MBH & Z: 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 & Z
Largest movements
- Tangible fixed assets -€6,055
down €6,055 (-29.2%), from €20,745 to €14,690
of which Furniture and vehicles: -€5,255
- Cash -€5,258
down €5,258 (-96.9%), from €5,425 to €166
mainly Other debts (-€20,000) and Trade debts (-€1,731)
- Receivables within one year +€1,190
up €1,190 (+12.9%), from €9,243 to €10,433
of which Trade receivables: +€877
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Reserves +€10,012
up €10,012 (+169.5%), from €5,906 to €15,918
- Trade debts -€1,731
down €1,731 (-41.5%), from €4,169 to €2,439
- Tax, wage and social debts +€1,594
up €1,594 (+47.8%), from €3,339 to €4,933
- Turnover -€122,107
no longer reported in 2025 (was €122,107)
- Purchases and services -€81,380
no longer reported in 2025 (was €81,380)
- Gross operating margin -€14,424
down €14,424 (-35.4%), from €40,727 to €26,302
- Other operating charges -€3,236
down €3,236 (-36.6%), from €8,852 to €5,616
- Depreciation +€3,174
up €3,174 (+110.2%), from €2,881 to €6,055
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 | €35,414 | €25,290 | -€10,124 | -28.6% |
| Fixed assets | 21/28 | €20,745 | €14,690 | -€6,055 | -29.2% |
| Tangible fixed assets | 22/27 | €20,745 | €14,690 | -€6,055 | -29.2% |
| Furniture and vehicles | 24 | €17,278 | €12,023 | -€5,255 | -30.4% |
| Other tangible fixed assets | 26 | €3,467 | €2,667 | -€800 | -23.1% |
| Current assets | 29/58 | €14,668 | €10,600 | -€4,069 | -27.7% |
| Amounts receivable within one year | 40/41 | €9,243 | €10,433 | +€1,190 | +12.9% |
| Trade receivables | 40 | - | €877 | +€877 | |
| Other amounts receivable | 41 | €9,243 | €9,556 | +€312 | +3.4% |
| Cash at bank and in hand | 54/58 | €5,425 | €166 | -€5,258 | -96.9% |
| Total equity and liabilities | 10/49 | €35,414 | €25,290 | -€10,124 | -28.6% |
| Equity | 10/15 | €7,906 | €17,918 | +€10,012 | +126.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,906 | €15,918 | +€10,012 | +169.5% |
| Distributable reserves | 133 | €5,906 | €15,918 | +€10,012 | +169.5% |
| Amounts payable | 17/49 | €27,508 | €7,372 | -€20,136 | -73.2% |
| Amounts payable within one year | 42/48 | €27,508 | €7,372 | -€20,136 | -73.2% |
| Trade debts | 44 | €4,169 | €2,439 | -€1,731 | -41.5% |
| Suppliers | 440/4 | €4,169 | €2,439 | -€1,731 | -41.5% |
| Taxes, remuneration and social security | 45 | €3,339 | €4,933 | +€1,594 | +47.8% |
| Taxes | 450/3 | €3,339 | €4,933 | +€1,594 | +47.8% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Turnover | 70 | €122,107 | - | -€122,107 | |
| Goods, raw materials, services and sundry goods | 60/61 | €81,380 | - | -€81,380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,881 | €6,055 | +€3,174 | +110.2% |
| Other operating charges | 640/8 | €8,852 | €5,616 | -€3,236 | -36.6% |
| Gross operating margin | 9900 | €40,727 | €26,302 | -€14,424 | -35.4% |
| Operating profit (loss) | 9901 | €28,993 | €14,631 | -€14,362 | -49.5% |
| Financial income | 75/76B | €333 | €383 | +€50 | +15.1% |
| Recurring financial income | 75 | €333 | €383 | +€50 | +15.1% |
| Financial charges | 65/66B | €82 | €69 | -€13 | -15.9% |
| Recurring financial charges | 65 | €82 | €69 | -€13 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €29,244 | €14,946 | -€14,299 | -48.9% |
| Income taxes | 67/77 | €3,339 | €4,933 | +€1,594 | +47.8% |
| Profit (loss) for the period | 9904 | €25,906 | €10,012 | -€15,893 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,906 | €10,012 | -€15,893 | -61.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.