M.B. - SERVICES: 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. - SERVICES
Largest movements
- Receivables after one year +€20,000
new in 2025: €20,000
- Receivables within one year -€4,935
down €4,935 (-45.7%), from €10,792 to €5,857
of which Other amounts receivable: -€3,174
- Cash -€2,985
down €2,985 (-11.3%), from €26,427 to €23,441
mainly Receivables after one year (-€20,000) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€2,364
down €2,364 (-35.1%), from €6,735 to €4,371
of which Land and buildings: -€2,186
- Other debts +€4,173
new in 2025: €4,173
- Tax, wage and social debts +€3,631
up €3,631 (+106.2%), from €3,420 to €7,052
- Reserves +€2,206
up €2,206 (+6.5%), from €33,879 to €36,085
of which Distributable reserves: +€2,206
- Write-downs +€2,611
no longer reported in 2025 (was -€2,611)
- Depreciation +€1,185
up €1,185 (+100.6%), from €1,179 to €2,364
- Gross operating margin +€1,185
up €1,185 (+5.4%), from €22,076 to €23,261
- Taxes -€821
down €821 (-9.6%), from €8,568 to €7,747
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.
Cash bridge derived
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 | €44,078 | €54,053 | +€9,975 | +22.6% |
| Fixed assets | 21/28 | €6,860 | €4,496 | -€2,364 | -34.5% |
| Tangible fixed assets | 22/27 | €6,735 | €4,371 | -€2,364 | -35.1% |
| Land and buildings | 22 | €6,557 | €4,371 | -€2,186 | -33.3% |
| Furniture and vehicles | 24 | €178 | - | -€178 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €37,218 | €49,557 | +€12,339 | +33.2% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €10,792 | €5,857 | -€4,935 | -45.7% |
| Trade receivables | 40 | €7,618 | €5,857 | -€1,761 | -23.1% |
| Other amounts receivable | 41 | €3,174 | - | -€3,174 | |
| Cash at bank and in hand | 54/58 | €26,427 | €23,441 | -€2,985 | -11.3% |
| Deferred charges and accrued income | 490/1 | - | €259 | +€259 | |
| Total equity and liabilities | 10/49 | €44,078 | €54,053 | +€9,975 | +22.6% |
| Equity | 10/15 | €40,079 | €42,285 | +€2,206 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,879 | €36,085 | +€2,206 | +6.5% |
| 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 | €32,019 | €34,225 | +€2,206 | +6.9% |
| Amounts payable | 17/49 | €3,999 | €11,768 | +€7,769 | +194.3% |
| Amounts payable within one year | 42/48 | €3,999 | €11,768 | +€7,769 | +194.3% |
| Trade debts | 44 | €579 | €543 | -€36 | -6.1% |
| Suppliers | 440/4 | €579 | €543 | -€36 | -6.1% |
| Taxes, remuneration and social security | 45 | €3,420 | €7,052 | +€3,631 | +106.2% |
| Taxes | 450/3 | €3,420 | €7,052 | +€3,631 | +106.2% |
| Other amounts payable | 47/48 | - | €4,173 | +€4,173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €2,364 | +€1,185 | +100.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,611 | - | +€2,611 | |
| Other operating charges | 640/8 | €779 | €804 | +€26 | +3.3% |
| Gross operating margin | 9900 | €22,076 | €23,261 | +€1,185 | +5.4% |
| Operating profit (loss) | 9901 | €22,730 | €20,093 | -€2,637 | -11.6% |
| Financial income | 75/76B | €220 | €344 | +€124 | +56.1% |
| Recurring financial income | 75 | €220 | €344 | +€124 | +56.1% |
| Financial charges | 65/66B | €422 | €483 | +€61 | +14.4% |
| Recurring financial charges | 65 | €422 | €483 | +€61 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €22,528 | €19,953 | -€2,575 | -11.4% |
| Income taxes | 67/77 | €8,568 | €7,747 | -€821 | -9.6% |
| Profit (loss) for the period | 9904 | €13,960 | €12,206 | -€1,754 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,960 | €12,206 | -€1,754 | -12.6% |
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 12 October 2026 via checked.be.