M.B.C. ENGINEERING: 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.C. ENGINEERING
Largest movements
- Receivables within one year +€301,429
up €301,429 (+357%), from €84,411 to €385,840
of which Other amounts receivable: +€231,328
- Receivables after one year -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets +€10,593
up €10,593 (+10.4%), from €101,422 to €112,015
of which Furniture and vehicles: +€13,924
- Profit (loss) carried forward +€97,139
up €97,139 (+29.6%), from €327,891 to €425,030
- Tax, wage and social debts +€25,997
up €25,997 (+62.2%), from €41,816 to €67,813
- Trade debts -€9,803
down €9,803 (-66.0%), from €14,843 to €5,040
- Gross operating margin +€86,009
up €86,009 (+106%), from €81,327 to €167,336
- Taxes +€19,122
up €19,122 (+89.8%), from €21,296 to €40,418
- Depreciation +€10,592
up €10,592 (+59.9%), from €17,694 to €28,286
- Financial income -€10,517
no longer reported in 2025 (was €10,517)
of which Non-recurring financial income: -€10,449
- Financial charges -€6,063
down €6,063 (-98.4%), from €6,162 to €99
of which Non-recurring financial charges: -€4,719
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 | €431,546 | €544,879 | +€113,333 | +26.3% |
| Fixed assets | 21/28 | €101,422 | €112,015 | +€10,593 | +10.4% |
| Tangible fixed assets | 22/27 | €101,422 | €112,015 | +€10,593 | +10.4% |
| Land and buildings | 22 | €21,201 | €18,593 | -€2,608 | -12.3% |
| Plant, machinery and equipment | 23 | €39,027 | €38,304 | -€723 | -1.9% |
| Furniture and vehicles | 24 | €41,194 | €55,118 | +€13,924 | +33.8% |
| Current assets | 29/58 | €330,124 | €432,864 | +€102,740 | +31.1% |
| Amounts receivable after more than one year | 29 | €200,000 | - | -€200,000 | |
| Other amounts receivable | 291 | €200,000 | - | -€200,000 | |
| Amounts receivable within one year | 40/41 | €84,411 | €385,840 | +€301,429 | +357% |
| Trade receivables | 40 | €22,060 | €92,161 | +€70,101 | +318% |
| Other amounts receivable | 41 | €62,351 | €293,679 | +€231,328 | +371% |
| Cash at bank and in hand | 54/58 | €45,713 | €47,024 | +€1,311 | +2.9% |
| Total equity and liabilities | 10/49 | €431,546 | €544,879 | +€113,333 | +26.3% |
| Equity | 10/15 | €361,274 | €458,413 | +€97,139 | +26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,783 | €14,783 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,923 | €12,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327,891 | €425,030 | +€97,139 | +29.6% |
| Amounts payable | 17/49 | €70,272 | €86,466 | +€16,194 | +23.0% |
| Amounts payable within one year | 42/48 | €70,272 | €86,466 | +€16,194 | +23.0% |
| Trade debts | 44 | €14,843 | €5,040 | -€9,803 | -66.0% |
| Suppliers | 440/4 | €14,843 | €5,040 | -€9,803 | -66.0% |
| Advances received on contracts in progress | 46 | €13,613 | €13,613 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,816 | €67,813 | +€25,997 | +62.2% |
| Taxes | 450/3 | €41,816 | €67,813 | +€25,997 | +62.2% |
| Remuneration, social security and pensions | 62 | €568 | €253 | -€315 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,694 | €28,286 | +€10,592 | +59.9% |
| Other operating charges | 640/8 | €1,798 | €1,141 | -€657 | -36.5% |
| Gross operating margin | 9900 | €81,327 | €167,336 | +€86,009 | +106% |
| Operating profit (loss) | 9901 | €61,267 | €137,656 | +€76,389 | +125% |
| Financial income | 75/76B | €10,517 | - | -€10,517 | |
| Recurring financial income | 75 | €68 | - | -€68 | |
| Non-recurring financial income | 76B | €10,449 | - | -€10,449 | |
| Financial charges | 65/66B | €6,162 | €99 | -€6,063 | -98.4% |
| Recurring financial charges | 65 | €1,443 | €99 | -€1,344 | -93.1% |
| Non-recurring financial charges | 66B | €4,719 | - | -€4,719 | |
| Profit (loss) for the period before taxes | 9903 | €65,622 | €137,557 | +€71,935 | +110% |
| Income taxes | 67/77 | €21,296 | €40,418 | +€19,122 | +89.8% |
| Profit (loss) for the period | 9904 | €44,326 | €97,139 | +€52,813 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €44,326 | €97,139 | +€52,813 | +119% |
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 13 October 2026 via checked.be.