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 +€73,757
up €73,757 (+99.3%), from €74,255 to €148,012
mainly Net result for the year (+€38,297) and Tax, wage and social debts (+€18,896)
- Tangible fixed assets -€4,905
down €4,905 (-38.8%), from €12,653 to €7,748
of which Furniture and vehicles: -€4,494
- Receivables within one year -€1,809
down €1,809 (-23.8%), from €7,599 to €5,790
of which Trade receivables: -€1,757
- Reserves +€37,437
up €37,437 (+59.5%), from €62,921 to €100,358
- Tax, wage and social debts +€18,896
up €18,896 (+75.7%), from €24,953 to €43,849
of which Taxes: +€18,896
- Other debts +€10,503
up €10,503 (+1312.9%), from €800 to €11,303
- Gross operating margin -€9,030
down €9,030 (-12.7%), from €70,939 to €61,909
- Taxes -€2,742
down €2,742 (-14.3%), from €19,191 to €16,450
- Other operating charges +€1,515
up €1,515 (+255.8%), from €592 to €2,107
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 | €94,702 | €161,604 | +€66,903 | +70.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €12,653 | €7,748 | -€4,905 | -38.8% |
| Tangible fixed assets | 22/27 | €12,653 | €7,748 | -€4,905 | -38.8% |
| Furniture and vehicles | 24 | €8,564 | €4,070 | -€4,494 | -52.5% |
| Other tangible fixed assets | 26 | €4,089 | €3,678 | -€411 | -10.1% |
| Current assets | 29/58 | €82,049 | €153,856 | +€71,808 | +87.5% |
| Amounts receivable within one year | 40/41 | €7,599 | €5,790 | -€1,809 | -23.8% |
| Trade receivables | 40 | €7,547 | €5,790 | -€1,757 | -23.3% |
| Other amounts receivable | 41 | €53 | €0 | -€53 | -100.0% |
| Cash at bank and in hand | 54/58 | €74,255 | €148,012 | +€73,757 | +99.3% |
| Deferred charges and accrued income | 490/1 | €195 | €55 | -€140 | -72.0% |
| Total equity and liabilities | 10/49 | €94,702 | €161,604 | +€66,903 | +70.6% |
| Equity | 10/15 | €65,921 | €103,358 | +€37,437 | +56.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,921 | €100,358 | +€37,437 | +59.5% |
| Distributable reserves | 133 | €62,921 | €100,358 | +€37,437 | +59.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,781 | €58,247 | +€29,465 | +102.4% |
| Amounts payable within one year | 42/48 | €28,781 | €58,247 | +€29,465 | +102.4% |
| Trade debts | 44 | €3,028 | €3,094 | +€66 | +2.2% |
| Suppliers | 440/4 | €3,028 | €3,094 | +€66 | +2.2% |
| Taxes, remuneration and social security | 45 | €24,953 | €43,849 | +€18,896 | +75.7% |
| Taxes | 450/3 | €24,953 | €43,849 | +€18,896 | +75.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €800 | €11,303 | +€10,503 | +1312.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,885 | €4,905 | +€20 | +0.4% |
| Other operating charges | 640/8 | €592 | €2,107 | +€1,515 | +255.8% |
| Gross operating margin | 9900 | €70,939 | €61,909 | -€9,030 | -12.7% |
| Operating profit (loss) | 9901 | €65,462 | €54,897 | -€10,565 | -16.1% |
| Financial income | 75/76B | €12 | €75 | +€63 | +534.1% |
| Recurring financial income | 75 | €12 | €75 | +€63 | +534.1% |
| Financial charges | 65/66B | €78 | €225 | +€147 | +189.5% |
| Recurring financial charges | 65 | €78 | €225 | +€147 | +189.5% |
| Profit (loss) for the period before taxes | 9903 | €65,396 | €54,747 | -€10,649 | -16.3% |
| Income taxes | 67/77 | €19,191 | €16,450 | -€2,742 | -14.3% |
| Profit (loss) for the period | 9904 | €46,205 | €38,297 | -€7,908 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,205 | €38,297 | -€7,908 | -17.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.