de MUNCK: 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.
de MUNCK
Largest movements
- Financial fixed assets +€350,000
up €350,000 (+700.0%), from €50,000 to €400,000
- Tangible fixed assets -€100,532
down €100,532 (-47.7%), from €210,715 to €110,184
- Receivables after one year +€85,405
up €85,405 (+1549.3%), from €5,513 to €90,918
- Receivables within one year +€13,082
up €13,082 (+53.3%), from €24,535 to €37,618
of which Trade receivables: +€13,082
- Debts after one year +€307,216
up €307,216 (+176.7%), from €173,901 to €481,117
of which Other amounts payable: +€349,220
- Trade debts +€32,431
up €32,431 (+135.8%), from €23,882 to €56,313
- Profit (loss) carried forward +€18,484
up €18,484 (+63.3%), from -€29,222 to -€10,738
- Other debts -€10,844
down €10,844 (-17.0%), from €63,948 to €53,103
- Financial income +€50,000
up €50,000, from €0 to €50,000
- Financial charges -€46,589
down €46,589 (-81.0%), from €57,546 to €10,956
- Gross operating margin -€33,953
down €33,953 (-61.8%), from €54,928 to €20,975
- Other operating charges +€7,406
up €7,406 (+83.2%), from €8,896 to €16,302
- Depreciation -€3,721
down €3,721 (-13.0%), from €28,682 to €24,960
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 | €300,757 | €647,173 | +€346,416 | +115.2% |
| Fixed assets | 21/28 | €260,715 | €510,184 | +€249,468 | +95.7% |
| Tangible fixed assets | 22/27 | €210,715 | €110,184 | -€100,532 | -47.7% |
| Plant, machinery and equipment | 23 | €12,597 | €8,608 | -€3,989 | -31.7% |
| Furniture and vehicles | 24 | €87,173 | €37,054 | -€50,119 | -57.5% |
| Leasing and similar rights | 25 | €75,958 | €32,576 | -€43,382 | -57.1% |
| Other tangible fixed assets | 26 | €34,987 | €31,946 | -€3,042 | -8.7% |
| Financial fixed assets | 28 | €50,000 | €400,000 | +€350,000 | +700.0% |
| Current assets | 29/58 | €40,041 | €136,990 | +€96,948 | +242.1% |
| Amounts receivable after more than one year | 29 | €5,513 | €90,918 | +€85,405 | +1549.3% |
| Other amounts receivable | 291 | €5,513 | €90,918 | +€85,405 | +1549.3% |
| Amounts receivable within one year | 40/41 | €24,535 | €37,618 | +€13,082 | +53.3% |
| Trade receivables | 40 | €24,535 | €37,618 | +€13,082 | +53.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,796 | €0 | -€5,796 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,198 | €8,454 | +€4,256 | +101.4% |
| Total equity and liabilities | 10/49 | €300,757 | €647,173 | +€346,416 | +115.2% |
| Equity | 10/15 | -€24,222 | -€5,738 | +€18,484 | +76.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,222 | -€10,738 | +€18,484 | +63.3% |
| Amounts payable | 17/49 | €324,978 | €652,911 | +€327,932 | +100.9% |
| Amounts payable after more than one year | 17 | €173,901 | €481,117 | +€307,216 | +176.7% |
| Financial debts | 170/4 | €151,026 | €109,023 | -€42,004 | -27.8% |
| Other amounts payable | 178/9 | €22,875 | €372,095 | +€349,220 | +1526.7% |
| Amounts payable within one year | 42/48 | €151,077 | €171,794 | +€20,717 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €55,612 | €56,000 | +€389 | +0.7% |
| Financial debts | 43 | - | €3,748 | +€3,748 | |
| Credit institutions | 430/8 | - | €2,804 | +€2,804 | |
| Other loans | 439 | - | €944 | +€944 | |
| Trade debts | 44 | €23,882 | €56,313 | +€32,431 | +135.8% |
| Suppliers | 440/4 | €23,882 | €56,313 | +€32,431 | +135.8% |
| Taxes, remuneration and social security | 45 | €7,636 | €2,629 | -€5,007 | -65.6% |
| Taxes | 450/3 | €7,636 | €2,629 | -€5,007 | -65.6% |
| Other amounts payable | 47/48 | €63,948 | €53,103 | -€10,844 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,682 | €24,960 | -€3,721 | -13.0% |
| Other operating charges | 640/8 | €8,896 | €16,302 | +€7,406 | +83.2% |
| Gross operating margin | 9900 | €54,928 | €20,975 | -€33,953 | -61.8% |
| Operating profit (loss) | 9901 | €17,350 | -€20,288 | -€37,638 | |
| Financial income | 75/76B | €0 | €50,000 | +€50,000 | |
| Recurring financial income | 75 | €0 | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €57,546 | €10,956 | -€46,589 | -81.0% |
| Recurring financial charges | 65 | €57,546 | €10,956 | -€46,589 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,195 | €18,756 | +€58,951 | |
| Income taxes | 67/77 | €418 | €272 | -€146 | -34.9% |
| Profit (loss) for the period | 9904 | -€40,613 | €18,484 | +€59,097 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,613 | €18,484 | +€59,097 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.