M3BI 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.
M3BI CONSULTING
Largest movements
- Tangible fixed assets +€287,072
up €287,072 (+267%), from €107,603 to €394,675
of which Land and buildings: +€252,470
- Cash -€149,518
down €149,518 (-98.5%), from €151,864 to €2,346
mainly Investment in fixed assets (net) (-€315,949) and Trade debts (-€13,238)
- Receivables within one year -€60,697
down €60,697 (-25.0%), from €242,660 to €181,963
of which Trade receivables: -€38,947
- Other debts +€80,102
up €80,102 (+64.6%), from €123,943 to €204,045
- Profit (loss) carried forward +€20,458
up €20,458 (+11.9%), from €171,861 to €192,319
- Trade debts -€13,238
down €13,238 (-8.8%), from €149,667 to €136,429
- Tax, wage and social debts -€9,664
down €9,664 (-18.0%), from €53,761 to €44,097
of which Taxes: -€27,584
- Gross operating margin -€235,548
down €235,548 (-79.1%), from €297,923 to €62,375
- Taxes -€45,867
down €45,867 (-85.3%), from €53,761 to €7,895
- Depreciation +€15,791
up €15,791 (+121%), from €13,086 to €28,877
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 | €502,232 | €579,890 | +€77,658 | +15.5% |
| Fixed assets | 21/28 | €107,603 | €394,675 | +€287,072 | +267% |
| Tangible fixed assets | 22/27 | €107,603 | €394,675 | +€287,072 | +267% |
| Land and buildings | 22 | - | €252,470 | +€252,470 | |
| Furniture and vehicles | 24 | €39,326 | €34,534 | -€4,792 | -12.2% |
| Other tangible fixed assets | 26 | €68,277 | €107,671 | +€39,394 | +57.7% |
| Current assets | 29/58 | €394,629 | €185,215 | -€209,414 | -53.1% |
| Amounts receivable within one year | 40/41 | €242,660 | €181,963 | -€60,697 | -25.0% |
| Trade receivables | 40 | €220,910 | €181,963 | -€38,947 | -17.6% |
| Other amounts receivable | 41 | €21,750 | €0 | -€21,750 | -100% |
| Cash at bank and in hand | 54/58 | €151,864 | €2,346 | -€149,518 | -98.5% |
| Deferred charges and accrued income | 490/1 | €106 | €907 | +€801 | +754% |
| Total equity and liabilities | 10/49 | €502,232 | €579,890 | +€77,658 | +15.5% |
| Equity | 10/15 | €174,861 | €195,319 | +€20,458 | +11.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,861 | €192,319 | +€20,458 | +11.9% |
| Amounts payable | 17/49 | €327,371 | €384,571 | +€57,200 | +17.5% |
| Amounts payable within one year | 42/48 | €327,371 | €384,571 | +€57,200 | +17.5% |
| Trade debts | 44 | €149,667 | €136,429 | -€13,238 | -8.8% |
| Suppliers | 440/4 | €149,667 | €136,429 | -€13,238 | -8.8% |
| Taxes, remuneration and social security | 45 | €53,761 | €44,097 | -€9,664 | -18.0% |
| Taxes | 450/3 | €53,761 | €26,177 | -€27,584 | -51.3% |
| Remuneration and social security | 454/9 | - | €17,920 | +€17,920 | |
| Other amounts payable | 47/48 | €123,943 | €204,045 | +€80,102 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,086 | €28,877 | +€15,791 | +121% |
| Other operating charges | 640/8 | €1,366 | €3,307 | +€1,942 | +142% |
| Gross operating margin | 9900 | €297,923 | €62,375 | -€235,548 | -79.1% |
| Operating profit (loss) | 9901 | €283,472 | €30,191 | -€253,281 | -89.3% |
| Financial income | 75/76B | - | €1,264 | +€1,264 | |
| Recurring financial income | 75 | - | €1,264 | +€1,264 | |
| Financial charges | 65/66B | €137 | €3,102 | +€2,965 | +2,168% |
| Recurring financial charges | 65 | €137 | €3,102 | +€2,965 | +2,168% |
| Profit (loss) for the period before taxes | 9903 | €283,335 | €28,353 | -€254,982 | -90.0% |
| Income taxes | 67/77 | €53,761 | €7,895 | -€45,867 | -85.3% |
| Profit (loss) for the period | 9904 | €229,574 | €20,458 | -€209,116 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €229,574 | €20,458 | -€209,116 | -91.1% |
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 27 October 2026 via checked.be.