MBPS: what changed
Two fiscal 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.
MBPS
Largest movements
- Stocks and contracts +€444,771
up €444,771 (+39.8%), from €1.1m to €1.6m
- Other debts +€363,307
up €363,307 (+109.8%), from €331,012 to €694,319
- Debts after one year +€160,501
up €160,501 (+18.5%), from €866,841 to €1.0m
- Profit (loss) carried forward -€110,671
down €110,671 (-53.6%), from -€206,458 to -€317,129
- Trade debts +€49,920
up €49,920 (+39.3%), from €127,177 to €177,097
- Financial charges +€37,822
up €37,822 (+102.7%), from €36,824 to €74,647
- Gross operating margin +€8,407
up €8,407 (+20.1%), from -€41,813 to -€33,407
- Financial income -€795
no longer reported in 2024 (was €795)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,138,572 | €1,601,630 | +€463,058 | +40.7% |
| Current assets | 29/58 | €1,138,572 | €1,601,630 | +€463,058 | +40.7% |
| Stocks and contracts in progress | 3 | €1,117,117 | €1,561,888 | +€444,771 | +39.8% |
| Stocks | 30/36 | €1,117,117 | €1,561,888 | +€444,771 | +39.8% |
| Amounts receivable within one year | 40/41 | €16,167 | €30,000 | +€13,833 | +85.6% |
| Other amounts receivable | 41 | €16,167 | €30,000 | +€13,833 | +85.6% |
| Cash at bank and in hand | 54/58 | €4,928 | €9,742 | +€4,814 | +97.7% |
| Deferred charges and accrued income | 490/1 | €360 | - | -€360 | |
| Total equity and liabilities | 10/49 | €1,138,572 | €1,601,630 | +€463,058 | +40.7% |
| Equity | 10/15 | -€186,458 | -€297,129 | -€110,671 | -59.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206,458 | -€317,129 | -€110,671 | -53.6% |
| Amounts payable | 17/49 | €1,325,030 | €1,898,759 | +€573,729 | +43.3% |
| Amounts payable after more than one year | 17 | €866,841 | €1,027,342 | +€160,501 | +18.5% |
| Financial debts | 170/4 | €866,841 | €1,027,342 | +€160,501 | +18.5% |
| Amounts payable within one year | 42/48 | €458,189 | €871,416 | +€413,228 | +90.2% |
| Trade debts | 44 | €127,177 | €177,097 | +€49,920 | +39.3% |
| Suppliers | 440/4 | €127,177 | €177,097 | +€49,920 | +39.3% |
| Other amounts payable | 47/48 | €331,012 | €694,319 | +€363,307 | +109.8% |
| Other operating charges | 640/8 | €2,274 | €2,618 | +€344 | +15.1% |
| Gross operating margin | 9900 | -€41,813 | -€33,407 | +€8,407 | +20.1% |
| Operating profit (loss) | 9901 | -€44,087 | -€36,024 | +€8,063 | +18.3% |
| Financial income | 75/76B | €795 | - | -€795 | |
| Recurring financial income | 75 | €795 | - | -€795 | |
| Financial charges | 65/66B | €36,824 | €74,647 | +€37,822 | +102.7% |
| Recurring financial charges | 65 | €36,824 | €74,647 | +€37,822 | +102.7% |
| Profit (loss) for the period before taxes | 9903 | -€80,116 | -€110,671 | -€30,555 | -38.1% |
| Profit (loss) for the period | 9904 | -€80,116 | -€110,671 | -€30,555 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,116 | -€110,671 | -€30,555 | -38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.