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MOUSTIC: 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

MOUSTIC

BE 0770.533.653
NACE 73.110, Advertising agencies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€81,695
2023 · -€71,762+€153,457
Equity
-€16,162
2023 · -€97,857+€81,695
Cash
€66,571
2023 · €26,115+€40,456
Balance sheet total
€235,157
2023 · €245,904-€10,747

Largest movements

2023 to 2024
Assets
  • Cash +€40,456

    up €40,456 (+154.9%), from €26,115 to €66,571

    mainly Net result for the year (+€81,695) and Depreciation (+€30,134)

  • Receivables within one year -€22,951

    down €22,951 (-17.8%), from €128,801 to €105,850

    of which Trade receivables: -€23,719

  • Tangible fixed assets -€18,494

    down €18,494 (-55.4%), from €33,363 to €14,869

    of which Leasing and similar rights: -€10,849

  • Intangible fixed assets -€7,143

    down €7,143 (-19.1%), from €37,456 to €30,313

  • Deferred charges and accrued income -€2,615

    down €2,615 (-14.3%), from €18,316 to €15,701

Equity and liabilities
  • Profit (loss) carried forward +€81,695

    up €81,695 (+75.7%), from -€107,857 to -€26,162

  • Other debts -€74,200

    down €74,200 (-33.1%), from €223,982 to €149,782

  • Tax, wage and social debts -€16,804

    down €16,804 (-18.5%), from €90,642 to €73,838

    of which Taxes: -€11,772

  • Current portion of long-term debt -€5,674

    no longer reported in 2024 (was €5,674)

  • Trade debts +€4,296

    up €4,296 (+18.4%), from €23,403 to €27,699

Income statement
  • Gross operating margin +€166,358

    up €166,358 (+46.7%), from €355,907 to €522,264

  • Staff costs +€12,799

    up €12,799 (+3.4%), from €381,434 to €394,233

  • Other operating charges +€6,484

    up €6,484 (+145.1%), from €4,467 to €10,951

  • Depreciation -€6,022

    down €6,022 (-16.7%), from €36,155 to €30,134

From the 2023 result to the 2024 result

effect on the 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 -€71,762
Gross operating margin +€166,358
Staff costs -€12,799
Depreciation +€6,022
Other operating charges -€6,484
Other operating items +€2,508
Financial income +€275
Financial charges +€617
Taxes -€3,040
Result 2024 €81,695

Cash bridge derived

cash 2023 to 2024

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 +€50,627
Investment -€4,497
Financing -€5,674
Cash 2023 €26,115
Net result for the year +€81,695
Depreciation +€30,134
Receivables within one year +€22,951
Deferred charges and accrued income +€2,615
Trade debts +€4,296
Tax, wage and social debts -€16,804
Advances received -€60
Other debts -€74,200
Investment in fixed assets (net) -€4,497
Current portion of long-term debt -€5,674
Cash 2024 €66,571
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €245,904 €235,157 -€10,747 -4.4%
Fixed assets 21/28 €72,522 €46,885 -€25,637 -35.4%
Intangible fixed assets 21 €37,456 €30,313 -€7,143 -19.1%
Tangible fixed assets 22/27 €33,363 €14,869 -€18,494 -55.4%
Plant, machinery and equipment 23 €6,508 €2,952 -€3,556 -54.6%
Furniture and vehicles 24 €16,005 €11,916 -€4,089 -25.5%
Leasing and similar rights 25 €10,849 - -€10,849
Financial fixed assets 28 €1,703 €1,703 = 0.0%
Current assets 29/58 €173,382 €188,272 +€14,890 +8.6%
Amounts receivable within one year 40/41 €128,801 €105,850 -€22,951 -17.8%
Trade receivables 40 €126,455 €102,736 -€23,719 -18.8%
Other amounts receivable 41 €2,346 €3,114 +€768 +32.7%
Current investments 50/53 €150 €150 = 0.0%
Cash at bank and in hand 54/58 €26,115 €66,571 +€40,456 +154.9%
Deferred charges and accrued income 490/1 €18,316 €15,701 -€2,615 -14.3%
Total equity and liabilities 10/49 €245,904 €235,157 -€10,747 -4.4%
Equity 10/15 -€97,857 -€16,162 +€81,695 +83.5%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€107,857 -€26,162 +€81,695 +75.7%
Amounts payable 17/49 €343,760 €251,319 -€92,442 -26.9%
Amounts payable within one year 42/48 €343,760 €251,319 -€92,442 -26.9%
Current portion of amounts payable after more than one year 42 €5,674 - -€5,674
Trade debts 44 €23,403 €27,699 +€4,296 +18.4%
Suppliers 440/4 €23,403 €27,699 +€4,296 +18.4%
Advances received on contracts in progress 46 €60 - -€60
Taxes, remuneration and social security 45 €90,642 €73,838 -€16,804 -18.5%
Taxes 450/3 €44,674 €32,902 -€11,772 -26.4%
Remuneration and social security 454/9 €45,968 €40,936 -€5,032 -10.9%
Other amounts payable 47/48 €223,982 €149,782 -€74,200 -33.1%
Remuneration, social security and pensions 62 €381,434 €394,233 +€12,799 +3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €36,155 €30,134 -€6,022 -16.7%
Other operating charges 640/8 €4,467 €10,951 +€6,484 +145.1%
Non-recurring operating charges 66A €2,508 - -€2,508
Gross operating margin 9900 €355,907 €522,264 +€166,358 +46.7%
Operating profit (loss) 9901 -€68,659 €86,947 +€155,605
Financial income 75/76B €9 €284 +€275 +3032.6%
Recurring financial income 75 €9 €284 +€275 +3032.6%
Financial charges 65/66B €2,240 €1,623 -€617 -27.5%
Recurring financial charges 65 €2,240 €1,623 -€617 -27.5%
Profit (loss) for the period before taxes 9903 -€70,889 €85,608 +€156,497
Income taxes 67/77 €873 €3,913 +€3,040 +348.4%
Profit (loss) for the period 9904 -€71,762 €81,695 +€153,457
Profit (loss) for the period to be appropriated 9905 -€71,762 €81,695 +€153,457

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.