M.B.B.C.: 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.
M.B.B.C.
Largest movements
- Cash +€57,134
up €57,134 (+159%), from €35,943 to €93,076
mainly Receivables within one year (+€53,973) and Net result for the year (+€30,691)
- Receivables within one year -€53,973
down €53,973 (-81.2%), from €66,501 to €12,528
of which Trade receivables: -€66,501
- Tangible fixed assets +€14,669
up €14,669 (+559%), from €2,622 to €17,292
of which Plant, machinery and equipment: +€8,070
- Reserves +€30,000
up €30,000 (+42.9%), from €70,000 to €100,000
- Tax, wage and social debts -€11,130
down €11,130 (-75.0%), from €14,848 to €3,718
of which Taxes: -€9,130
- Other debts -€6,277
no longer reported in 2025 (was €6,277)
- Trade debts +€4,301
up €4,301 (+155%), from €2,779 to €7,080
- Gross operating margin -€65,133
down €65,133 (-59.5%), from €109,380 to €44,247
- Taxes -€19,013
down €19,013 (-64.5%), from €29,491 to €10,478
- Depreciation +€2,678
up €2,678 (+14,278%), from €19 to €2,697
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,400 | €122,985 | +€17,585 | +16.7% |
| Fixed assets | 21/28 | €2,622 | €17,292 | +€14,669 | +559% |
| Tangible fixed assets | 22/27 | €2,622 | €17,292 | +€14,669 | +559% |
| Plant, machinery and equipment | 23 | €2,622 | €10,692 | +€8,070 | +308% |
| Other tangible fixed assets | 26 | - | €6,599 | +€6,599 | |
| Current assets | 29/58 | €102,778 | €105,694 | +€2,916 | +2.8% |
| Amounts receivable within one year | 40/41 | €66,501 | €12,528 | -€53,973 | -81.2% |
| Trade receivables | 40 | €66,501 | - | -€66,501 | |
| Other amounts receivable | 41 | - | €12,528 | +€12,528 | |
| Cash at bank and in hand | 54/58 | €35,943 | €93,076 | +€57,134 | +159% |
| Deferred charges and accrued income | 490/1 | €334 | €89 | -€245 | -73.3% |
| Total equity and liabilities | 10/49 | €105,400 | €122,985 | +€17,585 | +16.7% |
| Equity | 10/15 | €81,497 | €112,188 | +€30,691 | +37.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €100,000 | +€30,000 | +42.9% |
| Distributable reserves | 133 | €70,000 | €100,000 | +€30,000 | +42.9% |
| Profit (loss) carried forward | 14 | €8,497 | €9,188 | +€691 | +8.1% |
| Amounts payable | 17/49 | €23,903 | €10,797 | -€13,106 | -54.8% |
| Amounts payable within one year | 42/48 | €23,903 | €10,797 | -€13,106 | -54.8% |
| Trade debts | 44 | €2,779 | €7,080 | +€4,301 | +155% |
| Suppliers | 440/4 | €2,779 | €7,080 | +€4,301 | +155% |
| Taxes, remuneration and social security | 45 | €14,848 | €3,718 | -€11,130 | -75.0% |
| Taxes | 450/3 | €12,848 | €3,718 | -€9,130 | -71.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €6,277 | - | -€6,277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €2,697 | +€2,678 | +14,278% |
| Other operating charges | 640/8 | €1,265 | €217 | -€1,048 | -82.9% |
| Gross operating margin | 9900 | €109,380 | €44,247 | -€65,133 | -59.5% |
| Operating profit (loss) | 9901 | €108,096 | €41,333 | -€66,763 | -61.8% |
| Financial charges | 65/66B | €108 | €164 | +€57 | +52.6% |
| Recurring financial charges | 65 | €108 | €164 | +€57 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €107,988 | €41,169 | -€66,819 | -61.9% |
| Income taxes | 67/77 | €29,491 | €10,478 | -€19,013 | -64.5% |
| Profit (loss) for the period | 9904 | €78,497 | €30,691 | -€47,807 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,497 | €30,691 | -€47,807 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.