MASSIF Market Creation Program (M-MCP) - Financials
This year the Market Creation Platform financials are consolidated with the MASSIF figures. Below the financials for the accounts of the Market Creation Platform
Statement of financial position
At December 31
|
2024 |
|
|
Assets |
|
|
Banks |
715 |
|
Total assets |
715 |
|
Liabilities |
|
|
Current account with FMO |
358 |
|
Accrued liabilities |
2,950 |
|
Total liabilities |
3,308 |
|
Fund capital |
|
|
Contribution DGIS previous years |
- |
|
Contribution DGIS current year |
2,000 |
|
Total contribution DGIS |
2,000 |
|
Net profit / (loss) |
-4,593 |
|
Total fund capital |
-2,593 |
|
Total liabilities and fund capital |
715 |
|
Total subsidy allocated to MCP |
22,000 |
|
Total subsidy withdrawn from DGIS for MCP |
2,000 |
|
Total subidy available |
20,000 |
Statement of comprehensive income
At December 31
|
2024 |
|
|
Expenses |
|
|
Results from financial transactions |
-35 |
|
financing to projects |
-3,145 |
|
Staff Costs |
-1,281 |
|
Travel costs |
-59 |
|
Other direct costs |
-73 |
|
Total expenses |
-4,593 |
|
Total comprehensive income / (loss) |
-4,593 |
Statement of cash flows
At December 31
|
2024 |
|
|
Cash from operating activities |
|
|
Outflows |
|
|
Disbursements on grants |
-229 |
|
Staff costs |
-1,354 |
|
Other direct project costs |
-59 |
|
Other paid amounts |
-1 |
|
Net cash from operating activities |
-1,643 |
|
Cash flow financing activities |
|
|
Contribution DGIS current year |
2,000 |
|
Net cash from financing activities |
2,000 |
|
Net change in cash & cash equivalent |
357 |
|
Position of cash at January 1 |
- |
|
Foreign exchange translation |
- |
|
Position of cash at end of period |
357 |
Statement of changes in fund capital
|
Contributed Fund capital |
Translation reserve |
Other reserves |
Undistributed results previous years |
Net profit / (loss) |
Total fund capital |
|
|
Net balance at January 1, 2024 |
2,000 |
- |
- |
- |
- |
2,000 |
|
Transfer net profit/(loss) PY to Undistr. Results |
- |
- |
- |
- |
- |
- |
|
Results current year |
- |
- |
- |
- |
-4,593 |
-4,593 |
|
Net balance at December 31, 2024 |
2,000 |
- |
- |
- |
-4,593 |
-2,593 |