MAW: 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.
MAW
Largest movements
- Current investments -€504
no longer reported in 2024 (was €504)
- Cash +€504
new in 2024: €504
mainly Current investments (+€504) and Tax, wage and social debts (+€248)
- Profit (loss) carried forward -€248
down €248 (-34.5%), from -€717 to -€964
- Tax, wage and social debts +€248
up €248 (+4.1%), from €6,017 to €6,264
- Gross operating margin +€4,067
no longer reported in 2024 (was -€4,067)
- Taxes -€1,270
no longer reported in 2024 (was €1,270)
- Other operating charges -€195
down €195 (-44.1%), from €442 to €248
- Financial charges -€107
no longer reported in 2024 (was €107)
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 | €13,280 | €13,280 | = | 0.0% |
| Current assets | 29/58 | €13,280 | €13,280 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,776 | €12,776 | = | 0.0% |
| Other amounts receivable | 41 | €12,776 | €12,776 | = | 0.0% |
| Current investments | 50/53 | €504 | - | -€504 | |
| Cash at bank and in hand | 54/58 | - | €504 | +€504 | |
| Total equity and liabilities | 10/49 | €13,280 | €13,280 | = | 0.0% |
| Equity | 10/15 | €2,283 | €2,036 | -€248 | -10.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€717 | -€964 | -€248 | -34.5% |
| Amounts payable | 17/49 | €10,997 | €11,244 | +€248 | +2.3% |
| Amounts payable within one year | 42/48 | €10,997 | €11,244 | +€248 | +2.3% |
| Trade debts | 44 | €4,980 | €4,980 | = | 0.0% |
| Suppliers | 440/4 | €4,980 | €4,980 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,017 | €6,264 | +€248 | +4.1% |
| Taxes | 450/3 | €6,017 | €6,264 | +€248 | +4.1% |
| Other operating charges | 640/8 | €442 | €248 | -€195 | -44.1% |
| Gross operating margin | 9900 | -€4,067 | - | +€4,067 | |
| Operating profit (loss) | 9901 | -€4,509 | -€248 | +€4,262 | +94.5% |
| Financial charges | 65/66B | €107 | - | -€107 | |
| Recurring financial charges | 65 | €107 | - | -€107 | |
| Profit (loss) for the period before taxes | 9903 | -€4,617 | -€248 | +€4,369 | +94.6% |
| Income taxes | 67/77 | €1,270 | - | -€1,270 | |
| Profit (loss) for the period | 9904 | -€5,887 | -€248 | +€5,639 | +95.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,887 | -€248 | +€5,639 | +95.8% |
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 7 October 2026 via checked.be.