MVB Motors: 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.
MVB Motors
Largest movements
- Tangible fixed assets +€50,432
up €50,432 (+12.2%), from €412,103 to €462,535
of which Land and buildings: +€35,459
- Stocks and contracts -€18,508
down €18,508 (-100%), from €18,508 to €0
- Cash -€13,375
down €13,375 (-42.0%), from €31,862 to €18,487
mainly Investment in fixed assets (net) (-€74,522) and Contributions, distributions and other (-€859)
- Reserves +€15,521
up €15,521 (+62.1%), from €24,998 to €40,520
- Depreciation +€16,697
up €16,697 (+226%), from €7,393 to €24,090
- Gross operating margin +€11,609
up €11,609 (+32.7%), from €35,499 to €47,107
- Taxes +€4,227
up €4,227 (+1,220%), from €346 to €4,573
- Other operating charges -€536
down €536 (-19.3%), from €2,774 to €2,237
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 | €478,632 | €497,681 | +€19,049 | +4.0% |
| Fixed assets | 21/28 | €412,103 | €462,535 | +€50,432 | +12.2% |
| Tangible fixed assets | 22/27 | €412,103 | €462,535 | +€50,432 | +12.2% |
| Land and buildings | 22 | €391,668 | €427,127 | +€35,459 | +9.1% |
| Plant, machinery and equipment | 23 | €17,778 | €33,751 | +€15,973 | +89.8% |
| Furniture and vehicles | 24 | €2,658 | €1,658 | -€1,000 | -37.6% |
| Current assets | 29/58 | €66,528 | €35,146 | -€31,382 | -47.2% |
| Stocks and contracts in progress | 3 | €18,508 | €0 | -€18,508 | -100% |
| Stocks | 30/36 | €18,508 | €0 | -€18,508 | -100% |
| Amounts receivable within one year | 40/41 | €14,510 | €14,944 | +€434 | +3.0% |
| Trade receivables | 40 | €9,803 | €7,336 | -€2,467 | -25.2% |
| Other amounts receivable | 41 | €4,708 | €7,609 | +€2,901 | +61.6% |
| Cash at bank and in hand | 54/58 | €31,862 | €18,487 | -€13,375 | -42.0% |
| Deferred charges and accrued income | 490/1 | €1,648 | €1,715 | +€67 | +4.1% |
| Total equity and liabilities | 10/49 | €478,632 | €497,681 | +€19,049 | +4.0% |
| Equity | 10/15 | €124,998 | €140,520 | +€15,521 | +12.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €24,998 | €40,520 | +€15,521 | +62.1% |
| Distributable reserves | 133 | €24,998 | €40,520 | +€15,521 | +62.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €353,634 | €357,161 | +€3,528 | +1.0% |
| Amounts payable within one year | 42/48 | €353,634 | €357,161 | +€3,528 | +1.0% |
| Trade debts | 44 | €2,725 | €2,804 | +€79 | +2.9% |
| Suppliers | 440/4 | €2,725 | €2,804 | +€79 | +2.9% |
| Taxes, remuneration and social security | 45 | €1,768 | €5,514 | +€3,746 | +212% |
| Taxes | 450/3 | €1,768 | €5,514 | +€3,746 | +212% |
| Other amounts payable | 47/48 | €349,141 | €348,844 | -€297 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,393 | €24,090 | +€16,697 | +226% |
| Other operating charges | 640/8 | €2,774 | €2,237 | -€536 | -19.3% |
| Gross operating margin | 9900 | €35,499 | €47,107 | +€11,609 | +32.7% |
| Operating profit (loss) | 9901 | €25,332 | €20,780 | -€4,552 | -18.0% |
| Financial income | 75/76B | €169 | €174 | +€5 | +3.1% |
| Recurring financial income | 75 | €169 | €174 | +€5 | +3.1% |
| Financial charges | 65/66B | €156 | €0 | -€156 | -100% |
| Recurring financial charges | 65 | €156 | €0 | -€156 | -100% |
| Profit (loss) for the period before taxes | 9903 | €25,344 | €20,954 | -€4,391 | -17.3% |
| Income taxes | 67/77 | €346 | €4,573 | +€4,227 | +1,220% |
| Profit (loss) for the period | 9904 | €24,998 | €16,380 | -€8,618 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,998 | €16,380 | -€8,618 | -34.5% |
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 28 October 2026 via checked.be.