MBV Consult: 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.
MBV Consult
Largest movements
- Cash -€22,411
down €22,411 (-30.5%), from €73,382 to €50,970
mainly Contributions, distributions and other (-€91,429) and Receivables within one year (-€880)
- Receivables within one year +€880
up €880 (+8.3%), from €10,557 to €11,437
of which Other amounts receivable: +€616
- Reserves -€54,583
down €54,583 (-100.0%), from €54,583 to €0
- Other debts +€30,944
up €30,944 (+109.8%), from €28,169 to €59,113
- Trade debts +€1,249
up €1,249 (+65.9%), from €1,895 to €3,144
- Gross operating margin -€11,332
down €11,332 (-18.2%), from €62,104 to €50,772
- Taxes +€6,529
up €6,529 (+165.8%), from €3,939 to €10,468
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 | €86,189 | €63,750 | -€22,440 | -26.0% |
| Fixed assets | 21/28 | €923 | €235 | -€688 | -74.5% |
| Tangible fixed assets | 22/27 | €923 | €235 | -€688 | -74.5% |
| Furniture and vehicles | 24 | €923 | €235 | -€688 | -74.5% |
| Current assets | 29/58 | €85,266 | €63,515 | -€21,751 | -25.5% |
| Amounts receivable within one year | 40/41 | €10,557 | €11,437 | +€880 | +8.3% |
| Trade receivables | 40 | €10,440 | €10,704 | +€264 | +2.5% |
| Other amounts receivable | 41 | €117 | €733 | +€616 | +527.6% |
| Cash at bank and in hand | 54/58 | €73,382 | €50,970 | -€22,411 | -30.5% |
| Deferred charges and accrued income | 490/1 | €1,328 | €1,107 | -€220 | -16.6% |
| Total equity and liabilities | 10/49 | €86,189 | €63,750 | -€22,440 | -26.0% |
| Equity | 10/15 | €55,583 | €1,000 | -€54,583 | -98.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,583 | €0 | -€54,583 | -100.0% |
| Distributable reserves | 133 | €54,583 | €0 | -€54,583 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,606 | €62,750 | +€32,144 | +105.0% |
| Amounts payable within one year | 42/48 | €30,595 | €62,739 | +€32,144 | +105.1% |
| Financial debts | 43 | €14 | €14 | = | 0.0% |
| Credit institutions | 430/8 | €14 | €14 | = | 0.0% |
| Trade debts | 44 | €1,895 | €3,144 | +€1,249 | +65.9% |
| Suppliers | 440/4 | €1,895 | €3,144 | +€1,249 | +65.9% |
| Taxes, remuneration and social security | 45 | €517 | €468 | -€48 | -9.4% |
| Taxes | 450/3 | €517 | €468 | -€48 | -9.4% |
| Other amounts payable | 47/48 | €28,169 | €59,113 | +€30,944 | +109.8% |
| Accrued charges and deferred income | 492/3 | €11 | €11 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | €688 | = | 0.0% |
| Other operating charges | 640/8 | €1,058 | €1,207 | +€149 | +14.1% |
| Gross operating margin | 9900 | €62,104 | €50,772 | -€11,332 | -18.2% |
| Operating profit (loss) | 9901 | €60,358 | €48,877 | -€11,481 | -19.0% |
| Financial charges | 65/66B | €1,835 | €1,563 | -€273 | -14.9% |
| Recurring financial charges | 65 | €1,835 | €1,563 | -€273 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €58,522 | €47,314 | -€11,208 | -19.2% |
| Income taxes | 67/77 | €3,939 | €10,468 | +€6,529 | +165.8% |
| Profit (loss) for the period | 9904 | €54,583 | €36,846 | -€17,737 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,583 | €36,846 | -€17,737 | -32.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.