MB Promotion: 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 Promotion
Largest movements
- Cash -€3.6m
down €3.6m (-98.5%), from €3.7m to €53,577
mainly Receivables within one year (-€3.1m) and Contributions, distributions and other (-€1.4m)
- Receivables within one year +€3.1m
up €3.1m (+1018813.4%), from €305 to €3.1m
of which Other amounts receivable: +€2.8m
- Other debts -€237,000
down €237,000 (-100.0%), from €237,000 to €0
- Tax, wage and social debts -€174,395
down €174,395 (-39.6%), from €439,927 to €265,531
- Reserves -€150,236
down €150,236 (-5.1%), from €2.9m to €2.8m
of which Distributable reserves: -€148,236
- Advances received +€62,380
up €62,380 (+321.5%), from €19,400 to €81,780
- Turnover -€6.0m
no longer reported in 2024 (was €6.0m)
- Purchases and services -€2.9m
no longer reported in 2024 (was €2.9m)
- Gross operating margin -€1.6m
down €1.6m (-50.1%), from €3.1m to €1.6m
- Taxes -€378,856
down €378,856 (-48.2%), from €786,539 to €407,683
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,659,913 | €3,160,447 | -€499,465 | -13.6% |
| Current assets | 29/58 | €3,659,913 | €3,160,447 | -€499,465 | -13.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €305 | €3,106,871 | +€3.1m | +1018813.4% |
| Trade receivables | 40 | €305 | €332,309 | +€332,004 | +108882.4% |
| Other amounts receivable | 41 | €0 | €2,774,561 | +€2.8m | |
| Cash at bank and in hand | 54/58 | €3,659,608 | €53,577 | -€3.6m | -98.5% |
| Total equity and liabilities | 10/49 | €3,659,913 | €3,160,447 | -€499,465 | -13.6% |
| Equity | 10/15 | €2,962,905 | €2,812,669 | -€150,236 | -5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,942,905 | €2,792,669 | -€150,236 | -5.1% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Other | 1319 | €2,000 | - | -€2,000 | |
| Tax-exempt reserves | 132 | €1,582,960 | €1,582,960 | = | 0.0% |
| Distributable reserves | 133 | €1,357,945 | €1,209,709 | -€148,236 | -10.9% |
| Amounts payable | 17/49 | €697,008 | €347,778 | -€349,230 | -50.1% |
| Amounts payable within one year | 42/48 | €696,803 | €347,595 | -€349,208 | -50.1% |
| Trade debts | 44 | €477 | €284 | -€193 | -40.4% |
| Suppliers | 440/4 | €477 | €284 | -€193 | -40.4% |
| Advances received on contracts in progress | 46 | €19,400 | €81,780 | +€62,380 | +321.5% |
| Taxes, remuneration and social security | 45 | €439,927 | €265,531 | -€174,395 | -39.6% |
| Taxes | 450/3 | €439,927 | €265,531 | -€174,395 | -39.6% |
| Other amounts payable | 47/48 | €237,000 | €0 | -€237,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €204 | €183 | -€22 | -10.5% |
| Turnover | 70 | €6,000,426 | - | -€6.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,886,373 | - | -€2.9m | |
| Other operating charges | 640/8 | €160 | €298 | +€138 | +86.2% |
| Gross operating margin | 9900 | €3,143,370 | €1,569,631 | -€1.6m | -50.1% |
| Operating profit (loss) | 9901 | €3,143,210 | €1,569,333 | -€1.6m | -50.1% |
| Financial income | 75/76B | - | €38,867 | +€38,867 | |
| Recurring financial income | 75 | - | €38,867 | +€38,867 | |
| Financial charges | 65/66B | €955 | €753 | -€203 | -21.2% |
| Recurring financial charges | 65 | €955 | €753 | -€203 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €3,142,255 | €1,607,447 | -€1.5m | -48.8% |
| Income taxes | 67/77 | €786,539 | €407,683 | -€378,856 | -48.2% |
| Profit (loss) for the period | 9904 | €2,355,715 | €1,199,764 | -€1.2m | -49.1% |
| Transfer to tax-exempt reserves | 689 | €997,770 | - | -€997,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,357,945 | €1,199,764 | -€158,181 | -11.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.