MB CREATIONS: 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 CREATIONS
Largest movements
- Receivables within one year -€584,062
down €584,062 (-68.3%), from €855,566 to €271,504
of which Trade receivables: -€514,244
- Cash -€346,396
down €346,396 (-77.0%), from €449,805 to €103,408
mainly Trade debts (-€763,758) and Net result for the year (-€339,079)
- Deferred charges and accrued income -€43,125
down €43,125 (-87.8%), from €49,141 to €6,016
- Trade debts -€763,758
down €763,758 (-77.4%), from €986,776 to €223,018
of which Suppliers: -€826,758
- Profit (loss) carried forward -€339,079
down €339,079 (-80.7%), from -€420,261 to -€759,340
- Other debts +€147,985
up €147,985 (+143%), from €103,404 to €251,389
- Tax, wage and social debts -€17,918
down €17,918 (-47.0%), from €38,137 to €20,219
of which Taxes: -€17,918
- Financial charges -€45,280
down €45,280 (-60.7%), from €74,602 to €29,322
of which Non-recurring financial charges: -€58,051
- Gross operating margin -€37,296
down €37,296 (-13.9%), from -€268,328 to -€305,623
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
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 | €1,376,862 | €399,246 | -€977,616 | -71.0% |
| Fixed assets | 21/28 | €22,351 | €18,318 | -€4,033 | -18.0% |
| Tangible fixed assets | 22/27 | €11,151 | €7,118 | -€4,033 | -36.2% |
| Furniture and vehicles | 24 | €11,151 | €7,118 | -€4,033 | -36.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €11,200 | €11,200 | = | 0.0% |
| Current assets | 29/58 | €1,354,511 | €380,928 | -€973,583 | -71.9% |
| Amounts receivable within one year | 40/41 | €855,566 | €271,504 | -€584,062 | -68.3% |
| Trade receivables | 40 | €760,520 | €246,276 | -€514,244 | -67.6% |
| Other amounts receivable | 41 | €95,046 | €25,228 | -€69,818 | -73.5% |
| Cash at bank and in hand | 54/58 | €449,805 | €103,408 | -€346,396 | -77.0% |
| Deferred charges and accrued income | 490/1 | €49,141 | €6,016 | -€43,125 | -87.8% |
| Total equity and liabilities | 10/49 | €1,376,862 | €399,246 | -€977,616 | -71.0% |
| Equity | 10/15 | €239,199 | -€99,880 | -€339,079 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €640,860 | €640,860 | = | 0.0% |
| Distributable reserves | 133 | €640,860 | €640,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€420,261 | -€759,340 | -€339,079 | -80.7% |
| Amounts payable | 17/49 | €1,137,664 | €499,127 | -€638,537 | -56.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,128,318 | €494,627 | -€633,691 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €986,776 | €223,018 | -€763,758 | -77.4% |
| Suppliers | 440/4 | €986,776 | €160,018 | -€826,758 | -83.8% |
| Bills of exchange payable | 441 | - | €63,000 | +€63,000 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €38,137 | €20,219 | -€17,918 | -47.0% |
| Taxes | 450/3 | €35,061 | €17,143 | -€17,918 | -51.1% |
| Remuneration and social security | 454/9 | €3,076 | €3,076 | = | 0.0% |
| Other amounts payable | 47/48 | €103,404 | €251,389 | +€147,985 | +143% |
| Accrued charges and deferred income | 492/3 | €9,346 | €4,500 | -€4,846 | -51.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €306 | €736 | +€430 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,033 | €4,033 | = | 0.0% |
| Other operating charges | 640/8 | €1,650 | €475 | -€1,175 | -71.2% |
| Non-recurring operating charges | 66A | €71,799 | €0 | -€71,799 | -100% |
| Gross operating margin | 9900 | -€268,328 | -€305,623 | -€37,296 | -13.9% |
| Operating profit (loss) | 9901 | -€346,115 | -€310,868 | +€35,248 | +10.2% |
| Financial income | 75/76B | €0 | €1,111 | +€1,111 | +1,388,213% |
| Recurring financial income | 75 | €0 | €1,111 | +€1,111 | +1,388,213% |
| Financial charges | 65/66B | €74,602 | €29,322 | -€45,280 | -60.7% |
| Recurring financial charges | 65 | €3,022 | €15,793 | +€12,771 | +423% |
| Non-recurring financial charges | 66B | €71,579 | €13,529 | -€58,051 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€420,717 | -€339,079 | +€81,638 | +19.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€420,717 | -€339,079 | +€81,638 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€420,717 | -€339,079 | +€81,638 | +19.4% |
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 26 October 2026 via checked.be.