MTP: 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.
MTP
Largest movements
- Receivables within one year +€28,591
up €28,591 (+71.9%), from €39,776 to €68,367
- Cash -€25,968
down €25,968 (-28.1%), from €92,479 to €66,511
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€28,591)
- Tangible fixed assets +€5,372
new in 2024: €5,372
- Other debts +€80,000
new in 2024: €80,000
- Profit (loss) carried forward -€65,813
down €65,813 (-53.3%), from €123,491 to €57,677
- Tax, wage and social debts -€2,360
down €2,360 (-34.7%), from €6,800 to €4,440
of which Taxes: -€4,500
- Provisions +€47,290
no longer reported in 2024 (was -€47,290)
- Gross operating margin +€29,063
up €29,063 (+93.2%), from €31,173 to €60,236
- Other operating charges -€3,085
down €3,085 (-88.6%), from €3,482 to €396
- Taxes +€2,355
up €2,355 (+508.5%), from €463 to €2,818
- Financial income +€2,260
new in 2024: €2,260
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 | €137,204 | €147,612 | +€10,407 | +7.6% |
| Fixed assets | 21/28 | €4,949 | €10,321 | +€5,372 | +108.5% |
| Tangible fixed assets | 22/27 | - | €5,372 | +€5,372 | |
| Furniture and vehicles | 24 | - | €5,372 | +€5,372 | |
| Financial fixed assets | 28 | €4,949 | €4,949 | = | 0.0% |
| Current assets | 29/58 | €132,255 | €137,291 | +€5,035 | +3.8% |
| Amounts receivable within one year | 40/41 | €39,776 | €68,367 | +€28,591 | +71.9% |
| Other amounts receivable | 41 | €39,776 | €68,367 | +€28,591 | +71.9% |
| Current investments | 50/53 | - | €1,251 | +€1,251 | |
| Cash at bank and in hand | 54/58 | €92,479 | €66,511 | -€25,968 | -28.1% |
| Deferred charges and accrued income | 490/1 | - | €1,162 | +€1,162 | |
| Total equity and liabilities | 10/49 | €137,204 | €147,612 | +€10,407 | +7.6% |
| Equity | 10/15 | €125,491 | €59,677 | -€65,813 | -52.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,491 | €57,677 | -€65,813 | -53.3% |
| Amounts payable | 17/49 | €11,714 | €87,934 | +€76,221 | +650.7% |
| Amounts payable within one year | 42/48 | €11,714 | €87,934 | +€76,221 | +650.7% |
| Trade debts | 44 | €4,914 | €3,494 | -€1,419 | -28.9% |
| Suppliers | 440/4 | €4,914 | €3,494 | -€1,419 | -28.9% |
| Taxes, remuneration and social security | 45 | €6,800 | €4,440 | -€2,360 | -34.7% |
| Taxes | 450/3 | €6,800 | €2,300 | -€4,500 | -66.2% |
| Remuneration and social security | 454/9 | - | €2,140 | +€2,140 | |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €491 | +€216 | +78.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€47,290 | - | +€47,290 | |
| Other operating charges | 640/8 | €3,482 | €396 | -€3,085 | -88.6% |
| Non-recurring operating charges | 66A | €1,275 | - | -€1,275 | |
| Gross operating margin | 9900 | €31,173 | €60,236 | +€29,063 | +93.2% |
| Operating profit (loss) | 9901 | €73,432 | €59,349 | -€14,083 | -19.2% |
| Financial income | 75/76B | - | €2,260 | +€2,260 | |
| Recurring financial income | 75 | - | €2,260 | +€2,260 | |
| Financial charges | 65/66B | €45,082 | €44,605 | -€477 | -1.1% |
| Recurring financial charges | 65 | €45,082 | €44,605 | -€477 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €28,350 | €17,004 | -€11,345 | -40.0% |
| Income taxes | 67/77 | €463 | €2,818 | +€2,355 | +508.5% |
| Profit (loss) for the period | 9904 | €27,887 | €14,187 | -€13,700 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,887 | €14,187 | -€13,700 | -49.1% |
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 1 October 2026 via checked.be.