M.B. INVEST: what changed
M.B. INVEST
Largest movements
- Tangible fixed assets -€32,160
down €32,160 (-4.3%), from €743,836 to €711,676
of which Land and buildings: -€31,607
- Cash +€10,232
up €10,232 (+184%), from €5,570 to €15,802
mainly Depreciation (+€32,160) and Net result for the year (+€15,267)
- Other debts -€36,000
down €36,000 (-11.4%), from €314,727 to €278,727
- Profit (loss) carried forward +€15,267
up €15,267 (+9.6%), from -€159,575 to -€144,308
- Gross operating margin +€3,802
up €3,802 (+8.7%), from €43,775 to €47,577
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €751,328 | €730,433 | -€20,895 | -2.8% |
| Fixed assets | 21/28 | €743,836 | €711,676 | -€32,160 | -4.3% |
| Tangible fixed assets | 22/27 | €743,836 | €711,676 | -€32,160 | -4.3% |
| Land and buildings | 22 | €741,929 | €710,322 | -€31,607 | -4.3% |
| Plant, machinery and equipment | 23 | €1,907 | €1,354 | -€553 | -29.0% |
| Current assets | 29/58 | €7,492 | €18,757 | +€11,265 | +150% |
| Amounts receivable within one year | 40/41 | - | €997 | +€997 | |
| Trade receivables | 40 | - | €997 | +€997 | |
| Cash at bank and in hand | 54/58 | €5,570 | €15,802 | +€10,232 | +184% |
| Deferred charges and accrued income | 490/1 | €1,922 | €1,958 | +€36 | +1.9% |
| Total equity and liabilities | 10/49 | €751,328 | €730,433 | -€20,895 | -2.8% |
| Equity | 10/15 | €426,425 | €441,692 | +€15,267 | +3.6% |
| Contributions | 10/11 | €586,000 | €586,000 | = | 0.0% |
| Capital | 10 | €586,000 | €586,000 | = | 0.0% |
| Issued capital | 100 | €586,000 | €586,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,575 | -€144,308 | +€15,267 | +9.6% |
| Amounts payable | 17/49 | €324,903 | €288,741 | -€36,162 | -11.1% |
| Amounts payable within one year | 42/48 | €315,393 | €278,952 | -€36,441 | -11.6% |
| Trade debts | 44 | €666 | €225 | -€441 | -66.2% |
| Suppliers | 440/4 | €666 | €225 | -€441 | -66.2% |
| Other amounts payable | 47/48 | €314,727 | €278,727 | -€36,000 | -11.4% |
| Accrued charges and deferred income | 492/3 | €9,510 | €9,789 | +€279 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,326 | €32,160 | -€166 | -0.5% |
| Gross operating margin | 9900 | €43,775 | €47,577 | +€3,802 | +8.7% |
| Operating profit (loss) | 9901 | €11,449 | €15,417 | +€3,968 | +34.7% |
| Financial charges | 65/66B | €120 | €150 | +€30 | +25.0% |
| Recurring financial charges | 65 | €120 | €150 | +€30 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €11,329 | €15,267 | +€3,938 | +34.8% |
| Profit (loss) for the period | 9904 | €11,329 | €15,267 | +€3,938 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,329 | €15,267 | +€3,938 | +34.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.