MP CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€104,159
up €104,159 (+651.8%), from €15,980 to €120,139
of which Trade receivables: +€120,139
- Cash -€37,373
down €37,373 (-17.5%), from €214,139 to €176,766
mainly Receivables within one year (-€104,159) and Investment in fixed assets (net) (-€27,404)
- Tangible fixed assets +€6,041
up €6,041 (+10.2%), from €59,276 to €65,317
of which Furniture and vehicles: +€8,244
- Advances received +€35,000
new in 2025: €35,000
- Reserves +€21,500
up €21,500 (+11.1%), from €193,000 to €214,500
- Tax, wage and social debts +€16,443
up €16,443 (+264.7%), from €6,212 to €22,655
of which Taxes: +€15,268
- Debts after one year -€10,101
down €10,101 (-41.3%), from €24,479 to €14,377
- Other debts +€8,235
up €8,235 (+33.5%), from €24,545 to €32,780
- Gross operating margin +€24,670
up €24,670 (+25.0%), from €98,704 to €123,374
- Taxes +€4,858
up €4,858 (+48.8%), from €9,953 to €14,811
- Staff costs +€4,771
up €4,771 (+11.2%), from €42,665 to €47,436
- Depreciation +€3,226
up €3,226 (+17.8%), from €18,136 to €21,362
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 | €293,975 | €367,495 | +€73,520 | +25.0% |
| Fixed assets | 21/28 | €60,572 | €66,613 | +€6,041 | +10.0% |
| Tangible fixed assets | 22/27 | €59,276 | €65,317 | +€6,041 | +10.2% |
| Plant, machinery and equipment | 23 | €5,469 | €3,266 | -€2,203 | -40.3% |
| Furniture and vehicles | 24 | €53,807 | €62,051 | +€8,244 | +15.3% |
| Financial fixed assets | 28 | €1,296 | €1,296 | = | 0.0% |
| Current assets | 29/58 | €233,403 | €300,882 | +€67,479 | +28.9% |
| Amounts receivable within one year | 40/41 | €15,980 | €120,139 | +€104,159 | +651.8% |
| Trade receivables | 40 | - | €120,139 | +€120,139 | |
| Other amounts receivable | 41 | €15,980 | - | -€15,980 | |
| Cash at bank and in hand | 54/58 | €214,139 | €176,766 | -€37,373 | -17.5% |
| Deferred charges and accrued income | 490/1 | €3,283 | €3,977 | +€694 | +21.1% |
| Total equity and liabilities | 10/49 | €293,975 | €367,495 | +€73,520 | +25.0% |
| Equity | 10/15 | €203,106 | €224,668 | +€21,562 | +10.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €193,000 | €214,500 | +€21,500 | +11.1% |
| Distributable reserves | 133 | €193,000 | €214,500 | +€21,500 | +11.1% |
| Profit (loss) carried forward | 14 | €106 | €168 | +€62 | +58.2% |
| Amounts payable | 17/49 | €90,869 | €142,827 | +€51,958 | +57.2% |
| Amounts payable after more than one year | 17 | €24,479 | €14,377 | -€10,101 | -41.3% |
| Financial debts | 170/4 | €24,479 | €14,377 | -€10,101 | -41.3% |
| Amounts payable within one year | 42/48 | €63,890 | €125,750 | +€61,860 | +96.8% |
| Current portion of amounts payable after more than one year | 42 | €9,785 | €10,101 | +€316 | +3.2% |
| Trade debts | 44 | €23,348 | €25,213 | +€1,865 | +8.0% |
| Suppliers | 440/4 | €23,348 | €25,213 | +€1,865 | +8.0% |
| Advances received on contracts in progress | 46 | - | €35,000 | +€35,000 | |
| Taxes, remuneration and social security | 45 | €6,212 | €22,655 | +€16,443 | +264.7% |
| Taxes | 450/3 | €4,297 | €19,565 | +€15,268 | +355.3% |
| Remuneration and social security | 454/9 | €1,915 | €3,090 | +€1,176 | +61.4% |
| Other amounts payable | 47/48 | €24,545 | €32,780 | +€8,235 | +33.5% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,700 | +€200 | +8.0% |
| Remuneration, social security and pensions | 62 | €42,665 | €47,436 | +€4,771 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,136 | €21,362 | +€3,226 | +17.8% |
| Other operating charges | 640/8 | €1,184 | €854 | -€329 | -27.8% |
| Non-recurring operating charges | 66A | €441 | - | -€441 | |
| Gross operating margin | 9900 | €98,704 | €123,374 | +€24,670 | +25.0% |
| Operating profit (loss) | 9901 | €36,278 | €53,722 | +€17,443 | +48.1% |
| Financial income | 75/76B | €5 | €30 | +€24 | +462.4% |
| Recurring financial income | 75 | €5 | €30 | +€24 | +462.4% |
| Financial charges | 65/66B | €2,604 | €2,779 | +€174 | +6.7% |
| Recurring financial charges | 65 | €2,604 | €2,779 | +€174 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €33,679 | €50,973 | +€17,293 | +51.3% |
| Income taxes | 67/77 | €9,953 | €14,811 | +€4,858 | +48.8% |
| Profit (loss) for the period | 9904 | €23,726 | €36,162 | +€12,435 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,726 | €36,162 | +€12,435 | +52.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.