MD COMPTA: 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.
MD COMPTA
Largest movements
- Current investments +€50,000
new in 2024: €50,000
- Receivables within one year -€25,939
down €25,939 (-37.4%), from €69,290 to €43,351
of which Trade receivables: -€22,803
- Intangible fixed assets -€21,794
down €21,794 (-69.2%), from €31,494 to €9,700
- Cash +€9,760
up €9,760 (+21.2%), from €45,989 to €55,749
mainly Depreciation (+€38,753) and Receivables within one year (+€25,939)
- Tangible fixed assets -€2,958
down €2,958 (-7.4%), from €39,895 to €36,936
of which Plant, machinery and equipment: -€2,129
- Other debts +€9,512
up €9,512 (+48.0%), from €19,809 to €29,321
- Current portion of long-term debt -€6,488
down €6,488 (-91.6%), from €7,086 to €598
- Reserves +€6,000
up €6,000 (+4.9%), from €121,360 to €127,360
- Gross operating margin +€9,601
up €9,601 (+10.0%), from €95,937 to €105,538
- Depreciation +€9,459
up €9,459 (+32.3%), from €29,293 to €38,753
- Write-downs -€3,633
down €3,633 (-36.3%), from €10,017 to €6,384
- Other operating charges +€1,638
up €1,638 (+53.5%), from €3,063 to €4,701
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 | €192,073 | €201,297 | +€9,224 | +4.8% |
| Fixed assets | 21/28 | €71,389 | €46,636 | -€24,753 | -34.7% |
| Intangible fixed assets | 21 | €31,494 | €9,700 | -€21,794 | -69.2% |
| Tangible fixed assets | 22/27 | €39,895 | €36,936 | -€2,958 | -7.4% |
| Plant, machinery and equipment | 23 | €4,014 | €1,885 | -€2,129 | -53.0% |
| Furniture and vehicles | 24 | €3,280 | €2,304 | -€976 | -29.8% |
| Other tangible fixed assets | 26 | €32,601 | €32,747 | +€146 | +0.4% |
| Current assets | 29/58 | €120,685 | €154,661 | +€33,976 | +28.2% |
| Amounts receivable within one year | 40/41 | €69,290 | €43,351 | -€25,939 | -37.4% |
| Trade receivables | 40 | €60,615 | €37,812 | -€22,803 | -37.6% |
| Other amounts receivable | 41 | €8,675 | €5,539 | -€3,136 | -36.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €45,989 | €55,749 | +€9,760 | +21.2% |
| Deferred charges and accrued income | 490/1 | €5,406 | €5,561 | +€155 | +2.9% |
| Total equity and liabilities | 10/49 | €192,073 | €201,297 | +€9,224 | +4.8% |
| Equity | 10/15 | €147,311 | €153,879 | +€6,568 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,360 | €127,360 | +€6,000 | +4.9% |
| Distributable reserves | 133 | €121,360 | €127,360 | +€6,000 | +4.9% |
| Profit (loss) carried forward | 14 | €7,351 | €7,919 | +€568 | +7.7% |
| Amounts payable | 17/49 | €44,762 | €47,418 | +€2,656 | +5.9% |
| Amounts payable after more than one year | 17 | €598 | - | -€598 | |
| Financial debts | 170/4 | €598 | - | -€598 | |
| Amounts payable within one year | 42/48 | €44,158 | €47,418 | +€3,260 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €7,086 | €598 | -€6,488 | -91.6% |
| Trade debts | 44 | €1,804 | €1,230 | -€574 | -31.8% |
| Suppliers | 440/4 | €1,804 | €1,230 | -€574 | -31.8% |
| Taxes, remuneration and social security | 45 | €15,460 | €16,270 | +€809 | +5.2% |
| Taxes | 450/3 | €11,982 | €12,345 | +€363 | +3.0% |
| Remuneration and social security | 454/9 | €3,478 | €3,925 | +€446 | +12.8% |
| Other amounts payable | 47/48 | €19,809 | €29,321 | +€9,512 | +48.0% |
| Accrued charges and deferred income | 492/3 | €6 | - | -€6 | |
| Remuneration, social security and pensions | 62 | €21,376 | €21,666 | +€290 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,293 | €38,753 | +€9,459 | +32.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,017 | €6,384 | -€3,633 | -36.3% |
| Other operating charges | 640/8 | €3,063 | €4,701 | +€1,638 | +53.5% |
| Gross operating margin | 9900 | €95,937 | €105,538 | +€9,601 | +10.0% |
| Operating profit (loss) | 9901 | €32,187 | €34,034 | +€1,847 | +5.7% |
| Financial income | 75/76B | €196 | €1,008 | +€812 | +414.7% |
| Recurring financial income | 75 | €196 | €1,008 | +€812 | +414.7% |
| Financial charges | 65/66B | €814 | €614 | -€201 | -24.6% |
| Recurring financial charges | 65 | €814 | €614 | -€201 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €31,569 | €34,428 | +€2,859 | +9.1% |
| Income taxes | 67/77 | €9,080 | €9,861 | +€780 | +8.6% |
| Profit (loss) for the period | 9904 | €22,489 | €24,568 | +€2,079 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,489 | €24,568 | +€2,079 | +9.2% |
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 30 September 2026 via checked.be.