MY C&M: 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.
MY C&M
Largest movements
- Cash +€47,448
up €47,448 (+107%), from €44,244 to €91,692
mainly Receivables within one year (+€37,196) and Net result for the year (+€37,189)
- Receivables within one year -€37,196
down €37,196 (-17.6%), from €211,916 to €174,720
of which Trade receivables: -€58,322
- Tangible fixed assets -€15,044
down €15,044 (-4.6%), from €323,527 to €308,483
of which Land and buildings: -€11,864
- Reserves +€37,189
up €37,189 (+5.9%), from €631,355 to €668,544
of which Distributable reserves: +€39,049
- Short-term financial debts -€33,434
down €33,434 (-37.9%), from €88,280 to €54,846
- Debts after one year -€28,818
down €28,818 (-13.5%), from €213,097 to €184,279
- Tax, wage and social debts +€27,430
up €27,430 (+27.2%), from €100,710 to €128,140
- Gross operating margin -€39,807
down €39,807 (-25.3%), from €157,353 to €117,546
- Taxes -€17,888
down €17,888 (-45.8%), from €39,054 to €21,166
- Other operating charges +€7,899
up €7,899 (+165%), from €4,799 to €12,698
- Financial income -€5,943
down €5,943 (-93.1%), from €6,386 to €444
of which Financial income: -€5,943
- Staff costs +€5,724
new in 2024: €5,724
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.
Derived cash bridge
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 | €1,118,009 | €1,125,482 | +€7,472 | +0.7% |
| Fixed assets | 21/28 | €325,387 | €312,343 | -€13,044 | -4.0% |
| Tangible fixed assets | 22/27 | €323,527 | €308,483 | -€15,044 | -4.6% |
| Land and buildings | 22 | €293,585 | €281,722 | -€11,864 | -4.0% |
| Plant, machinery and equipment | 23 | €2,937 | €1,940 | -€997 | -34.0% |
| Furniture and vehicles | 24 | €27,004 | €24,821 | -€2,183 | -8.1% |
| Financial fixed assets | 28 | €1,860 | €3,860 | +€2,000 | +108% |
| Current assets | 29/58 | €792,622 | €813,139 | +€20,516 | +2.6% |
| Amounts receivable after more than one year | 29 | €505,953 | €515,088 | +€9,134 | +1.8% |
| Other amounts receivable | 291 | €505,953 | €515,088 | +€9,134 | +1.8% |
| Stocks and contracts in progress | 3 | €30,509 | €31,639 | +€1,130 | +3.7% |
| Stocks | 30/36 | €30,509 | €31,639 | +€1,130 | +3.7% |
| Amounts receivable within one year | 40/41 | €211,916 | €174,720 | -€37,196 | -17.6% |
| Trade receivables | 40 | €156,503 | €98,182 | -€58,322 | -37.3% |
| Other amounts receivable | 41 | €55,413 | €76,538 | +€21,125 | +38.1% |
| Cash at bank and in hand | 54/58 | €44,244 | €91,692 | +€47,448 | +107% |
| Total equity and liabilities | 10/49 | €1,118,009 | €1,125,482 | +€7,472 | +0.7% |
| Equity | 10/15 | €649,955 | €687,144 | +€37,189 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €631,355 | €668,544 | +€37,189 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €629,495 | €668,544 | +€39,049 | +6.2% |
| Amounts payable | 17/49 | €468,054 | €438,338 | -€29,716 | -6.3% |
| Amounts payable after more than one year | 17 | €213,097 | €184,279 | -€28,818 | -13.5% |
| Financial debts | 170/4 | €213,097 | €184,279 | -€28,818 | -13.5% |
| Amounts payable within one year | 42/48 | €254,825 | €248,959 | -€5,866 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €27,297 | €28,818 | +€1,520 | +5.6% |
| Financial debts | 43 | €88,280 | €54,846 | -€33,434 | -37.9% |
| Credit institutions | 430/8 | €88,280 | €54,846 | -€33,434 | -37.9% |
| Trade debts | 44 | €38,538 | €37,156 | -€1,382 | -3.6% |
| Suppliers | 440/4 | €38,538 | €37,156 | -€1,382 | -3.6% |
| Taxes, remuneration and social security | 45 | €100,710 | €128,140 | +€27,430 | +27.2% |
| Taxes | 450/3 | €100,710 | €128,140 | +€27,430 | +27.2% |
| Accrued charges and deferred income | 492/3 | €132 | €5,099 | +€4,967 | +3,761% |
| Remuneration, social security and pensions | 62 | - | €5,724 | +€5,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,251 | €19,305 | +€5,054 | +35.5% |
| Other operating charges | 640/8 | €4,799 | €12,698 | +€7,899 | +165% |
| Gross operating margin | 9900 | €157,353 | €117,546 | -€39,807 | -25.3% |
| Operating profit (loss) | 9901 | €138,303 | €79,819 | -€58,484 | -42.3% |
| Financial income | 75/76B | €6,386 | €444 | -€5,943 | -93.1% |
| Recurring financial income | 75 | €6,386 | €444 | -€5,943 | -93.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €19,093 | €21,908 | +€2,815 | +14.7% |
| Recurring financial charges | 65 | €19,093 | €21,908 | +€2,815 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €125,597 | €58,355 | -€67,242 | -53.5% |
| Income taxes | 67/77 | €39,054 | €21,166 | -€17,888 | -45.8% |
| Profit (loss) for the period | 9904 | €86,543 | €37,189 | -€49,354 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,543 | €37,189 | -€49,354 | -57.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.