MR PARTNERS: 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 PARTNERS
Largest movements
- Cash +€28,020
up €28,020 (+60.3%), from €46,445 to €74,465
mainly Net result for the year (+€25,185) and Tax, wage and social debts (+€16,054)
- Receivables within one year +€13,733
up €13,733 (+43.0%), from €31,919 to €45,652
of which Trade receivables: +€13,508
- Reserves +€23,519
up €23,519 (+46.4%), from €50,724 to €74,242
- Tax, wage and social debts +€16,054
up €16,054 (+101%), from €15,819 to €31,873
of which Taxes: +€11,572
- Trade debts +€2,002
up €2,002 (+780%), from €257 to €2,258
- Staff costs +€26,123
new in 2025: €26,123
- Gross operating margin +€11,956
up €11,956 (+23.9%), from €50,029 to €61,985
- Taxes -€2,400
down €2,400 (-25.4%), from €9,461 to €7,062
- Depreciation +€692
up €692 (+34.9%), from €1,984 to €2,676
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 | €88,011 | €130,225 | +€42,214 | +48.0% |
| Fixed assets | 21/28 | €9,593 | €9,571 | -€23 | -0.2% |
| Tangible fixed assets | 22/27 | €6,568 | €6,546 | -€23 | -0.3% |
| Furniture and vehicles | 24 | €5,600 | €5,812 | +€212 | +3.8% |
| Other tangible fixed assets | 26 | €968 | €734 | -€234 | -24.2% |
| Financial fixed assets | 28 | €3,025 | €3,025 | = | 0.0% |
| Current assets | 29/58 | €78,417 | €120,654 | +€42,237 | +53.9% |
| Amounts receivable within one year | 40/41 | €31,919 | €45,652 | +€13,733 | +43.0% |
| Trade receivables | 40 | €31,797 | €45,305 | +€13,508 | +42.5% |
| Other amounts receivable | 41 | €122 | €347 | +€225 | +184% |
| Cash at bank and in hand | 54/58 | €46,445 | €74,465 | +€28,020 | +60.3% |
| Deferred charges and accrued income | 490/1 | €54 | €538 | +€484 | +903% |
| Total equity and liabilities | 10/49 | €88,011 | €130,225 | +€42,214 | +48.0% |
| Equity | 10/15 | €70,724 | €94,242 | +€23,519 | +33.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,724 | €74,242 | +€23,519 | +46.4% |
| Distributable reserves | 133 | €50,724 | €74,242 | +€23,519 | +46.4% |
| Amounts payable | 17/49 | €17,287 | €35,982 | +€18,695 | +108% |
| Amounts payable within one year | 42/48 | €17,287 | €35,982 | +€18,695 | +108% |
| Trade debts | 44 | €257 | €2,258 | +€2,002 | +780% |
| Suppliers | 440/4 | €257 | €2,258 | +€2,002 | +780% |
| Taxes, remuneration and social security | 45 | €15,819 | €31,873 | +€16,054 | +101% |
| Taxes | 450/3 | €15,819 | €27,391 | +€11,572 | +73.2% |
| Remuneration and social security | 454/9 | - | €4,482 | +€4,482 | |
| Other amounts payable | 47/48 | €1,211 | €1,851 | +€639 | +52.8% |
| Remuneration, social security and pensions | 62 | - | €26,123 | +€26,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,984 | €2,676 | +€692 | +34.9% |
| Other operating charges | 640/8 | €64 | €611 | +€547 | +858% |
| Non-recurring operating charges | 66A | - | €21 | +€21 | |
| Gross operating margin | 9900 | €50,029 | €61,985 | +€11,956 | +23.9% |
| Operating profit (loss) | 9901 | €47,981 | €32,554 | -€15,427 | -32.2% |
| Financial charges | 65/66B | €168 | €307 | +€139 | +82.7% |
| Recurring financial charges | 65 | €163 | €307 | +€144 | +88.6% |
| Non-recurring financial charges | 66B | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €47,813 | €32,246 | -€15,566 | -32.6% |
| Income taxes | 67/77 | €9,461 | €7,062 | -€2,400 | -25.4% |
| Profit (loss) for the period | 9904 | €38,352 | €25,185 | -€13,167 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,352 | €25,185 | -€13,167 | -34.3% |
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 24 October 2026 via checked.be.