MF PIERRE: 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.
MF PIERRE
Largest movements
- Receivables within one year +€16,611
up €16,611 (+28.9%), from €57,458 to €74,069
of which Trade receivables: +€17,705
- Cash -€7,119
down €7,119 (-95.1%), from €7,483 to €363
- Deferred charges and accrued income -€775
no longer reported in 2023 (was €775)
- Profit (loss) carried forward -€11,883
down €11,883 (-82.1%), from €14,478 to €2,595
- Trade debts +€10,222
up €10,222 (+41.9%), from €24,382 to €34,604
- Tax, wage and social debts +€9,790
up €9,790 (+52.9%), from €18,499 to €28,289
of which Taxes: +€7,879
- Gross operating margin -€16,841
down €16,841 (-78.4%), from €21,477 to €4,637
- Staff costs -€7,321
no longer reported in 2023 (was €7,321)
- Taxes -€3,172
no longer reported in 2023 (was €3,172)
- Other operating charges -€1,097
down €1,097 (-41.7%), from €2,631 to €1,534
- Financial charges -€628
down €628 (-29.2%), from €2,149 to €1,520
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,715 | €74,432 | +€8,717 | +13.3% |
| Current assets | 29/58 | €65,715 | €74,432 | +€8,717 | +13.3% |
| Amounts receivable within one year | 40/41 | €57,458 | €74,069 | +€16,611 | +28.9% |
| Trade receivables | 40 | €53,102 | €70,808 | +€17,705 | +33.3% |
| Other amounts receivable | 41 | €4,356 | €3,261 | -€1,094 | -25.1% |
| Cash at bank and in hand | 54/58 | €7,483 | €363 | -€7,119 | -95.1% |
| Deferred charges and accrued income | 490/1 | €775 | - | -€775 | |
| Total equity and liabilities | 10/49 | €65,715 | €74,432 | +€8,717 | +13.3% |
| Equity | 10/15 | €22,833 | €10,950 | -€11,883 | -52.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,478 | €2,595 | -€11,883 | -82.1% |
| Amounts payable | 17/49 | €42,882 | €63,482 | +€20,600 | +48.0% |
| Amounts payable within one year | 42/48 | €42,882 | €63,482 | +€20,600 | +48.0% |
| Trade debts | 44 | €24,382 | €34,604 | +€10,222 | +41.9% |
| Suppliers | 440/4 | €24,382 | €34,604 | +€10,222 | +41.9% |
| Taxes, remuneration and social security | 45 | €18,499 | €28,289 | +€9,790 | +52.9% |
| Taxes | 450/3 | €10,212 | €18,091 | +€7,879 | +77.2% |
| Remuneration and social security | 454/9 | €8,288 | €10,199 | +€1,911 | +23.1% |
| Other amounts payable | 47/48 | - | €588 | +€588 | |
| Remuneration, social security and pensions | 62 | €7,321 | - | -€7,321 | |
| Other operating charges | 640/8 | €2,631 | €1,534 | -€1,097 | -41.7% |
| Gross operating margin | 9900 | €21,477 | €4,637 | -€16,841 | -78.4% |
| Operating profit (loss) | 9901 | €11,525 | €3,103 | -€8,422 | -73.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | +1,493% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1,493% |
| Financial charges | 65/66B | €2,149 | €1,520 | -€628 | -29.2% |
| Recurring financial charges | 65 | €2,149 | €1,520 | -€628 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €9,377 | €1,585 | -€7,792 | -83.1% |
| Income taxes | 67/77 | €3,172 | - | -€3,172 | |
| Profit (loss) for the period | 9904 | €6,205 | €1,585 | -€4,620 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,205 | €1,585 | -€4,620 | -74.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.