MBK UNITED: 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 UNITED
Largest movements
- Cash -€73,127
down €73,127 (-96.7%), from €75,608 to €2,481
mainly Accrued charges and deferred income (-€76,092) and Investment in fixed assets (net) (-€55,973)
- Financial fixed assets +€50,273
up €50,273 (+201%), from €25,000 to €75,273
- Deferred charges and accrued income -€5,180
no longer reported in 2024 (was €5,180)
- Tangible fixed assets -€4,940
down €4,940 (-22.2%), from €22,250 to €17,310
- Receivables within one year -€4,465
down €4,465 (-10.9%), from €40,983 to €36,518
of which Trade receivables: -€4,465
- Accrued charges and deferred income -€76,092
no longer reported in 2024 (was €76,092)
- Other debts +€30,320
new in 2024: €30,320
- Profit (loss) carried forward +€23,363
up €23,363 (+68.1%), from €34,293 to €57,655
- Trade debts -€14,653
down €14,653 (-44.9%), from €32,639 to €17,985
- Gross operating margin +€19,755
up €19,755 (+121%), from €16,264 to €36,019
- Depreciation +€1,140
up €1,140 (+12.0%), from €9,500 to €10,640
- Other operating charges +€1,037
up €1,037 (+143%), from €724 to €1,761
- Financial charges -€1,021
down €1,021 (-80.0%), from €1,276 to €256
- Staff costs -€383
no longer reported in 2024 (was €383)
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.
Derived cash bridge
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 | €169,022 | €131,582 | -€37,439 | -22.2% |
| Fixed assets | 21/28 | €47,250 | €92,583 | +€45,333 | +95.9% |
| Tangible fixed assets | 22/27 | €22,250 | €17,310 | -€4,940 | -22.2% |
| Furniture and vehicles | 24 | €22,250 | €17,310 | -€4,940 | -22.2% |
| Financial fixed assets | 28 | €25,000 | €75,273 | +€50,273 | +201% |
| Current assets | 29/58 | €121,772 | €38,999 | -€82,772 | -68.0% |
| Amounts receivable within one year | 40/41 | €40,983 | €36,518 | -€4,465 | -10.9% |
| Trade receivables | 40 | €9,949 | €5,484 | -€4,465 | -44.9% |
| Other amounts receivable | 41 | €31,035 | €31,035 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,608 | €2,481 | -€73,127 | -96.7% |
| Deferred charges and accrued income | 490/1 | €5,180 | - | -€5,180 | |
| Total equity and liabilities | 10/49 | €169,022 | €131,582 | -€37,439 | -22.2% |
| Equity | 10/15 | €56,293 | €79,655 | +€23,363 | +41.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,293 | €57,655 | +€23,363 | +68.1% |
| Amounts payable | 17/49 | €112,729 | €51,927 | -€60,802 | -53.9% |
| Amounts payable within one year | 42/48 | €36,636 | €51,927 | +€15,291 | +41.7% |
| Trade debts | 44 | €32,639 | €17,985 | -€14,653 | -44.9% |
| Suppliers | 440/4 | €32,639 | €17,985 | -€14,653 | -44.9% |
| Taxes, remuneration and social security | 45 | €3,998 | €3,622 | -€376 | -9.4% |
| Taxes | 450/3 | €3,998 | €3,622 | -€376 | -9.4% |
| Other amounts payable | 47/48 | - | €30,320 | +€30,320 | |
| Accrued charges and deferred income | 492/3 | €76,092 | - | -€76,092 | |
| Remuneration, social security and pensions | 62 | €383 | - | -€383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,500 | €10,640 | +€1,140 | +12.0% |
| Other operating charges | 640/8 | €724 | €1,761 | +€1,037 | +143% |
| Gross operating margin | 9900 | €16,264 | €36,019 | +€19,755 | +121% |
| Operating profit (loss) | 9901 | €5,657 | €23,618 | +€17,961 | +318% |
| Financial charges | 65/66B | €1,276 | €256 | -€1,021 | -80.0% |
| Recurring financial charges | 65 | €1,276 | €256 | -€1,021 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €4,381 | €23,363 | +€18,982 | +433% |
| Profit (loss) for the period | 9904 | €4,381 | €23,363 | +€18,982 | +433% |
| Profit (loss) for the period to be appropriated | 9905 | €4,381 | €23,363 | +€18,982 | +433% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.