MVD VERZEKERINGEN: 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.
MVD VERZEKERINGEN
Largest movements
- Cash -€205,395
down €205,395 (-98.0%), from €209,568 to €4,173
mainly Current investments (-€154,809) and Other debts (-€86,995)
- Current investments +€154,809
new in 2025: €154,809
- Receivables within one year +€4,040
up €4,040 (+32.0%), from €12,620 to €16,660
- Other debts -€86,995
down €86,995 (-45.7%), from €190,372 to €103,377
- Reserves +€47,092
new in 2025: €47,092
- Tax, wage and social debts -€13,191
down €13,191 (-44.1%), from €29,891 to €16,700
- Trade debts +€3,724
up €3,724 (+301%), from €1,236 to €4,960
- Gross operating margin +€19,000
up €19,000 (+18.4%), from €103,312 to €122,312
- Taxes +€6,016
up €6,016 (+30.8%), from €19,507 to €25,523
- Depreciation -€2,076
down €2,076 (-41.2%), from €5,037 to €2,961
- Financial income +€1,305
up €1,305 (+117%), from €1,112 to €2,417
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 | €226,499 | €177,129 | -€49,370 | -21.8% |
| Fixed assets | 21/28 | €4,033 | €1,072 | -€2,961 | -73.4% |
| Intangible fixed assets | 21 | €1,666 | - | -€1,666 | |
| Tangible fixed assets | 22/27 | €2,367 | €1,072 | -€1,295 | -54.7% |
| Plant, machinery and equipment | 23 | €1,242 | €380 | -€862 | -69.4% |
| Furniture and vehicles | 24 | €1,125 | €692 | -€433 | -38.5% |
| Current assets | 29/58 | €222,466 | €176,057 | -€46,409 | -20.9% |
| Amounts receivable within one year | 40/41 | €12,620 | €16,660 | +€4,040 | +32.0% |
| Trade receivables | 40 | €12,620 | €16,660 | +€4,040 | +32.0% |
| Current investments | 50/53 | - | €154,809 | +€154,809 | |
| Cash at bank and in hand | 54/58 | €209,568 | €4,173 | -€205,395 | -98.0% |
| Deferred charges and accrued income | 490/1 | €278 | €415 | +€137 | +49.3% |
| Total equity and liabilities | 10/49 | €226,499 | €177,129 | -€49,370 | -21.8% |
| Equity | 10/15 | €5,000 | €52,092 | +€47,092 | +942% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €47,092 | +€47,092 | |
| Distributable reserves | 133 | - | €47,092 | +€47,092 | |
| Amounts payable | 17/49 | €221,499 | €125,037 | -€96,462 | -43.5% |
| Amounts payable within one year | 42/48 | €221,499 | €125,037 | -€96,462 | -43.5% |
| Trade debts | 44 | €1,236 | €4,960 | +€3,724 | +301% |
| Suppliers | 440/4 | €1,236 | €4,960 | +€3,724 | +301% |
| Taxes, remuneration and social security | 45 | €29,891 | €16,700 | -€13,191 | -44.1% |
| Taxes | 450/3 | €29,891 | €16,700 | -€13,191 | -44.1% |
| Other amounts payable | 47/48 | €190,372 | €103,377 | -€86,995 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,037 | €2,961 | -€2,076 | -41.2% |
| Other operating charges | 640/8 | €647 | €656 | +€9 | +1.4% |
| Gross operating margin | 9900 | €103,312 | €122,312 | +€19,000 | +18.4% |
| Operating profit (loss) | 9901 | €97,628 | €118,695 | +€21,067 | +21.6% |
| Financial income | 75/76B | €1,112 | €2,417 | +€1,305 | +117% |
| Recurring financial income | 75 | €1,112 | €2,417 | +€1,305 | +117% |
| Financial charges | 65/66B | €3,593 | €2,497 | -€1,096 | -30.5% |
| Recurring financial charges | 65 | €3,593 | €2,497 | -€1,096 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €95,147 | €118,615 | +€23,468 | +24.7% |
| Income taxes | 67/77 | €19,507 | €25,523 | +€6,016 | +30.8% |
| Profit (loss) for the period | 9904 | €75,640 | €93,092 | +€17,452 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,640 | €93,092 | +€17,452 | +23.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.