M-TILE: 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-TILE
Largest movements
- Current investments +€198,995
new in 2024: €198,995
- Cash +€39,261
up €39,261 (+112,173%), from €35 to €39,296
mainly Net result for the year (+€237,894) and Tax, wage and social debts (+€71,317)
- Receivables within one year -€33,118
down €33,118 (-17.7%), from €187,549 to €154,431
of which Trade receivables: -€114,964
- Reserves +€237,895
up €237,895 (+400%), from €59,419 to €297,314
- Trade debts -€104,074
down €104,074 (-100%), from €104,074 to €0
- Tax, wage and social debts +€71,317
up €71,317 (+323%), from €22,091 to €93,408
of which Taxes: +€75,152
- Gross operating margin +€233,019
up €233,019 (+220%), from €105,908 to €338,927
- Taxes +€57,566
up €57,566 (+382%), from €15,065 to €72,631
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 | €187,584 | €392,722 | +€205,138 | +109% |
| Current assets | 29/58 | €187,584 | €392,722 | +€205,138 | +109% |
| Amounts receivable within one year | 40/41 | €187,549 | €154,431 | -€33,118 | -17.7% |
| Trade receivables | 40 | €152,058 | €37,094 | -€114,964 | -75.6% |
| Other amounts receivable | 41 | €35,491 | €117,337 | +€81,846 | +231% |
| Current investments | 50/53 | - | €198,995 | +€198,995 | |
| Cash at bank and in hand | 54/58 | €35 | €39,296 | +€39,261 | +112,173% |
| Total equity and liabilities | 10/49 | €187,584 | €392,722 | +€205,138 | +109% |
| Equity | 10/15 | €61,419 | €299,314 | +€237,895 | +387% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €59,419 | €297,314 | +€237,895 | +400% |
| Distributable reserves | 133 | €59,419 | €297,314 | +€237,895 | +400% |
| Amounts payable | 17/49 | €126,165 | €93,408 | -€32,757 | -26.0% |
| Amounts payable within one year | 42/48 | €126,165 | €93,408 | -€32,757 | -26.0% |
| Trade debts | 44 | €104,074 | €0 | -€104,074 | -100% |
| Suppliers | 440/4 | €104,074 | €0 | -€104,074 | -100% |
| Taxes, remuneration and social security | 45 | €22,091 | €93,408 | +€71,317 | +323% |
| Taxes | 450/3 | €18,256 | €93,408 | +€75,152 | +412% |
| Remuneration and social security | 454/9 | €3,835 | - | -€3,835 | |
| Remuneration, social security and pensions | 62 | €28,490 | €27,986 | -€504 | -1.8% |
| Other operating charges | 640/8 | €371 | - | -€371 | |
| Non-recurring operating charges | 66A | €2,563 | - | -€2,563 | |
| Gross operating margin | 9900 | €105,908 | €338,927 | +€233,019 | +220% |
| Operating profit (loss) | 9901 | €74,484 | €310,941 | +€236,457 | +317% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €416 | +€416 | |
| Recurring financial charges | 65 | - | €416 | +€416 | |
| Profit (loss) for the period before taxes | 9903 | €74,484 | €310,526 | +€236,042 | +317% |
| Income taxes | 67/77 | €15,065 | €72,631 | +€57,566 | +382% |
| Profit (loss) for the period | 9904 | €59,419 | €237,894 | +€178,475 | +300% |
| Profit (loss) for the period to be appropriated | 9905 | €59,419 | €237,894 | +€178,475 | +300% |
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 15 October 2026 via checked.be.