MBBD: 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.
MBBD
Largest movements
- Receivables within one year +€16,689
up €16,689 (+138.8%), from €12,020 to €28,709
of which Trade receivables: +€14,529
- Cash -€4,030
down €4,030 (-53.6%), from €7,519 to €3,488
mainly Receivables within one year (-€16,689) and Other debts (-€5,897)
- Trade debts +€18,576
up €18,576 (+218.5%), from €8,500 to €27,077
- Other debts -€5,897
down €5,897 (-71.5%), from €8,250 to €2,354
- Accrued charges and deferred income +€1,058
up €1,058 (+2587.5%), from €41 to €1,099
- Gross operating margin -€3,891
down €3,891 (-51.8%), from €7,507 to €3,616
- Depreciation -€3,420
down €3,420 (-95.3%), from €3,590 to €170
- Other operating charges -€1,089
down €1,089 (-46.4%), from €2,347 to €1,258
- Financial charges -€734
down €734 (-23.0%), from €3,189 to €2,456
- Financial income +€243
up €243 (+2697.3%), from €9 to €252
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 | €23,478 | €36,323 | +€12,846 | +54.7% |
| Fixed assets | 21/28 | €1,670 | €1,500 | -€170 | -10.2% |
| Tangible fixed assets | 22/27 | €170 | - | -€170 | |
| Plant, machinery and equipment | 23 | €54 | - | -€54 | |
| Furniture and vehicles | 24 | €117 | - | -€117 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €21,807 | €34,823 | +€13,016 | +59.7% |
| Amounts receivable within one year | 40/41 | €12,020 | €28,709 | +€16,689 | +138.8% |
| Trade receivables | 40 | €6,952 | €21,481 | +€14,529 | +209.0% |
| Other amounts receivable | 41 | €5,068 | €7,228 | +€2,160 | +42.6% |
| Cash at bank and in hand | 54/58 | €7,519 | €3,488 | -€4,030 | -53.6% |
| Deferred charges and accrued income | 490/1 | €2,269 | €2,626 | +€357 | +15.7% |
| Total equity and liabilities | 10/49 | €23,478 | €36,323 | +€12,846 | +54.7% |
| Equity | 10/15 | €6,137 | €5,794 | -€343 | -5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63 | -€406 | -€343 | -544.1% |
| Amounts payable | 17/49 | €17,341 | €30,529 | +€13,188 | +76.1% |
| Amounts payable within one year | 42/48 | €17,300 | €29,430 | +€12,131 | +70.1% |
| Current portion of amounts payable after more than one year | 42 | €234 | - | -€234 | |
| Trade debts | 44 | €8,500 | €27,077 | +€18,576 | +218.5% |
| Suppliers | 440/4 | €8,500 | €27,077 | +€18,576 | +218.5% |
| Taxes, remuneration and social security | 45 | €315 | - | -€315 | |
| Taxes | 450/3 | €315 | - | -€315 | |
| Other amounts payable | 47/48 | €8,250 | €2,354 | -€5,897 | -71.5% |
| Accrued charges and deferred income | 492/3 | €41 | €1,099 | +€1,058 | +2587.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,590 | €170 | -€3,420 | -95.3% |
| Other operating charges | 640/8 | €2,347 | €1,258 | -€1,089 | -46.4% |
| Gross operating margin | 9900 | €7,507 | €3,616 | -€3,891 | -51.8% |
| Operating profit (loss) | 9901 | €1,570 | €2,188 | +€618 | +39.4% |
| Financial income | 75/76B | €9 | €252 | +€243 | +2697.3% |
| Recurring financial income | 75 | €9 | €252 | +€243 | +2697.3% |
| Financial charges | 65/66B | €3,189 | €2,456 | -€734 | -23.0% |
| Recurring financial charges | 65 | €3,189 | €2,456 | -€734 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,610 | -€16 | +€1,595 | +99.0% |
| Income taxes | 67/77 | €341 | €327 | -€14 | -4.1% |
| Profit (loss) for the period | 9904 | -€1,951 | -€343 | +€1,608 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,951 | -€343 | +€1,608 | +82.4% |
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.