M&A FUTURE GROUP: 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 FUTURE GROUP
Largest movements
- Receivables within one year +€6,041
up €6,041 (+98.9%), from €6,110 to €12,150
of which Trade receivables: +€5,295
- Cash -€4,570
down €4,570 (-94.3%), from €4,846 to €276
mainly Receivables within one year (-€6,041) and Trade debts (-€2,228)
- Tangible fixed assets -€1,250
down €1,250 (-31.8%), from €3,928 to €2,678
- Deferred charges and accrued income +€284
new in 2024: €284
- Advances received +€3,142
new in 2024: €3,142
- Trade debts -€2,228
down €2,228 (-43.3%), from €5,146 to €2,917
- Profit (loss) carried forward -€1,284
down €1,284 (-42.0%), from €3,060 to €1,776
- Tax, wage and social debts +€875
up €875 (+23.3%), from €3,754 to €4,628
of which Remuneration and social security: +€722
- Gross operating margin -€12,031
down €12,031 (-84.0%), from €14,325 to €2,293
- Staff costs -€9,182
down €9,182 (-85.7%), from €10,715 to €1,533
- Other operating charges -€751
down €751 (-67.0%), from €1,121 to €370
- Depreciation +€178
up €178 (+16.6%), from €1,072 to €1,250
- Taxes +€154
new in 2024: €154
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.
Derived cash bridge
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 | €14,959 | €15,464 | +€504 | +3.4% |
| Fixed assets | 21/28 | €4,003 | €2,753 | -€1,250 | -31.2% |
| Tangible fixed assets | 22/27 | €3,928 | €2,678 | -€1,250 | -31.8% |
| Furniture and vehicles | 24 | €3,928 | €2,678 | -€1,250 | -31.8% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €10,956 | €12,710 | +€1,754 | +16.0% |
| Amounts receivable within one year | 40/41 | €6,110 | €12,150 | +€6,041 | +98.9% |
| Trade receivables | 40 | €5,039 | €10,333 | +€5,295 | +105% |
| Other amounts receivable | 41 | €1,071 | €1,817 | +€746 | +69.7% |
| Cash at bank and in hand | 54/58 | €4,846 | €276 | -€4,570 | -94.3% |
| Deferred charges and accrued income | 490/1 | - | €284 | +€284 | |
| Total equity and liabilities | 10/49 | €14,959 | €15,464 | +€504 | +3.4% |
| Equity | 10/15 | €6,060 | €4,776 | -€1,284 | -21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,060 | €1,776 | -€1,284 | -42.0% |
| Amounts payable | 17/49 | €8,899 | €10,688 | +€1,789 | +20.1% |
| Amounts payable within one year | 42/48 | €8,899 | €10,688 | +€1,789 | +20.1% |
| Trade debts | 44 | €5,146 | €2,917 | -€2,228 | -43.3% |
| Suppliers | 440/4 | €5,146 | €2,917 | -€2,228 | -43.3% |
| Advances received on contracts in progress | 46 | - | €3,142 | +€3,142 | |
| Taxes, remuneration and social security | 45 | €3,754 | €4,628 | +€875 | +23.3% |
| Taxes | 450/3 | €2,317 | €2,469 | +€153 | +6.6% |
| Remuneration and social security | 454/9 | €1,437 | €2,159 | +€722 | +50.2% |
| Remuneration, social security and pensions | 62 | €10,715 | €1,533 | -€9,182 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,072 | €1,250 | +€178 | +16.6% |
| Other operating charges | 640/8 | €1,121 | €370 | -€751 | -67.0% |
| Gross operating margin | 9900 | €14,325 | €2,293 | -€12,031 | -84.0% |
| Operating profit (loss) | 9901 | €1,418 | -€860 | -€2,277 | |
| Financial charges | 65/66B | €208 | €271 | +€62 | +29.9% |
| Recurring financial charges | 65 | €208 | €271 | +€62 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €1,209 | -€1,130 | -€2,340 | |
| Income taxes | 67/77 | - | €154 | +€154 | |
| Profit (loss) for the period | 9904 | €1,209 | -€1,284 | -€2,494 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,209 | -€1,284 | -€2,494 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.