MA MOVEMENT: what changed
Two fiscal 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.
MA MOVEMENT
Largest movements
- Receivables within one year +€3,050
up €3,050 (+2.7%), from €114,809 to €117,859
of which Trade receivables: +€9,429
- Cash +€2,877
up €2,877 (+224734.4%), from €1 to €2,878
mainly Net result for the year (+€14,152) and Depreciation (+€1,880)
- Tangible fixed assets -€1,880
down €1,880 (-31.4%), from €5,988 to €4,108
- Profit (loss) carried forward +€14,152
up €14,152 (+1693.6%), from €836 to €14,988
- Tax, wage and social debts -€9,108
down €9,108 (-29.6%), from €30,777 to €21,670
of which Taxes: -€4,948
- Gross operating margin -€76,696
down €76,696 (-79.4%), from €96,595 to €19,899
- Staff costs -€22,720
no longer reported in 2023 (was €22,720)
- Taxes -€11,997
down €11,997 (-69.6%), from €17,245 to €5,248
- Financial income +€1,451
up €1,451 (+74.5%), from €1,948 to €3,399
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.
Cash bridge derived
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 | €121,409 | €125,290 | +€3,881 | +3.2% |
| Fixed assets | 21/28 | €5,988 | €4,108 | -€1,880 | -31.4% |
| Tangible fixed assets | 22/27 | €5,988 | €4,108 | -€1,880 | -31.4% |
| Furniture and vehicles | 24 | €5,988 | €4,108 | -€1,880 | -31.4% |
| Current assets | 29/58 | €115,421 | €121,182 | +€5,761 | +5.0% |
| Amounts receivable within one year | 40/41 | €114,809 | €117,859 | +€3,050 | +2.7% |
| Trade receivables | 40 | €45,240 | €54,669 | +€9,429 | +20.8% |
| Other amounts receivable | 41 | €69,569 | €63,190 | -€6,379 | -9.2% |
| Cash at bank and in hand | 54/58 | €1 | €2,878 | +€2,877 | +224734.4% |
| Deferred charges and accrued income | 490/1 | €610 | €445 | -€166 | -27.1% |
| Total equity and liabilities | 10/49 | €121,409 | €125,290 | +€3,881 | +3.2% |
| Equity | 10/15 | €85,836 | €99,988 | +€14,152 | +16.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €836 | €14,988 | +€14,152 | +1693.6% |
| Amounts payable | 17/49 | €35,573 | €25,302 | -€10,271 | -28.9% |
| Amounts payable within one year | 42/48 | €34,877 | €25,302 | -€9,575 | -27.5% |
| Trade debts | 44 | €4,100 | €3,633 | -€468 | -11.4% |
| Suppliers | 440/4 | €4,100 | €3,633 | -€468 | -11.4% |
| Taxes, remuneration and social security | 45 | €30,777 | €21,670 | -€9,108 | -29.6% |
| Taxes | 450/3 | €25,494 | €20,546 | -€4,948 | -19.4% |
| Remuneration and social security | 454/9 | €5,284 | €1,124 | -€4,160 | -78.7% |
| Accrued charges and deferred income | 492/3 | €696 | - | -€696 | |
| Remuneration, social security and pensions | 62 | €22,720 | - | -€22,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,942 | €1,880 | -€62 | -3.2% |
| Other operating charges | 640/8 | €1,688 | €1,592 | -€96 | -5.7% |
| Gross operating margin | 9900 | €96,595 | €19,899 | -€76,696 | -79.4% |
| Operating profit (loss) | 9901 | €70,245 | €16,428 | -€53,817 | -76.6% |
| Financial income | 75/76B | €1,948 | €3,399 | +€1,451 | +74.5% |
| Recurring financial income | 75 | €1,948 | €3,399 | +€1,451 | +74.5% |
| Financial charges | 65/66B | €625 | €426 | -€199 | -31.8% |
| Recurring financial charges | 65 | €625 | €426 | -€199 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €71,568 | €19,400 | -€52,168 | -72.9% |
| Income taxes | 67/77 | €17,245 | €5,248 | -€11,997 | -69.6% |
| Profit (loss) for the period | 9904 | €54,324 | €14,152 | -€40,171 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,324 | €14,152 | -€40,171 | -73.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.