MZ MASSASSIS SOLUTIONS: 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 MASSASSIS SOLUTIONS
Largest movements
- Cash -€15,672
down €15,672 (-51.0%), from €30,705 to €15,033
mainly Net result for the year (-€8,469) and Investment in fixed assets (net) (-€7,811)
- Tangible fixed assets +€5,711
up €5,711 (+119%), from €4,790 to €10,501
- Receivables within one year -€631
down €631 (-33.8%), from €1,869 to €1,238
of which Other amounts receivable: -€1,738
- Profit (loss) carried forward -€8,469
down €8,469 (-26.6%), from €31,893 to €23,424
- Other debts -€1,573
down €1,573 (-48.6%), from €3,238 to €1,666
- Trade debts -€795
down €795 (-72.3%), from €1,099 to €305
- Gross operating margin +€4,343
up €4,343 (+41.3%), from -€10,527 to -€6,185
- Depreciation +€1,821
up €1,821 (+652%), from €279 to €2,100
- Taxes -€133
no longer reported in 2024 (was €133)
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 | €37,364 | €26,772 | -€10,592 | -28.3% |
| Fixed assets | 21/28 | €4,790 | €10,501 | +€5,711 | +119% |
| Tangible fixed assets | 22/27 | €4,790 | €10,501 | +€5,711 | +119% |
| Furniture and vehicles | 24 | €4,790 | €10,501 | +€5,711 | +119% |
| Current assets | 29/58 | €32,574 | €16,271 | -€16,304 | -50.1% |
| Amounts receivable within one year | 40/41 | €1,869 | €1,238 | -€631 | -33.8% |
| Trade receivables | 40 | €131 | €1,238 | +€1,107 | +847% |
| Other amounts receivable | 41 | €1,738 | - | -€1,738 | |
| Cash at bank and in hand | 54/58 | €30,705 | €15,033 | -€15,672 | -51.0% |
| Total equity and liabilities | 10/49 | €37,364 | €26,772 | -€10,592 | -28.3% |
| Equity | 10/15 | €32,893 | €24,424 | -€8,469 | -25.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,893 | €23,424 | -€8,469 | -26.6% |
| Amounts payable | 17/49 | €4,471 | €2,348 | -€2,123 | -47.5% |
| Amounts payable within one year | 42/48 | €4,471 | €2,348 | -€2,123 | -47.5% |
| Trade debts | 44 | €1,099 | €305 | -€795 | -72.3% |
| Suppliers | 440/4 | €1,099 | €305 | -€795 | -72.3% |
| Taxes, remuneration and social security | 45 | €133 | €377 | +€244 | +183% |
| Taxes | 450/3 | €133 | €377 | +€244 | +183% |
| Other amounts payable | 47/48 | €3,238 | €1,666 | -€1,573 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €2,100 | +€1,821 | +652% |
| Other operating charges | 640/8 | - | €30 | +€30 | |
| Gross operating margin | 9900 | -€10,527 | -€6,185 | +€4,343 | +41.3% |
| Operating profit (loss) | 9901 | -€10,807 | -€8,315 | +€2,492 | +23.1% |
| Financial income | 75/76B | €15 | €28 | +€14 | +92.8% |
| Recurring financial income | 75 | €15 | €28 | +€14 | +92.8% |
| Financial charges | 65/66B | €270 | €183 | -€87 | -32.2% |
| Recurring financial charges | 65 | €270 | €183 | -€87 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,062 | -€8,469 | +€2,592 | +23.4% |
| Income taxes | 67/77 | €133 | - | -€133 | |
| Profit (loss) for the period | 9904 | -€11,195 | -€8,469 | +€2,726 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,195 | -€8,469 | +€2,726 | +24.3% |
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 26 October 2026 via checked.be.