M&Y CHASSIS: 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&Y CHASSIS
Largest movements
- Receivables within one year +€52,509
up €52,509 (+218%), from €24,063 to €76,572
of which Trade receivables: +€45,822
- Cash +€4,353
up €4,353 (+18.4%), from €23,657 to €28,010
mainly Tax, wage and social debts (+€48,976) and Trade debts (+€12,452)
- Tangible fixed assets -€3,014
down €3,014 (-15.3%), from €19,661 to €16,647
of which Plant, machinery and equipment: -€4,034
- Deferred charges and accrued income -€1,604
no longer reported in 2024 (was €1,604)
- Tax, wage and social debts +€48,976
up €48,976 (+122%), from €40,084 to €89,060
of which Remuneration and social security: +€30,300
- Other debts -€23,313
down €23,313 (-95.2%), from €24,493 to €1,181
- Trade debts +€12,452
up €12,452 (+579%), from €2,151 to €14,602
- Accrued charges and deferred income +€10,000
new in 2024: €10,000
- Profit (loss) carried forward +€4,230
up €4,230 (+1,646%), from €257 to €4,487
- Gross operating margin +€222,623
up €222,623 (+330%), from €67,562 to €290,186
- Staff costs +€210,415
up €210,415 (+359%), from €58,598 to €269,013
- Depreciation +€5,067
up €5,067 (+70.4%), from €7,199 to €12,265
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 | €68,985 | €121,330 | +€52,345 | +75.9% |
| Fixed assets | 21/28 | €19,661 | €16,747 | -€2,914 | -14.8% |
| Tangible fixed assets | 22/27 | €19,661 | €16,647 | -€3,014 | -15.3% |
| Plant, machinery and equipment | 23 | €13,481 | €9,447 | -€4,034 | -29.9% |
| Furniture and vehicles | 24 | €6,181 | €7,201 | +€1,020 | +16.5% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €49,324 | €104,582 | +€55,259 | +112% |
| Amounts receivable within one year | 40/41 | €24,063 | €76,572 | +€52,509 | +218% |
| Trade receivables | 40 | €24,054 | €69,875 | +€45,822 | +190% |
| Other amounts receivable | 41 | €9 | €6,697 | +€6,688 | +74,310% |
| Cash at bank and in hand | 54/58 | €23,657 | €28,010 | +€4,353 | +18.4% |
| Deferred charges and accrued income | 490/1 | €1,604 | - | -€1,604 | |
| Total equity and liabilities | 10/49 | €68,985 | €121,330 | +€52,345 | +75.9% |
| Equity | 10/15 | €2,257 | €6,487 | +€4,230 | +187% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257 | €4,487 | +€4,230 | +1,646% |
| Amounts payable | 17/49 | €66,728 | €114,843 | +€48,114 | +72.1% |
| Amounts payable within one year | 42/48 | €66,728 | €104,843 | +€38,114 | +57.1% |
| Trade debts | 44 | €2,151 | €14,602 | +€12,452 | +579% |
| Suppliers | 440/4 | €2,151 | €14,602 | +€12,452 | +579% |
| Taxes, remuneration and social security | 45 | €40,084 | €89,060 | +€48,976 | +122% |
| Taxes | 450/3 | €7,653 | €26,329 | +€18,676 | +244% |
| Remuneration and social security | 454/9 | €32,431 | €62,731 | +€30,300 | +93.4% |
| Other amounts payable | 47/48 | €24,493 | €1,181 | -€23,313 | -95.2% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €58,598 | €269,013 | +€210,415 | +359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,199 | €12,265 | +€5,067 | +70.4% |
| Other operating charges | 640/8 | €324 | €908 | +€584 | +180% |
| Non-recurring operating charges | 66A | - | €80 | +€80 | |
| Gross operating margin | 9900 | €67,562 | €290,186 | +€222,623 | +330% |
| Operating profit (loss) | 9901 | €1,442 | €7,920 | +€6,478 | +449% |
| Financial income | 75/76B | €0 | €12 | +€11 | +114,900% |
| Recurring financial income | 75 | €0 | €12 | +€11 | +114,900% |
| Financial charges | 65/66B | €652 | €429 | -€224 | -34.3% |
| Recurring financial charges | 65 | €652 | €429 | -€224 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €790 | €7,503 | +€6,713 | +850% |
| Income taxes | 67/77 | €533 | €3,273 | +€2,740 | +515% |
| Profit (loss) for the period | 9904 | €257 | €4,230 | +€3,973 | +1,546% |
| Profit (loss) for the period to be appropriated | 9905 | €257 | €4,230 | +€3,973 | +1,546% |
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 26 October 2026 via checked.be.