MB-Services: 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-Services
Largest movements
- Tangible fixed assets +€19,980
up €19,980 (+42.1%), from €47,483 to €67,463
of which Leasing and similar rights: +€18,291
- Cash +€7,998
up €7,998 (+47.1%), from €16,988 to €24,986
mainly Depreciation (+€24,358) and Debts after one year (+€12,702)
- Receivables within one year -€2,227
down €2,227 (-3.0%), from €73,722 to €71,495
of which Trade receivables: -€7,866
- Debts after one year +€12,702
up €12,702 (+53.2%), from €23,872 to €36,574
- Current portion of long-term debt +€7,187
up €7,187 (+82.8%), from €8,675 to €15,863
- Reserves +€6,809
up €6,809 (+14.6%), from €46,623 to €53,432
- Tax, wage and social debts +€4,532
up €4,532 (+25.3%), from €17,913 to €22,446
- Other debts -€3,747
no longer reported in 2024 (was €3,747)
- Turnover -€262,576
no longer reported in 2024 (was €262,576)
- Purchases and services -€188,954
no longer reported in 2024 (was €188,954)
- Gross operating margin -€23,338
down €23,338 (-31.6%), from €73,838 to €50,500
- Depreciation +€13,298
up €13,298 (+120.2%), from €11,060 to €24,358
- Taxes -€6,564
down €6,564 (-46.0%), from €14,262 to €7,698
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 | €138,305 | €163,944 | +€25,638 | +18.5% |
| Fixed assets | 21/28 | €47,483 | €67,463 | +€19,980 | +42.1% |
| Tangible fixed assets | 22/27 | €47,483 | €67,463 | +€19,980 | +42.1% |
| Plant, machinery and equipment | 23 | €5,579 | €6,801 | +€1,222 | +21.9% |
| Furniture and vehicles | 24 | €6,159 | €6,626 | +€467 | +7.6% |
| Leasing and similar rights | 25 | €35,745 | €54,036 | +€18,291 | +51.2% |
| Current assets | 29/58 | €90,822 | €96,481 | +€5,659 | +6.2% |
| Amounts receivable within one year | 40/41 | €73,722 | €71,495 | -€2,227 | -3.0% |
| Trade receivables | 40 | €60,380 | €52,514 | -€7,866 | -13.0% |
| Other amounts receivable | 41 | €13,342 | €18,981 | +€5,639 | +42.3% |
| Cash at bank and in hand | 54/58 | €16,988 | €24,986 | +€7,998 | +47.1% |
| Deferred charges and accrued income | 490/1 | €112 | - | -€112 | |
| Total equity and liabilities | 10/49 | €138,305 | €163,944 | +€25,638 | +18.5% |
| Equity | 10/15 | €72,237 | €79,046 | +€6,809 | +9.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €46,623 | €53,432 | +€6,809 | +14.6% |
| Distributable reserves | 133 | €46,623 | €53,432 | +€6,809 | +14.6% |
| Profit (loss) carried forward | 14 | €24,114 | €24,114 | = | 0.0% |
| Amounts payable | 17/49 | €66,069 | €84,898 | +€18,829 | +28.5% |
| Amounts payable after more than one year | 17 | €23,872 | €36,574 | +€12,702 | +53.2% |
| Financial debts | 170/4 | €23,872 | €36,574 | +€12,702 | +53.2% |
| Amounts payable within one year | 42/48 | €42,197 | €48,324 | +€6,127 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €8,675 | €15,863 | +€7,187 | +82.8% |
| Trade debts | 44 | €11,861 | €10,016 | -€1,845 | -15.6% |
| Suppliers | 440/4 | €11,861 | €10,016 | -€1,845 | -15.6% |
| Taxes, remuneration and social security | 45 | €17,913 | €22,446 | +€4,532 | +25.3% |
| Taxes | 450/3 | €17,913 | €22,446 | +€4,532 | +25.3% |
| Other amounts payable | 47/48 | €3,747 | - | -€3,747 | |
| Turnover | 70 | €262,576 | - | -€262,576 | |
| Non-recurring operating income | 76A | €216 | - | -€216 | |
| Goods, raw materials, services and sundry goods | 60/61 | €188,954 | - | -€188,954 | |
| Remuneration, social security and pensions | 62 | €3,825 | - | -€3,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,060 | €24,358 | +€13,298 | +120.2% |
| Other operating charges | 640/8 | €1,097 | €1,065 | -€32 | -2.9% |
| Non-recurring operating charges | 66A | - | €8,179 | +€8,179 | |
| Gross operating margin | 9900 | €73,838 | €50,500 | -€23,338 | -31.6% |
| Operating profit (loss) | 9901 | €57,856 | €16,899 | -€40,957 | -70.8% |
| Financial income | 75/76B | €10 | €1,319 | +€1,310 | +13417.8% |
| Recurring financial income | 75 | €10 | €1,319 | +€1,310 | +13417.8% |
| Financial charges | 65/66B | €1,980 | €3,710 | +€1,730 | +87.4% |
| Recurring financial charges | 65 | €1,980 | €3,710 | +€1,730 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €55,886 | €14,508 | -€41,378 | -74.0% |
| Income taxes | 67/77 | €14,262 | €7,698 | -€6,564 | -46.0% |
| Profit (loss) for the period | 9904 | €41,623 | €6,809 | -€34,814 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,623 | €6,809 | -€34,814 | -83.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.