M.PISA: 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.PISA
Largest movements
- Financial fixed assets -€375,000
no longer reported in 2024 (was €375,000)
- Receivables within one year +€105,462
up €105,462 (+85.2%), from €123,817 to €229,279
of which Other amounts receivable: +€63,802
- Cash +€29,471
up €29,471 (+1377141.6%), from €2 to €29,473
mainly Investment in fixed assets (net) (+€375,000) and Net result for the year (+€91,528)
- Other debts -€331,594
down €331,594 (-55.9%), from €593,660 to €262,066
- Profit (loss) carried forward +€91,528
up €91,528 (+79.5%), from -€115,101 to -€23,574
- Financial income +€100,709
new in 2024: €100,709
of which Financial income: +€100,709
- Gross operating margin -€8,561
new in 2024: -€8,561
- Other operating charges +€542
new in 2024: €542
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.
Cash bridge derived
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 | €498,819 | €258,752 | -€240,067 | -48.1% |
| Fixed assets | 21/28 | €375,000 | - | -€375,000 | |
| Financial fixed assets | 28 | €375,000 | - | -€375,000 | |
| Current assets | 29/58 | €123,819 | €258,752 | +€134,933 | +109.0% |
| Amounts receivable within one year | 40/41 | €123,817 | €229,279 | +€105,462 | +85.2% |
| Trade receivables | 40 | - | €41,660 | +€41,660 | |
| Other amounts receivable | 41 | €123,817 | €187,619 | +€63,802 | +51.5% |
| Cash at bank and in hand | 54/58 | €2 | €29,473 | +€29,471 | +1377141.6% |
| Total equity and liabilities | 10/49 | €498,819 | €258,752 | -€240,067 | -48.1% |
| Equity | 10/15 | -€96,139 | -€4,611 | +€91,528 | +95.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €413 | €413 | = | 0.0% |
| Non-distributable reserves | 130/1 | €413 | €413 | = | 0.0% |
| Reserves not available under the articles | 1311 | €413 | €413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,101 | -€23,574 | +€91,528 | +79.5% |
| Amounts payable | 17/49 | €594,958 | €263,363 | -€331,594 | -55.7% |
| Amounts payable within one year | 42/48 | €594,958 | €263,363 | -€331,594 | -55.7% |
| Trade debts | 44 | €1,298 | €1,298 | = | 0.0% |
| Suppliers | 440/4 | €1,298 | €1,298 | = | 0.0% |
| Other amounts payable | 47/48 | €593,660 | €262,066 | -€331,594 | -55.9% |
| Other operating charges | 640/8 | - | €542 | +€542 | |
| Gross operating margin | 9900 | - | -€8,561 | -€8,561 | |
| Operating profit (loss) | 9901 | - | -€9,103 | -€9,103 | |
| Financial income | 75/76B | - | €100,709 | +€100,709 | |
| Recurring financial income | 75 | - | €100,709 | +€100,709 | |
| Non-recurring financial income | 76B | - | €100,709 | +€100,709 | |
| Financial charges | 65/66B | €69 | €79 | +€10 | +13.8% |
| Recurring financial charges | 65 | €69 | €79 | +€10 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€69 | €91,528 | +€91,597 | |
| Profit (loss) for the period | 9904 | -€69 | €91,528 | +€91,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69 | €91,528 | +€91,597 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.