M.V. CONSULT: 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.V. CONSULT
Largest movements
- Current investments -€136,806
down €136,806 (-44.6%), from €306,564 to €169,759
- Cash +€11,920
up €11,920 (+4.2%), from €282,938 to €294,858
mainly Current investments (+€136,806) and Net result for the year (+€22,800)
- Tax, wage and social debts -€67,644
down €67,644 (-79.4%), from €85,174 to €17,530
of which Taxes: -€67,644
- Reserves -€30,001
down €30,001 (-5.3%), from €567,349 to €537,348
- Trade debts -€20,770
down €20,770 (-97.3%), from €21,354 to €584
- Gross operating margin -€146,443
down €146,443 (-82.7%), from €177,044 to €30,601
- Taxes -€54,464
down €54,464 (-84.4%), from €64,549 to €10,085
- Financial income -€26,510
down €26,510 (-83.2%), from €31,878 to €5,368
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 | €745,894 | €621,830 | -€124,064 | -16.6% |
| Fixed assets | 21/28 | €38,637 | €37,486 | -€1,151 | -3.0% |
| Tangible fixed assets | 22/27 | €18,637 | €17,486 | -€1,151 | -6.2% |
| Land and buildings | 22 | €2,834 | €2,126 | -€709 | -25.0% |
| Furniture and vehicles | 24 | €15,803 | €15,360 | -€442 | -2.8% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €707,257 | €584,344 | -€122,913 | -17.4% |
| Amounts receivable within one year | 40/41 | €117,511 | €119,346 | +€1,835 | +1.6% |
| Trade receivables | 40 | €106,587 | €107,726 | +€1,139 | +1.1% |
| Other amounts receivable | 41 | €10,924 | €11,619 | +€696 | +6.4% |
| Current investments | 50/53 | €306,564 | €169,759 | -€136,806 | -44.6% |
| Cash at bank and in hand | 54/58 | €282,938 | €294,858 | +€11,920 | +4.2% |
| Deferred charges and accrued income | 490/1 | €244 | €382 | +€138 | +56.5% |
| Total equity and liabilities | 10/49 | €745,894 | €621,830 | -€124,064 | -16.6% |
| Equity | 10/15 | €579,749 | €549,748 | -€30,001 | -5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €567,349 | €537,348 | -€30,001 | -5.3% |
| Distributable reserves | 133 | €567,349 | €537,348 | -€30,001 | -5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €166,144 | €72,081 | -€94,063 | -56.6% |
| Amounts payable within one year | 42/48 | €166,144 | €71,831 | -€94,313 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €21,354 | €584 | -€20,770 | -97.3% |
| Suppliers | 440/4 | €21,354 | €584 | -€20,770 | -97.3% |
| Taxes, remuneration and social security | 45 | €85,174 | €17,530 | -€67,644 | -79.4% |
| Taxes | 450/3 | €81,174 | €13,530 | -€67,644 | -83.3% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €59,617 | €53,718 | -€5,899 | -9.9% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,151 | €1,151 | = | 0.0% |
| Other operating charges | 640/8 | €739 | €631 | -€108 | -14.6% |
| Non-recurring operating charges | 66A | €390 | €0 | -€390 | -100% |
| Gross operating margin | 9900 | €177,044 | €30,601 | -€146,443 | -82.7% |
| Operating profit (loss) | 9901 | €174,764 | €28,819 | -€145,945 | -83.5% |
| Financial income | 75/76B | €31,878 | €5,368 | -€26,510 | -83.2% |
| Recurring financial income | 75 | €31,878 | €5,368 | -€26,510 | -83.2% |
| Financial charges | 65/66B | €3,007 | €1,302 | -€1,705 | -56.7% |
| Recurring financial charges | 65 | €3,007 | €1,302 | -€1,705 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €203,635 | €32,885 | -€170,750 | -83.9% |
| Income taxes | 67/77 | €64,549 | €10,085 | -€54,464 | -84.4% |
| Profit (loss) for the period | 9904 | €139,086 | €22,800 | -€116,286 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €139,086 | €22,800 | -€116,286 | -83.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.