Mpiris: what changed
Mpiris
Largest movements
- Tangible fixed assets +€100,846
up €100,846 (+19.8%), from €508,929 to €609,775
of which Land and buildings: +€108,640
- Deferred charges and accrued income +€48,784
up €48,784 (+2,529%), from €1,929 to €50,713
- Receivables within one year +€13,532
up €13,532 (+21.6%), from €62,681 to €76,212
of which Trade receivables: +€23,265
- Cash -€13,206
down €13,206 (-15.2%), from €86,949 to €73,743
mainly Investment in fixed assets (net) (-€117,120) and Deferred charges and accrued income (-€48,784)
- Debts after one year +€115,179
up €115,179 (+29.2%), from €395,104 to €510,283
- Trade debts +€24,403
up €24,403 (+163%), from €14,979 to €39,383
- Accrued charges and deferred income +€14,513
new in 2025: €14,513
- Tax, wage and social debts -€9,965
down €9,965 (-33.6%), from €29,685 to €19,719
of which Remuneration and social security: -€12,911
- Profit (loss) carried forward +€9,730
up €9,730 (+6.2%), from €158,152 to €167,882
- Staff costs -€79,564
down €79,564 (-64.4%), from €123,541 to €43,977
- Gross operating margin +€28,516
up €28,516 (+41.2%), from €69,190 to €97,706
- Financial charges +€6,815
up €6,815 (+41.0%), from €16,641 to €23,456
- Taxes +€2,773
up €2,773, from -€2,436 to €337
- Depreciation +€1,122
up €1,122 (+7.4%), from €15,152 to €16,274
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €660,487 | €810,443 | +€149,956 | +22.7% |
| Fixed assets | 21/28 | €508,929 | €609,775 | +€100,846 | +19.8% |
| Tangible fixed assets | 22/27 | €508,929 | €609,775 | +€100,846 | +19.8% |
| Land and buildings | 22 | €493,454 | €602,094 | +€108,640 | +22.0% |
| Plant, machinery and equipment | 23 | €3,310 | €3,259 | -€52 | -1.6% |
| Furniture and vehicles | 24 | €12,165 | €4,422 | -€7,742 | -63.6% |
| Current assets | 29/58 | €151,559 | €200,668 | +€49,109 | +32.4% |
| Amounts receivable within one year | 40/41 | €62,681 | €76,212 | +€13,532 | +21.6% |
| Trade receivables | 40 | €52,926 | €76,191 | +€23,265 | +44.0% |
| Other amounts receivable | 41 | €9,755 | €22 | -€9,733 | -99.8% |
| Cash at bank and in hand | 54/58 | €86,949 | €73,743 | -€13,206 | -15.2% |
| Deferred charges and accrued income | 490/1 | €1,929 | €50,713 | +€48,784 | +2,529% |
| Total equity and liabilities | 10/49 | €660,487 | €810,443 | +€149,956 | +22.7% |
| Equity | 10/15 | €178,612 | €188,342 | +€9,730 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,152 | €167,882 | +€9,730 | +6.2% |
| Amounts payable | 17/49 | €481,875 | €622,101 | +€140,226 | +29.1% |
| Amounts payable after more than one year | 17 | €395,104 | €510,283 | +€115,179 | +29.2% |
| Financial debts | 170/4 | €395,104 | €510,283 | +€115,179 | +29.2% |
| Amounts payable within one year | 42/48 | €86,771 | €97,305 | +€10,534 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €26,602 | €25,854 | -€748 | -2.8% |
| Financial debts | 43 | €3,386 | - | -€3,386 | |
| Credit institutions | 430/8 | €3,386 | - | -€3,386 | |
| Trade debts | 44 | €14,979 | €39,383 | +€24,403 | +163% |
| Suppliers | 440/4 | €14,979 | €39,383 | +€24,403 | +163% |
| Taxes, remuneration and social security | 45 | €29,685 | €19,719 | -€9,965 | -33.6% |
| Taxes | 450/3 | €14,773 | €17,719 | +€2,946 | +19.9% |
| Remuneration and social security | 454/9 | €14,911 | €2,000 | -€12,911 | -86.6% |
| Other amounts payable | 47/48 | €12,118 | €12,349 | +€230 | +1.9% |
| Accrued charges and deferred income | 492/3 | - | €14,513 | +€14,513 | |
| Remuneration, social security and pensions | 62 | €123,541 | €43,977 | -€79,564 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,152 | €16,274 | +€1,122 | +7.4% |
| Other operating charges | 640/8 | €1,605 | €2,424 | +€819 | +51.0% |
| Gross operating margin | 9900 | €69,190 | €97,706 | +€28,516 | +41.2% |
| Operating profit (loss) | 9901 | -€71,108 | €35,031 | +€106,139 | |
| Financial income | 75/76B | €64 | €152 | +€88 | +138% |
| Recurring financial income | 75 | €64 | €152 | +€88 | +138% |
| Financial charges | 65/66B | €16,641 | €23,456 | +€6,815 | +41.0% |
| Recurring financial charges | 65 | €16,641 | €23,456 | +€6,815 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | -€87,685 | €11,727 | +€99,412 | |
| Income taxes | 67/77 | -€2,436 | €337 | +€2,773 | |
| Profit (loss) for the period | 9904 | -€85,249 | €11,390 | +€96,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€85,249 | €11,390 | +€96,639 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.