MB CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€23,091
up €23,091 (+160.0%), from €14,431 to €37,522
of which Other amounts receivable: +€15,013
- Tangible fixed assets +€4,604
up €4,604 (+75.9%), from €6,064 to €10,668
of which Furniture and vehicles: +€5,874
- Intangible fixed assets -€4,000
down €4,000 (-23.8%), from €16,820 to €12,820
- Cash -€1,663
down €1,663 (-94.4%), from €1,762 to €100
mainly Receivables within one year (-€23,091) and Investment in fixed assets (net) (-€10,500)
- Profit (loss) carried forward +€13,499
up €13,499 (+108.6%), from €12,431 to €25,930
- Other debts +€7,500
new in 2025: €7,500
- Tax, wage and social debts +€1,162
up €1,162 (+4651.8%), from €25 to €1,187
- Taxes +€6,737
new in 2025: €6,737
- Gross operating margin +€4,556
up €4,556 (+13.7%), from €33,292 to €37,848
- Financial charges -€2,778
down €2,778 (-95.9%), from €2,897 to €119
- Depreciation -€804
down €804 (-7.5%), from €10,700 to €9,896
- Other operating charges +€591
new in 2025: €591
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 | €39,577 | €61,609 | +€22,033 | +55.7% |
| Fixed assets | 21/28 | €23,383 | €23,988 | +€604 | +2.6% |
| Intangible fixed assets | 21 | €16,820 | €12,820 | -€4,000 | -23.8% |
| Tangible fixed assets | 22/27 | €6,064 | €10,668 | +€4,604 | +75.9% |
| Plant, machinery and equipment | 23 | €2,057 | €787 | -€1,270 | -61.7% |
| Furniture and vehicles | 24 | €4,007 | €9,881 | +€5,874 | +146.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €16,193 | €37,622 | +€21,428 | +132.3% |
| Amounts receivable within one year | 40/41 | €14,431 | €37,522 | +€23,091 | +160.0% |
| Trade receivables | 40 | €8,959 | €17,037 | +€8,078 | +90.2% |
| Other amounts receivable | 41 | €5,472 | €20,485 | +€15,013 | +274.4% |
| Cash at bank and in hand | 54/58 | €1,762 | €100 | -€1,663 | -94.4% |
| Total equity and liabilities | 10/49 | €39,577 | €61,609 | +€22,033 | +55.7% |
| Equity | 10/15 | €32,891 | €46,390 | +€13,499 | +41.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,431 | €25,930 | +€13,499 | +108.6% |
| Amounts payable | 17/49 | €6,686 | €15,220 | +€8,534 | +127.6% |
| Amounts payable within one year | 42/48 | €6,686 | €15,220 | +€8,534 | +127.6% |
| Trade debts | 44 | €6,661 | €6,532 | -€129 | -1.9% |
| Suppliers | 440/4 | €6,661 | €6,532 | -€129 | -1.9% |
| Taxes, remuneration and social security | 45 | €25 | €1,187 | +€1,162 | +4651.8% |
| Taxes | 450/3 | €25 | €1,187 | +€1,162 | +4651.8% |
| Other amounts payable | 47/48 | - | €7,500 | +€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,700 | €9,896 | -€804 | -7.5% |
| Other operating charges | 640/8 | - | €591 | +€591 | |
| Gross operating margin | 9900 | €33,292 | €37,848 | +€4,556 | +13.7% |
| Operating profit (loss) | 9901 | €22,592 | €27,361 | +€4,769 | +21.1% |
| Financial income | 75/76B | €165 | €494 | +€329 | +200.0% |
| Recurring financial income | 75 | €165 | €494 | +€329 | +200.0% |
| Financial charges | 65/66B | €2,897 | €119 | -€2,778 | -95.9% |
| Recurring financial charges | 65 | €2,897 | €119 | -€2,778 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €19,859 | €27,736 | +€7,877 | +39.7% |
| Income taxes | 67/77 | - | €6,737 | +€6,737 | |
| Profit (loss) for the period | 9904 | €19,859 | €20,999 | +€1,140 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,859 | €20,999 | +€1,140 | +5.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.