MFL BOUW: 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.
MFL BOUW
Largest movements
- Cash +€57,628
up €57,628 (+142%), from €40,658 to €98,286
mainly Net result for the year (+€52,280) and Depreciation (+€13,846)
- Tangible fixed assets -€13,846
down €13,846 (-36.2%), from €38,226 to €24,380
of which Furniture and vehicles: -€13,580
- Receivables within one year +€3,016
up €3,016 (+24.0%), from €12,584 to €15,600
- Profit (loss) carried forward +€52,280
up €52,280 (+99.8%), from €52,372 to €104,652
- Other debts -€5,835
down €5,835 (-40.5%), from €14,403 to €8,568
- Gross operating margin +€16,534
up €16,534 (+25.6%), from €64,660 to €81,194
- Taxes +€3,092
up €3,092 (+28.0%), from €11,063 to €14,155
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 | €92,236 | €139,058 | +€46,822 | +50.8% |
| Fixed assets | 21/28 | €38,676 | €24,830 | -€13,846 | -35.8% |
| Tangible fixed assets | 22/27 | €38,226 | €24,380 | -€13,846 | -36.2% |
| Furniture and vehicles | 24 | €35,904 | €22,324 | -€13,580 | -37.8% |
| Other tangible fixed assets | 26 | €2,322 | €2,056 | -€266 | -11.4% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €53,560 | €114,228 | +€60,668 | +113% |
| Amounts receivable within one year | 40/41 | €12,584 | €15,600 | +€3,016 | +24.0% |
| Trade receivables | 40 | €12,584 | €15,600 | +€3,016 | +24.0% |
| Cash at bank and in hand | 54/58 | €40,658 | €98,286 | +€57,628 | +142% |
| Deferred charges and accrued income | 490/1 | €318 | €342 | +€24 | +7.4% |
| Total equity and liabilities | 10/49 | €92,236 | €139,058 | +€46,822 | +50.8% |
| Equity | 10/15 | €53,372 | €105,652 | +€52,280 | +98.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,372 | €104,652 | +€52,280 | +99.8% |
| Amounts payable | 17/49 | €38,864 | €33,405 | -€5,459 | -14.0% |
| Amounts payable within one year | 42/48 | €38,864 | €33,405 | -€5,459 | -14.0% |
| Trade debts | 44 | €3,504 | €2,978 | -€526 | -15.0% |
| Suppliers | 440/4 | €3,504 | €2,978 | -€526 | -15.0% |
| Taxes, remuneration and social security | 45 | €20,957 | €21,860 | +€902 | +4.3% |
| Taxes | 450/3 | €20,957 | €21,860 | +€902 | +4.3% |
| Other amounts payable | 47/48 | €14,403 | €8,568 | -€5,835 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,846 | €13,846 | = | 0.0% |
| Other operating charges | 640/8 | €285 | €571 | +€286 | +101% |
| Gross operating margin | 9900 | €64,660 | €81,194 | +€16,534 | +25.6% |
| Operating profit (loss) | 9901 | €50,530 | €66,777 | +€16,247 | +32.2% |
| Financial charges | 65/66B | €142 | €342 | +€200 | +142% |
| Recurring financial charges | 65 | €142 | €342 | +€200 | +142% |
| Profit (loss) for the period before taxes | 9903 | €50,388 | €66,435 | +€16,047 | +31.8% |
| Income taxes | 67/77 | €11,063 | €14,155 | +€3,092 | +28.0% |
| Profit (loss) for the period | 9904 | €39,326 | €52,280 | +€12,955 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,326 | €52,280 | +€12,955 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.