MR-BUILD: 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.
MR-BUILD
Largest movements
- Cash +€98,733
up €98,733 (+214.0%), from €46,132 to €144,865
mainly Current investments (+€50,000) and Depreciation (+€32,324)
- Current investments -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Tangible fixed assets -€24,649
down €24,649 (-2.1%), from €1.2m to €1.2m
- Reserves +€23,372
up €23,372 (+1.6%), from €1.5m to €1.5m
- Gross operating margin +€2,127
up €2,127 (+3.2%), from €65,972 to €68,099
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 | €1,891,362 | €1,916,696 | +€25,333 | +1.3% |
| Fixed assets | 21/28 | €1,191,592 | €1,166,943 | -€24,649 | -2.1% |
| Tangible fixed assets | 22/27 | €1,191,592 | €1,166,943 | -€24,649 | -2.1% |
| Land and buildings | 22 | €1,191,592 | €1,166,943 | -€24,649 | -2.1% |
| Current assets | 29/58 | €699,770 | €749,753 | +€49,982 | +7.1% |
| Amounts receivable after more than one year | 29 | €396,648 | €396,648 | = | 0.0% |
| Other amounts receivable | 291 | €396,648 | €396,648 | = | 0.0% |
| Current investments | 50/53 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €46,132 | €144,865 | +€98,733 | +214.0% |
| Deferred charges and accrued income | 490/1 | €6,990 | €8,240 | +€1,249 | +17.9% |
| Total equity and liabilities | 10/49 | €1,891,362 | €1,916,696 | +€25,333 | +1.3% |
| Equity | 10/15 | €1,865,528 | €1,888,900 | +€23,372 | +1.3% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Revaluation surpluses | 12 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €1,467,687 | €1,491,060 | +€23,372 | +1.6% |
| Distributable reserves | 133 | €1,467,687 | €1,491,060 | +€23,372 | +1.6% |
| Amounts payable | 17/49 | €25,835 | €27,796 | +€1,961 | +7.6% |
| Amounts payable within one year | 42/48 | €22,003 | €22,907 | +€905 | +4.1% |
| Trade debts | 44 | €924 | €723 | -€202 | -21.8% |
| Suppliers | 440/4 | €924 | €723 | -€202 | -21.8% |
| Taxes, remuneration and social security | 45 | €2,314 | €2,423 | +€109 | +4.7% |
| Taxes | 450/3 | €2,314 | €2,423 | +€109 | +4.7% |
| Other amounts payable | 47/48 | €18,765 | €19,762 | +€998 | +5.3% |
| Accrued charges and deferred income | 492/3 | €3,832 | €4,888 | +€1,056 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,788 | €32,324 | +€536 | +1.7% |
| Other operating charges | 640/8 | €4,704 | €4,847 | +€144 | +3.1% |
| Gross operating margin | 9900 | €65,972 | €68,099 | +€2,127 | +3.2% |
| Operating profit (loss) | 9901 | €29,480 | €30,928 | +€1,448 | +4.9% |
| Financial income | 75/76B | €5,097 | €4,949 | -€148 | -2.9% |
| Recurring financial income | 75 | €5,097 | €4,949 | -€148 | -2.9% |
| Financial charges | 65/66B | €1,542 | €1,598 | +€55 | +3.6% |
| Recurring financial charges | 65 | €1,542 | €1,598 | +€55 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €33,035 | €34,280 | +€1,244 | +3.8% |
| Income taxes | 67/77 | €10,511 | €10,907 | +€396 | +3.8% |
| Profit (loss) for the period | 9904 | €22,524 | €23,372 | +€848 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,524 | €23,372 | +€848 | +3.8% |
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 6 October 2026 via checked.be.