MP Invest: 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 Invest
Largest movements
- Receivables within one year +€2.2m
new in 2025: €2.2m
- Tangible fixed assets -€1.2m
down €1.2m (-48.6%), from €2.4m to €1.3m
- Cash -€36,286
down €36,286 (-67.5%), from €53,791 to €17,506
mainly Receivables within one year (-€2.2m)
- Short-term financial debts +€528,534
up €528,534 (+25.9%), from €2.0m to €2.6m
- Trade debts +€188,151
up €188,151 (+2,560%), from €7,348 to €195,499
- Reserves +€90,979
up €90,979 (+56.3%), from €161,621 to €252,600
- Tax, wage and social debts +€77,496
up €77,496 (+79.1%), from €97,996 to €175,493
- Profit (loss) carried forward +€43,707
up €43,707 (+24.8%), from €176,189 to €219,896
- Gross operating margin -€623,246
down €623,246 (-67.5%), from €922,709 to €299,463
- Financial charges -€290,268
down €290,268 (-76.6%), from €378,906 to €88,638
- Taxes -€66,975
down €66,975 (-59.1%), from €113,308 to €46,333
- Depreciation -€56,207
down €56,207 (-74.3%), from €75,694 to €19,486
- Other operating charges -€21,239
down €21,239 (-67.3%), from €31,559 to €10,319
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.
Derived cash bridge
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 | €2,523,539 | €3,482,633 | +€959,094 | +38.0% |
| Fixed assets | 21/28 | €2,447,433 | €1,256,806 | -€1.2m | -48.6% |
| Tangible fixed assets | 22/27 | €2,447,433 | €1,256,806 | -€1.2m | -48.6% |
| Land and buildings | 22 | €2,447,433 | €1,256,806 | -€1.2m | -48.6% |
| Current assets | 29/58 | €76,106 | €2,225,827 | +€2.1m | +2,825% |
| Amounts receivable within one year | 40/41 | - | €2,200,000 | +€2.2m | |
| Trade receivables | 40 | - | €2,200,000 | +€2.2m | |
| Cash at bank and in hand | 54/58 | €53,791 | €17,506 | -€36,286 | -67.5% |
| Deferred charges and accrued income | 490/1 | €22,315 | €8,321 | -€13,994 | -62.7% |
| Total equity and liabilities | 10/49 | €2,523,539 | €3,482,633 | +€959,094 | +38.0% |
| Equity | 10/15 | €356,410 | €491,096 | +€134,686 | +37.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,621 | €252,600 | +€90,979 | +56.3% |
| Tax-exempt reserves | 132 | €161,621 | €252,600 | +€90,979 | +56.3% |
| Profit (loss) carried forward | 14 | €176,189 | €219,896 | +€43,707 | +24.8% |
| Amounts payable | 17/49 | €2,167,128 | €2,991,537 | +€824,409 | +38.0% |
| Amounts payable within one year | 42/48 | €2,164,310 | €2,986,375 | +€822,065 | +38.0% |
| Financial debts | 43 | €2,039,000 | €2,567,534 | +€528,534 | +25.9% |
| Credit institutions | 430/8 | €2,039,000 | €2,567,534 | +€528,534 | +25.9% |
| Trade debts | 44 | €7,348 | €195,499 | +€188,151 | +2,560% |
| Suppliers | 440/4 | €7,348 | €195,499 | +€188,151 | +2,560% |
| Taxes, remuneration and social security | 45 | €97,996 | €175,493 | +€77,496 | +79.1% |
| Taxes | 450/3 | €97,996 | €175,493 | +€77,496 | +79.1% |
| Other amounts payable | 47/48 | €19,965 | €47,849 | +€27,884 | +140% |
| Accrued charges and deferred income | 492/3 | €2,819 | €5,162 | +€2,344 | +83.2% |
| Non-recurring operating income | 76A | €591,561 | - | -€591,561 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,694 | €19,486 | -€56,207 | -74.3% |
| Other operating charges | 640/8 | €31,559 | €10,319 | -€21,239 | -67.3% |
| Gross operating margin | 9900 | €922,709 | €299,463 | -€623,246 | -67.5% |
| Operating profit (loss) | 9901 | €815,456 | €269,657 | -€545,799 | -66.9% |
| Financial charges | 65/66B | €378,906 | €88,638 | -€290,268 | -76.6% |
| Recurring financial charges | 65 | €378,906 | €88,638 | -€290,268 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €436,550 | €181,019 | -€255,531 | -58.5% |
| Income taxes | 67/77 | €113,308 | €46,333 | -€66,975 | -59.1% |
| Profit (loss) for the period | 9904 | €323,242 | €134,686 | -€188,557 | -58.3% |
| Transfer to tax-exempt reserves | 689 | €161,621 | €90,979 | -€70,642 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €161,621 | €43,707 | -€117,914 | -73.0% |
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 18 October 2026 via checked.be.