MOURY CONSTRUCT: 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.
What changed
MOURY CONSTRUCT
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15.5m
2023 · €11.9m+€3.7m
Equity
€57.3m
2023 · €48.8m+€8.6m
Cash
€2.3m
2023 · €2.9m-€542,172
Balance sheet total
€64.8m
2023 · €54.1m+€10.7m
Largest movements
Assets
- Current investments +€11.2m
up €11.2m (+71.7%), from €15.7m to €26.9m
of which Other investments: +€11.1m
Equity and liabilities
- Profit (loss) carried forward +€8.5m
up €8.5m (+42.6%), from €19.9m to €28.4m
- Other debts +€2.1m
up €2.1m (+40.8%), from €5.2m to €7.4m
Income statement
- Financial income +€3.7m
up €3.7m (+30.6%), from €12.2m to €16.0m
- Financial charges +€347,967
up €347,967, from -€84,461 to €263,507
- Taxes -€254,825
down €254,825 (-64.3%), from €396,177 to €141,352
of which Taxes: -€248,116
- Turnover +€54,841
up €54,841 (+11.2%), from €488,578 to €543,419
- Services and other goods +€40,805
up €40,805 (+8.3%), from €493,899 to €534,704
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.
Result 2023
€11.9m
Turnover
+€54,841
Goods and materials
-€1,198
Services and other goods
-€40,805
Staff costs
-€2,002
Other operating charges
+€113
Financial income
+€3.7m
Financial charges
-€347,967
Taxes
+€254,825
Result 2024
€15.5m
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.
From operations
+€17.7m
Investment
-€11.3m
Financing
-€6.9m
Cash 2023
€2.9m
From operations (derived)
+€17.7m
Net result for the year
+€15.5m
Depreciation
+€1,674
Smaller working-capital items
+€9,634
Other debts
+€2.1m
Investment (derived)
-€11.3m
Investment in fixed assets (net)
-€29,382
Current investments
-€11.2m
Financing
-€6.9m
Contributions, distributions and other
-€6.9m
Cash 2024
€2.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,098,684 | €64,799,712 | +€10.7m | +19.8% |
| Fixed assets | 21/28 | €35,183,950 | €35,211,658 | +€27,708 | +0.1% |
| Tangible fixed assets | 22/27 | €25,172 | €23,498 | -€1,674 | -6.7% |
| Land and buildings | 22 | €25,172 | €23,498 | -€1,674 | -6.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €35,158,778 | €35,188,160 | +€29,382 | +0.1% |
| Affiliated companies | 280/1 | €35,067,842 | €35,067,842 | = | 0.0% |
| Participating interests | 280 | €35,067,842 | €35,067,842 | = | 0.0% |
| Other financial fixed assets | 284/8 | €90,936 | €120,318 | +€29,382 | +32.3% |
| Shares | 284 | €90,936 | €120,318 | +€29,382 | +32.3% |
| Current assets | 29/58 | €18,914,734 | €29,588,055 | +€10.7m | +56.4% |
| Amounts receivable within one year | 40/41 | €311,483 | €315,896 | +€4,413 | +1.4% |
| Trade receivables | 40 | €233,349 | €241,188 | +€7,839 | +3.4% |
| Other amounts receivable | 41 | €78,134 | €74,708 | -€3,426 | -4.4% |
| Current investments | 50/53 | €15,695,430 | €26,943,004 | +€11.2m | +71.7% |
| Own shares | 50 | €1,065,699 | €1,169,699 | +€104,000 | +9.8% |
| Other investments | 51/53 | €14,629,732 | €25,773,305 | +€11.1m | +76.2% |
| Cash at bank and in hand | 54/58 | €2,870,019 | €2,327,847 | -€542,172 | -18.9% |
| Deferred charges and accrued income | 490/1 | €37,801 | €1,307 | -€36,494 | -96.5% |
| Total equity and liabilities | 10/49 | €54,098,684 | €64,799,712 | +€10.7m | +19.8% |
| Equity | 10/15 | €48,758,988 | €57,345,353 | +€8.6m | +17.6% |
| Contributions | 10/11 | €25,244,700 | €25,244,700 | = | 0.0% |
| Capital | 10 | €25,244,700 | €25,244,700 | = | 0.0% |
| Issued capital | 100 | €25,244,700 | €25,244,700 | = | 0.0% |
| Reserves | 13 | €3,604,340 | €3,707,527 | +€103,187 | +2.9% |
