M-BOUWGROEP: what changed
M-BOUWGROEP
Largest movements
- Cash -€34,215
down €34,215 (-63.7%), from €53,751 to €19,535
mainly Stocks and contracts (-€22,468) and Net result for the year (-€9,703)
- Stocks and contracts +€22,468
up €22,468 (+6.8%), from €328,590 to €351,058
- Receivables within one year -€4,011
down €4,011 (-76.2%), from €5,261 to €1,250
- Profit (loss) carried forward -€9,703
down €9,703 (-115%), from -€8,453 to -€18,157
- Trade debts -€6,054
down €6,054 (-100%), from €6,054 to €0
- Gross operating margin -€1,528
down €1,528 (-20.7%), from -€7,380 to -€8,908
- Other operating charges -€282
down €282 (-31.4%), from €898 to €615
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 | €387,601 | €371,843 | -€15,758 | -4.1% |
| Current assets | 29/58 | €387,601 | €371,843 | -€15,758 | -4.1% |
| Stocks and contracts in progress | 3 | €328,590 | €351,058 | +€22,468 | +6.8% |
| Stocks | 30/36 | €328,590 | €351,058 | +€22,468 | +6.8% |
| Amounts receivable within one year | 40/41 | €5,261 | €1,250 | -€4,011 | -76.2% |
| Other amounts receivable | 41 | €5,261 | €1,250 | -€4,011 | -76.2% |
| Cash at bank and in hand | 54/58 | €53,751 | €19,535 | -€34,215 | -63.7% |
| Total equity and liabilities | 10/49 | €387,601 | €371,843 | -€15,758 | -4.1% |
| Equity | 10/15 | €231,547 | €221,843 | -€9,703 | -4.2% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,453 | -€18,157 | -€9,703 | -115% |
| Amounts payable | 17/49 | €156,054 | €150,000 | -€6,054 | -3.9% |
| Amounts payable within one year | 42/48 | €156,054 | €150,000 | -€6,054 | -3.9% |
| Trade debts | 44 | €6,054 | €0 | -€6,054 | -100% |
| Suppliers | 440/4 | €6,054 | €0 | -€6,054 | -100% |
| Other amounts payable | 47/48 | €150,000 | €150,000 | = | 0.0% |
| Other operating charges | 640/8 | €898 | €615 | -€282 | -31.4% |
| Gross operating margin | 9900 | -€7,380 | -€8,908 | -€1,528 | -20.7% |
| Operating profit (loss) | 9901 | -€8,278 | -€9,523 | -€1,245 | -15.0% |
| Financial charges | 65/66B | €175 | €180 | +€5 | +2.7% |
| Recurring financial charges | 65 | €175 | €180 | +€5 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,453 | -€9,703 | -€1,250 | -14.8% |
| Profit (loss) for the period | 9904 | -€8,453 | -€9,703 | -€1,250 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,453 | -€9,703 | -€1,250 | -14.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.