MB BOUWT: 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 BOUWT
Largest movements
- Cash +€25,370
up €25,370 (+343.8%), from €7,378 to €32,748
mainly Provisions (+€8,706) and Net result for the year (+€7,587)
- Receivables within one year -€4,594
down €4,594 (-9.8%), from €46,994 to €42,400
of which Other amounts receivable: -€4,594
- Stocks and contracts -€3,350
no longer reported in 2025 (was €3,350)
- Reserves +€33,985
new in 2025: €33,985
- Profit (loss) carried forward -€26,398
no longer reported in 2025 (was €26,398)
- Provisions +€8,706
new in 2025: €8,706
- Tax, wage and social debts +€765
up €765 (+5.8%), from €13,251 to €14,016
- Gross operating margin -€47,376
down €47,376 (-70.5%), from €67,237 to €19,861
- Financial charges -€17,141
down €17,141 (-99.2%), from €17,271 to €130
- Provisions +€8,706
new in 2025: €8,706
- Taxes -€6,038
down €6,038 (-68.6%), from €8,799 to €2,762
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 | €57,722 | €75,149 | +€17,427 | +30.2% |
| Current assets | 29/58 | €57,722 | €75,149 | +€17,427 | +30.2% |
| Stocks and contracts in progress | 3 | €3,350 | - | -€3,350 | |
| Contracts in progress | 37 | €3,350 | - | -€3,350 | |
| Amounts receivable within one year | 40/41 | €46,994 | €42,400 | -€4,594 | -9.8% |
| Trade receivables | 40 | €26,457 | €26,457 | = | 0.0% |
| Other amounts receivable | 41 | €20,537 | €15,944 | -€4,594 | -22.4% |
| Cash at bank and in hand | 54/58 | €7,378 | €32,748 | +€25,370 | +343.8% |
| Total equity and liabilities | 10/49 | €57,722 | €75,149 | +€17,427 | +30.2% |
| Equity | 10/15 | €32,398 | €39,985 | +€7,587 | +23.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €33,985 | +€33,985 | |
| Distributable reserves | 133 | - | €33,985 | +€33,985 | |
| Profit (loss) carried forward | 14 | €26,398 | - | -€26,398 | |
| Provisions and deferred taxes | 16 | - | €8,706 | +€8,706 | |
| Provisions for liabilities and charges | 160/5 | - | €8,706 | +€8,706 | |
| Environmental obligations | 163 | - | €8,706 | +€8,706 | |
| Amounts payable | 17/49 | €25,324 | €26,458 | +€1,134 | +4.5% |
| Amounts payable within one year | 42/48 | €25,324 | €26,458 | +€1,134 | +4.5% |
| Financial debts | 43 | - | €23 | +€23 | |
| Credit institutions | 430/8 | - | €23 | +€23 | |
| Trade debts | 44 | €7,511 | €7,857 | +€346 | +4.6% |
| Suppliers | 440/4 | €7,511 | €7,857 | +€346 | +4.6% |
| Taxes, remuneration and social security | 45 | €13,251 | €14,016 | +€765 | +5.8% |
| Taxes | 450/3 | €13,251 | €14,016 | +€765 | +5.8% |
| Other amounts payable | 47/48 | €4,562 | €4,562 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €8,706 | +€8,706 | |
| Other operating charges | 640/8 | €387 | €677 | +€290 | +74.8% |
| Gross operating margin | 9900 | €67,237 | €19,861 | -€47,376 | -70.5% |
| Operating profit (loss) | 9901 | €66,850 | €10,478 | -€56,371 | -84.3% |
| Financial charges | 65/66B | €17,271 | €130 | -€17,141 | -99.2% |
| Recurring financial charges | 65 | €17,271 | €130 | -€17,141 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €49,578 | €10,348 | -€39,230 | -79.1% |
| Income taxes | 67/77 | €8,799 | €2,762 | -€6,038 | -68.6% |
| Profit (loss) for the period | 9904 | €40,779 | €7,587 | -€33,192 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,779 | €7,587 | -€33,192 | -81.4% |
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 8 October 2026 via checked.be.