M-V CONSULTING: 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-V CONSULTING
Largest movements
- Tangible fixed assets +€568,636
up €568,636 (+44.5%), from €1.3m to €1.8m
of which Land and buildings: +€581,680
- Receivables within one year -€73,803
down €73,803 (-11.9%), from €621,388 to €547,585
of which Trade receivables: -€294,778
- Cash +€30,979
up €30,979 (+48.3%), from €64,142 to €95,121
mainly Net result for the year (+€367,553) and Debts after one year (+€193,651)
- Reserves +€360,000
up €360,000 (+54.5%), from €661,100 to €1.0m
of which Distributable reserves: +€360,000
- Debts after one year +€193,651
up €193,651 (+26.4%), from €733,039 to €926,689
- Other debts -€141,472
down €141,472 (-40.4%), from €350,600 to €209,128
- Current portion of long-term debt +€63,812
up €63,812 (+53.8%), from €118,609 to €182,421
- Tax, wage and social debts +€52,634
up €52,634 (+72.3%), from €72,777 to €125,412
- Gross operating margin +€180,731
up €180,731 (+36.3%), from €497,921 to €678,652
- Depreciation +€63,607
up €63,607 (+93.1%), from €68,299 to €131,906
- Taxes +€31,461
up €31,461 (+32.6%), from €96,491 to €127,952
- Financial charges +€13,394
up €13,394 (+82.3%), from €16,278 to €29,671
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 | €1,963,897 | €2,489,450 | +€525,553 | +26.8% |
| Fixed assets | 21/28 | €1,276,492 | €1,845,128 | +€568,636 | +44.5% |
| Tangible fixed assets | 22/27 | €1,276,492 | €1,845,128 | +€568,636 | +44.5% |
| Land and buildings | 22 | €1,185,724 | €1,767,404 | +€581,680 | +49.1% |
| Plant, machinery and equipment | 23 | €1,580 | €790 | -€790 | -50.0% |
| Furniture and vehicles | 24 | €89,188 | €76,934 | -€12,254 | -13.7% |
| Current assets | 29/58 | €687,405 | €644,322 | -€43,083 | -6.3% |
| Amounts receivable within one year | 40/41 | €621,388 | €547,585 | -€73,803 | -11.9% |
| Trade receivables | 40 | €530,567 | €235,789 | -€294,778 | -55.6% |
| Other amounts receivable | 41 | €90,820 | €311,796 | +€220,975 | +243% |
| Cash at bank and in hand | 54/58 | €64,142 | €95,121 | +€30,979 | +48.3% |
| Deferred charges and accrued income | 490/1 | €1,875 | €1,616 | -€259 | -13.8% |
| Total equity and liabilities | 10/49 | €1,963,897 | €2,489,450 | +€525,553 | +26.8% |
| Equity | 10/15 | €668,061 | €1,035,614 | +€367,553 | +55.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €661,100 | €1,021,100 | +€360,000 | +54.5% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €661,000 | €1,021,000 | +€360,000 | +54.5% |
| Profit (loss) carried forward | 14 | €5,961 | €13,514 | +€7,553 | +127% |
| Amounts payable | 17/49 | €1,295,836 | €1,453,836 | +€158,000 | +12.2% |
| Amounts payable after more than one year | 17 | €733,039 | €926,689 | +€193,651 | +26.4% |
| Financial debts | 170/4 | €733,039 | €926,689 | +€193,651 | +26.4% |
| Amounts payable within one year | 42/48 | €545,870 | €520,247 | -€25,623 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €118,609 | €182,421 | +€63,812 | +53.8% |
| Trade debts | 44 | €3,883 | €3,286 | -€597 | -15.4% |
| Suppliers | 440/4 | €3,883 | €3,286 | -€597 | -15.4% |
| Taxes, remuneration and social security | 45 | €72,777 | €125,412 | +€52,634 | +72.3% |
| Taxes | 450/3 | €72,777 | €125,412 | +€52,634 | +72.3% |
| Other amounts payable | 47/48 | €350,600 | €209,128 | -€141,472 | -40.4% |
| Accrued charges and deferred income | 492/3 | €16,927 | €6,900 | -€10,027 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,299 | €131,906 | +€63,607 | +93.1% |
| Other operating charges | 640/8 | €21,127 | €21,569 | +€442 | +2.1% |
| Gross operating margin | 9900 | €497,921 | €678,652 | +€180,731 | +36.3% |
| Operating profit (loss) | 9901 | €408,495 | €525,177 | +€116,682 | +28.6% |
| Financial charges | 65/66B | €16,278 | €29,671 | +€13,394 | +82.3% |
| Recurring financial charges | 65 | €16,278 | €29,671 | +€13,394 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | €392,218 | €495,505 | +€103,288 | +26.3% |
| Income taxes | 67/77 | €96,491 | €127,952 | +€31,461 | +32.6% |
| Profit (loss) for the period | 9904 | €295,727 | €367,553 | +€71,827 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €295,727 | €367,553 | +€71,827 | +24.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.