MB: 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.
MB
Largest movements
- Cash -€5,234
down €5,234 (-71.5%), from €7,324 to €2,090
mainly Net result for the year (-€8,224)
- Tangible fixed assets -€167
down €167 (-34.3%), from €487 to €320
- Profit (loss) carried forward -€8,224
down €8,224 (-20.5%), from -€40,201 to -€48,425
- Trade debts +€2,823
up €2,823 (+37.0%), from €7,632 to €10,455
- Gross operating margin -€11,087
down €11,087, from €3,901 to -€7,186
- Other operating charges +€272
up €272 (+53.4%), from €509 to €782
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 | €14,966 | €9,565 | -€5,401 | -36.1% |
| Fixed assets | 21/28 | €7,642 | €7,475 | -€167 | -2.2% |
| Tangible fixed assets | 22/27 | €487 | €320 | -€167 | -34.3% |
| Plant, machinery and equipment | 23 | €487 | €320 | -€167 | -34.3% |
| Financial fixed assets | 28 | €7,155 | €7,155 | = | 0.0% |
| Current assets | 29/58 | €7,324 | €2,090 | -€5,234 | -71.5% |
| Cash at bank and in hand | 54/58 | €7,324 | €2,090 | -€5,234 | -71.5% |
| Total equity and liabilities | 10/49 | €14,966 | €9,565 | -€5,401 | -36.1% |
| Equity | 10/15 | -€19,401 | -€27,625 | -€8,224 | -42.4% |
| Contributions | 10/11 | €20,800 | €20,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,201 | -€48,425 | -€8,224 | -20.5% |
| Amounts payable | 17/49 | €34,367 | €37,190 | +€2,823 | +8.2% |
| Amounts payable within one year | 42/48 | €34,367 | €37,190 | +€2,823 | +8.2% |
| Trade debts | 44 | €7,632 | €10,455 | +€2,823 | +37.0% |
| Suppliers | 440/4 | €7,632 | €10,455 | +€2,823 | +37.0% |
| Other amounts payable | 47/48 | €26,735 | €26,735 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €167 | = | 0.0% |
| Other operating charges | 640/8 | €509 | €782 | +€272 | +53.4% |
| Gross operating margin | 9900 | €3,901 | -€7,186 | -€11,087 | |
| Operating profit (loss) | 9901 | €3,224 | -€8,135 | -€11,359 | |
| Financial income | 75/76B | €8 | €0 | -€8 | -100.0% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100.0% |
| Financial charges | 65/66B | €85 | €89 | +€4 | +4.2% |
| Recurring financial charges | 65 | €85 | €89 | +€4 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €3,147 | -€8,224 | -€11,371 | |
| Profit (loss) for the period | 9904 | €3,147 | -€8,224 | -€11,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,147 | -€8,224 | -€11,371 |
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 11 October 2026 via checked.be.