MP Fleet Services: 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 Fleet Services
Largest movements
- Tangible fixed assets +€91,192
up €91,192 (+10765.8%), from €847 to €92,039
of which Furniture and vehicles: +€64,962
- Cash +€47,086
up €47,086 (+37.4%), from €125,996 to €173,082
mainly Net result for the year (+€66,462) and Debts after one year (+€38,667)
- Receivables within one year -€14,424
down €14,424 (-38.4%), from €37,551 to €23,128
of which Trade receivables: -€19,205
- Stocks and contracts +€12,268
new in 2025: €12,268
- Profit (loss) carried forward +€66,462
up €66,462 (+53.4%), from -€124,413 to -€57,951
- Debts after one year +€38,667
new in 2025: €38,667
- Current portion of long-term debt +€19,333
new in 2025: €19,333
- Trade debts +€11,217
up €11,217 (+474.3%), from €2,365 to €13,582
- Gross operating margin -€19,103
down €19,103 (-19.6%), from €97,222 to €78,119
- Staff costs +€1,209
up €1,209 (+28.0%), from €4,324 to €5,532
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 | €169,694 | €304,622 | +€134,928 | +79.5% |
| Fixed assets | 21/28 | €3,847 | €92,039 | +€88,192 | +2292.5% |
| Intangible fixed assets | 21 | €3,000 | €0 | -€3,000 | -100.0% |
| Tangible fixed assets | 22/27 | €847 | €92,039 | +€91,192 | +10765.8% |
| Plant, machinery and equipment | 23 | - | €26,230 | +€26,230 | |
| Furniture and vehicles | 24 | €847 | €65,809 | +€64,962 | +7669.2% |
| Current assets | 29/58 | €165,847 | €212,583 | +€46,737 | +28.2% |
| Stocks and contracts in progress | 3 | - | €12,268 | +€12,268 | |
| Stocks | 30/36 | - | €12,268 | +€12,268 | |
| Amounts receivable within one year | 40/41 | €37,551 | €23,128 | -€14,424 | -38.4% |
| Trade receivables | 40 | €29,505 | €10,300 | -€19,205 | -65.1% |
| Other amounts receivable | 41 | €8,047 | €12,828 | +€4,781 | +59.4% |
| Cash at bank and in hand | 54/58 | €125,996 | €173,082 | +€47,086 | +37.4% |
| Deferred charges and accrued income | 490/1 | €2,300 | €4,105 | +€1,805 | +78.5% |
| Total equity and liabilities | 10/49 | €169,694 | €304,622 | +€134,928 | +79.5% |
| Equity | 10/15 | €159,137 | €225,599 | +€66,462 | +41.8% |
| Contributions | 10/11 | €283,550 | €283,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,413 | -€57,951 | +€66,462 | +53.4% |
| Amounts payable | 17/49 | €10,557 | €79,024 | +€68,466 | +648.5% |
| Amounts payable after more than one year | 17 | - | €38,667 | +€38,667 | |
| Financial debts | 170/4 | - | €38,667 | +€38,667 | |
| Amounts payable within one year | 42/48 | €10,557 | €40,314 | +€29,757 | +281.9% |
| Current portion of amounts payable after more than one year | 42 | - | €19,333 | +€19,333 | |
| Trade debts | 44 | €2,365 | €13,582 | +€11,217 | +474.3% |
| Suppliers | 440/4 | €2,365 | €13,582 | +€11,217 | +474.3% |
| Taxes, remuneration and social security | 45 | €8,192 | €7,399 | -€793 | -9.7% |
| Taxes | 450/3 | €8,192 | €2,788 | -€5,404 | -66.0% |
| Remuneration and social security | 454/9 | €0 | €4,611 | +€4,611 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Non-recurring operating income | 76A | - | €175 | +€175 | |
| Remuneration, social security and pensions | 62 | €4,324 | €5,532 | +€1,209 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,929 | €4,224 | +€295 | +7.5% |
| Other operating charges | 640/8 | €868 | €815 | -€53 | -6.1% |
| Non-recurring operating charges | 66A | €2,061 | €0 | -€2,061 | -100.0% |
| Gross operating margin | 9900 | €97,222 | €78,119 | -€19,103 | -19.6% |
| Operating profit (loss) | 9901 | €86,040 | €67,548 | -€18,491 | -21.5% |
| Financial charges | 65/66B | €919 | €1,086 | +€167 | +18.2% |
| Recurring financial charges | 65 | €919 | €1,086 | +€167 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €85,121 | €66,462 | -€18,659 | -21.9% |
| Income taxes | 67/77 | €15 | €0 | -€15 | -100.0% |
| Profit (loss) for the period | 9904 | €85,106 | €66,462 | -€18,644 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,106 | €66,462 | -€18,644 | -21.9% |
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 7 October 2026 via checked.be.