MP-TRANS: what changed
Two fiscal 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-TRANS
Largest movements
- Tangible fixed assets -€23,755
down €23,755 (-24.9%), from €95,372 to €71,618
of which Furniture and vehicles: -€22,607
- Receivables within one year +€14,068
up €14,068 (+18.9%), from €74,313 to €88,381
- Cash -€4,328
down €4,328 (-2.6%), from €164,947 to €160,619
mainly Contributions, distributions and other (-€33,909) and Current portion of long-term debt (-€24,999)
- Current portion of long-term debt -€24,999
down €24,999 (-71.8%), from €34,825 to €9,826
- Reserves +€22,339
up €22,339 (+9.4%), from €237,252 to €259,592
of which Distributable reserves: +€22,339
- Other debts +€18,264
up €18,264 (+563.9%), from €3,239 to €21,503
- Tax, wage and social debts -€11,229
down €11,229 (-37.5%), from €29,946 to €18,717
of which Taxes: -€8,922
- Debts after one year -€9,826
down €9,826 (-64.7%), from €15,195 to €5,369
- Gross operating margin +€13,197
up €13,197 (+9.2%), from €143,293 to €156,490
- Depreciation -€6,443
down €6,443 (-21.3%), from €30,198 to €23,755
- Staff costs +€2,220
up €2,220 (+4.4%), from €51,009 to €53,229
- Taxes +€2,089
up €2,089 (+10.4%), from €20,139 to €22,228
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 | €339,204 | €327,894 | -€11,311 | -3.3% |
| Fixed assets | 21/28 | €95,582 | €71,828 | -€23,755 | -24.9% |
| Tangible fixed assets | 22/27 | €95,372 | €71,618 | -€23,755 | -24.9% |
| Plant, machinery and equipment | 23 | €1,852 | €1,196 | -€656 | -35.4% |
| Furniture and vehicles | 24 | €90,274 | €67,667 | -€22,607 | -25.0% |
| Other tangible fixed assets | 26 | €3,247 | €2,755 | -€492 | -15.1% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €243,622 | €256,066 | +€12,444 | +5.1% |
| Amounts receivable within one year | 40/41 | €74,313 | €88,381 | +€14,068 | +18.9% |
| Trade receivables | 40 | €74,313 | €88,381 | +€14,068 | +18.9% |
| Cash at bank and in hand | 54/58 | €164,947 | €160,619 | -€4,328 | -2.6% |
| Deferred charges and accrued income | 490/1 | €4,362 | €7,066 | +€2,704 | +62.0% |
| Total equity and liabilities | 10/49 | €339,204 | €327,894 | -€11,311 | -3.3% |
| Equity | 10/15 | €243,452 | €265,792 | +€22,339 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €237,252 | €259,592 | +€22,339 | +9.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €235,397 | €257,737 | +€22,339 | +9.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €95,752 | €62,102 | -€33,650 | -35.1% |
| Amounts payable after more than one year | 17 | €15,195 | €5,369 | -€9,826 | -64.7% |
| Financial debts | 170/4 | €15,195 | €5,369 | -€9,826 | -64.7% |
| Amounts payable within one year | 42/48 | €80,557 | €56,733 | -€23,824 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €34,825 | €9,826 | -€24,999 | -71.8% |
| Trade debts | 44 | €12,547 | €6,687 | -€5,859 | -46.7% |
| Suppliers | 440/4 | €12,547 | €6,687 | -€5,859 | -46.7% |
| Taxes, remuneration and social security | 45 | €29,946 | €18,717 | -€11,229 | -37.5% |
| Taxes | 450/3 | €23,109 | €14,187 | -€8,922 | -38.6% |
| Remuneration and social security | 454/9 | €6,837 | €4,530 | -€2,307 | -33.7% |
| Other amounts payable | 47/48 | €3,239 | €21,503 | +€18,264 | +563.9% |
| Remuneration, social security and pensions | 62 | €51,009 | €53,229 | +€2,220 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,198 | €23,755 | -€6,443 | -21.3% |
| Other operating charges | 640/8 | €1,213 | €701 | -€513 | -42.2% |
| Gross operating margin | 9900 | €143,293 | €156,490 | +€13,197 | +9.2% |
| Operating profit (loss) | 9901 | €60,872 | €78,805 | +€17,933 | +29.5% |
| Financial income | 75/76B | €168 | €739 | +€571 | +339.9% |
| Recurring financial income | 75 | €168 | €739 | +€571 | +339.9% |
| Financial charges | 65/66B | €1,679 | €1,068 | -€612 | -36.4% |
| Recurring financial charges | 65 | €1,679 | €1,068 | -€612 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €59,361 | €78,477 | +€19,116 | +32.2% |
| Income taxes | 67/77 | €20,139 | €22,228 | +€2,089 | +10.4% |
| Profit (loss) for the period | 9904 | €39,222 | €56,249 | +€17,027 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,222 | €56,249 | +€17,027 | +43.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.