MB ART: 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 ART
Largest movements
- Cash -€4,551
down €4,551 (-89.9%), from €5,063 to €512
mainly Tax, wage and social debts (-€3,749) and Receivables after one year (-€1,816)
- Receivables after one year +€1,816
up €1,816 (+2.9%), from €63,481 to €65,297
- Tax, wage and social debts -€3,749
down €3,749 (-57.0%), from €6,574 to €2,825
of which Taxes: -€3,382
- Other debts +€2,778
up €2,778 (+101%), from €2,763 to €5,541
- Trade debts -€758
down €758 (-17.6%), from €4,307 to €3,549
- Gross operating margin -€7,053
down €7,053 (-22.4%), from €31,519 to €24,466
- Taxes -€1,750
down €1,750 (-85.9%), from €2,037 to €288
- Staff costs +€1,021
up €1,021 (+4.2%), from €24,085 to €25,105
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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,869 | €69,787 | -€2,081 | -2.9% |
| Fixed assets | 21/28 | €1,371 | €1,005 | -€366 | -26.7% |
| Tangible fixed assets | 22/27 | €950 | €584 | -€366 | -38.5% |
| Furniture and vehicles | 24 | €950 | €584 | -€366 | -38.5% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €70,498 | €68,782 | -€1,716 | -2.4% |
| Amounts receivable after more than one year | 29 | €63,481 | €65,297 | +€1,816 | +2.9% |
| Other amounts receivable | 291 | €63,481 | €65,297 | +€1,816 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,891 | €2,430 | +€539 | +28.5% |
| Trade receivables | 40 | €1,891 | €1,266 | -€625 | -33.0% |
| Other amounts receivable | 41 | - | €1,164 | +€1,164 | |
| Cash at bank and in hand | 54/58 | €5,063 | €512 | -€4,551 | -89.9% |
| Deferred charges and accrued income | 490/1 | €63 | €544 | +€481 | +763% |
| Total equity and liabilities | 10/49 | €71,869 | €69,787 | -€2,081 | -2.9% |
| Equity | 10/15 | €58,224 | €57,872 | -€352 | -0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,599 | €35,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,739 | €33,739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,225 | €9,874 | -€352 | -3.4% |
| Amounts payable | 17/49 | €13,645 | €11,915 | -€1,730 | -12.7% |
| Amounts payable within one year | 42/48 | €13,645 | €11,915 | -€1,730 | -12.7% |
| Trade debts | 44 | €4,307 | €3,549 | -€758 | -17.6% |
| Suppliers | 440/4 | €4,307 | €3,549 | -€758 | -17.6% |
| Taxes, remuneration and social security | 45 | €6,574 | €2,825 | -€3,749 | -57.0% |
| Taxes | 450/3 | €6,207 | €2,825 | -€3,382 | -54.5% |
| Remuneration and social security | 454/9 | €367 | - | -€367 | |
| Other amounts payable | 47/48 | €2,763 | €5,541 | +€2,778 | +101% |
| Remuneration, social security and pensions | 62 | €24,085 | €25,105 | +€1,021 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €366 | -€29 | -7.4% |
| Other operating charges | 640/8 | - | €249 | +€249 | |
| Gross operating margin | 9900 | €31,519 | €24,466 | -€7,053 | -22.4% |
| Operating profit (loss) | 9901 | €7,040 | -€1,254 | -€8,294 | |
| Financial income | 75/76B | €1,767 | €1,816 | +€49 | +2.8% |
| Recurring financial income | 75 | €1,767 | €1,816 | +€49 | +2.8% |
| Financial charges | 65/66B | €358 | €626 | +€268 | +74.8% |
| Recurring financial charges | 65 | €358 | €626 | +€268 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €8,449 | -€64 | -€8,513 | |
| Income taxes | 67/77 | €2,037 | €288 | -€1,750 | -85.9% |
| Profit (loss) for the period | 9904 | €6,411 | -€352 | -€6,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,411 | -€352 | -€6,763 |
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 13 October 2026 via checked.be.