MZ Services: 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.
MZ Services
Largest movements
- Tangible fixed assets -€11,650
down €11,650 (-78.5%), from €14,837 to €3,186
of which Furniture and vehicles: -€9,712
- Receivables within one year +€10,940
up €10,940 (+6.7%), from €162,812 to €173,753
of which Other amounts receivable: +€16,456
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€50,295
up €50,295, from -€12,378 to €37,917
- Other operating charges +€43,551
up €43,551 (+73133.9%), from €60 to €43,611
- Financial income -€14,391
down €14,391 (-62.7%), from €22,956 to €8,565
of which Non-recurring financial income: -€11,975
- Depreciation -€11,640
down €11,640 (-81.1%), from €14,353 to €2,713
- Staff costs -€3,044
no longer reported in 2024 (was €3,044)
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,011 | €184,873 | -€2,138 | -1.1% |
| Fixed assets | 21/28 | €18,272 | €6,846 | -€11,425 | -62.5% |
| Tangible fixed assets | 22/27 | €14,837 | €3,186 | -€11,650 | -78.5% |
| Plant, machinery and equipment | 23 | €311 | €60 | -€250 | -80.6% |
| Furniture and vehicles | 24 | €11,151 | €1,439 | -€9,712 | -87.1% |
| Other tangible fixed assets | 26 | €3,375 | €1,687 | -€1,688 | -50.0% |
| Financial fixed assets | 28 | €3,435 | €3,660 | +€225 | +6.6% |
| Current assets | 29/58 | €168,739 | €178,027 | +€9,288 | +5.5% |
| Amounts receivable within one year | 40/41 | €162,812 | €173,753 | +€10,940 | +6.7% |
| Trade receivables | 40 | €25,890 | €20,374 | -€5,515 | -21.3% |
| Other amounts receivable | 41 | €136,923 | €153,379 | +€16,456 | +12.0% |
| Cash at bank and in hand | 54/58 | €5,927 | €4,274 | -€1,653 | -27.9% |
| Total equity and liabilities | 10/49 | €187,011 | €184,873 | -€2,138 | -1.1% |
| Equity | 10/15 | €39,699 | €39,699 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,299 | €27,299 | = | 0.0% |
| Amounts payable | 17/49 | €147,312 | €145,174 | -€2,138 | -1.5% |
| Amounts payable after more than one year | 17 | €134,777 | €134,777 | = | 0.0% |
| Financial debts | 170/4 | €134,777 | €134,777 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,535 | €10,397 | -€2,138 | -17.1% |
| Trade debts | 44 | €11,164 | €10,295 | -€870 | -7.8% |
| Suppliers | 440/4 | €11,164 | €10,295 | -€870 | -7.8% |
| Taxes, remuneration and social security | 45 | €1,371 | €103 | -€1,268 | -92.5% |
| Taxes | 450/3 | €1,371 | €103 | -€1,268 | -92.5% |
| Remuneration, social security and pensions | 62 | €3,044 | - | -€3,044 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,353 | €2,713 | -€11,640 | -81.1% |
| Other operating charges | 640/8 | €60 | €43,611 | +€43,551 | +73133.9% |
| Non-recurring operating charges | 66A | €166 | - | -€166 | |
| Gross operating margin | 9900 | -€12,378 | €37,917 | +€50,295 | |
| Operating profit (loss) | 9901 | -€30,001 | -€8,407 | +€21,595 | +72.0% |
| Financial income | 75/76B | €22,956 | €8,565 | -€14,391 | -62.7% |
| Recurring financial income | 75 | €10,980 | €8,565 | -€2,416 | -22.0% |
| Non-recurring financial income | 76B | €11,975 | - | -€11,975 | |
| Financial charges | 65/66B | €606 | €158 | -€448 | -73.9% |
| Recurring financial charges | 65 | €606 | €158 | -€448 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,652 | - | +€7,652 | |
| Profit (loss) for the period | 9904 | -€7,652 | - | +€7,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,652 | - | +€7,652 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.