Mx!Design: what changed
Mx!Design
Largest movements
- Receivables within one year +€29,652
up €29,652 (+21.1%), from €140,509 to €170,160
of which Trade receivables: +€21,697
- Tangible fixed assets -€4,574
down €4,574 (-48.9%), from €9,345 to €4,771
of which Furniture and vehicles: -€3,806
- Cash -€2,275
down €2,275 (-23.2%), from €9,821 to €7,546
mainly Receivables within one year (-€29,652) and Contributions, distributions and other (-€10,968)
- Tax, wage and social debts +€16,630
up €16,630 (+34.0%), from €48,892 to €65,522
of which Remuneration and social security: +€28,252
- Trade debts +€14,997
up €14,997 (+53.7%), from €27,933 to €42,930
- Investment grants -€10,968
no longer reported in 2024 (was €10,968)
- Profit (loss) carried forward +€6,047
up €6,047 (+31.0%), from €19,520 to €25,568
- Short-term financial debts -€2,842
down €2,842 (-58.4%), from €4,870 to €2,028
- Gross operating margin +€61,244
up €61,244 (+30.0%), from €204,066 to €265,311
- Staff costs +€19,866
up €19,866 (+8.8%), from €226,446 to €246,312
- Depreciation -€18,339
down €18,339 (-80.0%), from €22,913 to €4,574
- Other operating charges -€4,664
down €4,664 (-29.9%), from €15,597 to €10,932
- Financial income -€3,152
down €3,152 (-32.1%), from €9,821 to €6,669
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,916 | €223,107 | +€21,191 | +10.5% |
| Fixed assets | 21/28 | €20,752 | €16,178 | -€4,574 | -22.0% |
| Tangible fixed assets | 22/27 | €9,345 | €4,771 | -€4,574 | -48.9% |
| Furniture and vehicles | 24 | €7,850 | €4,044 | -€3,806 | -48.5% |
| Leasing and similar rights | 25 | €362 | - | -€362 | |
| Other tangible fixed assets | 26 | €1,133 | €727 | -€406 | -35.9% |
| Financial fixed assets | 28 | €11,407 | €11,407 | = | 0.0% |
| Current assets | 29/58 | €181,164 | €206,929 | +€25,765 | +14.2% |
| Stocks and contracts in progress | 3 | €30,834 | €28,964 | -€1,870 | -6.1% |
| Stocks | 30/36 | €30,834 | €28,964 | -€1,870 | -6.1% |
| Amounts receivable within one year | 40/41 | €140,509 | €170,160 | +€29,652 | +21.1% |
| Trade receivables | 40 | €31,836 | €53,533 | +€21,697 | +68.2% |
| Other amounts receivable | 41 | €108,673 | €116,628 | +€7,955 | +7.3% |
| Cash at bank and in hand | 54/58 | €9,821 | €7,546 | -€2,275 | -23.2% |
| Deferred charges and accrued income | 490/1 | - | €258 | +€258 | |
| Total equity and liabilities | 10/49 | €201,916 | €223,107 | +€21,191 | +10.5% |
| Equity | 10/15 | €117,547 | €112,626 | -€4,921 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,459 | €68,459 | = | 0.0% |
| Distributable reserves | 133 | €68,459 | €68,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,520 | €25,568 | +€6,047 | +31.0% |
| Investment grants | 15 | €10,968 | - | -€10,968 | |
| Amounts payable | 17/49 | €84,369 | €110,480 | +€26,111 | +30.9% |
| Amounts payable within one year | 42/48 | €81,695 | €110,480 | +€28,786 | +35.2% |
| Financial debts | 43 | €4,870 | €2,028 | -€2,842 | -58.4% |
| Credit institutions | 430/8 | €4,870 | €2,028 | -€2,842 | -58.4% |
| Trade debts | 44 | €27,933 | €42,930 | +€14,997 | +53.7% |
| Suppliers | 440/4 | €27,933 | €42,930 | +€14,997 | +53.7% |
| Taxes, remuneration and social security | 45 | €48,892 | €65,522 | +€16,630 | +34.0% |
| Taxes | 450/3 | €16,956 | €5,334 | -€11,622 | -68.5% |
| Remuneration and social security | 454/9 | €31,936 | €60,188 | +€28,252 | +88.5% |
| Accrued charges and deferred income | 492/3 | €2,674 | - | -€2,674 | |
| Remuneration, social security and pensions | 62 | €226,446 | €246,312 | +€19,866 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,913 | €4,574 | -€18,339 | -80.0% |
| Other operating charges | 640/8 | €15,597 | €10,932 | -€4,664 | -29.9% |
| Gross operating margin | 9900 | €204,066 | €265,311 | +€61,244 | +30.0% |
| Operating profit (loss) | 9901 | -€60,889 | €3,492 | +€64,381 | |
| Financial income | 75/76B | €9,821 | €6,669 | -€3,152 | -32.1% |
| Recurring financial income | 75 | €9,821 | €6,669 | -€3,152 | -32.1% |
| Financial charges | 65/66B | €735 | €3,763 | +€3,028 | +412% |
| Recurring financial charges | 65 | €735 | €3,763 | +€3,028 | +412% |
| Profit (loss) for the period before taxes | 9903 | -€51,804 | €6,397 | +€58,201 | |
| Income taxes | 67/77 | €946 | €350 | -€596 | -63.0% |
| Profit (loss) for the period | 9904 | -€52,749 | €6,047 | +€58,797 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,749 | €6,047 | +€58,797 |
Next steps
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 6 November 2026 via checked.be.