MUYS 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.
MUYS CONSTRUCT
Largest movements
- Current investments +€170,000
new in 2024: €170,000
- Cash -€146,488
down €146,488 (-64.5%), from €227,047 to €80,559
mainly Contributions, distributions and other (-€325,500) and Current investments (-€170,000)
- Receivables within one year -€41,080
down €41,080 (-44.4%), from €92,420 to €51,340
of which Trade receivables: -€38,462
- Reserves -€326,500
down €326,500 (-69.6%), from €468,930 to €142,430
of which Distributable reserves: -€325,500
- Other debts +€307,555
up €307,555 (+10673.0%), from €2,882 to €310,437
- Tax, wage and social debts +€24,731
up €24,731 (+181.5%), from €13,628 to €38,359
of which Taxes: +€17,808
- Trade debts -€23,087
down €23,087 (-65.0%), from €35,536 to €12,449
- Gross operating margin -€41,195
down €41,195 (-30.5%), from €135,213 to €94,019
- Staff costs -€22,332
down €22,332 (-18.0%), from €123,931 to €101,599
- Financial income +€3,462
up €3,462 (+56.1%), from €6,174 to €9,636
- Taxes -€2,882
down €2,882 (-92.6%), from €3,111 to €230
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 | €601,296 | €579,168 | -€22,128 | -3.7% |
| Fixed assets | 21/28 | €249,046 | €248,510 | -€536 | -0.2% |
| Tangible fixed assets | 22/27 | €248,507 | €247,971 | -€536 | -0.2% |
| Land and buildings | 22 | €246,400 | €246,400 | = | 0.0% |
| Plant, machinery and equipment | 23 | €310 | €129 | -€181 | -58.5% |
| Furniture and vehicles | 24 | €1,796 | €1,442 | -€355 | -19.7% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €352,250 | €330,658 | -€21,592 | -6.1% |
| Stocks and contracts in progress | 3 | €30,531 | €25,875 | -€4,656 | -15.2% |
| Stocks | 30/36 | €30,531 | €25,875 | -€4,656 | -15.2% |
| Amounts receivable within one year | 40/41 | €92,420 | €51,340 | -€41,080 | -44.4% |
| Trade receivables | 40 | €72,248 | €33,786 | -€38,462 | -53.2% |
| Other amounts receivable | 41 | €20,171 | €17,554 | -€2,618 | -13.0% |
| Current investments | 50/53 | - | €170,000 | +€170,000 | |
| Cash at bank and in hand | 54/58 | €227,047 | €80,559 | -€146,488 | -64.5% |
| Deferred charges and accrued income | 490/1 | €2,253 | €2,884 | +€631 | +28.0% |
| Total equity and liabilities | 10/49 | €601,296 | €579,168 | -€22,128 | -3.7% |
| Equity | 10/15 | €549,251 | €217,924 | -€331,327 | -60.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €468,930 | €142,430 | -€326,500 | -69.6% |
| Non-distributable reserves | 130/1 | €18,750 | €17,750 | -€1,000 | -5.3% |
| Reserves not available under the articles | 1311 | €18,750 | €17,750 | -€1,000 | -5.3% |
| Distributable reserves | 133 | €450,180 | €124,680 | -€325,500 | -72.3% |
| Profit (loss) carried forward | 14 | €5,321 | €494 | -€4,827 | -90.7% |
| Amounts payable | 17/49 | €52,046 | €361,245 | +€309,199 | +594.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €52,046 | €361,245 | +€309,199 | +594.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €35,536 | €12,449 | -€23,087 | -65.0% |
| Suppliers | 440/4 | €35,536 | €12,449 | -€23,087 | -65.0% |
| Taxes, remuneration and social security | 45 | €13,628 | €38,359 | +€24,731 | +181.5% |
| Taxes | 450/3 | €4,186 | €21,995 | +€17,808 | +425.4% |
| Remuneration and social security | 454/9 | €9,441 | €16,364 | +€6,922 | +73.3% |
| Other amounts payable | 47/48 | €2,882 | €310,437 | +€307,555 | +10673.0% |
| Remuneration, social security and pensions | 62 | €123,931 | €101,599 | -€22,332 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,448 | €1,745 | -€703 | -28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,089 | €5,638 | +€549 | +10.8% |
| Gross operating margin | 9900 | €135,213 | €94,019 | -€41,195 | -30.5% |
| Operating profit (loss) | 9901 | €3,746 | -€14,962 | -€18,708 | |
| Financial income | 75/76B | €6,174 | €9,636 | +€3,462 | +56.1% |
| Recurring financial income | 75 | €6,174 | €9,636 | +€3,462 | +56.1% |
| Financial charges | 65/66B | €1,075 | €271 | -€804 | -74.8% |
| Recurring financial charges | 65 | €1,075 | €271 | -€804 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | €8,845 | -€5,598 | -€14,442 | |
| Income taxes | 67/77 | €3,111 | €230 | -€2,882 | -92.6% |
| Profit (loss) for the period | 9904 | €5,733 | -€5,827 | -€11,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,733 | -€5,827 | -€11,560 |
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 28 September 2026 via checked.be.