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MBR CONSTRUCT: 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.

What changed

MBR CONSTRUCT

BE 0841.370.179
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,180
2023 · €32,633-€28,453
Equity
€103,518
2023 · €99,338+€4,180
Cash
€24,445
2023 · €15,323+€9,122
Balance sheet total
€130,237
2023 · €121,212+€9,025

Largest movements

2023 to 2024
Assets
  • Cash +€9,122

    up €9,122 (+59.5%), from €15,323 to €24,445

    mainly Trade debts (+€8,191) and Net result for the year (+€4,180)

Equity and liabilities
  • Trade debts +€8,191

    up €8,191 (+44.6%), from €18,376 to €26,567

  • Profit (loss) carried forward +€4,180

    up €4,180 (+5.9%), from €71,278 to €75,458

  • Other debts -€3,400

    no longer reported in 2024 (was €3,400)

Income statement
  • Purchases and services +€108,078

    up €108,078 (+51.8%), from €208,582 to €316,660

  • Turnover +€63,750

    up €63,750 (+23.9%), from €266,793 to €330,544

  • Gross operating margin -€44,633

    down €44,633 (-76.3%), from €58,521 to €13,888

  • Financial charges -€23,379

    down €23,379 (-99.5%), from €23,502 to €123

    of which Non-recurring financial charges: -€22,583

  • Staff costs +€6,126

    new in 2024: €6,126

From the 2023 result to the 2024 result

effect on the 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 2023 €32,633
Gross operating margin -€44,633
Staff costs -€6,126
Depreciation -€897
Other operating charges -€344
Financial income +€168
Financial charges +€23,379
Result 2024 €4,180

Cash bridge derived

cash 2023 to 2024

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.

From operations +€13,072
Investment -€3,950
Financing €0
Cash 2023 €15,323
Net result for the year +€4,180
Depreciation +€2,751
Receivables within one year +€1,295
Trade debts +€8,191
Tax, wage and social debts +€54
Other debts -€3,400
Investment in fixed assets (net) -€3,950
Cash 2024 €24,445
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €121,212 €130,237 +€9,025 +7.4%
Fixed assets 21/28 €3,235 €4,434 +€1,199 +37.0%
Tangible fixed assets 22/27 €2,135 €3,334 +€1,199 +56.1%
Furniture and vehicles 24 €2,135 €3,334 +€1,199 +56.1%
Financial fixed assets 28 €1,100 €1,100 = 0.0%
Current assets 29/58 €117,976 €125,803 +€7,827 +6.6%
Amounts receivable within one year 40/41 €102,653 €101,358 -€1,295 -1.3%
Trade receivables 40 €88,800 €87,241 -€1,560 -1.8%
Other amounts receivable 41 €13,853 €14,117 +€265 +1.9%
Cash at bank and in hand 54/58 €15,323 €24,445 +€9,122 +59.5%
Total equity and liabilities 10/49 €121,212 €130,237 +€9,025 +7.4%
Equity 10/15 €99,338 €103,518 +€4,180 +4.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Capital 10 €6,200 €6,200 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Uncalled capital 101 €12,400 €12,400 = 0.0%
Reserves 13 €21,860 €21,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Legal reserve 130 €1,860 €1,860 = 0.0%
Distributable reserves 133 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 €71,278 €75,458 +€4,180 +5.9%
Amounts payable 17/49 €21,874 €26,719 +€4,845 +22.1%
Amounts payable within one year 42/48 €21,874 €26,719 +€4,845 +22.1%
Trade debts 44 €18,376 €26,567 +€8,191 +44.6%
Suppliers 440/4 €18,376 €26,567 +€8,191 +44.6%
Taxes, remuneration and social security 45 €98 €152 +€54 +54.7%
Taxes 450/3 €98 €152 +€54 +54.7%
Other amounts payable 47/48 €3,400 - -€3,400
Turnover 70 €266,793 €330,544 +€63,750 +23.9%
Goods, raw materials, services and sundry goods 60/61 €208,582 €316,660 +€108,078 +51.8%
Remuneration, social security and pensions 62 - €6,126 +€6,126
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,854 €2,751 +€897 +48.4%
Other operating charges 640/8 €1,112 €1,456 +€344 +30.9%
Gross operating margin 9900 €58,521 €13,888 -€44,633 -76.3%
Operating profit (loss) 9901 €55,555 €3,555 -€52,000 -93.6%
Financial income 75/76B €580 €748 +€168 +29.0%
Recurring financial income 75 €580 €748 +€168 +29.0%
Financial charges 65/66B €23,502 €123 -€23,379 -99.5%
Recurring financial charges 65 €919 €123 -€796 -86.6%
Non-recurring financial charges 66B €22,583 - -€22,583
Profit (loss) for the period before taxes 9903 €32,633 €4,180 -€28,453 -87.2%
Profit (loss) for the period 9904 €32,633 €4,180 -€28,453 -87.2%
Profit (loss) for the period to be appropriated 9905 €32,633 €4,180 -€28,453 -87.2%

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.