MB Construct Belgium: what changed
Two financial 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 Belgium
Largest movements
- Receivables within one year -€8,420
down €8,420 (-17.5%), from €48,205 to €39,785
of which Other amounts receivable: -€13,441
- Cash +€4,051
up €4,051 (+8841.5%), from €46 to €4,097
mainly Trade debts (+€13,063) and Receivables within one year (+€8,420)
- Tangible fixed assets +€2,759
up €2,759 (+137.9%), from €2,000 to €4,759
- Trade debts +€13,063
up €13,063 (+117.1%), from €11,152 to €24,215
- Profit (loss) carried forward -€9,638
down €9,638 (-49.7%), from €19,381 to €9,743
- Tax, wage and social debts -€3,523
down €3,523 (-72.3%), from €4,872 to €1,349
- Other debts -€1,712
down €1,712 (-11.3%), from €15,146 to €13,434
- Purchases and services +€93,655
new in 2025: €93,655
- Turnover +€79,429
new in 2025: €79,429
- Gross operating margin -€29,049
down €29,049, from €24,328 to -€4,721
- Taxes -€5,878
no longer reported in 2025 (was €5,878)
- Depreciation +€1,026
up €1,026 (+51.3%), from €2,000 to €3,026
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 | €50,551 | €48,941 | -€1,610 | -3.2% |
| Fixed assets | 21/28 | €2,300 | €5,059 | +€2,759 | +119.9% |
| Tangible fixed assets | 22/27 | €2,000 | €4,759 | +€2,759 | +137.9% |
| Furniture and vehicles | 24 | €2,000 | €4,759 | +€2,759 | +137.9% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €48,251 | €43,882 | -€4,369 | -9.1% |
| Amounts receivable within one year | 40/41 | €48,205 | €39,785 | -€8,420 | -17.5% |
| Trade receivables | 40 | €34,288 | €39,309 | +€5,021 | +14.6% |
| Other amounts receivable | 41 | €13,917 | €476 | -€13,441 | -96.6% |
| Cash at bank and in hand | 54/58 | €46 | €4,097 | +€4,051 | +8841.5% |
| Total equity and liabilities | 10/49 | €50,551 | €48,941 | -€1,610 | -3.2% |
| Equity | 10/15 | €19,381 | €9,743 | -€9,638 | -49.7% |
| Profit (loss) carried forward | 14 | €19,381 | €9,743 | -€9,638 | -49.7% |
| Amounts payable | 17/49 | €31,170 | €39,198 | +€8,028 | +25.8% |
| Amounts payable within one year | 42/48 | €31,170 | €38,998 | +€7,828 | +25.1% |
| Trade debts | 44 | €11,152 | €24,215 | +€13,063 | +117.1% |
| Suppliers | 440/4 | €11,152 | €24,215 | +€13,063 | +117.1% |
| Taxes, remuneration and social security | 45 | €4,872 | €1,349 | -€3,523 | -72.3% |
| Taxes | 450/3 | €4,872 | €1,349 | -€3,523 | -72.3% |
| Other amounts payable | 47/48 | €15,146 | €13,434 | -€1,712 | -11.3% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Turnover | 70 | - | €79,429 | +€79,429 | |
| Non-recurring operating income | 76A | - | €5,373 | +€5,373 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €93,655 | +€93,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €3,026 | +€1,026 | +51.3% |
| Other operating charges | 640/8 | €1,511 | €1,803 | +€292 | +19.3% |
| Gross operating margin | 9900 | €24,328 | -€4,721 | -€29,049 | |
| Operating profit (loss) | 9901 | €20,817 | -€9,550 | -€30,367 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €229 | €91 | -€138 | -60.3% |
| Recurring financial charges | 65 | €229 | €91 | -€138 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €20,588 | -€9,638 | -€30,226 | |
| Income taxes | 67/77 | €5,878 | - | -€5,878 | |
| Profit (loss) for the period | 9904 | €14,710 | -€9,638 | -€24,348 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,710 | -€9,638 | -€24,348 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.