MBK TRANS: what changed
Two financial 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.
MBK TRANS
Largest movements
- Receivables within one year -€54,985
down €54,985 (-38.4%), from €143,187 to €88,203
of which Trade receivables: -€52,573
- Cash +€12,615
up €12,615 (+139%), from €9,092 to €21,708
mainly Receivables within one year (+€54,985) and Net result for the year (+€20,171)
- Tangible fixed assets +€9,681
up €9,681 (+911%), from €1,062 to €10,744
- Trade debts -€49,602
down €49,602 (-50.7%), from €97,912 to €48,310
- Profit (loss) carried forward +€20,171
up €20,171 (+69.9%), from -€28,859 to -€8,688
- Current portion of long-term debt -€5,636
down €5,636 (-73.8%), from €7,639 to €2,003
- Tax, wage and social debts +€5,123
up €5,123 (+27.5%), from €18,636 to €23,759
of which Taxes: +€7,426
- Debts after one year -€2,003
no longer reported in 2025 (was €2,003)
- Staff costs +€12,433
up €12,433 (+17.3%), from €71,964 to €84,396
- Depreciation -€8,292
down €8,292 (-88.6%), from €9,355 to €1,062
- Other operating charges +€2,511
up €2,511 (+126%), from €1,997 to €4,508
- Gross operating margin +€1,756
up €1,756 (+1.6%), from €109,893 to €111,649
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.
Derived cash bridge
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 | €156,419 | €123,731 | -€32,688 | -20.9% |
| Fixed assets | 21/28 | €4,139 | €13,821 | +€9,681 | +234% |
| Tangible fixed assets | 22/27 | €1,062 | €10,744 | +€9,681 | +911% |
| Furniture and vehicles | 24 | €1,062 | €10,744 | +€9,681 | +911% |
| Financial fixed assets | 28 | €3,077 | €3,077 | = | 0.0% |
| Current assets | 29/58 | €152,280 | €109,910 | -€42,370 | -27.8% |
| Amounts receivable within one year | 40/41 | €143,187 | €88,203 | -€54,985 | -38.4% |
| Trade receivables | 40 | €138,748 | €86,176 | -€52,573 | -37.9% |
| Other amounts receivable | 41 | €4,439 | €2,027 | -€2,412 | -54.3% |
| Cash at bank and in hand | 54/58 | €9,092 | €21,708 | +€12,615 | +139% |
| Total equity and liabilities | 10/49 | €156,419 | €123,731 | -€32,688 | -20.9% |
| Equity | 10/15 | -€8,859 | €11,312 | +€20,171 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,859 | -€8,688 | +€20,171 | +69.9% |
| Amounts payable | 17/49 | €165,278 | €112,419 | -€52,859 | -32.0% |
| Amounts payable after more than one year | 17 | €2,003 | - | -€2,003 | |
| Financial debts | 170/4 | €2,003 | - | -€2,003 | |
| Amounts payable within one year | 42/48 | €163,275 | €112,419 | -€50,856 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €7,639 | €2,003 | -€5,636 | -73.8% |
| Trade debts | 44 | €97,912 | €48,310 | -€49,602 | -50.7% |
| Suppliers | 440/4 | €97,912 | €48,310 | -€49,602 | -50.7% |
| Taxes, remuneration and social security | 45 | €18,636 | €23,759 | +€5,123 | +27.5% |
| Taxes | 450/3 | €508 | €7,934 | +€7,426 | +1,462% |
| Remuneration and social security | 454/9 | €18,128 | €15,826 | -€2,303 | -12.7% |
| Other amounts payable | 47/48 | €39,088 | €38,347 | -€741 | -1.9% |
| Remuneration, social security and pensions | 62 | €71,964 | €84,396 | +€12,433 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,355 | €1,062 | -€8,292 | -88.6% |
| Other operating charges | 640/8 | €1,997 | €4,508 | +€2,511 | +126% |
| Gross operating margin | 9900 | €109,893 | €111,649 | +€1,756 | +1.6% |
| Operating profit (loss) | 9901 | €26,578 | €21,682 | -€4,896 | -18.4% |
| Financial income | 75/76B | €3 | €1 | -€2 | -76.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -76.0% |
| Financial charges | 65/66B | €2,527 | €1,512 | -€1,015 | -40.2% |
| Recurring financial charges | 65 | €2,527 | €1,512 | -€1,015 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €24,053 | €20,171 | -€3,882 | -16.1% |
| Profit (loss) for the period | 9904 | €24,053 | €20,171 | -€3,882 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,053 | €20,171 | -€3,882 | -16.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.