MA PLACO: 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.
MA PLACO
Largest movements
- Receivables within one year +€562,249
up €562,249 (+443%), from €126,804 to €689,053
of which Trade receivables: +€562,854
- Cash -€36,679
down €36,679 (-98.1%), from €37,401 to €722
mainly Receivables within one year (-€562,249) and Other debts (-€3,711)
- Trade debts +€477,617
up €477,617 (+861%), from €55,501 to €533,118
- Tax, wage and social debts +€30,048
up €30,048 (+56.0%), from €53,642 to €83,690
of which Remuneration and social security: +€19,981
- Profit (loss) carried forward +€21,615
up €21,615 (+88.3%), from €24,470 to €46,085
- Gross operating margin +€17,760
up €17,760 (+132%), from €13,459 to €31,220
- Taxes +€5,807
up €5,807 (+253%), from €2,297 to €8,103
- Other operating charges -€1,143
no longer reported in 2024 (was €1,143)
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 | €164,415 | €689,984 | +€525,569 | +320% |
| Fixed assets | 21/28 | €210 | €210 | = | 0.0% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €164,205 | €689,774 | +€525,569 | +320% |
| Amounts receivable within one year | 40/41 | €126,804 | €689,053 | +€562,249 | +443% |
| Trade receivables | 40 | €124,924 | €687,778 | +€562,854 | +451% |
| Other amounts receivable | 41 | €1,880 | €1,275 | -€605 | -32.2% |
| Cash at bank and in hand | 54/58 | €37,401 | €722 | -€36,679 | -98.1% |
| Total equity and liabilities | 10/49 | €164,415 | €689,984 | +€525,569 | +320% |
| Equity | 10/15 | €36,870 | €58,485 | +€21,615 | +58.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,470 | €46,085 | +€21,615 | +88.3% |
| Amounts payable | 17/49 | €127,545 | €631,499 | +€503,954 | +395% |
| Amounts payable within one year | 42/48 | €127,545 | €631,499 | +€503,954 | +395% |
| Trade debts | 44 | €55,501 | €533,118 | +€477,617 | +861% |
| Suppliers | 440/4 | €55,501 | €533,118 | +€477,617 | +861% |
| Taxes, remuneration and social security | 45 | €53,642 | €83,690 | +€30,048 | +56.0% |
| Taxes | 450/3 | €8,036 | €18,103 | +€10,067 | +125% |
| Remuneration and social security | 454/9 | €45,605 | €65,587 | +€19,981 | +43.8% |
| Other amounts payable | 47/48 | €18,402 | €14,691 | -€3,711 | -20.2% |
| Other operating charges | 640/8 | €1,143 | - | -€1,143 | |
| Gross operating margin | 9900 | €13,459 | €31,220 | +€17,760 | +132% |
| Operating profit (loss) | 9901 | €12,316 | €31,220 | +€18,904 | +153% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,568 | €1,501 | -€66 | -4.2% |
| Recurring financial charges | 65 | €1,568 | €1,501 | -€66 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €10,758 | €29,719 | +€18,961 | +176% |
| Income taxes | 67/77 | €2,297 | €8,103 | +€5,807 | +253% |
| Profit (loss) for the period | 9904 | €8,461 | €21,615 | +€13,154 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €8,461 | €21,615 | +€13,154 | +155% |
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 15 October 2026 via checked.be.