MFP Education: 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.
MFP Education
Largest movements
- Stocks and contracts +€4,530
new in 2025: €4,530
- Cash -€653
down €653 (-86.8%), from €752 to €100
mainly Stocks and contracts (-€4,530) and Net result for the year (-€1,496)
- Other debts +€5,051
up €5,051 (+174%), from €2,895 to €7,946
- Profit (loss) carried forward -€1,496
down €1,496 (-17.9%), from -€8,378 to -€9,874
- Trade debts +€323
up €323 (+67.4%), from €479 to €802
- Gross operating margin +€4,962
up €4,962 (+87.6%), from -€5,661 to -€699
- Depreciation -€1,751
down €1,751 (-100%), from €1,751 to €0
- Other operating charges -€357
down €357 (-40.2%), from €889 to €532
- Financial charges +€172
up €172 (+184%), from €93 to €265
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 | €997 | €4,875 | +€3,878 | +389% |
| Current assets | 29/58 | €997 | €4,875 | +€3,878 | +389% |
| Stocks and contracts in progress | 3 | - | €4,530 | +€4,530 | |
| Stocks | 30/36 | - | €4,530 | +€4,530 | |
| Amounts receivable within one year | 40/41 | €33 | €41 | +€8 | +23.8% |
| Trade receivables | 40 | - | €8 | +€8 | |
| Other amounts receivable | 41 | €33 | €33 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €752 | €100 | -€653 | -86.8% |
| Deferred charges and accrued income | 490/1 | €212 | €205 | -€7 | -3.5% |
| Total equity and liabilities | 10/49 | €997 | €4,875 | +€3,878 | +389% |
| Equity | 10/15 | -€2,378 | -€3,874 | -€1,496 | -62.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,378 | -€9,874 | -€1,496 | -17.9% |
| Amounts payable | 17/49 | €3,375 | €8,749 | +€5,374 | +159% |
| Amounts payable within one year | 42/48 | €3,375 | €8,749 | +€5,374 | +159% |
| Trade debts | 44 | €479 | €802 | +€323 | +67.4% |
| Suppliers | 440/4 | €479 | €802 | +€323 | +67.4% |
| Other amounts payable | 47/48 | €2,895 | €7,946 | +€5,051 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,751 | €0 | -€1,751 | -100% |
| Other operating charges | 640/8 | €889 | €532 | -€357 | -40.2% |
| Gross operating margin | 9900 | -€5,661 | -€699 | +€4,962 | +87.6% |
| Operating profit (loss) | 9901 | -€8,300 | -€1,231 | +€7,069 | +85.2% |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €93 | €265 | +€172 | +184% |
| Recurring financial charges | 65 | €93 | €265 | +€172 | +184% |
| Profit (loss) for the period before taxes | 9903 | -€8,378 | -€1,496 | +€6,881 | +82.1% |
| Profit (loss) for the period | 9904 | -€8,378 | -€1,496 | +€6,881 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,378 | -€1,496 | +€6,881 | +82.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.