MV AUTOMOBILE: 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.
MV AUTOMOBILE
Largest movements
- Tangible fixed assets -€168,033
down €168,033 (-100%), from €168,033 to €0
of which Furniture and vehicles: -€168,033
- Stocks and contracts +€135,146
up €135,146 (+34.7%), from €389,469 to €524,616
- Receivables within one year +€91,961
up €91,961 (+396%), from €23,235 to €115,196
of which Trade receivables: +€94,027
- Cash +€67,981
up €67,981 (+31.2%), from €218,007 to €285,988
mainly Net result for the year (+€333,364) and Investment in fixed assets (net) (+€168,033)
- Reserves +€333,364
up €333,364 (+67.8%), from €492,049 to €825,413
- Other debts -€209,236
down €209,236 (-99.9%), from €209,449 to €213
- Trade debts -€25,096
down €25,096 (-83.2%), from €30,151 to €5,055
- Tax, wage and social debts +€23,187
up €23,187 (+88.5%), from €26,207 to €49,394
of which Taxes: +€20,317
- Purchases and services +€298,065
up €298,065 (+10.1%), from €2.9m to €3.2m
- Gross operating margin +€162,090
up €162,090 (+45.4%), from €357,386 to €519,477
- Taxes +€64,194
up €64,194 (+75.8%), from €84,729 to €148,923
- Depreciation -€13,798
down €13,798 (-100%), from €13,798 to €0
- Staff costs -€10,322
down €10,322 (-23.1%), from €44,776 to €34,454
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 | €823,886 | €946,105 | +€122,218 | +14.8% |
| Fixed assets | 21/28 | €171,906 | €3,874 | -€168,033 | -97.7% |
| Tangible fixed assets | 22/27 | €168,033 | €0 | -€168,033 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €168,033 | €0 | -€168,033 | -100% |
| Financial fixed assets | 28 | €3,874 | €3,874 | = | 0.0% |
| Current assets | 29/58 | €651,980 | €942,231 | +€290,251 | +44.5% |
| Stocks and contracts in progress | 3 | €389,469 | €524,616 | +€135,146 | +34.7% |
| Stocks | 30/36 | €389,469 | €524,616 | +€135,146 | +34.7% |
| Amounts receivable within one year | 40/41 | €23,235 | €115,196 | +€91,961 | +396% |
| Trade receivables | 40 | €8,066 | €102,093 | +€94,027 | +1,166% |
| Other amounts receivable | 41 | €15,169 | €13,103 | -€2,066 | -13.6% |
| Cash at bank and in hand | 54/58 | €218,007 | €285,988 | +€67,981 | +31.2% |
| Deferred charges and accrued income | 490/1 | €21,269 | €16,431 | -€4,837 | -22.7% |
| Total equity and liabilities | 10/49 | €823,886 | €946,105 | +€122,218 | +14.8% |
| Equity | 10/15 | €558,078 | €891,442 | +€333,364 | +59.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €492,049 | €825,413 | +€333,364 | +67.8% |
| Distributable reserves | 133 | €492,049 | €825,413 | +€333,364 | +67.8% |
| Profit (loss) carried forward | 14 | €56,029 | €56,029 | = | 0.0% |
| Amounts payable | 17/49 | €265,808 | €54,663 | -€211,145 | -79.4% |
| Amounts payable within one year | 42/48 | €265,808 | €54,663 | -€211,145 | -79.4% |
| Trade debts | 44 | €30,151 | €5,055 | -€25,096 | -83.2% |
| Suppliers | 440/4 | €30,151 | €5,055 | -€25,096 | -83.2% |
| Taxes, remuneration and social security | 45 | €26,207 | €49,394 | +€23,187 | +88.5% |
| Taxes | 450/3 | €19,579 | €39,897 | +€20,317 | +104% |
| Remuneration and social security | 454/9 | €6,628 | €9,498 | +€2,870 | +43.3% |
| Other amounts payable | 47/48 | €209,449 | €213 | -€209,236 | -99.9% |
| Non-recurring operating income | 76A | - | €30,027 | +€30,027 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,940,537 | €3,238,603 | +€298,065 | +10.1% |
| Remuneration, social security and pensions | 62 | €44,776 | €34,454 | -€10,322 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,798 | €0 | -€13,798 | -100% |
| Other operating charges | 640/8 | €1,944 | €2,504 | +€560 | +28.8% |
| Non-recurring operating charges | 66A | €15,618 | €0 | -€15,618 | -100% |
| Gross operating margin | 9900 | €357,386 | €519,477 | +€162,090 | +45.4% |
| Operating profit (loss) | 9901 | €281,249 | €482,519 | +€201,269 | +71.6% |
| Financial income | 75/76B | €600 | €450 | -€151 | -25.1% |
| Recurring financial income | 75 | €600 | €450 | -€151 | -25.1% |
| Financial charges | 65/66B | €1,326 | €681 | -€645 | -48.6% |
| Recurring financial charges | 65 | €1,326 | €681 | -€645 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €280,524 | €482,287 | +€201,763 | +71.9% |
| Income taxes | 67/77 | €84,729 | €148,923 | +€64,194 | +75.8% |
| Profit (loss) for the period | 9904 | €195,795 | €333,364 | +€137,569 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €195,795 | €333,364 | +€137,569 | +70.3% |
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 21 October 2026 via checked.be.