MUNRI: 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.
MUNRI
Largest movements
- Stocks and contracts -€6,360
down €6,360 (-13.6%), from €46,934 to €40,574
- Cash +€5,798
new in 2024: €5,798
mainly Current portion of long-term debt (+€23,066) and Other debts (+€22,118)
- Tangible fixed assets -€5,452
down €5,452 (-17.0%), from €32,023 to €26,571
of which Other tangible fixed assets: -€5,087
- Trade debts -€41,308
down €41,308 (-97.0%), from €42,592 to €1,284
- Current portion of long-term debt +€23,066
up €23,066 (+245.1%), from €9,409 to €32,475
- Other debts +€22,118
up €22,118 (+7447.1%), from €297 to €22,415
- Short-term financial debts -€16,455
no longer reported in 2024 (was €16,455)
- Profit (loss) carried forward +€14,877
up €14,877 (+33.7%), from -€44,140 to -€29,263
- Financial charges +€2,581
up €2,581 (+41.9%), from €6,158 to €8,739
- Gross operating margin -€1,580
down €1,580 (-4.8%), from €33,087 to €31,507
- Other operating charges -€1,226
down €1,226 (-33.4%), from €3,667 to €2,441
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 | €80,920 | €74,582 | -€6,338 | -7.8% |
| Fixed assets | 21/28 | €32,848 | €27,396 | -€5,452 | -16.6% |
| Tangible fixed assets | 22/27 | €32,023 | €26,571 | -€5,452 | -17.0% |
| Furniture and vehicles | 24 | €1,086 | €720 | -€366 | -33.7% |
| Other tangible fixed assets | 26 | €30,937 | €25,850 | -€5,087 | -16.4% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €48,072 | €47,186 | -€886 | -1.8% |
| Stocks and contracts in progress | 3 | €46,934 | €40,574 | -€6,360 | -13.6% |
| Stocks | 30/36 | €46,934 | €40,574 | -€6,360 | -13.6% |
| Amounts receivable within one year | 40/41 | €1,138 | €814 | -€324 | -28.5% |
| Trade receivables | 40 | €1,138 | €814 | -€324 | -28.5% |
| Cash at bank and in hand | 54/58 | - | €5,798 | +€5,798 | |
| Total equity and liabilities | 10/49 | €80,920 | €74,582 | -€6,338 | -7.8% |
| Equity | 10/15 | -€24,140 | -€9,263 | +€14,877 | +61.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,140 | -€29,263 | +€14,877 | +33.7% |
| Amounts payable | 17/49 | €105,060 | €83,845 | -€21,215 | -20.2% |
| Amounts payable after more than one year | 17 | €12,034 | €4,559 | -€7,475 | -62.1% |
| Financial debts | 170/4 | €12,034 | €4,559 | -€7,475 | -62.1% |
| Amounts payable within one year | 42/48 | €93,026 | €79,286 | -€13,740 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €9,409 | €32,475 | +€23,066 | +245.1% |
| Financial debts | 43 | €16,455 | - | -€16,455 | |
| Credit institutions | 430/8 | €16,455 | - | -€16,455 | |
| Trade debts | 44 | €42,592 | €1,284 | -€41,308 | -97.0% |
| Suppliers | 440/4 | €42,592 | €1,284 | -€41,308 | -97.0% |
| Advances received on contracts in progress | 46 | - | €985 | +€985 | |
| Taxes, remuneration and social security | 45 | €24,273 | €22,127 | -€2,146 | -8.8% |
| Taxes | 450/3 | €24,273 | €22,127 | -€2,146 | -8.8% |
| Other amounts payable | 47/48 | €297 | €22,415 | +€22,118 | +7447.1% |
| Remuneration, social security and pensions | 62 | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,454 | €5,454 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,667 | €2,441 | -€1,226 | -33.4% |
| Gross operating margin | 9900 | €33,087 | €31,507 | -€1,580 | -4.8% |
| Operating profit (loss) | 9901 | €23,786 | €23,613 | -€173 | -0.7% |
| Financial income | 75/76B | €57 | €3 | -€54 | -94.5% |
| Recurring financial income | 75 | €57 | €3 | -€54 | -94.5% |
| Financial charges | 65/66B | €6,158 | €8,739 | +€2,581 | +41.9% |
| Recurring financial charges | 65 | €6,158 | €8,739 | +€2,581 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €17,685 | €14,877 | -€2,808 | -15.9% |
| Profit (loss) for the period | 9904 | €17,685 | €14,877 | -€2,808 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,685 | €14,877 | -€2,808 | -15.9% |
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.