MB AGENCY: 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.
MB AGENCY
Largest movements
- Receivables within one year -€32,100
down €32,100 (-25.3%), from €126,700 to €94,600
of which Other amounts receivable: -€20,000
- Cash +€16,895
up €16,895 (+130%), from €12,962 to €29,857
mainly Net result for the year (+€73,137) and Receivables within one year (+€32,100)
- Debts after one year -€72,700
down €72,700 (-20.8%), from €350,200 to €277,500
- Reserves +€72,500
up €72,500 (+8.7%), from €831,200 to €903,700
of which Distributable reserves: +€72,500
- Tax, wage and social debts -€15,605
down €15,605 (-44.5%), from €35,083 to €19,478
- Gross operating margin +€37,870
up €37,870 (+45.5%), from €83,265 to €121,135
- Financial income -€23,799
no longer reported in 2025 (was €23,799)
- Financial charges +€12,415
up €12,415 (+8,222%), from €151 to €12,566
- Taxes +€4,839
up €4,839 (+16.1%), from €30,108 to €34,947
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 | €1,288,902 | €1,273,697 | -€15,205 | -1.2% |
| Fixed assets | 21/28 | €1,149,107 | €1,149,107 | = | 0.0% |
| Financial fixed assets | 28 | €1,149,107 | €1,149,107 | = | 0.0% |
| Current assets | 29/58 | €139,795 | €124,590 | -€15,205 | -10.9% |
| Amounts receivable within one year | 40/41 | €126,700 | €94,600 | -€32,100 | -25.3% |
| Trade receivables | 40 | €24,200 | €12,100 | -€12,100 | -50.0% |
| Other amounts receivable | 41 | €102,500 | €82,500 | -€20,000 | -19.5% |
| Current investments | 50/53 | €133 | €133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,962 | €29,857 | +€16,895 | +130% |
| Total equity and liabilities | 10/49 | €1,288,902 | €1,273,697 | -€15,205 | -1.2% |
| Equity | 10/15 | €900,093 | €973,230 | +€73,137 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €831,200 | €903,700 | +€72,500 | +8.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €825,000 | €897,500 | +€72,500 | +8.8% |
| Profit (loss) carried forward | 14 | €6,893 | €7,530 | +€637 | +9.2% |
| Amounts payable | 17/49 | €388,809 | €300,467 | -€88,342 | -22.7% |
| Amounts payable after more than one year | 17 | €350,200 | €277,500 | -€72,700 | -20.8% |
| Other amounts payable | 178/9 | €350,200 | €277,500 | -€72,700 | -20.8% |
| Amounts payable within one year | 42/48 | €38,609 | €22,967 | -€15,642 | -40.5% |
| Trade debts | 44 | €3,176 | €3,297 | +€121 | +3.8% |
| Suppliers | 440/4 | €3,176 | €3,297 | +€121 | +3.8% |
| Taxes, remuneration and social security | 45 | €35,083 | €19,478 | -€15,605 | -44.5% |
| Taxes | 450/3 | €35,083 | €19,478 | -€15,605 | -44.5% |
| Other amounts payable | 47/48 | €350 | €192 | -€158 | -45.1% |
| Other operating charges | 640/8 | €1,520 | €485 | -€1,035 | -68.1% |
| Gross operating margin | 9900 | €83,265 | €121,135 | +€37,870 | +45.5% |
| Operating profit (loss) | 9901 | €81,745 | €120,650 | +€38,905 | +47.6% |
| Financial income | 75/76B | €23,799 | - | -€23,799 | |
| Recurring financial income | 75 | €23,799 | - | -€23,799 | |
| Financial charges | 65/66B | €151 | €12,566 | +€12,415 | +8,222% |
| Recurring financial charges | 65 | €151 | €12,566 | +€12,415 | +8,222% |
| Profit (loss) for the period before taxes | 9903 | €105,393 | €108,084 | +€2,691 | +2.6% |
| Income taxes | 67/77 | €30,108 | €34,947 | +€4,839 | +16.1% |
| Profit (loss) for the period | 9904 | €75,285 | €73,137 | -€2,148 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,285 | €73,137 | -€2,148 | -2.9% |
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 26 October 2026 via checked.be.