MBM Groupe: 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.
What changed
MBM Groupe
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€691,531
2024 · €730,092-€38,560
Equity
€2.7m
2024 · €2.5m+€151,531
Cash
€51,156
2024 · €80,612-€29,455
Balance sheet total
€3.9m
2024 · €3.8m+€146,810
Largest movements
Assets
- Deferred charges and accrued income +€102,901
up €102,901 (+45.2%), from €227,746 to €330,647
- Tangible fixed assets +€67,063
up €67,063 (+58.2%), from €115,229 to €182,291
of which Other tangible fixed assets: +€79,315
Equity and liabilities
- Profit (loss) carried forward +€151,531
up €151,531 (+6.2%), from €2.4m to €2.6m
Income statement
- Gross operating margin -€207,193
down €207,193 (-23.8%), from €868,843 to €661,649
- Financial income +€100,019
up €100,019 (+44.5%), from €225,000 to €325,019
- Taxes -€51,259
down €51,259 (-29.9%), from €171,496 to €120,237
- Staff costs -€25,575
down €25,575 (-18.3%), from €139,744 to €114,169
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.
Result 2024
€730,092
Gross operating margin
-€207,193
Staff costs
+€25,575
Depreciation
-€125
Write-downs
-€396
Financial income
+€100,019
Financial charges
-€7,699
Taxes
+€51,259
Result 2025
€691,531
raises the resultlowers the result
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.
From operations
+€609,551
Investment
-€97,607
Financing
-€541,399
Cash 2024
€80,612
From operations (derived)
+€609,551
Net result for the year
+€691,531
Depreciation
+€29,733
Receivables within one year
-€5,490
Deferred charges and accrued income
-€102,901
Trade debts
+€26,009
Tax, wage and social debts
+€42
Other debts
-€29,373
Investment (derived)
-€97,607
Investment in fixed assets (net)
-€97,607
Financing
-€541,399
Current portion of long-term debt
-€1,234
Short-term financial debts
-€165
Contributions, distributions and other
-€540,000
Cash 2025
€51,156
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,798,029 | €3,944,839 | +€146,810 | +3.9% |
| Fixed assets | 21/28 | €3,354,261 | €3,422,135 | +€67,875 | +2.0% |
| Tangible fixed assets | 22/27 | €115,229 | €182,291 | +€67,063 | +58.2% |
| Plant, machinery and equipment | 23 | €97,472 | €93,596 | -€3,876 | -4.0% |
| Furniture and vehicles | 24 | €17,757 | €9,380 | -€8,377 | -47.2% |
| Other tangible fixed assets | 26 | - | €79,315 | +€79,315 | |
| Financial fixed assets | 28 | €3,239,032 | €3,239,844 | +€812 | 0.0% |
| Current assets | 29/58 | €443,768 | €522,704 | +€78,936 | +17.8% |
| Amounts receivable within one year | 40/41 | €135,410 | €140,900 | +€5,490 | +4.1% |
| Trade receivables | 40 | €134,655 | €140,900 | +€6,245 | +4.6% |
| Other amounts receivable | 41 | €755 | - | -€755 | |
| Cash at bank and in hand | 54/58 | €80,612 | €51,156 | -€29,455 | -36.5% |
| Deferred charges and accrued income | 490/1 | €227,746 | €330,647 | +€102,901 | +45.2% |
| Total equity and liabilities | 10/49 | €3,798,029 | €3,944,839 | +€146,810 | +3.9% |
| Equity | 10/15 | €2,544,656 | €2,696,187 | +€151,531 | +6.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €21,480 | €21,480 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,980 | €13,980 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,448,175 | €2,599,706 | +€151,531 | +6.2% |
| Amounts payable | 17/49 | €1,253,373 | €1,248,652 | -€4,721 | -0.4% |
| Amounts payable within one year | 42/48 | €1,253,373 | €1,248,652 | -€4,721 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €1,234 | - | -€1,234 | |
| Financial debts | 43 | €10,244 | €10,079 | -€165 | -1.6% |
| Credit institutions | 430/8 | €10,244 | €10,079 | -€165 | -1.6% |
| Trade debts | 44 | €50,779 | €76,788 | +€26,009 | +51.2% |
| Suppliers | 440/4 | €50,779 | €76,788 | +€26,009 | +51.2% |
| Taxes, remuneration and social security | 45 | €106,423 | €106,465 | +€42 | 0.0% |
| Taxes | 450/3 | €93,533 | €92,726 | -€807 | -0.9% |
| Remuneration and social security | 454/9 | €12,891 | €13,739 | +€849 | +6.6% |
| Other amounts payable | 47/48 | €1,084,692 | €1,055,320 | -€29,373 | -2.7% |
| Non-recurring operating income | 76A | - | €13,091 | +€13,091 | |
| Remuneration, social security and pensions | 62 | €139,744 | €114,169 | -€25,575 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,608 | €29,733 | +€125 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€396 | - | +€396 | |
| Gross operating margin | 9900 | €868,843 | €661,649 | -€207,193 | -23.8% |
| Operating profit (loss) | 9901 | €699,887 | €517,747 | -€182,140 | -26.0% |
| Financial income | 75/76B | €225,000 | €325,019 | +€100,019 | +44.5% |
| Recurring financial income | 75 | €225,000 | €325,019 | +€100,019 | +44.5% |
| Financial charges | 65/66B | €23,300 | €30,998 | +€7,699 | +33.0% |
| Recurring financial charges | 65 | €23,300 | €30,998 | +€7,699 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €901,587 | €811,768 | -€89,819 | -10.0% |
| Income taxes | 67/77 | €171,496 | €120,237 | -€51,259 | -29.9% |
| Profit (loss) for the period | 9904 | €730,092 | €691,531 | -€38,560 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €730,092 | €691,531 | -€38,560 | -5.3% |
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 31 October 2026 via checked.be.