MYNSBREGA: 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.
MYNSBREGA
Largest movements
- Deferred charges and accrued income +€177,515
up €177,515 (+3,490%), from €5,086 to €182,601
- Receivables within one year -€140,466
down €140,466 (-57.2%), from €245,492 to €105,026
of which Other amounts receivable: -€142,262
- Receivables after one year +€50,000
new in 2024: €50,000
- Intangible fixed assets -€27,000
down €27,000 (-12.1%), from €223,175 to €196,175
- Tangible fixed assets +€22,069
up €22,069 (+18.5%), from €119,557 to €141,626
of which Plant, machinery and equipment: +€31,904
- Other debts +€90,919
up €90,919 (+61.2%), from €148,511 to €239,430
- Short-term financial debts -€48,179
down €48,179 (-97.4%), from €49,459 to €1,280
- Tax, wage and social debts +€30,602
up €30,602 (+42.1%), from €72,749 to €103,351
of which Remuneration and social security: +€29,008
- Debts after one year -€24,771
down €24,771 (-21.9%), from €113,273 to €88,502
- Trade debts +€18,872
up €18,872 (+18.2%), from €103,832 to €122,704
- Other operating charges -€16,376
down €16,376 (-42.3%), from €38,742 to €22,366
- Financial charges +€8,139
up €8,139 (+66.7%), from €12,200 to €20,339
- Depreciation +€5,035
up €5,035 (+12.7%), from €39,525 to €44,560
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 | €623,780 | €685,428 | +€61,648 | +9.9% |
| Fixed assets | 21/28 | €342,732 | €337,801 | -€4,931 | -1.4% |
| Intangible fixed assets | 21 | €223,175 | €196,175 | -€27,000 | -12.1% |
| Tangible fixed assets | 22/27 | €119,557 | €141,626 | +€22,069 | +18.5% |
| Plant, machinery and equipment | 23 | €33,573 | €65,477 | +€31,904 | +95.0% |
| Other tangible fixed assets | 26 | €85,984 | €76,149 | -€9,835 | -11.4% |
| Current assets | 29/58 | €281,048 | €347,627 | +€66,579 | +23.7% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Stocks and contracts in progress | 3 | €13,855 | €10,000 | -€3,855 | -27.8% |
| Stocks | 30/36 | €13,855 | €10,000 | -€3,855 | -27.8% |
| Amounts receivable within one year | 40/41 | €245,492 | €105,026 | -€140,466 | -57.2% |
| Trade receivables | 40 | - | €1,796 | +€1,796 | |
| Other amounts receivable | 41 | €245,492 | €103,230 | -€142,262 | -57.9% |
| Cash at bank and in hand | 54/58 | €16,615 | €0 | -€16,615 | -100% |
| Deferred charges and accrued income | 490/1 | €5,086 | €182,601 | +€177,515 | +3,490% |
| Total equity and liabilities | 10/49 | €623,780 | €685,428 | +€61,648 | +9.9% |
| Equity | 10/15 | €91,718 | €92,890 | +€1,172 | +1.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,718 | €42,890 | +€1,172 | +2.8% |
| Amounts payable | 17/49 | €532,062 | €592,538 | +€60,476 | +11.4% |
| Amounts payable after more than one year | 17 | €113,273 | €88,502 | -€24,771 | -21.9% |
| Financial debts | 170/4 | €113,273 | €88,502 | -€24,771 | -21.9% |
| Amounts payable within one year | 42/48 | €418,789 | €504,036 | +€85,247 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €24,276 | €24,771 | +€495 | +2.0% |
| Financial debts | 43 | €49,459 | €1,280 | -€48,179 | -97.4% |
| Credit institutions | 430/8 | €49,459 | €1,280 | -€48,179 | -97.4% |
| Trade debts | 44 | €103,832 | €122,704 | +€18,872 | +18.2% |
| Suppliers | 440/4 | €103,832 | €122,704 | +€18,872 | +18.2% |
| Advances received on contracts in progress | 46 | €19,962 | €12,500 | -€7,462 | -37.4% |
| Taxes, remuneration and social security | 45 | €72,749 | €103,351 | +€30,602 | +42.1% |
| Taxes | 450/3 | €45,044 | €46,638 | +€1,594 | +3.5% |
| Remuneration and social security | 454/9 | €27,705 | €56,713 | +€29,008 | +105% |
| Other amounts payable | 47/48 | €148,511 | €239,430 | +€90,919 | +61.2% |
| Non-recurring operating income | 76A | €40,000 | - | -€40,000 | |
| Remuneration, social security and pensions | 62 | €350,926 | €354,735 | +€3,809 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,525 | €44,560 | +€5,035 | +12.7% |
| Other operating charges | 640/8 | €38,742 | €22,366 | -€16,376 | -42.3% |
| Gross operating margin | 9900 | €444,018 | €444,186 | +€168 | 0.0% |
| Operating profit (loss) | 9901 | €14,825 | €22,526 | +€7,701 | +51.9% |
| Financial income | 75/76B | €689 | €221 | -€468 | -67.9% |
| Recurring financial income | 75 | €689 | €221 | -€468 | -67.9% |
| Financial charges | 65/66B | €12,200 | €20,339 | +€8,139 | +66.7% |
| Recurring financial charges | 65 | €12,200 | €20,339 | +€8,139 | +66.7% |
| Profit (loss) for the period before taxes | 9903 | €3,314 | €2,407 | -€907 | -27.4% |
| Income taxes | 67/77 | €57 | €1,235 | +€1,178 | +2,066% |
| Profit (loss) for the period | 9904 | €3,257 | €1,173 | -€2,084 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,257 | €1,173 | -€2,084 | -64.0% |
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 22 October 2026 via checked.be.