M.P CONSTRUCT: 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.P CONSTRUCT
Largest movements
- Receivables within one year +€38,750
up €38,750 (+73.5%), from €52,714 to €91,464
of which Trade receivables: +€44,172
- Tangible fixed assets -€18,663
down €18,663 (-88.2%), from €21,163 to €2,500
of which Plant, machinery and equipment: -€14,505
- Stocks and contracts -€16,000
down €16,000 (-42.1%), from €38,000 to €22,000
of which Stocks: -€38,000
- Deferred charges and accrued income -€2,230
down €2,230 (-100.0%), from €2,230 to €0
- Cash -€1,767
down €1,767 (-25.2%), from €7,007 to €5,239
mainly Receivables within one year (-€38,750) and Trade debts (-€11,028)
- Other debts +€24,231
up €24,231 (+231.0%), from €10,489 to €34,720
- Trade debts -€11,028
down €11,028 (-21.8%), from €50,645 to €39,617
- Tax, wage and social debts -€7,314
down €7,314 (-53.9%), from €13,580 to €6,266
of which Remuneration and social security: -€11,896
- Profit (loss) carried forward -€3,414
down €3,414 (-30.6%), from €11,158 to €7,744
- Advances received -€2,727
down €2,727 (-100.0%), from €2,727 to €0
- Gross operating margin +€23,026
up €23,026 (+127.3%), from €18,086 to €41,112
- Financial charges +€16,791
up €16,791 (+7510.3%), from €224 to €17,014
of which Non-recurring financial charges: +€15,430
- Depreciation -€9,240
down €9,240 (-100.0%), from €9,240 to €0
- Taxes +€3,221
up €3,221 (+235.6%), from €1,367 to €4,588
- Financial income -€677
down €677 (-98.2%), from €690 to €13
of which Non-recurring financial income: -€690
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 | €122,200 | €121,947 | -€252 | -0.2% |
| Fixed assets | 21/28 | €22,249 | €3,245 | -€19,004 | -85.4% |
| Intangible fixed assets | 21 | €341 | €0 | -€341 | -100.0% |
| Tangible fixed assets | 22/27 | €21,163 | €2,500 | -€18,663 | -88.2% |
| Plant, machinery and equipment | 23 | €14,505 | €0 | -€14,505 | -100.0% |
| Furniture and vehicles | 24 | €6,658 | €2,500 | -€4,158 | -62.5% |
| Financial fixed assets | 28 | €745 | €745 | = | 0.0% |
| Current assets | 29/58 | €99,951 | €118,703 | +€18,752 | +18.8% |
| Stocks and contracts in progress | 3 | €38,000 | €22,000 | -€16,000 | -42.1% |
| Stocks | 30/36 | €38,000 | - | -€38,000 | |
| Contracts in progress | 37 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €52,714 | €91,464 | +€38,750 | +73.5% |
| Trade receivables | 40 | €43,672 | €87,844 | +€44,172 | +101.1% |
| Other amounts receivable | 41 | €9,042 | €3,620 | -€5,422 | -60.0% |
| Cash at bank and in hand | 54/58 | €7,007 | €5,239 | -€1,767 | -25.2% |
| Deferred charges and accrued income | 490/1 | €2,230 | €0 | -€2,230 | -100.0% |
| Total equity and liabilities | 10/49 | €122,200 | €121,947 | -€252 | -0.2% |
| Equity | 10/15 | €44,758 | €41,344 | -€3,414 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,158 | €7,744 | -€3,414 | -30.6% |
| Amounts payable | 17/49 | €77,442 | €80,603 | +€3,162 | +4.1% |
| Amounts payable within one year | 42/48 | €77,442 | €80,603 | +€3,162 | +4.1% |
| Trade debts | 44 | €50,645 | €39,617 | -€11,028 | -21.8% |
| Suppliers | 440/4 | €50,645 | €39,617 | -€11,028 | -21.8% |
| Advances received on contracts in progress | 46 | €2,727 | €0 | -€2,727 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,580 | €6,266 | -€7,314 | -53.9% |
| Taxes | 450/3 | €1,684 | €6,266 | +€4,582 | +272.1% |
| Remuneration and social security | 454/9 | €11,896 | €0 | -€11,896 | -100.0% |
| Other amounts payable | 47/48 | €10,489 | €34,720 | +€24,231 | +231.0% |
| Non-recurring operating income | 76A | - | €13,685 | +€13,685 | |
| Remuneration, social security and pensions | 62 | - | €241 | +€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,240 | €0 | -€9,240 | -100.0% |
| Other operating charges | 640/8 | €1,039 | €1,115 | +€77 | +7.4% |
| Non-recurring operating charges | 66A | €3,481 | €21,580 | +€18,099 | +519.9% |
| Gross operating margin | 9900 | €18,086 | €41,112 | +€23,026 | +127.3% |
| Operating profit (loss) | 9901 | €4,327 | €18,176 | +€13,849 | +320.1% |
| Financial income | 75/76B | €690 | €13 | -€677 | -98.2% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +6280.0% |
| Non-recurring financial income | 76B | €690 | €0 | -€690 | -100.0% |
| Financial charges | 65/66B | €224 | €17,014 | +€16,791 | +7510.3% |
| Recurring financial charges | 65 | €224 | €1,585 | +€1,361 | +608.8% |
| Non-recurring financial charges | 66B | - | €15,430 | +€15,430 | |
| Profit (loss) for the period before taxes | 9903 | €4,794 | €1,174 | -€3,619 | -75.5% |
| Income taxes | 67/77 | €1,367 | €4,588 | +€3,221 | +235.6% |
| Profit (loss) for the period | 9904 | €3,427 | -€3,414 | -€6,841 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,427 | -€3,414 | -€6,841 |
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 11 October 2026 via checked.be.