M & C BELGIUM: 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 & C BELGIUM
Largest movements
- Receivables within one year +€69,571
up €69,571 (+401%), from €17,338 to €86,909
of which Other amounts receivable: +€69,498
- Tangible fixed assets -€4,088
down €4,088 (-47.5%), from €8,610 to €4,522
- Cash -€1,549
down €1,549 (-59.4%), from €2,606 to €1,057
mainly Receivables within one year (-€69,571)
- Profit (loss) carried forward +€55,312
up €55,312 (+301%), from €18,349 to €73,661
- Accrued charges and deferred income +€4,835
new in 2024: €4,835
- Tax, wage and social debts +€3,285
up €3,285 (+34.8%), from €9,444 to €12,729
- Gross operating margin +€32,699
up €32,699, from -€5,523 to €27,176
- Purchases and services +€11,542
up €11,542 (+9.9%), from €116,602 to €128,144
- Taxes +€4,684
up €4,684, from -€50 to €4,634
- Financial charges +€2,824
up €2,824 (+404%), from €700 to €3,524
- Financial income +€2,687
up €2,687 (+359%), from €748 to €3,435
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 | €34,054 | €97,989 | +€63,935 | +188% |
| Fixed assets | 21/28 | €14,110 | €10,022 | -€4,088 | -29.0% |
| Tangible fixed assets | 22/27 | €8,610 | €4,522 | -€4,088 | -47.5% |
| Furniture and vehicles | 24 | €8,610 | €4,522 | -€4,088 | -47.5% |
| Financial fixed assets | 28 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €19,944 | €87,967 | +€68,023 | +341% |
| Amounts receivable within one year | 40/41 | €17,338 | €86,909 | +€69,571 | +401% |
| Trade receivables | 40 | €8,076 | €8,149 | +€73 | +0.9% |
| Other amounts receivable | 41 | €9,262 | €78,760 | +€69,498 | +750% |
| Cash at bank and in hand | 54/58 | €2,606 | €1,057 | -€1,549 | -59.4% |
| Total equity and liabilities | 10/49 | €34,054 | €97,989 | +€63,935 | +188% |
| Equity | 10/15 | €24,549 | €79,861 | +€55,312 | +225% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,349 | €73,661 | +€55,312 | +301% |
| Amounts payable | 17/49 | €9,505 | €18,128 | +€8,623 | +90.7% |
| Amounts payable within one year | 42/48 | €9,505 | €13,293 | +€3,788 | +39.8% |
| Trade debts | 44 | €61 | €564 | +€503 | +820% |
| Suppliers | 440/4 | €61 | €564 | +€503 | +820% |
| Taxes, remuneration and social security | 45 | €9,444 | €12,729 | +€3,285 | +34.8% |
| Taxes | 450/3 | €9,444 | €12,729 | +€3,285 | +34.8% |
| Accrued charges and deferred income | 492/3 | - | €4,835 | +€4,835 | |
| Goods, raw materials, services and sundry goods | 60/61 | €116,602 | €128,144 | +€11,542 | +9.9% |
| Remuneration, social security and pensions | 62 | €232 | - | -€232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,209 | €2,175 | -€1,034 | -32.2% |
| Other operating charges | 640/8 | €1,673 | €2,751 | +€1,078 | +64.4% |
| Non-recurring operating charges | 66A | - | €4,250 | +€4,250 | |
| Gross operating margin | 9900 | -€5,523 | €27,176 | +€32,699 | |
| Operating profit (loss) | 9901 | -€10,636 | €18,001 | +€28,637 | |
| Financial income | 75/76B | €748 | €3,435 | +€2,687 | +359% |
| Recurring financial income | 75 | €748 | €3,435 | +€2,687 | +359% |
| Financial charges | 65/66B | €700 | €3,524 | +€2,824 | +404% |
| Recurring financial charges | 65 | €700 | €3,524 | +€2,824 | +404% |
| Profit (loss) for the period before taxes | 9903 | -€10,588 | €17,913 | +€28,501 | |
| Income taxes | 67/77 | -€50 | €4,634 | +€4,684 | |
| Profit (loss) for the period | 9904 | -€10,538 | €13,279 | +€23,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,538 | €13,279 | +€23,817 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.