MBM 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.
MBM TRANS
Largest movements
- Receivables within one year +€22,490
up €22,490 (+108%), from €20,872 to €43,362
- Tangible fixed assets -€10,268
down €10,268 (-10.5%), from €98,156 to €87,888
of which Leasing and similar rights: -€11,449
- Cash -€5,838
down €5,838 (-12.2%), from €47,941 to €42,103
mainly Investment in fixed assets (net) (-€43,886) and Receivables within one year (-€22,490)
- Trade debts +€10,162
up €10,162 (+383%), from €2,650 to €12,812
- Debts after one year -€9,549
down €9,549 (-18.3%), from €52,060 to €42,512
- Tax, wage and social debts +€6,033
up €6,033 (+41.2%), from €14,640 to €20,673
of which Remuneration and social security: +€5,430
- Profit (loss) carried forward -€3,586
down €3,586 (-30.8%), from €11,654 to €8,068
- Current portion of long-term debt +€3,325
up €3,325 (+4.3%), from €76,534 to €79,859
- Gross operating margin +€40,623
up €40,623 (+30.0%), from €135,264 to €175,887
- Depreciation +€20,075
up €20,075 (+58.9%), from €34,079 to €54,154
- Financial income -€14,886
down €14,886 (-93.8%), from €15,873 to €986
- Staff costs +€14,677
up €14,677 (+19.8%), from €73,945 to €88,622
- Taxes -€2,800
down €2,800 (-37.7%), from €7,419 to €4,620
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 | €177,539 | €183,924 | +€6,385 | +3.6% |
| Fixed assets | 21/28 | €108,726 | €98,458 | -€10,268 | -9.4% |
| Tangible fixed assets | 22/27 | €98,156 | €87,888 | -€10,268 | -10.5% |
| Furniture and vehicles | 24 | €16,562 | €17,743 | +€1,181 | +7.1% |
| Leasing and similar rights | 25 | €81,594 | €70,146 | -€11,449 | -14.0% |
| Financial fixed assets | 28 | €10,570 | €10,570 | = | 0.0% |
| Current assets | 29/58 | €68,813 | €85,466 | +€16,653 | +24.2% |
| Amounts receivable within one year | 40/41 | €20,872 | €43,362 | +€22,490 | +108% |
| Trade receivables | 40 | €20,872 | €43,362 | +€22,490 | +108% |
| Cash at bank and in hand | 54/58 | €47,941 | €42,103 | -€5,838 | -12.2% |
| Total equity and liabilities | 10/49 | €177,539 | €183,924 | +€6,385 | +3.6% |
| Equity | 10/15 | €31,654 | €28,068 | -€3,586 | -11.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,654 | €8,068 | -€3,586 | -30.8% |
| Amounts payable | 17/49 | €145,885 | €155,856 | +€9,971 | +6.8% |
| Amounts payable after more than one year | 17 | €52,060 | €42,512 | -€9,549 | -18.3% |
| Financial debts | 170/4 | €52,060 | €42,512 | -€9,549 | -18.3% |
| Amounts payable within one year | 42/48 | €93,824 | €113,344 | +€19,520 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €76,534 | €79,859 | +€3,325 | +4.3% |
| Trade debts | 44 | €2,650 | €12,812 | +€10,162 | +383% |
| Suppliers | 440/4 | €2,650 | €12,812 | +€10,162 | +383% |
| Taxes, remuneration and social security | 45 | €14,640 | €20,673 | +€6,033 | +41.2% |
| Taxes | 450/3 | €9,486 | €10,089 | +€603 | +6.4% |
| Remuneration and social security | 454/9 | €5,154 | €10,584 | +€5,430 | +105% |
| Remuneration, social security and pensions | 62 | €73,945 | €88,622 | +€14,677 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,079 | €54,154 | +€20,075 | +58.9% |
| Other operating charges | 640/8 | €29,595 | €27,924 | -€1,671 | -5.6% |
| Non-recurring operating charges | 66A | €0 | €0 | = | 0.0% |
| Gross operating margin | 9900 | €135,264 | €175,887 | +€40,623 | +30.0% |
| Operating profit (loss) | 9901 | -€2,355 | €5,188 | +€7,542 | |
| Financial income | 75/76B | €15,873 | €986 | -€14,886 | -93.8% |
| Recurring financial income | 75 | €15,873 | €986 | -€14,886 | -93.8% |
| Financial charges | 65/66B | €2,824 | €5,140 | +€2,317 | +82.0% |
| Recurring financial charges | 65 | €2,824 | €5,140 | +€2,317 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | €10,694 | €1,034 | -€9,661 | -90.3% |
| Income taxes | 67/77 | €7,419 | €4,620 | -€2,800 | -37.7% |
| Profit (loss) for the period | 9904 | €3,275 | -€3,586 | -€6,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,275 | -€3,586 | -€6,861 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.