MFBS: 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.
MFBS
Largest movements
- Cash +€41,748
up €41,748 (+111.2%), from €37,532 to €79,280
mainly Net result for the year (+€41,285) and Depreciation (+€4,514)
- Stocks and contracts -€1,679
down €1,679 (-53.3%), from €3,152 to €1,473
- Profit (loss) carried forward +€41,285
up €41,285 (+68.9%), from €59,953 to €101,239
- Tax, wage and social debts +€2,145
up €2,145 (+15.0%), from €14,271 to €16,417
- Trade debts -€1,378
down €1,378 (-51.5%), from €2,677 to €1,299
- Gross operating margin +€15,773
up €15,773 (+32.3%), from €48,906 to €64,679
- Depreciation +€2,582
up €2,582 (+133.6%), from €1,932 to €4,514
- Other operating charges +€2,511
up €2,511 (+245.0%), from €1,025 to €3,536
- Financial charges +€1,887
up €1,887 (+642.1%), from €294 to €2,181
- Taxes +€1,298
up €1,298 (+10.9%), from €11,865 to €13,163
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 | €79,721 | €121,454 | +€41,733 | +52.3% |
| Fixed assets | 21/28 | €14,886 | €14,598 | -€288 | -1.9% |
| Tangible fixed assets | 22/27 | €14,636 | €14,348 | -€288 | -2.0% |
| Plant, machinery and equipment | 23 | - | €3,823 | +€3,823 | |
| Furniture and vehicles | 24 | €12,551 | €8,870 | -€3,681 | -29.3% |
| Other tangible fixed assets | 26 | €2,085 | €1,655 | -€430 | -20.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €64,835 | €106,856 | +€42,021 | +64.8% |
| Stocks and contracts in progress | 3 | €3,152 | €1,473 | -€1,679 | -53.3% |
| Stocks | 30/36 | €3,152 | €1,473 | -€1,679 | -53.3% |
| Amounts receivable within one year | 40/41 | €23,583 | €24,568 | +€985 | +4.2% |
| Trade receivables | 40 | €12,465 | €13,491 | +€1,026 | +8.2% |
| Other amounts receivable | 41 | €11,118 | €11,078 | -€41 | -0.4% |
| Cash at bank and in hand | 54/58 | €37,532 | €79,280 | +€41,748 | +111.2% |
| Deferred charges and accrued income | 490/1 | €569 | €1,535 | +€967 | +170.0% |
| Total equity and liabilities | 10/49 | €79,721 | €121,454 | +€41,733 | +52.3% |
| Equity | 10/15 | €62,453 | €103,739 | +€41,285 | +66.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,953 | €101,239 | +€41,285 | +68.9% |
| Amounts payable | 17/49 | €17,268 | €17,715 | +€448 | +2.6% |
| Amounts payable within one year | 42/48 | €16,948 | €17,715 | +€768 | +4.5% |
| Trade debts | 44 | €2,677 | €1,299 | -€1,378 | -51.5% |
| Suppliers | 440/4 | €2,677 | €1,299 | -€1,378 | -51.5% |
| Taxes, remuneration and social security | 45 | €14,271 | €16,417 | +€2,145 | +15.0% |
| Taxes | 450/3 | €14,271 | €16,417 | +€2,145 | +15.0% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,932 | €4,514 | +€2,582 | +133.6% |
| Other operating charges | 640/8 | €1,025 | €3,536 | +€2,511 | +245.0% |
| Gross operating margin | 9900 | €48,906 | €64,679 | +€15,773 | +32.3% |
| Operating profit (loss) | 9901 | €45,949 | €56,629 | +€10,680 | +23.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €294 | €2,181 | +€1,887 | +642.1% |
| Recurring financial charges | 65 | €294 | €2,181 | +€1,887 | +642.1% |
| Profit (loss) for the period before taxes | 9903 | €45,655 | €54,448 | +€8,793 | +19.3% |
| Income taxes | 67/77 | €11,865 | €13,163 | +€1,298 | +10.9% |
| Profit (loss) for the period | 9904 | €33,791 | €41,285 | +€7,495 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,791 | €41,285 | +€7,495 | +22.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.