MB-Boringen: what changed
What changed
MB-Boringen
NACE 42.219, Civil engineering
filed annual accounts (NBB)
Net result for the year
€729
2024 · €5,549-€4,820
Equity
€42,296
2024 · €64,749-€22,453
Cash
€15,631
2024 · €27,147-€11,516
Balance sheet total
€63,535
2024 · €80,221-€16,687
Largest movements
Assets
- Cash -€11,516
down €11,516 (-42.4%), from €27,147 to €15,631
mainly Contributions, distributions and other (-€23,182) and Current portion of long-term debt (-€8,533)
- Tangible fixed assets -€3,415
down €3,415 (-9.3%), from €36,783 to €33,369
of which Furniture and vehicles: -€2,067
Equity and liabilities
- Reserves -€23,182
down €23,182 (-36.0%), from €64,400 to €41,218
- Other debts +€18,618
new in 2025: €18,618
- Current portion of long-term debt -€8,533
no longer reported in 2025 (was €8,533)
- Trade debts -€2,789
down €2,789 (-60.8%), from €4,589 to €1,800
- Tax, wage and social debts -€1,530
down €1,530 (-65.1%), from €2,351 to €820
of which Taxes: -€2,122
Income statement
- Gross operating margin -€7,755
down €7,755 (-13.2%), from €58,836 to €51,081
- Staff costs -€4,764
down €4,764 (-10.8%), from €43,999 to €39,235
- Depreciation +€1,498
up €1,498 (+19.7%), from €7,591 to €9,089
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,549
Gross operating margin
-€7,755
Staff costs
+€4,764
Depreciation
-€1,498
Write-downs
-€286
Other operating charges
-€36
Financial income
-€83
Financial charges
+€52
Taxes
+€22
Result 2025
€729
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,873
Investment
-€5,674
Financing
-€31,715
Cash 2024
€27,147
From operations (derived)
+€25,873
Net result for the year
+€729
Depreciation
+€9,089
Stocks and contracts
+€715
Receivables within one year
+€522
Deferred charges and accrued income
+€519
Trade debts
-€2,789
Tax, wage and social debts
-€1,530
Other debts
+€18,618
Investment (derived)
-€5,674
Investment in fixed assets (net)
-€5,674
Financing
-€31,715
Current portion of long-term debt
-€8,533
Contributions, distributions and other
-€23,182
Cash 2025
€15,631
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,221 | €63,535 | -€16,687 | -20.8% |
| Fixed assets | 21/28 | €36,783 | €33,369 | -€3,415 | -9.3% |
| Tangible fixed assets | 22/27 | €36,783 | €33,369 | -€3,415 | -9.3% |
| Plant, machinery and equipment | 23 | €31,792 | €30,444 | -€1,348 | -4.2% |
| Furniture and vehicles | 24 | €4,992 | €2,925 | -€2,067 | -41.4% |
| Current assets | 29/58 | €43,438 | €30,166 | -€13,272 | -30.6% |
| Stocks and contracts in progress | 3 | €3,849 | €3,133 | -€715 | -18.6% |
| Stocks | 30/36 | €3,849 | €3,133 | -€715 | -18.6% |
| Amounts receivable within one year | 40/41 | €10,829 | €10,307 | -€522 | -4.8% |
| Trade receivables | 40 | €5,964 | €8,474 | +€2,510 | +42.1% |
| Other amounts receivable | 41 | €4,865 | €1,833 | -€3,032 | -62.3% |
| Cash at bank and in hand | 54/58 | €27,147 | €15,631 | -€11,516 | -42.4% |
| Deferred charges and accrued income | 490/1 | €1,614 | €1,095 | -€519 | -32.1% |
| Total equity and liabilities | 10/49 | €80,221 | €63,535 | -€16,687 | -20.8% |
| Equity | 10/15 | €64,749 | €42,296 | -€22,453 | -34.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,400 | €41,218 | -€23,182 | -36.0% |
| Distributable reserves | 133 | €64,400 | €41,218 | -€23,182 | -36.0% |
| Profit (loss) carried forward | 14 | -€18,251 | -€17,522 | +€729 | +4.0% |
| Amounts payable | 17/49 | €15,472 | €21,239 | +€5,766 | +37.3% |
| Amounts payable within one year | 42/48 | €15,472 | €21,239 | +€5,766 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €8,533 | - | -€8,533 | |
| Trade debts | 44 | €4,589 | €1,800 | -€2,789 | -60.8% |
| Suppliers | 440/4 | €4,589 | €1,800 | -€2,789 | -60.8% |
| Taxes, remuneration and social security | 45 | €2,351 | €820 | -€1,530 | -65.1% |
| Taxes | 450/3 | €2,351 | €228 | -€2,122 | -90.3% |
| Remuneration and social security | 454/9 | - | €592 | +€592 | |
| Other amounts payable | 47/48 | - | €18,618 | +€18,618 | |
| Non-recurring operating income | 76A | €9,017 | €472 | -€8,545 | -94.8% |
| Remuneration, social security and pensions | 62 | €43,999 | €39,235 | -€4,764 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,591 | €9,089 | +€1,498 | +19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€286 | - | +€286 | |
| Other operating charges | 640/8 | €1,210 | €1,246 | +€36 | +3.0% |
| Gross operating margin | 9900 | €58,836 | €51,081 | -€7,755 | -13.2% |
| Operating profit (loss) | 9901 | €6,322 | €1,511 | -€4,811 | -76.1% |
| Financial income | 75/76B | €87 | €4 | -€83 | -95.8% |
| Recurring financial income | 75 | €87 | €4 | -€83 | -95.8% |
| Financial charges | 65/66B | €609 | €557 | -€52 | -8.5% |
| Recurring financial charges | 65 | €609 | €557 | -€52 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €5,800 | €957 | -€4,843 | -83.5% |
| Income taxes | 67/77 | €251 | €228 | -€22 | -8.9% |
| Profit (loss) for the period | 9904 | €5,549 | €729 | -€4,820 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,549 | €729 | -€4,820 | -86.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.