MB PROJECT SOLUTIONS: 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 PROJECT SOLUTIONS
Largest movements
- Cash +€13,111
up €13,111 (+85.7%), from €15,305 to €28,417
mainly Other debts (+€30,000) and Net result for the year (+€22,931)
- Receivables within one year +€8,942
up €8,942 (+33.3%), from €26,863 to €35,805
of which Other amounts receivable: +€13,317
- Intangible fixed assets -€6,102
down €6,102 (-24.8%), from €24,641 to €18,539
- Deferred charges and accrued income +€2,232
up €2,232 (+87.9%), from €2,540 to €4,773
- Tangible fixed assets -€1,919
down €1,919 (-15.6%), from €12,311 to €10,392
of which Furniture and vehicles: -€1,841
- Other debts +€30,000
new in 2025: €30,000
- Tax, wage and social debts -€8,720
down €8,720 (-44.0%), from €19,817 to €11,096
- Reserves -€7,000
down €7,000 (-13.0%), from €54,000 to €47,000
- Trade debts +€2,054
up €2,054 (+50.1%), from €4,101 to €6,155
- Gross operating margin +€7,717
up €7,717 (+26.4%), from €29,200 to €36,917
- Turnover +€5,368
up €5,368 (+4.6%), from €117,909 to €123,277
- Taxes +€4,332
up €4,332 (+222.3%), from €1,949 to €6,281
- Purchases and services -€2,349
down €2,349 (-2.6%), from €88,710 to €86,360
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 | €81,661 | €97,926 | +€16,265 | +19.9% |
| Fixed assets | 21/28 | €36,952 | €28,931 | -€8,021 | -21.7% |
| Intangible fixed assets | 21 | €24,641 | €18,539 | -€6,102 | -24.8% |
| Tangible fixed assets | 22/27 | €12,311 | €10,392 | -€1,919 | -15.6% |
| Furniture and vehicles | 24 | €11,685 | €9,844 | -€1,841 | -15.8% |
| Other tangible fixed assets | 26 | €626 | €548 | -€78 | -12.5% |
| Current assets | 29/58 | €44,709 | €68,995 | +€24,286 | +54.3% |
| Amounts receivable within one year | 40/41 | €26,863 | €35,805 | +€8,942 | +33.3% |
| Trade receivables | 40 | €8,191 | €3,816 | -€4,375 | -53.4% |
| Other amounts receivable | 41 | €18,672 | €31,990 | +€13,317 | +71.3% |
| Cash at bank and in hand | 54/58 | €15,305 | €28,417 | +€13,111 | +85.7% |
| Deferred charges and accrued income | 490/1 | €2,540 | €4,773 | +€2,232 | +87.9% |
| Total equity and liabilities | 10/49 | €81,661 | €97,926 | +€16,265 | +19.9% |
| Equity | 10/15 | €57,744 | €50,675 | -€7,069 | -12.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €47,000 | -€7,000 | -13.0% |
| Distributable reserves | 133 | €54,000 | €47,000 | -€7,000 | -13.0% |
| Profit (loss) carried forward | 14 | €744 | €675 | -€69 | -9.2% |
| Amounts payable | 17/49 | €23,918 | €47,251 | +€23,333 | +97.6% |
| Amounts payable within one year | 42/48 | €23,918 | €47,251 | +€23,333 | +97.6% |
| Trade debts | 44 | €4,101 | €6,155 | +€2,054 | +50.1% |
| Suppliers | 440/4 | €4,101 | €6,155 | +€2,054 | +50.1% |
| Taxes, remuneration and social security | 45 | €19,817 | €11,096 | -€8,720 | -44.0% |
| Taxes | 450/3 | €19,817 | €11,096 | -€8,720 | -44.0% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Turnover | 70 | €117,909 | €123,277 | +€5,368 | +4.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,710 | €86,360 | -€2,349 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,319 | €8,021 | +€702 | +9.6% |
| Other operating charges | 640/8 | €499 | €525 | +€26 | +5.2% |
| Gross operating margin | 9900 | €29,200 | €36,917 | +€7,717 | +26.4% |
| Operating profit (loss) | 9901 | €21,381 | €28,370 | +€6,989 | +32.7% |
| Financial income | 75/76B | €205 | €938 | +€733 | +358.2% |
| Recurring financial income | 75 | €205 | €938 | +€733 | +358.2% |
| Financial charges | 65/66B | €156 | €96 | -€60 | -38.7% |
| Recurring financial charges | 65 | €156 | €96 | -€60 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €21,430 | €29,212 | +€7,782 | +36.3% |
| Income taxes | 67/77 | €1,949 | €6,281 | +€4,332 | +222.3% |
| Profit (loss) for the period | 9904 | €19,481 | €22,931 | +€3,450 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,481 | €22,931 | +€3,450 | +17.7% |
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 5 October 2026 via checked.be.