MISATU: 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.
MISATU
Largest movements
- Receivables within one year +€140,499
up €140,499 (+30.9%), from €455,064 to €595,563
of which Trade receivables: +€139,771
- Tax, wage and social debts +€65,704
up €65,704 (+34.6%), from €189,902 to €255,606
of which Remuneration and social security: +€48,600
- Trade debts +€41,316
up €41,316 (+33.4%), from €123,793 to €165,109
- Other debts +€17,096
up €17,096 (+55.6%), from €30,771 to €47,867
- Profit (loss) carried forward +€16,382
up €16,382 (+12.1%), from €135,584 to €151,966
- Gross operating margin +€8,193
up €8,193 (+57.4%), from €14,284 to €22,477
- Taxes +€5,428
new in 2023: €5,428
- Other operating charges +€497
up €497 (+292.4%), from €170 to €667
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.
Cash bridge derived
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 | €540,840 | €681,338 | +€140,498 | +26.0% |
| Fixed assets | 21/28 | €60,124 | €60,124 | = | 0.0% |
| Tangible fixed assets | 22/27 | €59,721 | €59,721 | = | 0.0% |
| Furniture and vehicles | 24 | €59,721 | €59,721 | = | 0.0% |
| Financial fixed assets | 28 | €403 | €403 | = | 0.0% |
| Current assets | 29/58 | €480,716 | €621,214 | +€140,498 | +29.2% |
| Amounts receivable within one year | 40/41 | €455,064 | €595,563 | +€140,499 | +30.9% |
| Trade receivables | 40 | €362,153 | €501,924 | +€139,771 | +38.6% |
| Other amounts receivable | 41 | €92,911 | €93,639 | +€728 | +0.8% |
| Cash at bank and in hand | 54/58 | €25,652 | €25,651 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €540,840 | €681,338 | +€140,498 | +26.0% |
| Equity | 10/15 | €143,644 | €160,026 | +€16,382 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,584 | €151,966 | +€16,382 | +12.1% |
| Amounts payable | 17/49 | €397,196 | €521,312 | +€124,116 | +31.2% |
| Amounts payable after more than one year | 17 | €50,668 | €50,668 | = | 0.0% |
| Financial debts | 170/4 | €50,668 | €50,668 | = | 0.0% |
| Amounts payable within one year | 42/48 | €346,528 | €470,644 | +€124,116 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €2,062 | €2,062 | = | 0.0% |
| Trade debts | 44 | €123,793 | €165,109 | +€41,316 | +33.4% |
| Suppliers | 440/4 | €123,793 | €165,109 | +€41,316 | +33.4% |
| Taxes, remuneration and social security | 45 | €189,902 | €255,606 | +€65,704 | +34.6% |
| Taxes | 450/3 | €87,582 | €104,686 | +€17,104 | +19.5% |
| Remuneration and social security | 454/9 | €102,320 | €150,920 | +€48,600 | +47.5% |
| Other amounts payable | 47/48 | €30,771 | €47,867 | +€17,096 | +55.6% |
| Other operating charges | 640/8 | €170 | €667 | +€497 | +292.4% |
| Non-recurring operating charges | 66A | €4,227 | - | -€4,227 | |
| Gross operating margin | 9900 | €14,284 | €22,477 | +€8,193 | +57.4% |
| Operating profit (loss) | 9901 | €9,887 | €21,810 | +€11,923 | +120.6% |
| Profit (loss) for the period before taxes | 9903 | €9,887 | €21,810 | +€11,923 | +120.6% |
| Income taxes | 67/77 | - | €5,428 | +€5,428 | |
| Profit (loss) for the period | 9904 | €9,887 | €16,382 | +€6,495 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,887 | €16,382 | +€6,495 | +65.7% |
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 9 October 2026 via checked.be.