MP Management: 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 Management
Largest movements
- Receivables after one year +€82,069
new in 2025: €82,069
- Cash +€45,445
up €45,445 (+1540.5%), from €2,950 to €48,395
mainly Net result for the year (+€82,046) and Receivables within one year (+€39,820)
- Receivables within one year -€39,820
down €39,820 (-99.3%), from €40,086 to €265
of which Trade receivables: -€39,831
- Tangible fixed assets -€2,747
down €2,747 (-4.2%), from €66,029 to €63,281
of which Land and buildings: -€2,399
- Reserves +€82,046
new in 2025: €82,046
- Debts after one year -€7,704
down €7,704 (-10.6%), from €72,618 to €64,914
- Tax, wage and social debts +€4,574
up €4,574 (+157.2%), from €2,910 to €7,484
- Advances received +€3,580
new in 2025: €3,580
- Other debts +€2,282
up €2,282 (+6.4%), from €35,787 to €38,069
- Gross operating margin +€77,640
up €77,640 (+664.7%), from €11,680 to €89,320
- Financial income +€2,269
new in 2025: €2,269
- Depreciation -€1,381
down €1,381 (-19.7%), from €7,014 to €5,633
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 | €115,802 | €200,540 | +€84,738 | +73.2% |
| Fixed assets | 21/28 | €72,767 | €69,811 | -€2,955 | -4.1% |
| Intangible fixed assets | 21 | €6,738 | €6,530 | -€208 | -3.1% |
| Tangible fixed assets | 22/27 | €66,029 | €63,281 | -€2,747 | -4.2% |
| Land and buildings | 22 | €56,834 | €54,436 | -€2,399 | -4.2% |
| Plant, machinery and equipment | 23 | €2,466 | €2,609 | +€143 | +5.8% |
| Furniture and vehicles | 24 | €1,094 | €2,196 | +€1,102 | +100.7% |
| Other tangible fixed assets | 26 | €5,635 | €4,041 | -€1,594 | -28.3% |
| Current assets | 29/58 | €43,036 | €130,729 | +€87,694 | +203.8% |
| Amounts receivable after more than one year | 29 | - | €82,069 | +€82,069 | |
| Other amounts receivable | 291 | - | €82,069 | +€82,069 | |
| Amounts receivable within one year | 40/41 | €40,086 | €265 | -€39,820 | -99.3% |
| Trade receivables | 40 | €40,000 | €169 | -€39,831 | -99.6% |
| Other amounts receivable | 41 | €86 | €96 | +€11 | +12.3% |
| Cash at bank and in hand | 54/58 | €2,950 | €48,395 | +€45,445 | +1540.5% |
| Total equity and liabilities | 10/49 | €115,802 | €200,540 | +€84,738 | +73.2% |
| Equity | 10/15 | €1,348 | €83,394 | +€82,046 | +6085.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €82,046 | +€82,046 | |
| Distributable reserves | 133 | - | €82,046 | +€82,046 | |
| Profit (loss) carried forward | 14 | -€1,152 | -€1,152 | = | 0.0% |
| Amounts payable | 17/49 | €114,454 | €117,147 | +€2,693 | +2.4% |
| Amounts payable after more than one year | 17 | €72,618 | €64,914 | -€7,704 | -10.6% |
| Financial debts | 170/4 | €72,618 | €64,914 | -€7,704 | -10.6% |
| Amounts payable within one year | 42/48 | €41,836 | €52,232 | +€10,397 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €2,793 | €2,934 | +€141 | +5.0% |
| Trade debts | 44 | €346 | €165 | -€180 | -52.2% |
| Suppliers | 440/4 | €346 | €165 | -€180 | -52.2% |
| Advances received on contracts in progress | 46 | - | €3,580 | +€3,580 | |
| Taxes, remuneration and social security | 45 | €2,910 | €7,484 | +€4,574 | +157.2% |
| Taxes | 450/3 | €2,910 | €7,484 | +€4,574 | +157.2% |
| Other amounts payable | 47/48 | €35,787 | €38,069 | +€2,282 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,014 | €5,633 | -€1,381 | -19.7% |
| Other operating charges | 640/8 | €1,021 | €261 | -€760 | -74.5% |
| Gross operating margin | 9900 | €11,680 | €89,320 | +€77,640 | +664.7% |
| Operating profit (loss) | 9901 | €3,645 | €83,426 | +€79,781 | +2188.8% |
| Financial income | 75/76B | - | €2,269 | +€2,269 | |
| Recurring financial income | 75 | - | €2,269 | +€2,269 | |
| Financial charges | 65/66B | €3,948 | €3,650 | -€298 | -7.6% |
| Recurring financial charges | 65 | €3,948 | €3,650 | -€298 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€303 | €82,046 | +€82,349 | |
| Profit (loss) for the period | 9904 | -€303 | €82,046 | +€82,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€303 | €82,046 | +€82,349 |
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 10 October 2026 via checked.be.