MUXAR CONSTRUCT: 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.
MUXAR CONSTRUCT
Largest movements
- Receivables within one year -€12,669
down €12,669 (-15.1%), from €83,994 to €71,325
of which Trade receivables: -€35,600
- Stocks and contracts +€9,047
up €9,047 (+21.3%), from €42,554 to €51,602
- Tangible fixed assets -€4,991
down €4,991 (-30.6%), from €16,323 to €11,332
of which Furniture and vehicles: -€5,686
- Trade debts -€39,894
down €39,894 (-60.6%), from €65,877 to €25,983
- Profit (loss) carried forward +€28,052
up €28,052, from -€9,747 to €18,305
- Short-term financial debts -€17,369
down €17,369 (-74.4%), from €23,334 to €5,965
- Debts after one year +€7,709
up €7,709 (+17.0%), from €45,413 to €53,122
- Tax, wage and social debts +€5,766
up €5,766 (+136.7%), from €4,219 to €9,985
of which Taxes: +€5,315
- Gross operating margin +€34,763
up €34,763 (+38.4%), from €90,581 to €125,345
- Staff costs -€32,657
down €32,657 (-30.2%), from €107,963 to €75,306
- Financial charges +€2,464
up €2,464 (+58.6%), from €4,203 to €6,667
- Taxes +€2,120
up €2,120 (+31.3%), from €6,772 to €8,892
- Depreciation -€1,654
down €1,654 (-19.2%), from €8,631 to €6,977
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 | €149,999 | €140,476 | -€9,524 | -6.3% |
| Fixed assets | 21/28 | €20,458 | €15,467 | -€4,991 | -24.4% |
| Tangible fixed assets | 22/27 | €16,323 | €11,332 | -€4,991 | -30.6% |
| Plant, machinery and equipment | 23 | €824 | €1,519 | +€695 | +84.3% |
| Furniture and vehicles | 24 | €15,499 | €9,813 | -€5,686 | -36.7% |
| Financial fixed assets | 28 | €4,135 | €4,135 | = | 0.0% |
| Current assets | 29/58 | €129,542 | €125,009 | -€4,533 | -3.5% |
| Stocks and contracts in progress | 3 | €42,554 | €51,602 | +€9,047 | +21.3% |
| Stocks | 30/36 | €42,554 | €51,602 | +€9,047 | +21.3% |
| Amounts receivable within one year | 40/41 | €83,994 | €71,325 | -€12,669 | -15.1% |
| Trade receivables | 40 | €65,606 | €30,007 | -€35,600 | -54.3% |
| Other amounts receivable | 41 | €18,388 | €41,318 | +€22,931 | +124.7% |
| Cash at bank and in hand | 54/58 | €1,726 | €1,726 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,268 | €357 | -€911 | -71.9% |
| Total equity and liabilities | 10/49 | €149,999 | €140,476 | -€9,524 | -6.3% |
| Equity | 10/15 | -€1,687 | €26,365 | +€28,052 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,747 | €18,305 | +€28,052 | |
| Amounts payable | 17/49 | €151,686 | €114,111 | -€37,575 | -24.8% |
| Amounts payable after more than one year | 17 | €45,413 | €53,122 | +€7,709 | +17.0% |
| Financial debts | 170/4 | €45,413 | €53,122 | +€7,709 | +17.0% |
| Amounts payable within one year | 42/48 | €105,954 | €60,989 | -€44,965 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €12,450 | €15,456 | +€3,006 | +24.1% |
| Financial debts | 43 | €23,334 | €5,965 | -€17,369 | -74.4% |
| Credit institutions | 430/8 | €23,334 | €5,965 | -€17,369 | -74.4% |
| Trade debts | 44 | €65,877 | €25,983 | -€39,894 | -60.6% |
| Suppliers | 440/4 | €65,877 | €25,983 | -€39,894 | -60.6% |
| Taxes, remuneration and social security | 45 | €4,219 | €9,985 | +€5,766 | +136.7% |
| Taxes | 450/3 | €4,219 | €9,533 | +€5,315 | +126.0% |
| Remuneration and social security | 454/9 | - | €451 | +€451 | |
| Other amounts payable | 47/48 | €74 | €3,600 | +€3,526 | +4736.8% |
| Accrued charges and deferred income | 492/3 | €319 | - | -€319 | |
| Remuneration, social security and pensions | 62 | €107,963 | €75,306 | -€32,657 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,631 | €6,977 | -€1,654 | -19.2% |
| Other operating charges | 640/8 | €1,537 | €1,438 | -€99 | -6.4% |
| Gross operating margin | 9900 | €90,581 | €125,345 | +€34,763 | +38.4% |
| Operating profit (loss) | 9901 | -€27,550 | €41,624 | +€69,174 | |
| Financial charges | 65/66B | €4,203 | €6,667 | +€2,464 | +58.6% |
| Recurring financial charges | 65 | €4,203 | €6,667 | +€2,464 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,754 | €34,956 | +€66,710 | |
| Income taxes | 67/77 | €6,772 | €8,892 | +€2,120 | +31.3% |
| Profit (loss) for the period | 9904 | -€38,526 | €26,064 | +€64,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,526 | €26,064 | +€64,590 |
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 29 September 2026 via checked.be.