MB CHIÈVRES: 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.
What changed
MB CHIÈVRES
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€23,683
2024 · €27,586-€3,904
Equity
€1.3m
2024 · €1.3m+€23,683
Cash
€10,169
2024 · €20,982-€10,813
Balance sheet total
€1.6m
2024 · €1.8m-€130,626
Largest movements
Assets
- Tangible fixed assets -€74,634
down €74,634 (-10.3%), from €722,000 to €647,366
of which Land and buildings: -€70,402
- Stocks and contracts -€69,255
down €69,255 (-7.2%), from €967,686 to €898,431
- Receivables within one year +€23,121
up €23,121 (+33.5%), from €68,956 to €92,076
of which Trade receivables: +€23,121
Equity and liabilities
- Other debts -€150,070
down €150,070 (-46.1%), from €325,355 to €175,285
- Trade debts +€24,242
up €24,242 (+26.4%), from €91,929 to €116,171
- Reserves +€23,683
up €23,683 (+6.1%), from €390,089 to €413,772
of which Distributable reserves: +€23,683
- Current portion of long-term debt -€19,803
down €19,803 (-100%), from €19,803 to €0
Income statement
- Goods and materials +€49,956
up €49,956 (+5.1%), from €982,167 to €1.0m
of which Change in stocks: decrease (increase): +€87,264
- Turnover +€22,996
up €22,996 (+1.4%), from €1.6m to €1.6m
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.
Result 2024
€27,586
Turnover
+€22,996
Other operating income
-€2,158
Goods and materials
-€49,956
Services and other goods
+€13,894
Staff costs
+€6,553
Depreciation
+€435
Other operating charges
+€3,434
Financial income
+€61
Financial charges
+€939
Taxes
-€101
Result 2025
€23,683
raises the resultlowers the result
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.
From operations
+€18,809
Investment
-€9,819
Financing
-€19,803
Cash 2024
€20,982
From operations (derived)
+€18,809
Net result for the year
+€23,683
Depreciation
+€84,454
Stocks and contracts
+€69,255
Receivables within one year
-€23,121
Deferred charges and accrued income
-€956
Trade debts
+€24,242
Tax, wage and social debts
-€7,752
Other debts
-€150,070
Accrued charges and deferred income
-€925
Investment (derived)
-€9,819
Investment in fixed assets (net)
-€9,819
Financing
-€19,803
Current portion of long-term debt
-€19,803
Cash 2025
€10,169
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,779,670 | €1,649,044 | -€130,626 | -7.3% |
| Fixed assets | 21/28 | €722,000 | €647,366 | -€74,634 | -10.3% |
| Tangible fixed assets | 22/27 | €722,000 | €647,366 | -€74,634 | -10.3% |
| Land and buildings | 22 | €674,506 | €604,104 | -€70,402 | -10.4% |
| Plant, machinery and equipment | 23 | €31,016 | €30,538 | -€478 | -1.5% |
| Furniture and vehicles | 24 | €9,043 | €3,670 | -€5,373 | -59.4% |
| Assets under construction and advance payments | 27 | €7,435 | €9,054 | +€1,619 | +21.8% |
| Current assets | 29/58 | €1,057,669 | €1,001,678 | -€55,991 | -5.3% |
| Stocks and contracts in progress | 3 | €967,686 | €898,431 | -€69,255 | -7.2% |
| Stocks | 30/36 | €967,686 | €898,431 | -€69,255 | -7.2% |
| Goods purchased for resale | 34 | €967,686 | €898,431 | -€69,255 | -7.2% |
| Amounts receivable within one year | 40/41 | €68,956 | €92,076 | +€23,121 | +33.5% |
| Trade receivables | 40 | €68,956 | €92,076 | +€23,121 | +33.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €20,982 | €10,169 | -€10,813 | -51.5% |
| Deferred charges and accrued income | 490/1 | €46 | €1,001 | +€956 | +2,096% |
| Total equity and liabilities | 10/49 | €1,779,670 | €1,649,044 | -€130,626 | -7.3% |
| Equity | 10/15 | €1,288,574 | €1,312,257 | +€23,683 | +1.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €798,485 | €798,485 | = | 0.0% |
| Reserves | 13 | €390,089 | €413,772 | +€23,683 | +6.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €380,089 | €403,772 | +€23,683 | +6.2% |
| Amounts payable | 17/49 | €491,095 | €336,787 | -€154,308 | -31.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €490,170 | €336,787 | -€153,383 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €19,803 | €0 | -€19,803 | -100% |
| Trade debts | 44 | €91,929 | €116,171 | +€24,242 | +26.4% |
| Suppliers | 440/4 | €91,929 | €116,171 | +€24,242 | +26.4% |
| Taxes, remuneration and social security | 45 | €53,083 | €45,331 | -€7,752 | -14.6% |
| Taxes | 450/3 | €20,845 | €20,011 | -€834 | -4.0% |
| Remuneration and social security | 454/9 | €32,238 | €25,320 | -€6,918 | -21.5% |
| Other amounts payable | 47/48 | €325,355 | €175,285 | -€150,070 | -46.1% |
| Accrued charges and deferred income | 492/3 | €925 | €0 | -€925 | -100% |
| Operating income | 70/76A | €1,629,116 | €1,649,955 | +€20,838 | +1.3% |
| Turnover | 70 | €1,616,697 | €1,639,693 | +€22,996 | +1.4% |
| Other operating income | 74 | €12,420 | €10,262 | -€2,158 | -17.4% |
| Operating charges | 60/66A | €1,571,403 | €1,597,043 | +€25,640 | +1.6% |
| Goods for resale, raw materials and consumables | 60 | €982,167 | €1,032,124 | +€49,956 | +5.1% |
| Purchases | 600/8 | €1,000,176 | €962,869 | -€37,307 | -3.7% |
| Change in stocks: decrease (increase) | 609 | -€18,009 | €69,255 | +€87,264 | |
| Services and other goods | 61 | €246,541 | €232,647 | -€13,894 | -5.6% |
| Remuneration, social security and pensions | 62 | €228,796 | €222,243 | -€6,553 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,888 | €84,454 | -€435 | -0.5% |
| Other operating charges | 640/8 | €29,011 | €25,576 | -€3,434 | -11.8% |
| Operating profit (loss) | 9901 | €57,713 | €52,911 | -€4,802 | -8.3% |
| Financial income | 75/76B | €396 | €457 | +€61 | +15.3% |
| Recurring financial income | 75 | €396 | €457 | +€61 | +15.3% |
| Other financial income | 752/9 | €396 | €457 | +€61 | +15.3% |
| Financial charges | 65/66B | €10,156 | €9,218 | -€939 | -9.2% |
| Recurring financial charges | 65 | €10,156 | €9,218 | -€939 | -9.2% |
| Debt charges | 650 | €2,854 | €468 | -€2,386 | -83.6% |
| Other financial charges | 652/9 | €7,303 | €8,750 | +€1,447 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €47,953 | €44,151 | -€3,803 | -7.9% |
| Income taxes | 67/77 | €20,367 | €20,468 | +€101 | +0.5% |
| Taxes | 670/3 | €20,845 | €20,468 | -€378 | -1.8% |
| Tax adjustments and reversals of tax provisions | 77 | €478 | €0 | -€478 | -100% |
| Profit (loss) for the period | 9904 | €27,586 | €23,683 | -€3,904 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,586 | €23,683 | -€3,904 | -14.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.