Mbc Projects: 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.
Mbc Projects
Largest movements
- Receivables within one year +€13,937
up €13,937 (+230.5%), from €6,047 to €19,984
of which Trade receivables: +€13,937
- Cash -€3,995
down €3,995 (-62.0%), from €6,446 to €2,451
mainly Receivables within one year (-€13,937) and Other debts (-€11,737)
- Profit (loss) carried forward +€20,918
up €20,918 (+48.1%), from -€43,519 to -€22,601
- Other debts -€11,737
down €11,737 (-29.1%), from €40,311 to €28,573
- Tax, wage and social debts +€820
up €820 (+37.8%), from €2,171 to €2,991
- Gross operating margin +€1,997
up €1,997 (+9.5%), from €21,057 to €23,055
- Other operating charges +€864
up €864 (+163.8%), from €528 to €1,392
- Financial charges -€754
down €754 (-50.3%), from €1,499 to €744
- Financial income -€399
down €399 (-100.0%), from €399 to €0
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 | €12,493 | €22,436 | +€9,942 | +79.6% |
| Current assets | 29/58 | €12,493 | €22,436 | +€9,942 | +79.6% |
| Amounts receivable within one year | 40/41 | €6,047 | €19,984 | +€13,937 | +230.5% |
| Trade receivables | 40 | €6,047 | €19,984 | +€13,937 | +230.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,446 | €2,451 | -€3,995 | -62.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12,493 | €22,436 | +€9,942 | +79.6% |
| Equity | 10/15 | -€31,119 | -€10,201 | +€20,918 | +67.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,519 | -€22,601 | +€20,918 | +48.1% |
| Amounts payable | 17/49 | €43,612 | €32,636 | -€10,976 | -25.2% |
| Amounts payable within one year | 42/48 | €42,948 | €32,120 | -€10,829 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €467 | €555 | +€89 | +19.0% |
| Suppliers | 440/4 | €467 | €555 | +€89 | +19.0% |
| Taxes, remuneration and social security | 45 | €2,171 | €2,991 | +€820 | +37.8% |
| Taxes | 450/3 | €2,171 | €2,991 | +€820 | +37.8% |
| Other amounts payable | 47/48 | €40,311 | €28,573 | -€11,737 | -29.1% |
| Accrued charges and deferred income | 492/3 | €664 | €517 | -€147 | -22.2% |
| Other operating charges | 640/8 | €528 | €1,392 | +€864 | +163.8% |
| Gross operating margin | 9900 | €21,057 | €23,055 | +€1,997 | +9.5% |
| Operating profit (loss) | 9901 | €20,530 | €21,663 | +€1,133 | +5.5% |
| Financial income | 75/76B | €399 | €0 | -€399 | -100.0% |
| Recurring financial income | 75 | €399 | €0 | -€399 | -100.0% |
| Financial charges | 65/66B | €1,499 | €744 | -€754 | -50.3% |
| Recurring financial charges | 65 | €1,499 | €744 | -€754 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €19,430 | €20,918 | +€1,488 | +7.7% |
| Profit (loss) for the period | 9904 | €19,430 | €20,918 | +€1,488 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,430 | €20,918 | +€1,488 | +7.7% |
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 29 September 2026 via checked.be.