MBS TEAM: 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.
MBS TEAM
Largest movements
- Receivables within one year +€131,991
up €131,991 (+339.2%), from €38,910 to €170,901
of which Other amounts receivable: +€99,235
- Other debts +€48,616
up €48,616 (+1266.0%), from €3,840 to €52,456
- Advances received +€47,149
up €47,149 (+11548.4%), from €408 to €47,557
- Tax, wage and social debts +€19,214
up €19,214 (+104.5%), from €18,383 to €37,597
of which Remuneration and social security: +€15,760
- Trade debts +€12,161
up €12,161 (+91.8%), from €13,254 to €25,415
- Profit (loss) carried forward +€6,139
up €6,139 (+135.1%), from €4,543 to €10,681
- Taxes +€2,013
up €2,013, from -€379 to €1,634
- Gross operating margin +€1,616
up €1,616 (+23.0%), from €7,035 to €8,651
- Financial charges +€88
up €88 (+22.2%), from €395 to €482
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 | €42,928 | €176,207 | +€133,279 | +310.5% |
| Fixed assets | 21/28 | €1,096 | €697 | -€399 | -36.4% |
| Tangible fixed assets | 22/27 | €796 | €397 | -€399 | -50.1% |
| Furniture and vehicles | 24 | €796 | €397 | -€399 | -50.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €41,831 | €175,510 | +€133,678 | +319.6% |
| Amounts receivable within one year | 40/41 | €38,910 | €170,901 | +€131,991 | +339.2% |
| Trade receivables | 40 | €38,470 | €71,226 | +€32,756 | +85.1% |
| Other amounts receivable | 41 | €440 | €99,675 | +€99,235 | +22553.5% |
| Current investments | 50/53 | €2,258 | €2,268 | +€10 | +0.4% |
| Cash at bank and in hand | 54/58 | €663 | €2,340 | +€1,677 | +253.0% |
| Total equity and liabilities | 10/49 | €42,928 | €176,207 | +€133,279 | +310.5% |
| Equity | 10/15 | €7,043 | €13,181 | +€6,139 | +87.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,543 | €10,681 | +€6,139 | +135.1% |
| Amounts payable | 17/49 | €35,885 | €163,025 | +€127,140 | +354.3% |
| Amounts payable within one year | 42/48 | €35,885 | €163,025 | +€127,140 | +354.3% |
| Trade debts | 44 | €13,254 | €25,415 | +€12,161 | +91.8% |
| Suppliers | 440/4 | €13,254 | €25,415 | +€12,161 | +91.8% |
| Advances received on contracts in progress | 46 | €408 | €47,557 | +€47,149 | +11548.4% |
| Taxes, remuneration and social security | 45 | €18,383 | €37,597 | +€19,214 | +104.5% |
| Taxes | 450/3 | €2,383 | €5,837 | +€3,454 | +145.0% |
| Remuneration and social security | 454/9 | €16,000 | €31,760 | +€15,760 | +98.5% |
| Other amounts payable | 47/48 | €3,840 | €52,456 | +€48,616 | +1266.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €399 | = | 0.0% |
| Gross operating margin | 9900 | €7,035 | €8,651 | +€1,616 | +23.0% |
| Operating profit (loss) | 9901 | €6,636 | €8,252 | +€1,616 | +24.4% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €395 | €482 | +€88 | +22.2% |
| Recurring financial charges | 65 | €395 | €482 | +€88 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €6,241 | €7,773 | +€1,532 | +24.6% |
| Income taxes | 67/77 | -€379 | €1,634 | +€2,013 | |
| Profit (loss) for the period | 9904 | €6,620 | €6,139 | -€481 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,620 | €6,139 | -€481 | -7.3% |
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 7 October 2026 via checked.be.