MBM CONSULT: 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.
MBM CONSULT
Largest movements
- Receivables within one year +€7,623
up €7,623 (+9.8%), from €77,967 to €85,590
of which Other amounts receivable: +€10,827
- Cash +€7,076
up €7,076 (+10.5%), from €67,179 to €74,255
mainly Net result for the year (+€16,210) and Depreciation (+€1,231)
- Reserves +€16,210
up €16,210 (+5.6%), from €289,288 to €305,498
of which Distributable reserves: +€16,210
- Gross operating margin +€31,954
up €31,954, from -€18,364 to €13,590
- Taxes -€3,110
down €3,110 (-184%), from -€1,694 to -€4,804
- Depreciation +€1,231
new in 2025: €1,231
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 | €372,226 | €389,887 | +€17,661 | +4.7% |
| Fixed assets | 21/28 | €1,595 | €5,287 | +€3,692 | +231% |
| Tangible fixed assets | 22/27 | - | €3,692 | +€3,692 | |
| Furniture and vehicles | 24 | - | €3,692 | +€3,692 | |
| Financial fixed assets | 28 | €1,595 | €1,595 | = | 0.0% |
| Current assets | 29/58 | €370,631 | €384,600 | +€13,969 | +3.8% |
| Amounts receivable within one year | 40/41 | €77,967 | €85,590 | +€7,623 | +9.8% |
| Trade receivables | 40 | €22,544 | €19,340 | -€3,204 | -14.2% |
| Other amounts receivable | 41 | €55,423 | €66,250 | +€10,827 | +19.5% |
| Current investments | 50/53 | €224,755 | €224,755 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,179 | €74,255 | +€7,076 | +10.5% |
| Deferred charges and accrued income | 490/1 | €730 | - | -€730 | |
| Total equity and liabilities | 10/49 | €372,226 | €389,887 | +€17,661 | +4.7% |
| Equity | 10/15 | €372,226 | €388,436 | +€16,210 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €289,288 | €305,498 | +€16,210 | +5.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €287,428 | €303,638 | +€16,210 | +5.6% |
| Profit (loss) carried forward | 14 | €76,738 | €76,738 | = | 0.0% |
| Amounts payable | 17/49 | - | €1,451 | +€1,451 | |
| Amounts payable within one year | 42/48 | - | €1,451 | +€1,451 | |
| Trade debts | 44 | - | €957 | +€957 | |
| Suppliers | 440/4 | - | €957 | +€957 | |
| Taxes, remuneration and social security | 45 | - | €494 | +€494 | |
| Taxes | 450/3 | - | €494 | +€494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,231 | +€1,231 | |
| Other operating charges | 640/8 | €825 | €643 | -€182 | -22.1% |
| Gross operating margin | 9900 | -€18,364 | €13,590 | +€31,954 | |
| Operating profit (loss) | 9901 | -€19,189 | €11,716 | +€30,905 | |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €356 | €310 | -€46 | -12.9% |
| Recurring financial charges | 65 | €356 | €310 | -€46 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,528 | €11,406 | +€30,934 | |
| Income taxes | 67/77 | -€1,694 | -€4,804 | -€3,110 | -184% |
| Profit (loss) for the period | 9904 | -€17,834 | €16,210 | +€34,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,834 | €16,210 | +€34,044 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.