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
- Tangible fixed assets -€95,761
down €95,761 (-41.0%), from €233,452 to €137,692
of which Land and buildings: -€88,338
- Cash +€25,516
up €25,516 (+209.2%), from €12,199 to €37,716
mainly Investment in fixed assets (net) (+€85,105) and Net result for the year (+€38,061)
- Debts after one year -€101,161
down €101,161 (-42.7%), from €236,952 to €135,792
- Profit (loss) carried forward +€25,947
no longer reported in 2025 (was -€25,947)
- Reserves +€12,114
up €12,114 (+447.1%), from €2,710 to €14,824
- Other debts -€10,895
no longer reported in 2025 (was €10,895)
- Tax, wage and social debts +€3,479
up €3,479 (+368.6%), from €944 to €4,423
- Gross operating margin +€56,225
up €56,225 (+132326.3%), from €42 to €56,268
- Taxes +€3,892
up €3,892 (+7153.6%), from €54 to €3,946
- Other operating charges +€2,374
up €2,374 (+382.2%), from €621 to €2,995
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 | €246,751 | €176,412 | -€70,339 | -28.5% |
| Fixed assets | 21/28 | €233,452 | €137,692 | -€95,761 | -41.0% |
| Tangible fixed assets | 22/27 | €233,452 | €137,692 | -€95,761 | -41.0% |
| Land and buildings | 22 | €206,953 | €118,616 | -€88,338 | -42.7% |
| Furniture and vehicles | 24 | €26,499 | €19,076 | -€7,423 | -28.0% |
| Current assets | 29/58 | €13,299 | €38,720 | +€25,421 | +191.2% |
| Amounts receivable within one year | 40/41 | €146 | - | -€146 | |
| Other amounts receivable | 41 | €146 | - | -€146 | |
| Cash at bank and in hand | 54/58 | €12,199 | €37,716 | +€25,516 | +209.2% |
| Deferred charges and accrued income | 490/1 | €954 | €1,005 | +€51 | +5.3% |
| Total equity and liabilities | 10/49 | €246,751 | €176,412 | -€70,339 | -28.5% |
| Equity | 10/15 | -€21,237 | €16,824 | +€38,061 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,710 | €14,824 | +€12,114 | +447.1% |
| Distributable reserves | 133 | €2,710 | €14,824 | +€12,114 | +447.1% |
| Profit (loss) carried forward | 14 | -€25,947 | - | +€25,947 | |
| Amounts payable | 17/49 | €267,988 | €159,588 | -€108,400 | -40.4% |
| Amounts payable after more than one year | 17 | €236,952 | €135,792 | -€101,161 | -42.7% |
| Other amounts payable | 178/9 | €236,952 | €135,792 | -€101,161 | -42.7% |
| Amounts payable within one year | 42/48 | €30,649 | €23,796 | -€6,852 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €18,403 | €19,163 | +€760 | +4.1% |
| Trade debts | 44 | €407 | €210 | -€197 | -48.4% |
| Suppliers | 440/4 | €407 | €210 | -€197 | -48.4% |
| Taxes, remuneration and social security | 45 | €944 | €4,423 | +€3,479 | +368.6% |
| Taxes | 450/3 | €944 | €4,423 | +€3,479 | +368.6% |
| Other amounts payable | 47/48 | €10,895 | - | -€10,895 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,624 | €10,656 | +€32 | +0.3% |
| Other operating charges | 640/8 | €621 | €2,995 | +€2,374 | +382.2% |
| Gross operating margin | 9900 | €42 | €56,268 | +€56,225 | +132326.3% |
| Operating profit (loss) | 9901 | -€11,202 | €42,618 | +€53,820 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €538 | €611 | +€73 | +13.6% |
| Recurring financial charges | 65 | €538 | €611 | +€73 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,740 | €42,007 | +€53,747 | |
| Income taxes | 67/77 | €54 | €3,946 | +€3,892 | +7153.6% |
| Profit (loss) for the period | 9904 | -€11,795 | €38,061 | +€49,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,795 | €38,061 | +€49,855 |
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.