MV-Gestion: 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-Gestion
Largest movements
- Current investments +€250,000
up €250,000 (+250.0%), from €100,000 to €350,000
- Receivables within one year -€151,517
down €151,517 (-100.0%), from €151,517 to €0
of which Trade receivables: -€151,315
- Cash -€8,673
down €8,673 (-8.3%), from €104,728 to €96,055
mainly Current investments (-€250,000) and Tax, wage and social debts (-€84,553)
- Profit (loss) carried forward +€176,162
up €176,162 (+80.3%), from €219,244 to €395,406
- Tax, wage and social debts -€84,553
down €84,553 (-62.7%), from €134,917 to €50,364
of which Taxes: -€80,053
- Gross operating margin -€61,189
down €61,189 (-21.4%), from €285,642 to €224,454
- Taxes -€13,547
down €13,547 (-20.4%), from €66,415 to €52,867
- Financial income +€4,741
up €4,741 (+1018.8%), from €465 to €5,206
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 | €356,661 | €448,526 | +€91,864 | +25.8% |
| Current assets | 29/58 | €356,661 | €448,526 | +€91,864 | +25.8% |
| Amounts receivable within one year | 40/41 | €151,517 | €0 | -€151,517 | -100.0% |
| Trade receivables | 40 | €151,315 | €0 | -€151,315 | -100.0% |
| Other amounts receivable | 41 | €202 | €0 | -€202 | -100.0% |
| Current investments | 50/53 | €100,000 | €350,000 | +€250,000 | +250.0% |
| Cash at bank and in hand | 54/58 | €104,728 | €96,055 | -€8,673 | -8.3% |
| Deferred charges and accrued income | 490/1 | €417 | €2,471 | +€2,054 | +493.0% |
| Total equity and liabilities | 10/49 | €356,661 | €448,526 | +€91,864 | +25.8% |
| Equity | 10/15 | €221,244 | €397,406 | +€176,162 | +79.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,244 | €395,406 | +€176,162 | +80.3% |
| Amounts payable | 17/49 | €135,417 | €51,120 | -€84,298 | -62.3% |
| Amounts payable within one year | 42/48 | €135,417 | €51,120 | -€84,298 | -62.3% |
| Trade debts | 44 | - | €256 | +€256 | |
| Suppliers | 440/4 | - | €256 | +€256 | |
| Taxes, remuneration and social security | 45 | €134,917 | €50,364 | -€84,553 | -62.7% |
| Taxes | 450/3 | €130,417 | €50,364 | -€80,053 | -61.4% |
| Remuneration and social security | 454/9 | €4,500 | €0 | -€4,500 | -100.0% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €437 | €516 | +€78 | +17.9% |
| Gross operating margin | 9900 | €285,642 | €224,454 | -€61,189 | -21.4% |
| Operating profit (loss) | 9901 | €285,205 | €223,938 | -€61,267 | -21.5% |
| Financial income | 75/76B | €465 | €5,206 | +€4,741 | +1018.8% |
| Recurring financial income | 75 | €465 | €5,206 | +€4,741 | +1018.8% |
| Financial charges | 65/66B | €12 | €115 | +€103 | +878.2% |
| Recurring financial charges | 65 | €12 | €115 | +€103 | +878.2% |
| Profit (loss) for the period before taxes | 9903 | €285,659 | €229,029 | -€56,629 | -19.8% |
| Income taxes | 67/77 | €66,415 | €52,867 | -€13,547 | -20.4% |
| Profit (loss) for the period | 9904 | €219,244 | €176,162 | -€43,082 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €219,244 | €176,162 | -€43,082 | -19.7% |
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 2 October 2026 via checked.be.