MZ GROUP: 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.
MZ GROUP
Largest movements
- Receivables within one year -€947
down €947 (-30.5%), from €3,101 to €2,154
of which Trade receivables: -€1,343
- Cash -€485
down €485 (-33.8%), from €1,435 to €950
mainly Net result for the year (-€7,067)
- Profit (loss) carried forward -€7,067
down €7,067 (-110%), from -€6,427 to -€13,494
- Trade debts +€4,903
up €4,903 (+61.4%), from €7,990 to €12,893
of which Suppliers: +€4,903
- Other debts +€726
up €726 (+12.4%), from €5,846 to €6,571
- Purchases and services -€26,924
no longer reported in 2023 (was €26,924)
- Turnover -€20,645
no longer reported in 2023 (was €20,645)
- Gross operating margin -€698
down €698 (-11.1%), from -€6,278 to -€6,976
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,436 | €9,004 | -€1,432 | -13.7% |
| Current assets | 29/58 | €10,436 | €9,004 | -€1,432 | -13.7% |
| Stocks and contracts in progress | 3 | €5,900 | €5,900 | = | 0.0% |
| Stocks | 30/36 | €5,900 | €5,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,101 | €2,154 | -€947 | -30.5% |
| Trade receivables | 40 | €3,050 | €1,707 | -€1,343 | -44.0% |
| Other amounts receivable | 41 | €51 | €448 | +€397 | +775% |
| Cash at bank and in hand | 54/58 | €1,435 | €950 | -€485 | -33.8% |
| Total equity and liabilities | 10/49 | €10,436 | €9,004 | -€1,432 | -13.7% |
| Equity | 10/15 | -€3,427 | -€10,494 | -€7,067 | -206% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,427 | -€13,494 | -€7,067 | -110% |
| Amounts payable | 17/49 | €13,863 | €19,499 | +€5,635 | +40.7% |
| Amounts payable within one year | 42/48 | €13,863 | €19,499 | +€5,635 | +40.7% |
| Financial debts | 43 | €27 | €34 | +€7 | +24.5% |
| Credit institutions | 430/8 | €27 | €34 | +€7 | +24.5% |
| Trade debts | 44 | €7,990 | €12,893 | +€4,903 | +61.4% |
| Suppliers | 440/4 | €4,783 | €9,687 | +€4,903 | +103% |
| Bills of exchange payable | 441 | €3,207 | €3,207 | = | 0.0% |
| Other amounts payable | 47/48 | €5,846 | €6,571 | +€726 | +12.4% |
| Turnover | 70 | €20,645 | - | -€20,645 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,924 | - | -€26,924 | |
| Gross operating margin | 9900 | -€6,278 | -€6,976 | -€698 | -11.1% |
| Operating profit (loss) | 9901 | -€6,278 | -€6,976 | -€698 | -11.1% |
| Financial income | 75/76B | €13 | €1 | -€12 | -91.0% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -91.0% |
| Financial charges | 65/66B | €162 | €92 | -€70 | -43.2% |
| Recurring financial charges | 65 | €162 | €92 | -€70 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,427 | -€7,067 | -€640 | -10.0% |
| Profit (loss) for the period | 9904 | -€6,427 | -€7,067 | -€640 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,427 | -€7,067 | -€640 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.