MBITEC: 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.
MBITEC
Largest movements
- Receivables within one year -€121,055
down €121,055 (-68.2%), from €177,472 to €56,417
of which Trade receivables: -€129,344
- Receivables after one year -€44,000
down €44,000 (-100.0%), from €44,000 to €0
- Stocks and contracts -€26,496
down €26,496 (-48.1%), from €55,086 to €28,591
- Current investments +€20,137
up €20,137 (+66.5%), from €30,290 to €50,427
- Tangible fixed assets -€12,878
down €12,878 (-8.4%), from €153,307 to €140,430
of which Plant, machinery and equipment: -€6,688
- Reserves -€95,611
down €95,611 (-97.0%), from €98,521 to €2,910
of which Distributable reserves: -€93,751
- Trade debts -€75,143
down €75,143 (-61.2%), from €122,791 to €47,649
- Other debts +€26,138
up €26,138 (+304.2%), from €8,593 to €34,731
- Debts after one year -€13,048
down €13,048 (-12.0%), from €108,642 to €95,594
- Tax, wage and social debts -€12,897
down €12,897 (-24.5%), from €52,586 to €39,689
of which Remuneration and social security: -€16,617
- Staff costs -€122,507
down €122,507 (-40.3%), from €303,651 to €181,145
- Gross operating margin -€103,977
down €103,977 (-29.4%), from €353,248 to €249,271
- Taxes +€5,820
up €5,820 (+253.2%), from €2,298 to €8,119
- Financial charges -€4,309
down €4,309 (-37.6%), from €11,469 to €7,160
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 | €508,704 | €337,220 | -€171,483 | -33.7% |
| Fixed assets | 21/28 | €159,362 | €145,985 | -€13,377 | -8.4% |
| Intangible fixed assets | 21 | €2,500 | €1,824 | -€676 | -27.0% |
| Tangible fixed assets | 22/27 | €153,307 | €140,430 | -€12,878 | -8.4% |
| Land and buildings | 22 | €121,093 | €115,409 | -€5,684 | -4.7% |
| Plant, machinery and equipment | 23 | €7,730 | €1,042 | -€6,688 | -86.5% |
| Furniture and vehicles | 24 | €15,489 | €16,483 | +€995 | +6.4% |
| Other tangible fixed assets | 26 | €8,996 | €7,496 | -€1,500 | -16.7% |
| Financial fixed assets | 28 | €3,555 | €3,731 | +€176 | +5.0% |
| Current assets | 29/58 | €349,341 | €191,235 | -€158,106 | -45.3% |
| Amounts receivable after more than one year | 29 | €44,000 | €0 | -€44,000 | -100.0% |
| Other amounts receivable | 291 | €44,000 | €0 | -€44,000 | -100.0% |
| Stocks and contracts in progress | 3 | €55,086 | €28,591 | -€26,496 | -48.1% |
| Stocks | 30/36 | €55,086 | €28,591 | -€26,496 | -48.1% |
| Amounts receivable within one year | 40/41 | €177,472 | €56,417 | -€121,055 | -68.2% |
| Trade receivables | 40 | €172,918 | €43,573 | -€129,344 | -74.8% |
| Other amounts receivable | 41 | €4,554 | €12,843 | +€8,290 | +182.0% |
| Current investments | 50/53 | €30,290 | €50,427 | +€20,137 | +66.5% |
| Cash at bank and in hand | 54/58 | €39,351 | €44,966 | +€5,615 | +14.3% |
| Deferred charges and accrued income | 490/1 | €3,142 | €10,835 | +€7,692 | +244.8% |
| Total equity and liabilities | 10/49 | €508,704 | €337,220 | -€171,483 | -33.7% |
| Equity | 10/15 | €127,121 | €31,510 | -€95,611 | -75.2% |
| Contributions | 10/11 | €28,600 | €28,600 | = | 0.0% |
| Reserves | 13 | €98,521 | €2,910 | -€95,611 | -97.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €96,661 | €2,910 | -€93,751 | -97.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €381,583 | €305,710 | -€75,873 | -19.9% |
| Amounts payable after more than one year | 17 | €108,642 | €95,594 | -€13,048 | -12.0% |
| Financial debts | 170/4 | €108,642 | €95,594 | -€13,048 | -12.0% |
| Amounts payable within one year | 42/48 | €272,941 | €210,116 | -€62,825 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €13,971 | €13,048 | -€923 | -6.6% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Other loans | 439 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €122,791 | €47,649 | -€75,143 | -61.2% |
| Suppliers | 440/4 | €122,791 | €47,649 | -€75,143 | -61.2% |
| Taxes, remuneration and social security | 45 | €52,586 | €39,689 | -€12,897 | -24.5% |
| Taxes | 450/3 | €14,482 | €18,202 | +€3,720 | +25.7% |
| Remuneration and social security | 454/9 | €38,104 | €21,487 | -€16,617 | -43.6% |
| Other amounts payable | 47/48 | €8,593 | €34,731 | +€26,138 | +304.2% |
| Non-recurring operating income | 76A | €20,300 | €0 | -€20,300 | -100.0% |
| Remuneration, social security and pensions | 62 | €303,651 | €181,145 | -€122,507 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,593 | €22,057 | -€1,536 | -6.5% |
| Other operating charges | 640/8 | €2,882 | €4,951 | +€2,069 | +71.8% |
| Non-recurring operating charges | 66A | €3,276 | €4,005 | +€729 | +22.3% |
| Gross operating margin | 9900 | €353,248 | €249,271 | -€103,977 | -29.4% |
| Operating profit (loss) | 9901 | €19,846 | €37,114 | +€17,268 | +87.0% |
| Financial income | 75/76B | €1,285 | €202 | -€1,084 | -84.3% |
| Recurring financial income | 75 | €1,285 | €202 | -€1,084 | -84.3% |
| Financial charges | 65/66B | €11,469 | €7,160 | -€4,309 | -37.6% |
| Recurring financial charges | 65 | €11,469 | €7,160 | -€4,309 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €9,662 | €30,155 | +€20,493 | +212.1% |
| Income taxes | 67/77 | €2,298 | €8,119 | +€5,820 | +253.2% |
| Profit (loss) for the period | 9904 | €7,364 | €22,036 | +€14,672 | +199.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,364 | €22,036 | +€14,672 | +199.2% |
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 8 October 2026 via checked.be.