M&V EVENTS: 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 EVENTS
Largest movements
- Receivables within one year +€47,669
up €47,669 (+119%), from €40,081 to €87,750
of which Trade receivables: +€28,612
- Cash -€18,530
down €18,530 (-35.8%), from €51,701 to €33,171
mainly Receivables within one year (-€47,669) and Debts after one year (-€18,731)
- Tangible fixed assets -€3,363
down €3,363 (-9.2%), from €36,579 to €33,216
of which Furniture and vehicles: -€7,266
- Stocks and contracts -€2,860
down €2,860 (-14.0%), from €20,420 to €17,560
- Deferred charges and accrued income -€2,744
down €2,744 (-100%), from €2,744 to €0
- Debts after one year -€18,731
down €18,731 (-53.5%), from €35,000 to €16,269
- Trade debts +€15,491
up €15,491 (+30.0%), from €51,675 to €67,165
- Advances received +€14,795
up €14,795, from €0 to €14,795
- Accrued charges and deferred income -€6,945
down €6,945 (-100%), from €6,945 to €0
- Tax, wage and social debts +€6,883
up €6,883 (+23.1%), from €29,797 to €36,680
of which Taxes: +€10,213
- Depreciation +€5,690
up €5,690 (+115%), from €4,966 to €10,655
- Gross operating margin +€2,873
up €2,873 (+4.6%), from €62,504 to €65,376
- Staff costs +€2,475
up €2,475 (+6.3%), from €39,382 to €41,857
- Financial income +€1,482
up €1,482 (+1,333%), from €111 to €1,593
- Other operating charges -€966
down €966 (-32.0%), from €3,016 to €2,050
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 | €171,525 | €191,697 | +€20,172 | +11.8% |
| Fixed assets | 21/28 | €56,579 | €53,216 | -€3,363 | -5.9% |
| Tangible fixed assets | 22/27 | €36,579 | €33,216 | -€3,363 | -9.2% |
| Plant, machinery and equipment | 23 | €671 | €4,574 | +€3,903 | +582% |
| Furniture and vehicles | 24 | €35,908 | €28,643 | -€7,266 | -20.2% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €114,946 | €138,480 | +€23,535 | +20.5% |
| Stocks and contracts in progress | 3 | €20,420 | €17,560 | -€2,860 | -14.0% |
| Stocks | 30/36 | €20,420 | €17,560 | -€2,860 | -14.0% |
| Amounts receivable within one year | 40/41 | €40,081 | €87,750 | +€47,669 | +119% |
| Trade receivables | 40 | €39,677 | €68,289 | +€28,612 | +72.1% |
| Other amounts receivable | 41 | €404 | €19,461 | +€19,057 | +4,715% |
| Cash at bank and in hand | 54/58 | €51,701 | €33,171 | -€18,530 | -35.8% |
| Deferred charges and accrued income | 490/1 | €2,744 | €0 | -€2,744 | -100% |
| Total equity and liabilities | 10/49 | €171,525 | €191,697 | +€20,172 | +11.8% |
| Equity | 10/15 | €13,768 | €19,205 | +€5,437 | +39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,692 | -€1,255 | +€5,437 | +81.2% |
| Amounts payable | 17/49 | €157,757 | €172,492 | +€14,735 | +9.3% |
| Amounts payable after more than one year | 17 | €35,000 | €16,269 | -€18,731 | -53.5% |
| Financial debts | 170/4 | €35,000 | €16,269 | -€18,731 | -53.5% |
| Amounts payable within one year | 42/48 | €115,812 | €156,223 | +€40,411 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €1,384 | €4,858 | +€3,474 | +251% |
| Financial debts | 43 | €1,282 | €0 | -€1,282 | -100% |
| Credit institutions | 430/8 | €1,282 | €0 | -€1,282 | -100% |
| Trade debts | 44 | €51,675 | €67,165 | +€15,491 | +30.0% |
| Suppliers | 440/4 | €51,675 | €67,165 | +€15,491 | +30.0% |
| Advances received on contracts in progress | 46 | €0 | €14,795 | +€14,795 | |
| Taxes, remuneration and social security | 45 | €29,797 | €36,680 | +€6,883 | +23.1% |
| Taxes | 450/3 | €18,242 | €28,455 | +€10,213 | +56.0% |
| Remuneration and social security | 454/9 | €11,556 | €8,226 | -€3,330 | -28.8% |
| Other amounts payable | 47/48 | €31,674 | €32,725 | +€1,051 | +3.3% |
| Accrued charges and deferred income | 492/3 | €6,945 | €0 | -€6,945 | -100% |
| Non-recurring operating income | 76A | €0 | €2,100 | +€2,100 | |
| Remuneration, social security and pensions | 62 | €39,382 | €41,857 | +€2,475 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,966 | €10,655 | +€5,690 | +115% |
| Other operating charges | 640/8 | €3,016 | €2,050 | -€966 | -32.0% |
| Gross operating margin | 9900 | €62,504 | €65,376 | +€2,873 | +4.6% |
| Operating profit (loss) | 9901 | €15,140 | €10,814 | -€4,326 | -28.6% |
| Financial income | 75/76B | €111 | €1,593 | +€1,482 | +1,333% |
| Recurring financial income | 75 | €111 | €1,593 | +€1,482 | +1,333% |
| Financial charges | 65/66B | €1,420 | €2,385 | +€965 | +67.9% |
| Recurring financial charges | 65 | €1,420 | €2,385 | +€965 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €13,831 | €10,022 | -€3,809 | -27.5% |
| Income taxes | 67/77 | €4,466 | €4,585 | +€119 | +2.7% |
| Profit (loss) for the period | 9904 | €9,365 | €5,437 | -€3,928 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,365 | €5,437 | -€3,928 | -41.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.