MBA CONSULTANTS: 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.
MBA CONSULTANTS
Largest movements
- Cash +€56,607
up €56,607 (+47.4%), from €119,510 to €176,118
mainly Net result for the year (+€83,094) and Receivables after one year (+€29,899)
- Receivables after one year -€29,899
down €29,899 (-74.7%), from €40,040 to €10,141
- Receivables within one year +€16,486
up €16,486 (+111%), from €14,877 to €31,362
- Profit (loss) carried forward +€50,739
up €50,739 (+80.1%), from -€63,345 to -€12,606
- Reserves -€19,800
down €19,800 (-11.0%), from €179,902 to €160,102
of which Distributable reserves: -€19,800
- Trade debts +€8,144
up €8,144 (+912%), from €893 to €9,036
- Tax, wage and social debts +€2,333
up €2,333 (+6.3%), from €37,256 to €39,588
- Gross operating margin +€27,833
up €27,833 (+30.9%), from €90,197 to €118,030
- Taxes +€22,640
up €22,640 (+196%), from €11,563 to €34,204
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 | €179,206 | €220,621 | +€41,416 | +23.1% |
| Fixed assets | 21/28 | €4,778 | €3,000 | -€1,778 | -37.2% |
| Tangible fixed assets | 22/27 | €4,778 | €3,000 | -€1,778 | -37.2% |
| Land and buildings | 22 | €4,200 | €3,000 | -€1,200 | -28.6% |
| Furniture and vehicles | 24 | €578 | - | -€578 | |
| Current assets | 29/58 | €174,427 | €217,621 | +€43,194 | +24.8% |
| Amounts receivable after more than one year | 29 | €40,040 | €10,141 | -€29,899 | -74.7% |
| Other amounts receivable | 291 | €40,040 | €10,141 | -€29,899 | -74.7% |
| Amounts receivable within one year | 40/41 | €14,877 | €31,362 | +€16,486 | +111% |
| Other amounts receivable | 41 | €14,877 | €31,362 | +€16,486 | +111% |
| Cash at bank and in hand | 54/58 | €119,510 | €176,118 | +€56,607 | +47.4% |
| Total equity and liabilities | 10/49 | €179,206 | €220,621 | +€41,416 | +23.1% |
| Equity | 10/15 | €138,557 | €169,497 | +€30,939 | +22.3% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €179,902 | €160,102 | -€19,800 | -11.0% |
| Tax-exempt reserves | 132 | €49,802 | €49,802 | = | 0.0% |
| Distributable reserves | 133 | €130,100 | €110,300 | -€19,800 | -15.2% |
| Profit (loss) carried forward | 14 | -€63,345 | -€12,606 | +€50,739 | +80.1% |
| Provisions and deferred taxes | 16 | €2,500 | €2,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €2,500 | = | 0.0% |
| Major repairs and maintenance | 162 | - | €2,500 | +€2,500 | |
| Environmental obligations | 163 | €2,500 | - | -€2,500 | |
| Amounts payable | 17/49 | €38,148 | €48,624 | +€10,476 | +27.5% |
| Amounts payable within one year | 42/48 | €38,148 | €48,624 | +€10,476 | +27.5% |
| Trade debts | 44 | €893 | €9,036 | +€8,144 | +912% |
| Suppliers | 440/4 | €893 | €9,036 | +€8,144 | +912% |
| Taxes, remuneration and social security | 45 | €37,256 | €39,588 | +€2,333 | +6.3% |
| Taxes | 450/3 | €37,256 | €39,588 | +€2,333 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,894 | €1,778 | -€116 | -6.1% |
| Other operating charges | 640/8 | €370 | €289 | -€81 | -21.9% |
| Gross operating margin | 9900 | €90,197 | €118,030 | +€27,833 | +30.9% |
| Operating profit (loss) | 9901 | €87,933 | €115,963 | +€28,030 | +31.9% |
| Financial income | 75/76B | €1,372 | €1,856 | +€484 | +35.3% |
| Recurring financial income | 75 | €1,372 | €1,856 | +€484 | +35.3% |
| Financial charges | 65/66B | €373 | €520 | +€147 | +39.5% |
| Recurring financial charges | 65 | €373 | €520 | +€147 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €88,931 | €117,298 | +€28,367 | +31.9% |
| Income taxes | 67/77 | €11,563 | €34,204 | +€22,640 | +196% |
| Profit (loss) for the period | 9904 | €77,368 | €83,094 | +€5,726 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,368 | €83,094 | +€5,726 | +7.4% |
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 26 October 2026 via checked.be.