MBAT CONSULTING: 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.
MBAT CONSULTING
Largest movements
- Receivables after one year +€185,000
new in 2024: €185,000
- Receivables within one year +€58,359
up €58,359 (+206%), from €28,350 to €86,709
of which Other amounts receivable: +€50,320
- Financial fixed assets +€22,400
up €22,400 (+3.5%), from €640,560 to €662,960
- Cash +€21,151
new in 2024: €21,151
mainly Debts after one year (+€293,499) and Current portion of long-term debt (+€59,479)
- Debts after one year +€293,499
up €293,499 (+53.8%), from €545,946 to €839,446
of which Financial debts: +€289,175
- Profit (loss) carried forward -€62,463
down €62,463, from €42,780 to -€19,683
- Current portion of long-term debt +€59,479
up €59,479 (+242%), from €24,579 to €84,057
- Gross operating margin -€81,457
down €81,457, from €58,871 to -€22,586
- Taxes +€7,893
up €7,893 (+231%), from €3,423 to €11,316
- Financial charges +€6,404
up €6,404 (+100%), from €6,386 to €12,791
- Depreciation -€1,102
down €1,102 (-8.6%), from €12,757 to €11,655
- Financial income +€900
new in 2024: €900
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.
Derived cash bridge
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 | €700,957 | €991,776 | +€290,820 | +41.5% |
| Fixed assets | 21/28 | €672,165 | €690,416 | +€18,251 | +2.7% |
| Tangible fixed assets | 22/27 | €31,605 | €27,456 | -€4,149 | -13.1% |
| Plant, machinery and equipment | 23 | €17,296 | €10,648 | -€6,648 | -38.4% |
| Furniture and vehicles | 24 | €14,309 | €16,808 | +€2,499 | +17.5% |
| Financial fixed assets | 28 | €640,560 | €662,960 | +€22,400 | +3.5% |
| Current assets | 29/58 | €28,792 | €301,360 | +€272,568 | +947% |
| Amounts receivable after more than one year | 29 | - | €185,000 | +€185,000 | |
| Trade receivables | 290 | - | €185,000 | +€185,000 | |
| Amounts receivable within one year | 40/41 | €28,350 | €86,709 | +€58,359 | +206% |
| Trade receivables | 40 | €28,350 | €36,389 | +€8,039 | +28.4% |
| Other amounts receivable | 41 | - | €50,320 | +€50,320 | |
| Cash at bank and in hand | 54/58 | - | €21,151 | +€21,151 | |
| Deferred charges and accrued income | 490/1 | €442 | €8,500 | +€8,058 | +1,825% |
| Total equity and liabilities | 10/49 | €700,957 | €991,776 | +€290,820 | +41.5% |
| Equity | 10/15 | €65,316 | €2,853 | -€62,463 | -95.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,936 | €3,936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €477 | €477 | = | 0.0% |
| Reserves not available under the articles | 1311 | €477 | €477 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,459 | €3,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,780 | -€19,683 | -€62,463 | |
| Amounts payable | 17/49 | €635,641 | €988,923 | +€353,282 | +55.6% |
| Amounts payable after more than one year | 17 | €545,946 | €839,446 | +€293,499 | +53.8% |
| Financial debts | 170/4 | €60,270 | €349,446 | +€289,175 | +480% |
| Other amounts payable | 178/9 | €485,676 | €490,000 | +€4,324 | +0.9% |
| Amounts payable within one year | 42/48 | €89,695 | €149,478 | +€59,783 | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €24,579 | €84,057 | +€59,479 | +242% |
| Trade debts | 44 | €54,388 | €54,477 | +€89 | +0.2% |
| Suppliers | 440/4 | €54,388 | €54,477 | +€89 | +0.2% |
| Taxes, remuneration and social security | 45 | €9,478 | €10,944 | +€1,465 | +15.5% |
| Taxes | 450/3 | €9,478 | €10,944 | +€1,465 | +15.5% |
| Other amounts payable | 47/48 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,757 | €11,655 | -€1,102 | -8.6% |
| Other operating charges | 640/8 | €5,055 | €5,015 | -€40 | -0.8% |
| Gross operating margin | 9900 | €58,871 | -€22,586 | -€81,457 | |
| Operating profit (loss) | 9901 | €41,059 | -€39,256 | -€80,315 | |
| Financial income | 75/76B | - | €900 | +€900 | |
| Recurring financial income | 75 | - | €900 | +€900 | |
| Financial charges | 65/66B | €6,386 | €12,791 | +€6,404 | +100% |
| Recurring financial charges | 65 | €6,386 | €12,791 | +€6,404 | +100% |
| Profit (loss) for the period before taxes | 9903 | €34,672 | -€51,147 | -€85,819 | |
| Income taxes | 67/77 | €3,423 | €11,316 | +€7,893 | +231% |
| Profit (loss) for the period | 9904 | €31,249 | -€62,463 | -€93,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,249 | -€62,463 | -€93,712 |
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 28 October 2026 via checked.be.