MB - CONTRACTORS: 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 - CONTRACTORS
Largest movements
- Receivables within one year +€7,872
up €7,872 (+6.1%), from €129,209 to €137,082
of which Other amounts receivable: +€7,872
- Tangible fixed assets -€6,932
down €6,932 (-43.0%), from €16,105 to €9,173
- Debts after one year -€6,411
down €6,411 (-74.8%), from €8,566 to €2,156
- Reserves +€6,061
up €6,061 (+21.5%), from €28,180 to €34,241
- Short-term financial debts +€4,535
up €4,535 (+44.3%), from €10,245 to €14,779
- Tax, wage and social debts -€2,724
down €2,724 (-65.9%), from €4,134 to €1,410
- Gross operating margin +€20,055
up €20,055, from -€2,104 to €17,951
- Other operating charges +€1,137
up €1,137 (+661%), from €172 to €1,309
- Taxes +€1,078
up €1,078 (+325%), from €332 to €1,410
- Financial charges +€1,037
up €1,037 (+86.2%), from €1,203 to €2,240
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,374 | €163,708 | +€1,334 | +0.8% |
| Fixed assets | 21/28 | €27,325 | €20,393 | -€6,932 | -25.4% |
| Tangible fixed assets | 22/27 | €16,105 | €9,173 | -€6,932 | -43.0% |
| Furniture and vehicles | 24 | €16,105 | €9,173 | -€6,932 | -43.0% |
| Financial fixed assets | 28 | €11,220 | €11,220 | = | 0.0% |
| Current assets | 29/58 | €135,049 | €143,315 | +€8,266 | +6.1% |
| Amounts receivable within one year | 40/41 | €129,209 | €137,082 | +€7,872 | +6.1% |
| Trade receivables | 40 | €95,363 | €95,363 | = | 0.0% |
| Other amounts receivable | 41 | €33,846 | €41,718 | +€7,872 | +23.3% |
| Deferred charges and accrued income | 490/1 | €5,840 | €6,233 | +€394 | +6.7% |
| Total equity and liabilities | 10/49 | €162,374 | €163,708 | +€1,334 | +0.8% |
| Equity | 10/15 | €131,864 | €137,924 | +€6,061 | +4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,180 | €34,241 | +€6,061 | +21.5% |
| Distributable reserves | 133 | €28,180 | €34,241 | +€6,061 | +21.5% |
| Profit (loss) carried forward | 14 | €85,091 | €85,091 | = | 0.0% |
| Amounts payable | 17/49 | €30,510 | €25,784 | -€4,727 | -15.5% |
| Amounts payable after more than one year | 17 | €8,566 | €2,156 | -€6,411 | -74.8% |
| Financial debts | 170/4 | €8,566 | €2,156 | -€6,411 | -74.8% |
| Amounts payable within one year | 42/48 | €21,944 | €23,628 | +€1,684 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €6,327 | €6,411 | +€83 | +1.3% |
| Financial debts | 43 | €10,245 | €14,779 | +€4,535 | +44.3% |
| Credit institutions | 430/8 | €10,245 | €14,779 | +€4,535 | +44.3% |
| Trade debts | 44 | €1,238 | €1,028 | -€210 | -17.0% |
| Suppliers | 440/4 | €1,238 | €1,028 | -€210 | -17.0% |
| Taxes, remuneration and social security | 45 | €4,134 | €1,410 | -€2,724 | -65.9% |
| Taxes | 450/3 | €4,134 | €1,410 | -€2,724 | -65.9% |
| Non-recurring operating income | 76A | €2,500 | €5,900 | +€3,400 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,932 | €6,932 | = | 0.0% |
| Other operating charges | 640/8 | €172 | €1,309 | +€1,137 | +661% |
| Gross operating margin | 9900 | -€2,104 | €17,951 | +€20,055 | |
| Operating profit (loss) | 9901 | -€9,208 | €9,711 | +€18,919 | |
| Financial charges | 65/66B | €1,203 | €2,240 | +€1,037 | +86.2% |
| Recurring financial charges | 65 | €1,203 | €2,240 | +€1,037 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,411 | €7,470 | +€17,882 | |
| Income taxes | 67/77 | €332 | €1,410 | +€1,078 | +325% |
| Profit (loss) for the period | 9904 | -€10,743 | €6,061 | +€16,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,743 | €6,061 | +€16,804 |
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 18 October 2026 via checked.be.