MT&D Chapes: 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.
MT&D Chapes
Largest movements
- Cash +€19,005
up €19,005 (+627.6%), from €3,028 to €22,034
mainly Trade debts (+€27,130) and Net result for the year (+€7,530)
- Receivables within one year +€5,850
up €5,850 (+13.0%), from €44,933 to €50,784
of which Trade receivables: +€11,336
- Tangible fixed assets -€1,749
down €1,749 (-33.9%), from €5,164 to €3,414
of which Furniture and vehicles: -€882
- Intangible fixed assets -€1,000
down €1,000 (-30.0%), from €3,333 to €2,333
- Trade debts +€27,130
up €27,130 (+7137.2%), from €380 to €27,511
- Tax, wage and social debts -€16,216
down €16,216 (-30.0%), from €53,986 to €37,770
of which Remuneration and social security: -€17,175
- Profit (loss) carried forward +€7,530
up €7,530, from -€4,308 to €3,222
- Other debts +€3,923
new in 2024: €3,923
- Gross operating margin +€49,838
up €49,838, from -€32,553 to €17,285
- Other operating charges -€4,500
down €4,500 (-80.3%), from €5,604 to €1,103
- Financial charges +€1,601
up €1,601 (+132.6%), from €1,207 to €2,807
- Financial income -€964
down €964 (-85.1%), from €1,132 to €168
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 | €58,118 | €80,485 | +€22,367 | +38.5% |
| Fixed assets | 21/28 | €8,497 | €5,748 | -€2,749 | -32.4% |
| Intangible fixed assets | 21 | €3,333 | €2,333 | -€1,000 | -30.0% |
| Tangible fixed assets | 22/27 | €5,164 | €3,414 | -€1,749 | -33.9% |
| Plant, machinery and equipment | 23 | €2,309 | €1,442 | -€867 | -37.6% |
| Furniture and vehicles | 24 | €2,854 | €1,972 | -€882 | -30.9% |
| Current assets | 29/58 | €49,621 | €74,738 | +€25,117 | +50.6% |
| Amounts receivable within one year | 40/41 | €44,933 | €50,784 | +€5,850 | +13.0% |
| Trade receivables | 40 | €39,393 | €50,728 | +€11,336 | +28.8% |
| Other amounts receivable | 41 | €5,541 | €55 | -€5,485 | -99.0% |
| Cash at bank and in hand | 54/58 | €3,028 | €22,034 | +€19,005 | +627.6% |
| Deferred charges and accrued income | 490/1 | €1,659 | €1,920 | +€261 | +15.7% |
| Total equity and liabilities | 10/49 | €58,118 | €80,485 | +€22,367 | +38.5% |
| Equity | 10/15 | €3,752 | €11,282 | +€7,530 | +200.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,308 | €3,222 | +€7,530 | |
| Amounts payable | 17/49 | €54,366 | €69,204 | +€14,837 | +27.3% |
| Amounts payable within one year | 42/48 | €54,366 | €69,204 | +€14,837 | +27.3% |
| Trade debts | 44 | €380 | €27,511 | +€27,130 | +7137.2% |
| Suppliers | 440/4 | €380 | €27,511 | +€27,130 | +7137.2% |
| Taxes, remuneration and social security | 45 | €53,986 | €37,770 | -€16,216 | -30.0% |
| Taxes | 450/3 | €36,811 | €37,770 | +€959 | +2.6% |
| Remuneration and social security | 454/9 | €17,175 | - | -€17,175 | |
| Other amounts payable | 47/48 | - | €3,923 | +€3,923 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,659 | €2,749 | +€90 | +3.4% |
| Other operating charges | 640/8 | €5,604 | €1,103 | -€4,500 | -80.3% |
| Non-recurring operating charges | 66A | - | €3,040 | +€3,040 | |
| Gross operating margin | 9900 | -€32,553 | €17,285 | +€49,838 | |
| Operating profit (loss) | 9901 | -€40,816 | €10,392 | +€51,208 | |
| Financial income | 75/76B | €1,132 | €168 | -€964 | -85.1% |
| Recurring financial income | 75 | €1,132 | €168 | -€964 | -85.1% |
| Financial charges | 65/66B | €1,207 | €2,807 | +€1,601 | +132.6% |
| Recurring financial charges | 65 | €1,207 | €2,807 | +€1,601 | +132.6% |
| Profit (loss) for the period before taxes | 9903 | -€40,890 | €7,753 | +€48,643 | |
| Income taxes | 67/77 | €450 | €223 | -€227 | -50.4% |
| Profit (loss) for the period | 9904 | -€41,340 | €7,530 | +€48,870 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,340 | €7,530 | +€48,870 |
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.