MW MOTORS: 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.
MW MOTORS
Largest movements
- Stocks and contracts +€69,794
up €69,794 (+179%), from €39,038 to €108,832
- Cash -€8,352
down €8,352 (-74.5%), from €11,209 to €2,858
mainly Stocks and contracts (-€69,794) and Net result for the year (-€13,589)
- Other debts +€56,839
up €56,839 (+140%), from €40,603 to €97,442
- Profit (loss) carried forward -€13,589
down €13,589 (-173%), from -€7,838 to -€21,427
- Trade debts +€12,127
up €12,127 (+1,323%), from €917 to €13,044
- Tax, wage and social debts +€6,064
up €6,064 (+580%), from €1,046 to €7,110
of which Remuneration and social security: +€5,741
- Staff costs +€18,568
new in 2023: €18,568
- Gross operating margin +€2,790
up €2,790 (+78.3%), from €3,563 to €6,353
- Other operating charges +€215
up €215 (+28.8%), from €746 to €961
- Financial charges +€126
up €126 (+44.1%), from €287 to €413
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,248 | €111,690 | +€61,442 | +122% |
| Current assets | 29/58 | €50,248 | €111,690 | +€61,442 | +122% |
| Stocks and contracts in progress | 3 | €39,038 | €108,832 | +€69,794 | +179% |
| Stocks | 30/36 | €39,038 | €108,832 | +€69,794 | +179% |
| Cash at bank and in hand | 54/58 | €11,209 | €2,858 | -€8,352 | -74.5% |
| Total equity and liabilities | 10/49 | €50,248 | €111,690 | +€61,442 | +122% |
| Equity | 10/15 | €7,682 | -€5,907 | -€13,589 | |
| Contributions | 10/11 | €15,520 | €15,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,838 | -€21,427 | -€13,589 | -173% |
| Amounts payable | 17/49 | €42,565 | €117,596 | +€75,031 | +176% |
| Amounts payable within one year | 42/48 | €42,565 | €117,596 | +€75,031 | +176% |
| Trade debts | 44 | €917 | €13,044 | +€12,127 | +1,323% |
| Suppliers | 440/4 | €917 | €13,044 | +€12,127 | +1,323% |
| Taxes, remuneration and social security | 45 | €1,046 | €7,110 | +€6,064 | +580% |
| Taxes | 450/3 | €1,046 | €1,369 | +€323 | +30.9% |
| Remuneration and social security | 454/9 | - | €5,741 | +€5,741 | |
| Other amounts payable | 47/48 | €40,603 | €97,442 | +€56,839 | +140% |
| Remuneration, social security and pensions | 62 | - | €18,568 | +€18,568 | |
| Other operating charges | 640/8 | €746 | €961 | +€215 | +28.8% |
| Gross operating margin | 9900 | €3,563 | €6,353 | +€2,790 | +78.3% |
| Operating profit (loss) | 9901 | €2,817 | -€13,175 | -€15,992 | |
| Financial charges | 65/66B | €287 | €413 | +€126 | +44.1% |
| Recurring financial charges | 65 | €287 | €413 | +€126 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €2,530 | -€13,589 | -€16,119 | |
| Profit (loss) for the period | 9904 | €2,530 | -€13,589 | -€16,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,530 | -€13,589 | -€16,119 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.