Madras Bruxelles: what changed
Madras Bruxelles
Largest movements
- Cash +€53,926
up €53,926 (+22.8%), from €236,344 to €290,270
mainly Accrued charges and deferred income (+€48,029) and Net result for the year (+€25,109)
- Deferred charges and accrued income +€28,309
up €28,309 (+261%), from €10,829 to €39,138
- Receivables within one year -€5,467
down €5,467 (-67.8%), from €8,064 to €2,597
of which Other amounts receivable: -€4,136
- Accrued charges and deferred income +€48,029
up €48,029 (+33.5%), from €143,570 to €191,599
- Profit (loss) carried forward +€25,109
up €25,109 (+45.9%), from €54,645 to €79,754
- Tax, wage and social debts +€3,427
up €3,427 (+6.0%), from €57,004 to €60,431
of which Remuneration and social security: +€6,690
- Gross operating margin +€115,796
up €115,796 (+31.4%), from €368,550 to €484,347
- Staff costs +€48,172
up €48,172 (+13.3%), from €362,141 to €410,313
- Other operating charges +€48,029
new in 2024: €48,029
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 | €255,906 | €334,491 | +€78,586 | +30.7% |
| Fixed assets | 21/28 | €169 | €2,486 | +€2,317 | +1,369% |
| Tangible fixed assets | 22/27 | €169 | €2,399 | +€2,230 | +1,317% |
| Plant, machinery and equipment | 23 | €169 | €2,399 | +€2,230 | +1,317% |
| Financial fixed assets | 28 | €0 | €87 | +€87 | |
| Current assets | 29/58 | €255,736 | €332,005 | +€76,269 | +29.8% |
| Amounts receivable after more than one year | 29 | €500 | - | -€500 | |
| Trade receivables | 290 | €500 | - | -€500 | |
| Amounts receivable within one year | 40/41 | €8,064 | €2,597 | -€5,467 | -67.8% |
| Trade receivables | 40 | €3,928 | €2,597 | -€1,331 | -33.9% |
| Other amounts receivable | 41 | €4,136 | - | -€4,136 | |
| Cash at bank and in hand | 54/58 | €236,344 | €290,270 | +€53,926 | +22.8% |
| Deferred charges and accrued income | 490/1 | €10,829 | €39,138 | +€28,309 | +261% |
| Total equity and liabilities | 10/49 | €255,906 | €334,491 | +€78,586 | +30.7% |
| Equity | 10/15 | €54,645 | €79,754 | +€25,109 | +45.9% |
| Profit (loss) carried forward | 14 | €54,645 | €79,754 | +€25,109 | +45.9% |
| Amounts payable | 17/49 | €201,261 | €254,738 | +€53,477 | +26.6% |
| Amounts payable within one year | 42/48 | €57,690 | €63,138 | +€5,448 | +9.4% |
| Trade debts | 44 | €686 | €2,707 | +€2,021 | +295% |
| Suppliers | 440/4 | €686 | €2,707 | +€2,021 | +295% |
| Taxes, remuneration and social security | 45 | €57,004 | €60,431 | +€3,427 | +6.0% |
| Taxes | 450/3 | €4,699 | €1,436 | -€3,263 | -69.4% |
| Remuneration and social security | 454/9 | €52,305 | €58,995 | +€6,690 | +12.8% |
| Accrued charges and deferred income | 492/3 | €143,570 | €191,599 | +€48,029 | +33.5% |
| Non-recurring operating income | 76A | €2,815 | - | -€2,815 | |
| Remuneration, social security and pensions | 62 | €362,141 | €410,313 | +€48,172 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €199 | -€176 | -47.0% |
| Other operating charges | 640/8 | - | €48,029 | +€48,029 | |
| Non-recurring operating charges | 66A | €1,153 | €22 | -€1,131 | -98.1% |
| Gross operating margin | 9900 | €368,550 | €484,347 | +€115,796 | +31.4% |
| Operating profit (loss) | 9901 | €4,882 | €25,785 | +€20,903 | +428% |
| Financial income | 75/76B | - | €205 | +€205 | |
| Recurring financial income | 75 | - | €205 | +€205 | |
| Financial charges | 65/66B | €155 | €881 | +€726 | +467% |
| Recurring financial charges | 65 | €155 | €881 | +€726 | +467% |
| Profit (loss) for the period before taxes | 9903 | €4,727 | €25,109 | +€20,382 | +431% |
| Profit (loss) for the period | 9904 | €4,727 | €25,109 | +€20,382 | +431% |
| Profit (loss) for the period to be appropriated | 9905 | €4,727 | €25,109 | +€20,382 | +431% |
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 4 November 2026 via checked.be.