M.B. & I.: 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.
What changed
M.B. & I.
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€33,631
2024 · -€27,682-€5,949
Equity
€151,551
2024 · €185,182-€33,631
Cash
€4,016
2024 · €7,587-€3,571
Balance sheet total
€1.2m
2024 · €1.2m-€72,778
Largest movements
Assets
- Tangible fixed assets -€74,897
down €74,897 (-7.6%), from €991,008 to €916,111
Equity and liabilities
- Debts after one year -€123,901
down €123,901 (-20.6%), from €600,942 to €477,040
- Other debts +€72,093
up €72,093 (+21.5%), from €334,871 to €406,964
- Profit (loss) carried forward -€29,560
new in 2025: -€29,560
Income statement
- Staff costs +€33,129
new in 2025: €33,129
- Gross operating margin +€23,281
up €23,281 (+28.9%), from €80,516 to €103,797
- Financial charges -€4,008
down €4,008 (-15.1%), from €26,502 to €22,494
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.
Result 2024
-€27,682
Gross operating margin
+€23,281
Staff costs
-€33,129
Depreciation
-€2
Other operating charges
-€216
Financial income
+€108
Financial charges
+€4,008
Result 2025
-€33,631
raises the resultlowers the result
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.
From operations
+€124,174
Investment
-€5,532
Financing
-€122,214
Cash 2024
€7,587
From operations (derived)
+€124,174
Net result for the year
-€33,631
Depreciation
+€80,428
Receivables within one year
-€5,582
Deferred charges and accrued income
-€108
Trade debts
-€424
Tax, wage and social debts
+€10,400
Other debts
+€72,093
Accrued charges and deferred income
+€998
Investment (derived)
-€5,532
Investment in fixed assets (net)
-€5,532
Financing
-€122,214
Debts after one year
-€123,901
Current portion of long-term debt
+€1,688
Cash 2025
€4,016
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,248,655 | €1,175,876 | -€72,778 | -5.8% |
| Fixed assets | 21/28 | €991,008 | €916,111 | -€74,897 | -7.6% |
| Tangible fixed assets | 22/27 | €991,008 | €916,111 | -€74,897 | -7.6% |
| Land and buildings | 22 | €991,008 | €916,111 | -€74,897 | -7.6% |
| Current assets | 29/58 | €257,647 | €259,765 | +€2,118 | +0.8% |
| Amounts receivable within one year | 40/41 | €245,266 | €250,847 | +€5,582 | +2.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €245,266 | €250,847 | +€5,582 | +2.3% |
| Cash at bank and in hand | 54/58 | €7,587 | €4,016 | -€3,571 | -47.1% |
| Deferred charges and accrued income | 490/1 | €4,794 | €4,902 | +€108 | +2.3% |
| Total equity and liabilities | 10/49 | €1,248,655 | €1,175,876 | -€72,778 | -5.8% |
| Equity | 10/15 | €185,182 | €151,551 | -€33,631 | -18.2% |
| Contributions | 10/11 | €177,275 | €177,275 | = | 0.0% |
| Reserves | 13 | €7,907 | €3,837 | -€4,071 | -51.5% |
| Tax-exempt reserves | 132 | €3,837 | €3,837 | = | 0.0% |
| Distributable reserves | 133 | €4,071 | €0 | -€4,071 | -100% |
| Profit (loss) carried forward | 14 | - | -€29,560 | -€29,560 | |
| Amounts payable | 17/49 | €1,063,472 | €1,024,325 | -€39,147 | -3.7% |
| Amounts payable after more than one year | 17 | €600,942 | €477,040 | -€123,901 | -20.6% |
| Financial debts | 170/4 | €600,942 | €477,040 | -€123,901 | -20.6% |
| Amounts payable within one year | 42/48 | €460,244 | €544,000 | +€83,757 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €122,214 | €123,901 | +€1,688 | +1.4% |
| Trade debts | 44 | €1,034 | €610 | -€424 | -41.0% |
| Suppliers | 440/4 | €1,034 | €610 | -€424 | -41.0% |
| Taxes, remuneration and social security | 45 | €2,125 | €12,525 | +€10,400 | +489% |
| Taxes | 450/3 | €0 | €927 | +€927 | |
| Remuneration and social security | 454/9 | €2,125 | €11,598 | +€9,473 | +446% |
| Other amounts payable | 47/48 | €334,871 | €406,964 | +€72,093 | +21.5% |
| Accrued charges and deferred income | 492/3 | €2,287 | €3,285 | +€998 | +43.6% |
| Remuneration, social security and pensions | 62 | - | €33,129 | +€33,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,427 | €80,428 | +€2 | 0.0% |
| Other operating charges | 640/8 | €6,063 | €6,280 | +€216 | +3.6% |
| Gross operating margin | 9900 | €80,516 | €103,797 | +€23,281 | +28.9% |
| Operating profit (loss) | 9901 | -€5,974 | -€16,039 | -€10,065 | -168% |
| Financial income | 75/76B | €4,794 | €4,902 | +€108 | +2.3% |
| Recurring financial income | 75 | €4,794 | €4,902 | +€108 | +2.3% |
| Financial charges | 65/66B | €26,502 | €22,494 | -€4,008 | -15.1% |
| Recurring financial charges | 65 | €26,502 | €22,494 | -€4,008 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,682 | -€33,631 | -€5,949 | -21.5% |
| Profit (loss) for the period | 9904 | -€27,682 | -€33,631 | -€5,949 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,682 | -€33,631 | -€5,949 | -21.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.