Moumtaz Chatar: 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.
Moumtaz Chatar
Largest movements
- Receivables within one year +€60,362
up €60,362 (+86.1%), from €70,126 to €130,487
of which Trade receivables: +€30,782
- Cash -€20,945
down €20,945 (-68.7%), from €30,490 to €9,545
- Profit (loss) carried forward +€42,754
up €42,754 (+268%), from €15,981 to €58,734
- Trade debts -€17,648
down €17,648 (-25.0%), from €70,615 to €52,967
- Tax, wage and social debts +€15,391
up €15,391 (+172%), from €8,926 to €24,317
- Gross operating margin +€3,740
up €3,740 (+6.2%), from €59,921 to €63,661
- Depreciation -€3,500
no longer reported in 2024 (was €3,500)
- Taxes +€3,500
up €3,500 (+116%), from €3,025 to €6,525
- Financial income +€2,850
new in 2024: €2,850
- Other operating charges -€2,270
down €2,270 (-83.4%), from €2,722 to €452
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,721 | €142,218 | +€40,497 | +39.8% |
| Current assets | 29/58 | €101,721 | €142,218 | +€40,497 | +39.8% |
| Stocks and contracts in progress | 3 | €1,106 | €2,186 | +€1,080 | +97.6% |
| Stocks | 30/36 | €1,106 | €2,186 | +€1,080 | +97.6% |
| Amounts receivable within one year | 40/41 | €70,126 | €130,487 | +€60,362 | +86.1% |
| Trade receivables | 40 | €70,126 | €100,908 | +€30,782 | +43.9% |
| Other amounts receivable | 41 | - | €29,580 | +€29,580 | |
| Cash at bank and in hand | 54/58 | €30,490 | €9,545 | -€20,945 | -68.7% |
| Total equity and liabilities | 10/49 | €101,721 | €142,218 | +€40,497 | +39.8% |
| Equity | 10/15 | €22,181 | €64,934 | +€42,754 | +193% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,981 | €58,734 | +€42,754 | +268% |
| Amounts payable | 17/49 | €79,541 | €77,284 | -€2,257 | -2.8% |
| Amounts payable within one year | 42/48 | €79,541 | €77,284 | -€2,257 | -2.8% |
| Trade debts | 44 | €70,615 | €52,967 | -€17,648 | -25.0% |
| Suppliers | 440/4 | €70,615 | €52,967 | -€17,648 | -25.0% |
| Taxes, remuneration and social security | 45 | €8,926 | €24,317 | +€15,391 | +172% |
| Taxes | 450/3 | €8,926 | €24,317 | +€15,391 | +172% |
| Remuneration, social security and pensions | 62 | €40,090 | €38,668 | -€1,422 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | - | -€3,500 | |
| Other operating charges | 640/8 | €2,722 | €452 | -€2,270 | -83.4% |
| Gross operating margin | 9900 | €59,921 | €63,661 | +€3,740 | +6.2% |
| Operating profit (loss) | 9901 | €13,609 | €24,541 | +€10,932 | +80.3% |
| Financial income | 75/76B | - | €2,850 | +€2,850 | |
| Recurring financial income | 75 | - | €2,850 | +€2,850 | |
| Financial charges | 65/66B | €1,523 | €1,627 | +€104 | +6.8% |
| Recurring financial charges | 65 | €1,523 | €1,627 | +€104 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €12,086 | €25,764 | +€13,678 | +113% |
| Income taxes | 67/77 | €3,025 | €6,525 | +€3,500 | +116% |
| Profit (loss) for the period | 9904 | €9,061 | €19,239 | +€10,179 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €9,061 | €19,239 | +€10,179 | +112% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.