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MP CONSTRUCTION: 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.

What changed

MP CONSTRUCTION

BE 0893.552.518
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€35,921
2023 · €7,591+€28,330
Equity
€159,874
2023 · €173,953-€14,079
Cash
€33,572
2023 · €38,146-€4,574
Balance sheet total
€320,034
2023 · €340,144-€20,110

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€55,555

    down €55,555 (-22.9%), from €243,099 to €187,544

    of which Trade receivables: -€65,552

  • Receivables after one year +€40,000

    up €40,000 (+71.4%), from €56,000 to €96,000

  • Cash -€4,574

    down €4,574 (-12.0%), from €38,146 to €33,572

    mainly Trade debts (-€59,140) and Contributions, distributions and other (-€50,000)

Equity and liabilities
  • Trade debts -€59,140

    down €59,140 (-62.8%), from €94,106 to €34,966

    of which Bills of exchange payable: -€55,640

  • Other debts +€41,000

    up €41,000 (+117.1%), from €35,000 to €76,000

  • Profit (loss) carried forward -€14,079

    down €14,079 (-8.5%), from €165,583 to €151,504

  • Tax, wage and social debts +€12,109

    up €12,109 (+42.9%), from €28,195 to €40,304

    of which Taxes: +€9,636

Income statement
  • Gross operating margin +€62,373

    up €62,373 (+452.0%), from €13,798 to €76,171

  • Purchases and services -€53,123

    down €53,123 (-16.8%), from €316,022 to €262,900

  • Other operating charges +€28,665

    up €28,665 (+3010.1%), from €952 to €29,617

  • Turnover +€10,341

    up €10,341 (+3.1%), from €328,730 to €339,070

  • Taxes +€4,163

    up €4,163 (+134.2%), from €3,102 to €7,265

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €7,591
Gross operating margin +€62,373
Other operating charges -€28,665
Other operating items +€1,091
Financial charges -€2,306
Taxes -€4,163
Result 2024 €35,921

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€47,007
Investment -€1,581
Financing -€50,000
Cash 2023 €38,146
Net result for the year +€35,921
Depreciation +€304
Receivables after one year -€40,000
Receivables within one year +€55,555
Deferred charges and accrued income +€1,259
Trade debts -€59,140
Tax, wage and social debts +€12,109
Other debts +€41,000
Investment in fixed assets (net) -€1,581
Contributions, distributions and other -€50,000
Cash 2024 €33,572
Every line side by side 46 lines
Line Code 2023 2024 Change %
Total assets 20/58 €340,144 €320,034 -€20,110 -5.9%
Fixed assets 21/28 €1,441 €2,718 +€1,277 +88.6%
Tangible fixed assets 22/27 €1,216 €912 -€304 -25.0%
Plant, machinery and equipment 23 €1,216 €912 -€304 -25.0%
Financial fixed assets 28 €225 €1,806 +€1,581 +702.6%
Current assets 29/58 €338,703 €317,316 -€21,387 -6.3%
Amounts receivable after more than one year 29 €56,000 €96,000 +€40,000 +71.4%
Other amounts receivable 291 €56,000 €96,000 +€40,000 +71.4%
Amounts receivable within one year 40/41 €243,099 €187,544 -€55,555 -22.9%
Trade receivables 40 €138,468 €72,916 -€65,552 -47.3%
Other amounts receivable 41 €104,631 €114,628 +€9,998 +9.6%
Cash at bank and in hand 54/58 €38,146 €33,572 -€4,574 -12.0%
Deferred charges and accrued income 490/1 €1,459 €200 -€1,259 -86.3%
Total equity and liabilities 10/49 €340,144 €320,034 -€20,110 -5.9%
Equity 10/15 €173,953 €159,874 -€14,079 -8.1%
Contributions 10/11 €6,510 €6,510 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €165,583 €151,504 -€14,079 -8.5%
Provisions and deferred taxes 16 €8,890 €8,890 = 0.0%
Provisions for liabilities and charges 160/5 €8,890 €8,890 = 0.0%
Other liabilities and charges 164/5 €8,890 €8,890 = 0.0%
Amounts payable 17/49 €157,301 €151,270 -€6,031 -3.8%
Amounts payable within one year 42/48 €157,301 €151,270 -€6,031 -3.8%
Trade debts 44 €94,106 €34,966 -€59,140 -62.8%
Suppliers 440/4 €5,649 €2,150 -€3,500 -61.9%
Bills of exchange payable 441 €88,456 €32,816 -€55,640 -62.9%
Taxes, remuneration and social security 45 €28,195 €40,304 +€12,109 +42.9%
Taxes 450/3 €24,730 €34,366 +€9,636 +39.0%
Remuneration and social security 454/9 €3,465 €5,938 +€2,473 +71.4%
Other amounts payable 47/48 €35,000 €76,000 +€41,000 +117.1%
Turnover 70 €328,730 €339,070 +€10,341 +3.1%
Non-recurring operating income 76A €1,091 - -€1,091
Goods, raw materials, services and sundry goods 60/61 €316,022 €262,900 -€53,123 -16.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €304 €304 = 0.0%
Other operating charges 640/8 €952 €29,617 +€28,665 +3010.1%
Non-recurring operating charges 66A €1,091 - -€1,091
Gross operating margin 9900 €13,798 €76,171 +€62,373 +452.0%
Operating profit (loss) 9901 €11,451 €46,249 +€34,798 +303.9%
Financial charges 65/66B €758 €3,064 +€2,306 +304.0%
Recurring financial charges 65 €758 €3,064 +€2,306 +304.0%
Profit (loss) for the period before taxes 9903 €10,693 €43,185 +€32,492 +303.9%
Income taxes 67/77 €3,102 €7,265 +€4,163 +134.2%
Profit (loss) for the period 9904 €7,591 €35,921 +€28,330 +373.2%
Profit (loss) for the period to be appropriated 9905 €7,591 €35,921 +€28,330 +373.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.