Mursah: 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.
Mursah
Largest movements
- Receivables within one year -€15,686
down €15,686 (-36.3%), from €43,232 to €27,546
of which Trade receivables: -€18,252
- Cash +€8,307
up €8,307 (+24.2%), from €34,328 to €42,634
mainly Receivables within one year (+€15,686) and Net result for the year (+€9,952)
- Tangible fixed assets -€3,810
down €3,810 (-11.3%), from €33,733 to €29,923
of which Plant, machinery and equipment: -€3,593
- Trade debts -€20,745
down €20,745 (-64.7%), from €32,087 to €11,342
- Reserves +€9,855
up €9,855 (+431%), from €2,287 to €12,142
of which Distributable reserves: +€9,855
- Tax, wage and social debts -€9,103
down €9,103 (-72.8%), from €12,509 to €3,407
of which Taxes: -€6,575
- Other debts +€8,804
new in 2024: €8,804
- Purchases and services +€27,366
up €27,366 (+6.2%), from €440,368 to €467,734
- Gross operating margin +€22,360
up €22,360 (+54.2%), from €41,219 to €63,579
- Staff costs +€12,545
up €12,545 (+43.8%), from €28,611 to €41,156
- Depreciation +€1,654
up €1,654 (+32.5%), from €5,089 to €6,743
- Taxes +€1,458
up €1,458 (+98.7%), from €1,478 to €2,936
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 | €111,293 | €100,201 | -€11,092 | -10.0% |
| Fixed assets | 21/28 | €33,733 | €29,923 | -€3,810 | -11.3% |
| Tangible fixed assets | 22/27 | €33,733 | €29,923 | -€3,810 | -11.3% |
| Plant, machinery and equipment | 23 | €32,105 | €28,512 | -€3,593 | -11.2% |
| Furniture and vehicles | 24 | €1,628 | €1,411 | -€217 | -13.3% |
| Current assets | 29/58 | €77,560 | €70,278 | -€7,282 | -9.4% |
| Amounts receivable within one year | 40/41 | €43,232 | €27,546 | -€15,686 | -36.3% |
| Trade receivables | 40 | €18,965 | €713 | -€18,252 | -96.2% |
| Other amounts receivable | 41 | €24,267 | €26,833 | +€2,566 | +10.6% |
| Cash at bank and in hand | 54/58 | €34,328 | €42,634 | +€8,307 | +24.2% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €111,293 | €100,201 | -€11,092 | -10.0% |
| Equity | 10/15 | €66,697 | €76,649 | +€9,952 | +14.9% |
| Contributions | 10/11 | €17,060 | €17,060 | = | 0.0% |
| Reserves | 13 | €2,287 | €12,142 | +€9,855 | +431% |
| Non-distributable reserves | 130/1 | €551 | €551 | = | 0.0% |
| Reserves not available under the articles | 1311 | €551 | €551 | = | 0.0% |
| Distributable reserves | 133 | €1,736 | €11,591 | +€9,855 | +568% |
| Profit (loss) carried forward | 14 | €47,350 | €47,447 | +€98 | +0.2% |
| Amounts payable | 17/49 | €44,596 | €23,552 | -€21,044 | -47.2% |
| Amounts payable within one year | 42/48 | €44,596 | €23,552 | -€21,044 | -47.2% |
| Trade debts | 44 | €32,087 | €11,342 | -€20,745 | -64.7% |
| Suppliers | 440/4 | €32,087 | €11,342 | -€20,745 | -64.7% |
| Taxes, remuneration and social security | 45 | €12,509 | €3,407 | -€9,103 | -72.8% |
| Taxes | 450/3 | €9,529 | €2,955 | -€6,575 | -69.0% |
| Remuneration and social security | 454/9 | €2,980 | €452 | -€2,528 | -84.8% |
| Other amounts payable | 47/48 | - | €8,804 | +€8,804 | |
| Goods, raw materials, services and sundry goods | 60/61 | €440,368 | €467,734 | +€27,366 | +6.2% |
| Remuneration, social security and pensions | 62 | €28,611 | €41,156 | +€12,545 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,089 | €6,743 | +€1,654 | +32.5% |
| Other operating charges | 640/8 | €1,514 | €2,526 | +€1,012 | +66.9% |
| Gross operating margin | 9900 | €41,219 | €63,579 | +€22,360 | +54.2% |
| Operating profit (loss) | 9901 | €6,005 | €13,154 | +€7,149 | +119% |
| Financial income | 75/76B | €1,241 | €20 | -€1,221 | -98.4% |
| Recurring financial income | 75 | €1,241 | €20 | -€1,221 | -98.4% |
| Financial charges | 65/66B | €325 | €286 | -€38 | -11.8% |
| Recurring financial charges | 65 | €325 | €286 | -€38 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €6,921 | €12,888 | +€5,967 | +86.2% |
| Income taxes | 67/77 | €1,478 | €2,936 | +€1,458 | +98.7% |
| Profit (loss) for the period | 9904 | €5,444 | €9,952 | +€4,509 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,444 | €9,952 | +€4,509 | +82.8% |
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 15 October 2026 via checked.be.