Mprove Management Services: 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.
Mprove Management Services
Largest movements
- Receivables within one year +€105,944
up €105,944 (+49.4%), from €214,324 to €320,268
of which Other amounts receivable: +€96,777
- Tangible fixed assets +€10,316
up €10,316 (+201%), from €5,121 to €15,436
of which Furniture and vehicles: +€10,419
- Cash +€6,951
up €6,951 (+5,002%), from €139 to €7,090
mainly Net result for the year (+€103,329) and Tax, wage and social debts (+€42,988)
- Reserves +€103,329
up €103,329 (+24.3%), from €424,863 to €528,192
- Tax, wage and social debts +€42,988
up €42,988 (+134%), from €32,087 to €75,075
- Short-term financial debts -€25,360
down €25,360 (-63.5%), from €39,922 to €14,561
of which Credit institutions: -€26,070
- Gross operating margin +€96,040
up €96,040 (+162%), from €59,194 to €155,234
- Provisions +€23,700
up €23,700, from -€23,700 to €0
- Taxes +€23,240
up €23,240 (+77.5%), from €29,978 to €53,217
- Depreciation +€2,112
up €2,112 (+97.4%), from €2,167 to €4,279
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.
Derived cash bridge
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 | €552,052 | €675,878 | +€123,826 | +22.4% |
| Fixed assets | 21/28 | €5,871 | €16,186 | +€10,316 | +176% |
| Tangible fixed assets | 22/27 | €5,121 | €15,436 | +€10,316 | +201% |
| Plant, machinery and equipment | 23 | €263 | €159 | -€104 | -39.4% |
| Furniture and vehicles | 24 | €4,858 | €15,277 | +€10,419 | +214% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €546,181 | €659,692 | +€113,511 | +20.8% |
| Amounts receivable after more than one year | 29 | €245,000 | €245,000 | = | 0.0% |
| Other amounts receivable | 291 | €245,000 | €245,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €214,324 | €320,268 | +€105,944 | +49.4% |
| Trade receivables | 40 | €1,308 | €10,475 | +€9,167 | +701% |
| Other amounts receivable | 41 | €213,016 | €309,793 | +€96,777 | +45.4% |
| Current investments | 50/53 | €85,000 | €85,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €139 | €7,090 | +€6,951 | +5,002% |
| Deferred charges and accrued income | 490/1 | €1,719 | €2,334 | +€616 | +35.8% |
| Total equity and liabilities | 10/49 | €552,052 | €675,878 | +€123,826 | +22.4% |
| Equity | 10/15 | €479,930 | €583,259 | +€103,329 | +21.5% |
| Contributions | 10/11 | €55,067 | €55,067 | = | 0.0% |
| Reserves | 13 | €424,863 | €528,192 | +€103,329 | +24.3% |
| Distributable reserves | 133 | €424,863 | €528,192 | +€103,329 | +24.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €72,122 | €92,619 | +€20,497 | +28.4% |
| Amounts payable within one year | 42/48 | €72,122 | €92,619 | +€20,497 | +28.4% |
| Financial debts | 43 | €39,922 | €14,561 | -€25,360 | -63.5% |
| Credit institutions | 430/8 | €28,178 | €2,108 | -€26,070 | -92.5% |
| Other loans | 439 | €11,744 | €12,453 | +€710 | +6.0% |
| Trade debts | 44 | €114 | €2,983 | +€2,869 | +2,522% |
| Suppliers | 440/4 | €114 | €2,983 | +€2,869 | +2,522% |
| Taxes, remuneration and social security | 45 | €32,087 | €75,075 | +€42,988 | +134% |
| Taxes | 450/3 | €32,087 | €75,075 | +€42,988 | +134% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €44,849 | +€44,849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,167 | €4,279 | +€2,112 | +97.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€23,700 | €0 | +€23,700 | |
| Other operating charges | 640/8 | €1,911 | €1,776 | -€135 | -7.1% |
| Gross operating margin | 9900 | €59,194 | €155,234 | +€96,040 | +162% |
| Operating profit (loss) | 9901 | €78,815 | €149,179 | +€70,364 | +89.3% |
| Financial income | 75/76B | €17,375 | €18,503 | +€1,128 | +6.5% |
| Recurring financial income | 75 | €17,375 | €18,503 | +€1,128 | +6.5% |
| Financial charges | 65/66B | €10,977 | €11,136 | +€159 | +1.4% |
| Recurring financial charges | 65 | €10,977 | €11,136 | +€159 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €85,214 | €156,546 | +€71,333 | +83.7% |
| Income taxes | 67/77 | €29,978 | €53,217 | +€23,240 | +77.5% |
| Profit (loss) for the period | 9904 | €55,236 | €103,329 | +€48,093 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,236 | €103,329 | +€48,093 | +87.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.