MFV IT CONSULTING: 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.
MFV IT CONSULTING
Largest movements
- Tangible fixed assets -€9,494
down €9,494 (-21.6%), from €43,912 to €34,419
of which Furniture and vehicles: -€7,602
- Cash +€7,442
up €7,442 (+14.7%), from €50,666 to €58,108
mainly Net result for the year (+€24,948) and Depreciation (+€13,989)
- Receivables within one year +€3,728
up €3,728 (+21.2%), from €17,558 to €21,285
of which Other amounts receivable: +€5,757
- Reserves +€16,945
up €16,945 (+21.4%), from €79,360 to €96,305
of which Distributable reserves: +€16,945
- Tax, wage and social debts -€6,753
no longer reported in 2025 (was €6,753)
- Debts after one year -€6,678
down €6,678 (-41.1%), from €16,252 to €9,574
- Trade debts -€1,971
down €1,971 (-83.3%), from €2,367 to €396
- Other operating charges -€3,840
down €3,840 (-78.8%), from €4,872 to €1,031
- Depreciation +€962
up €962 (+7.4%), from €13,027 to €13,989
- Taxes +€676
up €676 (+7.1%), from €9,506 to €10,182
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 | €113,553 | €115,325 | +€1,772 | +1.6% |
| Fixed assets | 21/28 | €43,942 | €34,449 | -€9,494 | -21.6% |
| Tangible fixed assets | 22/27 | €43,912 | €34,419 | -€9,494 | -21.6% |
| Plant, machinery and equipment | 23 | €3,546 | €3,030 | -€516 | -14.5% |
| Furniture and vehicles | 24 | €37,159 | €29,557 | -€7,602 | -20.5% |
| Other tangible fixed assets | 26 | €3,207 | €1,831 | -€1,376 | -42.9% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €69,610 | €80,876 | +€11,266 | +16.2% |
| Amounts receivable within one year | 40/41 | €17,558 | €21,285 | +€3,728 | +21.2% |
| Trade receivables | 40 | €15,558 | €13,528 | -€2,030 | -13.0% |
| Other amounts receivable | 41 | €2,000 | €7,757 | +€5,757 | +288% |
| Cash at bank and in hand | 54/58 | €50,666 | €58,108 | +€7,442 | +14.7% |
| Deferred charges and accrued income | 490/1 | €1,386 | €1,483 | +€96 | +6.9% |
| Total equity and liabilities | 10/49 | €113,553 | €115,325 | +€1,772 | +1.6% |
| Equity | 10/15 | €79,713 | €96,661 | +€16,948 | +21.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €79,360 | €96,305 | +€16,945 | +21.4% |
| Tax-exempt reserves | 132 | €395 | €395 | = | 0.0% |
| Distributable reserves | 133 | €78,965 | €95,910 | +€16,945 | +21.5% |
| Profit (loss) carried forward | 14 | €153 | €156 | +€3 | +2.1% |
| Amounts payable | 17/49 | €33,840 | €18,664 | -€15,176 | -44.8% |
| Amounts payable after more than one year | 17 | €16,252 | €9,574 | -€6,678 | -41.1% |
| Financial debts | 170/4 | €16,252 | €9,574 | -€6,678 | -41.1% |
| Amounts payable within one year | 42/48 | €15,733 | €7,074 | -€8,659 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €6,613 | €6,678 | +€65 | +1.0% |
| Trade debts | 44 | €2,367 | €396 | -€1,971 | -83.3% |
| Suppliers | 440/4 | €2,367 | €396 | -€1,971 | -83.3% |
| Taxes, remuneration and social security | 45 | €6,753 | - | -€6,753 | |
| Taxes | 450/3 | €6,753 | - | -€6,753 | |
| Accrued charges and deferred income | 492/3 | €1,855 | €2,016 | +€161 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,027 | €13,989 | +€962 | +7.4% |
| Other operating charges | 640/8 | €4,872 | €1,031 | -€3,840 | -78.8% |
| Gross operating margin | 9900 | €50,756 | €50,405 | -€351 | -0.7% |
| Operating profit (loss) | 9901 | €32,857 | €35,385 | +€2,528 | +7.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €311 | €256 | -€55 | -17.7% |
| Recurring financial charges | 65 | €311 | €256 | -€55 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €32,546 | €35,130 | +€2,584 | +7.9% |
| Income taxes | 67/77 | €9,506 | €10,182 | +€676 | +7.1% |
| Profit (loss) for the period | 9904 | €23,040 | €24,948 | +€1,908 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,040 | €24,948 | +€1,908 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.