MP PROJEKTS: 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 PROJEKTS
Largest movements
- Cash -€40,266
down €40,266 (-81.4%), from €49,451 to €9,185
mainly Contributions, distributions and other (-€48,250) and Tax, wage and social debts (-€22,259)
- Receivables within one year +€16,154
up €16,154 (+20.3%), from €79,440 to €95,594
of which Other amounts receivable: +€9,776
- Tangible fixed assets -€11,240
down €11,240 (-4.9%), from €229,688 to €218,449
of which Assets under construction and advance payments: -€6,853
- Tax, wage and social debts -€22,259
down €22,259 (-80.1%), from €27,790 to €5,530
of which Taxes: -€23,997
- Reserves -€19,000
down €19,000 (-11.6%), from €163,782 to €144,782
- Debts after one year -€9,723
down €9,723 (-7.3%), from €132,702 to €122,979
of which Financial debts: -€11,808
- Trade debts +€7,757
up €7,757 (+29.1%), from €26,678 to €34,435
- Other debts +€6,510
up €6,510 (+813.8%), from €800 to €7,310
- Gross operating margin -€45,093
down €45,093 (-41.4%), from €108,843 to €63,751
- Taxes -€9,472
down €9,472 (-42.4%), from €22,357 to €12,885
- Depreciation +€2,279
up €2,279 (+18.3%), from €12,464 to €14,742
- Financial charges -€1,835
down €1,835 (-18.5%), from €9,911 to €8,076
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 | €370,766 | €334,203 | -€36,563 | -9.9% |
| Fixed assets | 21/28 | €229,688 | €218,449 | -€11,240 | -4.9% |
| Tangible fixed assets | 22/27 | €229,688 | €218,449 | -€11,240 | -4.9% |
| Land and buildings | 22 | €30,756 | €29,864 | -€892 | -2.9% |
| Plant, machinery and equipment | 23 | €26,595 | €25,079 | -€1,516 | -5.7% |
| Furniture and vehicles | 24 | €6,345 | €4,366 | -€1,979 | -31.2% |
| Assets under construction and advance payments | 27 | €165,992 | €159,139 | -€6,853 | -4.1% |
| Current assets | 29/58 | €141,078 | €115,755 | -€25,324 | -18.0% |
| Amounts receivable after more than one year | 29 | €9,000 | €6,700 | -€2,300 | -25.6% |
| Trade receivables | 290 | €9,000 | €6,700 | -€2,300 | -25.6% |
| Amounts receivable within one year | 40/41 | €79,440 | €95,594 | +€16,154 | +20.3% |
| Trade receivables | 40 | €20,190 | €26,567 | +€6,378 | +31.6% |
| Other amounts receivable | 41 | €59,250 | €69,026 | +€9,776 | +16.5% |
| Cash at bank and in hand | 54/58 | €49,451 | €9,185 | -€40,266 | -81.4% |
| Deferred charges and accrued income | 490/1 | €3,187 | €4,276 | +€1,088 | +34.1% |
| Total equity and liabilities | 10/49 | €370,766 | €334,203 | -€36,563 | -9.9% |
| Equity | 10/15 | €170,470 | €150,397 | -€20,073 | -11.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €163,782 | €144,782 | -€19,000 | -11.6% |
| Distributable reserves | 133 | €163,782 | €144,782 | -€19,000 | -11.6% |
| Profit (loss) carried forward | 14 | €1,688 | €615 | -€1,073 | -63.6% |
| Amounts payable | 17/49 | €200,297 | €183,806 | -€16,490 | -8.2% |
| Amounts payable after more than one year | 17 | €132,702 | €122,979 | -€9,723 | -7.3% |
| Financial debts | 170/4 | €132,702 | €120,894 | -€11,808 | -8.9% |
| Other amounts payable | 178/9 | - | €2,085 | +€2,085 | |
| Amounts payable within one year | 42/48 | €67,594 | €60,132 | -€7,462 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €12,327 | €12,857 | +€530 | +4.3% |
| Trade debts | 44 | €26,678 | €34,435 | +€7,757 | +29.1% |
| Suppliers | 440/4 | €26,678 | €34,435 | +€7,757 | +29.1% |
| Taxes, remuneration and social security | 45 | €27,790 | €5,530 | -€22,259 | -80.1% |
| Taxes | 450/3 | €27,790 | €3,793 | -€23,997 | -86.4% |
| Remuneration and social security | 454/9 | €0 | €1,737 | +€1,737 | |
| Other amounts payable | 47/48 | €800 | €7,310 | +€6,510 | +813.8% |
| Accrued charges and deferred income | 492/3 | - | €695 | +€695 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,464 | €14,742 | +€2,279 | +18.3% |
| Other operating charges | 640/8 | €2,164 | €1,834 | -€330 | -15.3% |
| Gross operating margin | 9900 | €108,843 | €63,751 | -€45,093 | -41.4% |
| Operating profit (loss) | 9901 | €94,216 | €47,175 | -€47,041 | -49.9% |
| Financial income | 75/76B | €1,490 | €1,962 | +€472 | +31.7% |
| Recurring financial income | 75 | €1,490 | €1,962 | +€472 | +31.7% |
| Financial charges | 65/66B | €9,911 | €8,076 | -€1,835 | -18.5% |
| Recurring financial charges | 65 | €9,911 | €8,076 | -€1,835 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €85,795 | €41,061 | -€44,734 | -52.1% |
| Income taxes | 67/77 | €22,357 | €12,885 | -€9,472 | -42.4% |
| Profit (loss) for the period | 9904 | €63,439 | €28,177 | -€35,262 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,439 | €28,177 | -€35,262 | -55.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.