MP Expertise: 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.
MP Expertise
Largest movements
- Cash +€66,778
up €66,778 (+51.3%), from €130,087 to €196,865
mainly Other debts (+€175,253) and Net result for the year (+€49,772)
- Tangible fixed assets -€3,520
down €3,520 (-22.7%), from €15,532 to €12,012
- Other debts +€175,253
up €175,253 (+23570.1%), from €744 to €175,996
- Profit (loss) carried forward -€125,522
down €125,522 (-100.0%), from €125,522 to €0
- Tax, wage and social debts +€14,650
up €14,650 (+52.5%), from €27,900 to €42,550
- Trade debts +€4,456
up €4,456 (+138.3%), from €3,223 to €7,679
- Debts after one year -€3,217
down €3,217 (-32.0%), from €10,069 to €6,852
- Gross operating margin +€16,174
up €16,174 (+27.0%), from €59,890 to €76,065
- Taxes +€7,477
up €7,477 (+58.4%), from €12,802 to €20,278
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 | €173,544 | €239,405 | +€65,861 | +38.0% |
| Fixed assets | 21/28 | €16,382 | €12,862 | -€3,520 | -21.5% |
| Tangible fixed assets | 22/27 | €15,532 | €12,012 | -€3,520 | -22.7% |
| Furniture and vehicles | 24 | €15,532 | €12,012 | -€3,520 | -22.7% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €157,162 | €226,543 | +€69,381 | +44.1% |
| Amounts receivable after more than one year | 29 | €1,800 | €1,800 | = | 0.0% |
| Other amounts receivable | 291 | €1,800 | €1,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,325 | €25,085 | +€759 | +3.1% |
| Trade receivables | 40 | €24,325 | €25,085 | +€759 | +3.1% |
| Cash at bank and in hand | 54/58 | €130,087 | €196,865 | +€66,778 | +51.3% |
| Deferred charges and accrued income | 490/1 | €949 | €2,794 | +€1,844 | +194.3% |
| Total equity and liabilities | 10/49 | €173,544 | €239,405 | +€65,861 | +38.0% |
| Equity | 10/15 | €128,522 | €3,000 | -€125,522 | -97.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,522 | €0 | -€125,522 | -100.0% |
| Amounts payable | 17/49 | €45,022 | €236,405 | +€191,383 | +425.1% |
| Amounts payable after more than one year | 17 | €10,069 | €6,852 | -€3,217 | -32.0% |
| Financial debts | 170/4 | €10,069 | €6,852 | -€3,217 | -32.0% |
| Amounts payable within one year | 42/48 | €34,953 | €229,443 | +€194,491 | +556.4% |
| Current portion of amounts payable after more than one year | 42 | €3,086 | €3,217 | +€131 | +4.3% |
| Trade debts | 44 | €3,223 | €7,679 | +€4,456 | +138.3% |
| Suppliers | 440/4 | €3,223 | €7,679 | +€4,456 | +138.3% |
| Taxes, remuneration and social security | 45 | €27,900 | €42,550 | +€14,650 | +52.5% |
| Taxes | 450/3 | €27,900 | €42,550 | +€14,650 | +52.5% |
| Other amounts payable | 47/48 | €744 | €175,996 | +€175,253 | +23570.1% |
| Accrued charges and deferred income | 492/3 | - | €110 | +€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,410 | €4,217 | -€193 | -4.4% |
| Other operating charges | 640/8 | €1,064 | €1,264 | +€200 | +18.8% |
| Gross operating margin | 9900 | €59,890 | €76,065 | +€16,174 | +27.0% |
| Operating profit (loss) | 9901 | €54,417 | €70,584 | +€16,167 | +29.7% |
| Financial income | 75/76B | €54 | €54 | +€0 | 0.0% |
| Recurring financial income | 75 | €54 | €54 | +€0 | 0.0% |
| Financial charges | 65/66B | €766 | €587 | -€179 | -23.3% |
| Recurring financial charges | 65 | €766 | €587 | -€179 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €53,705 | €70,051 | +€16,346 | +30.4% |
| Income taxes | 67/77 | €12,802 | €20,278 | +€7,477 | +58.4% |
| Profit (loss) for the period | 9904 | €40,903 | €49,772 | +€8,869 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,903 | €49,772 | +€8,869 | +21.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.