MT DECO: 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 DECO
Largest movements
- Receivables within one year -€12,678
no longer reported in 2023 (was €12,678)
- Profit (loss) carried forward -€15,217
down €15,217 (-182%), from -€8,383 to -€23,600
- Other debts +€1,219
new in 2023: €1,219
- Trade debts +€1,161
up €1,161 (+150%), from €776 to €1,937
- Other operating charges +€12,707
up €12,707 (+2,453%), from €518 to €13,224
- Financial charges +€463
up €463 (+257%), from €180 to €643
- Gross operating margin +€354
up €354 (+20.8%), from -€1,704 to -€1,349
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,853 | €16 | -€12,837 | -99.9% |
| Current assets | 29/58 | €12,853 | €16 | -€12,837 | -99.9% |
| Amounts receivable within one year | 40/41 | €12,678 | - | -€12,678 | |
| Other amounts receivable | 41 | €12,678 | - | -€12,678 | |
| Cash at bank and in hand | 54/58 | €57 | €16 | -€41 | -72.1% |
| Deferred charges and accrued income | 490/1 | €118 | - | -€118 | |
| Total equity and liabilities | 10/49 | €12,853 | €16 | -€12,837 | -99.9% |
| Equity | 10/15 | €12,077 | -€3,140 | -€15,217 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,383 | -€23,600 | -€15,217 | -182% |
| Amounts payable | 17/49 | €776 | €3,156 | +€2,380 | +307% |
| Amounts payable within one year | 42/48 | €776 | €3,156 | +€2,380 | +307% |
| Trade debts | 44 | €776 | €1,937 | +€1,161 | +150% |
| Suppliers | 440/4 | €776 | €1,937 | +€1,161 | +150% |
| Other amounts payable | 47/48 | - | €1,219 | +€1,219 | |
| Other operating charges | 640/8 | €518 | €13,224 | +€12,707 | +2,453% |
| Gross operating margin | 9900 | -€1,704 | -€1,349 | +€354 | +20.8% |
| Operating profit (loss) | 9901 | -€2,222 | -€14,574 | -€12,352 | -556% |
| Financial charges | 65/66B | €180 | €643 | +€463 | +257% |
| Recurring financial charges | 65 | €180 | €643 | +€463 | +257% |
| Profit (loss) for the period before taxes | 9903 | -€2,402 | -€15,217 | -€12,815 | -534% |
| Profit (loss) for the period | 9904 | -€2,402 | -€15,217 | -€12,815 | -534% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,402 | -€15,217 | -€12,815 | -534% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.