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 +€10,745
up €10,745 (+6.8%), from €157,890 to €168,636
of which Trade receivables: +€11,798
- Cash +€6,091
up €6,091 (+32.1%), from €18,958 to €25,048
mainly Net result for the year (+€8,689) and Depreciation (+€6,391)
- Tangible fixed assets -€4,825
down €4,825 (-76.4%), from €6,318 to €1,493
of which Furniture and vehicles: -€5,453
- Profit (loss) carried forward +€8,689
up €8,689 (+32.1%), from €27,039 to €35,728
- Tax, wage and social debts +€2,793
up €2,793 (+10.5%), from €26,493 to €29,286
of which Taxes: +€9,176
- Gross operating margin -€146,350
down €146,350 (-89.0%), from €164,357 to €18,008
- Write-downs -€106,596
no longer reported in 2024 (was €106,596)
- Taxes -€6,870
no longer reported in 2024 (was €6,870)
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 | €186,913 | €198,718 | +€11,806 | +6.3% |
| Fixed assets | 21/28 | €9,860 | €5,035 | -€4,825 | -48.9% |
| Tangible fixed assets | 22/27 | €6,318 | €1,493 | -€4,825 | -76.4% |
| Plant, machinery and equipment | 23 | €386 | €1,014 | +€628 | +162.8% |
| Furniture and vehicles | 24 | €5,932 | €479 | -€5,453 | -91.9% |
| Financial fixed assets | 28 | €3,542 | €3,542 | = | 0.0% |
| Current assets | 29/58 | €177,053 | €193,684 | +€16,631 | +9.4% |
| Amounts receivable within one year | 40/41 | €157,890 | €168,636 | +€10,745 | +6.8% |
| Trade receivables | 40 | €32,864 | €44,662 | +€11,798 | +35.9% |
| Other amounts receivable | 41 | €125,027 | €123,974 | -€1,053 | -0.8% |
| Cash at bank and in hand | 54/58 | €18,958 | €25,048 | +€6,091 | +32.1% |
| Deferred charges and accrued income | 490/1 | €205 | - | -€205 | |
| Total equity and liabilities | 10/49 | €186,913 | €198,718 | +€11,806 | +6.3% |
| Equity | 10/15 | €109,757 | €118,446 | +€8,689 | +7.9% |
| Contributions | 10/11 | €8,451 | €8,451 | = | 0.0% |
| Reserves | 13 | €74,268 | €74,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €72,408 | €72,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,039 | €35,728 | +€8,689 | +32.1% |
| Amounts payable | 17/49 | €77,155 | €80,272 | +€3,117 | +4.0% |
| Amounts payable within one year | 42/48 | €77,155 | €80,254 | +€3,098 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €18,328 | €16,545 | -€1,783 | -9.7% |
| Trade debts | 44 | €17,335 | €18,728 | +€1,393 | +8.0% |
| Suppliers | 440/4 | €17,335 | €18,728 | +€1,393 | +8.0% |
| Advances received on contracts in progress | 46 | - | €695 | +€695 | |
| Taxes, remuneration and social security | 45 | €26,493 | €29,286 | +€2,793 | +10.5% |
| Taxes | 450/3 | €16,338 | €25,514 | +€9,176 | +56.2% |
| Remuneration and social security | 454/9 | €10,155 | €3,771 | -€6,384 | -62.9% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,318 | €6,391 | +€73 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €106,596 | - | -€106,596 | |
| Other operating charges | 640/8 | €934 | €649 | -€285 | -30.6% |
| Non-recurring operating charges | 66A | €712 | - | -€712 | |
| Gross operating margin | 9900 | €164,357 | €18,008 | -€146,350 | -89.0% |
| Operating profit (loss) | 9901 | €49,798 | €10,968 | -€38,829 | -78.0% |
| Financial income | 75/76B | €2 | €0 | -€1 | -96.0% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -96.0% |
| Financial charges | 65/66B | €1,163 | €2,280 | +€1,116 | +95.9% |
| Recurring financial charges | 65 | €1,163 | €2,280 | +€1,116 | +95.9% |
| Profit (loss) for the period before taxes | 9903 | €48,636 | €8,689 | -€39,947 | -82.1% |
| Income taxes | 67/77 | €6,870 | - | -€6,870 | |
| Profit (loss) for the period | 9904 | €41,766 | €8,689 | -€33,077 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,766 | €8,689 | -€33,077 | -79.2% |
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 3 October 2026 via checked.be.