MP STABLES: 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.
MP STABLES
Largest movements
- Receivables within one year +€41,391
up €41,391 (+162.1%), from €25,527 to €66,918
of which Trade receivables: +€38,576
- Deferred charges and accrued income -€4,789
down €4,789 (-94.9%), from €5,046 to €257
- Tangible fixed assets -€2,582
down €2,582 (-34.6%), from €7,463 to €4,881
- Cash +€874
up €874 (+126.9%), from €688 to €1,562
mainly Trade debts (+€31,267) and Net result for the year (+€22,140)
- Trade debts +€31,267
up €31,267 (+134.2%), from €23,303 to €54,570
- Profit (loss) carried forward +€22,140
up €22,140 (+21.6%), from -€102,483 to -€80,343
- Debts after one year -€12,434
down €12,434 (-50.1%), from €24,832 to €12,399
- Tax, wage and social debts -€8,700
down €8,700 (-38.3%), from €22,714 to €14,013
of which Taxes: -€5,834
- Accrued charges and deferred income +€2,397
up €2,397, from €0 to €2,397
- Gross operating margin +€78,408
up €78,408, from -€2,315 to €76,092
- Staff costs +€12,661
up €12,661 (+35.7%), from €35,502 to €48,163
- Financial charges +€1,812
up €1,812 (+224.5%), from €807 to €2,619
- Other operating charges -€767
down €767 (-52.6%), from €1,458 to €691
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 | €43,649 | €79,020 | +€35,372 | +81.0% |
| Fixed assets | 21/28 | €7,463 | €5,359 | -€2,104 | -28.2% |
| Tangible fixed assets | 22/27 | €7,463 | €4,881 | -€2,582 | -34.6% |
| Plant, machinery and equipment | 23 | €7,463 | €4,881 | -€2,582 | -34.6% |
| Financial fixed assets | 28 | - | €478 | +€478 | |
| Current assets | 29/58 | €36,186 | €73,662 | +€37,476 | +103.6% |
| Stocks and contracts in progress | 3 | €4,925 | €4,925 | = | 0.0% |
| Stocks | 30/36 | €4,925 | €4,925 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,527 | €66,918 | +€41,391 | +162.1% |
| Trade receivables | 40 | €24,442 | €63,017 | +€38,576 | +157.8% |
| Other amounts receivable | 41 | €1,085 | €3,900 | +€2,815 | +259.5% |
| Cash at bank and in hand | 54/58 | €688 | €1,562 | +€874 | +126.9% |
| Deferred charges and accrued income | 490/1 | €5,046 | €257 | -€4,789 | -94.9% |
| Total equity and liabilities | 10/49 | €43,649 | €79,020 | +€35,372 | +81.0% |
| Equity | 10/15 | -€82,890 | -€60,749 | +€22,140 | +26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €994 | €994 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €944 | €944 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,483 | -€80,343 | +€22,140 | +21.6% |
| Amounts payable | 17/49 | €126,539 | €139,770 | +€13,231 | +10.5% |
| Amounts payable after more than one year | 17 | €24,832 | €12,399 | -€12,434 | -50.1% |
| Financial debts | 170/4 | €24,832 | €12,399 | -€12,434 | -50.1% |
| Amounts payable within one year | 42/48 | €101,706 | €124,974 | +€23,268 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €23,303 | €54,570 | +€31,267 | +134.2% |
| Suppliers | 440/4 | €23,303 | €54,570 | +€31,267 | +134.2% |
| Taxes, remuneration and social security | 45 | €22,714 | €14,013 | -€8,700 | -38.3% |
| Taxes | 450/3 | €15,865 | €10,031 | -€5,834 | -36.8% |
| Remuneration and social security | 454/9 | €6,849 | €3,983 | -€2,866 | -41.9% |
| Other amounts payable | 47/48 | €51,689 | €52,391 | +€702 | +1.4% |
| Accrued charges and deferred income | 492/3 | €0 | €2,397 | +€2,397 | |
| Remuneration, social security and pensions | 62 | €35,502 | €48,163 | +€12,661 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,035 | €2,582 | +€547 | +26.9% |
| Other operating charges | 640/8 | €1,458 | €691 | -€767 | -52.6% |
| Gross operating margin | 9900 | -€2,315 | €76,092 | +€78,408 | |
| Operating profit (loss) | 9901 | -€41,310 | €24,656 | +€65,966 | |
| Financial income | 75/76B | €2 | €103 | +€101 | +5053.5% |
| Recurring financial income | 75 | €2 | €103 | +€101 | +5053.5% |
| Financial charges | 65/66B | €807 | €2,619 | +€1,812 | +224.5% |
| Recurring financial charges | 65 | €807 | €2,619 | +€1,812 | +224.5% |
| Profit (loss) for the period before taxes | 9903 | -€42,115 | €22,140 | +€64,255 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€42,115 | €22,140 | +€64,255 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,115 | €22,140 | +€64,255 |
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.