MA SRL: 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 SRL
Largest movements
- Receivables within one year +€77,875
up €77,875 (+51.5%), from €151,214 to €229,089
of which Trade receivables: +€57,527
- Cash -€69,151
down €69,151 (-92.0%), from €75,191 to €6,040
- Profit (loss) carried forward +€28,810
up €28,810 (+551%), from €5,229 to €34,040
- Trade debts -€16,208
down €16,208 (-64.4%), from €25,177 to €8,969
- Reserves +€7,000
up €7,000 (+4.7%), from €150,150 to €157,150
of which Distributable reserves: +€7,000
- Tax, wage and social debts -€5,324
down €5,324 (-10.4%), from €51,272 to €45,948
of which Remuneration and social security: -€3,935
- Other debts -€5,000
down €5,000 (-16.7%), from €30,000 to €25,000
- Gross operating margin +€24,697
up €24,697 (+39.0%), from €63,271 to €87,968
- Other operating charges -€10,203
down €10,203 (-77.3%), from €13,194 to €2,991
- Financial income -€8,434
down €8,434 (-100.0%), from €8,436 to €2
- Depreciation +€6,626
up €6,626 (+48.0%), from €13,815 to €20,441
- Staff costs +€6,271
up €6,271 (+65.6%), from €9,564 to €15,835
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,329 | €273,607 | +€9,279 | +3.5% |
| Formation expenses | 20 | €0 | €0 | = | 0.0% |
| Fixed assets | 21/28 | €36,788 | €38,110 | +€1,322 | +3.6% |
| Tangible fixed assets | 22/27 | €36,788 | €38,110 | +€1,322 | +3.6% |
| Plant, machinery and equipment | 23 | €1,349 | - | -€1,349 | |
| Furniture and vehicles | 24 | €35,439 | €38,110 | +€2,671 | +7.5% |
| Current assets | 29/58 | €227,541 | €235,498 | +€7,957 | +3.5% |
| Amounts receivable within one year | 40/41 | €151,214 | €229,089 | +€77,875 | +51.5% |
| Trade receivables | 40 | €17,964 | €75,491 | +€57,527 | +320% |
| Other amounts receivable | 41 | €133,249 | €153,598 | +€20,348 | +15.3% |
| Cash at bank and in hand | 54/58 | €75,191 | €6,040 | -€69,151 | -92.0% |
| Deferred charges and accrued income | 490/1 | €1,136 | €369 | -€767 | -67.5% |
| Total equity and liabilities | 10/49 | €264,329 | €273,607 | +€9,279 | +3.5% |
| Equity | 10/15 | €157,879 | €193,690 | +€35,810 | +22.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €150,150 | €157,150 | +€7,000 | +4.7% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €149,900 | €156,900 | +€7,000 | +4.7% |
| Profit (loss) carried forward | 14 | €5,229 | €34,040 | +€28,810 | +551% |
| Amounts payable | 17/49 | €106,449 | €79,918 | -€26,532 | -24.9% |
| Amounts payable within one year | 42/48 | €106,449 | €79,918 | -€26,532 | -24.9% |
| Trade debts | 44 | €25,177 | €8,969 | -€16,208 | -64.4% |
| Suppliers | 440/4 | €25,177 | €8,969 | -€16,208 | -64.4% |
| Taxes, remuneration and social security | 45 | €51,272 | €45,948 | -€5,324 | -10.4% |
| Taxes | 450/3 | €46,058 | €44,669 | -€1,389 | -3.0% |
| Remuneration and social security | 454/9 | €5,214 | €1,279 | -€3,935 | -75.5% |
| Other amounts payable | 47/48 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €9,564 | €15,835 | +€6,271 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,815 | €20,441 | +€6,626 | +48.0% |
| Other operating charges | 640/8 | €13,194 | €2,991 | -€10,203 | -77.3% |
| Gross operating margin | 9900 | €63,271 | €87,968 | +€24,697 | +39.0% |
| Operating profit (loss) | 9901 | €26,698 | €48,701 | +€22,004 | +82.4% |
| Financial income | 75/76B | €8,436 | €2 | -€8,434 | -100.0% |
| Recurring financial income | 75 | €8,436 | €2 | -€8,434 | -100.0% |
| Financial charges | 65/66B | €199 | €1,318 | +€1,119 | +563% |
| Recurring financial charges | 65 | €199 | €1,318 | +€1,119 | +563% |
| Profit (loss) for the period before taxes | 9903 | €34,934 | €47,385 | +€12,451 | +35.6% |
| Income taxes | 67/77 | €9,576 | €14,568 | +€4,992 | +52.1% |
| Profit (loss) for the period | 9904 | €25,359 | €32,817 | +€7,459 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,359 | €32,817 | +€7,459 | +29.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.