MPE SECURITY: 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.
MPE SECURITY
Largest movements
- Receivables within one year -€2,113
down €2,113 (-6.0%), from €35,039 to €32,926
of which Other amounts receivable: -€2,867
- Cash -€1,373
down €1,373 (-14.9%), from €9,233 to €7,860
mainly Net result for the year (-€9,975) and Current portion of long-term debt (-€7,000)
- Tangible fixed assets -€605
down €605 (-50.0%), from €1,210 to €605
of which Other tangible fixed assets: -€400
- Intangible fixed assets -€500
down €500 (-25.0%), from €2,000 to €1,500
- Profit (loss) carried forward -€9,975
down €9,975 (-92.0%), from €10,844 to €869
- Current portion of long-term debt -€7,000
no longer reported in 2024 (was €7,000)
- Other debts +€5,268
up €5,268 (+50.6%), from €10,418 to €15,686
- Tax, wage and social debts +€4,709
up €4,709 (+70.7%), from €6,660 to €11,369
of which Remuneration and social security: +€4,782
- Trade debts +€2,098
up €2,098 (+3,497%), from €60 to €2,158
- Staff costs +€34,184
up €34,184 (+1,318%), from €2,594 to €36,778
- Gross operating margin -€11,181
down €11,181 (-27.0%), from €41,341 to €30,160
- Taxes -€6,782
no longer reported in 2024 (was €6,782)
- Depreciation -€740
down €740 (-40.1%), from €1,845 to €1,105
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.
Derived cash bridge
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 | €47,482 | €43,034 | -€4,448 | -9.4% |
| Fixed assets | 21/28 | €3,210 | €2,105 | -€1,105 | -34.4% |
| Intangible fixed assets | 21 | €2,000 | €1,500 | -€500 | -25.0% |
| Tangible fixed assets | 22/27 | €1,210 | €605 | -€605 | -50.0% |
| Furniture and vehicles | 24 | €410 | €205 | -€205 | -50.0% |
| Other tangible fixed assets | 26 | €800 | €400 | -€400 | -50.0% |
| Current assets | 29/58 | €44,272 | €40,929 | -€3,343 | -7.6% |
| Amounts receivable within one year | 40/41 | €35,039 | €32,926 | -€2,113 | -6.0% |
| Trade receivables | 40 | €29,578 | €30,332 | +€754 | +2.5% |
| Other amounts receivable | 41 | €5,461 | €2,594 | -€2,867 | -52.5% |
| Cash at bank and in hand | 54/58 | €9,233 | €7,860 | -€1,373 | -14.9% |
| Deferred charges and accrued income | 490/1 | - | €143 | +€143 | |
| Total equity and liabilities | 10/49 | €47,482 | €43,034 | -€4,448 | -9.4% |
| Equity | 10/15 | €23,344 | €13,369 | -€9,975 | -42.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,844 | €869 | -€9,975 | -92.0% |
| Amounts payable | 17/49 | €24,138 | €29,665 | +€5,527 | +22.9% |
| Amounts payable within one year | 42/48 | €24,138 | €29,665 | +€5,527 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €7,000 | - | -€7,000 | |
| Trade debts | 44 | €60 | €2,158 | +€2,098 | +3,497% |
| Suppliers | 440/4 | €60 | €2,158 | +€2,098 | +3,497% |
| Advances received on contracts in progress | 46 | - | €452 | +€452 | |
| Taxes, remuneration and social security | 45 | €6,660 | €11,369 | +€4,709 | +70.7% |
| Taxes | 450/3 | €2,473 | €2,400 | -€73 | -3.0% |
| Remuneration and social security | 454/9 | €4,187 | €8,969 | +€4,782 | +114% |
| Other amounts payable | 47/48 | €10,418 | €15,686 | +€5,268 | +50.6% |
| Remuneration, social security and pensions | 62 | €2,594 | €36,778 | +€34,184 | +1,318% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,845 | €1,105 | -€740 | -40.1% |
| Other operating charges | 640/8 | €1,705 | €2,008 | +€303 | +17.8% |
| Gross operating margin | 9900 | €41,341 | €30,160 | -€11,181 | -27.0% |
| Operating profit (loss) | 9901 | €35,197 | -€9,731 | -€44,928 | |
| Financial income | 75/76B | €10 | €28 | +€18 | +180% |
| Recurring financial income | 75 | €10 | €28 | +€18 | +180% |
| Financial charges | 65/66B | €81 | €272 | +€191 | +236% |
| Recurring financial charges | 65 | €81 | €272 | +€191 | +236% |
| Profit (loss) for the period before taxes | 9903 | €35,126 | -€9,975 | -€45,101 | |
| Income taxes | 67/77 | €6,782 | - | -€6,782 | |
| Profit (loss) for the period | 9904 | €28,344 | -€9,975 | -€38,319 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,344 | -€9,975 | -€38,319 |
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 13 October 2026 via checked.be.