MB LESSINES: 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 LESSINES
Largest movements
- Cash -€108,815
down €108,815 (-64.9%), from €167,677 to €58,862
mainly Short-term financial debts (-€750,000) and Net result for the year (-€127,256)
- Receivables within one year -€61,600
down €61,600 (-16.2%), from €379,923 to €318,323
of which Other amounts receivable: -€73,191
- Stocks and contracts +€61,002
up €61,002 (+5.1%), from €1.2m to €1.3m
- Tangible fixed assets +€53,374
up €53,374 (+34.1%), from €156,608 to €209,982
of which Plant, machinery and equipment: +€53,725
- Current portion of long-term debt +€754,742
up €754,742 (+842.2%), from €89,615 to €844,356
- Short-term financial debts -€750,000
no longer reported in 2025 (was €750,000)
- Trade debts +€166,473
up €166,473 (+105.5%), from €157,789 to €324,262
- Reserves -€103,018
down €103,018 (-65.1%), from €158,249 to €55,231
of which Distributable reserves: -€103,018
- Other debts -€99,993
down €99,993 (-66.7%), from €150,000 to €50,007
- Gross operating margin -€468,604
down €468,604 (-66.3%), from €707,013 to €238,408
- Write-downs -€191,907
down €191,907 (-97.6%), from €196,675 to €4,769
- Financial charges -€31,351
down €31,351 (-40.7%), from €77,020 to €45,669
- Staff costs +€7,905
up €7,905 (+3.1%), from €259,069 to €266,974
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 | €1,896,730 | €1,842,691 | -€54,039 | -2.8% |
| Fixed assets | 21/28 | €159,897 | €215,271 | +€55,374 | +34.6% |
| Tangible fixed assets | 22/27 | €156,608 | €209,982 | +€53,374 | +34.1% |
| Land and buildings | 22 | €69,917 | €70,200 | +€283 | +0.4% |
| Plant, machinery and equipment | 23 | €85,298 | €139,023 | +€53,725 | +63.0% |
| Furniture and vehicles | 24 | €1,393 | €759 | -€634 | -45.5% |
| Financial fixed assets | 28 | €3,289 | €5,289 | +€2,000 | +60.8% |
| Current assets | 29/58 | €1,736,833 | €1,627,420 | -€109,413 | -6.3% |
| Stocks and contracts in progress | 3 | €1,189,233 | €1,250,236 | +€61,002 | +5.1% |
| Stocks | 30/36 | €1,189,233 | €1,250,236 | +€61,002 | +5.1% |
| Amounts receivable within one year | 40/41 | €379,923 | €318,323 | -€61,600 | -16.2% |
| Trade receivables | 40 | €67,976 | €79,567 | +€11,591 | +17.1% |
| Other amounts receivable | 41 | €311,947 | €238,756 | -€73,191 | -23.5% |
| Cash at bank and in hand | 54/58 | €167,677 | €58,862 | -€108,815 | -64.9% |
| Total equity and liabilities | 10/49 | €1,896,730 | €1,842,691 | -€54,039 | -2.8% |
| Equity | 10/15 | €532,439 | €405,183 | -€127,256 | -23.9% |
| Contributions | 10/11 | €374,190 | €374,190 | = | 0.0% |
| Capital | 10 | €374,190 | €374,190 | = | 0.0% |
| Issued capital | 100 | €374,190 | €374,190 | = | 0.0% |
| Reserves | 13 | €158,249 | €55,231 | -€103,018 | -65.1% |
| Non-distributable reserves | 130/1 | €37,419 | €37,419 | = | 0.0% |
| Legal reserve | 130 | €37,419 | €37,419 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,812 | €17,812 | = | 0.0% |
| Distributable reserves | 133 | €103,018 | €0 | -€103,018 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€24,238 | -€24,238 | |
| Amounts payable | 17/49 | €1,364,291 | €1,437,509 | +€73,217 | +5.4% |
| Amounts payable after more than one year | 17 | €171,148 | €166,792 | -€4,356 | -2.5% |
| Financial debts | 170/4 | €171,148 | €166,792 | -€4,356 | -2.5% |
| Amounts payable within one year | 42/48 | €1,193,143 | €1,270,716 | +€77,573 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €89,615 | €844,356 | +€754,742 | +842.2% |
| Financial debts | 43 | €750,000 | - | -€750,000 | |
| Credit institutions | 430/8 | €750,000 | - | -€750,000 | |
| Trade debts | 44 | €157,789 | €324,262 | +€166,473 | +105.5% |
| Suppliers | 440/4 | €157,789 | €324,262 | +€166,473 | +105.5% |
| Taxes, remuneration and social security | 45 | €45,739 | €52,091 | +€6,352 | +13.9% |
| Taxes | 450/3 | €6,649 | €18,782 | +€12,133 | +182.5% |
| Remuneration and social security | 454/9 | €39,090 | €33,309 | -€5,782 | -14.8% |
| Other amounts payable | 47/48 | €150,000 | €50,007 | -€99,993 | -66.7% |
| Non-recurring operating income | 76A | €577,753 | €0 | -€577,753 | -100.0% |
| Remuneration, social security and pensions | 62 | €259,069 | €266,974 | +€7,905 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,557 | €26,610 | -€1,947 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €196,675 | €4,769 | -€191,907 | -97.6% |
| Other operating charges | 640/8 | €30,369 | €24,078 | -€6,291 | -20.7% |
| Gross operating margin | 9900 | €707,013 | €238,408 | -€468,604 | -66.3% |
| Operating profit (loss) | 9901 | €192,343 | -€84,022 | -€276,365 | |
| Financial income | 75/76B | €4,561 | €2,457 | -€2,103 | -46.1% |
| Recurring financial income | 75 | €4,561 | €2,457 | -€2,103 | -46.1% |
| Financial charges | 65/66B | €77,020 | €45,669 | -€31,351 | -40.7% |
| Recurring financial charges | 65 | €77,020 | €45,669 | -€31,351 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €119,883 | -€127,234 | -€247,118 | |
| Income taxes | 67/77 | €5,227 | €22 | -€5,206 | -99.6% |
| Profit (loss) for the period | 9904 | €114,656 | -€127,256 | -€241,912 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,656 | -€127,256 | -€241,912 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.