MV IT Consultancy: 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.
MV IT Consultancy
Largest movements
- Cash +€13,374
up €13,374 (+27.4%), from €48,805 to €62,179
mainly Net result for the year (+€18,305) and Depreciation (+€1,731)
- Deferred charges and accrued income +€2,168
up €2,168 (+1376.7%), from €158 to €2,326
- Tangible fixed assets +€1,599
up €1,599 (+46.1%), from €3,469 to €5,068
of which Plant, machinery and equipment: +€5,068
- Receivables within one year +€896
up €896 (+7.2%), from €12,457 to €13,353
of which Other amounts receivable: +€983
- Reserves +€18,305
up €18,305 (+31.0%), from €58,997 to €77,302
- Gross operating margin -€18,127
down €18,127 (-37.9%), from €47,862 to €29,735
- Taxes -€3,028
down €3,028 (-32.8%), from €9,240 to €6,212
- Other operating charges -€1,455
down €1,455 (-78.1%), from €1,862 to €407
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 | €65,114 | €83,151 | +€18,037 | +27.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,694 | €5,293 | +€1,599 | +43.3% |
| Tangible fixed assets | 22/27 | €3,469 | €5,068 | +€1,599 | +46.1% |
| Plant, machinery and equipment | 23 | - | €5,068 | +€5,068 | |
| Furniture and vehicles | 24 | €3,469 | - | -€3,469 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €61,420 | €77,858 | +€16,438 | +26.8% |
| Amounts receivable within one year | 40/41 | €12,457 | €13,353 | +€896 | +7.2% |
| Trade receivables | 40 | €12,457 | €12,369 | -€88 | -0.7% |
| Other amounts receivable | 41 | €0 | €983 | +€983 | |
| Cash at bank and in hand | 54/58 | €48,805 | €62,179 | +€13,374 | +27.4% |
| Deferred charges and accrued income | 490/1 | €158 | €2,326 | +€2,168 | +1376.7% |
| Total equity and liabilities | 10/49 | €65,114 | €83,151 | +€18,037 | +27.7% |
| Equity | 10/15 | €59,997 | €78,302 | +€18,305 | +30.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,997 | €77,302 | +€18,305 | +31.0% |
| Distributable reserves | 133 | €58,997 | €77,302 | +€18,305 | +31.0% |
| Amounts payable | 17/49 | €5,117 | €4,849 | -€268 | -5.2% |
| Amounts payable within one year | 42/48 | €5,117 | €4,849 | -€268 | -5.2% |
| Trade debts | 44 | €994 | €366 | -€628 | -63.2% |
| Suppliers | 440/4 | €994 | €366 | -€628 | -63.2% |
| Taxes, remuneration and social security | 45 | €4,123 | €4,483 | +€360 | +8.7% |
| Taxes | 450/3 | €4,123 | €4,483 | +€360 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,770 | €1,731 | -€39 | -2.2% |
| Other operating charges | 640/8 | €1,862 | €407 | -€1,455 | -78.1% |
| Gross operating margin | 9900 | €47,862 | €29,735 | -€18,127 | -37.9% |
| Operating profit (loss) | 9901 | €44,230 | €27,597 | -€16,633 | -37.6% |
| Financial income | 75/76B | €1 | €27 | +€25 | +1750.0% |
| Recurring financial income | 75 | €1 | €27 | +€25 | +1750.0% |
| Financial charges | 65/66B | €3,205 | €3,107 | -€98 | -3.1% |
| Recurring financial charges | 65 | €3,205 | €3,107 | -€98 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €41,026 | €24,517 | -€16,509 | -40.2% |
| Income taxes | 67/77 | €9,240 | €6,212 | -€3,028 | -32.8% |
| Profit (loss) for the period | 9904 | €31,786 | €18,305 | -€13,481 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,786 | €18,305 | -€13,481 | -42.4% |
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 12 October 2026 via checked.be.