MT200: 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.
MT200
Largest movements
- Receivables within one year -€167,200
down €167,200 (-28.2%), from €592,200 to €425,000
of which Other amounts receivable: -€153,700
- Cash +€23,863
up €23,863 (+2006.8%), from €1,189 to €25,052
mainly Receivables within one year (+€167,200) and Net result for the year (+€8,880)
- Tax, wage and social debts -€62,928
down €62,928 (-95.5%), from €65,878 to €2,950
- Other debts -€55,669
down €55,669 (-84.5%), from €65,861 to €10,192
- Accrued charges and deferred income -€20,524
no longer reported in 2024 (was €20,524)
- Trade debts -€16,200
down €16,200 (-97.0%), from €16,708 to €508
- Profit (loss) carried forward +€8,436
up €8,436 (+16.4%), from €51,572 to €60,008
- Gross operating margin -€121,573
down €121,573 (-90.0%), from €135,090 to €13,517
- Taxes -€26,550
down €26,550 (-90.0%), from €29,500 to €2,950
- Financial charges -€15,124
down €15,124 (-96.8%), from €15,618 to €493
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 | €835,535 | €689,094 | -€146,441 | -17.5% |
| Fixed assets | 21/28 | €200,000 | €200,000 | = | 0.0% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €635,535 | €489,094 | -€146,441 | -23.0% |
| Stocks and contracts in progress | 3 | €42,146 | €39,042 | -€3,104 | -7.4% |
| Stocks | 30/36 | €42,146 | €39,042 | -€3,104 | -7.4% |
| Amounts receivable within one year | 40/41 | €592,200 | €425,000 | -€167,200 | -28.2% |
| Trade receivables | 40 | €13,500 | - | -€13,500 | |
| Other amounts receivable | 41 | €578,700 | €425,000 | -€153,700 | -26.6% |
| Cash at bank and in hand | 54/58 | €1,189 | €25,052 | +€23,863 | +2006.8% |
| Total equity and liabilities | 10/49 | €835,535 | €689,094 | -€146,441 | -17.5% |
| Equity | 10/15 | €666,564 | €675,444 | +€8,880 | +1.3% |
| Contributions | 10/11 | €570,460 | €570,460 | = | 0.0% |
| Capital | 10 | €570,460 | €570,460 | = | 0.0% |
| Issued capital | 100 | €570,460 | €570,460 | = | 0.0% |
| Reserves | 13 | €44,532 | €44,976 | +€444 | +1.0% |
| Non-distributable reserves | 130/1 | €44,532 | €44,976 | +€444 | +1.0% |
| Legal reserve | 130 | €44,532 | €44,976 | +€444 | +1.0% |
| Profit (loss) carried forward | 14 | €51,572 | €60,008 | +€8,436 | +16.4% |
| Amounts payable | 17/49 | €168,971 | €13,650 | -€155,321 | -91.9% |
| Amounts payable within one year | 42/48 | €148,447 | €13,650 | -€134,797 | -90.8% |
| Trade debts | 44 | €16,708 | €508 | -€16,200 | -97.0% |
| Suppliers | 440/4 | €16,708 | €508 | -€16,200 | -97.0% |
| Taxes, remuneration and social security | 45 | €65,878 | €2,950 | -€62,928 | -95.5% |
| Taxes | 450/3 | €65,878 | €2,950 | -€62,928 | -95.5% |
| Other amounts payable | 47/48 | €65,861 | €10,192 | -€55,669 | -84.5% |
| Accrued charges and deferred income | 492/3 | €20,524 | - | -€20,524 | |
| Other operating charges | 640/8 | €1,177 | €1,193 | +€16 | +1.4% |
| Gross operating margin | 9900 | €135,090 | €13,517 | -€121,573 | -90.0% |
| Operating profit (loss) | 9901 | €133,913 | €12,324 | -€121,589 | -90.8% |
| Financial charges | 65/66B | €15,618 | €493 | -€15,124 | -96.8% |
| Recurring financial charges | 65 | €15,618 | €493 | -€15,124 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €118,295 | €11,830 | -€106,465 | -90.0% |
| Income taxes | 67/77 | €29,500 | €2,950 | -€26,550 | -90.0% |
| Profit (loss) for the period | 9904 | €88,795 | €8,880 | -€79,915 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,795 | €8,880 | -€79,915 | -90.0% |
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.