M&Y CONCEPT: what changed
M&Y CONCEPT
Largest movements
- Cash +€33,539
up €33,539 (+40.1%), from €83,661 to €117,200
mainly Net result for the year (+€21,003) and Depreciation (+€18,832)
- Tangible fixed assets -€9,332
down €9,332 (-10.2%), from €91,052 to €81,720
of which Other tangible fixed assets: -€5,388
- Receivables within one year -€4,861
no longer reported in 2024 (was €4,861)
- Profit (loss) carried forward +€21,003
up €21,003 (+23.5%), from €89,404 to €110,407
- Other debts -€18,627
no longer reported in 2024 (was €18,627)
- Trade debts +€15,513
up €15,513 (+134%), from €11,543 to €27,056
- Gross operating margin +€17,989
up €17,989 (+35.8%), from €50,246 to €68,235
- Other operating charges +€14,654
new in 2024: €14,654
- Staff costs +€8,442
up €8,442 (+159%), from €5,304 to €13,746
- Financial charges -€1,048
no longer reported in 2024 (was €1,048)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,575 | €198,920 | +€19,345 | +10.8% |
| Fixed assets | 21/28 | €91,052 | €81,720 | -€9,332 | -10.2% |
| Tangible fixed assets | 22/27 | €91,052 | €81,720 | -€9,332 | -10.2% |
| Plant, machinery and equipment | 23 | €52,259 | €48,315 | -€3,944 | -7.5% |
| Other tangible fixed assets | 26 | €38,793 | €33,405 | -€5,388 | -13.9% |
| Current assets | 29/58 | €88,522 | €117,200 | +€28,678 | +32.4% |
| Amounts receivable within one year | 40/41 | €4,861 | - | -€4,861 | |
| Other amounts receivable | 41 | €4,861 | - | -€4,861 | |
| Cash at bank and in hand | 54/58 | €83,661 | €117,200 | +€33,539 | +40.1% |
| Total equity and liabilities | 10/49 | €179,575 | €198,920 | +€19,345 | +10.8% |
| Equity | 10/15 | €149,404 | €170,407 | +€21,003 | +14.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,404 | €110,407 | +€21,003 | +23.5% |
| Amounts payable | 17/49 | €30,170 | €28,513 | -€1,657 | -5.5% |
| Amounts payable within one year | 42/48 | €30,170 | €28,513 | -€1,657 | -5.5% |
| Trade debts | 44 | €11,543 | €27,056 | +€15,513 | +134% |
| Suppliers | 440/4 | €11,543 | €27,056 | +€15,513 | +134% |
| Taxes, remuneration and social security | 45 | - | €1,457 | +€1,457 | |
| Taxes | 450/3 | - | €1,457 | +€1,457 | |
| Other amounts payable | 47/48 | €18,627 | - | -€18,627 | |
| Remuneration, social security and pensions | 62 | €5,304 | €13,746 | +€8,442 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,832 | €18,832 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €14,654 | +€14,654 | |
| Gross operating margin | 9900 | €50,246 | €68,235 | +€17,989 | +35.8% |
| Operating profit (loss) | 9901 | €26,109 | €21,003 | -€5,106 | -19.6% |
| Financial charges | 65/66B | €1,048 | - | -€1,048 | |
| Recurring financial charges | 65 | €1,048 | - | -€1,048 | |
| Profit (loss) for the period before taxes | 9903 | €25,061 | €21,003 | -€4,058 | -16.2% |
| Profit (loss) for the period | 9904 | €25,061 | €21,003 | -€4,058 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,061 | €21,003 | -€4,058 | -16.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.