MAN EXPO: 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.
MAN EXPO
Largest movements
- Stocks and contracts -€1,560
no longer reported in 2023 (was €1,560)
- Receivables within one year -€386
down €386 (-94.5%), from €408 to €22
of which Trade receivables: -€398
- Formation expenses -€317
down €317 (-86.7%), from €365 to €49
- Tangible fixed assets -€284
down €284 (-53.6%), from €530 to €246
- Profit (loss) carried forward -€2,758
down €2,758 (-18.7%), from -€14,776 to -€17,534
- Trade debts +€374
up €374 (+228%), from €164 to €538
- Advances received -€286
no longer reported in 2023 (was €286)
- Other debts +€120
up €120 (+0.8%), from €15,728 to €15,848
- Gross operating margin +€2,850
up €2,850 (+58.5%), from -€4,875 to -€2,026
- Other operating charges -€115
no longer reported in 2023 (was €115)
- Financial charges -€68
down €68 (-33.9%), from €200 to €132
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 | €8,402 | €5,852 | -€2,550 | -30.3% |
| Formation expenses | 20 | €365 | €49 | -€317 | -86.7% |
| Fixed assets | 21/28 | €530 | €246 | -€284 | -53.6% |
| Tangible fixed assets | 22/27 | €530 | €246 | -€284 | -53.6% |
| Plant, machinery and equipment | 23 | €530 | €246 | -€284 | -53.6% |
| Current assets | 29/58 | €7,507 | €5,558 | -€1,949 | -26.0% |
| Stocks and contracts in progress | 3 | €1,560 | - | -€1,560 | |
| Stocks | 30/36 | €1,560 | - | -€1,560 | |
| Amounts receivable within one year | 40/41 | €408 | €22 | -€386 | -94.5% |
| Trade receivables | 40 | €398 | - | -€398 | |
| Other amounts receivable | 41 | €10 | €22 | +€12 | +119% |
| Cash at bank and in hand | 54/58 | €5,539 | €5,535 | -€4 | -0.1% |
| Total equity and liabilities | 10/49 | €8,402 | €5,852 | -€2,550 | -30.3% |
| Equity | 10/15 | -€7,776 | -€10,534 | -€2,758 | -35.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,776 | -€17,534 | -€2,758 | -18.7% |
| Amounts payable | 17/49 | €16,178 | €16,386 | +€208 | +1.3% |
| Amounts payable within one year | 42/48 | €16,178 | €16,386 | +€208 | +1.3% |
| Trade debts | 44 | €164 | €538 | +€374 | +228% |
| Suppliers | 440/4 | €164 | €538 | +€374 | +228% |
| Advances received on contracts in progress | 46 | €286 | - | -€286 | |
| Other amounts payable | 47/48 | €15,728 | €15,848 | +€120 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €601 | = | 0.0% |
| Other operating charges | 640/8 | €115 | - | -€115 | |
| Gross operating margin | 9900 | -€4,875 | -€2,026 | +€2,850 | +58.5% |
| Operating profit (loss) | 9901 | -€5,591 | -€2,626 | +€2,965 | +53.0% |
| Financial charges | 65/66B | €200 | €132 | -€68 | -33.9% |
| Recurring financial charges | 65 | €200 | €132 | -€68 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,790 | -€2,758 | +€3,032 | +52.4% |
| Profit (loss) for the period | 9904 | -€5,790 | -€2,758 | +€3,032 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,790 | -€2,758 | +€3,032 | +52.4% |
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 19 October 2026 via checked.be.