MB Concept: 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 Concept
Largest movements
- Cash +€7,107
up €7,107 (+12350.0%), from €58 to €7,165
mainly Net result for the year (+€19,511) and Stocks and contracts (+€4,305)
- Stocks and contracts -€4,305
down €4,305 (-69.7%), from €6,179 to €1,874
- Tangible fixed assets +€2,909
up €2,909 (+281.9%), from €1,032 to €3,941
- Receivables within one year +€2,538
up €2,538 (+3.1%), from €80,878 to €83,416
- Reserves +€19,511
up €19,511 (+43.0%), from €45,393 to €64,905
- Trade debts -€6,938
down €6,938 (-32.9%), from €21,076 to €14,139
- Tax, wage and social debts -€4,517
down €4,517 (-42.1%), from €10,721 to €6,204
of which Remuneration and social security: -€2,700
- Gross operating margin +€10,375
up €10,375 (+55.3%), from €18,745 to €29,120
- Taxes +€2,901
up €2,901 (+56.8%), from €5,103 to €8,004
- Financial charges -€734
down €734 (-20.4%), from €3,604 to €2,870
- Depreciation -€358
down €358 (-18.5%), from €1,929 to €1,571
- Other operating charges -€352
down €352 (-15.3%), from €2,303 to €1,951
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 | €90,293 | €98,350 | +€8,057 | +8.9% |
| Fixed assets | 21/28 | €1,032 | €3,941 | +€2,909 | +281.9% |
| Tangible fixed assets | 22/27 | €1,032 | €3,941 | +€2,909 | +281.9% |
| Furniture and vehicles | 24 | €1,032 | €3,941 | +€2,909 | +281.9% |
| Current assets | 29/58 | €89,261 | €94,409 | +€5,148 | +5.8% |
| Stocks and contracts in progress | 3 | €6,179 | €1,874 | -€4,305 | -69.7% |
| Contracts in progress | 37 | €6,179 | €1,874 | -€4,305 | -69.7% |
| Amounts receivable within one year | 40/41 | €80,878 | €83,416 | +€2,538 | +3.1% |
| Other amounts receivable | 41 | €80,878 | €83,416 | +€2,538 | +3.1% |
| Cash at bank and in hand | 54/58 | €58 | €7,165 | +€7,107 | +12350.0% |
| Deferred charges and accrued income | 490/1 | €2,147 | €1,954 | -€193 | -9.0% |
| Total equity and liabilities | 10/49 | €90,293 | €98,350 | +€8,057 | +8.9% |
| Equity | 10/15 | €57,470 | €76,981 | +€19,511 | +34.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €45,393 | €64,905 | +€19,511 | +43.0% |
| Distributable reserves | 133 | €45,393 | €64,905 | +€19,511 | +43.0% |
| Profit (loss) carried forward | 14 | €11,576 | €11,576 | = | 0.0% |
| Amounts payable | 17/49 | €32,823 | €21,369 | -€11,454 | -34.9% |
| Amounts payable within one year | 42/48 | €32,823 | €21,369 | -€11,454 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €1,026 | €1,027 | +€1 | +0.1% |
| Trade debts | 44 | €21,076 | €14,139 | -€6,938 | -32.9% |
| Suppliers | 440/4 | €21,076 | €14,139 | -€6,938 | -32.9% |
| Taxes, remuneration and social security | 45 | €10,721 | €6,204 | -€4,517 | -42.1% |
| Taxes | 450/3 | €8,021 | €6,204 | -€1,817 | -22.7% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,929 | €1,571 | -€358 | -18.5% |
| Other operating charges | 640/8 | €2,303 | €1,951 | -€352 | -15.3% |
| Gross operating margin | 9900 | €18,745 | €29,120 | +€10,375 | +55.3% |
| Operating profit (loss) | 9901 | €14,514 | €25,599 | +€11,085 | +76.4% |
| Financial income | 75/76B | €4,587 | €4,787 | +€200 | +4.4% |
| Recurring financial income | 75 | €4,587 | €4,787 | +€200 | +4.4% |
| Financial charges | 65/66B | €3,604 | €2,870 | -€734 | -20.4% |
| Recurring financial charges | 65 | €3,604 | €2,870 | -€734 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €15,496 | €27,516 | +€12,019 | +77.6% |
| Income taxes | 67/77 | €5,103 | €8,004 | +€2,901 | +56.8% |
| Profit (loss) for the period | 9904 | €10,393 | €19,511 | +€9,118 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,393 | €19,511 | +€9,118 | +87.7% |
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 30 September 2026 via checked.be.