M.A. CONSULTANCY: 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.A. CONSULTANCY
Largest movements
- Cash -€356,229
down €356,229 (-41.7%), from €853,254 to €497,025
mainly Current investments (-€238,403) and Receivables within one year (-€99,299)
- Current investments +€238,403
up €238,403 (+31.2%), from €764,834 to €1.0m
- Receivables within one year +€99,299
up €99,299 (+39.6%), from €250,554 to €349,853
of which Trade receivables: +€50,449
- Tangible fixed assets -€55,353
down €55,353 (-2.9%), from €1.9m to €1.9m
of which Land and buildings: -€63,458
- Deferred charges and accrued income -€45,079
down €45,079 (-92.2%), from €48,908 to €3,829
- Debts after one year -€65,930
down €65,930 (-9.6%), from €690,146 to €624,216
- Profit (loss) carried forward -€54,310
down €54,310 (-3.8%), from €1.4m to €1.4m
- Gross operating margin -€76,074
down €76,074, from €74,263 to -€1,811
- Financial charges -€29,659
down €29,659 (-93.5%), from €31,711 to €2,053
of which Financial charges: -€28,679
- Taxes +€19,224
up €19,224, from -€15,877 to €3,348
- Financial income -€14,639
down €14,639 (-33.4%), from €43,777 to €29,138
- Depreciation -€14,326
down €14,326 (-16.9%), from €84,889 to €70,563
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 | €3,956,500 | €3,823,568 | -€132,932 | -3.4% |
| Fixed assets | 21/28 | €2,024,978 | €1,969,624 | -€55,353 | -2.7% |
| Tangible fixed assets | 22/27 | €1,922,778 | €1,867,424 | -€55,353 | -2.9% |
| Land and buildings | 22 | €1,866,502 | €1,803,044 | -€63,458 | -3.4% |
| Plant, machinery and equipment | 23 | €1,523 | €1,289 | -€234 | -15.4% |
| Furniture and vehicles | 24 | €18,063 | €27,150 | +€9,088 | +50.3% |
| Other tangible fixed assets | 26 | €36,690 | €35,942 | -€749 | -2.0% |
| Financial fixed assets | 28 | €102,200 | €102,200 | = | 0.0% |
| Current assets | 29/58 | €1,931,523 | €1,853,944 | -€77,579 | -4.0% |
| Amounts receivable after more than one year | 29 | €13,974 | - | -€13,974 | |
| Other amounts receivable | 291 | €13,974 | - | -€13,974 | |
| Amounts receivable within one year | 40/41 | €250,554 | €349,853 | +€99,299 | +39.6% |
| Trade receivables | 40 | €61,195 | €111,643 | +€50,449 | +82.4% |
| Other amounts receivable | 41 | €189,359 | €238,209 | +€48,851 | +25.8% |
| Current investments | 50/53 | €764,834 | €1,003,237 | +€238,403 | +31.2% |
| Cash at bank and in hand | 54/58 | €853,254 | €497,025 | -€356,229 | -41.7% |
| Deferred charges and accrued income | 490/1 | €48,908 | €3,829 | -€45,079 | -92.2% |
| Total equity and liabilities | 10/49 | €3,956,500 | €3,823,568 | -€132,932 | -3.4% |
| Equity | 10/15 | €2,907,027 | €2,852,717 | -€54,310 | -1.9% |
| Contributions | 10/11 | €1,245,900 | €1,245,900 | = | 0.0% |
| Reserves | 13 | €215,210 | €215,210 | = | 0.0% |
| Non-distributable reserves | 130/1 | €190,210 | €190,210 | = | 0.0% |
| Reserves not available under the articles | 1311 | €190,210 | €190,210 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,445,917 | €1,391,607 | -€54,310 | -3.8% |
| Provisions and deferred taxes | 16 | €155,000 | €150,000 | -€5,000 | -3.2% |
| Provisions for liabilities and charges | 160/5 | €155,000 | €150,000 | -€5,000 | -3.2% |
| Pensions and similar obligations | 160 | €150,000 | €150,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €5,000 | - | -€5,000 | |
| Amounts payable | 17/49 | €894,474 | €820,851 | -€73,622 | -8.2% |
| Amounts payable after more than one year | 17 | €690,146 | €624,216 | -€65,930 | -9.6% |
| Financial debts | 170/4 | €690,146 | €624,216 | -€65,930 | -9.6% |
| Amounts payable within one year | 42/48 | €204,327 | €196,635 | -€7,692 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €62,494 | €65,930 | +€3,436 | +5.5% |
| Trade debts | 44 | €33,877 | €18,949 | -€14,928 | -44.1% |
| Suppliers | 440/4 | €33,877 | €18,949 | -€14,928 | -44.1% |
| Taxes, remuneration and social security | 45 | €3,386 | €8,163 | +€4,776 | +141% |
| Taxes | 450/3 | €3,386 | €4,413 | +€1,026 | +30.3% |
| Remuneration and social security | 454/9 | - | €3,750 | +€3,750 | |
| Other amounts payable | 47/48 | €104,569 | €103,593 | -€976 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,889 | €70,563 | -€14,326 | -16.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€5,000 | -€5,000 | |
| Other operating charges | 640/8 | €21,456 | €10,673 | -€10,782 | -50.3% |
| Gross operating margin | 9900 | €74,263 | -€1,811 | -€76,074 | |
| Operating profit (loss) | 9901 | -€32,082 | -€78,048 | -€45,966 | -143% |
| Financial income | 75/76B | €43,777 | €29,138 | -€14,639 | -33.4% |
| Recurring financial income | 75 | €43,777 | €29,138 | -€14,639 | -33.4% |
| Financial charges | 65/66B | €31,711 | €2,053 | -€29,659 | -93.5% |
| Recurring financial charges | 65 | €30,731 | €2,053 | -€28,679 | -93.3% |
| Non-recurring financial charges | 66B | €980 | - | -€980 | |
| Profit (loss) for the period before taxes | 9903 | -€20,016 | -€50,962 | -€30,947 | -155% |
| Income taxes | 67/77 | -€15,877 | €3,348 | +€19,224 | |
| Profit (loss) for the period | 9904 | -€4,139 | -€54,310 | -€50,171 | -1,212% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,139 | -€54,310 | -€50,171 | -1,212% |
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 16 October 2026 via checked.be.