MPB COMPANY: what changed
What changed
MPB COMPANY
NACE 73.200, Market research and public opinion polling
filed annual accounts (NBB)
Net result for the year
€171,348
2024 · €71,049+€100,299
Equity
€624,583
2024 · €543,235+€81,348
Cash
€198,530
2024 · €91,832+€106,698
Balance sheet total
€953,652
2024 · €897,015+€56,638
Largest movements
Assets
- Cash +€106,698
up €106,698 (+116%), from €91,832 to €198,530
mainly Net result for the year (+€171,348) and Depreciation (+€57,530)
- Tangible fixed assets -€48,250
down €48,250 (-19.0%), from €253,564 to €205,313
of which Plant, machinery and equipment: -€30,624
Equity and liabilities
- Reserves +€81,348
up €81,348 (+33.8%), from €240,618 to €321,966
of which Distributable reserves: +€86,838
- Other debts +€55,000
new in 2025: €55,000
- Debts after one year -€48,862
down €48,862 (-22.1%), from €220,707 to €171,845
- Current portion of long-term debt -€34,108
down €34,108 (-41.1%), from €82,970 to €48,862
- Tax, wage and social debts +€10,993
up €10,993 (+29.6%), from €37,161 to €48,155
Income statement
- Financial income +€99,995
up €99,995 (+2,918%), from €3,427 to €103,421
- Gross operating margin +€17,278
up €17,278 (+10.3%), from €167,169 to €184,446
- Taxes +€13,457
up €13,457 (+35.3%), from €38,131 to €51,588
- Depreciation +€4,965
up €4,965 (+9.4%), from €52,565 to €57,530
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€71,049
Gross operating margin
+€17,278
Staff costs
-€200
Depreciation
-€4,965
Other operating charges
+€39
Financial income
+€99,995
Financial charges
+€1,611
Taxes
-€13,457
Result 2025
€171,348
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€288,947
Investment
-€9,280
Financing
-€172,970
Cash 2024
€91,832
From operations (derived)
+€288,947
Net result for the year
+€171,348
Depreciation
+€57,530
Receivables within one year
+€3,216
Deferred charges and accrued income
-€1,407
Provisions
-€2,827
Trade debts
-€5,736
Tax, wage and social debts
+€10,993
Other debts
+€55,000
Accrued charges and deferred income
+€829
Investment (derived)
-€9,280
Investment in fixed assets (net)
-€9,280
Financing
-€172,970
Debts after one year
-€48,862
Current portion of long-term debt
-€34,108
Contributions, distributions and other
-€90,000
Cash 2025
€198,530
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €897,015 | €953,652 | +€56,638 | +6.3% |
| Fixed assets | 21/28 | €730,867 | €682,617 | -€48,250 | -6.6% |
| Tangible fixed assets | 22/27 | €253,564 | €205,313 | -€48,250 | -19.0% |
| Land and buildings | 22 | €122,120 | €98,749 | -€23,372 | -19.1% |
| Plant, machinery and equipment | 23 | €130,884 | €100,260 | -€30,624 | -23.4% |
| Furniture and vehicles | 24 | €538 | €6,305 | +€5,766 | +1,071% |
| Other tangible fixed assets | 26 | €21 | - | -€21 | |
| Financial fixed assets | 28 | €477,303 | €477,303 | = | 0.0% |
| Current assets | 29/58 | €166,147 | €271,036 | +€104,888 | +63.1% |
| Amounts receivable within one year | 40/41 | €65,477 | €62,260 | -€3,216 | -4.9% |
| Trade receivables | 40 | €1,544 | - | -€1,544 | |
| Other amounts receivable | 41 | €63,933 | €62,260 | -€1,673 | -2.6% |
| Cash at bank and in hand | 54/58 | €91,832 | €198,530 | +€106,698 | +116% |
| Deferred charges and accrued income | 490/1 | €8,839 | €10,245 | +€1,407 | +15.9% |
| Total equity and liabilities | 10/49 | €897,015 | €953,652 | +€56,638 | +6.3% |
| Equity | 10/15 | €543,235 | €624,583 | +€81,348 | +15.0% |
| Contributions | 10/11 | €10,466 | €10,466 | = | 0.0% |
| Revaluation surpluses | 12 | €291,817 | €291,817 | = | 0.0% |
| Reserves | 13 | €240,618 | €321,966 | +€81,348 | +33.8% |
| Tax-exempt reserves | 132 | €5,490 | - | -€5,490 | |
| Distributable reserves | 133 | €235,128 | €321,966 | +€86,838 | +36.9% |
| Profit (loss) carried forward | 14 | €334 | €334 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,827 | - | -€2,827 | |
| Deferred taxes | 168 | €2,827 | - | -€2,827 | |
| Amounts payable | 17/49 | €350,953 | €329,070 | -€21,883 | -6.2% |
| Amounts payable after more than one year | 17 | €220,707 | €171,845 | -€48,862 | -22.1% |
| Financial debts | 170/4 | €220,707 | €171,845 | -€48,862 | -22.1% |
| Amounts payable within one year | 42/48 | €128,776 | €154,925 | +€26,149 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €82,970 | €48,862 | -€34,108 | -41.1% |
| Trade debts | 44 | €8,645 | €2,909 | -€5,736 | -66.4% |
| Suppliers | 440/4 | €8,645 | €2,909 | -€5,736 | -66.4% |
| Taxes, remuneration and social security | 45 | €37,161 | €48,155 | +€10,993 | +29.6% |
| Taxes | 450/3 | €37,161 | €48,155 | +€10,993 | +29.6% |
| Other amounts payable | 47/48 | - | €55,000 | +€55,000 | |
| Accrued charges and deferred income | 492/3 | €1,470 | €2,299 | +€829 | +56.4% |
| Remuneration, social security and pensions | 62 | -€200 | - | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,565 | €57,530 | +€4,965 | +9.4% |
| Other operating charges | 640/8 | €4,072 | €4,033 | -€39 | -0.9% |
| Gross operating margin | 9900 | €167,169 | €184,446 | +€17,278 | +10.3% |
| Operating profit (loss) | 9901 | €110,732 | €122,883 | +€12,151 | +11.0% |
| Financial income | 75/76B | €3,427 | €103,421 | +€99,995 | +2,918% |
| Recurring financial income | 75 | €3,427 | €103,421 | +€99,995 | +2,918% |
| Financial charges | 65/66B | €7,807 | €6,195 | -€1,611 | -20.6% |
| Recurring financial charges | 65 | €7,807 | €6,195 | -€1,611 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €106,353 | €220,109 | +€113,757 | +107% |
| Transfer from deferred taxes | 780 | €2,827 | €2,827 | -€0 | 0.0% |
| Income taxes | 67/77 | €38,131 | €51,588 | +€13,457 | +35.3% |
| Profit (loss) for the period | 9904 | €71,049 | €171,348 | +€100,299 | +141% |
| Transfer from tax-exempt reserves | 789 | €5,490 | €5,490 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,539 | €176,838 | +€100,299 | +131% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.