Mulo 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.
Mulo Projects
Largest movements
- Tangible fixed assets -€7,855
down €7,855 (-29.2%), from €26,918 to €19,064
- Profit (loss) carried forward -€15,040
down €15,040 (-322.4%), from -€4,665 to -€19,705
- Trade debts +€9,256
up €9,256 (+12153.6%), from €76 to €9,332
- Contributions +€5,000
new in 2024: €5,000
- Debts after one year -€4,953
down €4,953 (-37.7%), from €13,142 to €8,189
- Other debts -€2,278
down €2,278 (-16.9%), from €13,463 to €11,185
- Gross operating margin -€15,593
down €15,593, from €9,951 to -€5,642
- Depreciation -€2,763
down €2,763 (-26.0%), from €10,618 to €7,855
- Other operating charges -€1,572
down €1,572 (-60.7%), from €2,587 to €1,016
- Financial charges -€884
down €884 (-62.6%), from €1,411 to €528
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 | €26,922 | €19,067 | -€7,855 | -29.2% |
| Fixed assets | 21/28 | €26,918 | €19,064 | -€7,855 | -29.2% |
| Tangible fixed assets | 22/27 | €26,918 | €19,064 | -€7,855 | -29.2% |
| Furniture and vehicles | 24 | €26,918 | €19,064 | -€7,855 | -29.2% |
| Current assets | 29/58 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4 | €4 | = | 0.0% |
| Total equity and liabilities | 10/49 | €26,922 | €19,067 | -€7,855 | -29.2% |
| Equity | 10/15 | -€4,665 | -€14,705 | -€10,040 | -215.2% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€4,665 | -€19,705 | -€15,040 | -322.4% |
| Amounts payable | 17/49 | €31,587 | €33,772 | +€2,185 | +6.9% |
| Amounts payable after more than one year | 17 | €13,142 | €8,189 | -€4,953 | -37.7% |
| Financial debts | 170/4 | €13,142 | €8,189 | -€4,953 | -37.7% |
| Amounts payable within one year | 42/48 | €18,444 | €25,583 | +€7,139 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €4,790 | €4,953 | +€163 | +3.4% |
| Trade debts | 44 | €76 | €9,332 | +€9,256 | +12153.6% |
| Suppliers | 440/4 | €76 | €9,332 | +€9,256 | +12153.6% |
| Taxes, remuneration and social security | 45 | €115 | €112 | -€3 | -2.5% |
| Taxes | 450/3 | €115 | €112 | -€3 | -2.5% |
| Other amounts payable | 47/48 | €13,463 | €11,185 | -€2,278 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,618 | €7,855 | -€2,763 | -26.0% |
| Other operating charges | 640/8 | €2,587 | €1,016 | -€1,572 | -60.7% |
| Gross operating margin | 9900 | €9,951 | -€5,642 | -€15,593 | |
| Operating profit (loss) | 9901 | -€3,254 | -€14,512 | -€11,259 | -346.1% |
| Financial charges | 65/66B | €1,411 | €528 | -€884 | -62.6% |
| Recurring financial charges | 65 | €1,411 | €528 | -€884 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,665 | -€15,040 | -€10,375 | -222.4% |
| Profit (loss) for the period | 9904 | -€4,665 | -€15,040 | -€10,375 | -222.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,665 | -€15,040 | -€10,375 | -222.4% |
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.