MB Net: 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 Net
Largest movements
- Tangible fixed assets +€92,973
up €92,973 (+394.7%), from €23,553 to €116,526
of which Furniture and vehicles: +€94,666
- Receivables within one year +€7,925
up €7,925 (+134.9%), from €5,874 to €13,799
of which Trade receivables: +€10,864
- Cash +€6,612
up €6,612 (+17.8%), from €37,075 to €43,687
mainly Net result for the year (+€81,283) and Tax, wage and social debts (+€26,625)
- Profit (loss) carried forward +€81,283
up €81,283 (+133.5%), from €60,905 to €142,188
- Tax, wage and social debts +€26,625
up €26,625 (+1052.0%), from €2,531 to €29,156
- Turnover -€220,987
no longer reported in 2025 (was €220,987)
- Purchases and services -€137,438
no longer reported in 2025 (was €137,438)
- Gross operating margin +€33,583
up €33,583 (+39.9%), from €84,173 to €117,756
- Depreciation +€8,771
up €8,771 (+143.1%), from €6,130 to €14,901
- Taxes +€3,645
up €3,645 (+21.5%), from €16,933 to €20,578
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 | €66,502 | €174,344 | +€107,842 | +162.2% |
| Fixed assets | 21/28 | €23,553 | €116,526 | +€92,973 | +394.7% |
| Tangible fixed assets | 22/27 | €23,553 | €116,526 | +€92,973 | +394.7% |
| Plant, machinery and equipment | 23 | €5,604 | €3,911 | -€1,693 | -30.2% |
| Furniture and vehicles | 24 | €17,949 | €112,615 | +€94,666 | +527.4% |
| Current assets | 29/58 | €42,949 | €57,818 | +€14,869 | +34.6% |
| Amounts receivable within one year | 40/41 | €5,874 | €13,799 | +€7,925 | +134.9% |
| Trade receivables | 40 | - | €10,864 | +€10,864 | |
| Other amounts receivable | 41 | €5,874 | €2,935 | -€2,939 | -50.0% |
| Cash at bank and in hand | 54/58 | €37,075 | €43,687 | +€6,612 | +17.8% |
| Deferred charges and accrued income | 490/1 | - | €332 | +€332 | |
| Total equity and liabilities | 10/49 | €66,502 | €174,344 | +€107,842 | +162.2% |
| Equity | 10/15 | €63,905 | €145,188 | +€81,283 | +127.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,905 | €142,188 | +€81,283 | +133.5% |
| Amounts payable | 17/49 | €2,597 | €29,156 | +€26,559 | +1022.7% |
| Amounts payable within one year | 42/48 | €2,597 | €29,156 | +€26,559 | +1022.7% |
| Trade debts | 44 | €66 | - | -€66 | |
| Suppliers | 440/4 | €66 | - | -€66 | |
| Taxes, remuneration and social security | 45 | €2,531 | €29,156 | +€26,625 | +1052.0% |
| Taxes | 450/3 | €2,531 | €29,156 | +€26,625 | +1052.0% |
| Turnover | 70 | €220,987 | - | -€220,987 | |
| Goods, raw materials, services and sundry goods | 60/61 | €137,438 | - | -€137,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,130 | €14,901 | +€8,771 | +143.1% |
| Other operating charges | 640/8 | €238 | €1,052 | +€814 | +341.9% |
| Gross operating margin | 9900 | €84,173 | €117,756 | +€33,583 | +39.9% |
| Operating profit (loss) | 9901 | €77,805 | €101,803 | +€23,998 | +30.8% |
| Financial income | 75/76B | €130 | €198 | +€68 | +52.6% |
| Recurring financial income | 75 | €130 | €198 | +€68 | +52.6% |
| Financial charges | 65/66B | €97 | €141 | +€44 | +45.2% |
| Recurring financial charges | 65 | €97 | €141 | +€44 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €77,838 | €101,860 | +€24,022 | +30.9% |
| Income taxes | 67/77 | €16,933 | €20,578 | +€3,645 | +21.5% |
| Profit (loss) for the period | 9904 | €60,905 | €81,283 | +€20,378 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,905 | €81,283 | +€20,378 | +33.5% |
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 9 October 2026 via checked.be.