MVDB Technieken: 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.
MVDB Technieken
Largest movements
- Receivables within one year +€22,850
up €22,850 (+30.3%), from €75,402 to €98,253
of which Other amounts receivable: +€40,417
- Cash +€9,256
up €9,256 (+730%), from €1,267 to €10,523
mainly Short-term financial debts (+€30,000) and Trade debts (+€24,415)
- Deferred charges and accrued income +€4,977
up €4,977 (+94.7%), from €5,253 to €10,230
- Tangible fixed assets -€4,230
no longer reported in 2024 (was €4,230)
of which Plant, machinery and equipment: -€3,003
- Short-term financial debts +€30,000
new in 2024: €30,000
- Trade debts +€24,415
up €24,415 (+31.4%), from €77,663 to €102,078
- Reserves -€13,758
down €13,758 (-73.1%), from €18,825 to €5,067
- Tax, wage and social debts -€9,933
down €9,933 (-85.5%), from €11,614 to €1,682
of which Taxes: -€7,346
- Gross operating margin -€8,876
down €8,876, from €5,387 to -€3,489
- Financial charges +€3,419
up €3,419 (+123%), from €2,791 to €6,210
of which Financial charges: +€2,385
- Financial income +€3,277
up €3,277 (+531%), from €617 to €3,894
- Taxes -€1,385
down €1,385 (-91.3%), from €1,516 to €131
- Other operating charges +€1,342
up €1,342 (+83.8%), from €1,601 to €2,942
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,860 | €167,065 | +€32,204 | +23.9% |
| Fixed assets | 21/28 | €6,107 | €1,229 | -€4,879 | -79.9% |
| Intangible fixed assets | 21 | €1,877 | €1,229 | -€648 | -34.5% |
| Tangible fixed assets | 22/27 | €4,230 | - | -€4,230 | |
| Plant, machinery and equipment | 23 | €3,003 | - | -€3,003 | |
| Furniture and vehicles | 24 | €1,228 | - | -€1,228 | |
| Current assets | 29/58 | €128,753 | €165,836 | +€37,083 | +28.8% |
| Stocks and contracts in progress | 3 | €46,830 | €46,830 | = | 0.0% |
| Stocks | 30/36 | €46,830 | €46,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,402 | €98,253 | +€22,850 | +30.3% |
| Trade receivables | 40 | €26,376 | €8,809 | -€17,567 | -66.6% |
| Other amounts receivable | 41 | €49,027 | €89,443 | +€40,417 | +82.4% |
| Cash at bank and in hand | 54/58 | €1,267 | €10,523 | +€9,256 | +730% |
| Deferred charges and accrued income | 490/1 | €5,253 | €10,230 | +€4,977 | +94.7% |
| Total equity and liabilities | 10/49 | €134,860 | €167,065 | +€32,204 | +23.9% |
| Equity | 10/15 | €21,825 | €8,067 | -€13,758 | -63.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,825 | €5,067 | -€13,758 | -73.1% |
| Distributable reserves | 133 | €18,825 | €5,067 | -€13,758 | -73.1% |
| Amounts payable | 17/49 | €113,035 | €158,998 | +€45,962 | +40.7% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,278 | €133,760 | +€44,483 | +49.8% |
| Financial debts | 43 | - | €30,000 | +€30,000 | |
| Credit institutions | 430/8 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €77,663 | €102,078 | +€24,415 | +31.4% |
| Suppliers | 440/4 | €77,663 | €102,078 | +€24,415 | +31.4% |
| Taxes, remuneration and social security | 45 | €11,614 | €1,682 | -€9,933 | -85.5% |
| Taxes | 450/3 | €9,028 | €1,682 | -€7,346 | -81.4% |
| Remuneration and social security | 454/9 | €2,587 | - | -€2,587 | |
| Accrued charges and deferred income | 492/3 | €8,758 | €10,238 | +€1,480 | +16.9% |
| Non-recurring operating income | 76A | €521 | €14,038 | +€13,517 | +2,595% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,847 | €4,879 | +€32 | +0.7% |
| Other operating charges | 640/8 | €1,601 | €2,942 | +€1,342 | +83.8% |
| Gross operating margin | 9900 | €5,387 | -€3,489 | -€8,876 | |
| Operating profit (loss) | 9901 | -€1,061 | -€11,310 | -€10,249 | -966% |
| Financial income | 75/76B | €617 | €3,894 | +€3,277 | +531% |
| Recurring financial income | 75 | €617 | €3,894 | +€3,277 | +531% |
| Financial charges | 65/66B | €2,791 | €6,210 | +€3,419 | +123% |
| Recurring financial charges | 65 | €644 | €3,029 | +€2,385 | +370% |
| Non-recurring financial charges | 66B | €2,147 | €3,181 | +€1,034 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,235 | -€13,626 | -€10,392 | -321% |
| Income taxes | 67/77 | €1,516 | €131 | -€1,385 | -91.3% |
| Profit (loss) for the period | 9904 | -€4,751 | -€13,758 | -€9,007 | -190% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,751 | -€13,758 | -€9,007 | -190% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.