MnB River: 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.
MnB River
Largest movements
- Cash +€6,711
up €6,711 (+457.3%), from €1,468 to €8,179
mainly Net result for the year (+€13,621) and Tax, wage and social debts (+€6,577)
- Receivables within one year +€3,606
up €3,606 (+64.4%), from €5,598 to €9,204
- Profit (loss) carried forward +€13,621
up €13,621 (+168.2%), from €8,100 to €21,721
- Debts after one year -€10,103
down €10,103 (-61.8%), from €16,352 to €6,249
- Tax, wage and social debts +€6,577
up €6,577 (+34.4%), from €19,109 to €25,686
of which Remuneration and social security: +€4,270
- Gross operating margin +€6,755
up €6,755 (+10.9%), from €61,853 to €68,608
- Staff costs +€1,741
up €1,741 (+3.3%), from €52,030 to €53,771
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 | €86,799 | €97,160 | +€10,360 | +11.9% |
| Fixed assets | 21/28 | €78,000 | €78,000 | = | 0.0% |
| Financial fixed assets | 28 | €78,000 | €78,000 | = | 0.0% |
| Current assets | 29/58 | €8,799 | €19,160 | +€10,360 | +117.7% |
| Amounts receivable within one year | 40/41 | €5,598 | €9,204 | +€3,606 | +64.4% |
| Trade receivables | 40 | €5,598 | €9,204 | +€3,606 | +64.4% |
| Cash at bank and in hand | 54/58 | €1,468 | €8,179 | +€6,711 | +457.3% |
| Deferred charges and accrued income | 490/1 | €1,734 | €1,777 | +€43 | +2.5% |
| Total equity and liabilities | 10/49 | €86,799 | €97,160 | +€10,360 | +11.9% |
| Equity | 10/15 | €10,100 | €23,721 | +€13,621 | +134.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,100 | €21,721 | +€13,621 | +168.2% |
| Amounts payable | 17/49 | €76,699 | €73,439 | -€3,260 | -4.3% |
| Amounts payable after more than one year | 17 | €16,352 | €6,249 | -€10,103 | -61.8% |
| Financial debts | 170/4 | €16,352 | €6,249 | -€10,103 | -61.8% |
| Amounts payable within one year | 42/48 | €60,347 | €67,190 | +€6,843 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €10,845 | €10,943 | +€98 | +0.9% |
| Trade debts | 44 | €16 | €184 | +€168 | +1052.5% |
| Suppliers | 440/4 | €16 | €184 | +€168 | +1052.5% |
| Taxes, remuneration and social security | 45 | €19,109 | €25,686 | +€6,577 | +34.4% |
| Taxes | 450/3 | €6,363 | €8,670 | +€2,307 | +36.3% |
| Remuneration and social security | 454/9 | €12,746 | €17,016 | +€4,270 | +33.5% |
| Other amounts payable | 47/48 | €30,377 | €30,377 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €52,030 | €53,771 | +€1,741 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | - | -€263 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €61,853 | €68,608 | +€6,755 | +10.9% |
| Operating profit (loss) | 9901 | €9,173 | €14,437 | +€5,264 | +57.4% |
| Financial charges | 65/66B | €804 | €816 | +€12 | +1.5% |
| Recurring financial charges | 65 | €804 | €816 | +€12 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €8,369 | €13,621 | +€5,251 | +62.7% |
| Profit (loss) for the period | 9904 | €8,369 | €13,621 | +€5,251 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,369 | €13,621 | +€5,251 | +62.7% |
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 10 October 2026 via checked.be.