MP CARS & e-mobility: 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.
MP CARS & e-mobility
Largest movements
- Receivables within one year -€390,011
down €390,011 (-73.2%), from €533,146 to €143,135
of which Trade receivables: -€375,688
- Stocks and contracts +€149,107
up €149,107 (+46.4%), from €321,460 to €470,567
- Tangible fixed assets +€58,501
up €58,501 (+59.2%), from €98,874 to €157,375
of which Furniture and vehicles: +€53,701
- Cash -€21,247
down €21,247 (-16.6%), from €128,269 to €107,022
mainly Trade debts (-€304,367) and Stocks and contracts (-€149,107)
- Deferred charges and accrued income +€11,806
up €11,806 (+269%), from €4,386 to €16,192
- Trade debts -€304,367
down €304,367 (-78.5%), from €387,680 to €83,313
- Short-term financial debts +€280,365
up €280,365 (+104%), from €269,781 to €550,146
- Tax, wage and social debts -€102,559
down €102,559 (-77.0%), from €133,278 to €30,719
of which Taxes: -€103,222
- Advances received -€91,500
down €91,500 (-80.6%), from €113,500 to €22,000
- Reserves +€19,520
up €19,520 (+14.3%), from €136,462 to €155,981
- Gross operating margin -€82,097
down €82,097 (-19.4%), from €424,101 to €342,004
- Staff costs +€38,485
up €38,485 (+19.1%), from €200,983 to €239,468
- Taxes -€29,776
down €29,776 (-82.3%), from €36,192 to €6,416
- Depreciation +€11,907
up €11,907 (+43.4%), from €27,438 to €39,345
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 | €1,100,681 | €909,337 | -€191,343 | -17.4% |
| Fixed assets | 21/28 | €109,374 | €168,375 | +€59,001 | +53.9% |
| Tangible fixed assets | 22/27 | €98,874 | €157,375 | +€58,501 | +59.2% |
| Plant, machinery and equipment | 23 | €30,961 | €31,845 | +€884 | +2.9% |
| Furniture and vehicles | 24 | €64,833 | €118,534 | +€53,701 | +82.8% |
| Other tangible fixed assets | 26 | €3,080 | €6,996 | +€3,916 | +127% |
| Financial fixed assets | 28 | €10,500 | €11,000 | +€500 | +4.8% |
| Current assets | 29/58 | €991,307 | €740,962 | -€250,345 | -25.3% |
| Stocks and contracts in progress | 3 | €321,460 | €470,567 | +€149,107 | +46.4% |
| Stocks | 30/36 | €321,460 | €470,567 | +€149,107 | +46.4% |
| Amounts receivable within one year | 40/41 | €533,146 | €143,135 | -€390,011 | -73.2% |
| Trade receivables | 40 | €514,886 | €139,198 | -€375,688 | -73.0% |
| Other amounts receivable | 41 | €18,260 | €3,937 | -€14,323 | -78.4% |
| Current investments | 50/53 | €4,046 | €4,046 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,269 | €107,022 | -€21,247 | -16.6% |
| Deferred charges and accrued income | 490/1 | €4,386 | €16,192 | +€11,806 | +269% |
| Total equity and liabilities | 10/49 | €1,100,681 | €909,337 | -€191,343 | -17.4% |
| Equity | 10/15 | €138,462 | €157,981 | +€19,520 | +14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €136,462 | €155,981 | +€19,520 | +14.3% |
| Distributable reserves | 133 | €136,462 | €155,981 | +€19,520 | +14.3% |
| Amounts payable | 17/49 | €962,219 | €751,356 | -€210,863 | -21.9% |
| Amounts payable after more than one year | 17 | €51,517 | €47,000 | -€4,517 | -8.8% |
| Financial debts | 170/4 | €51,517 | €47,000 | -€4,517 | -8.8% |
| Amounts payable within one year | 42/48 | €908,477 | €694,356 | -€214,122 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €4,078 | €0 | -€4,078 | -100% |
| Financial debts | 43 | €269,781 | €550,146 | +€280,365 | +104% |
| Credit institutions | 430/8 | €269,781 | €550,146 | +€280,365 | +104% |
| Trade debts | 44 | €387,680 | €83,313 | -€304,367 | -78.5% |
| Suppliers | 440/4 | €387,680 | €83,313 | -€304,367 | -78.5% |
| Advances received on contracts in progress | 46 | €113,500 | €22,000 | -€91,500 | -80.6% |
| Taxes, remuneration and social security | 45 | €133,278 | €30,719 | -€102,559 | -77.0% |
| Taxes | 450/3 | €117,613 | €14,392 | -€103,222 | -87.8% |
| Remuneration and social security | 454/9 | €15,664 | €16,327 | +€663 | +4.2% |
| Other amounts payable | 47/48 | €161 | €8,177 | +€8,016 | +4,974% |
| Accrued charges and deferred income | 492/3 | €2,224 | €10,000 | +€7,776 | +350% |
| Remuneration, social security and pensions | 62 | €200,983 | €239,468 | +€38,485 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,438 | €39,345 | +€11,907 | +43.4% |
| Other operating charges | 640/8 | €13,605 | €16,977 | +€3,372 | +24.8% |
| Gross operating margin | 9900 | €424,101 | €342,004 | -€82,097 | -19.4% |
| Operating profit (loss) | 9901 | €182,075 | €46,214 | -€135,861 | -74.6% |
| Financial income | 75/76B | €51 | €377 | +€327 | +647% |
| Recurring financial income | 75 | €51 | €377 | +€327 | +647% |
| Financial charges | 65/66B | €21,197 | €20,656 | -€541 | -2.6% |
| Recurring financial charges | 65 | €21,197 | €20,656 | -€541 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €160,929 | €25,936 | -€134,993 | -83.9% |
| Income taxes | 67/77 | €36,192 | €6,416 | -€29,776 | -82.3% |
| Profit (loss) for the period | 9904 | €124,736 | €19,520 | -€105,217 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €124,736 | €19,520 | -€105,217 | -84.4% |
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 24 October 2026 via checked.be.