MB Skills: 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 Skills
Largest movements
- Cash +€68,844
up €68,844 (+160%), from €43,151 to €111,995
mainly Net result for the year (+€110,192) and Tax, wage and social debts (+€34,564)
- Receivables within one year +€38,960
up €38,960 (+49.5%), from €78,744 to €117,704
of which Trade receivables: +€56,550
- Tangible fixed assets +€29,349
up €29,349 (+343%), from €8,551 to €37,900
of which Furniture and vehicles: +€23,725
- Profit (loss) carried forward +€80,192
up €80,192 (+141%), from €56,856 to €137,048
- Tax, wage and social debts +€34,564
up €34,564 (+89.7%), from €38,549 to €73,113
of which Taxes: +€20,886
- Trade debts +€15,444
up €15,444 (+334%), from €4,629 to €20,073
- Gross operating margin +€150,208
up €150,208 (+104%), from €144,864 to €295,072
- Staff costs +€63,201
up €63,201 (+82.7%), from €76,439 to €139,640
- Taxes +€23,904
up €23,904 (+189%), from €12,670 to €36,574
- Depreciation -€3,700
down €3,700 (-34.8%), from €10,630 to €6,930
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 | €131,534 | €268,630 | +€137,096 | +104% |
| Fixed assets | 21/28 | €8,551 | €38,400 | +€29,849 | +349% |
| Tangible fixed assets | 22/27 | €8,551 | €37,900 | +€29,349 | +343% |
| Plant, machinery and equipment | 23 | €4,807 | €10,886 | +€6,079 | +126% |
| Furniture and vehicles | 24 | €1,694 | €25,419 | +€23,725 | +1,401% |
| Other tangible fixed assets | 26 | €2,050 | €1,595 | -€455 | -22.2% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €122,983 | €230,230 | +€107,247 | +87.2% |
| Amounts receivable within one year | 40/41 | €78,744 | €117,704 | +€38,960 | +49.5% |
| Trade receivables | 40 | €55,330 | €111,880 | +€56,550 | +102% |
| Other amounts receivable | 41 | €23,414 | €5,824 | -€17,590 | -75.1% |
| Cash at bank and in hand | 54/58 | €43,151 | €111,995 | +€68,844 | +160% |
| Deferred charges and accrued income | 490/1 | €1,088 | €531 | -€557 | -51.2% |
| Total equity and liabilities | 10/49 | €131,534 | €268,630 | +€137,096 | +104% |
| Equity | 10/15 | €60,856 | €141,048 | +€80,192 | +132% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,856 | €137,048 | +€80,192 | +141% |
| Amounts payable | 17/49 | €70,678 | €127,582 | +€56,904 | +80.5% |
| Amounts payable after more than one year | 17 | - | €2,642 | +€2,642 | |
| Financial debts | 170/4 | - | €2,642 | +€2,642 | |
| Amounts payable within one year | 42/48 | €70,678 | €124,940 | +€54,262 | +76.8% |
| Current portion of amounts payable after more than one year | 42 | - | €1,751 | +€1,751 | |
| Trade debts | 44 | €4,629 | €20,073 | +€15,444 | +334% |
| Suppliers | 440/4 | €4,629 | €20,073 | +€15,444 | +334% |
| Taxes, remuneration and social security | 45 | €38,549 | €73,113 | +€34,564 | +89.7% |
| Taxes | 450/3 | €32,628 | €53,514 | +€20,886 | +64.0% |
| Remuneration and social security | 454/9 | €5,921 | €19,599 | +€13,678 | +231% |
| Other amounts payable | 47/48 | €27,500 | €30,003 | +€2,503 | +9.1% |
| Remuneration, social security and pensions | 62 | €76,439 | €139,640 | +€63,201 | +82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,630 | €6,930 | -€3,700 | -34.8% |
| Other operating charges | 640/8 | €920 | €842 | -€78 | -8.5% |
| Non-recurring operating charges | 66A | €486 | €790 | +€304 | +62.6% |
| Gross operating margin | 9900 | €144,864 | €295,072 | +€150,208 | +104% |
| Operating profit (loss) | 9901 | €56,389 | €146,870 | +€90,481 | +160% |
| Financial income | 75/76B | €1,088 | €530 | -€558 | -51.3% |
| Recurring financial income | 75 | €1,088 | €530 | -€558 | -51.3% |
| Financial charges | 65/66B | €1,123 | €634 | -€489 | -43.5% |
| Recurring financial charges | 65 | €1,123 | €634 | -€489 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €56,354 | €146,766 | +€90,412 | +160% |
| Income taxes | 67/77 | €12,670 | €36,574 | +€23,904 | +189% |
| Profit (loss) for the period | 9904 | €43,684 | €110,192 | +€66,508 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €43,684 | €110,192 | +€66,508 | +152% |
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 1 November 2026 via checked.be.