MPPiTEC: 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.
MPPiTEC
Largest movements
- Intangible fixed assets -€59,968
down €59,968 (-74.8%), from €80,169 to €20,201
- Cash +€13,810
up €13,810 (+77.3%), from €17,869 to €31,679
mainly Depreciation (+€70,968) and Net result for the year (+€20,421)
- Other debts -€47,120
down €47,120 (-8.0%), from €587,120 to €540,000
- Profit (loss) carried forward +€20,421
up €20,421 (+1.7%), from -€1.2m to -€1.2m
- Advances received -€19,009
down €19,009 (-79.2%), from €24,009 to €5,000
- Gross operating margin +€38,221
up €38,221 (+46.5%), from €82,284 to €120,505
- Financial charges -€1,335
down €1,335 (-4.4%), from €30,240 to €28,905
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 | €281,597 | €236,231 | -€45,366 | -16.1% |
| Fixed assets | 21/28 | €80,169 | €20,201 | -€59,968 | -74.8% |
| Intangible fixed assets | 21 | €80,169 | €20,201 | -€59,968 | -74.8% |
| Current assets | 29/58 | €201,428 | €216,030 | +€14,601 | +7.2% |
| Amounts receivable within one year | 40/41 | €183,559 | €184,350 | +€791 | +0.4% |
| Other amounts receivable | 41 | €183,559 | €184,350 | +€791 | +0.4% |
| Cash at bank and in hand | 54/58 | €17,869 | €31,679 | +€13,810 | +77.3% |
| Total equity and liabilities | 10/49 | €281,597 | €236,231 | -€45,366 | -16.1% |
| Equity | 10/15 | -€329,532 | -€309,111 | +€20,421 | +6.2% |
| Contributions | 10/11 | €841,973 | €841,973 | = | 0.0% |
| Capital | 10 | €841,973 | €841,973 | = | 0.0% |
| Issued capital | 100 | €841,973 | €841,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,171,505 | -€1,151,084 | +€20,421 | +1.7% |
| Amounts payable | 17/49 | €611,129 | €545,342 | -€65,787 | -10.8% |
| Amounts payable within one year | 42/48 | €611,129 | €545,342 | -€65,787 | -10.8% |
| Trade debts | 44 | - | €342 | +€342 | |
| Suppliers | 440/4 | - | €342 | +€342 | |
| Advances received on contracts in progress | 46 | €24,009 | €5,000 | -€19,009 | -79.2% |
| Other amounts payable | 47/48 | €587,120 | €540,000 | -€47,120 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,894 | €70,968 | +€1,074 | +1.5% |
| Other operating charges | 640/8 | €660 | €212 | -€448 | -67.9% |
| Gross operating margin | 9900 | €82,284 | €120,505 | +€38,221 | +46.5% |
| Operating profit (loss) | 9901 | €11,730 | €49,325 | +€37,595 | +320.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €30,240 | €28,905 | -€1,335 | -4.4% |
| Recurring financial charges | 65 | €30,240 | €28,905 | -€1,335 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,509 | €20,421 | +€38,930 | |
| Profit (loss) for the period | 9904 | -€18,509 | €20,421 | +€38,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,509 | €20,421 | +€38,930 |
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 29 September 2026 via checked.be.