MZ & ASSOCIES: what changed
What changed
MZ & ASSOCIES
NACE 49.330, On-demand passenger transport by chauffeured vehicle
filed annual accounts (NBB)
Net result for the year
€105
2023 · €2,910-€2,804
Equity
€441,025
2023 · €440,919+€105
Cash
€2,093
2023 · €746+€1,347
Balance sheet total
€548,381
2023 · €548,491-€110
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€24,777
up €24,777 (+34.7%), from €71,379 to €96,156
- Trade debts -€17,153
down €17,153 (-83.6%), from €20,513 to €3,360
- Debts after one year -€15,680
no longer reported in 2024 (was €15,680)
- Tax, wage and social debts +€7,840
new in 2024: €7,840
Income statement
- Gross operating margin -€9,932
down €9,932 (-62.6%), from €15,871 to €5,939
- Other operating charges -€9,920
no longer reported in 2024 (was €9,920)
- Staff costs -€2,141
no longer reported in 2024 (was €2,141)
- Taxes -€847
no longer reported in 2024 (was €847)
- Depreciation +€521
new in 2024: €521
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€2,910
Gross operating margin
-€9,932
Staff costs
+€2,141
Depreciation
-€521
Other operating charges
+€9,920
Other operating items
-€5,123
Financial charges
-€137
Taxes
+€847
Result 2024
€105
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,027
Investment
€0
Financing
-€15,680
Cash 2023
€746
From operations (derived)
+€17,027
Net result for the year
+€105
Depreciation
+€521
Receivables within one year
+€936
Trade debts
-€17,153
Tax, wage and social debts
+€7,840
Other debts
+€24,777
Financing
-€15,680
Debts after one year
-€15,680
Cash 2024
€2,093
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,491 | €548,381 | -€110 | 0.0% |
| Fixed assets | 21/28 | €536,562 | €536,041 | -€521 | -0.1% |
| Tangible fixed assets | 22/27 | €1,562 | €1,041 | -€521 | -33.3% |
| Furniture and vehicles | 24 | €1,562 | €1,041 | -€521 | -33.3% |
| Financial fixed assets | 28 | €535,000 | €535,000 | = | 0.0% |
| Current assets | 29/58 | €11,929 | €12,339 | +€411 | +3.4% |
| Amounts receivable within one year | 40/41 | €11,182 | €10,246 | -€936 | -8.4% |
| Trade receivables | 40 | €11,182 | €10,246 | -€936 | -8.4% |
| Cash at bank and in hand | 54/58 | €746 | €2,093 | +€1,347 | +180% |
| Total equity and liabilities | 10/49 | €548,491 | €548,381 | -€110 | 0.0% |
| Equity | 10/15 | €440,919 | €441,025 | +€105 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €416,000 | €416,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,319 | €6,425 | +€105 | +1.7% |
| Amounts payable | 17/49 | €107,571 | €107,356 | -€216 | -0.2% |
| Amounts payable after more than one year | 17 | €15,680 | - | -€15,680 | |
| Financial debts | 170/4 | €15,680 | - | -€15,680 | |
| Amounts payable within one year | 42/48 | €91,891 | €107,356 | +€15,464 | +16.8% |
| Trade debts | 44 | €20,513 | €3,360 | -€17,153 | -83.6% |
| Suppliers | 440/4 | €20,513 | €3,360 | -€17,153 | -83.6% |
| Taxes, remuneration and social security | 45 | - | €7,840 | +€7,840 | |
| Taxes | 450/3 | - | €7,840 | +€7,840 | |
| Other amounts payable | 47/48 | €71,379 | €96,156 | +€24,777 | +34.7% |
| Remuneration, social security and pensions | 62 | €2,141 | - | -€2,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €521 | +€521 | |
| Other operating charges | 640/8 | €9,920 | - | -€9,920 | |
| Non-recurring operating charges | 66A | - | €5,123 | +€5,123 | |
| Gross operating margin | 9900 | €15,871 | €5,939 | -€9,932 | -62.6% |
| Operating profit (loss) | 9901 | €3,810 | €296 | -€3,514 | -92.2% |
| Financial charges | 65/66B | €53 | €190 | +€137 | +257% |
| Recurring financial charges | 65 | €53 | €190 | +€137 | +257% |
| Profit (loss) for the period before taxes | 9903 | €3,757 | €105 | -€3,651 | -97.2% |
| Income taxes | 67/77 | €847 | - | -€847 | |
| Profit (loss) for the period | 9904 | €2,910 | €105 | -€2,804 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,910 | €105 | -€2,804 | -96.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.