MB SPEEDFIT: 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 SPEEDFIT
Largest movements
- Receivables within one year +€322,025
up €322,025 (+895%), from €35,993 to €358,018
of which Trade receivables: +€295,969
- Tangible fixed assets -€16,547
down €16,547 (-42.8%), from €38,702 to €22,155
of which Leasing and similar rights: -€19,553
- Cash -€14,368
down €14,368 (-71.1%), from €20,199 to €5,831
mainly Contributions, distributions and other (-€346,114) and Receivables within one year (-€322,025)
- Deferred charges and accrued income +€9,892
up €9,892 (+633%), from €1,563 to €11,455
- Accrued charges and deferred income +€155,869
up €155,869 (+18,205%), from €856 to €156,725
- Other debts +€152,150
up €152,150 (+1,144%), from €13,300 to €165,450
- Debts after one year -€18,628
no longer reported in 2024 (was €18,628)
- Revaluation surpluses +€9,440
new in 2024: €9,440
- Trade debts +€8,292
up €8,292 (+77.4%), from €10,712 to €19,004
- Turnover +€422,268
new in 2024: €422,268
- Gross operating margin +€372,283
up €372,283 (+1,831%), from €20,328 to €392,611
- Purchases and services +€29,657
new in 2024: €29,657
- Staff costs +€19,184
up €19,184 (+230%), from €8,340 to €27,524
- Depreciation +€6,516
up €6,516 (+109%), from €5,966 to €12,482
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.
Derived cash bridge
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 | €96,696 | €397,459 | +€300,763 | +311% |
| Fixed assets | 21/28 | €38,942 | €22,155 | -€16,787 | -43.1% |
| Tangible fixed assets | 22/27 | €38,702 | €22,155 | -€16,547 | -42.8% |
| Plant, machinery and equipment | 23 | €7,775 | €755 | -€7,020 | -90.3% |
| Furniture and vehicles | 24 | €5,432 | €16,458 | +€11,026 | +203% |
| Leasing and similar rights | 25 | €24,495 | €4,942 | -€19,553 | -79.8% |
| Assets under construction and advance payments | 27 | €1,000 | - | -€1,000 | |
| Financial fixed assets | 28 | €240 | - | -€240 | |
| Current assets | 29/58 | €57,754 | €375,304 | +€317,550 | +550% |
| Amounts receivable within one year | 40/41 | €35,993 | €358,018 | +€322,025 | +895% |
| Trade receivables | 40 | €19,937 | €315,906 | +€295,969 | +1,484% |
| Other amounts receivable | 41 | €16,055 | €42,112 | +€26,057 | +162% |
| Cash at bank and in hand | 54/58 | €20,199 | €5,831 | -€14,368 | -71.1% |
| Deferred charges and accrued income | 490/1 | €1,563 | €11,455 | +€9,892 | +633% |
| Total equity and liabilities | 10/49 | €96,696 | €397,459 | +€300,763 | +311% |
| Equity | 10/15 | €23,424 | €29,420 | +€5,996 | +25.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €9,440 | +€9,440 | |
| Reserves | 13 | €8,865 | €8,865 | -€0 | 0.0% |
| Distributable reserves | 133 | €8,865 | €8,865 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €12,559 | €9,115 | -€3,444 | -27.4% |
| Amounts payable | 17/49 | €73,272 | €368,039 | +€294,767 | +402% |
| Amounts payable after more than one year | 17 | €18,628 | - | -€18,628 | |
| Financial debts | 170/4 | €18,628 | - | -€18,628 | |
| Amounts payable within one year | 42/48 | €53,788 | €211,314 | +€157,526 | +293% |
| Current portion of amounts payable after more than one year | 42 | €3,948 | - | -€3,948 | |
| Trade debts | 44 | €10,712 | €19,004 | +€8,292 | +77.4% |
| Suppliers | 440/4 | €10,712 | €19,004 | +€8,292 | +77.4% |
| Taxes, remuneration and social security | 45 | €25,827 | €26,860 | +€1,033 | +4.0% |
| Taxes | 450/3 | €21,328 | €2,203 | -€19,125 | -89.7% |
| Remuneration and social security | 454/9 | €4,499 | €24,657 | +€20,158 | +448% |
| Other amounts payable | 47/48 | €13,300 | €165,450 | +€152,150 | +1,144% |
| Accrued charges and deferred income | 492/3 | €856 | €156,725 | +€155,869 | +18,205% |
| Turnover | 70 | - | €422,268 | +€422,268 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €29,657 | +€29,657 | |
| Remuneration, social security and pensions | 62 | €8,340 | €27,524 | +€19,184 | +230% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,966 | €12,482 | +€6,516 | +109% |
| Other operating charges | 640/8 | €4,953 | €312 | -€4,641 | -93.7% |
| Gross operating margin | 9900 | €20,328 | €392,611 | +€372,283 | +1,831% |
| Operating profit (loss) | 9901 | €1,070 | €352,293 | +€351,223 | +32,836% |
| Financial income | 75/76B | €102 | - | -€102 | |
| Recurring financial income | 75 | €102 | - | -€102 | |
| Financial charges | 65/66B | €3,120 | €183 | -€2,937 | -94.1% |
| Recurring financial charges | 65 | €3,120 | €183 | -€2,937 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,949 | €352,110 | +€354,059 | |
| Income taxes | 67/77 | €2,472 | - | -€2,472 | |
| Profit (loss) for the period | 9904 | -€4,421 | €352,110 | +€356,531 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,421 | €352,110 | +€356,531 |
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 28 October 2026 via checked.be.