MV Parts: 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 Parts
Largest movements
- Receivables within one year +€264,483
up €264,483 (+176.1%), from €150,219 to €414,702
of which Trade receivables: +€237,774
- Intangible fixed assets +€139,822
up €139,822 (+177.4%), from €78,835 to €218,657
- Cash +€71,246
up €71,246 (+24.6%), from €289,511 to €360,757
mainly Net result for the year (+€386,161) and Advances received (+€312,310)
- Stocks and contracts +€59,757
up €59,757 (+13.2%), from €454,335 to €514,091
- Reserves -€313,839
down €313,839 (-59.7%), from €525,790 to €211,951
of which Distributable reserves: -€313,839
- Advances received +€312,310
up €312,310 (+348.1%), from €89,724 to €402,034
- Other debts +€300,000
new in 2025: €300,000
- Trade debts +€133,302
up €133,302 (+73.0%), from €182,523 to €315,825
- Tax, wage and social debts +€103,343
up €103,343 (+70.2%), from €147,249 to €250,592
of which Taxes: +€97,832
- Gross operating margin +€212,189
up €212,189 (+36.1%), from €587,948 to €800,136
- Taxes +€35,506
up €35,506 (+40.6%), from €87,507 to €123,012
- Depreciation +€31,805
up €31,805 (+172.0%), from €18,493 to €50,298
- Staff costs +€27,540
up €27,540 (+13.5%), from €204,506 to €232,046
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 | €1,006,786 | €1,541,902 | +€535,116 | +53.2% |
| Fixed assets | 21/28 | €110,307 | €249,534 | +€139,227 | +126.2% |
| Intangible fixed assets | 21 | €78,835 | €218,657 | +€139,822 | +177.4% |
| Tangible fixed assets | 22/27 | €31,472 | €30,877 | -€595 | -1.9% |
| Plant, machinery and equipment | 23 | €21,870 | €23,967 | +€2,097 | +9.6% |
| Furniture and vehicles | 24 | €9,603 | €6,911 | -€2,692 | -28.0% |
| Current assets | 29/58 | €896,479 | €1,292,368 | +€395,889 | +44.2% |
| Stocks and contracts in progress | 3 | €454,335 | €514,091 | +€59,757 | +13.2% |
| Stocks | 30/36 | €454,335 | €514,091 | +€59,757 | +13.2% |
| Amounts receivable within one year | 40/41 | €150,219 | €414,702 | +€264,483 | +176.1% |
| Trade receivables | 40 | €111,507 | €349,281 | +€237,774 | +213.2% |
| Other amounts receivable | 41 | €38,712 | €65,421 | +€26,709 | +69.0% |
| Cash at bank and in hand | 54/58 | €289,511 | €360,757 | +€71,246 | +24.6% |
| Deferred charges and accrued income | 490/1 | €2,414 | €2,817 | +€403 | +16.7% |
| Total equity and liabilities | 10/49 | €1,006,786 | €1,541,902 | +€535,116 | +53.2% |
| Equity | 10/15 | €587,290 | €273,451 | -€313,839 | -53.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €525,790 | €211,951 | -€313,839 | -59.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €519,640 | €205,801 | -€313,839 | -60.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €419,496 | €1,268,450 | +€848,954 | +202.4% |
| Amounts payable within one year | 42/48 | €419,496 | €1,268,450 | +€848,954 | +202.4% |
| Trade debts | 44 | €182,523 | €315,825 | +€133,302 | +73.0% |
| Suppliers | 440/4 | €182,523 | €315,825 | +€133,302 | +73.0% |
| Advances received on contracts in progress | 46 | €89,724 | €402,034 | +€312,310 | +348.1% |
| Taxes, remuneration and social security | 45 | €147,249 | €250,592 | +€103,343 | +70.2% |
| Taxes | 450/3 | €116,557 | €214,389 | +€97,832 | +83.9% |
| Remuneration and social security | 454/9 | €30,692 | €36,203 | +€5,511 | +18.0% |
| Other amounts payable | 47/48 | - | €300,000 | +€300,000 | |
| Remuneration, social security and pensions | 62 | €204,506 | €232,046 | +€27,540 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,493 | €50,298 | +€31,805 | +172.0% |
| Other operating charges | 640/8 | €552 | €528 | -€25 | -4.5% |
| Gross operating margin | 9900 | €587,948 | €800,136 | +€212,189 | +36.1% |
| Operating profit (loss) | 9901 | €364,396 | €517,264 | +€152,868 | +42.0% |
| Financial income | 75/76B | €448 | €246 | -€202 | -45.0% |
| Recurring financial income | 75 | €448 | €246 | -€202 | -45.0% |
| Financial charges | 65/66B | €8,073 | €8,337 | +€264 | +3.3% |
| Recurring financial charges | 65 | €8,073 | €8,337 | +€264 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €356,770 | €509,173 | +€152,403 | +42.7% |
| Income taxes | 67/77 | €87,507 | €123,012 | +€35,506 | +40.6% |
| Profit (loss) for the period | 9904 | €269,264 | €386,161 | +€116,897 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €269,264 | €386,161 | +€116,897 | +43.4% |
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.