MN SUPPORT: 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.
MN SUPPORT
Largest movements
- Current investments +€301,824
up €301,824 (+17.7%), from €1.7m to €2.0m
- Tangible fixed assets -€130,959
down €130,959 (-6.6%), from €2.0m to €1.8m
of which Land and buildings: -€116,634
- Reserves +€168,745
up €168,745 (+4.5%), from €3.8m to €3.9m
- Gross operating margin -€24,041
down €24,041 (-5.1%), from €468,489 to €444,448
- Purchases and services -€20,588
down €20,588 (-14.2%), from €145,181 to €124,593
- Other operating charges -€10,772
down €10,772 (-9.0%), from €119,463 to €108,691
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 | €3,828,823 | €4,004,279 | +€175,456 | +4.6% |
| Fixed assets | 21/28 | €1,977,200 | €1,846,241 | -€130,959 | -6.6% |
| Tangible fixed assets | 22/27 | €1,976,565 | €1,845,606 | -€130,959 | -6.6% |
| Land and buildings | 22 | €1,504,826 | €1,388,192 | -€116,634 | -7.8% |
| Furniture and vehicles | 24 | €1,414 | €816 | -€598 | -42.3% |
| Other tangible fixed assets | 26 | €470,325 | €456,598 | -€13,727 | -2.9% |
| Financial fixed assets | 28 | €635 | €635 | = | 0.0% |
| Current assets | 29/58 | €1,851,623 | €2,158,038 | +€306,415 | +16.5% |
| Current investments | 50/53 | €1,700,543 | €2,002,367 | +€301,824 | +17.7% |
| Cash at bank and in hand | 54/58 | €107,981 | €115,914 | +€7,933 | +7.3% |
| Deferred charges and accrued income | 490/1 | €43,099 | €39,757 | -€3,342 | -7.8% |
| Total equity and liabilities | 10/49 | €3,828,823 | €4,004,279 | +€175,456 | +4.6% |
| Equity | 10/15 | €3,764,449 | €3,933,194 | +€168,745 | +4.5% |
| Reserves | 13 | €3,764,449 | €3,933,194 | +€168,745 | +4.5% |
| Amounts payable | 17/49 | €64,374 | €71,086 | +€6,712 | +10.4% |
| Amounts payable within one year | 42/48 | €5,781 | €13,122 | +€7,341 | +127.0% |
| Taxes, remuneration and social security | 45 | - | €12,619 | +€12,619 | |
| Taxes | 450/3 | - | €12,619 | +€12,619 | |
| Accrued charges and deferred income | 492/3 | €58,593 | €57,963 | -€630 | -1.1% |
| Non-recurring operating income | 76A | €23,677 | €16,508 | -€7,169 | -30.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €145,181 | €124,593 | -€20,588 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,597 | €192,298 | +€3,701 | +2.0% |
| Other operating charges | 640/8 | €119,463 | €108,691 | -€10,772 | -9.0% |
| Non-recurring operating charges | 66A | €26 | €119 | +€93 | +357.7% |
| Gross operating margin | 9900 | €468,489 | €444,448 | -€24,041 | -5.1% |
| Operating profit (loss) | 9901 | €160,403 | €143,339 | -€17,064 | -10.6% |
| Financial income | 75/76B | €39,997 | €38,544 | -€1,453 | -3.6% |
| Recurring financial income | 75 | €39,997 | €38,544 | -€1,453 | -3.6% |
| Financial charges | 65/66B | €389 | €520 | +€131 | +33.7% |
| Recurring financial charges | 65 | €389 | €520 | +€131 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €200,011 | €181,364 | -€18,647 | -9.3% |
| Income taxes | 67/77 | €11,722 | €12,619 | +€897 | +7.7% |
| Profit (loss) for the period | 9904 | €188,289 | €168,745 | -€19,544 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €188,289 | €168,745 | -€19,544 | -10.4% |
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 11 October 2026 via checked.be.