MVA FIRE DESIGN: 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.
MVA FIRE DESIGN
Largest movements
- Receivables within one year +€8,406
up €8,406 (+287%), from €2,930 to €11,336
of which Trade receivables: +€8,720
- Cash +€7,212
up €7,212 (+432%), from €1,668 to €8,880
mainly Net result for the year (+€11,215) and Trade debts (+€6,088)
- Tangible fixed assets -€1,295
down €1,295 (-100%), from €1,295 to €0
- Deferred charges and accrued income +€780
up €780 (+66.4%), from €1,174 to €1,954
- Profit (loss) carried forward +€11,215
up €11,215 (+67.6%), from -€16,597 to -€5,382
- Trade debts +€6,088
up €6,088 (+254%), from €2,395 to €8,483
- Tax, wage and social debts -€1,608
down €1,608 (-82.7%), from €1,945 to €337
- Current portion of long-term debt -€567
down €567 (-100%), from €567 to €0
- Gross operating margin +€12,765
up €12,765 (+1,063%), from €1,201 to €13,966
- Depreciation -€8,158
down €8,158 (-86.3%), from €9,453 to €1,295
- Financial charges -€880
down €880 (-66.3%), from €1,327 to €448
- Other operating charges +€427
up €427 (+73.3%), from €582 to €1,009
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,774 | €22,878 | +€15,103 | +194% |
| Fixed assets | 21/28 | €2,003 | €708 | -€1,295 | -64.6% |
| Tangible fixed assets | 22/27 | €1,295 | €0 | -€1,295 | -100% |
| Furniture and vehicles | 24 | €1,295 | €0 | -€1,295 | -100% |
| Financial fixed assets | 28 | €708 | €708 | = | 0.0% |
| Current assets | 29/58 | €5,772 | €22,170 | +€16,398 | +284% |
| Amounts receivable within one year | 40/41 | €2,930 | €11,336 | +€8,406 | +287% |
| Trade receivables | 40 | €1,884 | €10,604 | +€8,720 | +463% |
| Other amounts receivable | 41 | €1,046 | €732 | -€314 | -30.0% |
| Cash at bank and in hand | 54/58 | €1,668 | €8,880 | +€7,212 | +432% |
| Deferred charges and accrued income | 490/1 | €1,174 | €1,954 | +€780 | +66.4% |
| Total equity and liabilities | 10/49 | €7,774 | €22,878 | +€15,103 | +194% |
| Equity | 10/15 | €2,843 | €14,058 | +€11,215 | +395% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,239 | €13,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €11,380 | €11,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,597 | -€5,382 | +€11,215 | +67.6% |
| Amounts payable | 17/49 | €4,931 | €8,820 | +€3,888 | +78.8% |
| Amounts payable within one year | 42/48 | €4,931 | €8,820 | +€3,888 | +78.8% |
| Current portion of amounts payable after more than one year | 42 | €567 | €0 | -€567 | -100% |
| Trade debts | 44 | €2,395 | €8,483 | +€6,088 | +254% |
| Suppliers | 440/4 | €2,395 | €8,483 | +€6,088 | +254% |
| Taxes, remuneration and social security | 45 | €1,945 | €337 | -€1,608 | -82.7% |
| Taxes | 450/3 | €1,945 | €337 | -€1,608 | -82.7% |
| Other amounts payable | 47/48 | €25 | €0 | -€25 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,453 | €1,295 | -€8,158 | -86.3% |
| Other operating charges | 640/8 | €582 | €1,009 | +€427 | +73.3% |
| Gross operating margin | 9900 | €1,201 | €13,966 | +€12,765 | +1,063% |
| Operating profit (loss) | 9901 | -€8,834 | €11,663 | +€20,496 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,327 | €448 | -€880 | -66.3% |
| Recurring financial charges | 65 | €1,327 | €448 | -€880 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,161 | €11,215 | +€21,376 | |
| Profit (loss) for the period | 9904 | -€10,161 | €11,215 | +€21,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,161 | €11,215 | +€21,376 |
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 14 October 2026 via checked.be.