MASTERFIX: 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.
MASTERFIX
Largest movements
- Cash +€22,552
up €22,552 (+7815.2%), from €289 to €22,840
mainly Net result for the year (+€23,073) and Tax, wage and social debts (+€10,607)
- Receivables within one year +€6,458
up €6,458 (+215.2%), from €3,000 to €9,458
of which Trade receivables: +€7,148
- Tangible fixed assets +€2,248
up €2,248 (+528.4%), from €425 to €2,674
of which Plant, machinery and equipment: +€2,674
- Deferred charges and accrued income +€1,188
new in 2024: €1,188
- Profit (loss) carried forward +€23,073
up €23,073, from -€11,174 to €11,899
- Tax, wage and social debts +€10,607
up €10,607 (+21079.7%), from €50 to €10,658
- Trade debts -€1,486
down €1,486 (-97.8%), from €1,519 to €33
- Gross operating margin +€40,798
up €40,798, from -€8,880 to €31,918
- Taxes +€7,666
up €7,666 (+30456.1%), from €25 to €7,691
- Depreciation -€824
down €824 (-88.6%), from €931 to €106
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,944 | €36,390 | +€32,445 | +822.6% |
| Fixed assets | 21/28 | €655 | €2,904 | +€2,248 | +343.0% |
| Tangible fixed assets | 22/27 | €425 | €2,674 | +€2,248 | +528.4% |
| Plant, machinery and equipment | 23 | - | €2,674 | +€2,674 | |
| Other tangible fixed assets | 26 | €425 | - | -€425 | |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €3,289 | €33,486 | +€30,197 | +918.2% |
| Amounts receivable within one year | 40/41 | €3,000 | €9,458 | +€6,458 | +215.2% |
| Trade receivables | 40 | €2,301 | €9,449 | +€7,148 | +310.6% |
| Other amounts receivable | 41 | €699 | €9 | -€690 | -98.8% |
| Cash at bank and in hand | 54/58 | €289 | €22,840 | +€22,552 | +7815.2% |
| Deferred charges and accrued income | 490/1 | - | €1,188 | +€1,188 | |
| Total equity and liabilities | 10/49 | €3,944 | €36,390 | +€32,445 | +822.6% |
| Equity | 10/15 | €1,782 | €24,855 | +€23,073 | +1294.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €556 | €556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €556 | €556 | = | 0.0% |
| Reserves not available under the articles | 1311 | €556 | €556 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,174 | €11,899 | +€23,073 | |
| Amounts payable | 17/49 | €2,162 | €11,534 | +€9,372 | +433.5% |
| Amounts payable within one year | 42/48 | €2,162 | €11,534 | +€9,372 | +433.5% |
| Trade debts | 44 | €1,519 | €33 | -€1,486 | -97.8% |
| Suppliers | 440/4 | €1,519 | €33 | -€1,486 | -97.8% |
| Taxes, remuneration and social security | 45 | €50 | €10,658 | +€10,607 | +21079.7% |
| Taxes | 450/3 | €50 | €10,658 | +€10,607 | +21079.7% |
| Other amounts payable | 47/48 | €592 | €844 | +€252 | +42.5% |
| Non-recurring operating income | 76A | - | €354 | +€354 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €931 | €106 | -€824 | -88.6% |
| Other operating charges | 640/8 | €768 | €673 | -€95 | -12.4% |
| Gross operating margin | 9900 | -€8,880 | €31,918 | +€40,798 | |
| Operating profit (loss) | 9901 | -€10,579 | €31,139 | +€41,718 | |
| Financial charges | 65/66B | €232 | €375 | +€143 | +61.5% |
| Recurring financial charges | 65 | €232 | €286 | +€54 | +23.1% |
| Non-recurring financial charges | 66B | - | €89 | +€89 | |
| Profit (loss) for the period before taxes | 9903 | -€10,811 | €30,764 | +€41,575 | |
| Income taxes | 67/77 | €25 | €7,691 | +€7,666 | +30456.1% |
| Profit (loss) for the period | 9904 | -€10,836 | €23,073 | +€33,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,836 | €23,073 | +€33,909 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.