Morganaïs: 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.
Morganaïs
Largest movements
- Receivables within one year +€59,817
up €59,817 (+154.5%), from €38,717 to €98,533
of which Other amounts receivable: +€37,099
- Receivables after one year +€46,875
new in 2024: €46,875
- Cash -€21,481
down €21,481 (-19.6%), from €109,746 to €88,266
mainly Receivables within one year (-€59,817) and Receivables after one year (-€46,875)
- Deferred charges and accrued income -€2,733
down €2,733 (-77.7%), from €3,520 to €787
- Reserves +€77,202
up €77,202 (+70.3%), from €109,749 to €186,951
- Tax, wage and social debts +€3,787
up €3,787 (+9.0%), from €42,142 to €45,929
- Gross operating margin +€40,456
up €40,456 (+55.7%), from €72,676 to €113,132
- Taxes +€13,654
up €13,654 (+69.3%), from €19,710 to €33,365
- Financial income +€3,113
new in 2024: €3,113
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 | €154,078 | €235,699 | +€81,620 | +53.0% |
| Fixed assets | 21/28 | €2,096 | €1,238 | -€858 | -40.9% |
| Tangible fixed assets | 22/27 | €2,096 | €1,238 | -€858 | -40.9% |
| Furniture and vehicles | 24 | €2,096 | €1,238 | -€858 | -40.9% |
| Current assets | 29/58 | €151,983 | €234,461 | +€82,478 | +54.3% |
| Amounts receivable after more than one year | 29 | - | €46,875 | +€46,875 | |
| Other amounts receivable | 291 | - | €46,875 | +€46,875 | |
| Amounts receivable within one year | 40/41 | €38,717 | €98,533 | +€59,817 | +154.5% |
| Trade receivables | 40 | €18,997 | €41,715 | +€22,718 | +119.6% |
| Other amounts receivable | 41 | €19,720 | €56,819 | +€37,099 | +188.1% |
| Cash at bank and in hand | 54/58 | €109,746 | €88,266 | -€21,481 | -19.6% |
| Deferred charges and accrued income | 490/1 | €3,520 | €787 | -€2,733 | -77.7% |
| Total equity and liabilities | 10/49 | €154,078 | €235,699 | +€81,620 | +53.0% |
| Equity | 10/15 | €110,249 | €187,451 | +€77,202 | +70.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €109,749 | €186,951 | +€77,202 | +70.3% |
| Distributable reserves | 133 | €109,749 | €186,951 | +€77,202 | +70.3% |
| Amounts payable | 17/49 | €43,829 | €48,248 | +€4,419 | +10.1% |
| Amounts payable within one year | 42/48 | €43,829 | €48,248 | +€4,419 | +10.1% |
| Trade debts | 44 | €1,687 | €2,319 | +€632 | +37.4% |
| Suppliers | 440/4 | €1,687 | €2,319 | +€632 | +37.4% |
| Taxes, remuneration and social security | 45 | €42,142 | €45,929 | +€3,787 | +9.0% |
| Taxes | 450/3 | €42,142 | €45,929 | +€3,787 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €858 | €858 | = | 0.0% |
| Other operating charges | 640/8 | €599 | €1,340 | +€740 | +123.5% |
| Gross operating margin | 9900 | €72,676 | €113,132 | +€40,456 | +55.7% |
| Operating profit (loss) | 9901 | €71,219 | €110,934 | +€39,715 | +55.8% |
| Financial income | 75/76B | - | €3,113 | +€3,113 | |
| Recurring financial income | 75 | - | €3,113 | +€3,113 | |
| Financial charges | 65/66B | €3,163 | €3,481 | +€318 | +10.1% |
| Recurring financial charges | 65 | €3,163 | €3,481 | +€318 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €68,056 | €110,566 | +€42,510 | +62.5% |
| Income taxes | 67/77 | €19,710 | €33,365 | +€13,654 | +69.3% |
| Profit (loss) for the period | 9904 | €48,346 | €77,202 | +€28,856 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,346 | €77,202 | +€28,856 | +59.7% |
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 4 October 2026 via checked.be.