MBA CONCEPT: 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.
MBA CONCEPT
Largest movements
- Receivables within one year -€128,207
no longer reported in 2025 (was €128,207)
- Stocks and contracts +€6,000
up €6,000 (+6.9%), from €87,468 to €93,468
- Trade debts -€128,664
down €128,664 (-99.6%), from €129,148 to €484
- Other debts +€6,356
up €6,356 (+8.9%), from €71,683 to €78,040
- Gross operating margin +€3,389
up €3,389, from -€1,689 to €1,700
- Other operating charges +€375
new in 2025: €375
- Financial charges -€73
no longer reported in 2025 (was €73)
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.
Cash bridge derived
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 | €218,918 | €97,046 | -€121,873 | -55.7% |
| Fixed assets | 21/28 | €1,620 | €1,200 | -€420 | -25.9% |
| Tangible fixed assets | 22/27 | €420 | - | -€420 | |
| Furniture and vehicles | 24 | €420 | - | -€420 | |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €217,298 | €95,846 | -€121,453 | -55.9% |
| Stocks and contracts in progress | 3 | €87,468 | €93,468 | +€6,000 | +6.9% |
| Stocks | 30/36 | €87,468 | €93,468 | +€6,000 | +6.9% |
| Amounts receivable within one year | 40/41 | €128,207 | - | -€128,207 | |
| Trade receivables | 40 | €128,207 | - | -€128,207 | |
| Cash at bank and in hand | 54/58 | €1,624 | €2,378 | +€754 | +46.4% |
| Total equity and liabilities | 10/49 | €218,918 | €97,046 | -€121,873 | -55.7% |
| Equity | 10/15 | €11,995 | €12,900 | +€905 | +7.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,995 | €2,900 | +€905 | +45.3% |
| Amounts payable | 17/49 | €206,923 | €84,146 | -€122,777 | -59.3% |
| Amounts payable within one year | 42/48 | €206,923 | €84,146 | -€122,777 | -59.3% |
| Trade debts | 44 | €129,148 | €484 | -€128,664 | -99.6% |
| Suppliers | 440/4 | €129,148 | €484 | -€128,664 | -99.6% |
| Taxes, remuneration and social security | 45 | €6,091 | €5,622 | -€469 | -7.7% |
| Taxes | 450/3 | €2,339 | €5,622 | +€3,283 | +140.3% |
| Remuneration and social security | 454/9 | €3,752 | - | -€3,752 | |
| Other amounts payable | 47/48 | €71,683 | €78,040 | +€6,356 | +8.9% |
| Other operating charges | 640/8 | - | €375 | +€375 | |
| Non-recurring operating charges | 66A | - | €420 | +€420 | |
| Gross operating margin | 9900 | -€1,689 | €1,700 | +€3,389 | |
| Operating profit (loss) | 9901 | -€1,689 | €905 | +€2,593 | |
| Financial charges | 65/66B | €73 | - | -€73 | |
| Recurring financial charges | 65 | €73 | - | -€73 | |
| Profit (loss) for the period before taxes | 9903 | -€1,762 | €905 | +€2,667 | |
| Profit (loss) for the period | 9904 | -€1,762 | €905 | +€2,667 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,762 | €905 | +€2,667 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.