Mattel Belgium: 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.
What changed
Mattel Belgium
NACE 46.496, Wholesale trade
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€149,040
2022 · €269,025-€119,985
Equity
€12.4m
2022 · €12.3m+€149,040
Cash
-
not filed
Balance sheet total
€16.6m
2022 · €17.6m-€1.0m
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-5.9%), from €17.6m to €16.6m
of which Other amounts receivable: -€664,483
Equity and liabilities
- Accrued charges and deferred income -€1.4m
down €1.4m (-30.0%), from €4.7m to €3.3m
Income statement
- Staff costs -€342,561
down €342,561 (-30.2%), from €1.1m to €789,907
- Turnover -€308,413
down €308,413 (-21.2%), from €1.5m to €1.1m
- Other operating income -€230,062
down €230,062 (-50.1%), from €459,492 to €229,430
- Services and other goods -€60,921
down €60,921 (-15.2%), from €399,758 to €338,837
- Taxes -€16,086
down €16,086 (-16.2%), from €99,422 to €83,336
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.
Result 2022
€269,025
Turnover
-€308,413
Other operating income
-€230,062
Services and other goods
+€60,921
Staff costs
+€342,561
Depreciation
+€2,836
Financial income
+€8,089
Financial charges
-€12,003
Taxes
+€16,086
Result 2023
€149,040
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,599,699 | €16,554,044 | -€1.0m | -5.9% |
| Fixed assets | 21/28 | €3,830 | €2,706 | -€1,124 | -29.3% |
| Tangible fixed assets | 22/27 | €2,496 | €1,372 | -€1,124 | -45.0% |
| Furniture and vehicles | 24 | €2,496 | €1,372 | -€1,124 | -45.0% |
| Financial fixed assets | 28 | €1,334 | €1,334 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,334 | €1,334 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,334 | €1,334 | = | 0.0% |
| Current assets | 29/58 | €17,595,869 | €16,551,338 | -€1.0m | -5.9% |
| Amounts receivable within one year | 40/41 | €17,595,869 | €16,551,338 | -€1.0m | -5.9% |
| Trade receivables | 40 | €3,369,604 | €2,989,556 | -€380,048 | -11.3% |
| Other amounts receivable | 41 | €14,226,265 | €13,561,782 | -€664,483 | -4.7% |
| Total equity and liabilities | 10/49 | €17,599,699 | €16,554,044 | -€1.0m | -5.9% |
| Equity | 10/15 | €12,270,249 | €12,419,289 | +€149,040 | +1.2% |
| Contributions | 10/11 | €1,573,000 | €1,573,000 | = | 0.0% |
| Capital | 10 | €1,573,000 | €1,573,000 | = | 0.0% |
| Issued capital | 100 | €1,573,000 | €1,573,000 | = | 0.0% |
| Reserves | 13 | €158,000 | €158,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €158,000 | €158,000 | = | 0.0% |
| Legal reserve | 130 | €158,000 | €158,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,539,249 | €10,688,289 | +€149,040 | +1.4% |
| Amounts payable | 17/49 | €5,329,450 | €4,134,755 | -€1.2m | -22.4% |
| Amounts payable within one year | 42/48 | €640,211 | €850,574 | +€210,363 | +32.9% |
| Trade debts | 44 | €393,186 | €461,873 | +€68,687 | +17.5% |
| Suppliers | 440/4 | €393,186 | €461,873 | +€68,687 | +17.5% |
| Taxes, remuneration and social security | 45 | €237,714 | €373,657 | +€135,943 | +57.2% |
| Taxes | 450/3 | - | €199,210 | +€199,210 | |
| Remuneration and social security | 454/9 | €237,714 | €174,447 | -€63,267 | -26.6% |
| Other amounts payable | 47/48 | €9,311 | €15,044 | +€5,733 | +61.6% |
| Accrued charges and deferred income | 492/3 | €4,689,239 | €3,284,181 | -€1.4m | -30.0% |
| Operating income | 70/76A | €1,911,241 | €1,372,766 | -€538,475 | -28.2% |
| Turnover | 70 | €1,451,749 | €1,143,336 | -€308,413 | -21.2% |
| Other operating income | 74 | €459,492 | €229,430 | -€230,062 | -50.1% |
| Operating charges | 60/66A | €1,536,186 | €1,129,868 | -€406,318 | -26.4% |
| Services and other goods | 61 | €399,758 | €338,837 | -€60,921 | -15.2% |
| Remuneration, social security and pensions | 62 | €1,132,468 | €789,907 | -€342,561 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,960 | €1,124 | -€2,836 | -71.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €375,055 | €242,898 | -€132,157 | -35.2% |
| Recurring financial income | 75 | €97 | €8,186 | +€8,089 | +8,339% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | €8 | €8,186 | +€8,178 | +102,225% |
| Other financial income | 752/9 | €89 | €0 | -€89 | -100% |
| Financial charges | 65/66B | €6,705 | €18,708 | +€12,003 | +179% |
| Recurring financial charges | 65 | €6,705 | €18,708 | +€12,003 | +179% |
| Debt charges | 650 | €5,928 | €18,708 | +€12,780 | +216% |
| Other financial charges | 652/9 | €777 | €0 | -€777 | -100% |
| Profit (loss) for the period before taxes | 9903 | €368,447 | €232,376 | -€136,071 | -36.9% |
| Income taxes | 67/77 | €99,422 | €83,336 | -€16,086 | -16.2% |
| Taxes | 670/3 | €99,422 | €83,336 | -€16,086 | -16.2% |
| Profit (loss) for the period | 9904 | €269,025 | €149,040 | -€119,985 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €269,025 | €149,040 | -€119,985 | -44.6% |
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 28 October 2026 via checked.be.