MNV MANAGEMENT: 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.
MNV MANAGEMENT
Largest movements
- Receivables within one year -€665
down €665 (-37.0%), from €1,798 to €1,133
- Cash +€58
up €58 (+1,508%), from €4 to €62
mainly Receivables within one year (+€665) and Other debts (+€300)
- Profit (loss) carried forward -€890
down €890 (-17.8%), from -€5,005 to -€5,895
- Other debts +€300
up €300 (+20.0%), from €1,497 to €1,797
- Gross operating margin +€1,724
up €1,724 (+71.1%), from -€2,424 to -€700
- Financial charges +€49
up €49 (+34.4%), from €142 to €190
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 | €1,802 | €1,195 | -€607 | -33.7% |
| Current assets | 29/58 | €1,802 | €1,195 | -€607 | -33.7% |
| Amounts receivable within one year | 40/41 | €1,798 | €1,133 | -€665 | -37.0% |
| Other amounts receivable | 41 | €1,798 | €1,133 | -€665 | -37.0% |
| Cash at bank and in hand | 54/58 | €4 | €62 | +€58 | +1,508% |
| Total equity and liabilities | 10/49 | €1,802 | €1,195 | -€607 | -33.7% |
| Equity | 10/15 | -€5 | -€895 | -€890 | -17,150% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,005 | -€5,895 | -€890 | -17.8% |
| Amounts payable | 17/49 | €1,807 | €2,090 | +€283 | +15.7% |
| Amounts payable within one year | 42/48 | €1,807 | €2,090 | +€283 | +15.7% |
| Trade debts | 44 | €310 | €293 | -€17 | -5.3% |
| Suppliers | 440/4 | €310 | €293 | -€17 | -5.3% |
| Other amounts payable | 47/48 | €1,497 | €1,797 | +€300 | +20.0% |
| Gross operating margin | 9900 | -€2,424 | -€700 | +€1,724 | +71.1% |
| Operating profit (loss) | 9901 | -€2,424 | -€700 | +€1,724 | +71.1% |
| Financial charges | 65/66B | €142 | €190 | +€49 | +34.4% |
| Recurring financial charges | 65 | €142 | €190 | +€49 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,565 | -€890 | +€1,675 | +65.3% |
| Profit (loss) for the period | 9904 | -€2,565 | -€890 | +€1,675 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,565 | -€890 | +€1,675 | +65.3% |
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 13 October 2026 via checked.be.