MY PROD: 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.
MY PROD
Largest movements
- Stocks and contracts +€207,560
up €207,560 (+58.0%), from €357,581 to €565,141
- Cash -€185,885
down €185,885 (-22.9%), from €810,745 to €624,860
mainly Stocks and contracts (-€207,560) and Contributions, distributions and other (-€74,720)
- Receivables after one year +€47,324
new in 2024: €47,324
- Receivables within one year +€39,971
up €39,971 (+8.2%), from €489,321 to €529,291
of which Trade receivables: +€59,837
- Short-term financial debts +€171,301
up €171,301 (+30.0%), from €570,365 to €741,665
- Reserves +€87,168
up €87,168 (+18.8%), from €464,849 to €552,017
of which Distributable reserves: +€87,168
- Trade debts -€61,116
down €61,116 (-60.3%), from €101,392 to €40,277
- Tax, wage and social debts -€58,790
down €58,790 (-84.4%), from €69,633 to €10,842
of which Taxes: -€44,400
- Other debts -€21,589
down €21,589 (-13.6%), from €158,481 to €136,892
- Gross operating margin -€125,242
down €125,242 (-19.6%), from €638,791 to €513,549
- Staff costs +€44,193
up €44,193 (+28.9%), from €152,857 to €197,050
- Taxes -€37,200
down €37,200 (-42.4%), from €87,800 to €50,600
- Financial charges -€34,030
down €34,030 (-31.7%), from €107,289 to €73,259
of which Non-recurring financial charges: -€27,500
- Depreciation +€9,087
up €9,087 (+51.1%), from €17,771 to €26,859
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 | €1,772,169 | €1,872,869 | +€100,700 | +5.7% |
| Fixed assets | 21/28 | €77,297 | €60,972 | -€16,324 | -21.1% |
| Intangible fixed assets | 21 | €33,701 | €23,701 | -€10,000 | -29.7% |
| Tangible fixed assets | 22/27 | €27,000 | €18,926 | -€8,074 | -29.9% |
| Plant, machinery and equipment | 23 | €361 | €261 | -€99 | -27.5% |
| Furniture and vehicles | 24 | €26,639 | €18,664 | -€7,975 | -29.9% |
| Financial fixed assets | 28 | €16,596 | €18,346 | +€1,750 | +10.5% |
| Current assets | 29/58 | €1,694,873 | €1,811,897 | +€117,024 | +6.9% |
| Amounts receivable after more than one year | 29 | - | €47,324 | +€47,324 | |
| Other amounts receivable | 291 | - | €47,324 | +€47,324 | |
| Stocks and contracts in progress | 3 | €357,581 | €565,141 | +€207,560 | +58.0% |
| Stocks | 30/36 | €357,581 | €565,141 | +€207,560 | +58.0% |
| Amounts receivable within one year | 40/41 | €489,321 | €529,291 | +€39,971 | +8.2% |
| Trade receivables | 40 | €374,851 | €434,688 | +€59,837 | +16.0% |
| Other amounts receivable | 41 | €114,470 | €94,603 | -€19,866 | -17.4% |
| Cash at bank and in hand | 54/58 | €810,745 | €624,860 | -€185,885 | -22.9% |
| Deferred charges and accrued income | 490/1 | €37,225 | €45,280 | +€8,055 | +21.6% |
| Total equity and liabilities | 10/49 | €1,772,169 | €1,872,869 | +€100,700 | +5.7% |
| Equity | 10/15 | €812,122 | €899,291 | +€87,168 | +10.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €464,849 | €552,017 | +€87,168 | +18.8% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,000 | €31,000 | = | 0.0% |
| Distributable reserves | 133 | €426,349 | €513,517 | +€87,168 | +20.4% |
| Profit (loss) carried forward | 14 | €272,274 | €272,274 | = | 0.0% |
| Amounts payable | 17/49 | €960,047 | €973,579 | +€13,532 | +1.4% |
| Amounts payable within one year | 42/48 | €944,871 | €969,676 | +€24,806 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €40,000 | -€5,000 | -11.1% |
| Financial debts | 43 | €570,365 | €741,665 | +€171,301 | +30.0% |
| Credit institutions | 430/8 | €570,365 | €741,665 | +€171,301 | +30.0% |
| Trade debts | 44 | €101,392 | €40,277 | -€61,116 | -60.3% |
| Suppliers | 440/4 | €101,392 | €40,277 | -€61,116 | -60.3% |
| Taxes, remuneration and social security | 45 | €69,633 | €10,842 | -€58,790 | -84.4% |
| Taxes | 450/3 | €44,400 | - | -€44,400 | |
| Remuneration and social security | 454/9 | €25,233 | €10,842 | -€14,390 | -57.0% |
| Other amounts payable | 47/48 | €158,481 | €136,892 | -€21,589 | -13.6% |
| Accrued charges and deferred income | 492/3 | €15,176 | €3,902 | -€11,274 | -74.3% |
| Remuneration, social security and pensions | 62 | €152,857 | €197,050 | +€44,193 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,771 | €26,859 | +€9,087 | +51.1% |
| Other operating charges | 640/8 | €914 | €5,713 | +€4,799 | +525.0% |
| Gross operating margin | 9900 | €638,791 | €513,549 | -€125,242 | -19.6% |
| Operating profit (loss) | 9901 | €467,249 | €283,927 | -€183,322 | -39.2% |
| Financial income | 75/76B | €594 | €1,820 | +€1,226 | +206.4% |
| Recurring financial income | 75 | €594 | €1,820 | +€1,226 | +206.4% |
| Financial charges | 65/66B | €107,289 | €73,259 | -€34,030 | -31.7% |
| Recurring financial charges | 65 | €107,289 | €100,759 | -€6,530 | -6.1% |
| Non-recurring financial charges | 66B | - | -€27,500 | -€27,500 | |
| Profit (loss) for the period before taxes | 9903 | €360,554 | €212,488 | -€148,065 | -41.1% |
| Income taxes | 67/77 | €87,800 | €50,600 | -€37,200 | -42.4% |
| Profit (loss) for the period | 9904 | €272,754 | €161,888 | -€110,866 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €272,754 | €161,888 | -€110,866 | -40.6% |
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 4 October 2026 via checked.be.