MRB-Bâtiment: 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.
MRB-Bâtiment
Largest movements
- Tangible fixed assets -€23,608
down €23,608 (-13.5%), from €175,247 to €151,639
- Receivables within one year +€19,933
up €19,933 (+20.3%), from €98,363 to €118,296
of which Trade receivables: +€28,294
- Cash +€16,652
up €16,652 (+27.6%), from €60,413 to €77,065
mainly Net result for the year (+€62,309) and Depreciation (+€29,746)
- Reserves +€60,000
up €60,000 (+171%), from €35,000 to €95,000
- Trade debts -€38,004
down €38,004 (-88.3%), from €43,056 to €5,051
- Debts after one year -€16,824
down €16,824 (-72.9%), from €23,071 to €6,248
- Tax, wage and social debts +€9,906
up €9,906 (+31.0%), from €31,967 to €41,873
of which Taxes: +€8,032
- Gross operating margin +€38,277
up €38,277 (+44.4%), from €86,177 to €124,454
- Taxes +€14,235
up €14,235 (+100%), from €14,197 to €28,432
- Depreciation -€3,454
down €3,454 (-10.4%), from €33,200 to €29,746
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 | €383,267 | €398,427 | +€15,159 | +4.0% |
| Fixed assets | 21/28 | €175,247 | €151,639 | -€23,608 | -13.5% |
| Tangible fixed assets | 22/27 | €175,247 | €151,639 | -€23,608 | -13.5% |
| Land and buildings | 22 | €116,897 | €105,340 | -€11,557 | -9.9% |
| Plant, machinery and equipment | 23 | €9,170 | €6,640 | -€2,530 | -27.6% |
| Furniture and vehicles | 24 | €49,180 | €39,659 | -€9,521 | -19.4% |
| Current assets | 29/58 | €208,020 | €246,787 | +€38,768 | +18.6% |
| Amounts receivable within one year | 40/41 | €98,363 | €118,296 | +€19,933 | +20.3% |
| Trade receivables | 40 | €90,002 | €118,296 | +€28,294 | +31.4% |
| Other amounts receivable | 41 | €8,361 | - | -€8,361 | |
| Cash at bank and in hand | 54/58 | €60,413 | €77,065 | +€16,652 | +27.6% |
| Deferred charges and accrued income | 490/1 | €49,244 | €51,426 | +€2,182 | +4.4% |
| Total equity and liabilities | 10/49 | €383,267 | €398,427 | +€15,159 | +4.0% |
| Equity | 10/15 | €205,013 | €267,323 | +€62,309 | +30.4% |
| Contributions | 10/11 | €8,110 | €8,110 | = | 0.0% |
| Contributions outside capital | 11 | €8,110 | €8,110 | = | 0.0% |
| Other | 1109/19 | €8,110 | €8,110 | = | 0.0% |
| Reserves | 13 | €35,000 | €95,000 | +€60,000 | +171% |
| Distributable reserves | 133 | €35,000 | €95,000 | +€60,000 | +171% |
| Profit (loss) carried forward | 14 | €161,903 | €164,213 | +€2,309 | +1.4% |
| Amounts payable | 17/49 | €178,254 | €131,104 | -€47,150 | -26.5% |
| Amounts payable after more than one year | 17 | €23,071 | €6,248 | -€16,824 | -72.9% |
| Financial debts | 170/4 | €23,071 | €6,248 | -€16,824 | -72.9% |
| Amounts payable within one year | 42/48 | €155,183 | €124,836 | -€30,347 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €17,772 | €16,824 | -€948 | -5.3% |
| Trade debts | 44 | €43,056 | €5,051 | -€38,004 | -88.3% |
| Suppliers | 440/4 | €43,056 | €5,051 | -€38,004 | -88.3% |
| Taxes, remuneration and social security | 45 | €31,967 | €41,873 | +€9,906 | +31.0% |
| Taxes | 450/3 | €21,078 | €29,110 | +€8,032 | +38.1% |
| Remuneration and social security | 454/9 | €10,889 | €12,763 | +€1,874 | +17.2% |
| Other amounts payable | 47/48 | €62,388 | €61,087 | -€1,301 | -2.1% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,200 | €29,746 | -€3,454 | -10.4% |
| Other operating charges | 640/8 | €2,338 | €2,281 | -€56 | -2.4% |
| Gross operating margin | 9900 | €86,177 | €124,454 | +€38,277 | +44.4% |
| Operating profit (loss) | 9901 | €50,639 | €92,426 | +€41,788 | +82.5% |
| Financial income | 75/76B | €450 | €582 | +€132 | +29.4% |
| Recurring financial income | 75 | €450 | €582 | +€132 | +29.4% |
| Financial charges | 65/66B | €1,414 | €2,266 | +€852 | +60.2% |
| Recurring financial charges | 65 | €1,414 | €2,266 | +€852 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €49,674 | €90,741 | +€41,068 | +82.7% |
| Income taxes | 67/77 | €14,197 | €28,432 | +€14,235 | +100% |
| Profit (loss) for the period | 9904 | €35,476 | €62,309 | +€26,833 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,476 | €62,309 | +€26,833 | +75.6% |
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 25 October 2026 via checked.be.