MBP Management: 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.
MBP Management
Largest movements
- Cash -€285,276
down €285,276 (-55.7%), from €511,806 to €226,529
mainly Other debts (-€275,165) and Tax, wage and social debts (-€105,920)
- Receivables within one year -€34,134
down €34,134 (-67.9%), from €50,305 to €16,170
of which Trade receivables: -€23,272
- Tangible fixed assets -€6,625
down €6,625 (-33.4%), from €19,834 to €13,209
of which Furniture and vehicles: -€6,442
- Other debts -€275,165
down €275,165 (-82.5%), from €333,720 to €58,555
- Tax, wage and social debts -€105,920
down €105,920 (-100.0%), from €105,920 to €0
- Profit (loss) carried forward +€60,011
up €60,011, from €0 to €60,011
- Gross operating margin -€474,535
down €474,535 (-84.5%), from €561,521 to €86,987
- Taxes -€106,780
down €106,780 (-86.5%), from €123,399 to €16,618
- Other operating charges -€43,884
down €43,884 (-97.3%), from €45,117 to €1,233
- Financial charges -€7,323
down €7,323 (-97.9%), from €7,484 to €161
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.
Cash bridge derived
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 | €586,097 | €258,100 | -€327,997 | -56.0% |
| Fixed assets | 21/28 | €19,834 | €13,209 | -€6,625 | -33.4% |
| Tangible fixed assets | 22/27 | €19,834 | €13,209 | -€6,625 | -33.4% |
| Furniture and vehicles | 24 | €19,101 | €12,659 | -€6,442 | -33.7% |
| Other tangible fixed assets | 26 | €733 | €550 | -€183 | -25.0% |
| Current assets | 29/58 | €566,264 | €244,891 | -€321,372 | -56.8% |
| Amounts receivable within one year | 40/41 | €50,305 | €16,170 | -€34,134 | -67.9% |
| Trade receivables | 40 | €25,348 | €2,076 | -€23,272 | -91.8% |
| Other amounts receivable | 41 | €24,957 | €14,094 | -€10,863 | -43.5% |
| Cash at bank and in hand | 54/58 | €511,806 | €226,529 | -€285,276 | -55.7% |
| Deferred charges and accrued income | 490/1 | €4,153 | €2,192 | -€1,961 | -47.2% |
| Total equity and liabilities | 10/49 | €586,097 | €258,100 | -€327,997 | -56.0% |
| Equity | 10/15 | €138,898 | €198,909 | +€60,011 | +43.2% |
| Contributions | 10/11 | €123,600 | €123,600 | = | 0.0% |
| Reserves | 13 | €15,298 | €15,298 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,938 | €2,938 | = | 0.0% |
| Distributable reserves | 133 | €12,360 | €12,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €60,011 | +€60,011 | |
| Amounts payable | 17/49 | €447,200 | €59,191 | -€388,008 | -86.8% |
| Amounts payable within one year | 42/48 | €443,231 | €59,191 | -€384,039 | -86.6% |
| Trade debts | 44 | €3,591 | €637 | -€2,955 | -82.3% |
| Suppliers | 440/4 | €3,591 | €637 | -€2,955 | -82.3% |
| Taxes, remuneration and social security | 45 | €105,920 | €0 | -€105,920 | -100.0% |
| Taxes | 450/3 | €105,920 | €0 | -€105,920 | -100.0% |
| Other amounts payable | 47/48 | €333,720 | €58,555 | -€275,165 | -82.5% |
| Accrued charges and deferred income | 492/3 | €3,969 | €0 | -€3,969 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,976 | €8,962 | +€986 | +12.4% |
| Other operating charges | 640/8 | €45,117 | €1,233 | -€43,884 | -97.3% |
| Non-recurring operating charges | 66A | €3,112 | €52 | -€3,060 | -98.3% |
| Gross operating margin | 9900 | €561,521 | €86,987 | -€474,535 | -84.5% |
| Operating profit (loss) | 9901 | €505,316 | €76,740 | -€428,576 | -84.8% |
| Financial income | 75/76B | €25 | €50 | +€25 | +103.3% |
| Recurring financial income | 75 | €25 | €50 | +€25 | +103.3% |
| Financial charges | 65/66B | €7,484 | €161 | -€7,323 | -97.9% |
| Recurring financial charges | 65 | €7,484 | €161 | -€7,323 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €497,857 | €76,629 | -€421,228 | -84.6% |
| Income taxes | 67/77 | €123,399 | €16,618 | -€106,780 | -86.5% |
| Profit (loss) for the period | 9904 | €374,459 | €60,011 | -€314,447 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €374,459 | €60,011 | -€314,447 | -84.0% |
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 12 October 2026 via checked.be.