M&O BOUW: 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&O BOUW
Largest movements
- Receivables within one year +€52,181
up €52,181 (+213%), from €24,457 to €76,638
of which Other amounts receivable: +€58,129
- Tangible fixed assets +€42,518
new in 2023: €42,518
of which Furniture and vehicles: +€41,338
- Cash -€7,763
down €7,763 (-22.6%), from €34,412 to €26,649
mainly Receivables within one year (-€52,181) and Investment in fixed assets (net) (-€49,550)
- Tax, wage and social debts +€50,282
up €50,282 (+108,086%), from €47 to €50,328
- Debts after one year +€27,833
new in 2023: €27,833
- Profit (loss) carried forward +€11,504
up €11,504 (+20.9%), from €55,140 to €66,644
- Trade debts -€1,682
down €1,682 (-100%), from €1,682 to €0
- Gross operating margin -€33,143
down €33,143 (-59.0%), from €56,204 to €23,061
- Depreciation +€7,032
new in 2023: €7,032
- Other operating charges +€2,935
new in 2023: €2,935
- Financial charges +€937
up €937 (+1,431%), from €66 to €1,003
- Staff costs +€587
new in 2023: €587
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 | €58,869 | €145,805 | +€86,936 | +148% |
| Fixed assets | 21/28 | - | €42,518 | +€42,518 | |
| Tangible fixed assets | 22/27 | - | €42,518 | +€42,518 | |
| Plant, machinery and equipment | 23 | - | €1,180 | +€1,180 | |
| Furniture and vehicles | 24 | - | €41,338 | +€41,338 | |
| Current assets | 29/58 | €58,869 | €103,286 | +€44,418 | +75.5% |
| Amounts receivable within one year | 40/41 | €24,457 | €76,638 | +€52,181 | +213% |
| Trade receivables | 40 | €23,071 | €17,123 | -€5,948 | -25.8% |
| Other amounts receivable | 41 | €1,386 | €59,515 | +€58,129 | +4,193% |
| Cash at bank and in hand | 54/58 | €34,412 | €26,649 | -€7,763 | -22.6% |
| Total equity and liabilities | 10/49 | €58,869 | €145,805 | +€86,936 | +148% |
| Equity | 10/15 | €56,140 | €67,644 | +€11,504 | +20.5% |
| Contributions | 10/11 | - | €0 | = | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,140 | €66,644 | +€11,504 | +20.9% |
| Amounts payable | 17/49 | €2,729 | €78,161 | +€75,432 | +2,765% |
| Amounts payable after more than one year | 17 | - | €27,833 | +€27,833 | |
| Financial debts | 170/4 | - | €27,833 | +€27,833 | |
| Amounts payable within one year | 42/48 | €2,729 | €50,328 | +€47,599 | +1,744% |
| Trade debts | 44 | €1,682 | €0 | -€1,682 | -100% |
| Suppliers | 440/4 | €1,682 | €0 | -€1,682 | -100% |
| Taxes, remuneration and social security | 45 | €47 | €50,328 | +€50,282 | +108,086% |
| Remuneration and social security | 454/9 | €47 | €50,328 | +€50,282 | +108,086% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | - | €587 | +€587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,032 | +€7,032 | |
| Other operating charges | 640/8 | - | €2,935 | +€2,935 | |
| Gross operating margin | 9900 | €56,204 | €23,061 | -€33,143 | -59.0% |
| Operating profit (loss) | 9901 | €56,204 | €12,507 | -€43,697 | -77.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €66 | €1,003 | +€937 | +1,431% |
| Recurring financial charges | 65 | €66 | €1,003 | +€937 | +1,431% |
| Profit (loss) for the period before taxes | 9903 | €56,140 | €11,504 | -€44,636 | -79.5% |
| Profit (loss) for the period | 9904 | €56,140 | €11,504 | -€44,636 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,140 | €11,504 | -€44,636 | -79.5% |
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 21 October 2026 via checked.be.