MBAC CONCEPT: 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.
MBAC CONCEPT
Largest movements
- Tangible fixed assets -€17,457
down €17,457 (-17.7%), from €98,537 to €81,080
- Receivables within one year +€5,257
up €5,257 (+306.9%), from €1,713 to €6,970
of which Other amounts receivable: +€6,445
- Other debts -€11,654
no longer reported in 2024 (was €11,654)
- Trade debts -€7,849
down €7,849 (-38.5%), from €20,372 to €12,524
- Profit (loss) carried forward +€4,673
up €4,673 (+14.1%), from €33,066 to €37,739
- Tax, wage and social debts +€1,809
up €1,809 (+22.9%), from €7,887 to €9,695
of which Taxes: +€941
- Purchases and services -€41,500
down €41,500 (-33.7%), from €123,134 to €81,634
- Staff costs +€14,364
up €14,364 (+140.4%), from €10,227 to €24,591
- Gross operating margin -€9,114
down €9,114 (-12.8%), from €71,081 to €61,968
- Other operating charges +€5,424
up €5,424 (+83.5%), from €6,499 to €11,923
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 | €112,980 | €99,958 | -€13,022 | -11.5% |
| Fixed assets | 21/28 | €98,537 | €81,080 | -€17,457 | -17.7% |
| Tangible fixed assets | 22/27 | €98,537 | €81,080 | -€17,457 | -17.7% |
| Plant, machinery and equipment | 23 | €8,330 | €5,817 | -€2,513 | -30.2% |
| Furniture and vehicles | 24 | €30,854 | €22,891 | -€7,963 | -25.8% |
| Other tangible fixed assets | 26 | €59,353 | €52,372 | -€6,981 | -11.8% |
| Current assets | 29/58 | €14,443 | €18,878 | +€4,435 | +30.7% |
| Amounts receivable within one year | 40/41 | €1,713 | €6,970 | +€5,257 | +306.9% |
| Trade receivables | 40 | €1,188 | - | -€1,188 | |
| Other amounts receivable | 41 | €525 | €6,970 | +€6,445 | +1228.3% |
| Cash at bank and in hand | 54/58 | €12,669 | €11,908 | -€761 | -6.0% |
| Deferred charges and accrued income | 490/1 | €61 | - | -€61 | |
| Total equity and liabilities | 10/49 | €112,980 | €99,958 | -€13,022 | -11.5% |
| Equity | 10/15 | €73,066 | €77,739 | +€4,673 | +6.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,066 | €37,739 | +€4,673 | +14.1% |
| Amounts payable | 17/49 | €39,913 | €22,219 | -€17,695 | -44.3% |
| Amounts payable within one year | 42/48 | €39,913 | €22,219 | -€17,695 | -44.3% |
| Trade debts | 44 | €20,372 | €12,524 | -€7,849 | -38.5% |
| Suppliers | 440/4 | €20,372 | €12,524 | -€7,849 | -38.5% |
| Taxes, remuneration and social security | 45 | €7,887 | €9,695 | +€1,809 | +22.9% |
| Taxes | 450/3 | €6,558 | €7,499 | +€941 | +14.3% |
| Remuneration and social security | 454/9 | €1,328 | €2,196 | +€868 | +65.3% |
| Other amounts payable | 47/48 | €11,654 | - | -€11,654 | |
| Goods, raw materials, services and sundry goods | 60/61 | €123,134 | €81,634 | -€41,500 | -33.7% |
| Remuneration, social security and pensions | 62 | €10,227 | €24,591 | +€14,364 | +140.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,254 | €17,907 | +€653 | +3.8% |
| Other operating charges | 640/8 | €6,499 | €11,923 | +€5,424 | +83.5% |
| Gross operating margin | 9900 | €71,081 | €61,968 | -€9,114 | -12.8% |
| Operating profit (loss) | 9901 | €37,101 | €7,546 | -€29,554 | -79.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,310 | €1,162 | -€148 | -11.3% |
| Recurring financial charges | 65 | €1,310 | €1,162 | -€148 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €35,790 | €6,384 | -€29,406 | -82.2% |
| Income taxes | 67/77 | €1,223 | €1,711 | +€488 | +39.9% |
| Profit (loss) for the period | 9904 | €34,567 | €4,673 | -€29,894 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,567 | €4,673 | -€29,894 | -86.5% |
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.