€7,607
up €7,607 (+297.3%), from €2,559 to €10,165
- Cash +€6,645
up €6,645 (+1238.5%), from €537 to €7,182
mainly Net result for the year (+€24,367) and Tax, wage and social debts (+€19,456)
- Stocks and contracts +€6,092
up €6,092 (+3364.9%), from €181 to €6,274
- Reserves +€20,000
up €20,000 (+400.0%), from €5,000 to €25,000
- Tax, wage and social debts +€19,456
up €19,456 (+937.6%), from €2,075 to €21,531
of which Taxes: +€9,825
- Debts after one year +€6,598
new in 2024: €6,598
- Profit (loss) carried forward +€3,534
up €3,534 (+352.2%), from €1,004 to €4,538
- Current portion of long-term debt +€3,390
new in 2024: €3,390
- Gross operating margin +€69,740
up €69,740 (+773.2%), from €9,019 to €78,760
- Staff costs +€38,332
new in 2024: €38,332
- Taxes +€8,134
up €8,134 (+392.0%), from €2,075 to €10,209
- Depreciation +€3,233
up €3,233 (+668.0%), from €484 to €3,717
- Financial charges +€1,801
up €1,801 (+1623.8%), from €111 to €1,912
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,322 | €70,618 | +€57,296 | +430.1% |
| Formation expenses | 20 | €3,470 | €2,704 | -€766 | -22.1% |
| Fixed assets | 21/28 | €1,028 | €17,115 | +€16,087 | +1564.2% |
| Tangible fixed assets | 22/27 | €1,028 | €16,910 | +€15,882 | +1544.3% |
| Furniture and vehicles | 24 | €1,028 | €7,099 | +€6,071 | +590.3% |
| Leasing and similar rights | 25 | - | €9,811 | +€9,811 | |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €8,824 | €50,800 | +€41,976 | +475.7% |
| Stocks and contracts in progress | 3 | €181 | €6,274 | +€6,092 | +3364.9% |
| Stocks | 30/36 | €181 | €6,274 | +€6,092 | +3364.9% |
| Amounts receivable within one year | 40/41 | €5,547 | €27,179 | +€21,632 | +389.9% |
| Trade receivables | 40 | €4,796 | €27,179 | +€22,383 | +466.7% |
| Other amounts receivable | 41 | €751 | - | -€751 | |
| Cash at bank and in hand | 54/58 | €537 | €7,182 | +€6,645 | +1238.5% |
| Deferred charges and accrued income | 490/1 | €2,559 | €10,165 | +€7,607 | +297.3% |
| Total equity and liabilities | 10/49 | €13,322 | €70,618 | +€57,296 | +430.1% |
| Equity | 10/15 | €6,504 | €30,038 | +€23,534 | +361.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €5,000 | €25,000 | +€20,000 | +400.0% |
| Distributable reserves | 133 | €5,000 | €25,000 | +€20,000 | +400.0% |
| Profit (loss) carried forward | 14 | €1,004 | €4,538 | +€3,534 | +352.2% |
| Amounts payable | 17/49 | €6,819 | €40,581 | +€33,762 | +495.1% |
| Amounts payable after more than one year | 17 | - | €6,598 | +€6,598 | |
| Financial debts | 170/4 | - | €6,598 | +€6,598 | |
| Amounts payable within one year | 42/48 | €6,819 | €33,648 | +€26,829 | +393.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,390 | +€3,390 | |
| Financial debts | 43 | - | €3,330 | +€3,330 | |
| Credit institutions | 430/8 | - | €3,330 | +€3,330 | |
| Trade debts | 44 | €0 | €2,031 | +€2,031 | |
| Suppliers | 440/4 | €0 | €2,031 | +€2,031 | |
| Taxes, remuneration and social security | 45 | €2,075 | €21,531 | +€19,456 | +937.6% |
| Taxes | 450/3 | €2,075 | €11,900 | +€9,825 | +473.5% |
| Remuneration and social security | 454/9 | - | €9,631 | +€9,631 | |
| Other amounts payable | 47/48 | €4,744 | €3,366 | -€1,378 | -29.0% |
| Accrued charges and deferred income | 492/3 | - | €335 | +€335 | |
| Remuneration, social security and pensions | 62 | - | €38,332 | +€38,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €3,717 | +€3,233 | +668.0% |
| Other operating charges | 640/8 | €346 | €389 | +€43 | +12.4% |
| Gross operating margin | 9900 | €9,019 | €78,760 | +€69,740 | +773.2% |
| Operating profit (loss) | 9901 | €8,189 | €36,322 | +€28,133 | +343.5% |
| Financial income | 75/76B | €0 | €166 | +€166 | +79057.1% |
| Recurring financial income | 75 | €0 | €166 | +€166 | +79057.1% |
| Financial charges | 65/66B | €111 | €1,912 | +€1,801 | +1623.8% |
| Recurring financial charges | 65 | €111 | €1,912 | +€1,801 | +1623.8% |
| Profit (loss) for the period before taxes | 9903 | €8,079 | €34,576 | +€26,497 | +328.0% |
| Income taxes | 67/77 | €2,075 | €10,209 | +€8,134 | +392.0% |
| Profit (loss) for the period | 9904 | €6,004 | €24,367 | +€18,364 | +305.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,004 | €24,367 | +€18,364 | +305.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.