M&N TRADE: 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&N TRADE
Largest movements
- Cash -€31
no longer reported in 2023 (was €31)
mainly Net result for the year (-€2,162) and Trade debts (-€360)
- Other debts +€2,492
up €2,492 (+40.0%), from €6,233 to €8,724
- Profit (loss) carried forward -€2,162
down €2,162 (-9.1%), from -€23,773 to -€25,934
- Trade debts -€360
down €360 (-23.0%), from €1,570 to €1,210
- Gross operating margin +€7,393
up €7,393 (+82.1%), from -€9,010 to -€1,617
- Financial charges -€115
down €115 (-69.2%), from €166 to €51
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 | €31 | - | -€31 | |
| Current assets | 29/58 | €31 | - | -€31 | |
| Cash at bank and in hand | 54/58 | €31 | - | -€31 | |
| Total equity and liabilities | 10/49 | €31 | - | -€31 | |
| Equity | 10/15 | -€7,773 | -€9,934 | -€2,162 | -27.8% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,773 | -€25,934 | -€2,162 | -9.1% |
| Amounts payable | 17/49 | €7,803 | €9,934 | +€2,131 | +27.3% |
| Amounts payable within one year | 42/48 | €7,803 | €9,934 | +€2,131 | +27.3% |
| Trade debts | 44 | €1,570 | €1,210 | -€360 | -23.0% |
| Suppliers | 440/4 | €1,570 | €1,210 | -€360 | -23.0% |
| Other amounts payable | 47/48 | €6,233 | €8,724 | +€2,492 | +40.0% |
| Other operating charges | 640/8 | €450 | €493 | +€44 | +9.8% |
| Gross operating margin | 9900 | -€9,010 | -€1,617 | +€7,393 | +82.1% |
| Operating profit (loss) | 9901 | -€9,460 | -€2,110 | +€7,349 | +77.7% |
| Financial charges | 65/66B | €166 | €51 | -€115 | -69.2% |
| Recurring financial charges | 65 | €166 | €51 | -€115 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,626 | -€2,162 | +€7,464 | +77.5% |
| Profit (loss) for the period | 9904 | -€9,626 | -€2,162 | +€7,464 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,626 | -€2,162 | +€7,464 | +77.5% |
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 1 November 2026 via checked.be.