MUCHO MORENO: 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.
MUCHO MORENO
Largest movements
- Receivables within one year -€14,221
down €14,221 (-88.1%), from €16,147 to €1,926
of which Trade receivables: -€14,063
- Tangible fixed assets -€3,244
down €3,244 (-44.4%), from €7,303 to €4,059
- Cash -€416
down €416 (-100.0%), from €416 to €0
mainly Net result for the year (-€10,194) and Trade debts (-€4,009)
- Profit (loss) carried forward -€10,194
down €10,194 (-33.2%), from -€30,680 to -€40,874
- Trade debts -€4,009
down €4,009 (-51.5%), from €7,792 to €3,783
- Debts after one year -€2,726
no longer reported in 2024 (was €2,726)
- Tax, wage and social debts -€2,514
down €2,514 (-12.3%), from €20,455 to €17,941
- Other debts +€1,600
up €1,600 (+320.0%), from €500 to €2,100
- Gross operating margin -€17,932
down €17,932, from €14,203 to -€3,729
- Staff costs -€1,017
down €1,017 (-59.3%), from €1,714 to €697
- Other operating charges +€789
up €789 (+86.0%), from €917 to €1,706
- Financial charges +€461
up €461 (+128.9%), from €357 to €818
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 | €23,866 | €5,985 | -€17,881 | -74.9% |
| Fixed assets | 21/28 | €7,303 | €4,059 | -€3,244 | -44.4% |
| Tangible fixed assets | 22/27 | €7,303 | €4,059 | -€3,244 | -44.4% |
| Plant, machinery and equipment | 23 | €7,303 | €4,059 | -€3,244 | -44.4% |
| Current assets | 29/58 | €16,563 | €1,926 | -€14,637 | -88.4% |
| Amounts receivable within one year | 40/41 | €16,147 | €1,926 | -€14,221 | -88.1% |
| Trade receivables | 40 | €14,063 | €0 | -€14,063 | -100.0% |
| Other amounts receivable | 41 | €2,084 | €1,926 | -€158 | -7.6% |
| Cash at bank and in hand | 54/58 | €416 | €0 | -€416 | -100.0% |
| Total equity and liabilities | 10/49 | €23,866 | €5,985 | -€17,881 | -74.9% |
| Equity | 10/15 | -€7,780 | -€17,974 | -€10,194 | -131.0% |
| Contributions | 10/11 | €22,900 | €22,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,680 | -€40,874 | -€10,194 | -33.2% |
| Amounts payable | 17/49 | €31,646 | €23,959 | -€7,687 | -24.3% |
| Amounts payable after more than one year | 17 | €2,726 | - | -€2,726 | |
| Financial debts | 170/4 | €2,726 | - | -€2,726 | |
| Amounts payable within one year | 42/48 | €28,920 | €23,959 | -€4,961 | -17.2% |
| Financial debts | 43 | €174 | €135 | -€39 | -22.3% |
| Credit institutions | 430/8 | €174 | €135 | -€39 | -22.3% |
| Trade debts | 44 | €7,792 | €3,783 | -€4,009 | -51.5% |
| Suppliers | 440/4 | €7,792 | €3,783 | -€4,009 | -51.5% |
| Taxes, remuneration and social security | 45 | €20,455 | €17,941 | -€2,514 | -12.3% |
| Remuneration and social security | 454/9 | €20,455 | €17,941 | -€2,514 | -12.3% |
| Other amounts payable | 47/48 | €500 | €2,100 | +€1,600 | +320.0% |
| Remuneration, social security and pensions | 62 | €1,714 | €697 | -€1,017 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,301 | €3,244 | -€57 | -1.7% |
| Other operating charges | 640/8 | €917 | €1,706 | +€789 | +86.0% |
| Gross operating margin | 9900 | €14,203 | -€3,729 | -€17,932 | |
| Operating profit (loss) | 9901 | €8,271 | -€9,376 | -€17,647 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €357 | €818 | +€461 | +128.9% |
| Recurring financial charges | 65 | €357 | €818 | +€461 | +128.9% |
| Profit (loss) for the period before taxes | 9903 | €7,914 | -€10,194 | -€18,108 | |
| Profit (loss) for the period | 9904 | €7,914 | -€10,194 | -€18,108 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,914 | -€10,194 | -€18,108 |
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 11 October 2026 via checked.be.