mBark: 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.
mBark
Largest movements
- Receivables within one year -€17,440
down €17,440 (-47.1%), from €37,002 to €19,563
of which Other amounts receivable: -€16,940
- Debts after one year -€43,921
down €43,921 (-14.1%), from €311,825 to €267,905
- Reserves +€35,357
up €35,357 (+25.0%), from €141,194 to €176,551
- Tax, wage and social debts -€9,140
down €9,140 (-54.8%), from €16,686 to €7,546
of which Taxes: -€6,306
- Current portion of long-term debt +€7,206
up €7,206 (+9.9%), from €72,983 to €80,189
- Gross operating margin -€27,616
down €27,616 (-25.3%), from €108,993 to €81,378
- Financial charges -€5,569
down €5,569 (-46.4%), from €11,991 to €6,422
- Taxes -€5,491
down €5,491 (-36.8%), from €14,931 to €9,440
- Depreciation +€2,500
up €2,500 (+11.3%), from €22,115 to €24,615
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 | €577,524 | €562,001 | -€15,523 | -2.7% |
| Fixed assets | 21/28 | €468,112 | €471,153 | +€3,041 | +0.6% |
| Tangible fixed assets | 22/27 | €468,112 | €471,153 | +€3,041 | +0.6% |
| Land and buildings | 22 | €455,451 | €441,551 | -€13,900 | -3.1% |
| Plant, machinery and equipment | 23 | €10,448 | €14,466 | +€4,018 | +38.5% |
| Furniture and vehicles | 24 | €1,888 | €15,136 | +€13,248 | +702% |
| Leasing and similar rights | 25 | €324 | - | -€324 | |
| Current assets | 29/58 | €109,412 | €90,848 | -€18,564 | -17.0% |
| Stocks and contracts in progress | 3 | €44,392 | €48,994 | +€4,602 | +10.4% |
| Stocks | 30/36 | €44,392 | €48,994 | +€4,602 | +10.4% |
| Amounts receivable within one year | 40/41 | €37,002 | €19,563 | -€17,440 | -47.1% |
| Trade receivables | 40 | €19,433 | €18,933 | -€500 | -2.6% |
| Other amounts receivable | 41 | €17,569 | €629 | -€16,940 | -96.4% |
| Cash at bank and in hand | 54/58 | €20,884 | €16,608 | -€4,276 | -20.5% |
| Deferred charges and accrued income | 490/1 | €7,135 | €5,684 | -€1,451 | -20.3% |
| Total equity and liabilities | 10/49 | €577,524 | €562,001 | -€15,523 | -2.7% |
| Equity | 10/15 | €153,594 | €188,951 | +€35,357 | +23.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €141,194 | €176,551 | +€35,357 | +25.0% |
| Distributable reserves | 133 | €141,194 | €176,551 | +€35,357 | +25.0% |
| Amounts payable | 17/49 | €423,930 | €373,050 | -€50,880 | -12.0% |
| Amounts payable after more than one year | 17 | €311,825 | €267,905 | -€43,921 | -14.1% |
| Financial debts | 170/4 | €311,825 | €267,905 | -€43,921 | -14.1% |
| Amounts payable within one year | 42/48 | €112,105 | €105,146 | -€6,959 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €72,983 | €80,189 | +€7,206 | +9.9% |
| Trade debts | 44 | €4,657 | €1,014 | -€3,643 | -78.2% |
| Suppliers | 440/4 | €4,657 | €1,014 | -€3,643 | -78.2% |
| Taxes, remuneration and social security | 45 | €16,686 | €7,546 | -€9,140 | -54.8% |
| Taxes | 450/3 | €13,852 | €7,546 | -€6,306 | -45.5% |
| Remuneration and social security | 454/9 | €2,834 | - | -€2,834 | |
| Other amounts payable | 47/48 | €17,780 | €16,397 | -€1,382 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,115 | €24,615 | +€2,500 | +11.3% |
| Other operating charges | 640/8 | €3,443 | €3,543 | +€101 | +2.9% |
| Gross operating margin | 9900 | €108,993 | €81,378 | -€27,616 | -25.3% |
| Operating profit (loss) | 9901 | €83,435 | €53,219 | -€30,216 | -36.2% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €11,991 | €6,422 | -€5,569 | -46.4% |
| Recurring financial charges | 65 | €11,991 | €6,422 | -€5,569 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €71,452 | €46,797 | -€24,655 | -34.5% |
| Income taxes | 67/77 | €14,931 | €9,440 | -€5,491 | -36.8% |
| Profit (loss) for the period | 9904 | €56,521 | €37,357 | -€19,164 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,521 | €37,357 | -€19,164 | -33.9% |
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 17 October 2026 via checked.be.