MB & ASSOCIATES: 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 & ASSOCIATES
Largest movements
- Receivables within one year -€89,840
down €89,840 (-72.1%), from €124,648 to €34,808
- Receivables after one year +€36,595
up €36,595 (+26.6%), from €137,800 to €174,395
- Cash +€18,819
up €18,819 (+641%), from €2,936 to €21,755
mainly Receivables within one year (+€89,840) and Net result for the year (+€51,130)
- Trade debts -€75,364
down €75,364 (-93.7%), from €80,461 to €5,097
- Profit (loss) carried forward +€51,130
up €51,130 (+34.5%), from €148,026 to €199,156
- Tax, wage and social debts -€9,238
down €9,238 (-21.3%), from €43,318 to €34,080
- Gross operating margin +€3,977
up €3,977 (+5.4%), from €73,387 to €77,364
- Financial charges +€2,313
up €2,313 (+1,960%), from €118 to €2,431
- Depreciation +€1,123
up €1,123 (+1,404%), from €80 to €1,203
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 | €273,901 | €240,333 | -€33,568 | -12.3% |
| Fixed assets | 21/28 | €3,312 | €2,645 | -€667 | -20.1% |
| Tangible fixed assets | 22/27 | €2,949 | €2,282 | -€667 | -22.6% |
| Furniture and vehicles | 24 | €2,949 | €2,282 | -€667 | -22.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €270,589 | €237,688 | -€32,901 | -12.2% |
| Amounts receivable after more than one year | 29 | €137,800 | €174,395 | +€36,595 | +26.6% |
| Other amounts receivable | 291 | €137,800 | €174,395 | +€36,595 | +26.6% |
| Amounts receivable within one year | 40/41 | €124,648 | €34,808 | -€89,840 | -72.1% |
| Trade receivables | 40 | €124,648 | €34,808 | -€89,840 | -72.1% |
| Cash at bank and in hand | 54/58 | €2,936 | €21,755 | +€18,819 | +641% |
| Deferred charges and accrued income | 490/1 | €5,205 | €6,730 | +€1,525 | +29.3% |
| Total equity and liabilities | 10/49 | €273,901 | €240,333 | -€33,568 | -12.3% |
| Equity | 10/15 | €150,026 | €201,156 | +€51,130 | +34.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,026 | €199,156 | +€51,130 | +34.5% |
| Amounts payable | 17/49 | €123,875 | €39,177 | -€84,698 | -68.4% |
| Amounts payable within one year | 42/48 | €123,875 | €39,177 | -€84,698 | -68.4% |
| Trade debts | 44 | €80,461 | €5,097 | -€75,364 | -93.7% |
| Suppliers | 440/4 | €80,461 | €5,097 | -€75,364 | -93.7% |
| Taxes, remuneration and social security | 45 | €43,318 | €34,080 | -€9,238 | -21.3% |
| Taxes | 450/3 | €43,318 | €34,080 | -€9,238 | -21.3% |
| Other amounts payable | 47/48 | €96 | - | -€96 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80 | €1,203 | +€1,123 | +1,404% |
| Gross operating margin | 9900 | €73,387 | €77,364 | +€3,977 | +5.4% |
| Operating profit (loss) | 9901 | €73,307 | €76,161 | +€2,854 | +3.9% |
| Financial income | 75/76B | €2,273 | €1,526 | -€747 | -32.9% |
| Recurring financial income | 75 | €2,273 | €1,526 | -€747 | -32.9% |
| Financial charges | 65/66B | €118 | €2,431 | +€2,313 | +1,960% |
| Recurring financial charges | 65 | €118 | €2,431 | +€2,313 | +1,960% |
| Profit (loss) for the period before taxes | 9903 | €75,462 | €75,256 | -€206 | -0.3% |
| Income taxes | 67/77 | €23,416 | €24,125 | +€709 | +3.0% |
| Profit (loss) for the period | 9904 | €52,046 | €51,130 | -€916 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,046 | €51,130 | -€916 | -1.8% |
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.