mvgmvr: 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.
mvgmvr
Largest movements
- Receivables within one year +€66,348
up €66,348 (+244.3%), from €27,154 to €93,502
of which Other amounts receivable: +€67,691
- Tangible fixed assets -€17,660
down €17,660 (-76.2%), from €23,186 to €5,526
of which Furniture and vehicles: -€12,204
- Intangible fixed assets -€11,245
no longer reported in 2024 (was €11,245)
- Deferred charges and accrued income +€4,709
new in 2024: €4,709
- Cash -€3,741
down €3,741 (-81.6%), from €4,583 to €842
- Reserves +€47,574
up €47,574 (+182.2%), from €26,117 to €73,691
- Trade debts +€23,055
up €23,055 (+244.4%), from €9,435 to €32,490
- Tax, wage and social debts -€19,210
down €19,210 (-98.3%), from €19,533 to €323
of which Taxes: -€18,935
- Debts after one year -€6,204
no longer reported in 2024 (was €6,204)
- Current portion of long-term debt -€5,659
no longer reported in 2024 (was €5,659)
- Taxes +€20,523
up €20,523 (+299.8%), from €6,847 to €27,369
- Gross operating margin -€12,314
down €12,314 (-27.8%), from €44,300 to €31,986
- Financial income +€3,629
up €3,629 (+2540.1%), from €143 to €3,772
- Depreciation +€2,124
up €2,124 (+23.7%), from €8,949 to €11,073
- Other operating charges -€992
down €992 (-52.2%), from €1,900 to €908
From the 2021 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,347 | €107,504 | +€39,156 | +57.3% |
| Fixed assets | 21/28 | €34,430 | €5,526 | -€28,905 | -84.0% |
| Intangible fixed assets | 21 | €11,245 | - | -€11,245 | |
| Tangible fixed assets | 22/27 | €23,186 | €5,526 | -€17,660 | -76.2% |
| Plant, machinery and equipment | 23 | €3,082 | €446 | -€2,636 | -85.5% |
| Furniture and vehicles | 24 | €16,272 | €4,068 | -€12,204 | -75.0% |
| Other tangible fixed assets | 26 | €3,832 | €1,012 | -€2,820 | -73.6% |
| Current assets | 29/58 | €33,917 | €101,978 | +€68,061 | +200.7% |
| Stocks and contracts in progress | 3 | €2,179 | €2,926 | +€746 | +34.2% |
| Stocks | 30/36 | €2,179 | €2,926 | +€746 | +34.2% |
| Amounts receivable within one year | 40/41 | €27,154 | €93,502 | +€66,348 | +244.3% |
| Trade receivables | 40 | €22,601 | €21,257 | -€1,344 | -5.9% |
| Other amounts receivable | 41 | €4,553 | €72,244 | +€67,691 | +1486.7% |
| Cash at bank and in hand | 54/58 | €4,583 | €842 | -€3,741 | -81.6% |
| Deferred charges and accrued income | 490/1 | - | €4,709 | +€4,709 | |
| Total equity and liabilities | 10/49 | €68,347 | €107,504 | +€39,156 | +57.3% |
| Equity | 10/15 | €27,117 | €74,691 | +€47,574 | +175.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,117 | €73,691 | +€47,574 | +182.2% |
| Distributable reserves | 133 | €26,117 | €73,691 | +€47,574 | +182.2% |
| Amounts payable | 17/49 | €41,230 | €32,813 | -€8,417 | -20.4% |
| Amounts payable after more than one year | 17 | €6,204 | - | -€6,204 | |
| Financial debts | 170/4 | €6,204 | - | -€6,204 | |
| Amounts payable within one year | 42/48 | €34,626 | €32,813 | -€1,813 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €5,659 | - | -€5,659 | |
| Trade debts | 44 | €9,435 | €32,490 | +€23,055 | +244.4% |
| Suppliers | 440/4 | €9,435 | €32,490 | +€23,055 | +244.4% |
| Taxes, remuneration and social security | 45 | €19,533 | €323 | -€19,210 | -98.3% |
| Taxes | 450/3 | €19,258 | €323 | -€18,935 | -98.3% |
| Remuneration and social security | 454/9 | €275 | - | -€275 | |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,949 | €11,073 | +€2,124 | +23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €586 | +€586 | |
| Other operating charges | 640/8 | €1,900 | €908 | -€992 | -52.2% |
| Gross operating margin | 9900 | €44,300 | €31,986 | -€12,314 | -27.8% |
| Operating profit (loss) | 9901 | €33,451 | €19,419 | -€14,032 | -41.9% |
| Financial income | 75/76B | €143 | €3,772 | +€3,629 | +2540.1% |
| Recurring financial income | 75 | €143 | €3,772 | +€3,629 | +2540.1% |
| Financial charges | 65/66B | €630 | €437 | -€193 | -30.7% |
| Recurring financial charges | 65 | €630 | €437 | -€193 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €32,964 | €22,755 | -€10,209 | -31.0% |
| Income taxes | 67/77 | €6,847 | €27,369 | +€20,523 | +299.8% |
| Profit (loss) for the period | 9904 | €26,117 | -€4,615 | -€30,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,117 | -€4,615 | -€30,732 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.