MBA TRANS: 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 TRANS
Largest movements
- Receivables within one year -€81,060
down €81,060 (-56.0%), from €144,711 to €63,651
of which Trade receivables: -€87,708
- Cash +€52,464
up €52,464 (+65.9%), from €79,565 to €132,029
mainly Net result for the year (+€122,352) and Receivables within one year (+€81,060)
- Tangible fixed assets +€4,954
up €4,954 (+11.4%), from €43,403 to €48,358
of which Plant, machinery and equipment: +€8,694
- Deferred charges and accrued income +€3,173
up €3,173 (+45.9%), from €6,908 to €10,080
- Advances received -€118,938
down €118,938 (-90.5%), from €131,381 to €12,443
- Profit (loss) carried forward +€92,352
up €92,352 (+281%), from €32,858 to €125,211
- Other debts -€48,555
down €48,555 (-70.3%), from €69,055 to €20,500
- Debts after one year +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€29,863
up €29,863 (+186%), from €16,065 to €45,928
of which Taxes: +€18,983
- Gross operating margin +€160,602
up €160,602 (+94.5%), from €169,900 to €330,502
- Staff costs +€90,886
up €90,886 (+132%), from €68,694 to €159,580
- Depreciation +€13,380
up €13,380 (+148%), from €9,040 to €22,419
- Taxes -€4,566
down €4,566 (-18.5%), from €24,634 to €20,069
- Other operating charges +€4,378
up €4,378 (+1,955%), from €224 to €4,602
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 | €287,786 | €267,317 | -€20,469 | -7.1% |
| Fixed assets | 21/28 | €56,603 | €61,558 | +€4,954 | +8.8% |
| Tangible fixed assets | 22/27 | €43,403 | €48,358 | +€4,954 | +11.4% |
| Plant, machinery and equipment | 23 | - | €8,694 | +€8,694 | |
| Furniture and vehicles | 24 | €43,403 | €39,664 | -€3,740 | -8.6% |
| Financial fixed assets | 28 | €13,200 | €13,200 | = | 0.0% |
| Current assets | 29/58 | €231,183 | €205,759 | -€25,423 | -11.0% |
| Amounts receivable within one year | 40/41 | €144,711 | €63,651 | -€81,060 | -56.0% |
| Trade receivables | 40 | €138,612 | €50,905 | -€87,708 | -63.3% |
| Other amounts receivable | 41 | €6,098 | €12,746 | +€6,648 | +109% |
| Cash at bank and in hand | 54/58 | €79,565 | €132,029 | +€52,464 | +65.9% |
| Deferred charges and accrued income | 490/1 | €6,908 | €10,080 | +€3,173 | +45.9% |
| Total equity and liabilities | 10/49 | €287,786 | €267,317 | -€20,469 | -7.1% |
| Equity | 10/15 | €37,858 | €130,211 | +€92,352 | +244% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,858 | €125,211 | +€92,352 | +281% |
| Amounts payable | 17/49 | €249,928 | €137,107 | -€112,821 | -45.1% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €248,878 | €107,107 | -€141,771 | -57.0% |
| Trade debts | 44 | €32,378 | €28,236 | -€4,142 | -12.8% |
| Suppliers | 440/4 | €32,378 | €28,236 | -€4,142 | -12.8% |
| Advances received on contracts in progress | 46 | €131,381 | €12,443 | -€118,938 | -90.5% |
| Taxes, remuneration and social security | 45 | €16,065 | €45,928 | +€29,863 | +186% |
| Taxes | 450/3 | €11,500 | €30,483 | +€18,983 | +165% |
| Remuneration and social security | 454/9 | €4,565 | €15,445 | +€10,880 | +238% |
| Other amounts payable | 47/48 | €69,055 | €20,500 | -€48,555 | -70.3% |
| Accrued charges and deferred income | 492/3 | €1,050 | - | -€1,050 | |
| Remuneration, social security and pensions | 62 | €68,694 | €159,580 | +€90,886 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,040 | €22,419 | +€13,380 | +148% |
| Other operating charges | 640/8 | €224 | €4,602 | +€4,378 | +1,955% |
| Gross operating margin | 9900 | €169,900 | €330,502 | +€160,602 | +94.5% |
| Operating profit (loss) | 9901 | €91,943 | €143,901 | +€51,958 | +56.5% |
| Financial income | 75/76B | €1 | €51 | +€50 | +7,025% |
| Recurring financial income | 75 | €1 | €51 | +€50 | +7,025% |
| Financial charges | 65/66B | €1,451 | €1,530 | +€79 | +5.5% |
| Recurring financial charges | 65 | €1,451 | €1,530 | +€79 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €90,493 | €142,421 | +€51,928 | +57.4% |
| Income taxes | 67/77 | €24,634 | €20,069 | -€4,566 | -18.5% |
| Profit (loss) for the period | 9904 | €65,858 | €122,352 | +€56,494 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,858 | €122,352 | +€56,494 | +85.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.