MBB: 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.
MBB
Largest movements
- Receivables within one year +€288,320
up €288,320 (+683.4%), from €42,192 to €330,512
of which Trade receivables: +€278,028
- Tangible fixed assets -€23,223
down €23,223 (-48.4%), from €47,973 to €24,750
- Receivables after one year +€15,000
up €15,000 (+2.6%), from €570,000 to €585,000
- Trade debts +€195,507
up €195,507 (+90.6%), from €215,809 to €411,316
- Other debts +€147,664
up €147,664 (+1520.2%), from €9,714 to €157,378
- Reserves -€54,618
down €54,618 (-13.9%), from €392,667 to €338,049
- Debts after one year -€21,475
down €21,475 (-85.4%), from €25,134 to €3,659
- Tax, wage and social debts +€9,652
up €9,652 (+3785.7%), from €255 to €9,907
of which Remuneration and social security: +€9,907
- Staff costs +€53,512
new in 2025: €53,512
- Gross operating margin +€15,212
up €15,212, from -€5,343 to €9,869
- Financial income +€3,325
up €3,325 (+23.8%), from €14,000 to €17,325
- Other operating charges +€1,732
up €1,732 (+240.7%), from €719 to €2,451
- Financial charges -€1,327
down €1,327 (-35.9%), from €3,693 to €2,366
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 | €674,254 | €951,783 | +€277,529 | +41.2% |
| Fixed assets | 21/28 | €50,573 | €27,350 | -€23,223 | -45.9% |
| Tangible fixed assets | 22/27 | €47,973 | €24,750 | -€23,223 | -48.4% |
| Furniture and vehicles | 24 | €47,973 | €24,750 | -€23,223 | -48.4% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €623,681 | €924,433 | +€300,752 | +48.2% |
| Amounts receivable after more than one year | 29 | €570,000 | €585,000 | +€15,000 | +2.6% |
| Other amounts receivable | 291 | €570,000 | €585,000 | +€15,000 | +2.6% |
| Amounts receivable within one year | 40/41 | €42,192 | €330,512 | +€288,320 | +683.4% |
| Trade receivables | 40 | €41,934 | €319,961 | +€278,028 | +663.0% |
| Other amounts receivable | 41 | €258 | €10,551 | +€10,293 | +3984.3% |
| Cash at bank and in hand | 54/58 | €1,489 | €5,933 | +€4,444 | +298.4% |
| Deferred charges and accrued income | 490/1 | €10,000 | €2,988 | -€7,012 | -70.1% |
| Total equity and liabilities | 10/49 | €674,254 | €951,783 | +€277,529 | +41.2% |
| Equity | 10/15 | €402,667 | €348,049 | -€54,618 | -13.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €392,667 | €338,049 | -€54,618 | -13.9% |
| Distributable reserves | 133 | €392,667 | €338,049 | -€54,618 | -13.9% |
| Amounts payable | 17/49 | €271,587 | €603,735 | +€332,147 | +122.3% |
| Amounts payable after more than one year | 17 | €25,134 | €3,659 | -€21,475 | -85.4% |
| Financial debts | 170/4 | €25,134 | €3,659 | -€21,475 | -85.4% |
| Amounts payable within one year | 42/48 | €246,453 | €600,076 | +€353,623 | +143.5% |
| Current portion of amounts payable after more than one year | 42 | €20,676 | €21,475 | +€800 | +3.9% |
| Trade debts | 44 | €215,809 | €411,316 | +€195,507 | +90.6% |
| Suppliers | 440/4 | €215,809 | €411,316 | +€195,507 | +90.6% |
| Taxes, remuneration and social security | 45 | €255 | €9,907 | +€9,652 | +3785.7% |
| Taxes | 450/3 | €255 | - | -€255 | |
| Remuneration and social security | 454/9 | - | €9,907 | +€9,907 | |
| Other amounts payable | 47/48 | €9,714 | €157,378 | +€147,664 | +1520.2% |
| Remuneration, social security and pensions | 62 | - | €53,512 | +€53,512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,223 | €23,223 | = | 0.0% |
| Other operating charges | 640/8 | €719 | €2,451 | +€1,732 | +240.7% |
| Gross operating margin | 9900 | -€5,343 | €9,869 | +€15,212 | |
| Operating profit (loss) | 9901 | -€29,286 | -€69,318 | -€40,032 | -136.7% |
| Financial income | 75/76B | €14,000 | €17,325 | +€3,325 | +23.8% |
| Recurring financial income | 75 | €14,000 | €17,325 | +€3,325 | +23.8% |
| Financial charges | 65/66B | €3,693 | €2,366 | -€1,327 | -35.9% |
| Recurring financial charges | 65 | €3,693 | €2,366 | -€1,327 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,979 | -€54,359 | -€35,380 | -186.4% |
| Income taxes | 67/77 | €255 | €260 | +€5 | +1.9% |
| Profit (loss) for the period | 9904 | -€19,234 | -€54,618 | -€35,385 | -184.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,234 | -€54,618 | -€35,385 | -184.0% |
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 11 October 2026 via checked.be.