M.B. TAX: 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. TAX
Largest movements
- Receivables within one year -€6,439
down €6,439 (-62.0%), from €10,382 to €3,942
of which Trade receivables: -€6,439
- Cash -€4,106
down €4,106 (-10.2%), from €40,340 to €36,235
mainly Net result for the year (-€7,089) and Trade debts (-€5,582)
- Stocks and contracts -€2,368
down €2,368 (-18.6%), from €12,721 to €10,353
- Tangible fixed assets -€1,130
down €1,130 (-23.3%), from €4,850 to €3,720
of which Plant, machinery and equipment: -€1,506
- Deferred charges and accrued income +€984
up €984 (+29.7%), from €3,313 to €4,297
- Reserves -€8,642
down €8,642 (-52.6%), from €16,428 to €7,785
- Trade debts -€5,582
down €5,582 (-49.9%), from €11,190 to €5,608
- Profit (loss) carried forward +€1,554
up €1,554, from -€1,554 to €0
- Gross operating margin -€4,873
down €4,873 (-67.4%), from €7,235 to €2,362
- Other operating charges +€1,289
up €1,289 (+79.8%), from €1,616 to €2,905
- Taxes -€773
down €773 (-100%), from €773 to €0
- Depreciation +€140
up €140 (+4.2%), from €3,313 to €3,452
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 | €71,978 | €58,919 | -€13,059 | -18.1% |
| Fixed assets | 21/28 | €5,222 | €4,092 | -€1,130 | -21.6% |
| Tangible fixed assets | 22/27 | €4,850 | €3,720 | -€1,130 | -23.3% |
| Plant, machinery and equipment | 23 | €2,121 | €615 | -€1,506 | -71.0% |
| Furniture and vehicles | 24 | €87 | €1,784 | +€1,697 | +1,962% |
| Other tangible fixed assets | 26 | €2,643 | €1,322 | -€1,322 | -50.0% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €66,756 | €54,827 | -€11,929 | -17.9% |
| Stocks and contracts in progress | 3 | €12,721 | €10,353 | -€2,368 | -18.6% |
| Stocks | 30/36 | €12,721 | €10,353 | -€2,368 | -18.6% |
| Amounts receivable within one year | 40/41 | €10,382 | €3,942 | -€6,439 | -62.0% |
| Trade receivables | 40 | €10,296 | €3,856 | -€6,439 | -62.5% |
| Other amounts receivable | 41 | €86 | €86 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,340 | €36,235 | -€4,106 | -10.2% |
| Deferred charges and accrued income | 490/1 | €3,313 | €4,297 | +€984 | +29.7% |
| Total equity and liabilities | 10/49 | €71,978 | €58,919 | -€13,059 | -18.1% |
| Equity | 10/15 | €33,474 | €26,385 | -€7,089 | -21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,428 | €7,785 | -€8,642 | -52.6% |
| Distributable reserves | 133 | €16,428 | €7,785 | -€8,642 | -52.6% |
| Profit (loss) carried forward | 14 | -€1,554 | €0 | +€1,554 | |
| Amounts payable | 17/49 | €38,504 | €32,534 | -€5,970 | -15.5% |
| Amounts payable within one year | 42/48 | €38,504 | €32,534 | -€5,970 | -15.5% |
| Trade debts | 44 | €11,190 | €5,608 | -€5,582 | -49.9% |
| Suppliers | 440/4 | €11,190 | €5,608 | -€5,582 | -49.9% |
| Taxes, remuneration and social security | 45 | €5,267 | €5,520 | +€253 | +4.8% |
| Taxes | 450/3 | €5,267 | €5,520 | +€253 | +4.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,047 | €21,406 | -€641 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,313 | €3,452 | +€140 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,616 | €2,905 | +€1,289 | +79.8% |
| Gross operating margin | 9900 | €7,235 | €2,362 | -€4,873 | -67.4% |
| Operating profit (loss) | 9901 | €2,307 | -€3,995 | -€6,302 | |
| Financial income | 75/76B | €11 | €71 | +€60 | +567% |
| Recurring financial income | 75 | €11 | €71 | +€60 | +567% |
| Financial charges | 65/66B | €3,098 | €3,164 | +€66 | +2.1% |
| Recurring financial charges | 65 | €3,098 | €3,164 | +€66 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€781 | -€7,089 | -€6,308 | -808% |
| Income taxes | 67/77 | €773 | €0 | -€773 | -100% |
| Profit (loss) for the period | 9904 | -€1,554 | -€7,089 | -€5,535 | -356% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,554 | -€7,089 | -€5,535 | -356% |
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 30 October 2026 via checked.be.