MB4 CONSULTING: 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.
MB4 CONSULTING
Largest movements
- Deferred charges and accrued income +€16,145
new in 2025: €16,145
- Tangible fixed assets -€7,568
down €7,568 (-43.7%), from €17,304 to €9,736
- Receivables within one year -€5,614
down €5,614 (-12.7%), from €44,140 to €38,525
of which Trade receivables: -€9,505
- Cash +€4,832
up €4,832 (+866%), from €558 to €5,390
mainly Debts after one year (+€19,380) and Depreciation (+€9,578)
- Intangible fixed assets -€730
down €730 (-25.0%), from €2,920 to €2,190
- Other debts -€20,743
down €20,743 (-53.9%), from €38,497 to €17,754
- Debts after one year +€19,380
up €19,380 (+215%), from €9,000 to €28,380
- Current portion of long-term debt +€7,059
new in 2025: €7,059
- Trade debts -€3,891
no longer reported in 2025 (was €3,891)
- Tax, wage and social debts +€3,455
up €3,455 (+71.0%), from €4,866 to €8,321
- Gross operating margin -€16,162
down €16,162 (-71.9%), from €22,481 to €6,318
- Financial income +€12,920
new in 2025: €12,920
- Staff costs +€3,889
new in 2025: €3,889
- Taxes -€3,351
down €3,351 (-86.6%), from €3,869 to €518
- Financial charges +€2,835
up €2,835 (+247%), from €1,148 to €3,983
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 | €65,754 | €72,896 | +€7,143 | +10.9% |
| Formation expenses | 20 | €832 | €547 | -€285 | -34.3% |
| Fixed assets | 21/28 | €20,224 | €12,289 | -€7,935 | -39.2% |
| Intangible fixed assets | 21 | €2,920 | €2,190 | -€730 | -25.0% |
| Tangible fixed assets | 22/27 | €17,304 | €9,736 | -€7,568 | -43.7% |
| Furniture and vehicles | 24 | €17,304 | €9,736 | -€7,568 | -43.7% |
| Financial fixed assets | 28 | - | €363 | +€363 | |
| Current assets | 29/58 | €44,697 | €60,060 | +€15,363 | +34.4% |
| Amounts receivable within one year | 40/41 | €44,140 | €38,525 | -€5,614 | -12.7% |
| Trade receivables | 40 | €17,484 | €7,978 | -€9,505 | -54.4% |
| Other amounts receivable | 41 | €26,656 | €30,547 | +€3,891 | +14.6% |
| Cash at bank and in hand | 54/58 | €558 | €5,390 | +€4,832 | +866% |
| Deferred charges and accrued income | 490/1 | - | €16,145 | +€16,145 | |
| Total equity and liabilities | 10/49 | €65,754 | €72,896 | +€7,143 | +10.9% |
| Equity | 10/15 | €9,499 | €11,383 | +€1,884 | +19.8% |
| Contributions | 10/11 | - | €1,500 | +€1,500 | |
| Reserves | 13 | €9,499 | €9,883 | +€384 | +4.0% |
| Distributable reserves | 133 | €9,499 | €9,883 | +€384 | +4.0% |
| Amounts payable | 17/49 | €56,254 | €61,513 | +€5,259 | +9.3% |
| Amounts payable after more than one year | 17 | €9,000 | €28,380 | +€19,380 | +215% |
| Financial debts | 170/4 | €9,000 | €28,380 | +€19,380 | +215% |
| Amounts payable within one year | 42/48 | €47,254 | €33,133 | -€14,121 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,059 | +€7,059 | |
| Trade debts | 44 | €3,891 | - | -€3,891 | |
| Suppliers | 440/4 | €3,891 | - | -€3,891 | |
| Taxes, remuneration and social security | 45 | €4,866 | €8,321 | +€3,455 | +71.0% |
| Taxes | 450/3 | €4,866 | €8,321 | +€3,455 | +71.0% |
| Other amounts payable | 47/48 | €38,497 | €17,754 | -€20,743 | -53.9% |
| Remuneration, social security and pensions | 62 | - | €3,889 | +€3,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | €9,578 | +€866 | +9.9% |
| Other operating charges | 640/8 | €1,194 | €888 | -€306 | -25.6% |
| Gross operating margin | 9900 | €22,481 | €6,318 | -€16,162 | -71.9% |
| Operating profit (loss) | 9901 | €12,576 | -€8,036 | -€20,612 | |
| Financial income | 75/76B | - | €12,920 | +€12,920 | |
| Recurring financial income | 75 | - | €12,920 | +€12,920 | |
| Financial charges | 65/66B | €1,148 | €3,983 | +€2,835 | +247% |
| Recurring financial charges | 65 | €1,148 | €3,983 | +€2,835 | +247% |
| Profit (loss) for the period before taxes | 9903 | €11,428 | €902 | -€10,527 | -92.1% |
| Income taxes | 67/77 | €3,869 | €518 | -€3,351 | -86.6% |
| Profit (loss) for the period | 9904 | €7,559 | €384 | -€7,176 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,559 | €384 | -€7,176 | -94.9% |
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 14 October 2026 via checked.be.