MND PLUS: what changed
Two fiscal 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.
MND PLUS
Largest movements
- Receivables within one year -€30,785
down €30,785 (-99.2%), from €31,044 to €260
of which Trade receivables: -€22,890
- Stocks and contracts +€8,051
up €8,051 (+3.6%), from €225,735 to €233,786
- Tangible fixed assets +€5,398
up €5,398 (+145.9%), from €3,699 to €9,098
of which Furniture and vehicles: +€6,536
- Cash -€3,077
down €3,077 (-9.5%), from €32,541 to €29,464
mainly Investment in fixed assets (net) (-€15,000) and Other debts (-€13,699)
- Other debts -€13,699
down €13,699 (-6.7%), from €205,380 to €191,681
- Debts after one year -€5,512
down €5,512 (-57.6%), from €9,568 to €4,056
- Gross operating margin +€10,164
up €10,164 (+125.3%), from €8,112 to €18,276
- Depreciation +€5,026
up €5,026 (+109.9%), from €4,575 to €9,602
- Other operating charges +€1,351
up €1,351 (+63.2%), from €2,138 to €3,489
- Financial charges -€455
down €455 (-23.8%), from €1,910 to €1,455
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 | €293,450 | €273,342 | -€20,107 | -6.9% |
| Fixed assets | 21/28 | €3,699 | €9,098 | +€5,398 | +145.9% |
| Tangible fixed assets | 22/27 | €3,699 | €9,098 | +€5,398 | +145.9% |
| Furniture and vehicles | 24 | €2,512 | €9,048 | +€6,536 | +260.2% |
| Other tangible fixed assets | 26 | €1,187 | €49 | -€1,138 | -95.9% |
| Current assets | 29/58 | €289,750 | €264,245 | -€25,505 | -8.8% |
| Stocks and contracts in progress | 3 | €225,735 | €233,786 | +€8,051 | +3.6% |
| Stocks | 30/36 | €225,735 | €233,786 | +€8,051 | +3.6% |
| Amounts receivable within one year | 40/41 | €31,044 | €260 | -€30,785 | -99.2% |
| Trade receivables | 40 | €22,995 | €105 | -€22,890 | -99.5% |
| Other amounts receivable | 41 | €8,049 | €155 | -€7,895 | -98.1% |
| Cash at bank and in hand | 54/58 | €32,541 | €29,464 | -€3,077 | -9.5% |
| Deferred charges and accrued income | 490/1 | €430 | €735 | +€306 | +71.1% |
| Total equity and liabilities | 10/49 | €293,450 | €273,342 | -€20,107 | -6.9% |
| Equity | 10/15 | €50,875 | €53,317 | +€2,442 | +4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,834 | €33,834 | = | 0.0% |
| Distributable reserves | 133 | €33,834 | €33,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,551 | €891 | +€2,442 | |
| Amounts payable | 17/49 | €242,575 | €220,026 | -€22,549 | -9.3% |
| Amounts payable after more than one year | 17 | €9,568 | €4,056 | -€5,512 | -57.6% |
| Financial debts | 170/4 | €9,568 | €4,056 | -€5,512 | -57.6% |
| Amounts payable within one year | 42/48 | €233,007 | €215,970 | -€17,037 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €7,450 | €6,335 | -€1,115 | -15.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €13,007 | €12,533 | -€474 | -3.6% |
| Suppliers | 440/4 | €13,007 | €12,533 | -€474 | -3.6% |
| Taxes, remuneration and social security | 45 | €7,169 | €5,420 | -€1,749 | -24.4% |
| Taxes | 450/3 | €7,169 | €5,420 | -€1,749 | -24.4% |
| Other amounts payable | 47/48 | €205,380 | €191,681 | -€13,699 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,575 | €9,602 | +€5,026 | +109.9% |
| Other operating charges | 640/8 | €2,138 | €3,489 | +€1,351 | +63.2% |
| Gross operating margin | 9900 | €8,112 | €18,276 | +€10,164 | +125.3% |
| Operating profit (loss) | 9901 | €1,399 | €5,186 | +€3,787 | +270.7% |
| Financial income | 75/76B | €104 | €27 | -€77 | -74.2% |
| Recurring financial income | 75 | €104 | €27 | -€77 | -74.2% |
| Financial charges | 65/66B | €1,910 | €1,455 | -€455 | -23.8% |
| Recurring financial charges | 65 | €1,910 | €1,455 | -€455 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€406 | €3,758 | +€4,164 | |
| Income taxes | 67/77 | €1,145 | €1,316 | +€171 | +15.0% |
| Profit (loss) for the period | 9904 | -€1,551 | €2,442 | +€3,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,551 | €2,442 | +€3,993 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.