MB NIVELLES: 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 NIVELLES
Largest movements
- Cash +€24,217
up €24,217 (+426%), from €5,688 to €29,905
mainly Other debts (+€32,831) and Depreciation (+€3,942)
- Intangible fixed assets -€2,500
down €2,500 (-51.6%), from €4,849 to €2,349
- Receivables within one year -€1,758
down €1,758 (-30.6%), from €5,737 to €3,979
of which Trade receivables: -€1,777
- Tangible fixed assets -€908
down €908 (-29.2%), from €3,105 to €2,197
- Formation expenses -€534
down €534 (-50.8%), from €1,053 to €519
- Other debts +€32,831
up €32,831 (+50.3%), from €65,238 to €98,070
- Profit (loss) carried forward -€8,466
down €8,466 (-15.3%), from -€55,317 to -€63,782
- Tax, wage and social debts -€4,597
no longer reported in 2025 (was €4,597)
- Trade debts -€1,252
down €1,252 (-41.2%), from €3,038 to €1,787
- Gross operating margin +€7,854
up €7,854 (+78.4%), from -€10,019 to -€2,165
- Staff costs -€4,540
no longer reported in 2025 (was €4,540)
- Other operating charges -€1,426
down €1,426 (-50.0%), from €2,855 to €1,428
- Financial charges +€277
up €277 (+42.3%), from €654 to €931
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 | €20,556 | €39,074 | +€18,517 | +90.1% |
| Formation expenses | 20 | €1,053 | €519 | -€534 | -50.8% |
| Fixed assets | 21/28 | €8,079 | €4,671 | -€3,408 | -42.2% |
| Intangible fixed assets | 21 | €4,849 | €2,349 | -€2,500 | -51.6% |
| Tangible fixed assets | 22/27 | €3,105 | €2,197 | -€908 | -29.2% |
| Plant, machinery and equipment | 23 | €3,105 | €2,197 | -€908 | -29.2% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €11,425 | €33,884 | +€22,460 | +197% |
| Amounts receivable within one year | 40/41 | €5,737 | €3,979 | -€1,758 | -30.6% |
| Trade receivables | 40 | €5,737 | €3,960 | -€1,777 | -31.0% |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Cash at bank and in hand | 54/58 | €5,688 | €29,905 | +€24,217 | +426% |
| Total equity and liabilities | 10/49 | €20,556 | €39,074 | +€18,517 | +90.1% |
| Equity | 10/15 | -€52,317 | -€60,782 | -€8,466 | -16.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,317 | -€63,782 | -€8,466 | -15.3% |
| Amounts payable | 17/49 | €72,873 | €99,856 | +€26,983 | +37.0% |
| Amounts payable within one year | 42/48 | €72,873 | €99,856 | +€26,983 | +37.0% |
| Trade debts | 44 | €3,038 | €1,787 | -€1,252 | -41.2% |
| Suppliers | 440/4 | €3,038 | €1,787 | -€1,252 | -41.2% |
| Taxes, remuneration and social security | 45 | €4,597 | - | -€4,597 | |
| Taxes | 450/3 | €4,597 | - | -€4,597 | |
| Other amounts payable | 47/48 | €65,238 | €98,070 | +€32,831 | +50.3% |
| Remuneration, social security and pensions | 62 | €4,540 | - | -€4,540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,942 | €3,942 | = | 0.0% |
| Other operating charges | 640/8 | €2,855 | €1,428 | -€1,426 | -50.0% |
| Gross operating margin | 9900 | -€10,019 | -€2,165 | +€7,854 | +78.4% |
| Operating profit (loss) | 9901 | -€21,356 | -€7,535 | +€13,821 | +64.7% |
| Financial charges | 65/66B | €654 | €931 | +€277 | +42.3% |
| Recurring financial charges | 65 | €654 | €931 | +€277 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,010 | -€8,466 | +€13,544 | +61.5% |
| Profit (loss) for the period | 9904 | -€22,010 | -€8,466 | +€13,544 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,010 | -€8,466 | +€13,544 | +61.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.