MBS Consulting: 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.
MBS Consulting
Largest movements
- Cash +€32,754
up €32,754 (+6,012%), from €545 to €33,299
mainly Net result for the year (+€103,058) and Receivables after one year (+€25,000)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Tangible fixed assets -€16,250
down €16,250 (-7.4%), from €219,866 to €203,616
of which Furniture and vehicles: -€11,916
- Receivables within one year -€5,656
down €5,656 (-35.3%), from €16,018 to €10,363
- Debts after one year -€25,855
down €25,855 (-15.9%), from €163,032 to €137,178
- Other debts -€17,514
down €17,514 (-21.8%), from €80,511 to €62,997
- Tax, wage and social debts +€14,999
up €14,999 (+339%), from €4,425 to €19,424
- Profit (loss) carried forward +€11,058
up €11,058 (+43.9%), from €25,183 to €36,240
- Gross operating margin +€68,479
up €68,479 (+72.7%), from €94,136 to €162,615
- Taxes +€15,683
up €15,683 (+103%), from €15,218 to €30,902
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 | €301,838 | €287,687 | -€14,150 | -4.7% |
| Fixed assets | 21/28 | €219,866 | €203,616 | -€16,250 | -7.4% |
| Tangible fixed assets | 22/27 | €219,866 | €203,616 | -€16,250 | -7.4% |
| Land and buildings | 22 | €183,721 | €178,876 | -€4,845 | -2.6% |
| Plant, machinery and equipment | 23 | €16,217 | €16,728 | +€511 | +3.1% |
| Furniture and vehicles | 24 | €19,927 | €8,012 | -€11,916 | -59.8% |
| Current assets | 29/58 | €81,971 | €84,071 | +€2,100 | +2.6% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €16,018 | €10,363 | -€5,656 | -35.3% |
| Trade receivables | 40 | €16,018 | €10,363 | -€5,656 | -35.3% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €545 | €33,299 | +€32,754 | +6,012% |
| Deferred charges and accrued income | 490/1 | €408 | €409 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €301,838 | €287,687 | -€14,150 | -4.7% |
| Equity | 10/15 | €27,183 | €38,240 | +€11,058 | +40.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,183 | €36,240 | +€11,058 | +43.9% |
| Amounts payable | 17/49 | €274,655 | €249,447 | -€25,208 | -9.2% |
| Amounts payable after more than one year | 17 | €163,032 | €137,178 | -€25,855 | -15.9% |
| Financial debts | 170/4 | €163,032 | €137,178 | -€25,855 | -15.9% |
| Amounts payable within one year | 42/48 | €111,622 | €112,269 | +€647 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €25,397 | €25,855 | +€457 | +1.8% |
| Trade debts | 44 | €1,289 | €3,993 | +€2,704 | +210% |
| Suppliers | 440/4 | €1,289 | €3,993 | +€2,704 | +210% |
| Taxes, remuneration and social security | 45 | €4,425 | €19,424 | +€14,999 | +339% |
| Taxes | 450/3 | €4,425 | €19,424 | +€14,999 | +339% |
| Other amounts payable | 47/48 | €80,511 | €62,997 | -€17,514 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,483 | €18,808 | +€1,325 | +7.6% |
| Other operating charges | 640/8 | €2,195 | €1,481 | -€714 | -32.5% |
| Gross operating margin | 9900 | €94,136 | €162,615 | +€68,479 | +72.7% |
| Operating profit (loss) | 9901 | €74,458 | €142,327 | +€67,869 | +91.2% |
| Financial income | 75/76B | €1,412 | €3 | -€1,409 | -99.8% |
| Recurring financial income | 75 | €1,412 | €3 | -€1,409 | -99.8% |
| Financial charges | 65/66B | €9,586 | €8,370 | -€1,216 | -12.7% |
| Recurring financial charges | 65 | €9,586 | €8,370 | -€1,216 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €66,284 | €133,959 | +€67,676 | +102% |
| Income taxes | 67/77 | €15,218 | €30,902 | +€15,683 | +103% |
| Profit (loss) for the period | 9904 | €51,065 | €103,058 | +€51,992 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €51,065 | €103,058 | +€51,992 | +102% |
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 14 October 2026 via checked.be.