MASTERLINE PRO: 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.
MASTERLINE PRO
Largest movements
- Cash -€15,150
down €15,150 (-77.8%), from €19,464 to €4,314
mainly Net result for the year (-€11,498) and Short-term financial debts (-€10,000)
- Stocks and contracts -€10,754
down €10,754 (-79.9%), from €13,465 to €2,711
- Tangible fixed assets -€4,843
down €4,843 (-8.2%), from €58,870 to €54,027
of which Furniture and vehicles: -€3,347
- Receivables within one year -€3,425
down €3,425 (-85.6%), from €4,000 to €575
- Profit (loss) carried forward -€11,498
down €11,498 (-55.8%), from -€20,623 to -€32,121
- Short-term financial debts -€10,000
down €10,000 (-40.0%), from €25,000 to €15,000
- Other debts -€4,430
down €4,430 (-19.5%), from €22,694 to €18,265
- Debts after one year -€3,633
down €3,633 (-9.2%), from €39,451 to €35,819
- Current portion of long-term debt -€3,538
down €3,538 (-52.5%), from €6,744 to €3,206
- Gross operating margin +€14,448
up €14,448 (+88.2%), from -€16,383 to -€1,935
- Depreciation -€1,755
down €1,755 (-54.0%), from €3,251 to €1,496
- Other operating charges +€1,256
up €1,256 (+53.3%), from €2,357 to €3,613
- Taxes +€1,002
new in 2024: €1,002
- Financial charges +€263
up €263 (+8.2%), from €3,190 to €3,453
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 | €95,799 | €61,627 | -€34,172 | -35.7% |
| Fixed assets | 21/28 | €58,870 | €54,027 | -€4,843 | -8.2% |
| Tangible fixed assets | 22/27 | €58,870 | €54,027 | -€4,843 | -8.2% |
| Land and buildings | 22 | €55,523 | €54,027 | -€1,496 | -2.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,347 | €0 | -€3,347 | -100.0% |
| Current assets | 29/58 | €36,929 | €7,600 | -€29,330 | -79.4% |
| Stocks and contracts in progress | 3 | €13,465 | €2,711 | -€10,754 | -79.9% |
| Stocks | 30/36 | €13,465 | €2,711 | -€10,754 | -79.9% |
| Amounts receivable within one year | 40/41 | €4,000 | €575 | -€3,425 | -85.6% |
| Other amounts receivable | 41 | €4,000 | €575 | -€3,425 | -85.6% |
| Cash at bank and in hand | 54/58 | €19,464 | €4,314 | -€15,150 | -77.8% |
| Total equity and liabilities | 10/49 | €95,799 | €61,627 | -€34,172 | -35.7% |
| Equity | 10/15 | -€1,132 | -€12,631 | -€11,498 | -1015.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €891 | €891 | = | 0.0% |
| Distributable reserves | 133 | €891 | €891 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,623 | -€32,121 | -€11,498 | -55.8% |
| Amounts payable | 17/49 | €96,931 | €74,257 | -€22,674 | -23.4% |
| Amounts payable after more than one year | 17 | €39,451 | €35,819 | -€3,633 | -9.2% |
| Financial debts | 170/4 | €39,451 | €35,819 | -€3,633 | -9.2% |
| Amounts payable within one year | 42/48 | €57,480 | €38,439 | -€19,041 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €6,744 | €3,206 | -€3,538 | -52.5% |
| Financial debts | 43 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Credit institutions | 430/8 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Trade debts | 44 | €2,314 | €1,615 | -€699 | -30.2% |
| Suppliers | 440/4 | €2,314 | €1,615 | -€699 | -30.2% |
| Taxes, remuneration and social security | 45 | €727 | €353 | -€375 | -51.5% |
| Taxes | 450/3 | €727 | €353 | -€375 | -51.5% |
| Other amounts payable | 47/48 | €22,694 | €18,265 | -€4,430 | -19.5% |
| Non-recurring operating income | 76A | - | €1,334 | +€1,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,251 | €1,496 | -€1,755 | -54.0% |
| Other operating charges | 640/8 | €2,357 | €3,613 | +€1,256 | +53.3% |
| Gross operating margin | 9900 | -€16,383 | -€1,935 | +€14,448 | +88.2% |
| Operating profit (loss) | 9901 | -€21,991 | -€7,044 | +€14,947 | +68.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,190 | €3,453 | +€263 | +8.2% |
| Recurring financial charges | 65 | €3,190 | €3,453 | +€263 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€25,181 | -€10,497 | +€14,684 | +58.3% |
| Income taxes | 67/77 | - | €1,002 | +€1,002 | |
| Profit (loss) for the period | 9904 | -€25,181 | -€11,498 | +€13,683 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,181 | -€11,498 | +€13,683 | +54.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.