MESSIAEN PAUL: 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.
MESSIAEN PAUL
Largest movements
- Cash +€23,787
up €23,787 (+121%), from €19,711 to €43,498
mainly Net result for the year (+€31,335) and Tax, wage and social debts (+€4,531)
- Receivables within one year +€10,656
up €10,656 (+379%), from €2,811 to €13,467
of which Trade receivables: +€7,594
- Reserves +€31,335
up €31,335 (+293%), from €10,699 to €42,034
- Tax, wage and social debts +€4,531
up €4,531 (+136%), from €3,329 to €7,860
- Trade debts -€1,261
down €1,261 (-29.1%), from €4,327 to €3,067
- Gross operating margin +€26,315
up €26,315 (+184%), from €14,299 to €40,614
- Taxes +€6,037
up €6,037 (+181%), from €3,329 to €9,366
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 | €23,355 | €57,961 | +€34,605 | +148% |
| Fixed assets | 21/28 | - | €443 | +€443 | |
| Tangible fixed assets | 22/27 | - | €443 | +€443 | |
| Furniture and vehicles | 24 | - | €443 | +€443 | |
| Current assets | 29/58 | €23,355 | €57,517 | +€34,162 | +146% |
| Amounts receivable within one year | 40/41 | €2,811 | €13,467 | +€10,656 | +379% |
| Trade receivables | 40 | €145 | €7,738 | +€7,594 | +5,246% |
| Other amounts receivable | 41 | €2,666 | €5,729 | +€3,063 | +115% |
| Cash at bank and in hand | 54/58 | €19,711 | €43,498 | +€23,787 | +121% |
| Deferred charges and accrued income | 490/1 | €834 | €552 | -€282 | -33.8% |
| Total equity and liabilities | 10/49 | €23,355 | €57,961 | +€34,605 | +148% |
| Equity | 10/15 | €15,699 | €47,034 | +€31,335 | +200% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,699 | €42,034 | +€31,335 | +293% |
| Distributable reserves | 133 | €10,699 | €42,034 | +€31,335 | +293% |
| Amounts payable | 17/49 | €7,656 | €10,927 | +€3,271 | +42.7% |
| Amounts payable within one year | 42/48 | €7,656 | €10,927 | +€3,271 | +42.7% |
| Trade debts | 44 | €4,327 | €3,067 | -€1,261 | -29.1% |
| Suppliers | 440/4 | €4,327 | €3,067 | -€1,261 | -29.1% |
| Taxes, remuneration and social security | 45 | €3,329 | €7,860 | +€4,531 | +136% |
| Taxes | 450/3 | €3,329 | €7,860 | +€4,531 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €186 | +€186 | |
| Other operating charges | 640/8 | €271 | - | -€271 | |
| Gross operating margin | 9900 | €14,299 | €40,614 | +€26,315 | +184% |
| Operating profit (loss) | 9901 | €14,028 | €40,429 | +€26,401 | +188% |
| Financial income | 75/76B | - | €281 | +€281 | |
| Recurring financial income | 75 | - | €281 | +€281 | |
| Financial charges | 65/66B | €0 | €9 | +€9 | +89,000% |
| Recurring financial charges | 65 | €0 | €9 | +€9 | +89,000% |
| Profit (loss) for the period before taxes | 9903 | €14,028 | €40,701 | +€26,673 | +190% |
| Income taxes | 67/77 | €3,329 | €9,366 | +€6,037 | +181% |
| Profit (loss) for the period | 9904 | €10,699 | €31,335 | +€20,636 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €10,699 | €31,335 | +€20,636 | +193% |
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 14 October 2026 via checked.be.