M&D AGENCY: what changed
M&D AGENCY
Largest movements
- Tangible fixed assets -€3,440
down €3,440 (-92.6%), from €3,714 to €274
- Receivables within one year -€1,145
down €1,145 (-99.7%), from €1,149 to €3
- Cash -€729
down €729 (-48.4%), from €1,506 to €778
mainly Net result for the year (-€6,479) and Tax, wage and social debts (-€447)
- Financial fixed assets +€600
up €600 (+293%), from €205 to €805
- Profit (loss) carried forward -€6,479
down €6,479 (-107%), from -€6,073 to -€12,552
- Other debts +€2,097
up €2,097 (+22.2%), from €9,462 to €11,559
- Tax, wage and social debts -€447
down €447 (-31.2%), from €1,434 to €987
of which Remuneration and social security: -€634
- Trade debts +€116
up €116 (+15.5%), from €751 to €867
- Gross operating margin -€10,228
down €10,228, from €7,083 to -€3,145
- Staff costs -€5,817
no longer reported in 2024 (was €5,817)
- Other operating charges +€2,335
up €2,335 (+599%), from €390 to €2,725
- Depreciation -€1,105
down €1,105 (-80.0%), from €1,381 to €276
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,574 | €1,860 | -€4,714 | -71.7% |
| Fixed assets | 21/28 | €3,919 | €1,079 | -€2,840 | -72.5% |
| Tangible fixed assets | 22/27 | €3,714 | €274 | -€3,440 | -92.6% |
| Furniture and vehicles | 24 | €3,714 | €274 | -€3,440 | -92.6% |
| Financial fixed assets | 28 | €205 | €805 | +€600 | +293% |
| Current assets | 29/58 | €2,655 | €781 | -€1,874 | -70.6% |
| Amounts receivable within one year | 40/41 | €1,149 | €3 | -€1,145 | -99.7% |
| Trade receivables | 40 | €1,149 | €3 | -€1,145 | -99.7% |
| Cash at bank and in hand | 54/58 | €1,506 | €778 | -€729 | -48.4% |
| Total equity and liabilities | 10/49 | €6,574 | €1,860 | -€4,714 | -71.7% |
| Equity | 10/15 | -€5,073 | -€11,552 | -€6,479 | -128% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,073 | -€12,552 | -€6,479 | -107% |
| Amounts payable | 17/49 | €11,647 | €13,412 | +€1,766 | +15.2% |
| Amounts payable within one year | 42/48 | €11,647 | €13,412 | +€1,766 | +15.2% |
| Trade debts | 44 | €751 | €867 | +€116 | +15.5% |
| Suppliers | 440/4 | €751 | €867 | +€116 | +15.5% |
| Taxes, remuneration and social security | 45 | €1,434 | €987 | -€447 | -31.2% |
| Taxes | 450/3 | €800 | €987 | +€187 | +23.4% |
| Remuneration and social security | 454/9 | €634 | - | -€634 | |
| Other amounts payable | 47/48 | €9,462 | €11,559 | +€2,097 | +22.2% |
| Remuneration, social security and pensions | 62 | €5,817 | - | -€5,817 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €276 | -€1,105 | -80.0% |
| Other operating charges | 640/8 | €390 | €2,725 | +€2,335 | +599% |
| Gross operating margin | 9900 | €7,083 | -€3,145 | -€10,228 | |
| Operating profit (loss) | 9901 | -€505 | -€6,146 | -€5,641 | -1,117% |
| Financial income | 75/76B | €16 | €15 | -€2 | -11.8% |
| Recurring financial income | 75 | €16 | €15 | -€2 | -11.8% |
| Financial charges | 65/66B | €376 | €348 | -€28 | -7.5% |
| Recurring financial charges | 65 | €376 | €348 | -€28 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€864 | -€6,479 | -€5,615 | -650% |
| Profit (loss) for the period | 9904 | -€864 | -€6,479 | -€5,615 | -650% |
| Profit (loss) for the period to be appropriated | 9905 | -€864 | -€6,479 | -€5,615 | -650% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.