MR: what changed
What changed
MR
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€42,499
2024 · €75,947-€33,448
Equity
€365,067
2024 · €322,568+€42,499
Cash
€16,966
2024 · €38,633-€21,667
Balance sheet total
€593,094
2024 · €646,090-€52,996
Largest movements
Assets
- Tangible fixed assets -€39,829
down €39,829 (-11.5%), from €345,626 to €305,797
of which Furniture and vehicles: -€21,691
- Cash -€21,667
down €21,667 (-56.1%), from €38,633 to €16,966
mainly Trade debts (-€60,283) and Debts after one year (-€31,264)
Equity and liabilities
- Trade debts -€60,283
down €60,283 (-82.9%), from €72,741 to €12,458
- Reserves +€42,499
up €42,499 (+13.7%), from €310,168 to €352,667
of which Distributable reserves: +€42,499
- Debts after one year -€31,264
down €31,264 (-15.6%), from €201,008 to €169,744
Income statement
- Gross operating margin -€123,780
down €123,780 (-47.0%), from €263,129 to €139,349
- Staff costs +€103,228
up €103,228 (+271,795%), from €38 to €103,266
- Financial income +€97,917
up €97,917 (+2,145%), from €4,565 to €102,483
of which Non-recurring financial income: +€95,000
- Write-downs -€34,385
down €34,385 (-73.9%), from €46,521 to €12,136
- Other operating charges -€22,035
down €22,035 (-94.3%), from €23,378 to €1,343
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.
Result 2024
€75,947
Gross operating margin
-€123,780
Staff costs
-€103,228
Depreciation
+€12,231
Write-downs
+€34,385
Other operating charges
+€22,035
Financial income
+€97,917
Financial charges
+€15,303
Taxes
+€11,687
Result 2025
€42,499
raises the resultlowers the result
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.
From operations
+€4,444
Investment
+€10,687
Financing
-€36,799
Cash 2024
€38,633
From operations (derived)
+€4,444
Net result for the year
+€42,499
Depreciation
+€29,142
Receivables within one year
-€3,072
Deferred charges and accrued income
-€5,428
Trade debts
-€60,283
Tax, wage and social debts
+€1,587
Investment (derived)
+€10,687
Investment in fixed assets (net)
+€10,687
Financing
-€36,799
Debts after one year
-€31,264
Current portion of long-term debt
-€5,535
Cash 2025
€16,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €646,090 | €593,094 | -€52,996 | -8.2% |
| Fixed assets | 21/28 | €345,626 | €305,797 | -€39,829 | -11.5% |
| Tangible fixed assets | 22/27 | €345,626 | €305,797 | -€39,829 | -11.5% |
| Land and buildings | 22 | €269,208 | €262,291 | -€6,916 | -2.6% |
| Plant, machinery and equipment | 23 | €23,855 | €12,633 | -€11,222 | -47.0% |
| Furniture and vehicles | 24 | €52,563 | €30,872 | -€21,691 | -41.3% |
| Current assets | 29/58 | €300,464 | €287,298 | -€13,167 | -4.4% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €258,050 | €261,122 | +€3,072 | +1.2% |
| Trade receivables | 40 | €151,124 | €107,317 | -€43,808 | -29.0% |
| Other amounts receivable | 41 | €106,925 | €153,805 | +€46,880 | +43.8% |
| Cash at bank and in hand | 54/58 | €38,633 | €16,966 | -€21,667 | -56.1% |
| Deferred charges and accrued income | 490/1 | €782 | €6,210 | +€5,428 | +695% |
| Total equity and liabilities | 10/49 | €646,090 | €593,094 | -€52,996 | -8.2% |
| Equity | 10/15 | €322,568 | €365,067 | +€42,499 | +13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €310,168 | €352,667 | +€42,499 | +13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €308,308 | €350,807 | +€42,499 | +13.8% |
| Amounts payable | 17/49 | €323,522 | €228,027 | -€95,495 | -29.5% |
| Amounts payable after more than one year | 17 | €201,008 | €169,744 | -€31,264 | -15.6% |
| Financial debts | 170/4 | €201,008 | €169,744 | -€31,264 | -15.6% |
| Amounts payable within one year | 42/48 | €122,514 | €58,283 | -€64,231 | -52.4% |
| Current portion of amounts payable after more than one year | 42 | €43,547 | €38,012 | -€5,535 | -12.7% |
| Trade debts | 44 | €72,741 | €12,458 | -€60,283 | -82.9% |
| Suppliers | 440/4 | €72,741 | €12,458 | -€60,283 | -82.9% |
| Taxes, remuneration and social security | 45 | €6,226 | €7,813 | +€1,587 | +25.5% |
| Taxes | 450/3 | €6,226 | €7,813 | +€1,587 | +25.5% |
| Non-recurring operating income | 76A | €193,668 | €16,579 | -€177,089 | -91.4% |
| Remuneration, social security and pensions | 62 | €38 | €103,266 | +€103,228 | +271,795% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,373 | €29,142 | -€12,231 | -29.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,521 | €12,136 | -€34,385 | -73.9% |
| Other operating charges | 640/8 | €23,378 | €1,343 | -€22,035 | -94.3% |
| Gross operating margin | 9900 | €263,129 | €139,349 | -€123,780 | -47.0% |
| Operating profit (loss) | 9901 | €151,819 | -€6,537 | -€158,356 | |
| Financial income | 75/76B | €4,565 | €102,483 | +€97,917 | +2,145% |
| Recurring financial income | 75 | €4,565 | €7,483 | +€2,917 | +63.9% |
| Non-recurring financial income | 76B | - | €95,000 | +€95,000 | |
| Financial charges | 65/66B | €27,033 | €11,730 | -€15,303 | -56.6% |
| Recurring financial charges | 65 | €21,897 | €11,730 | -€10,167 | -46.4% |
| Non-recurring financial charges | 66B | €5,136 | - | -€5,136 | |
| Profit (loss) for the period before taxes | 9903 | €129,351 | €84,215 | -€45,136 | -34.9% |
| Income taxes | 67/77 | €53,404 | €41,716 | -€11,687 | -21.9% |
| Profit (loss) for the period | 9904 | €75,947 | €42,499 | -€33,448 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,947 | €42,499 | -€33,448 | -44.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.