MBI: 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.
MBI
Largest movements
- Receivables within one year +€137,701
up €137,701 (+44.8%), from €307,196 to €444,897
of which Trade receivables: +€101,227
- Trade debts +€145,839
up €145,839 (+88.5%), from €164,792 to €310,630
- Provisions +€46,506
new in 2024: €46,506
- Other debts -€45,000
no longer reported in 2024 (was €45,000)
- Tax, wage and social debts -€11,433
down €11,433 (-13.3%), from €86,107 to €74,674
of which Taxes: -€11,274
- Gross operating margin -€72,663
down €72,663 (-43.6%), from €166,536 to €93,874
- Taxes -€47,134
down €47,134 (-95.2%), from €49,487 to €2,353
- Provisions +€46,506
new in 2024: €46,506
- Financial charges +€38,630
up €38,630 (+15818.2%), from €244 to €38,874
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,428 | €501,304 | +€139,876 | +38.7% |
| Fixed assets | 21/28 | €6,962 | €4,916 | -€2,046 | -29.4% |
| Tangible fixed assets | 22/27 | €5,017 | €2,971 | -€2,046 | -40.8% |
| Furniture and vehicles | 24 | €5,017 | €2,971 | -€2,046 | -40.8% |
| Financial fixed assets | 28 | €1,945 | €1,945 | = | 0.0% |
| Current assets | 29/58 | €354,466 | €496,388 | +€141,922 | +40.0% |
| Amounts receivable within one year | 40/41 | €307,196 | €444,897 | +€137,701 | +44.8% |
| Trade receivables | 40 | €188,134 | €289,361 | +€101,227 | +53.8% |
| Other amounts receivable | 41 | €119,062 | €155,537 | +€36,474 | +30.6% |
| Cash at bank and in hand | 54/58 | €47,270 | €51,187 | +€3,917 | +8.3% |
| Deferred charges and accrued income | 490/1 | - | €305 | +€305 | |
| Total equity and liabilities | 10/49 | €361,428 | €501,304 | +€139,876 | +38.7% |
| Equity | 10/15 | €65,529 | €69,493 | +€3,964 | +6.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,528 | €69,492 | +€3,964 | +6.0% |
| Provisions and deferred taxes | 16 | - | €46,506 | +€46,506 | |
| Provisions for liabilities and charges | 160/5 | - | €46,506 | +€46,506 | |
| Other liabilities and charges | 164/5 | - | €46,506 | +€46,506 | |
| Amounts payable | 17/49 | €295,899 | €385,305 | +€89,406 | +30.2% |
| Amounts payable within one year | 42/48 | €295,899 | €385,305 | +€89,406 | +30.2% |
| Trade debts | 44 | €164,792 | €310,630 | +€145,839 | +88.5% |
| Suppliers | 440/4 | €164,792 | €310,630 | +€145,839 | +88.5% |
| Taxes, remuneration and social security | 45 | €86,107 | €74,674 | -€11,433 | -13.3% |
| Taxes | 450/3 | €84,936 | €73,662 | -€11,274 | -13.3% |
| Remuneration and social security | 454/9 | €1,171 | €1,012 | -€159 | -13.6% |
| Other amounts payable | 47/48 | €45,000 | - | -€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €2,046 | +€728 | +55.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €46,506 | +€46,506 | |
| Other operating charges | 640/8 | €285 | €131 | -€154 | -54.1% |
| Gross operating margin | 9900 | €166,536 | €93,874 | -€72,663 | -43.6% |
| Operating profit (loss) | 9901 | €164,933 | €45,191 | -€119,742 | -72.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €244 | €38,874 | +€38,630 | +15818.2% |
| Recurring financial charges | 65 | €244 | €38,874 | +€38,630 | +15818.2% |
| Profit (loss) for the period before taxes | 9903 | €164,689 | €6,317 | -€158,372 | -96.2% |
| Income taxes | 67/77 | €49,487 | €2,353 | -€47,134 | -95.2% |
| Profit (loss) for the period | 9904 | €115,202 | €3,964 | -€111,238 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,202 | €3,964 | -€111,238 | -96.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.