MASTERED: what changed
Two fiscal 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.
MASTERED
Largest movements
- Receivables within one year +€24,640
up €24,640 (+4204.7%), from €586 to €25,226
of which Trade receivables: +€24,938
- Cash +€769
up €769 (+180.5%), from €426 to €1,195
- Other debts +€29,380
up €29,380 (+2711.8%), from €1,083 to €30,463
- Profit (loss) carried forward -€28,161
down €28,161 (-916.8%), from -€3,072 to -€31,232
- Trade debts +€24,189
new in 2024: €24,189
- Gross operating margin -€26,794
down €26,794 (-3827.8%), from -€700 to -€27,494
- Financial charges +€436
new in 2024: €436
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.
Cash bridge derived
A cash bridge needs two consecutive fiscal 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,012 | €26,420 | +€25,408 | +2511.0% |
| Current assets | 29/58 | €1,012 | €26,420 | +€25,408 | +2511.0% |
| Amounts receivable within one year | 40/41 | €586 | €25,226 | +€24,640 | +4204.7% |
| Trade receivables | 40 | - | €24,938 | +€24,938 | |
| Other amounts receivable | 41 | €586 | €288 | -€298 | -50.8% |
| Cash at bank and in hand | 54/58 | €426 | €1,195 | +€769 | +180.5% |
| Total equity and liabilities | 10/49 | €1,012 | €26,420 | +€25,408 | +2511.0% |
| Equity | 10/15 | -€72 | -€28,232 | -€28,161 | -39385.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,072 | -€31,232 | -€28,161 | -916.8% |
| Amounts payable | 17/49 | €1,083 | €54,653 | +€53,569 | +4944.5% |
| Amounts payable within one year | 42/48 | €1,083 | €54,653 | +€53,569 | +4944.5% |
| Trade debts | 44 | - | €24,189 | +€24,189 | |
| Suppliers | 440/4 | - | €24,189 | +€24,189 | |
| Other amounts payable | 47/48 | €1,083 | €30,463 | +€29,380 | +2711.8% |
| Other operating charges | 640/8 | - | €230 | +€230 | |
| Gross operating margin | 9900 | -€700 | -€27,494 | -€26,794 | -3827.8% |
| Operating profit (loss) | 9901 | -€700 | -€27,724 | -€27,024 | -3860.6% |
| Financial charges | 65/66B | - | €436 | +€436 | |
| Recurring financial charges | 65 | - | €436 | +€436 | |
| Profit (loss) for the period before taxes | 9903 | -€700 | -€28,161 | -€27,461 | -3923.0% |
| Profit (loss) for the period | 9904 | -€700 | -€28,161 | -€27,461 | -3923.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€700 | -€28,161 | -€27,461 | -3923.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.