| Non-distributable reserves | 130/1 | €3,590,169 | €3,694,169 | +€104,000 | +2.9% |
| Legal reserve | 130 | €2,524,470 | €2,524,470 | = | 0.0% |
| Own shares acquired | 1312 | €1,065,699 | €1,169,699 | +€104,000 | +9.8% |
| Tax-exempt reserves | 132 | €9,213 | €8,400 | -€813 | -8.8% |
| Distributable reserves | 133 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,909,948 | €28,393,126 | +€8.5m | +42.6% |
| Provisions and deferred taxes | 16 | €4,744 | €4,326 | -€419 | -8.8% |
| Deferred taxes | 168 | €4,744 | €4,326 | -€419 | -8.8% |
| Amounts payable | 17/49 | €5,334,952 | €7,450,033 | +€2.1m | +39.6% |
| Amounts payable after more than one year | 17 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 178/9 | €2,200 | €2,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,321,561 | €7,447,591 | +€2.1m | +40.0% |
| Trade debts | 44 | €70,416 | €48,384 | -€22,031 | -31.3% |
| Suppliers | 440/4 | €70,416 | €48,384 | -€22,031 | -31.3% |
| Taxes, remuneration and social security | 45 | €14,767 | €25,718 | +€10,951 | +74.2% |
| Taxes | 450/3 | €2,350 | €10,711 | +€8,360 | +355.7% |
| Remuneration and social security | 454/9 | €12,416 | €15,008 | +€2,591 | +20.9% |
| Other amounts payable | 47/48 | €5,236,379 | €7,373,488 | +€2.1m | +40.8% |
| Accrued charges and deferred income | 492/3 | €11,190 | €242 | -€10,948 | -97.8% |
| Operating income | 70/76A | €488,578 | €543,419 | +€54,841 | +11.2% |
| Turnover | 70 | €488,578 | €543,419 | +€54,841 | +11.2% |
| Operating charges | 60/66A | €561,235 | €605,127 | +€43,892 | +7.8% |
| Goods for resale, raw materials and consumables | 60 | - | €1,198 | +€1,198 | |
| Purchases | 600/8 | - | €1,198 | +€1,198 | |
| Services and other goods | 61 | €493,899 | €534,704 | +€40,805 | +8.3% |
| Remuneration, social security and pensions | 62 | €64,293 | €66,295 | +€2,002 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €1,674 | = | 0.0% |
| Other operating charges | 640/8 | €1,369 | €1,256 | -€113 | -8.3% |
| Operating profit (loss) | 9901 | -€72,657 | -€61,709 | +€10,949 | +15.1% |
| Financial income | 75/76B | €12,235,237 | €15,977,789 | +€3.7m | +30.6% |
| Recurring financial income | 75 | €12,235,237 | €15,977,789 | +€3.7m | +30.6% |
| Income from financial fixed assets | 750 | €10,377,295 | €15,249,417 | +€4.9m | +46.9% |
| Income from current assets | 751 | €392,940 | €481,671 | +€88,730 | +22.6% |
| Other financial income | 752/9 | €1,465,002 | €246,701 | -€1.2m | -83.2% |
| Financial charges | 65/66B | -€84,461 | €263,507 | +€347,967 | |
| Recurring financial charges | 65 | -€84,461 | €263,507 | +€347,967 | |
| Debt charges | 650 | €20,803 | €6,894 | -€13,909 | -66.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€661,543 | €129,977 | +€791,520 | |
| Other financial charges | 652/9 | €556,279 | €126,636 | -€429,644 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €12,247,041 | €15,652,574 | +€3.4m | +27.8% |
| Transfer from deferred taxes | 780 | €419 | €419 | = | 0.0% |
| Income taxes | 67/77 | €396,177 | €141,352 | -€254,825 | -64.3% |
| Taxes | 670/3 | €396,177 | €148,061 | -€248,116 | -62.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €6,708 | +€6,708 | |
| Profit (loss) for the period | 9904 | €11,851,282 | €15,511,640 | +€3.7m | +30.9% |
| Transfer from tax-exempt reserves | 789 | €813 | €813 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,852,095 | €15,512,453 | +€3.7m | +30.9% |
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 28 September 2026 via checked.be.