MPN INVEST: 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.
MPN INVEST
Largest movements
- Cash +€42,809
up €42,809 (+399%), from €10,723 to €53,532
mainly Net result for the year (+€46,788) and Tax, wage and social debts (+€16,556)
- Receivables within one year +€25,573
new in 2026: €25,573
of which Trade receivables: +€25,573
- Profit (loss) carried forward +€32,289
up €32,289, from -€19,825 to €12,464
- Tax, wage and social debts +€16,556
new in 2026: €16,556
- Other debts +€9,813
up €9,813 (+63.1%), from €15,547 to €25,360
- Trade debts +€9,725
up €9,725, from €0 to €9,725
- Gross operating margin +€60,945
up €60,945, from -€439 to €60,506
- Other operating charges +€8,463
up €8,463 (+2,131%), from €397 to €8,860
- Taxes +€4,643
new in 2026: €4,643
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 | €10,723 | €79,104 | +€68,382 | +638% |
| Current assets | 29/58 | €10,723 | €79,104 | +€68,382 | +638% |
| Amounts receivable within one year | 40/41 | - | €25,573 | +€25,573 | |
| Trade receivables | 40 | - | €25,573 | +€25,573 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €10,723 | €53,532 | +€42,809 | +399% |
| Total equity and liabilities | 10/49 | €10,723 | €79,104 | +€68,382 | +638% |
| Equity | 10/15 | -€4,825 | €27,464 | +€32,289 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,825 | €12,464 | +€32,289 | |
| Amounts payable | 17/49 | €15,547 | €51,640 | +€36,093 | +232% |
| Amounts payable within one year | 42/48 | €15,547 | €51,640 | +€36,093 | +232% |
| Trade debts | 44 | €0 | €9,725 | +€9,725 | |
| Suppliers | 440/4 | €0 | €9,725 | +€9,725 | |
| Taxes, remuneration and social security | 45 | - | €16,556 | +€16,556 | |
| Taxes | 450/3 | - | €16,556 | +€16,556 | |
| Other amounts payable | 47/48 | €15,547 | €25,360 | +€9,813 | +63.1% |
| Other operating charges | 640/8 | €397 | €8,860 | +€8,463 | +2,131% |
| Gross operating margin | 9900 | -€439 | €60,506 | +€60,945 | |
| Operating profit (loss) | 9901 | -€836 | €51,646 | +€52,482 | |
| Financial charges | 65/66B | €240 | €216 | -€24 | -10.0% |
| Recurring financial charges | 65 | €240 | €216 | -€24 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,076 | €51,430 | +€52,506 | |
| Income taxes | 67/77 | - | €4,643 | +€4,643 | |
| Profit (loss) for the period | 9904 | -€1,076 | €46,788 | +€47,863 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,076 | €46,788 | +€47,863 |
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.