MPL Construct: 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.
MPL Construct
Largest movements
- Intangible fixed assets -€7,000
down €7,000 (-26.9%), from €26,025 to €19,025
- Stocks and contracts -€5,748
down €5,748 (-100.0%), from €5,748 to €0
- Deferred charges and accrued income -€3,942
down €3,942 (-93.1%), from €4,235 to €292
- Receivables within one year +€3,491
up €3,491 (+160.4%), from €2,177 to €5,668
of which Trade receivables: +€4,386
- Tangible fixed assets +€1,283
up €1,283 (+104.2%), from €1,231 to €2,514
of which Plant, machinery and equipment: +€1,863
- Reserves -€20,000
down €20,000 (-87.0%), from €23,000 to €3,000
- Trade debts +€5,595
up €5,595 (+271.2%), from €2,063 to €7,658
- Tax, wage and social debts +€3,140
up €3,140 (+43.6%), from €7,204 to €10,344
of which Remuneration and social security: +€3,052
- Other debts -€2,588
down €2,588 (-20.2%), from €12,841 to €10,253
- Profit (loss) carried forward +€971
up €971 (+708.2%), from €137 to €1,108
- Gross operating margin -€57,330
down €57,330 (-93.7%), from €61,182 to €3,852
- Other operating charges -€9,279
down €9,279 (-91.9%), from €10,101 to €822
- Taxes -€4,914
down €4,914 (-100.0%), from €4,914 to €0
- Staff costs +€4,315
up €4,315 (+53.4%), from €8,078 to €12,393
- Financial charges +€920
up €920 (+75.9%), from €1,213 to €2,134
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 | €48,846 | €35,863 | -€12,983 | -26.6% |
| Fixed assets | 21/28 | €28,556 | €22,839 | -€5,717 | -20.0% |
| Intangible fixed assets | 21 | €26,025 | €19,025 | -€7,000 | -26.9% |
| Tangible fixed assets | 22/27 | €1,231 | €2,514 | +€1,283 | +104.2% |
| Plant, machinery and equipment | 23 | - | €1,863 | +€1,863 | |
| Furniture and vehicles | 24 | €1,231 | €651 | -€580 | -47.1% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €20,290 | €13,024 | -€7,266 | -35.8% |
| Stocks and contracts in progress | 3 | €5,748 | €0 | -€5,748 | -100.0% |
| Stocks | 30/36 | €5,748 | €0 | -€5,748 | -100.0% |
| Amounts receivable within one year | 40/41 | €2,177 | €5,668 | +€3,491 | +160.4% |
| Trade receivables | 40 | - | €4,386 | +€4,386 | |
| Other amounts receivable | 41 | €2,177 | €1,281 | -€895 | -41.1% |
| Cash at bank and in hand | 54/58 | €8,131 | €7,065 | -€1,067 | -13.1% |
| Deferred charges and accrued income | 490/1 | €4,235 | €292 | -€3,942 | -93.1% |
| Total equity and liabilities | 10/49 | €48,846 | €35,863 | -€12,983 | -26.6% |
| Equity | 10/15 | €26,637 | €7,608 | -€19,029 | -71.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €23,000 | €3,000 | -€20,000 | -87.0% |
| Distributable reserves | 133 | €23,000 | €3,000 | -€20,000 | -87.0% |
| Profit (loss) carried forward | 14 | €137 | €1,108 | +€971 | +708.2% |
| Amounts payable | 17/49 | €22,209 | €28,255 | +€6,046 | +27.2% |
| Amounts payable within one year | 42/48 | €22,109 | €28,255 | +€6,146 | +27.8% |
| Trade debts | 44 | €2,063 | €7,658 | +€5,595 | +271.2% |
| Suppliers | 440/4 | €2,063 | €7,658 | +€5,595 | +271.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,204 | €10,344 | +€3,140 | +43.6% |
| Taxes | 450/3 | €5,928 | €6,015 | +€87 | +1.5% |
| Remuneration and social security | 454/9 | €1,277 | €4,329 | +€3,052 | +239.1% |
| Other amounts payable | 47/48 | €12,841 | €10,253 | -€2,588 | -20.2% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100.0% |
| Remuneration, social security and pensions | 62 | €8,078 | €12,393 | +€4,315 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,717 | €7,538 | -€178 | -2.3% |
| Other operating charges | 640/8 | €10,101 | €822 | -€9,279 | -91.9% |
| Non-recurring operating charges | 66A | €10,000 | €0 | -€10,000 | -100.0% |
| Gross operating margin | 9900 | €61,182 | €3,852 | -€57,330 | -93.7% |
| Operating profit (loss) | 9901 | €25,287 | -€16,901 | -€42,188 | |
| Financial income | 75/76B | €1 | €6 | +€5 | +445.0% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +445.0% |
| Financial charges | 65/66B | €1,213 | €2,134 | +€920 | +75.9% |
| Recurring financial charges | 65 | €1,213 | €2,134 | +€920 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | €24,074 | -€19,029 | -€43,103 | |
| Income taxes | 67/77 | €4,914 | €0 | -€4,914 | -100.0% |
| Profit (loss) for the period | 9904 | €19,161 | -€19,029 | -€38,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,161 | -€19,029 | -€38,190 |
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 8 October 2026 via checked.be.