MP CHAUFFAGE & SANITAIRE: what changed
What changed
MP CHAUFFAGE & SANITAIRE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€15,154
2023 · €24,567-€9,413
Equity
€204,911
2023 · €189,757+€15,154
Cash
€204,130
2023 · €157,896+€46,234
Balance sheet total
€262,392
2023 · €224,013+€38,379
Largest movements
Assets
- Cash +€46,234
up €46,234 (+29.3%), from €157,896 to €204,130
mainly Net result for the year (+€15,154) and Accrued charges and deferred income (+€12,955)
- Receivables after one year -€7,300
no longer reported in 2024 (was €7,300)
Equity and liabilities
- Accrued charges and deferred income +€12,955
new in 2024: €12,955
- Reserves +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
of which Distributable reserves: +€10,000
- Advances received +€7,315
up €7,315 (+2,603%), from €281 to €7,596
- Profit (loss) carried forward +€5,154
up €5,154 (+4.7%), from €109,757 to €114,911
Income statement
- Gross operating margin -€9,851
down €9,851 (-16.6%), from €59,254 to €49,403
- Financial charges +€4,756
up €4,756 (+1,198%), from €397 to €5,153
- Taxes -€3,097
down €3,097 (-33.1%), from €9,370 to €6,273
- Other operating charges +€1,727
up €1,727 (+117%), from €1,476 to €3,203
- Staff costs -€1,457
down €1,457 (-6.6%), from €22,124 to €20,667
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€24,567
Gross operating margin
-€9,851
Staff costs
+€1,457
Depreciation
+€729
Other operating charges
-€1,727
Other operating items
+€1,314
Financial income
+€324
Financial charges
-€4,756
Taxes
+€3,097
Result 2024
€15,154
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,234
Investment
€0
Financing
€0
Cash 2023
€157,896
From operations (derived)
+€46,234
Net result for the year
+€15,154
Receivables after one year
+€7,300
Receivables within one year
+€30
Deferred charges and accrued income
+€525
Provisions
+€305
Trade debts
+€2,519
Tax, wage and social debts
-€1,350
Advances received
+€7,315
Other debts
+€1,481
Accrued charges and deferred income
+€12,955
Cash 2024
€204,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,013 | €262,392 | +€38,379 | +17.1% |
| Current assets | 29/58 | €224,013 | €262,392 | +€38,379 | +17.1% |
| Amounts receivable after more than one year | 29 | €7,300 | - | -€7,300 | |
| Other amounts receivable | 291 | €7,300 | - | -€7,300 | |
| Amounts receivable within one year | 40/41 | €57,208 | €57,178 | -€30 | -0.1% |
| Trade receivables | 40 | €42,455 | €40,476 | -€1,979 | -4.7% |
| Other amounts receivable | 41 | €14,753 | €16,702 | +€1,949 | +13.2% |
| Cash at bank and in hand | 54/58 | €157,896 | €204,130 | +€46,234 | +29.3% |
| Deferred charges and accrued income | 490/1 | €1,609 | €1,084 | -€525 | -32.6% |
| Total equity and liabilities | 10/49 | €224,013 | €262,392 | +€38,379 | +17.1% |
| Equity | 10/15 | €189,757 | €204,911 | +€15,154 | +8.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Profit (loss) carried forward | 14 | €109,757 | €114,911 | +€5,154 | +4.7% |
| Provisions and deferred taxes | 16 | €22,249 | €22,554 | +€305 | +1.4% |
| Provisions for liabilities and charges | 160/5 | €22,249 | €22,554 | +€305 | +1.4% |
| Other liabilities and charges | 164/5 | €22,249 | €22,554 | +€305 | +1.4% |
| Amounts payable | 17/49 | €12,007 | €34,927 | +€22,920 | +191% |
| Amounts payable within one year | 42/48 | €12,007 | €21,972 | +€9,965 | +83.0% |
| Trade debts | 44 | €2,944 | €5,463 | +€2,519 | +85.6% |
| Suppliers | 440/4 | €2,944 | €5,463 | +€2,519 | +85.6% |
| Advances received on contracts in progress | 46 | €281 | €7,596 | +€7,315 | +2,603% |
| Taxes, remuneration and social security | 45 | €7,560 | €6,210 | -€1,350 | -17.9% |
| Taxes | 450/3 | €4,700 | €2,250 | -€2,450 | -52.1% |
| Remuneration and social security | 454/9 | €2,860 | €3,960 | +€1,100 | +38.5% |
| Other amounts payable | 47/48 | €1,222 | €2,703 | +€1,481 | +121% |
| Accrued charges and deferred income | 492/3 | - | €12,955 | +€12,955 | |
| Remuneration, social security and pensions | 62 | €22,124 | €20,667 | -€1,457 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | - | -€729 | |
| Other operating charges | 640/8 | €1,476 | €3,203 | +€1,727 | +117% |
| Non-recurring operating charges | 66A | €1,619 | €305 | -€1,314 | -81.2% |
| Gross operating margin | 9900 | €59,254 | €49,403 | -€9,851 | -16.6% |
| Operating profit (loss) | 9901 | €33,306 | €25,228 | -€8,078 | -24.3% |
| Financial income | 75/76B | €1,028 | €1,352 | +€324 | +31.5% |
| Recurring financial income | 75 | €1,028 | €1,352 | +€324 | +31.5% |
| Financial charges | 65/66B | €397 | €5,153 | +€4,756 | +1,198% |
| Recurring financial charges | 65 | €397 | €5,153 | +€4,756 | +1,198% |
| Profit (loss) for the period before taxes | 9903 | €33,937 | €21,427 | -€12,510 | -36.9% |
| Income taxes | 67/77 | €9,370 | €6,273 | -€3,097 | -33.1% |
| Profit (loss) for the period | 9904 | €24,567 | €15,154 | -€9,413 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,567 | €15,154 | -€9,413 | -38.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.