MVBusiness: 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.
MVBusiness
Largest movements
- Tangible fixed assets -€107,681
down €107,681 (-51.6%), from €208,795 to €101,114
of which Land and buildings: -€106,540
- Cash +€22,929
up €22,929 (+114%), from €20,145 to €43,074
mainly Investment in fixed assets (net) (+€102,615) and Net result for the year (+€27,800)
- Receivables within one year -€2,498
no longer reported in 2025 (was €2,498)
of which Trade receivables: -€2,055
- Debts after one year -€102,874
no longer reported in 2025 (was €102,874)
- Profit (loss) carried forward +€27,800
up €27,800 (+30.8%), from €90,344 to €118,144
- Other debts -€6,116
down €6,116 (-36.6%), from €16,711 to €10,595
- Current portion of long-term debt -€6,000
no longer reported in 2025 (was €6,000)
- Gross operating margin +€26,972
up €26,972 (+170%), from €15,893 to €42,865
- Taxes +€9,294
up €9,294 (+3,027%), from €307 to €9,601
- Depreciation -€4,035
down €4,035 (-44.3%), from €9,101 to €5,066
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 | €231,438 | €144,188 | -€87,250 | -37.7% |
| Fixed assets | 21/28 | €208,795 | €101,114 | -€107,681 | -51.6% |
| Tangible fixed assets | 22/27 | €208,795 | €101,114 | -€107,681 | -51.6% |
| Land and buildings | 22 | €204,394 | €97,854 | -€106,540 | -52.1% |
| Furniture and vehicles | 24 | €4,401 | €3,260 | -€1,141 | -25.9% |
| Current assets | 29/58 | €22,643 | €43,074 | +€20,431 | +90.2% |
| Amounts receivable within one year | 40/41 | €2,498 | - | -€2,498 | |
| Trade receivables | 40 | €2,055 | - | -€2,055 | |
| Other amounts receivable | 41 | €443 | - | -€443 | |
| Cash at bank and in hand | 54/58 | €20,145 | €43,074 | +€22,929 | +114% |
| Total equity and liabilities | 10/49 | €231,438 | €144,188 | -€87,250 | -37.7% |
| Equity | 10/15 | €102,744 | €130,544 | +€27,800 | +27.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,344 | €118,144 | +€27,800 | +30.8% |
| Amounts payable | 17/49 | €128,694 | €13,644 | -€115,050 | -89.4% |
| Amounts payable after more than one year | 17 | €102,874 | - | -€102,874 | |
| Financial debts | 170/4 | €102,874 | - | -€102,874 | |
| Amounts payable within one year | 42/48 | €25,820 | €13,644 | -€12,176 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | - | -€6,000 | |
| Trade debts | 44 | €350 | - | -€350 | |
| Suppliers | 440/4 | €350 | - | -€350 | |
| Taxes, remuneration and social security | 45 | €2,759 | €3,049 | +€290 | +10.5% |
| Taxes | 450/3 | €2,759 | €3,049 | +€290 | +10.5% |
| Other amounts payable | 47/48 | €16,711 | €10,595 | -€6,116 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,101 | €5,066 | -€4,035 | -44.3% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €15,893 | €42,865 | +€26,972 | +170% |
| Operating profit (loss) | 9901 | €6,405 | €37,399 | +€30,994 | +484% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €106 | - | -€106 | |
| Recurring financial charges | 65 | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €6,299 | €37,401 | +€31,102 | +494% |
| Income taxes | 67/77 | €307 | €9,601 | +€9,294 | +3,027% |
| Profit (loss) for the period | 9904 | €5,992 | €27,800 | +€21,808 | +364% |
| Profit (loss) for the period to be appropriated | 9905 | €5,992 | €27,800 | +€21,808 | +364% |
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.