MNP Engineering Services: what changed
Two fiscal 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.
MNP Engineering Services
Largest movements
- Cash +€10,544
up €10,544 (+18.4%), from €57,340 to €67,883
mainly Other debts (+€59,500) and Net result for the year (+€19,322)
- Receivables within one year +€4,324
up €4,324 (+31.4%), from €13,779 to €18,103
of which Trade receivables: +€4,351
- Tangible fixed assets +€1,433
up €1,433 (+245.0%), from €585 to €2,018
- Other debts +€59,500
new in 2025: €59,500
- Profit (loss) carried forward -€50,678
down €50,678 (-85.4%), from €59,346 to €8,668
- Tax, wage and social debts +€8,516
up €8,516 (+68.5%), from €12,425 to €20,941
- Gross operating margin +€6,097
up €6,097 (+29.0%), from €20,992 to €27,088
- Taxes +€1,139
up €1,139 (+27.0%), from €4,221 to €5,360
- Financial charges -€400
down €400 (-21.4%), from €1,868 to €1,468
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 | €74,126 | €90,773 | +€16,647 | +22.5% |
| Fixed assets | 21/28 | €585 | €2,018 | +€1,433 | +245.0% |
| Tangible fixed assets | 22/27 | €585 | €2,018 | +€1,433 | +245.0% |
| Furniture and vehicles | 24 | €585 | €2,018 | +€1,433 | +245.0% |
| Current assets | 29/58 | €73,541 | €88,755 | +€15,214 | +20.7% |
| Amounts receivable within one year | 40/41 | €13,779 | €18,103 | +€4,324 | +31.4% |
| Trade receivables | 40 | €13,131 | €17,482 | +€4,351 | +33.1% |
| Other amounts receivable | 41 | €648 | €621 | -€27 | -4.1% |
| Cash at bank and in hand | 54/58 | €57,340 | €67,883 | +€10,544 | +18.4% |
| Deferred charges and accrued income | 490/1 | €2,422 | €2,768 | +€345 | +14.3% |
| Total equity and liabilities | 10/49 | €74,126 | €90,773 | +€16,647 | +22.5% |
| Equity | 10/15 | €59,846 | €9,168 | -€50,678 | -84.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,346 | €8,668 | -€50,678 | -85.4% |
| Amounts payable | 17/49 | €14,280 | €81,605 | +€67,325 | +471.5% |
| Amounts payable within one year | 42/48 | €14,280 | €81,605 | +€67,325 | +471.5% |
| Trade debts | 44 | €1,854 | €1,164 | -€690 | -37.2% |
| Suppliers | 440/4 | €1,854 | €1,164 | -€690 | -37.2% |
| Taxes, remuneration and social security | 45 | €12,425 | €20,941 | +€8,516 | +68.5% |
| Taxes | 450/3 | €12,425 | €20,941 | +€8,516 | +68.5% |
| Other amounts payable | 47/48 | - | €59,500 | +€59,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €426 | +€216 | +103.3% |
| Other operating charges | 640/8 | €540 | €533 | -€7 | -1.3% |
| Gross operating margin | 9900 | €20,992 | €27,088 | +€6,097 | +29.0% |
| Operating profit (loss) | 9901 | €20,242 | €26,130 | +€5,887 | +29.1% |
| Financial income | 75/76B | €0 | €20 | +€20 | |
| Recurring financial income | 75 | €0 | €20 | +€20 | |
| Financial charges | 65/66B | €1,868 | €1,468 | -€400 | -21.4% |
| Recurring financial charges | 65 | €1,868 | €1,468 | -€400 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €18,374 | €24,682 | +€6,308 | +34.3% |
| Income taxes | 67/77 | €4,221 | €5,360 | +€1,139 | +27.0% |
| Profit (loss) for the period | 9904 | €14,153 | €19,322 | +€5,169 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,153 | €19,322 | +€5,169 | +36.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.