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My Muse: 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.

What changed

My Muse

BE 0848.136.821
NACE 90.120, Visual arts creation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€7,480
2023 · -€27,160+€19,680
Equity
-€46,246
2023 · -€38,765-€7,480
Cash
€15,095
2023 · €3,509+€11,586
Balance sheet total
€18,622
2023 · €3,509+€15,113

Largest movements

2023 to 2024
Assets
  • Cash +€11,586

    up €11,586 (+330%), from €3,509 to €15,095

    mainly Other debts (+€37,583)

  • Receivables within one year +€3,528

    new in 2024: €3,528

Equity and liabilities
  • Other debts +€37,583

    up €37,583 (+138%), from €27,285 to €64,868

  • Trade debts -€10,397

    no longer reported in 2024 (was €10,397)

  • Profit (loss) carried forward -€7,480

    down €7,480 (-14.6%), from -€51,165 to -€58,646

  • Tax, wage and social debts -€4,582

    no longer reported in 2024 (was €4,582)

Income statement
  • Gross operating margin +€19,319

    up €19,319 (+73.5%), from -€26,303 to -€6,983

  • Other operating charges -€331

    down €331 (-44.0%), from €752 to €421

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€27,160
Gross operating margin +€19,319
Other operating charges +€331
Financial income +€35
Financial charges -€5
Result 2024 -€7,480
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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.

From operations +€11,596
Investment €0
Financing -€10
Cash 2023 €3,509
Net result for the year -€7,480
Receivables within one year -€3,528
Trade debts -€10,397
Tax, wage and social debts -€4,582
Other debts +€37,583
Short-term financial debts -€10
Cash 2024 €15,095
brings cash intakes cash out
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €3,509 €18,622 +€15,113 +431%
Fixed assets 21/28 €0 €0 =
Tangible fixed assets 22/27 €0 €0 =
Furniture and vehicles 24 €0 €0 =
Current assets 29/58 €3,509 €18,622 +€15,113 +431%
Amounts receivable within one year 40/41 - €3,528 +€3,528
Trade receivables 40 - €3,528 +€3,528
Cash at bank and in hand 54/58 €3,509 €15,095 +€11,586 +330%
Total equity and liabilities 10/49 €3,509 €18,622 +€15,113 +431%
Equity 10/15 -€38,765 -€46,246 -€7,480 -19.3%
Contributions 10/11 €12,400 €12,400 = 0.0%
Profit (loss) carried forward 14 -€51,165 -€58,646 -€7,480 -14.6%
Amounts payable 17/49 €42,274 €64,868 +€22,594 +53.4%
Amounts payable within one year 42/48 €42,274 €64,868 +€22,594 +53.4%
Financial debts 43 €10 - -€10
Credit institutions 430/8 €10 - -€10
Trade debts 44 €10,397 - -€10,397
Suppliers 440/4 €10,397 - -€10,397
Taxes, remuneration and social security 45 €4,582 - -€4,582
Taxes 450/3 €4,582 - -€4,582
Other amounts payable 47/48 €27,285 €64,868 +€37,583 +138%
Other operating charges 640/8 €752 €421 -€331 -44.0%
Gross operating margin 9900 -€26,303 -€6,983 +€19,319 +73.5%
Operating profit (loss) 9901 -€27,055 -€7,405 +€19,650 +72.6%
Financial income 75/76B €0 €35 +€35 +172,800%
Recurring financial income 75 €0 €35 +€35 +172,800%
Financial charges 65/66B €105 €110 +€5 +5.0%
Recurring financial charges 65 €105 €110 +€5 +5.0%
Profit (loss) for the period before taxes 9903 -€27,160 -€7,480 +€19,680 +72.5%
Profit (loss) for the period 9904 -€27,160 -€7,480 +€19,680 +72.5%
Profit (loss) for the period to be appropriated 9905 -€27,160 -€7,480 +€19,680 +72.5%

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 19 October 2026 via checked.be.