M.P. MANAGEMENT: 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. MANAGEMENT
Largest movements
- Current investments -€5,234
down €5,234 (-16.6%), from €31,437 to €26,203
- Cash -€2,494
down €2,494 (-4.6%), from €54,675 to €52,181
mainly Other debts (-€6,040) and Net result for the year (-€4,341)
- Receivables within one year -€1,974
down €1,974 (-100%), from €1,974 to €0
- Other debts -€6,040
no longer reported in 2026 (was €6,040)
- Reserves -€4,342
down €4,342 (-2.4%), from €179,939 to €175,597
- Purchases and services +€22,020
new in 2026: €22,020
- Turnover +€15,350
new in 2026: €15,350
- Financial income -€10,697
down €10,697 (-72.9%), from €14,670 to €3,973
of which Non-recurring financial income: -€9,838
- Gross operating margin +€9,859
up €9,859 (+59.6%), from -€16,529 to -€6,670
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,575 | €183,675 | -€10,900 | -5.6% |
| Fixed assets | 21/28 | €6,490 | €5,291 | -€1,199 | -18.5% |
| Tangible fixed assets | 22/27 | €6,490 | €5,291 | -€1,199 | -18.5% |
| Land and buildings | 22 | €3,589 | €3,469 | -€120 | -3.4% |
| Plant, machinery and equipment | 23 | €2,900 | €1,823 | -€1,077 | -37.1% |
| Current assets | 29/58 | €188,086 | €178,384 | -€9,702 | -5.2% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,974 | €0 | -€1,974 | -100% |
| Trade receivables | 40 | €1,974 | €0 | -€1,974 | -100% |
| Current investments | 50/53 | €31,437 | €26,203 | -€5,234 | -16.6% |
| Cash at bank and in hand | 54/58 | €54,675 | €52,181 | -€2,494 | -4.6% |
| Total equity and liabilities | 10/49 | €194,575 | €183,675 | -€10,900 | -5.6% |
| Equity | 10/15 | €187,994 | €183,652 | -€4,342 | -2.3% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €179,939 | €175,597 | -€4,342 | -2.4% |
| Distributable reserves | 133 | €179,939 | €175,597 | -€4,342 | -2.4% |
| Amounts payable | 17/49 | €6,582 | €23 | -€6,559 | -99.7% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €6,582 | €23 | -€6,559 | -99.7% |
| Financial debts | 43 | - | €0 | = | |
| Trade debts | 44 | €27 | €23 | -€4 | -13.4% |
| Suppliers | 440/4 | €27 | €23 | -€4 | -13.4% |
| Taxes, remuneration and social security | 45 | €516 | €0 | -€516 | -100% |
| Taxes | 450/3 | €516 | - | -€516 | |
| Other amounts payable | 47/48 | €6,040 | - | -€6,040 | |
| Turnover | 70 | - | €15,350 | +€15,350 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €22,020 | +€22,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,358 | €1,198 | -€160 | -11.8% |
| Other operating charges | 640/8 | €568 | €464 | -€104 | -18.3% |
| Gross operating margin | 9900 | -€16,529 | -€6,670 | +€9,859 | +59.6% |
| Operating profit (loss) | 9901 | -€18,455 | -€8,332 | +€10,123 | +54.9% |
| Financial income | 75/76B | €14,670 | €3,973 | -€10,697 | -72.9% |
| Recurring financial income | 75 | €4,832 | €3,973 | -€859 | -17.8% |
| Non-recurring financial income | 76B | €9,838 | - | -€9,838 | |
| Financial charges | 65/66B | €201 | €45 | -€156 | -77.6% |
| Recurring financial charges | 65 | €201 | €45 | -€156 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,986 | -€4,404 | -€418 | -10.5% |
| Income taxes | 67/77 | €20 | -€63 | -€83 | |
| Profit (loss) for the period | 9904 | -€4,006 | -€4,341 | -€335 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,006 | -€4,341 | -€335 | -8.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.