MPAKT: 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.
MPAKT
Largest movements
- Receivables within one year +€42,197
up €42,197 (+464%), from €9,100 to €51,297
of which Trade receivables: +€28,821
- Tangible fixed assets -€22,014
down €22,014 (-3.6%), from €616,349 to €594,335
- Profit (loss) carried forward +€32,917
up €32,917 (+31.3%), from €105,316 to €138,233
- Debts after one year -€26,531
down €26,531 (-5.6%), from €470,261 to €443,731
- Trade debts +€9,205
up €9,205 (+12,809%), from €72 to €9,276
- Gross operating margin +€19,799
up €19,799 (+33.1%), from €59,795 to €79,593
- Depreciation +€5,926
up €5,926 (+30.1%), from €19,703 to €25,628
- Taxes -€2,857
down €2,857 (-73.4%), from €3,894 to €1,037
- Financial charges -€1,308
down €1,308 (-6.6%), from €19,796 to €18,488
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €654,729 | €665,630 | +€10,901 | +1.7% |
| Fixed assets | 21/28 | €632,677 | €607,048 | -€25,628 | -4.1% |
| Intangible fixed assets | 21 | €16,328 | €12,713 | -€3,615 | -22.1% |
| Tangible fixed assets | 22/27 | €616,349 | €594,335 | -€22,014 | -3.6% |
| Land and buildings | 22 | €616,349 | €594,335 | -€22,014 | -3.6% |
| Current assets | 29/58 | €22,052 | €58,582 | +€36,530 | +166% |
| Amounts receivable within one year | 40/41 | €9,100 | €51,297 | +€42,197 | +464% |
| Trade receivables | 40 | €9,100 | €37,921 | +€28,821 | +317% |
| Other amounts receivable | 41 | - | €13,376 | +€13,376 | |
| Cash at bank and in hand | 54/58 | €12,952 | €7,285 | -€5,667 | -43.8% |
| Total equity and liabilities | 10/49 | €654,729 | €665,630 | +€10,901 | +1.7% |
| Equity | 10/15 | €145,484 | €178,401 | +€32,917 | +22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,968 | €33,968 | = | 0.0% |
| Distributable reserves | 133 | €33,968 | €33,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,316 | €138,233 | +€32,917 | +31.3% |
| Amounts payable | 17/49 | €509,245 | €487,229 | -€22,016 | -4.3% |
| Amounts payable after more than one year | 17 | €470,261 | €443,731 | -€26,531 | -5.6% |
| Financial debts | 170/4 | €470,261 | €443,731 | -€26,531 | -5.6% |
| Amounts payable within one year | 42/48 | €38,984 | €43,499 | +€4,515 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €25,568 | €26,531 | +€962 | +3.8% |
| Trade debts | 44 | €72 | €9,276 | +€9,205 | +12,809% |
| Suppliers | 440/4 | €72 | €9,276 | +€9,205 | +12,809% |
| Taxes, remuneration and social security | 45 | €10,984 | €7,691 | -€3,292 | -30.0% |
| Taxes | 450/3 | €10,984 | €7,691 | -€3,292 | -30.0% |
| Other amounts payable | 47/48 | €2,360 | - | -€2,360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,703 | €25,628 | +€5,926 | +30.1% |
| Other operating charges | 640/8 | €1,476 | €1,523 | +€47 | +3.2% |
| Gross operating margin | 9900 | €59,795 | €79,593 | +€19,799 | +33.1% |
| Operating profit (loss) | 9901 | €38,616 | €52,442 | +€13,826 | +35.8% |
| Financial income | 75/76B | €550 | - | -€550 | |
| Recurring financial income | 75 | €550 | - | -€550 | |
| Financial charges | 65/66B | €19,796 | €18,488 | -€1,308 | -6.6% |
| Recurring financial charges | 65 | €19,796 | €18,488 | -€1,308 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €19,370 | €33,954 | +€14,584 | +75.3% |
| Income taxes | 67/77 | €3,894 | €1,037 | -€2,857 | -73.4% |
| Profit (loss) for the period | 9904 | €15,476 | €32,917 | +€17,442 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €15,476 | €32,917 | +€17,442 | +113% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.