MBH: 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.
MBH
Largest movements
- Cash +€22,515
up €22,515 (+224.5%), from €10,030 to €32,545
mainly Trade debts (+€24,081) and Tax, wage and social debts (+€7,879)
- Stocks and contracts +€10,280
up €10,280 (+13.8%), from €74,691 to €84,971
- Receivables within one year +€5,845
up €5,845 (+560.1%), from €1,044 to €6,889
of which Other amounts receivable: +€6,889
- Trade debts +€24,081
up €24,081 (+67.5%), from €35,663 to €59,744
- Tax, wage and social debts +€7,879
up €7,879 (+281.8%), from €2,796 to €10,676
- Profit (loss) carried forward +€3,210
up €3,210 (+55.8%), from -€5,747 to -€2,538
- Other debts +€2,496
up €2,496 (+6.9%), from €35,950 to €38,446
- Financial charges -€9,244
down €9,244 (-99.6%), from €9,283 to €39
of which Non-recurring financial charges: -€9,244
- Gross operating margin -€4,201
down €4,201 (-48.7%), from €8,627 to €4,426
- Depreciation -€133
down €133 (-12.0%), from €1,107 to €974
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,122 | €126,788 | +€37,666 | +42.3% |
| Fixed assets | 21/28 | €3,357 | €2,383 | -€974 | -29.0% |
| Tangible fixed assets | 22/27 | €3,357 | €2,383 | -€974 | -29.0% |
| Plant, machinery and equipment | 23 | €3,357 | €2,383 | -€974 | -29.0% |
| Current assets | 29/58 | €85,765 | €124,405 | +€38,640 | +45.1% |
| Stocks and contracts in progress | 3 | €74,691 | €84,971 | +€10,280 | +13.8% |
| Stocks | 30/36 | €74,691 | €84,971 | +€10,280 | +13.8% |
| Amounts receivable within one year | 40/41 | €1,044 | €6,889 | +€5,845 | +560.1% |
| Trade receivables | 40 | €1,044 | - | -€1,044 | |
| Other amounts receivable | 41 | - | €6,889 | +€6,889 | |
| Cash at bank and in hand | 54/58 | €10,030 | €32,545 | +€22,515 | +224.5% |
| Total equity and liabilities | 10/49 | €89,122 | €126,788 | +€37,666 | +42.3% |
| Equity | 10/15 | €14,713 | €17,922 | +€3,210 | +21.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,747 | -€2,538 | +€3,210 | +55.8% |
| Amounts payable | 17/49 | €74,409 | €108,866 | +€34,457 | +46.3% |
| Amounts payable within one year | 42/48 | €74,409 | €108,866 | +€34,457 | +46.3% |
| Trade debts | 44 | €35,663 | €59,744 | +€24,081 | +67.5% |
| Suppliers | 440/4 | €35,663 | €59,744 | +€24,081 | +67.5% |
| Taxes, remuneration and social security | 45 | €2,796 | €10,676 | +€7,879 | +281.8% |
| Taxes | 450/3 | €2,796 | €10,676 | +€7,879 | +281.8% |
| Other amounts payable | 47/48 | €35,950 | €38,446 | +€2,496 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,107 | €974 | -€133 | -12.0% |
| Other operating charges | 640/8 | €122 | €204 | +€82 | +67.5% |
| Gross operating margin | 9900 | €8,627 | €4,426 | -€4,201 | -48.7% |
| Operating profit (loss) | 9901 | €7,398 | €3,249 | -€4,150 | -56.1% |
| Financial charges | 65/66B | €9,283 | €39 | -€9,244 | -99.6% |
| Recurring financial charges | 65 | €39 | €39 | -€0 | 0.0% |
| Non-recurring financial charges | 66B | €9,244 | - | -€9,244 | |
| Profit (loss) for the period before taxes | 9903 | -€1,885 | €3,210 | +€5,094 | |
| Profit (loss) for the period | 9904 | -€1,885 | €3,210 | +€5,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,885 | €3,210 | +€5,094 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.