MV Technics: what changed
MV Technics
Largest movements
- Cash +€73,218
up €73,218 (+31.3%), from €234,087 to €307,305
mainly Other debts (+€368,846) and Net result for the year (+€115,916)
- Stocks and contracts +€49,650
up €49,650 (+325%), from €15,281 to €64,931
- Tangible fixed assets -€40,596
down €40,596 (-29.0%), from €139,942 to €99,346
of which Furniture and vehicles: -€39,072
- Receivables within one year +€6,992
up €6,992 (+14.1%), from €49,506 to €56,498
of which Trade receivables: +€10,851
- Other debts +€368,846
up €368,846 (+9,021%), from €4,089 to €372,935
- Reserves -€295,826
down €295,826 (-100%), from €295,826 to €0
- Trade debts +€31,510
up €31,510 (+47.9%), from €65,765 to €97,275
- Debts after one year -€20,140
down €20,140 (-40.1%), from €50,212 to €30,072
- Accrued charges and deferred income +€9,468
up €9,468 (+2,342%), from €404 to €9,872
- Gross operating margin +€18,414
up €18,414 (+9.8%), from €187,624 to €206,037
- Financial charges +€8,923
up €8,923 (+204%), from €4,369 to €13,292
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,616 | €533,394 | +€88,777 | +20.0% |
| Fixed assets | 21/28 | €139,942 | €99,346 | -€40,596 | -29.0% |
| Tangible fixed assets | 22/27 | €139,942 | €99,346 | -€40,596 | -29.0% |
| Plant, machinery and equipment | 23 | €3,948 | €2,424 | -€1,524 | -38.6% |
| Furniture and vehicles | 24 | €135,994 | €96,922 | -€39,072 | -28.7% |
| Current assets | 29/58 | €304,675 | €434,048 | +€129,373 | +42.5% |
| Stocks and contracts in progress | 3 | €15,281 | €64,931 | +€49,650 | +325% |
| Stocks | 30/36 | €15,281 | €64,931 | +€49,650 | +325% |
| Amounts receivable within one year | 40/41 | €49,506 | €56,498 | +€6,992 | +14.1% |
| Trade receivables | 40 | €29,703 | €40,554 | +€10,851 | +36.5% |
| Other amounts receivable | 41 | €19,803 | €15,944 | -€3,859 | -19.5% |
| Cash at bank and in hand | 54/58 | €234,087 | €307,305 | +€73,218 | +31.3% |
| Deferred charges and accrued income | 490/1 | €5,800 | €5,314 | -€486 | -8.4% |
| Total equity and liabilities | 10/49 | €444,616 | €533,394 | +€88,777 | +20.0% |
| Equity | 10/15 | €297,826 | €2,000 | -€295,826 | -99.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €295,826 | €0 | -€295,826 | -100% |
| Distributable reserves | 133 | €295,826 | €0 | -€295,826 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €146,791 | €531,394 | +€384,603 | +262% |
| Amounts payable after more than one year | 17 | €50,212 | €30,072 | -€20,140 | -40.1% |
| Financial debts | 170/4 | €50,212 | €30,072 | -€20,140 | -40.1% |
| Amounts payable within one year | 42/48 | €96,174 | €491,451 | +€395,276 | +411% |
| Current portion of amounts payable after more than one year | 42 | €19,307 | €20,140 | +€833 | +4.3% |
| Trade debts | 44 | €65,765 | €97,275 | +€31,510 | +47.9% |
| Suppliers | 440/4 | €65,765 | €97,275 | +€31,510 | +47.9% |
| Taxes, remuneration and social security | 45 | €7,014 | €1,100 | -€5,914 | -84.3% |
| Taxes | 450/3 | €7,014 | €1,100 | -€5,914 | -84.3% |
| Other amounts payable | 47/48 | €4,089 | €372,935 | +€368,846 | +9,021% |
| Accrued charges and deferred income | 492/3 | €404 | €9,872 | +€9,468 | +2,342% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,624 | €40,596 | +€972 | +2.5% |
| Other operating charges | 640/8 | €2,268 | €1,840 | -€427 | -18.8% |
| Gross operating margin | 9900 | €187,624 | €206,037 | +€18,414 | +9.8% |
| Operating profit (loss) | 9901 | €145,732 | €163,601 | +€17,869 | +12.3% |
| Financial income | 75/76B | €306 | €360 | +€55 | +18.0% |
| Recurring financial income | 75 | €306 | €360 | +€55 | +18.0% |
| Financial charges | 65/66B | €4,369 | €13,292 | +€8,923 | +204% |
| Recurring financial charges | 65 | €4,369 | €13,292 | +€8,923 | +204% |
| Profit (loss) for the period before taxes | 9903 | €141,669 | €150,670 | +€9,001 | +6.4% |
| Income taxes | 67/77 | €33,600 | €34,754 | +€1,155 | +3.4% |
| Profit (loss) for the period | 9904 | €108,069 | €115,916 | +€7,847 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,069 | €115,916 | +€7,847 | +7.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.