MBL-Energy: what changed
MBL-Energy
Largest movements
- Cash -€197,084
down €197,084 (-95.4%), from €206,634 to €9,550
mainly Other debts (-€348,748) and Net result for the year (-€33,196)
- Receivables within one year -€141,447
down €141,447 (-42.8%), from €330,200 to €188,753
of which Trade receivables: -€146,848
- Tangible fixed assets -€69,310
down €69,310 (-12.3%), from €561,890 to €492,580
of which Land and buildings: -€54,699
- Other debts -€348,748
down €348,748 (-37.4%), from €932,986 to €584,238
- Profit (loss) carried forward -€33,196
down €33,196 (-27.6%), from -€120,234 to -€153,430
- Investment grants -€20,000
down €20,000 (-11.1%), from €180,000 to €160,000
- Gross operating margin +€21,259
up €21,259 (+3,805%), from €559 to €21,817
- Financial income -€3,715
down €3,715 (-15.1%), from €24,656 to €20,942
of which Non-recurring financial income: -€4,374
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,099,254 | €692,148 | -€407,106 | -37.0% |
| Fixed assets | 21/28 | €561,890 | €492,580 | -€69,310 | -12.3% |
| Tangible fixed assets | 22/27 | €561,890 | €492,580 | -€69,310 | -12.3% |
| Land and buildings | 22 | €487,867 | €433,168 | -€54,699 | -11.2% |
| Plant, machinery and equipment | 23 | €30,511 | €21,646 | -€8,865 | -29.1% |
| Furniture and vehicles | 24 | €43,512 | €37,766 | -€5,746 | -13.2% |
| Current assets | 29/58 | €537,363 | €199,568 | -€337,795 | -62.9% |
| Amounts receivable within one year | 40/41 | €330,200 | €188,753 | -€141,447 | -42.8% |
| Trade receivables | 40 | €330,200 | €183,353 | -€146,848 | -44.5% |
| Other amounts receivable | 41 | - | €5,401 | +€5,401 | |
| Cash at bank and in hand | 54/58 | €206,634 | €9,550 | -€197,084 | -95.4% |
| Deferred charges and accrued income | 490/1 | €529 | €1,265 | +€735 | +139% |
| Total equity and liabilities | 10/49 | €1,099,254 | €692,148 | -€407,106 | -37.0% |
| Equity | 10/15 | €159,766 | €106,570 | -€53,196 | -33.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,234 | -€153,430 | -€33,196 | -27.6% |
| Investment grants | 15 | €180,000 | €160,000 | -€20,000 | -11.1% |
| Amounts payable | 17/49 | €939,488 | €585,578 | -€353,910 | -37.7% |
| Amounts payable within one year | 42/48 | €939,088 | €585,154 | -€353,934 | -37.7% |
| Trade debts | 44 | €480 | €916 | +€436 | +90.9% |
| Suppliers | 440/4 | €480 | €916 | +€436 | +90.9% |
| Taxes, remuneration and social security | 45 | €5,622 | - | -€5,622 | |
| Taxes | 450/3 | €5,622 | - | -€5,622 | |
| Other amounts payable | 47/48 | €932,986 | €584,238 | -€348,748 | -37.4% |
| Accrued charges and deferred income | 492/3 | €400 | €424 | +€24 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,965 | €73,889 | -€76 | -0.1% |
| Other operating charges | 640/8 | €1,090 | €1,086 | -€4 | -0.4% |
| Gross operating margin | 9900 | €559 | €21,817 | +€21,259 | +3,805% |
| Operating profit (loss) | 9901 | -€74,497 | -€53,158 | +€21,339 | +28.6% |
| Financial income | 75/76B | €24,656 | €20,942 | -€3,715 | -15.1% |
| Recurring financial income | 75 | €20,283 | €20,942 | +€659 | +3.2% |
| Non-recurring financial income | 76B | €4,374 | - | -€4,374 | |
| Financial charges | 65/66B | €726 | €733 | +€7 | +1.0% |
| Recurring financial charges | 65 | €726 | €733 | +€7 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€50,566 | -€32,950 | +€17,616 | +34.8% |
| Income taxes | 67/77 | €253 | €246 | -€7 | -2.8% |
| Profit (loss) for the period | 9904 | -€50,819 | -€33,196 | +€17,623 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,819 | -€33,196 | +€17,623 | +34.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.