MV CONSULT: 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 CONSULT
Largest movements
- Cash +€339,768
up €339,768 (+11354.7%), from €2,992 to €342,760
mainly Current portion of long-term debt (+€382,994) and Debts after one year (+€124,548)
- Receivables within one year +€334,802
up €334,802 (+51.3%), from €652,590 to €987,391
of which Other amounts receivable: +€258,107
- Deferred charges and accrued income -€18,739
down €18,739 (-43.1%), from €43,498 to €24,760
- Current portion of long-term debt +€382,994
new in 2025: €382,994
- Reserves -€132,000
down €132,000 (-23.7%), from €557,859 to €425,859
of which Distributable reserves: -€130,141
- Debts after one year +€124,548
new in 2025: €124,548
- Other debts +€116,918
up €116,918 (+568.1%), from €20,582 to €137,500
- Trade debts +€86,704
up €86,704 (+138.4%), from €62,660 to €149,364
- Gross operating margin +€65,358
up €65,358 (+426.0%), from €15,343 to €80,701
- Financial income -€11,650
down €11,650 (-100.0%), from €11,650 to €0
- Taxes +€9,582
up €9,582, from -€18 to €9,564
- Financial charges +€2,684
up €2,684 (+73.4%), from €3,658 to €6,342
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 | €730,530 | €1,373,626 | +€643,095 | +88.0% |
| Fixed assets | 21/28 | €31,450 | €18,715 | -€12,735 | -40.5% |
| Tangible fixed assets | 22/27 | €31,345 | €18,609 | -€12,735 | -40.6% |
| Plant, machinery and equipment | 23 | €3,986 | €5,477 | +€1,491 | +37.4% |
| Furniture and vehicles | 24 | €4,182 | €1,600 | -€2,582 | -61.7% |
| Other tangible fixed assets | 26 | €23,177 | €11,533 | -€11,644 | -50.2% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €699,080 | €1,354,911 | +€655,831 | +93.8% |
| Amounts receivable within one year | 40/41 | €652,590 | €987,391 | +€334,802 | +51.3% |
| Trade receivables | 40 | €100,611 | €177,305 | +€76,694 | +76.2% |
| Other amounts receivable | 41 | €551,979 | €810,086 | +€258,107 | +46.8% |
| Cash at bank and in hand | 54/58 | €2,992 | €342,760 | +€339,768 | +11354.7% |
| Deferred charges and accrued income | 490/1 | €43,498 | €24,760 | -€18,739 | -43.1% |
| Total equity and liabilities | 10/49 | €730,530 | €1,373,626 | +€643,095 | +88.0% |
| Equity | 10/15 | €540,149 | €455,915 | -€84,233 | -15.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €557,859 | €425,859 | -€132,000 | -23.7% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €556,000 | €425,859 | -€130,141 | -23.4% |
| Profit (loss) carried forward | 14 | -€36,303 | €11,464 | +€47,767 | |
| Provisions and deferred taxes | 16 | €107,140 | €107,140 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €107,140 | €107,140 | = | 0.0% |
| Pensions and similar obligations | 160 | €107,140 | €107,140 | = | 0.0% |
| Amounts payable | 17/49 | €83,242 | €810,571 | +€727,329 | +873.8% |
| Amounts payable after more than one year | 17 | - | €124,548 | +€124,548 | |
| Financial debts | 170/4 | - | €124,548 | +€124,548 | |
| Amounts payable within one year | 42/48 | €83,242 | €686,023 | +€602,781 | +724.1% |
| Current portion of amounts payable after more than one year | 42 | - | €382,994 | +€382,994 | |
| Trade debts | 44 | €62,660 | €149,364 | +€86,704 | +138.4% |
| Suppliers | 440/4 | €62,660 | €149,364 | +€86,704 | +138.4% |
| Taxes, remuneration and social security | 45 | €0 | €16,164 | +€16,164 | |
| Taxes | 450/3 | €0 | €16,164 | +€16,164 | |
| Other amounts payable | 47/48 | €20,582 | €137,500 | +€116,918 | +568.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,682 | €16,640 | -€42 | -0.3% |
| Other operating charges | 640/8 | €818 | €387 | -€431 | -52.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €15,343 | €80,701 | +€65,358 | +426.0% |
| Operating profit (loss) | 9901 | -€2,157 | €63,673 | +€65,830 | |
| Financial income | 75/76B | €11,650 | €0 | -€11,650 | -100.0% |
| Recurring financial income | 75 | €11,650 | €0 | -€11,650 | -100.0% |
| Financial charges | 65/66B | €3,658 | €6,342 | +€2,684 | +73.4% |
| Recurring financial charges | 65 | €3,658 | €6,342 | +€2,684 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €5,835 | €57,331 | +€51,496 | +882.6% |
| Income taxes | 67/77 | -€18 | €9,564 | +€9,582 | |
| Profit (loss) for the period | 9904 | €5,853 | €47,767 | +€41,914 | +716.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,853 | €47,767 | +€41,914 | +716.1% |
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 8 October 2026 via checked.be.