M-ACCOUNT SERVICES: 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-ACCOUNT SERVICES
Largest movements
- Receivables within one year -€24,058
down €24,058 (-20.5%), from €117,615 to €93,557
of which Trade receivables: -€24,703
- Cash +€17,345
up €17,345 (+76.8%), from €22,577 to €39,922
mainly Net result for the year (+€42,818) and Receivables within one year (+€24,058)
- Tangible fixed assets -€5,148
down €5,148 (-13.3%), from €38,672 to €33,524
of which Land and buildings: -€6,810
- Intangible fixed assets -€2,750
down €2,750 (-6.4%), from €42,822 to €40,072
- Reserves +€30,844
up €30,844 (+66.4%), from €46,450 to €77,294
- Other debts -€27,568
down €27,568 (-48.7%), from €56,605 to €29,037
- Tax, wage and social debts -€11,772
down €11,772 (-20.0%), from €58,995 to €47,223
of which Taxes: -€11,831
- Trade debts -€8,117
down €8,117 (-13.7%), from €59,217 to €51,101
- Provisions +€3,928
new in 2024: €3,928
- Staff costs -€9,960
down €9,960 (-32.4%), from €30,772 to €20,812
- Write-downs -€8,911
down €8,911 (-65.7%), from €13,561 to €4,650
- Provisions +€3,928
new in 2024: €3,928
- Taxes -€2,616
down €2,616 (-20.6%), from €12,700 to €10,085
- Financial charges +€2,602
up €2,602 (+476%), from €547 to €3,149
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 | €226,266 | €213,581 | -€12,685 | -5.6% |
| Fixed assets | 21/28 | €81,495 | €74,046 | -€7,448 | -9.1% |
| Intangible fixed assets | 21 | €42,822 | €40,072 | -€2,750 | -6.4% |
| Tangible fixed assets | 22/27 | €38,672 | €33,524 | -€5,148 | -13.3% |
| Land and buildings | 22 | €6,810 | - | -€6,810 | |
| Furniture and vehicles | 24 | €18,329 | €14,423 | -€3,906 | -21.3% |
| Other tangible fixed assets | 26 | €13,534 | €12,292 | -€1,243 | -9.2% |
| Assets under construction and advance payments | 27 | - | €6,810 | +€6,810 | |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €144,772 | €139,535 | -€5,237 | -3.6% |
| Amounts receivable within one year | 40/41 | €117,615 | €93,557 | -€24,058 | -20.5% |
| Trade receivables | 40 | €117,114 | €92,411 | -€24,703 | -21.1% |
| Other amounts receivable | 41 | €501 | €1,147 | +€645 | +129% |
| Cash at bank and in hand | 54/58 | €22,577 | €39,922 | +€17,345 | +76.8% |
| Deferred charges and accrued income | 490/1 | €4,579 | €6,056 | +€1,476 | +32.2% |
| Total equity and liabilities | 10/49 | €226,266 | €213,581 | -€12,685 | -5.6% |
| Equity | 10/15 | €51,450 | €82,294 | +€30,844 | +60.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,450 | €77,294 | +€30,844 | +66.4% |
| Distributable reserves | 133 | €46,450 | €77,294 | +€30,844 | +66.4% |
| Provisions and deferred taxes | 16 | - | €3,928 | +€3,928 | |
| Provisions for liabilities and charges | 160/5 | - | €3,928 | +€3,928 | |
| Other liabilities and charges | 164/5 | - | €3,928 | +€3,928 | |
| Amounts payable | 17/49 | €174,817 | €127,360 | -€47,457 | -27.1% |
| Amounts payable within one year | 42/48 | €174,817 | €127,360 | -€47,457 | -27.1% |
| Trade debts | 44 | €59,217 | €51,101 | -€8,117 | -13.7% |
| Suppliers | 440/4 | €59,217 | €51,101 | -€8,117 | -13.7% |
| Taxes, remuneration and social security | 45 | €58,995 | €47,223 | -€11,772 | -20.0% |
| Taxes | 450/3 | €51,076 | €39,244 | -€11,831 | -23.2% |
| Remuneration and social security | 454/9 | €7,919 | €7,978 | +€59 | +0.7% |
| Other amounts payable | 47/48 | €56,605 | €29,037 | -€27,568 | -48.7% |
| Remuneration, social security and pensions | 62 | €30,772 | €20,812 | -€9,960 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,958 | €15,925 | -€33 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,561 | €4,650 | -€8,911 | -65.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,928 | +€3,928 | |
| Other operating charges | 640/8 | €6,660 | €7,682 | +€1,022 | +15.3% |
| Gross operating margin | 9900 | €110,906 | €108,354 | -€2,552 | -2.3% |
| Operating profit (loss) | 9901 | €43,955 | €55,358 | +€11,403 | +25.9% |
| Financial income | 75/76B | €12 | €693 | +€680 | +5,487% |
| Recurring financial income | 75 | €12 | €693 | +€680 | +5,487% |
| Financial charges | 65/66B | €547 | €3,149 | +€2,602 | +476% |
| Recurring financial charges | 65 | €547 | €3,149 | +€2,602 | +476% |
| Profit (loss) for the period before taxes | 9903 | €43,420 | €52,902 | +€9,482 | +21.8% |
| Income taxes | 67/77 | €12,700 | €10,085 | -€2,616 | -20.6% |
| Profit (loss) for the period | 9904 | €30,720 | €42,818 | +€12,098 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,720 | €42,818 | +€12,098 | +39.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.