MB COMPANY: what changed
MB COMPANY
Largest movements
- Cash -€44,606
down €44,606 (-81.1%), from €55,007 to €10,401
mainly Other debts (-€21,579) and Tax, wage and social debts (-€18,817)
- Tangible fixed assets -€16,803
down €16,803 (-41.3%), from €40,679 to €23,876
of which Furniture and vehicles: -€13,672
- Deferred charges and accrued income +€5,301
up €5,301 (+18.4%), from €28,875 to €34,177
- Other debts -€21,579
down €21,579 (-70.8%), from €30,468 to €8,889
- Tax, wage and social debts -€18,817
down €18,817 (-60.6%), from €31,045 to €12,228
of which Taxes: -€12,817
- Debts after one year -€15,741
down €15,741 (-74.5%), from €21,122 to €5,381
- Gross operating margin -€50,911
down €50,911 (-68.6%), from €74,203 to €23,292
- Taxes -€10,889
down €10,889 (-74.5%), from €14,617 to €3,728
- Depreciation +€5,869
up €5,869 (+48.7%), from €12,053 to €17,922
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 | €124,562 | €68,634 | -€55,927 | -44.9% |
| Fixed assets | 21/28 | €40,679 | €23,876 | -€16,803 | -41.3% |
| Tangible fixed assets | 22/27 | €40,679 | €23,876 | -€16,803 | -41.3% |
| Plant, machinery and equipment | 23 | €8,288 | €5,157 | -€3,131 | -37.8% |
| Furniture and vehicles | 24 | €32,391 | €18,719 | -€13,672 | -42.2% |
| Current assets | 29/58 | €83,882 | €44,758 | -€39,124 | -46.6% |
| Amounts receivable within one year | 40/41 | - | €181 | +€181 | |
| Trade receivables | 40 | - | €181 | +€181 | |
| Cash at bank and in hand | 54/58 | €55,007 | €10,401 | -€44,606 | -81.1% |
| Deferred charges and accrued income | 490/1 | €28,875 | €34,177 | +€5,301 | +18.4% |
| Total equity and liabilities | 10/49 | €124,562 | €68,634 | -€55,927 | -44.9% |
| Equity | 10/15 | €26,412 | €25,751 | -€662 | -2.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,912 | €23,251 | -€662 | -2.8% |
| Amounts payable | 17/49 | €98,149 | €42,884 | -€55,266 | -56.3% |
| Amounts payable after more than one year | 17 | €21,122 | €5,381 | -€15,741 | -74.5% |
| Financial debts | 170/4 | €21,122 | €5,381 | -€15,741 | -74.5% |
| Amounts payable within one year | 42/48 | €77,027 | €37,503 | -€39,524 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €15,156 | €15,741 | +€585 | +3.9% |
| Trade debts | 44 | €358 | €645 | +€287 | +80.2% |
| Suppliers | 440/4 | €358 | €645 | +€287 | +80.2% |
| Taxes, remuneration and social security | 45 | €31,045 | €12,228 | -€18,817 | -60.6% |
| Taxes | 450/3 | €25,045 | €12,228 | -€12,817 | -51.2% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Other amounts payable | 47/48 | €30,468 | €8,889 | -€21,579 | -70.8% |
| Remuneration, social security and pensions | 62 | - | €14 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,053 | €17,922 | +€5,869 | +48.7% |
| Other operating charges | 640/8 | €695 | €768 | +€73 | +10.5% |
| Gross operating margin | 9900 | €74,203 | €23,292 | -€50,911 | -68.6% |
| Operating profit (loss) | 9901 | €61,455 | €4,588 | -€56,867 | -92.5% |
| Financial charges | 65/66B | €1,498 | €1,521 | +€24 | +1.6% |
| Recurring financial charges | 65 | €1,498 | €1,521 | +€24 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €59,957 | €3,067 | -€56,891 | -94.9% |
| Income taxes | 67/77 | €14,617 | €3,728 | -€10,889 | -74.5% |
| Profit (loss) for the period | 9904 | €45,341 | -€662 | -€46,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,341 | -€662 | -€46,002 |
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 7 November 2026 via checked.be.