MPVH Collective: 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.
MPVH Collective
Largest movements
- Receivables within one year +€7,365
up €7,365 (+330.2%), from €2,231 to €9,596
of which Trade receivables: +€7,750
- Stocks and contracts -€3,198
no longer reported in 2025 (was €3,198)
- Receivables after one year -€1,700
down €1,700 (-34.0%), from €5,000 to €3,300
- Cash +€1,453
up €1,453 (+7.5%), from €19,451 to €20,904
mainly Net result for the year (+€5,245) and Stocks and contracts (+€3,198)
- Profit (loss) carried forward +€3,245
up €3,245 (+108.7%), from €2,984 to €6,229
- Tax, wage and social debts +€1,215
up €1,215 (+428.5%), from €284 to €1,498
- Other debts -€492
down €492 (-67.1%), from €733 to €242
- Gross operating margin +€6,076
up €6,076 (+180.4%), from €3,368 to €9,444
- Taxes +€1,224
up €1,224 (+536.2%), from €228 to €1,452
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 | €29,879 | €33,800 | +€3,920 | +13.1% |
| Current assets | 29/58 | €29,879 | €33,800 | +€3,920 | +13.1% |
| Amounts receivable after more than one year | 29 | €5,000 | €3,300 | -€1,700 | -34.0% |
| Other amounts receivable | 291 | €5,000 | €3,300 | -€1,700 | -34.0% |
| Stocks and contracts in progress | 3 | €3,198 | - | -€3,198 | |
| Stocks | 30/36 | €3,198 | - | -€3,198 | |
| Amounts receivable within one year | 40/41 | €2,231 | €9,596 | +€7,365 | +330.2% |
| Trade receivables | 40 | €1,625 | €9,375 | +€7,750 | +476.9% |
| Other amounts receivable | 41 | €606 | €221 | -€385 | -63.5% |
| Cash at bank and in hand | 54/58 | €19,451 | €20,904 | +€1,453 | +7.5% |
| Total equity and liabilities | 10/49 | €29,879 | €33,800 | +€3,920 | +13.1% |
| Equity | 10/15 | €27,984 | €31,229 | +€3,245 | +11.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,984 | €6,229 | +€3,245 | +108.7% |
| Amounts payable | 17/49 | €1,896 | €2,571 | +€675 | +35.6% |
| Amounts payable within one year | 42/48 | €1,896 | €2,571 | +€675 | +35.6% |
| Trade debts | 44 | €879 | €831 | -€48 | -5.4% |
| Suppliers | 440/4 | €879 | €831 | -€48 | -5.4% |
| Taxes, remuneration and social security | 45 | €284 | €1,498 | +€1,215 | +428.5% |
| Taxes | 450/3 | €284 | €1,498 | +€1,215 | +428.5% |
| Other amounts payable | 47/48 | €733 | €242 | -€492 | -67.1% |
| Other operating charges | 640/8 | €2,531 | €2,618 | +€87 | +3.4% |
| Gross operating margin | 9900 | €3,368 | €9,444 | +€6,076 | +180.4% |
| Operating profit (loss) | 9901 | €837 | €6,826 | +€5,989 | +715.4% |
| Financial income | 75/76B | €100 | €66 | -€34 | -34.0% |
| Recurring financial income | 75 | €100 | €66 | -€34 | -34.0% |
| Financial charges | 65/66B | €126 | €195 | +€69 | +54.4% |
| Recurring financial charges | 65 | €126 | €195 | +€69 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | €811 | €6,697 | +€5,886 | +725.9% |
| Income taxes | 67/77 | €228 | €1,452 | +€1,224 | +536.2% |
| Profit (loss) for the period | 9904 | €583 | €5,245 | +€4,662 | +800.3% |
| Profit (loss) for the period to be appropriated | 9905 | €583 | €5,245 | +€4,662 | +800.3% |
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 9 October 2026 via checked.be.