M&B COLLECTION: 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 COLLECTION
Largest movements
- Cash -€9,411
down €9,411 (-54.8%), from €17,171 to €7,760
mainly Other debts (-€16,274)
- Stocks and contracts -€1,729
down €1,729 (-8.4%), from €20,684 to €18,955
- Tangible fixed assets -€582
down €582 (-17.7%), from €3,292 to €2,711
- Receivables within one year -€466
down €466 (-91.2%), from €511 to €45
of which Other amounts receivable: -€484
- Other debts -€16,274
down €16,274 (-63.7%), from €25,543 to €9,269
- Profit (loss) carried forward +€1,810
up €1,810 (+9.7%), from -€18,756 to -€16,945
- Tax, wage and social debts +€1,483
up €1,483 (+597%), from €248 to €1,731
- Trade debts +€793
up €793 (+5.2%), from €15,296 to €16,089
- Gross operating margin +€6,230
up €6,230, from -€1,489 to €4,741
- Write-downs -€1,407
down €1,407, from €1,022 to -€385
- Taxes +€735
up €735 (+296%), from €248 to €983
- Depreciation -€497
down €497 (-46.1%), from €1,078 to €582
- Other operating charges +€182
up €182 (+13.2%), from €1,381 to €1,564
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 | €42,258 | €30,070 | -€12,187 | -28.8% |
| Fixed assets | 21/28 | €3,892 | €3,311 | -€582 | -14.9% |
| Tangible fixed assets | 22/27 | €3,292 | €2,711 | -€582 | -17.7% |
| Furniture and vehicles | 24 | €3,292 | €2,711 | -€582 | -17.7% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €38,365 | €26,760 | -€11,606 | -30.3% |
| Stocks and contracts in progress | 3 | €20,684 | €18,955 | -€1,729 | -8.4% |
| Stocks | 30/36 | €20,684 | €18,955 | -€1,729 | -8.4% |
| Amounts receivable within one year | 40/41 | €511 | €45 | -€466 | -91.2% |
| Trade receivables | 40 | €27 | €45 | +€18 | +66.7% |
| Other amounts receivable | 41 | €484 | - | -€484 | |
| Cash at bank and in hand | 54/58 | €17,171 | €7,760 | -€9,411 | -54.8% |
| Total equity and liabilities | 10/49 | €42,258 | €30,070 | -€12,187 | -28.8% |
| Equity | 10/15 | €1,170 | €2,981 | +€1,810 | +155% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,326 | €1,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,326 | +€1,326 | |
| Reserves not available under the articles | 1311 | - | €1,326 | +€1,326 | |
| Distributable reserves | 133 | €1,326 | - | -€1,326 | |
| Profit (loss) carried forward | 14 | -€18,756 | -€16,945 | +€1,810 | +9.7% |
| Amounts payable | 17/49 | €41,087 | €27,090 | -€13,998 | -34.1% |
| Amounts payable within one year | 42/48 | €41,087 | €27,090 | -€13,998 | -34.1% |
| Trade debts | 44 | €15,296 | €16,089 | +€793 | +5.2% |
| Suppliers | 440/4 | €15,296 | €16,089 | +€793 | +5.2% |
| Taxes, remuneration and social security | 45 | €248 | €1,731 | +€1,483 | +597% |
| Taxes | 450/3 | €248 | €1,731 | +€1,483 | +597% |
| Other amounts payable | 47/48 | €25,543 | €9,269 | -€16,274 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,078 | €582 | -€497 | -46.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,022 | -€385 | -€1,407 | |
| Other operating charges | 640/8 | €1,381 | €1,564 | +€182 | +13.2% |
| Gross operating margin | 9900 | -€1,489 | €4,741 | +€6,230 | |
| Operating profit (loss) | 9901 | -€4,971 | €2,980 | +€7,951 | |
| Financial income | 75/76B | €5 | €11 | +€6 | +121% |
| Recurring financial income | 75 | €5 | €11 | +€6 | +121% |
| Financial charges | 65/66B | €106 | €197 | +€91 | +86.4% |
| Recurring financial charges | 65 | €106 | €197 | +€91 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,072 | €2,794 | +€7,865 | |
| Income taxes | 67/77 | €248 | €983 | +€735 | +296% |
| Profit (loss) for the period | 9904 | -€5,320 | €1,810 | +€7,130 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,320 | €1,810 | +€7,130 |
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 14 October 2026 via checked.be.