MB Bouwconstruct: what changed
MB Bouwconstruct
Largest movements
- Stocks and contracts +€14,218
up €14,218 (+48.8%), from €29,120 to €43,338
of which Contracts in progress: +€28,395
- Cash -€8,249
down €8,249 (-38.0%), from €21,712 to €13,464
mainly Investment in fixed assets (net) (-€20,970) and Stocks and contracts (-€14,218)
- Trade debts +€22,063
up €22,063 (+97.5%), from €22,639 to €44,702
- Profit (loss) carried forward -€8,061
down €8,061 (-11.3%), from €71,030 to €62,969
- Debts after one year -€7,693
down €7,693 (-7.3%), from €104,823 to €97,130
- Current portion of long-term debt +€4,394
up €4,394 (+20.6%), from €21,376 to €25,770
- Gross operating margin -€15,271
down €15,271 (-50.7%), from €30,149 to €14,878
- Taxes -€3,380
down €3,380 (-92.9%), from €3,639 to €259
- Depreciation +€2,758
up €2,758 (+17.5%), from €15,802 to €18,560
- Financial income -€428
down €428 (-19.0%), from €2,254 to €1,826
- Financial charges +€332
up €332 (+9.7%), from €3,421 to €3,753
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,534 | €266,618 | +€10,085 | +3.9% |
| Fixed assets | 21/28 | €161,176 | €163,587 | +€2,411 | +1.5% |
| Tangible fixed assets | 22/27 | €161,176 | €163,587 | +€2,411 | +1.5% |
| Land and buildings | 22 | €136,905 | €129,848 | -€7,057 | -5.2% |
| Plant, machinery and equipment | 23 | €24,270 | €15,525 | -€8,745 | -36.0% |
| Furniture and vehicles | 24 | - | €18,213 | +€18,213 | |
| Current assets | 29/58 | €95,358 | €103,032 | +€7,674 | +8.0% |
| Stocks and contracts in progress | 3 | €29,120 | €43,338 | +€14,218 | +48.8% |
| Stocks | 30/36 | €16,122 | €1,945 | -€14,177 | -87.9% |
| Contracts in progress | 37 | €12,998 | €41,393 | +€28,395 | +218% |
| Amounts receivable within one year | 40/41 | €41,851 | €43,304 | +€1,453 | +3.5% |
| Trade receivables | 40 | €2,407 | €2,960 | +€553 | +23.0% |
| Other amounts receivable | 41 | €39,444 | €40,345 | +€901 | +2.3% |
| Cash at bank and in hand | 54/58 | €21,712 | €13,464 | -€8,249 | -38.0% |
| Deferred charges and accrued income | 490/1 | €2,675 | €2,926 | +€251 | +9.4% |
| Total equity and liabilities | 10/49 | €256,534 | €266,618 | +€10,085 | +3.9% |
| Equity | 10/15 | €100,436 | €92,374 | -€8,061 | -8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,806 | €10,806 | = | 0.0% |
| Distributable reserves | 133 | €10,806 | €10,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,030 | €62,969 | -€8,061 | -11.3% |
| Amounts payable | 17/49 | €156,098 | €174,244 | +€18,146 | +11.6% |
| Amounts payable after more than one year | 17 | €104,823 | €97,130 | -€7,693 | -7.3% |
| Financial debts | 170/4 | €104,823 | €97,130 | -€7,693 | -7.3% |
| Amounts payable within one year | 42/48 | €51,275 | €77,114 | +€25,839 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | €21,376 | €25,770 | +€4,394 | +20.6% |
| Trade debts | 44 | €22,639 | €44,702 | +€22,063 | +97.5% |
| Suppliers | 440/4 | €22,639 | €44,702 | +€22,063 | +97.5% |
| Taxes, remuneration and social security | 45 | €6,370 | €6,642 | +€272 | +4.3% |
| Taxes | 450/3 | €3,773 | €4,032 | +€259 | +6.9% |
| Remuneration and social security | 454/9 | €2,597 | €2,609 | +€12 | +0.5% |
| Other amounts payable | 47/48 | €890 | - | -€890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,802 | €18,560 | +€2,758 | +17.5% |
| Other operating charges | 640/8 | €2,120 | €2,194 | +€73 | +3.4% |
| Gross operating margin | 9900 | €30,149 | €14,878 | -€15,271 | -50.7% |
| Operating profit (loss) | 9901 | €12,227 | -€5,876 | -€18,102 | |
| Financial income | 75/76B | €2,254 | €1,826 | -€428 | -19.0% |
| Recurring financial income | 75 | €2,254 | €1,826 | -€428 | -19.0% |
| Financial charges | 65/66B | €3,421 | €3,753 | +€332 | +9.7% |
| Recurring financial charges | 65 | €3,421 | €3,753 | +€332 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €11,060 | -€7,802 | -€18,862 | |
| Income taxes | 67/77 | €3,639 | €259 | -€3,380 | -92.9% |
| Profit (loss) for the period | 9904 | €7,421 | -€8,061 | -€15,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,421 | -€8,061 | -€15,482 |
Next steps
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 2 November 2026 via checked.be.