MV CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Tangible fixed assets +€21,930
new in 2025: €21,930
- Receivables within one year +€21,758
up €21,758 (+72.9%), from €29,848 to €51,607
of which Trade receivables: +€21,595
- Cash +€5,677
up €5,677 (+324.7%), from €1,749 to €7,426
mainly Other debts (+€27,216) and Net result for the year (+€15,210)
- Other debts +€27,216
up €27,216 (+65.3%), from €41,681 to €68,898
- Profit (loss) carried forward +€15,210
up €15,210 (+57.2%), from -€26,609 to -€11,399
- Trade debts +€7,026
up €7,026 (+64.1%), from €10,964 to €17,990
- Gross operating margin +€44,923
up €44,923, from -€23,140 to €21,783
- Depreciation +€2,192
up €2,192 (+86.9%), from €2,524 to €4,716
- Other operating charges +€825
up €825 (+109.8%), from €752 to €1,577
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.
Cash bridge derived
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 | €31,597 | €80,963 | +€49,366 | +156.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €21,930 | +€21,930 | |
| Tangible fixed assets | 22/27 | - | €21,930 | +€21,930 | |
| Furniture and vehicles | 24 | - | €21,930 | +€21,930 | |
| Current assets | 29/58 | €31,597 | €59,033 | +€27,436 | +86.8% |
| Amounts receivable within one year | 40/41 | €29,848 | €51,607 | +€21,758 | +72.9% |
| Trade receivables | 40 | €26,501 | €48,096 | +€21,595 | +81.5% |
| Other amounts receivable | 41 | €3,347 | €3,510 | +€163 | +4.9% |
| Cash at bank and in hand | 54/58 | €1,749 | €7,426 | +€5,677 | +324.7% |
| Total equity and liabilities | 10/49 | €31,597 | €80,963 | +€49,366 | +156.2% |
| Equity | 10/15 | -€21,609 | -€6,399 | +€15,210 | +70.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,609 | -€11,399 | +€15,210 | +57.2% |
| Amounts payable | 17/49 | €53,206 | €87,361 | +€34,156 | +64.2% |
| Amounts payable within one year | 42/48 | €53,206 | €87,361 | +€34,156 | +64.2% |
| Trade debts | 44 | €10,964 | €17,990 | +€7,026 | +64.1% |
| Suppliers | 440/4 | €10,964 | €17,990 | +€7,026 | +64.1% |
| Taxes, remuneration and social security | 45 | €560 | €474 | -€86 | -15.3% |
| Taxes | 450/3 | €560 | €474 | -€86 | -15.3% |
| Other amounts payable | 47/48 | €41,681 | €68,898 | +€27,216 | +65.3% |
| Remuneration, social security and pensions | 62 | €51 | €96 | +€45 | +87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,524 | €4,716 | +€2,192 | +86.9% |
| Other operating charges | 640/8 | €752 | €1,577 | +€825 | +109.8% |
| Gross operating margin | 9900 | -€23,140 | €21,783 | +€44,923 | |
| Operating profit (loss) | 9901 | -€26,466 | €15,394 | +€41,860 | |
| Financial charges | 65/66B | €142 | €184 | +€41 | +29.1% |
| Recurring financial charges | 65 | €142 | €184 | +€41 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,609 | €15,210 | +€41,819 | |
| Profit (loss) for the period | 9904 | -€26,609 | €15,210 | +€41,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,609 | €15,210 | +€41,819 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.