MP NEUROLOGY: 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 NEUROLOGY
Largest movements
- Tangible fixed assets +€30,051
up €30,051 (+222%), from €13,529 to €43,580
of which Furniture and vehicles: +€32,616
- Intangible fixed assets -€10,000
down €10,000 (-11.1%), from €90,000 to €80,000
- Reserves +€61,795
up €61,795 (+53.3%), from €116,030 to €177,825
- Other debts -€48,535
down €48,535 (-73.6%), from €65,958 to €17,423
- Tax, wage and social debts -€29,005
no longer reported in 2025 (was €29,005)
- Debts after one year +€21,429
up €21,429 (+213%), from €10,053 to €31,483
- Current portion of long-term debt +€15,114
new in 2025: €15,114
- Gross operating margin -€58,749
down €58,749 (-37.1%), from €158,189 to €99,440
- Taxes -€9,227
down €9,227 (-31.8%), from €29,005 to €19,778
- Depreciation +€3,965
up €3,965 (+31.3%), from €12,687 to €16,652
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 | €226,046 | €246,844 | +€20,798 | +9.2% |
| Fixed assets | 21/28 | €103,529 | €123,580 | +€20,051 | +19.4% |
| Intangible fixed assets | 21 | €90,000 | €80,000 | -€10,000 | -11.1% |
| Tangible fixed assets | 22/27 | €13,529 | €43,580 | +€30,051 | +222% |
| Plant, machinery and equipment | 23 | €10,264 | €7,700 | -€2,564 | -25.0% |
| Furniture and vehicles | 24 | €3,265 | €35,880 | +€32,616 | +999% |
| Current assets | 29/58 | €122,517 | €123,264 | +€747 | +0.6% |
| Amounts receivable within one year | 40/41 | - | €1,014 | +€1,014 | |
| Trade receivables | 40 | - | €314 | +€314 | |
| Other amounts receivable | 41 | - | €700 | +€700 | |
| Cash at bank and in hand | 54/58 | €60,424 | €62,019 | +€1,595 | +2.6% |
| Deferred charges and accrued income | 490/1 | €62,093 | €60,230 | -€1,863 | -3.0% |
| Total equity and liabilities | 10/49 | €226,046 | €246,844 | +€20,798 | +9.2% |
| Equity | 10/15 | €121,030 | €182,825 | +€61,795 | +51.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €116,030 | €177,825 | +€61,795 | +53.3% |
| Distributable reserves | 133 | €116,030 | €177,825 | +€61,795 | +53.3% |
| Amounts payable | 17/49 | €105,016 | €64,020 | -€40,996 | -39.0% |
| Amounts payable after more than one year | 17 | €10,053 | €31,483 | +€21,429 | +213% |
| Financial debts | 170/4 | €10,053 | €31,483 | +€21,429 | +213% |
| Amounts payable within one year | 42/48 | €94,963 | €32,537 | -€62,426 | -65.7% |
| Current portion of amounts payable after more than one year | 42 | - | €15,114 | +€15,114 | |
| Taxes, remuneration and social security | 45 | €29,005 | - | -€29,005 | |
| Taxes | 450/3 | €29,005 | - | -€29,005 | |
| Other amounts payable | 47/48 | €65,958 | €17,423 | -€48,535 | -73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,687 | €16,652 | +€3,965 | +31.3% |
| Gross operating margin | 9900 | €158,189 | €99,440 | -€58,749 | -37.1% |
| Operating profit (loss) | 9901 | €145,501 | €82,788 | -€62,714 | -43.1% |
| Financial charges | 65/66B | €466 | €1,215 | +€748 | +160% |
| Recurring financial charges | 65 | €466 | €1,215 | +€748 | +160% |
| Profit (loss) for the period before taxes | 9903 | €145,035 | €81,573 | -€63,462 | -43.8% |
| Income taxes | 67/77 | €29,005 | €19,778 | -€9,227 | -31.8% |
| Profit (loss) for the period | 9904 | €116,030 | €61,795 | -€54,235 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,030 | €61,795 | -€54,235 | -46.7% |
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 16 October 2026 via checked.be.