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MP ELECTRO: 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.

What changed

MP ELECTRO

BE 0738.961.836
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,029
2024 · €23,052-€16,023
Equity
€65,259
2024 · €58,230+€7,029
Cash
€13,199
2024 · €41,201-€28,002
Balance sheet total
€89,887
2024 · €70,233+€19,654

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€47,694

    up €47,694 (+192%), from €24,821 to €72,515

    of which Trade receivables: +€38,493

  • Cash -€28,002

    down €28,002 (-68.0%), from €41,201 to €13,199

    mainly Receivables within one year (-€47,694) and Tax, wage and social debts (-€3,695)

Equity and liabilities
  • Trade debts +€16,320

    up €16,320 (+395%), from €4,133 to €20,453

  • Reserves +€7,029

    up €7,029 (+13.6%), from €51,730 to €58,759

  • Tax, wage and social debts -€3,695

    down €3,695 (-47.0%), from €7,870 to €4,175

Income statement
  • Staff costs +€39,477

    up €39,477 (+452%), from €8,737 to €48,214

  • Gross operating margin +€31,455

    up €31,455 (+65.9%), from €47,763 to €79,219

  • Other operating charges +€8,706

    up €8,706 (+199%), from €4,365 to €13,071

  • Taxes -€1,184

    down €1,184 (-14.9%), from €7,927 to €6,743

From the 2024 result to the 2025 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 2024 €23,052
Gross operating margin +€31,455
Staff costs -€39,477
Depreciation -€272
Other operating charges -€8,706
Financial income -€1
Financial charges -€205
Taxes +€1,184
Result 2025 €7,029
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€26,174
Investment -€1,828
Financing €0
Cash 2024 €41,201
Net result for the year +€7,029
Depreciation +€1,867
Receivables within one year -€47,694
Trade debts +€16,320
Tax, wage and social debts -€3,695
Investment in fixed assets (net) -€1,828
Cash 2025 €13,199
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €70,233 €89,887 +€19,654 +28.0%
Fixed assets 21/28 €4,212 €4,173 -€39 -0.9%
Tangible fixed assets 22/27 €4,049 €4,173 +€124 +3.1%
Plant, machinery and equipment 23 €3,571 €2,287 -€1,285 -36.0%
Furniture and vehicles 24 €478 €1,886 +€1,408 +295%
Financial fixed assets 28 €162 - -€162
Current assets 29/58 €66,021 €85,714 +€19,693 +29.8%
Amounts receivable within one year 40/41 €24,821 €72,515 +€47,694 +192%
Trade receivables 40 €8,826 €47,319 +€38,493 +436%
Other amounts receivable 41 €15,995 €25,196 +€9,201 +57.5%
Cash at bank and in hand 54/58 €41,201 €13,199 -€28,002 -68.0%
Total equity and liabilities 10/49 €70,233 €89,887 +€19,654 +28.0%
Equity 10/15 €58,230 €65,259 +€7,029 +12.1%
Contributions 10/11 €6,500 €6,500 = 0.0%
Reserves 13 €51,730 €58,759 +€7,029 +13.6%
Distributable reserves 133 €51,730 €58,759 +€7,029 +13.6%
Amounts payable 17/49 €12,003 €24,628 +€12,625 +105%
Amounts payable within one year 42/48 €12,003 €24,628 +€12,625 +105%
Trade debts 44 €4,133 €20,453 +€16,320 +395%
Suppliers 440/4 €4,133 €20,453 +€16,320 +395%
Taxes, remuneration and social security 45 €7,870 €4,175 -€3,695 -47.0%
Taxes 450/3 €7,870 €4,175 -€3,695 -47.0%
Remuneration, social security and pensions 62 €8,737 €48,214 +€39,477 +452%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,594 €1,867 +€272 +17.1%
Other operating charges 640/8 €4,365 €13,071 +€8,706 +199%
Gross operating margin 9900 €47,763 €79,219 +€31,455 +65.9%
Operating profit (loss) 9901 €33,067 €16,067 -€17,000 -51.4%
Financial income 75/76B €2 €1 -€1 -71.6%
Recurring financial income 75 €2 €1 -€1 -71.6%
Financial charges 65/66B €2,090 €2,295 +€205 +9.8%
Recurring financial charges 65 €2,090 €2,295 +€205 +9.8%
Profit (loss) for the period before taxes 9903 €30,979 €13,772 -€17,207 -55.5%
Income taxes 67/77 €7,927 €6,743 -€1,184 -14.9%
Profit (loss) for the period 9904 €23,052 €7,029 -€16,023 -69.5%
Profit (loss) for the period to be appropriated 9905 €23,052 €7,029 -€16,023 -69.5%

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.