MuCa Projects: 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.
MuCa Projects
Largest movements
- Cash +€55,338
up €55,338 (+6488.1%), from €853 to €56,191
mainly Net result for the year (+€49,174) and Investment in fixed assets (net) (+€44,277)
- Tangible fixed assets -€46,227
no longer reported in 2024 (was €46,227)
- Receivables within one year -€7,488
down €7,488 (-14.1%), from €52,963 to €45,476
of which Trade receivables: -€35,872
- Stocks and contracts -€5,270
down €5,270 (-31.2%), from €16,900 to €11,630
- Deferred charges and accrued income -€3,750
no longer reported in 2024 (was €3,750)
- Profit (loss) carried forward +€49,174
up €49,174 (+167.6%), from €29,332 to €78,506
- Other debts -€48,209
no longer reported in 2024 (was €48,209)
- Trade debts -€14,363
down €14,363 (-60.1%), from €23,894 to €9,531
- Tax, wage and social debts +€7,952
up €7,952 (+479.4%), from €1,659 to €9,610
of which Taxes: +€9,062
- Gross operating margin +€83,922
up €83,922, from -€15,282 to €68,640
- Taxes +€9,094
new in 2024: €9,094
- Depreciation -€2,273
no longer reported in 2024 (was €2,273)
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 | €121,693 | €116,247 | -€5,446 | -4.5% |
| Fixed assets | 21/28 | €47,227 | €2,950 | -€44,277 | -93.8% |
| Tangible fixed assets | 22/27 | €46,227 | - | -€46,227 | |
| Land and buildings | 22 | €46,227 | - | -€46,227 | |
| Financial fixed assets | 28 | €1,000 | €2,950 | +€1,950 | +195.0% |
| Current assets | 29/58 | €74,466 | €113,297 | +€38,831 | +52.1% |
| Stocks and contracts in progress | 3 | €16,900 | €11,630 | -€5,270 | -31.2% |
| Stocks | 30/36 | €16,900 | €11,630 | -€5,270 | -31.2% |
| Amounts receivable within one year | 40/41 | €52,963 | €45,476 | -€7,488 | -14.1% |
| Trade receivables | 40 | €47,664 | €11,793 | -€35,872 | -75.3% |
| Other amounts receivable | 41 | €5,299 | €33,683 | +€28,384 | +535.7% |
| Cash at bank and in hand | 54/58 | €853 | €56,191 | +€55,338 | +6488.1% |
| Deferred charges and accrued income | 490/1 | €3,750 | - | -€3,750 | |
| Total equity and liabilities | 10/49 | €121,693 | €116,247 | -€5,446 | -4.5% |
| Equity | 10/15 | €47,932 | €97,106 | +€49,174 | +102.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,332 | €78,506 | +€49,174 | +167.6% |
| Amounts payable | 17/49 | €73,761 | €19,141 | -€54,620 | -74.1% |
| Amounts payable within one year | 42/48 | €73,761 | €19,141 | -€54,620 | -74.1% |
| Trade debts | 44 | €23,894 | €9,531 | -€14,363 | -60.1% |
| Suppliers | 440/4 | €23,894 | €9,531 | -€14,363 | -60.1% |
| Taxes, remuneration and social security | 45 | €1,659 | €9,610 | +€7,952 | +479.4% |
| Taxes | 450/3 | €32 | €9,094 | +€9,062 | +28769.7% |
| Remuneration and social security | 454/9 | €1,627 | €516 | -€1,111 | -68.3% |
| Other amounts payable | 47/48 | €48,209 | - | -€48,209 | |
| Non-recurring operating income | 76A | - | €58,773 | +€58,773 | |
| Remuneration, social security and pensions | 62 | €7,987 | €8,443 | +€456 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,273 | - | -€2,273 | |
| Other operating charges | 640/8 | €1,883 | €1,576 | -€307 | -16.3% |
| Gross operating margin | 9900 | -€15,282 | €68,640 | +€83,922 | |
| Operating profit (loss) | 9901 | -€27,425 | €58,621 | +€86,046 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €147 | €358 | +€211 | +143.3% |
| Recurring financial charges | 65 | €147 | €358 | +€211 | +143.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,572 | €58,268 | +€85,840 | |
| Income taxes | 67/77 | - | €9,094 | +€9,094 | |
| Profit (loss) for the period | 9904 | -€27,572 | €49,174 | +€76,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,572 | €49,174 | +€76,746 |
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 4 October 2026 via checked.be.