MPS: 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.
MPS
Largest movements
- Cash +€41,379
up €41,379 (+120.7%), from €34,280 to €75,659
mainly Short-term financial debts (+€70,901) and Depreciation (+€18,818)
- Tangible fixed assets -€14,032
down €14,032 (-18.4%), from €76,312 to €62,281
of which Other tangible fixed assets: -€9,722
- Receivables within one year +€9,611
up €9,611 (+132.7%), from €7,243 to €16,855
of which Other amounts receivable: +€6,471
- Stocks and contracts +€5,205
up €5,205 (+11.3%), from €46,140 to €51,345
- Deferred charges and accrued income -€4,236
down €4,236 (-22.8%), from €18,575 to €14,339
- Short-term financial debts +€70,901
new in 2024: €70,901
- Profit (loss) carried forward -€46,763
down €46,763 (-459.1%), from -€10,185 to -€56,948
- Tax, wage and social debts +€16,605
up €16,605 (+47.0%), from €35,323 to €51,929
of which Taxes: +€24,916
- Debts after one year -€5,103
down €5,103 (-25.2%), from €20,245 to €15,143
- Trade debts +€4,806
up €4,806 (+4.9%), from €98,814 to €103,620
- Gross operating margin -€59,614
down €59,614 (-46.3%), from €128,696 to €69,082
- Staff costs -€6,591
down €6,591 (-8.5%), from €77,949 to €71,358
- Financial charges +€2,578
up €2,578 (+29.6%), from €8,694 to €11,272
- Other operating charges +€2,333
up €2,333 (+18.6%), from €12,564 to €14,897
- Depreciation +€2,112
up €2,112 (+12.6%), from €16,706 to €18,818
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 | €182,551 | €220,478 | +€37,927 | +20.8% |
| Fixed assets | 21/28 | €76,312 | €62,281 | -€14,032 | -18.4% |
| Tangible fixed assets | 22/27 | €76,312 | €62,281 | -€14,032 | -18.4% |
| Furniture and vehicles | 24 | €16,361 | €12,052 | -€4,309 | -26.3% |
| Other tangible fixed assets | 26 | €59,951 | €50,229 | -€9,722 | -16.2% |
| Current assets | 29/58 | €106,238 | €158,197 | +€51,959 | +48.9% |
| Stocks and contracts in progress | 3 | €46,140 | €51,345 | +€5,205 | +11.3% |
| Stocks | 30/36 | €46,140 | €51,345 | +€5,205 | +11.3% |
| Amounts receivable within one year | 40/41 | €7,243 | €16,855 | +€9,611 | +132.7% |
| Trade receivables | 40 | €5,381 | €8,521 | +€3,140 | +58.4% |
| Other amounts receivable | 41 | €1,863 | €8,334 | +€6,471 | +347.4% |
| Cash at bank and in hand | 54/58 | €34,280 | €75,659 | +€41,379 | +120.7% |
| Deferred charges and accrued income | 490/1 | €18,575 | €14,339 | -€4,236 | -22.8% |
| Total equity and liabilities | 10/49 | €182,551 | €220,478 | +€37,927 | +20.8% |
| Equity | 10/15 | €19,815 | -€26,948 | -€46,763 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,185 | -€56,948 | -€46,763 | -459.1% |
| Amounts payable | 17/49 | €162,735 | €247,426 | +€84,691 | +52.0% |
| Amounts payable after more than one year | 17 | €20,245 | €15,143 | -€5,103 | -25.2% |
| Financial debts | 170/4 | €20,245 | €15,143 | -€5,103 | -25.2% |
| Amounts payable within one year | 42/48 | €142,490 | €231,744 | +€89,254 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €4,901 | €5,103 | +€202 | +4.1% |
| Financial debts | 43 | - | €70,901 | +€70,901 | |
| Credit institutions | 430/8 | - | €70,901 | +€70,901 | |
| Trade debts | 44 | €98,814 | €103,620 | +€4,806 | +4.9% |
| Suppliers | 440/4 | €98,814 | €103,620 | +€4,806 | +4.9% |
| Taxes, remuneration and social security | 45 | €35,323 | €51,929 | +€16,605 | +47.0% |
| Taxes | 450/3 | €19,282 | €44,198 | +€24,916 | +129.2% |
| Remuneration and social security | 454/9 | €16,041 | €7,731 | -€8,310 | -51.8% |
| Other amounts payable | 47/48 | €3,453 | €191 | -€3,261 | -94.5% |
| Accrued charges and deferred income | 492/3 | - | €540 | +€540 | |
| Remuneration, social security and pensions | 62 | €77,949 | €71,358 | -€6,591 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,706 | €18,818 | +€2,112 | +12.6% |
| Other operating charges | 640/8 | €12,564 | €14,897 | +€2,333 | +18.6% |
| Gross operating margin | 9900 | €128,696 | €69,082 | -€59,614 | -46.3% |
| Operating profit (loss) | 9901 | €21,477 | -€35,991 | -€57,468 | |
| Financial income | 75/76B | €1,059 | €499 | -€560 | -52.8% |
| Recurring financial income | 75 | €1,059 | €499 | -€560 | -52.8% |
| Financial charges | 65/66B | €8,694 | €11,272 | +€2,578 | +29.6% |
| Recurring financial charges | 65 | €8,694 | €11,272 | +€2,578 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €13,842 | -€46,763 | -€60,605 | |
| Profit (loss) for the period | 9904 | €13,842 | -€46,763 | -€60,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,842 | -€46,763 | -€60,605 |
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 28 September 2026 via checked.be.