MB Advice: what changed
Two fiscal 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.
MB Advice
Largest movements
- Cash +€101,408
up €101,408 (+261.0%), from €38,859 to €140,268
mainly Net result for the year (+€74,075) and Tax, wage and social debts (+€24,901)
- Receivables within one year -€4,143
down €4,143 (-89.3%), from €4,640 to €497
of which Other amounts receivable: -€3,214
- Tangible fixed assets +€3,053
new in 2025: €3,053
- Profit (loss) carried forward +€74,075
up €74,075 (+284.7%), from €26,015 to €100,091
- Tax, wage and social debts +€24,901
up €24,901 (+184.9%), from €13,465 to €38,366
of which Taxes: +€22,281
- Gross operating margin +€61,128
up €61,128 (+179.7%), from €34,023 to €95,151
- Taxes +€13,067
up €13,067 (+199.4%), from €6,555 to €19,622
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 | €44,659 | €144,852 | +€100,192 | +224.3% |
| Formation expenses | 20 | €1,159 | €726 | -€434 | -37.4% |
| Fixed assets | 21/28 | - | €3,053 | +€3,053 | |
| Tangible fixed assets | 22/27 | - | €3,053 | +€3,053 | |
| Furniture and vehicles | 24 | - | €3,053 | +€3,053 | |
| Current assets | 29/58 | €43,500 | €141,073 | +€97,573 | +224.3% |
| Amounts receivable within one year | 40/41 | €4,640 | €497 | -€4,143 | -89.3% |
| Trade receivables | 40 | €1,100 | €171 | -€929 | -84.5% |
| Other amounts receivable | 41 | €3,541 | €327 | -€3,214 | -90.8% |
| Cash at bank and in hand | 54/58 | €38,859 | €140,268 | +€101,408 | +261.0% |
| Deferred charges and accrued income | 490/1 | - | €307 | +€307 | |
| Total equity and liabilities | 10/49 | €44,659 | €144,852 | +€100,192 | +224.3% |
| Equity | 10/15 | €31,015 | €105,091 | +€74,075 | +238.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,015 | €100,091 | +€74,075 | +284.7% |
| Amounts payable | 17/49 | €13,644 | €39,761 | +€26,117 | +191.4% |
| Amounts payable within one year | 42/48 | €13,644 | €39,761 | +€26,117 | +191.4% |
| Trade debts | 44 | - | €1,344 | +€1,344 | |
| Suppliers | 440/4 | - | €1,344 | +€1,344 | |
| Taxes, remuneration and social security | 45 | €13,465 | €38,366 | +€24,901 | +184.9% |
| Taxes | 450/3 | €13,465 | €35,746 | +€22,281 | +165.5% |
| Remuneration and social security | 454/9 | - | €2,620 | +€2,620 | |
| Other amounts payable | 47/48 | €179 | €51 | -€128 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €782 | +€640 | +449.7% |
| Other operating charges | 640/8 | €1,296 | €591 | -€705 | -54.4% |
| Gross operating margin | 9900 | €34,023 | €95,151 | +€61,128 | +179.7% |
| Operating profit (loss) | 9901 | €32,585 | €93,778 | +€61,193 | +187.8% |
| Financial income | 75/76B | €3 | €12 | +€9 | +300.7% |
| Recurring financial income | 75 | €3 | €12 | +€9 | +300.7% |
| Financial charges | 65/66B | €18 | €92 | +€75 | +421.5% |
| Recurring financial charges | 65 | €18 | €92 | +€75 | +421.5% |
| Profit (loss) for the period before taxes | 9903 | €32,570 | €93,698 | +€61,127 | +187.7% |
| Income taxes | 67/77 | €6,555 | €19,622 | +€13,067 | +199.4% |
| Profit (loss) for the period | 9904 | €26,015 | €74,075 | +€48,060 | +184.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,015 | €74,075 | +€48,060 | +184.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.