MFLP GESTION: 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.
MFLP GESTION
Largest movements
- Tangible fixed assets +€284,133
up €284,133 (+1248.5%), from €22,758 to €306,891
of which Land and buildings: +€298,445
- Stocks and contracts -€112,069
down €112,069 (-100.0%), from €112,069 to €0
- Receivables within one year +€20,659
up €20,659 (+68.6%), from €30,133 to €50,792
of which Other amounts receivable: +€44,375
- Cash -€20,509
down €20,509 (-64.0%), from €32,050 to €11,540
mainly Investment in fixed assets (net) (-€307,395) and Tax, wage and social debts (-€30,245)
- Receivables after one year +€15,033
up €15,033 (+5.9%), from €253,616 to €268,650
- Debts after one year +€238,530
up €238,530 (+215.2%), from €110,837 to €349,367
- Tax, wage and social debts -€30,245
down €30,245 (-62.5%), from €48,400 to €18,156
of which Taxes: -€31,245
- Other debts -€24,000
down €24,000 (-96.0%), from €25,000 to €1,000
- Gross operating margin -€87,220
down €87,220 (-63.1%), from €138,320 to €51,100
- Write-downs -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Taxes -€11,837
down €11,837 (-90.4%), from €13,095 to €1,258
- Depreciation +€11,098
up €11,098 (+86.9%), from €12,765 to €23,863
- Financial charges +€10,574
up €10,574 (+174.2%), from €6,070 to €16,644
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 | €463,705 | €645,773 | +€182,068 | +39.3% |
| Fixed assets | 21/28 | €25,208 | €308,740 | +€283,532 | +1124.8% |
| Intangible fixed assets | 21 | €601 | €0 | -€601 | -100.0% |
| Tangible fixed assets | 22/27 | €22,758 | €306,891 | +€284,133 | +1248.5% |
| Land and buildings | 22 | - | €298,445 | +€298,445 | |
| Plant, machinery and equipment | 23 | €2,437 | €0 | -€2,437 | -100.0% |
| Furniture and vehicles | 24 | €18,990 | €8,446 | -€10,544 | -55.5% |
| Other tangible fixed assets | 26 | €1,331 | €0 | -€1,331 | -100.0% |
| Financial fixed assets | 28 | €1,848 | €1,848 | = | 0.0% |
| Current assets | 29/58 | €438,497 | €337,034 | -€101,464 | -23.1% |
| Amounts receivable after more than one year | 29 | €253,616 | €268,650 | +€15,033 | +5.9% |
| Other amounts receivable | 291 | €253,616 | €268,650 | +€15,033 | +5.9% |
| Stocks and contracts in progress | 3 | €112,069 | €0 | -€112,069 | -100.0% |
| Stocks | 30/36 | €112,069 | €0 | -€112,069 | -100.0% |
| Amounts receivable within one year | 40/41 | €30,133 | €50,792 | +€20,659 | +68.6% |
| Trade receivables | 40 | €23,716 | €0 | -€23,716 | -100.0% |
| Other amounts receivable | 41 | €6,417 | €50,792 | +€44,375 | +691.5% |
| Cash at bank and in hand | 54/58 | €32,050 | €11,540 | -€20,509 | -64.0% |
| Deferred charges and accrued income | 490/1 | €10,629 | €6,052 | -€4,577 | -43.1% |
| Total equity and liabilities | 10/49 | €463,705 | €645,773 | +€182,068 | +39.3% |
| Equity | 10/15 | €198,270 | €198,084 | -€186 | -0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,270 | €196,084 | -€186 | -0.1% |
| Amounts payable | 17/49 | €265,435 | €447,689 | +€182,254 | +68.7% |
| Amounts payable after more than one year | 17 | €110,837 | €349,367 | +€238,530 | +215.2% |
| Financial debts | 170/4 | €110,837 | €349,367 | +€238,530 | +215.2% |
| Amounts payable within one year | 42/48 | €154,598 | €98,322 | -€56,276 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €25,560 | €28,103 | +€2,543 | +10.0% |
| Trade debts | 44 | €55,638 | €51,064 | -€4,575 | -8.2% |
| Suppliers | 440/4 | €55,638 | €51,064 | -€4,575 | -8.2% |
| Taxes, remuneration and social security | 45 | €48,400 | €18,156 | -€30,245 | -62.5% |
| Taxes | 450/3 | €48,400 | €17,156 | -€31,245 | -64.6% |
| Remuneration and social security | 454/9 | €0 | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €25,000 | €1,000 | -€24,000 | -96.0% |
| Non-recurring operating income | 76A | €5,250 | €0 | -€5,250 | -100.0% |
| Remuneration, social security and pensions | 62 | €4,358 | €0 | -€4,358 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,765 | €23,863 | +€11,098 | +86.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,000 | €0 | -€30,000 | -100.0% |
| Other operating charges | 640/8 | €18,568 | €10,033 | -€8,535 | -46.0% |
| Gross operating margin | 9900 | €138,320 | €51,100 | -€87,220 | -63.1% |
| Operating profit (loss) | 9901 | €72,628 | €17,204 | -€55,424 | -76.3% |
| Financial income | 75/76B | €5,907 | €512 | -€5,395 | -91.3% |
| Recurring financial income | 75 | €5,907 | €512 | -€5,395 | -91.3% |
| Financial charges | 65/66B | €6,070 | €16,644 | +€10,574 | +174.2% |
| Recurring financial charges | 65 | €6,070 | €16,644 | +€10,574 | +174.2% |
| Profit (loss) for the period before taxes | 9903 | €72,465 | €1,072 | -€71,393 | -98.5% |
| Income taxes | 67/77 | €13,095 | €1,258 | -€11,837 | -90.4% |
| Profit (loss) for the period | 9904 | €59,369 | -€186 | -€59,556 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,369 | -€186 | -€59,556 |
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 10 October 2026 via checked.be.