MORI CONSTRUCT: 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.
MORI CONSTRUCT
Largest movements
- Receivables within one year +€455,926
up €455,926 (+67.6%), from €674,554 to €1.1m
of which Trade receivables: +€504,990
- Deferred charges and accrued income +€57,974
new in 2024: €57,974
- Cash +€34,247
up €34,247 (+271.8%), from €12,600 to €46,847
mainly Trade debts (+€663,157) and Depreciation (+€7,617)
- Trade debts +€663,157
up €663,157 (+279.5%), from €237,294 to €900,450
- Profit (loss) carried forward -€78,403
down €78,403 (-19.8%), from €395,005 to €316,602
- Tax, wage and social debts -€44,220
down €44,220 (-75.1%), from €58,868 to €14,648
of which Taxes: -€41,015
- Gross operating margin -€30,240
down €30,240 (-43.0%), from €70,322 to €40,081
- Taxes +€26,229
new in 2024: €26,229
- Financial income +€7,723
new in 2024: €7,723
- Depreciation +€7,367
up €7,367 (+2944.2%), from €250 to €7,617
- Financial charges +€6,901
up €6,901 (+1855.1%), from €372 to €7,273
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 | €699,227 | €1,251,347 | +€552,120 | +79.0% |
| Fixed assets | 21/28 | €12,073 | €16,046 | +€3,973 | +32.9% |
| Tangible fixed assets | 22/27 | €6,623 | €10,596 | +€3,973 | +60.0% |
| Plant, machinery and equipment | 23 | €1,220 | €0 | -€1,220 | -100.0% |
| Furniture and vehicles | 24 | €5,403 | €2,025 | -€3,378 | -62.5% |
| Leasing and similar rights | 25 | - | €8,571 | +€8,571 | |
| Financial fixed assets | 28 | €5,450 | €5,450 | = | 0.0% |
| Current assets | 29/58 | €687,154 | €1,235,301 | +€548,147 | +79.8% |
| Amounts receivable within one year | 40/41 | €674,554 | €1,130,480 | +€455,926 | +67.6% |
| Trade receivables | 40 | €479,457 | €984,447 | +€504,990 | +105.3% |
| Other amounts receivable | 41 | €195,097 | €146,033 | -€49,065 | -25.1% |
| Cash at bank and in hand | 54/58 | €12,600 | €46,847 | +€34,247 | +271.8% |
| Deferred charges and accrued income | 490/1 | - | €57,974 | +€57,974 | |
| Total equity and liabilities | 10/49 | €699,227 | €1,251,347 | +€552,120 | +79.0% |
| Equity | 10/15 | €403,065 | €324,662 | -€78,403 | -19.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €0 | -€6,200 | -100.0% |
| Issued capital | 100 | €18,600 | €0 | -€18,600 | -100.0% |
| Uncalled capital | 101 | €12,400 | €0 | -€12,400 | -100.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Legal reserve | 130 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €395,005 | €316,602 | -€78,403 | -19.8% |
| Amounts payable | 17/49 | €296,161 | €926,685 | +€630,524 | +212.9% |
| Amounts payable after more than one year | 17 | - | €6,409 | +€6,409 | |
| Financial debts | 170/4 | - | €6,409 | +€6,409 | |
| Amounts payable within one year | 42/48 | €296,161 | €920,276 | +€624,115 | +210.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,178 | +€5,178 | |
| Trade debts | 44 | €237,294 | €900,450 | +€663,157 | +279.5% |
| Suppliers | 440/4 | €237,294 | €900,450 | +€663,157 | +279.5% |
| Taxes, remuneration and social security | 45 | €58,868 | €14,648 | -€44,220 | -75.1% |
| Taxes | 450/3 | €43,101 | €2,085 | -€41,015 | -95.2% |
| Remuneration and social security | 454/9 | €15,767 | €12,563 | -€3,204 | -20.3% |
| Non-recurring operating income | 76A | - | €229 | +€229 | |
| Remuneration, social security and pensions | 62 | €42,230 | €40,226 | -€2,004 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €7,617 | +€7,367 | +2944.2% |
| Other operating charges | 640/8 | €2,355 | €8,378 | +€6,023 | +255.8% |
| Non-recurring operating charges | 66A | - | €34,021 | +€34,021 | |
| Gross operating margin | 9900 | €70,322 | €40,081 | -€30,240 | -43.0% |
| Operating profit (loss) | 9901 | €25,486 | -€50,161 | -€75,647 | |
| Financial income | 75/76B | - | €7,723 | +€7,723 | |
| Recurring financial income | 75 | - | €7,723 | +€7,723 | |
| Financial charges | 65/66B | €372 | €7,273 | +€6,901 | +1855.1% |
| Recurring financial charges | 65 | €372 | €7,273 | +€6,901 | +1855.1% |
| Profit (loss) for the period before taxes | 9903 | €25,114 | -€49,711 | -€74,825 | |
| Income taxes | 67/77 | - | €26,229 | +€26,229 | |
| Profit (loss) for the period | 9904 | €25,114 | -€75,940 | -€101,054 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,114 | -€75,940 | -€101,054 |
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.