MV INVEST: 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.
What changed
MV INVEST
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€287,071
2024 · €187,613+€99,458
Equity
€6.7m
2024 · €6.4m+€287,071
Cash
€63,375
2024 · €57,343+€6,032
Balance sheet total
€7.4m
2024 · €7.4m-€330
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€286,000
up €286,000 (+141%), from €202,350 to €488,350
of which Distributable reserves: +€286,000
- Other debts -€261,268
down €261,268 (-34.3%), from €761,951 to €500,683
Income statement
- Financial income +€76,258
up €76,258 (+61.0%), from €125,000 to €201,258
- Turnover +€35,000
up €35,000 (+11.8%), from €296,000 to €331,000
- Services and other goods +€17,575
up €17,575 (+13.3%), from €131,842 to €149,417
- Financial charges -€4,970
down €4,970 (-63.7%), from €7,799 to €2,829
- Taxes -€3,860
down €3,860 (-10.9%), from €35,467 to €31,607
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.
Result 2024
€187,613
Turnover
+€35,000
Other operating income
+€267
Services and other goods
-€17,575
Staff costs
-€574
Depreciation
-€2,058
Other operating charges
-€690
Financial income
+€76,258
Financial charges
+€4,970
Taxes
+€3,860
Result 2025
€287,071
raises the resultlowers the result
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.
From operations
+€51,811
Investment
-€1,046
Financing
-€44,733
Cash 2024
€57,343
From operations (derived)
+€51,811
Net result for the year
+€287,071
Depreciation
+€64,409
Receivables within one year
-€57,001
Trade debts
-€19,090
Tax, wage and social debts
+€37,690
Other debts
-€261,268
Investment (derived)
-€1,046
Investment in fixed assets (net)
-€1,046
Financing
-€44,733
Debts after one year
-€41,861
Current portion of long-term debt
-€2,873
Contributions, distributions and other
+€0
Cash 2025
€63,375
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,367,915 | €7,367,585 | -€330 | 0.0% |
| Fixed assets | 21/28 | €7,308,159 | €7,244,796 | -€63,363 | -0.9% |
| Tangible fixed assets | 22/27 | €773,089 | €709,727 | -€63,362 | -8.2% |
| Land and buildings | 22 | €759,681 | €698,038 | -€61,643 | -8.1% |
| Furniture and vehicles | 24 | €13,409 | €11,689 | -€1,720 | -12.8% |
| Financial fixed assets | 28 | €6,535,069 | €6,535,069 | -€0 | 0.0% |
| Affiliated companies | 280/1 | €6,535,000 | €6,535,000 | = | 0.0% |
| Participating interests | 280 | €6,535,000 | €6,535,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €69 | €69 | -€0 | -0.6% |
| Amounts receivable and cash guarantees | 285/8 | €69 | €69 | -€0 | -0.6% |
| Current assets | 29/58 | €59,757 | €122,789 | +€63,032 | +105% |
| Amounts receivable within one year | 40/41 | €2,413 | €59,414 | +€57,001 | +2,362% |
| Trade receivables | 40 | - | €25,410 | +€25,410 | |
| Other amounts receivable | 41 | €2,413 | €34,004 | +€31,591 | +1,309% |
| Cash at bank and in hand | 54/58 | €57,343 | €63,375 | +€6,032 | +10.5% |
| Total equity and liabilities | 10/49 | €7,367,915 | €7,367,585 | -€330 | 0.0% |
| Equity | 10/15 | €6,402,106 | €6,689,177 | +€287,071 | +4.5% |
| Contributions | 10/11 | €5,520,000 | €5,520,000 | = | 0.0% |
| Reserves | 13 | €202,350 | €488,350 | +€286,000 | +141% |
| Tax-exempt reserves | 132 | €147,350 | €147,350 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €341,000 | +€286,000 | +520% |
| Profit (loss) carried forward | 14 | €679,756 | €680,827 | +€1,071 | +0.2% |
| Amounts payable | 17/49 | €965,810 | €678,408 | -€287,402 | -29.8% |
| Amounts payable after more than one year | 17 | €127,864 | €86,003 | -€41,861 | -32.7% |
| Financial debts | 170/4 | €127,864 | €86,003 | -€41,861 | -32.7% |
| Credit institutions | 173 | €127,864 | €86,003 | -€41,861 | -32.7% |
| Amounts payable within one year | 42/48 | €837,946 | €592,405 | -€245,541 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €44,734 | €41,861 | -€2,873 | -6.4% |
| Trade debts | 44 | €26,446 | €7,356 | -€19,090 | -72.2% |
| Suppliers | 440/4 | €26,446 | €7,356 | -€19,090 | -72.2% |
| Taxes, remuneration and social security | 45 | €4,815 | €42,505 | +€37,690 | +783% |
| Taxes | 450/3 | €467 | €32,271 | +€31,804 | +6,815% |
| Remuneration and social security | 454/9 | €4,348 | €10,234 | +€5,886 | +135% |
| Other amounts payable | 47/48 | €761,951 | €500,683 | -€261,268 | -34.3% |
| Operating income | 70/76A | €332,624 | €367,891 | +€35,267 | +10.6% |
| Turnover | 70 | €296,000 | €331,000 | +€35,000 | +11.8% |
| Other operating income | 74 | €36,624 | €36,891 | +€267 | +0.7% |
| Operating charges | 60/66A | €226,745 | €247,642 | +€20,897 | +9.2% |
| Services and other goods | 61 | €131,842 | €149,417 | +€17,575 | +13.3% |
| Remuneration, social security and pensions | 62 | €30,122 | €30,696 | +€574 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,351 | €64,409 | +€2,058 | +3.3% |
| Other operating charges | 640/8 | €2,430 | €3,120 | +€690 | +28.4% |
| Operating profit (loss) | 9901 | €105,879 | €120,249 | +€14,370 | +13.6% |
| Financial income | 75/76B | €125,000 | €201,258 | +€76,258 | +61.0% |
| Recurring financial income | 75 | €125,000 | €201,258 | +€76,258 | +61.0% |
| Income from financial fixed assets | 750 | €125,000 | €201,258 | +€76,258 | +61.0% |
| Financial charges | 65/66B | €7,799 | €2,829 | -€4,970 | -63.7% |
| Recurring financial charges | 65 | €7,799 | €2,829 | -€4,970 | -63.7% |
| Debt charges | 650 | €7,569 | €2,829 | -€4,740 | -62.6% |
| Other financial charges | 652/9 | €231 | - | -€231 | |
| Profit (loss) for the period before taxes | 9903 | €223,080 | €318,678 | +€95,598 | +42.9% |
| Income taxes | 67/77 | €35,467 | €31,607 | -€3,860 | -10.9% |
| Taxes | 670/3 | €35,467 | €31,607 | -€3,860 | -10.9% |
| Profit (loss) for the period | 9904 | €187,613 | €287,071 | +€99,458 | +53.0% |
| Transfer to tax-exempt reserves | 689 | €147,350 | - | -€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,263 | €287,071 | +€246,808 | +613% |
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 26 October 2026 via checked.be.