MB CO: 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 CO
Largest movements
- Receivables within one year +€13,187
up €13,187 (+196.4%), from €6,713 to €19,900
of which Trade receivables: +€12,110
- Cash +€3,368
up €3,368 (+182.5%), from €1,846 to €5,214
mainly Trade debts (+€10,024) and Net result for the year (+€4,766)
- Trade debts +€10,024
up €10,024 (+81.2%), from €12,351 to €22,375
- Profit (loss) carried forward +€4,766
up €4,766 (+5.2%), from €92,023 to €96,790
- Tax, wage and social debts +€2,206
up €2,206 (+1110.8%), from €199 to €2,404
- Purchases and services -€22,070
down €22,070 (-52.2%), from €42,272 to €20,201
- Turnover -€15,582
down €15,582 (-37.3%), from €41,793 to €26,212
- Gross operating margin +€8,432
up €8,432, from -€478 to €7,954
- Depreciation -€1,889
down €1,889 (-69.1%), from €2,735 to €846
- Other operating charges +€1,190
up €1,190 (+182.4%), from €652 to €1,842
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 | €125,185 | €142,181 | +€16,996 | +13.6% |
| Fixed assets | 21/28 | €93,369 | €93,648 | +€279 | +0.3% |
| Tangible fixed assets | 22/27 | €1,369 | €1,648 | +€279 | +20.4% |
| Furniture and vehicles | 24 | €1,059 | €1,648 | +€588 | +55.5% |
| Other tangible fixed assets | 26 | €310 | - | -€310 | |
| Financial fixed assets | 28 | €92,000 | €92,000 | = | 0.0% |
| Current assets | 29/58 | €31,816 | €48,533 | +€16,717 | +52.5% |
| Amounts receivable after more than one year | 29 | €22,960 | €23,419 | +€459 | +2.0% |
| Other amounts receivable | 291 | €22,960 | €23,419 | +€459 | +2.0% |
| Amounts receivable within one year | 40/41 | €6,713 | €19,900 | +€13,187 | +196.4% |
| Trade receivables | 40 | €4,696 | €16,806 | +€12,110 | +257.9% |
| Other amounts receivable | 41 | €2,017 | €3,094 | +€1,078 | +53.4% |
| Cash at bank and in hand | 54/58 | €1,846 | €5,214 | +€3,368 | +182.5% |
| Deferred charges and accrued income | 490/1 | €298 | - | -€298 | |
| Total equity and liabilities | 10/49 | €125,185 | €142,181 | +€16,996 | +13.6% |
| Equity | 10/15 | €112,636 | €117,402 | +€4,766 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,412 | €14,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,552 | €12,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,023 | €96,790 | +€4,766 | +5.2% |
| Amounts payable | 17/49 | €12,549 | €24,779 | +€12,230 | +97.5% |
| Amounts payable within one year | 42/48 | €12,549 | €24,779 | +€12,230 | +97.5% |
| Trade debts | 44 | €12,351 | €22,375 | +€10,024 | +81.2% |
| Suppliers | 440/4 | €12,351 | €22,375 | +€10,024 | +81.2% |
| Taxes, remuneration and social security | 45 | €199 | €2,404 | +€2,206 | +1110.8% |
| Taxes | 450/3 | €199 | €2,404 | +€2,206 | +1110.8% |
| Turnover | 70 | €41,793 | €26,212 | -€15,582 | -37.3% |
| Non-recurring operating income | 76A | - | €1,944 | +€1,944 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,272 | €20,201 | -€22,070 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,735 | €846 | -€1,889 | -69.1% |
| Other operating charges | 640/8 | €652 | €1,842 | +€1,190 | +182.4% |
| Gross operating margin | 9900 | -€478 | €7,954 | +€8,432 | |
| Operating profit (loss) | 9901 | -€3,866 | €5,266 | +€9,132 | |
| Financial income | 75/76B | €497 | €574 | +€77 | +15.5% |
| Recurring financial income | 75 | €497 | €574 | +€77 | +15.5% |
| Financial charges | 65/66B | €191 | €546 | +€356 | +186.4% |
| Recurring financial charges | 65 | €191 | €546 | +€356 | +186.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,559 | €5,294 | +€8,853 | |
| Income taxes | 67/77 | €200 | €528 | +€328 | +164.4% |
| Profit (loss) for the period | 9904 | -€3,759 | €4,766 | +€8,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,759 | €4,766 | +€8,525 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.