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
- Deferred charges and accrued income -€20,649
down €20,649 (-44.3%), from €46,637 to €25,988
- Receivables within one year -€19,174
down €19,174 (-33.2%), from €57,827 to €38,652
of which Trade receivables: -€11,174
- Cash +€15,061
up €15,061 (+221.9%), from €6,787 to €21,848
mainly Deferred charges and accrued income (+€20,649) and Receivables within one year (+€19,174)
- Tangible fixed assets -€8,221
down €8,221 (-13.9%), from €59,151 to €50,930
of which Furniture and vehicles: -€5,734
- Current portion of long-term debt -€20,115
down €20,115 (-41.7%), from €48,191 to €28,076
- Trade debts -€9,627
down €9,627 (-15.9%), from €60,661 to €51,034
- Tax, wage and social debts -€6,577
down €6,577 (-9.7%), from €68,120 to €61,543
of which Remuneration and social security: -€7,175
- Profit (loss) carried forward +€3,652
up €3,652 (+14.2%), from -€25,746 to -€22,094
- Gross operating margin -€15,710
down €15,710 (-4.9%), from €317,713 to €302,003
- Staff costs -€14,987
down €14,987 (-5.1%), from €293,397 to €278,410
- Purchases and services +€11,503
up €11,503 (+3.2%), from €359,701 to €371,204
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,217 | €181,550 | -€32,667 | -15.2% |
| Fixed assets | 21/28 | €96,238 | €88,017 | -€8,221 | -8.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €59,151 | €50,930 | -€8,221 | -13.9% |
| Plant, machinery and equipment | 23 | €1,881 | €1,252 | -€629 | -33.4% |
| Furniture and vehicles | 24 | €40,304 | €34,570 | -€5,734 | -14.2% |
| Other tangible fixed assets | 26 | €16,966 | €15,108 | -€1,858 | -11.0% |
| Financial fixed assets | 28 | €37,087 | €37,087 | = | 0.0% |
| Current assets | 29/58 | €117,979 | €93,533 | -€24,446 | -20.7% |
| Stocks and contracts in progress | 3 | €6,729 | €7,045 | +€316 | +4.7% |
| Stocks | 30/36 | €6,729 | €7,045 | +€316 | +4.7% |
| Amounts receivable within one year | 40/41 | €57,827 | €38,652 | -€19,174 | -33.2% |
| Trade receivables | 40 | €16,965 | €5,791 | -€11,174 | -65.9% |
| Other amounts receivable | 41 | €40,862 | €32,862 | -€8,000 | -19.6% |
| Cash at bank and in hand | 54/58 | €6,787 | €21,848 | +€15,061 | +221.9% |
| Deferred charges and accrued income | 490/1 | €46,637 | €25,988 | -€20,649 | -44.3% |
| Total equity and liabilities | 10/49 | €214,217 | €181,550 | -€32,667 | -15.2% |
| Equity | 10/15 | -€5,286 | -€1,634 | +€3,652 | +69.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,746 | -€22,094 | +€3,652 | +14.2% |
| Amounts payable | 17/49 | €219,503 | €183,184 | -€36,319 | -16.5% |
| Amounts payable after more than one year | 17 | €42,531 | €42,531 | = | 0.0% |
| Financial debts | 170/4 | €6,253 | €6,253 | = | 0.0% |
| Other amounts payable | 178/9 | €36,277 | €36,277 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,972 | €140,653 | -€36,319 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €48,191 | €28,076 | -€20,115 | -41.7% |
| Trade debts | 44 | €60,661 | €51,034 | -€9,627 | -15.9% |
| Suppliers | 440/4 | €60,661 | €51,034 | -€9,627 | -15.9% |
| Taxes, remuneration and social security | 45 | €68,120 | €61,543 | -€6,577 | -9.7% |
| Taxes | 450/3 | €25,629 | €26,226 | +€598 | +2.3% |
| Remuneration and social security | 454/9 | €42,492 | €35,317 | -€7,175 | -16.9% |
| Turnover | 70 | €677,413 | €673,204 | -€4,209 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €359,701 | €371,204 | +€11,503 | +3.2% |
| Remuneration, social security and pensions | 62 | €293,397 | €278,410 | -€14,987 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,103 | €8,401 | -€1,703 | -16.9% |
| Other operating charges | 640/8 | €112 | €86 | -€26 | -23.1% |
| Non-recurring operating charges | 66A | €1,621 | €116 | -€1,505 | -92.8% |
| Gross operating margin | 9900 | €317,713 | €302,003 | -€15,710 | -4.9% |
| Operating profit (loss) | 9901 | €12,479 | €14,990 | +€2,510 | +20.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,675 | €8,653 | +€978 | +12.7% |
| Recurring financial charges | 65 | €7,675 | €8,653 | +€978 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €4,804 | €6,337 | +€1,533 | +31.9% |
| Income taxes | 67/77 | €967 | €2,685 | +€1,718 | +177.7% |
| Profit (loss) for the period | 9904 | €3,837 | €3,652 | -€185 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,837 | €3,652 | -€185 | -4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.