MFI HOLDING: 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.
MFI HOLDING
Largest movements
- Receivables within one year +€46,525
up €46,525 (+189.0%), from €24,614 to €71,140
of which Other amounts receivable: +€46,525
- Reserves +€119,250
up €119,250 (+128.9%), from €92,500 to €211,750
- Debts after one year -€77,691
down €77,691 (-7.1%), from €1.1m to €1.0m
of which Financial debts: -€67,691
- Financial income +€30,000
up €30,000 (+30.0%), from €100,000 to €130,000
- Gross operating margin +€5,821
up €5,821 (+21.2%), from €27,442 to €33,263
- Financial charges +€5,297
up €5,297 (+21.1%), from €25,145 to €30,442
- Taxes +€3,070
up €3,070 (+31.6%), from €9,709 to €12,780
- Other operating charges +€781
new in 2025: €781
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 | €1,411,704 | €1,467,690 | +€55,985 | +4.0% |
| Fixed assets | 21/28 | €1,335,000 | €1,335,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,335,000 | €1,335,000 | = | 0.0% |
| Current assets | 29/58 | €76,704 | €132,690 | +€55,985 | +73.0% |
| Amounts receivable within one year | 40/41 | €24,614 | €71,140 | +€46,525 | +189.0% |
| Trade receivables | 40 | €11,598 | €11,598 | = | 0.0% |
| Other amounts receivable | 41 | €13,017 | €59,542 | +€46,525 | +357.4% |
| Cash at bank and in hand | 54/58 | €51,990 | €61,550 | +€9,560 | +18.4% |
| Deferred charges and accrued income | 490/1 | €100 | - | -€100 | |
| Total equity and liabilities | 10/49 | €1,411,704 | €1,467,690 | +€55,985 | +4.0% |
| Equity | 10/15 | €226,088 | €345,348 | +€119,261 | +52.7% |
| Contributions | 10/11 | €133,500 | €133,500 | = | 0.0% |
| Reserves | 13 | €92,500 | €211,750 | +€119,250 | +128.9% |
| Distributable reserves | 133 | €92,500 | €211,750 | +€119,250 | +128.9% |
| Profit (loss) carried forward | 14 | €88 | €98 | +€11 | +12.1% |
| Amounts payable | 17/49 | €1,185,617 | €1,122,341 | -€63,275 | -5.3% |
| Amounts payable after more than one year | 17 | €1,089,424 | €1,011,732 | -€77,691 | -7.1% |
| Financial debts | 170/4 | €387,924 | €320,232 | -€67,691 | -17.4% |
| Other amounts payable | 178/9 | €701,500 | €691,500 | -€10,000 | -1.4% |
| Amounts payable within one year | 42/48 | €86,003 | €100,515 | +€14,512 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €65,012 | €67,691 | +€2,679 | +4.1% |
| Trade debts | 44 | - | €9,363 | +€9,363 | |
| Suppliers | 440/4 | - | €9,363 | +€9,363 | |
| Taxes, remuneration and social security | 45 | €20,991 | €23,461 | +€2,470 | +11.8% |
| Taxes | 450/3 | €20,991 | €23,461 | +€2,470 | +11.8% |
| Accrued charges and deferred income | 492/3 | €10,190 | €10,094 | -€96 | -0.9% |
| Other operating charges | 640/8 | - | €781 | +€781 | |
| Gross operating margin | 9900 | €27,442 | €33,263 | +€5,821 | +21.2% |
| Operating profit (loss) | 9901 | €27,442 | €32,482 | +€5,040 | +18.4% |
| Financial income | 75/76B | €100,000 | €130,000 | +€30,000 | +30.0% |
| Recurring financial income | 75 | €100,000 | €130,000 | +€30,000 | +30.0% |
| Financial charges | 65/66B | €25,145 | €30,442 | +€5,297 | +21.1% |
| Recurring financial charges | 65 | €25,145 | €30,442 | +€5,297 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €102,297 | €132,040 | +€29,743 | +29.1% |
| Income taxes | 67/77 | €9,709 | €12,780 | +€3,070 | +31.6% |
| Profit (loss) for the period | 9904 | €92,588 | €119,261 | +€26,673 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,588 | €119,261 | +€26,673 | +28.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.