MVB SERVICES: 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.
MVB SERVICES
Largest movements
- Cash +€64,191
up €64,191 (+188.1%), from €34,123 to €98,314
mainly Net result for the year (+€64,759) and Other debts (+€25,800)
- Receivables within one year +€11,803
up €11,803 (+1244.6%), from €948 to €12,752
of which Trade receivables: +€9,282
- Tangible fixed assets +€2,238
new in 2025: €2,238
- Deferred charges and accrued income +€1,728
new in 2025: €1,728
- Reserves +€40,000
up €40,000 (+500.0%), from €8,000 to €48,000
- Other debts +€25,800
up €25,800 (+444.8%), from €5,800 to €31,600
- Tax, wage and social debts +€9,200
up €9,200 (+135.3%), from €6,800 to €16,000
of which Taxes: +€11,200
- Profit (loss) carried forward +€4,759
up €4,759 (+116.9%), from €4,071 to €8,830
- Trade debts +€1,224
up €1,224 (+271.7%), from €450 to €1,674
- Gross operating margin +€59,829
up €59,829 (+283.6%), from €21,097 to €80,927
- Taxes +€10,598
up €10,598 (+220.8%), from €4,800 to €15,398
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 | €35,072 | €115,032 | +€79,960 | +228.0% |
| Fixed assets | 21/28 | - | €2,238 | +€2,238 | |
| Tangible fixed assets | 22/27 | - | €2,238 | +€2,238 | |
| Furniture and vehicles | 24 | - | €2,238 | +€2,238 | |
| Current assets | 29/58 | €35,072 | €112,794 | +€77,722 | +221.6% |
| Amounts receivable within one year | 40/41 | €948 | €12,752 | +€11,803 | +1244.6% |
| Trade receivables | 40 | €948 | €10,230 | +€9,282 | +978.7% |
| Other amounts receivable | 41 | - | €2,522 | +€2,522 | |
| Cash at bank and in hand | 54/58 | €34,123 | €98,314 | +€64,191 | +188.1% |
| Deferred charges and accrued income | 490/1 | - | €1,728 | +€1,728 | |
| Total equity and liabilities | 10/49 | €35,072 | €115,032 | +€79,960 | +228.0% |
| Equity | 10/15 | €15,071 | €59,830 | +€44,759 | +297.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €48,000 | +€40,000 | +500.0% |
| Distributable reserves | 133 | €8,000 | €48,000 | +€40,000 | +500.0% |
| Profit (loss) carried forward | 14 | €4,071 | €8,830 | +€4,759 | +116.9% |
| Amounts payable | 17/49 | €20,000 | €55,202 | +€35,201 | +176.0% |
| Amounts payable within one year | 42/48 | €13,050 | €49,274 | +€36,224 | +277.6% |
| Trade debts | 44 | €450 | €1,674 | +€1,224 | +271.7% |
| Suppliers | 440/4 | €450 | €1,674 | +€1,224 | +271.7% |
| Taxes, remuneration and social security | 45 | €6,800 | €16,000 | +€9,200 | +135.3% |
| Taxes | 450/3 | €4,800 | €16,000 | +€11,200 | +233.3% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €5,800 | €31,600 | +€25,800 | +444.8% |
| Accrued charges and deferred income | 492/3 | €6,950 | €5,927 | -€1,023 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €558 | +€558 | |
| Other operating charges | 640/8 | €226 | €178 | -€48 | -21.1% |
| Gross operating margin | 9900 | €21,097 | €80,927 | +€59,829 | +283.6% |
| Operating profit (loss) | 9901 | €20,871 | €80,190 | +€59,319 | +284.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | - | €33 | +€33 | |
| Recurring financial charges | 65 | - | €33 | +€33 | |
| Profit (loss) for the period before taxes | 9903 | €20,871 | €80,157 | +€59,286 | +284.1% |
| Income taxes | 67/77 | €4,800 | €15,398 | +€10,598 | +220.8% |
| Profit (loss) for the period | 9904 | €16,071 | €64,759 | +€48,688 | +303.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,071 | €64,759 | +€48,688 | +303.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.