MAE FLYNN: 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.
MAE FLYNN
Largest movements
- Cash -€1,943
down €1,943 (-99.1%), from €1,961 to €18
mainly Net result for the year (-€2,580) and Tax, wage and social debts (-€355)
- Receivables within one year -€799
down €799 (-18.9%), from €4,221 to €3,422
- Profit (loss) carried forward -€2,580
down €2,580 (-26.2%), from -€9,853 to -€12,433
- Tax, wage and social debts -€355
down €355 (-91.0%), from €390 to €35
- Trade debts +€193
up €193 (+5.8%), from €3,352 to €3,545
- Gross operating margin +€7,209
up €7,209 (+74.7%), from -€9,646 to -€2,437
- Other operating charges -€152
no longer reported in 2023 (was €152)
- Financial charges +€110
up €110 (+131%), from €84 to €194
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.
Derived cash bridge
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 | €6,889 | €4,147 | -€2,742 | -39.8% |
| Current assets | 29/58 | €6,889 | €4,147 | -€2,742 | -39.8% |
| Stocks and contracts in progress | 3 | €707 | €707 | = | 0.0% |
| Stocks | 30/36 | €707 | €707 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,221 | €3,422 | -€799 | -18.9% |
| Trade receivables | 40 | €4,221 | €3,422 | -€799 | -18.9% |
| Cash at bank and in hand | 54/58 | €1,961 | €18 | -€1,943 | -99.1% |
| Total equity and liabilities | 10/49 | €6,889 | €4,147 | -€2,742 | -39.8% |
| Equity | 10/15 | €3,147 | €567 | -€2,580 | -82.0% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,853 | -€12,433 | -€2,580 | -26.2% |
| Amounts payable | 17/49 | €3,742 | €3,580 | -€162 | -4.3% |
| Amounts payable within one year | 42/48 | €3,742 | €3,580 | -€162 | -4.3% |
| Trade debts | 44 | €3,352 | €3,545 | +€193 | +5.8% |
| Suppliers | 440/4 | €3,352 | €3,545 | +€193 | +5.8% |
| Taxes, remuneration and social security | 45 | €390 | €35 | -€355 | -91.0% |
| Taxes | 450/3 | €390 | €35 | -€355 | -91.0% |
| Other operating charges | 640/8 | €152 | - | -€152 | |
| Gross operating margin | 9900 | -€9,646 | -€2,437 | +€7,209 | +74.7% |
| Operating profit (loss) | 9901 | -€9,798 | -€2,437 | +€7,361 | +75.1% |
| Financial income | 75/76B | €29 | €51 | +€22 | +75.9% |
| Recurring financial income | 75 | €29 | €51 | +€22 | +75.9% |
| Financial charges | 65/66B | €84 | €194 | +€110 | +131% |
| Recurring financial charges | 65 | €84 | €194 | +€110 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€9,853 | -€2,580 | +€7,273 | +73.8% |
| Profit (loss) for the period | 9904 | -€9,853 | -€2,580 | +€7,273 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,853 | -€2,580 | +€7,273 | +73.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.