MRX CONSULT: 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.
MRX CONSULT
Largest movements
- Receivables within one year +€113,031
up €113,031 (+457%), from €24,712 to €137,744
of which Other amounts receivable: +€99,677
- Cash -€17,280
down €17,280 (-93.6%), from €18,462 to €1,182
mainly Receivables within one year (-€113,031) and Investment in fixed assets (net) (-€25,821)
- Tangible fixed assets +€9,452
up €9,452 (+37.4%), from €25,272 to €34,724
of which Furniture and vehicles: +€9,944
- Receivables after one year -€7,128
down €7,128 (-4.1%), from €174,806 to €167,678
- Reserves +€59,324
up €59,324 (+647%), from €9,175 to €68,499
- Tax, wage and social debts +€25,302
up €25,302 (+242%), from €10,444 to €35,745
of which Taxes: +€25,157
- Trade debts +€22,298
up €22,298 (+410%), from €5,441 to €27,739
- Current portion of long-term debt -€9,794
no longer reported in 2025 (was €9,794)
- Gross operating margin +€82,760
up €82,760 (+203%), from €40,778 to €123,538
- Taxes +€29,394
up €29,394 (+442%), from €6,647 to €36,041
- Depreciation +€4,099
up €4,099 (+33.4%), from €12,270 to €16,369
- Financial income +€2,577
up €2,577 (+46.7%), from €5,516 to €8,094
- Staff costs +€1,696
up €1,696 (+9.9%), from €17,157 to €18,853
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 | €252,819 | €352,949 | +€100,129 | +39.6% |
| Fixed assets | 21/28 | €25,321 | €34,774 | +€9,452 | +37.3% |
| Tangible fixed assets | 22/27 | €25,272 | €34,724 | +€9,452 | +37.4% |
| Plant, machinery and equipment | 23 | €1,049 | €557 | -€491 | -46.9% |
| Furniture and vehicles | 24 | €24,223 | €34,167 | +€9,944 | +41.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €227,498 | €318,175 | +€90,677 | +39.9% |
| Amounts receivable after more than one year | 29 | €174,806 | €167,678 | -€7,128 | -4.1% |
| Other amounts receivable | 291 | €174,806 | €167,678 | -€7,128 | -4.1% |
| Stocks and contracts in progress | 3 | €8,408 | €10,648 | +€2,240 | +26.6% |
| Stocks | 30/36 | €8,408 | €10,648 | +€2,240 | +26.6% |
| Amounts receivable within one year | 40/41 | €24,712 | €137,744 | +€113,031 | +457% |
| Trade receivables | 40 | €3,679 | €17,034 | +€13,355 | +363% |
| Other amounts receivable | 41 | €21,033 | €120,710 | +€99,677 | +474% |
| Cash at bank and in hand | 54/58 | €18,462 | €1,182 | -€17,280 | -93.6% |
| Deferred charges and accrued income | 490/1 | €1,110 | €923 | -€187 | -16.8% |
| Total equity and liabilities | 10/49 | €252,819 | €352,949 | +€100,129 | +39.6% |
| Equity | 10/15 | €177,141 | €236,464 | +€59,324 | +33.5% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €9,175 | €68,499 | +€59,324 | +647% |
| Distributable reserves | 133 | €9,175 | €68,499 | +€59,324 | +647% |
| Profit (loss) carried forward | 14 | €153,706 | €153,706 | = | 0.0% |
| Amounts payable | 17/49 | €75,679 | €116,484 | +€40,806 | +53.9% |
| Amounts payable within one year | 42/48 | €75,679 | €113,484 | +€37,806 | +50.0% |
| Current portion of amounts payable after more than one year | 42 | €9,794 | - | -€9,794 | |
| Trade debts | 44 | €5,441 | €27,739 | +€22,298 | +410% |
| Suppliers | 440/4 | €5,441 | €27,739 | +€22,298 | +410% |
| Taxes, remuneration and social security | 45 | €10,444 | €35,745 | +€25,302 | +242% |
| Taxes | 450/3 | €6,774 | €31,931 | +€25,157 | +371% |
| Remuneration and social security | 454/9 | €3,670 | €3,815 | +€145 | +3.9% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €17,157 | €18,853 | +€1,696 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,270 | €16,369 | +€4,099 | +33.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €40,778 | €123,538 | +€82,760 | +203% |
| Operating profit (loss) | 9901 | €10,964 | €87,917 | +€76,953 | +702% |
| Financial income | 75/76B | €5,516 | €8,094 | +€2,577 | +46.7% |
| Recurring financial income | 75 | €5,516 | €8,094 | +€2,577 | +46.7% |
| Financial charges | 65/66B | €658 | €646 | -€12 | -1.8% |
| Recurring financial charges | 65 | €658 | €646 | -€12 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €15,822 | €95,365 | +€79,543 | +503% |
| Income taxes | 67/77 | €6,647 | €36,041 | +€29,394 | +442% |
| Profit (loss) for the period | 9904 | €9,175 | €59,324 | +€50,149 | +547% |
| Profit (loss) for the period to be appropriated | 9905 | €9,175 | €59,324 | +€50,149 | +547% |
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 21 October 2026 via checked.be.