MUSMAK: what changed
What changed
MUSMAK
NACE 47.210, Retail sale of fruit and vegetables
filed annual accounts (NBB)
Net result for the year
€9,789
2023 · €10,465-€675
Equity
€12,487
2023 · €2,698+€9,789
Cash
€1,749
2023 · €924+€825
Balance sheet total
€87,784
2023 · €83,505+€4,279
Largest movements
Assets
- Receivables within one year +€13,007
up €13,007 (+7,055%), from €184 to €13,191
of which Other amounts receivable: +€9,367
- Tangible fixed assets -€9,521
down €9,521 (-15.7%), from €60,485 to €50,964
of which Furniture and vehicles: -€7,100
- Deferred charges and accrued income -€2,917
down €2,917 (-75.3%), from €3,877 to €959
- Stocks and contracts +€2,886
up €2,886 (+22.3%), from €12,935 to €15,821
Equity and liabilities
- Trade debts -€10,953
down €10,953 (-31.7%), from €34,567 to €23,614
of which Suppliers: -€19,746
- Profit (loss) carried forward +€9,789
up €9,789 (+61.3%), from -€15,967 to -€6,177
- Debts after one year -€9,225
down €9,225 (-27.1%), from €34,071 to €24,845
- Advances received +€6,607
new in 2024: €6,607
- Tax, wage and social debts +€6,200
up €6,200 (+396%), from €1,566 to €7,766
of which Remuneration and social security: +€6,200
Income statement
- Turnover -€81,457
down €81,457 (-11.0%), from €742,638 to €661,182
- Purchases and services -€78,773
down €78,773 (-11.0%), from €717,542 to €638,768
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€10,465
Gross operating margin
-€2,683
Depreciation
+€0
Other operating charges
-€86
Other operating items
+€2,666
Financial income
+€0
Financial charges
-€573
Result 2024
€9,789
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,428
Investment
€0
Financing
-€10,603
Cash 2023
€924
From operations (derived)
+€11,428
Net result for the year
+€9,789
Depreciation
+€9,521
Stocks and contracts
-€2,886
Receivables within one year
-€13,007
Deferred charges and accrued income
+€2,917
Trade debts
-€10,953
Tax, wage and social debts
+€6,200
Advances received
+€6,607
Other debts
+€3,239
Financing
-€10,603
Debts after one year
-€9,225
Current portion of long-term debt
-€1,378
Cash 2024
€1,749
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,505 | €87,784 | +€4,279 | +5.1% |
| Fixed assets | 21/28 | €65,585 | €56,064 | -€9,521 | -14.5% |
| Tangible fixed assets | 22/27 | €60,485 | €50,964 | -€9,521 | -15.7% |
| Plant, machinery and equipment | 23 | €42,785 | €40,364 | -€2,421 | -5.7% |
| Furniture and vehicles | 24 | €17,700 | €10,600 | -€7,100 | -40.1% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €17,920 | €31,720 | +€13,800 | +77.0% |
| Stocks and contracts in progress | 3 | €12,935 | €15,821 | +€2,886 | +22.3% |
| Stocks | 30/36 | €12,935 | €15,821 | +€2,886 | +22.3% |
| Amounts receivable within one year | 40/41 | €184 | €13,191 | +€13,007 | +7,055% |
| Trade receivables | 40 | - | €3,640 | +€3,640 | |
| Other amounts receivable | 41 | €184 | €9,551 | +€9,367 | +5,081% |
| Cash at bank and in hand | 54/58 | €924 | €1,749 | +€825 | +89.3% |
| Deferred charges and accrued income | 490/1 | €3,877 | €959 | -€2,917 | -75.3% |
| Total equity and liabilities | 10/49 | €83,505 | €87,784 | +€4,279 | +5.1% |
| Equity | 10/15 | €2,698 | €12,487 | +€9,789 | +363% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64 | €64 | = | 0.0% |
| Non-distributable reserves | 130/1 | €64 | €64 | = | 0.0% |
| Legal reserve | 130 | €64 | €64 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,967 | -€6,177 | +€9,789 | +61.3% |
| Amounts payable | 17/49 | €80,807 | €75,297 | -€5,510 | -6.8% |
| Amounts payable after more than one year | 17 | €34,071 | €24,845 | -€9,225 | -27.1% |
| Financial debts | 170/4 | €34,071 | €24,845 | -€9,225 | -27.1% |
| Amounts payable within one year | 42/48 | €46,737 | €50,452 | +€3,715 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €10,603 | €9,225 | -€1,378 | -13.0% |
| Trade debts | 44 | €34,567 | €23,614 | -€10,953 | -31.7% |
| Suppliers | 440/4 | €34,567 | €14,822 | -€19,746 | -57.1% |
| Bills of exchange payable | 441 | - | €8,793 | +€8,793 | |
| Advances received on contracts in progress | 46 | - | €6,607 | +€6,607 | |
| Taxes, remuneration and social security | 45 | €1,566 | €7,766 | +€6,200 | +396% |
| Taxes | 450/3 | €1,380 | €1,380 | = | 0.0% |
| Remuneration and social security | 454/9 | €186 | €6,386 | +€6,200 | +3,332% |
| Other amounts payable | 47/48 | - | €3,239 | +€3,239 | |
| Turnover | 70 | €742,638 | €661,182 | -€81,457 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €717,542 | €638,768 | -€78,773 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,521 | €9,521 | -€0 | 0.0% |
| Other operating charges | 640/8 | €429 | €514 | +€86 | +20.0% |
| Non-recurring operating charges | 66A | €2,912 | €246 | -€2,666 | -91.6% |
| Gross operating margin | 9900 | €25,097 | €22,413 | -€2,683 | -10.7% |
| Operating profit (loss) | 9901 | €12,235 | €12,132 | -€103 | -0.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +57.1% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +57.1% |
| Financial charges | 65/66B | €1,770 | €2,343 | +€573 | +32.4% |
| Recurring financial charges | 65 | €1,770 | €2,343 | +€573 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €10,465 | €9,789 | -€675 | -6.5% |
| Profit (loss) for the period | 9904 | €10,465 | €9,789 | -€675 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,465 | €9,789 | -€675 | -6.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.