MFI Shop: 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.
MFI Shop
Largest movements
- Current investments +€400,000
up €400,000 (+400%), from €100,000 to €500,000
- Cash -€280,812
down €280,812 (-79.3%), from €354,125 to €73,313
mainly Current investments (-€400,000) and Tax, wage and social debts (-€40,951)
- Receivables within one year +€10,456
up €10,456 (+30.6%), from €34,125 to €44,580
- Profit (loss) carried forward +€167,369
up €167,369 (+41.4%), from €404,683 to €572,052
- Tax, wage and social debts -€40,951
down €40,951 (-37.4%), from €109,434 to €68,483
- Gross operating margin -€7,316
down €7,316 (-3.2%), from €232,181 to €224,865
- Taxes +€2,727
up €2,727 (+5.2%), from €52,799 to €55,526
From the 2022 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
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,254 | €644,024 | +€126,769 | +24.5% |
| Fixed assets | 21/28 | €29,005 | €26,097 | -€2,907 | -10.0% |
| Tangible fixed assets | 22/27 | €4,005 | €1,097 | -€2,907 | -72.6% |
| Furniture and vehicles | 24 | €4,005 | €1,097 | -€2,907 | -72.6% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €488,250 | €617,926 | +€129,677 | +26.6% |
| Amounts receivable within one year | 40/41 | €34,125 | €44,580 | +€10,456 | +30.6% |
| Other amounts receivable | 41 | €34,125 | €44,580 | +€10,456 | +30.6% |
| Current investments | 50/53 | €100,000 | €500,000 | +€400,000 | +400% |
| Cash at bank and in hand | 54/58 | €354,125 | €73,313 | -€280,812 | -79.3% |
| Deferred charges and accrued income | 490/1 | €0 | €33 | +€33 | +7,593% |
| Total equity and liabilities | 10/49 | €517,254 | €644,024 | +€126,769 | +24.5% |
| Equity | 10/15 | €407,683 | €575,052 | +€167,369 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404,683 | €572,052 | +€167,369 | +41.4% |
| Amounts payable | 17/49 | €109,572 | €68,972 | -€40,600 | -37.1% |
| Amounts payable within one year | 42/48 | €109,572 | €68,972 | -€40,600 | -37.1% |
| Financial debts | 43 | - | €248 | +€248 | |
| Credit institutions | 430/8 | - | €248 | +€248 | |
| Trade debts | 44 | €138 | €241 | +€103 | +74.8% |
| Suppliers | 440/4 | €138 | €241 | +€103 | +74.8% |
| Taxes, remuneration and social security | 45 | €109,434 | €68,483 | -€40,951 | -37.4% |
| Taxes | 450/3 | €109,434 | €68,483 | -€40,951 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,021 | €2,907 | -€1,114 | -27.7% |
| Other operating charges | 640/8 | €961 | €985 | +€23 | +2.4% |
| Gross operating margin | 9900 | €232,181 | €224,865 | -€7,316 | -3.2% |
| Operating profit (loss) | 9901 | €227,198 | €220,973 | -€6,225 | -2.7% |
| Financial income | 75/76B | €1,100 | €2,388 | +€1,288 | +117% |
| Recurring financial income | 75 | €1,100 | €2,388 | +€1,288 | +117% |
| Financial charges | 65/66B | €749 | €465 | -€284 | -37.9% |
| Recurring financial charges | 65 | €749 | €465 | -€284 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €227,549 | €222,896 | -€4,653 | -2.0% |
| Income taxes | 67/77 | €52,799 | €55,526 | +€2,727 | +5.2% |
| Profit (loss) for the period | 9904 | €174,750 | €167,369 | -€7,380 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €174,750 | €167,369 | -€7,380 | -4.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.