MAB CONST: 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.
MAB CONST
Largest movements
- Receivables within one year +€4,467
up €4,467 (+5.7%), from €78,486 to €82,953
of which Trade receivables: +€4,484
- Cash +€2,451
up €2,451 (+120%), from €2,044 to €4,495
mainly Trade debts (+€5,820) and Net result for the year (+€909)
- Trade debts +€5,820
up €5,820 (+3,558%), from €164 to €5,984
- Profit (loss) carried forward +€909
up €909 (+1.9%), from €47,169 to €48,078
- Purchases and services -€160,227
no longer reported in 2025 (was €160,227)
- Staff costs -€1,437
no longer reported in 2025 (was €1,437)
- Gross operating margin -€560
down €560 (-12.8%), from €4,388 to €3,828
- Other operating charges +€370
up €370 (+208%), from €178 to €548
- Taxes -€270
down €270 (-12.6%), from €2,139 to €1,870
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 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Current assets | 29/58 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Amounts receivable within one year | 40/41 | €78,486 | €82,953 | +€4,467 | +5.7% |
| Trade receivables | 40 | €6,282 | €10,766 | +€4,484 | +71.4% |
| Other amounts receivable | 41 | €72,203 | €72,187 | -€17 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,044 | €4,495 | +€2,451 | +120% |
| Deferred charges and accrued income | 490/1 | €190 | - | -€190 | |
| Total equity and liabilities | 10/49 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Equity | 10/15 | €80,477 | €81,386 | +€909 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,908 | €20,908 | = | 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% |
| Distributable reserves | 133 | €19,048 | €19,048 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,169 | €48,078 | +€909 | +1.9% |
| Amounts payable | 17/49 | €242 | €6,063 | +€5,820 | +2,401% |
| Amounts payable within one year | 42/48 | €242 | €6,063 | +€5,820 | +2,401% |
| Trade debts | 44 | €164 | €5,984 | +€5,820 | +3,558% |
| Suppliers | 440/4 | €164 | €5,984 | +€5,820 | +3,558% |
| Taxes, remuneration and social security | 45 | €79 | €79 | = | 0.0% |
| Taxes | 450/3 | €79 | €79 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,227 | - | -€160,227 | |
| Remuneration, social security and pensions | 62 | €1,437 | - | -€1,437 | |
| Other operating charges | 640/8 | €178 | €548 | +€370 | +208% |
| Gross operating margin | 9900 | €4,388 | €3,828 | -€560 | -12.8% |
| Operating profit (loss) | 9901 | €2,773 | €3,280 | +€506 | +18.3% |
| Financial charges | 65/66B | €490 | €501 | +€12 | +2.4% |
| Recurring financial charges | 65 | €490 | €501 | +€12 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €2,284 | €2,778 | +€495 | +21.7% |
| Income taxes | 67/77 | €2,139 | €1,870 | -€270 | -12.6% |
| Profit (loss) for the period | 9904 | €144 | €909 | +€764 | +530% |
| Profit (loss) for the period to be appropriated | 9905 | €144 | €909 | +€764 | +530% |
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 16 October 2026 via checked.be.