MR INTERNATIONAL: 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.
MR INTERNATIONAL
Largest movements
- Deferred charges and accrued income -€379,800
down €379,800 (-99.0%), from €383,681 to €3,880
- Receivables within one year -€320,060
down €320,060 (-68.5%), from €467,276 to €147,216
of which Other amounts receivable: -€164,863
- Cash -€49,538
down €49,538 (-85.4%), from €58,026 to €8,489
mainly Other debts (-€738,274) and Net result for the year (-€223,880)
- Other debts -€738,274
down €738,274 (-89.1%), from €828,370 to €90,096
- Profit (loss) carried forward -€223,880
new in 2025: -€223,880
- Trade debts +€215,191
up €215,191 (+861%), from €25,003 to €240,194
- Gross operating margin -€191,896
down €191,896, from €121,047 to -€70,850
- Financial charges -€26,809
down €26,809 (-95.3%), from €28,144 to €1,335
- Staff costs +€14,028
up €14,028 (+10.4%), from €134,625 to €148,653
- Other operating charges +€1,958
up €1,958 (+381%), from €513 to €2,471
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 | €908,982 | €159,585 | -€749,398 | -82.4% |
| Current assets | 29/58 | €908,982 | €159,585 | -€749,398 | -82.4% |
| Amounts receivable within one year | 40/41 | €467,276 | €147,216 | -€320,060 | -68.5% |
| Trade receivables | 40 | €283,665 | €128,468 | -€155,197 | -54.7% |
| Other amounts receivable | 41 | €183,611 | €18,748 | -€164,863 | -89.8% |
| Cash at bank and in hand | 54/58 | €58,026 | €8,489 | -€49,538 | -85.4% |
| Deferred charges and accrued income | 490/1 | €383,681 | €3,880 | -€379,800 | -99.0% |
| Total equity and liabilities | 10/49 | €908,982 | €159,585 | -€749,398 | -82.4% |
| Equity | 10/15 | €34,117 | -€189,763 | -€223,880 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,517 | €15,517 | = | 0.0% |
| Distributable reserves | 133 | €15,517 | €15,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€223,880 | -€223,880 | |
| Amounts payable | 17/49 | €874,865 | €349,348 | -€525,517 | -60.1% |
| Amounts payable within one year | 42/48 | €874,865 | €349,348 | -€525,517 | -60.1% |
| Trade debts | 44 | €25,003 | €240,194 | +€215,191 | +861% |
| Suppliers | 440/4 | €25,003 | €240,194 | +€215,191 | +861% |
| Taxes, remuneration and social security | 45 | €21,491 | €19,057 | -€2,434 | -11.3% |
| Taxes | 450/3 | €237 | €577 | +€340 | +144% |
| Remuneration and social security | 454/9 | €21,255 | €18,480 | -€2,775 | -13.1% |
| Other amounts payable | 47/48 | €828,370 | €90,096 | -€738,274 | -89.1% |
| Remuneration, social security and pensions | 62 | €134,625 | €148,653 | +€14,028 | +10.4% |
| Other operating charges | 640/8 | €513 | €2,471 | +€1,958 | +381% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €121,047 | -€70,850 | -€191,896 | |
| Operating profit (loss) | 9901 | -€14,092 | -€221,974 | -€207,882 | -1,475% |
| Financial income | 75/76B | €112 | €6 | -€106 | -94.9% |
| Recurring financial income | 75 | €112 | €6 | -€106 | -94.9% |
| Financial charges | 65/66B | €28,144 | €1,335 | -€26,809 | -95.3% |
| Recurring financial charges | 65 | €28,144 | €1,335 | -€26,809 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,124 | -€223,304 | -€181,180 | -430% |
| Income taxes | 67/77 | €237 | €577 | +€340 | +144% |
| Profit (loss) for the period | 9904 | -€42,361 | -€223,880 | -€181,520 | -429% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,361 | -€223,880 | -€181,520 | -429% |
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 30 October 2026 via checked.be.