MESSAUX: 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.
MESSAUX
Largest movements
- Cash -€35,208
down €35,208 (-81.5%), from €43,184 to €7,977
mainly Net result for the year (-€43,687) and Tax, wage and social debts (-€9,424)
- Receivables within one year -€13,933
down €13,933 (-61.1%), from €22,818 to €8,885
of which Trade receivables: -€14,058
- Tangible fixed assets -€9,255
down €9,255 (-46.9%), from €19,753 to €10,498
of which Furniture and vehicles: -€7,365
- Stocks and contracts +€6,125
up €6,125 (+195.1%), from €3,140 to €9,265
- Profit (loss) carried forward -€43,687
new in 2024: -€43,687
- Tax, wage and social debts -€9,424
down €9,424 (-22.5%), from €41,890 to €32,466
of which Remuneration and social security: -€14,958
- Other debts -€1,779
down €1,779 (-72.6%), from €2,451 to €672
- Trade debts +€1,408
new in 2024: €1,408
- Contributions +€1,080
up €1,080 (+6.2%), from €17,520 to €18,600
- Gross operating margin -€73,386
down €73,386 (-77.6%), from €94,584 to €21,197
- Staff costs -€26,986
down €26,986 (-33.0%), from €81,695 to €54,709
- Other operating charges -€3,610
down €3,610 (-81.8%), from €4,411 to €801
- Depreciation +€2,211
up €2,211 (+31.4%), from €7,044 to €9,255
- Taxes -€1,186
no longer reported in 2024 (was €1,186)
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 | €89,027 | €36,625 | -€52,402 | -58.9% |
| Fixed assets | 21/28 | €19,753 | €10,498 | -€9,255 | -46.9% |
| Tangible fixed assets | 22/27 | €19,753 | €10,498 | -€9,255 | -46.9% |
| Plant, machinery and equipment | 23 | €3,308 | €1,418 | -€1,890 | -57.1% |
| Furniture and vehicles | 24 | €16,445 | €9,081 | -€7,365 | -44.8% |
| Current assets | 29/58 | €69,274 | €26,127 | -€43,147 | -62.3% |
| Stocks and contracts in progress | 3 | €3,140 | €9,265 | +€6,125 | +195.1% |
| Stocks | 30/36 | €3,140 | €9,265 | +€6,125 | +195.1% |
| Amounts receivable within one year | 40/41 | €22,818 | €8,885 | -€13,933 | -61.1% |
| Trade receivables | 40 | €22,698 | €8,640 | -€14,058 | -61.9% |
| Other amounts receivable | 41 | €120 | €245 | +€125 | +104.2% |
| Cash at bank and in hand | 54/58 | €43,184 | €7,977 | -€35,208 | -81.5% |
| Deferred charges and accrued income | 490/1 | €132 | - | -€132 | |
| Total equity and liabilities | 10/49 | €89,027 | €36,625 | -€52,402 | -58.9% |
| Equity | 10/15 | €44,685 | €2,078 | -€42,607 | -95.3% |
| Contributions | 10/11 | €17,520 | €18,600 | +€1,080 | +6.2% |
| Reserves | 13 | €27,165 | €27,165 | = | 0.0% |
| Distributable reserves | 133 | €27,165 | €27,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€43,687 | -€43,687 | |
| Amounts payable | 17/49 | €44,341 | €34,546 | -€9,795 | -22.1% |
| Amounts payable within one year | 42/48 | €44,341 | €34,546 | -€9,795 | -22.1% |
| Trade debts | 44 | - | €1,408 | +€1,408 | |
| Suppliers | 440/4 | - | €1,408 | +€1,408 | |
| Taxes, remuneration and social security | 45 | €41,890 | €32,466 | -€9,424 | -22.5% |
| Taxes | 450/3 | €3,707 | €9,241 | +€5,534 | +149.3% |
| Remuneration and social security | 454/9 | €38,183 | €23,225 | -€14,958 | -39.2% |
| Other amounts payable | 47/48 | €2,451 | €672 | -€1,779 | -72.6% |
| Remuneration, social security and pensions | 62 | €81,695 | €54,709 | -€26,986 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,044 | €9,255 | +€2,211 | +31.4% |
| Other operating charges | 640/8 | €4,411 | €801 | -€3,610 | -81.8% |
| Gross operating margin | 9900 | €94,584 | €21,197 | -€73,386 | -77.6% |
| Operating profit (loss) | 9901 | €1,434 | -€43,567 | -€45,001 | |
| Financial charges | 65/66B | €106 | €119 | +€13 | +12.3% |
| Recurring financial charges | 65 | €106 | €119 | +€13 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €1,327 | -€43,687 | -€45,014 | |
| Income taxes | 67/77 | €1,186 | - | -€1,186 | |
| Profit (loss) for the period | 9904 | €141 | -€43,687 | -€43,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €141 | -€43,687 | -€43,828 |
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.