MUCO PLAFONNAGE & CONSTRUCT: 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.
MUCO PLAFONNAGE & CONSTRUCT
Largest movements
- Tangible fixed assets -€36,929
down €36,929 (-7.5%), from €491,050 to €454,121
of which Land and buildings: -€26,641
- Receivables within one year -€23,126
down €23,126 (-65.3%), from €35,424 to €12,298
of which Trade receivables: -€23,420
- Cash +€9,396
up €9,396 (+410%), from €2,293 to €11,689
mainly Depreciation (+€38,815) and Receivables within one year (+€23,126)
- Debts after one year -€32,679
down €32,679 (-18.1%), from €180,111 to €147,433
- Trade debts -€23,734
down €23,734 (-37.2%), from €63,823 to €40,089
- Reserves +€6,535
up €6,535 (+3.4%), from €193,021 to €199,556
- Staff costs -€61,824
down €61,824 (-100.0%), from €61,832 to €8
- Gross operating margin -€48,700
down €48,700 (-43.7%), from €111,492 to €62,793
- Taxes +€2,653
new in 2024: €2,653
- Other operating charges -€2,215
down €2,215 (-27.0%), from €8,191 to €5,976
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.
Derived cash bridge
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 | €533,395 | €483,471 | -€49,924 | -9.4% |
| Fixed assets | 21/28 | €491,050 | €454,121 | -€36,929 | -7.5% |
| Tangible fixed assets | 22/27 | €491,050 | €454,121 | -€36,929 | -7.5% |
| Land and buildings | 22 | €455,075 | €428,434 | -€26,641 | -5.9% |
| Plant, machinery and equipment | 23 | €10,720 | €7,120 | -€3,601 | -33.6% |
| Furniture and vehicles | 24 | €25,255 | €18,567 | -€6,687 | -26.5% |
| Current assets | 29/58 | €42,345 | €29,350 | -€12,995 | -30.7% |
| Stocks and contracts in progress | 3 | - | €1,572 | +€1,572 | |
| Stocks | 30/36 | - | €1,572 | +€1,572 | |
| Amounts receivable within one year | 40/41 | €35,424 | €12,298 | -€23,126 | -65.3% |
| Trade receivables | 40 | €31,678 | €8,258 | -€23,420 | -73.9% |
| Other amounts receivable | 41 | €3,747 | €4,041 | +€294 | +7.9% |
| Cash at bank and in hand | 54/58 | €2,293 | €11,689 | +€9,396 | +410% |
| Deferred charges and accrued income | 490/1 | €4,627 | €3,790 | -€837 | -18.1% |
| Total equity and liabilities | 10/49 | €533,395 | €483,471 | -€49,924 | -9.4% |
| Equity | 10/15 | €228,670 | €233,894 | +€5,224 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193,021 | €199,556 | +€6,535 | +3.4% |
| Distributable reserves | 133 | €193,021 | €199,556 | +€6,535 | +3.4% |
| Investment grants | 15 | €17,050 | €15,738 | -€1,312 | -7.7% |
| Amounts payable | 17/49 | €304,725 | €249,578 | -€55,147 | -18.1% |
| Amounts payable after more than one year | 17 | €180,111 | €147,433 | -€32,679 | -18.1% |
| Financial debts | 170/4 | €180,111 | €147,433 | -€32,679 | -18.1% |
| Amounts payable within one year | 42/48 | €124,614 | €102,145 | -€22,469 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €34,273 | €35,597 | +€1,324 | +3.9% |
| Trade debts | 44 | €63,823 | €40,089 | -€23,734 | -37.2% |
| Suppliers | 440/4 | €63,823 | €40,089 | -€23,734 | -37.2% |
| Taxes, remuneration and social security | 45 | €10,200 | €10,783 | +€583 | +5.7% |
| Taxes | 450/3 | €526 | €2,653 | +€2,127 | +405% |
| Remuneration and social security | 454/9 | €9,674 | €8,130 | -€1,544 | -16.0% |
| Other amounts payable | 47/48 | €16,318 | €15,676 | -€642 | -3.9% |
| Remuneration, social security and pensions | 62 | €61,832 | €8 | -€61,824 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,264 | €38,815 | +€551 | +1.4% |
| Other operating charges | 640/8 | €8,191 | €5,976 | -€2,215 | -27.0% |
| Gross operating margin | 9900 | €111,492 | €62,793 | -€48,700 | -43.7% |
| Operating profit (loss) | 9901 | €3,205 | €17,993 | +€14,788 | +461% |
| Financial income | 75/76B | €2,059 | €1,412 | -€647 | -31.4% |
| Recurring financial income | 75 | €2,059 | €1,412 | -€647 | -31.4% |
| Financial charges | 65/66B | €6,727 | €6,675 | -€52 | -0.8% |
| Recurring financial charges | 65 | €6,727 | €6,675 | -€52 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,463 | €12,730 | +€14,193 | |
| Income taxes | 67/77 | - | €2,653 | +€2,653 | |
| Profit (loss) for the period | 9904 | -€1,463 | €10,077 | +€11,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,463 | €10,077 | +€11,540 |
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 29 October 2026 via checked.be.