MVF SOLUTIONS: 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.
MVF SOLUTIONS
Largest movements
- Cash +€16,836
up €16,836 (+27.9%), from €60,437 to €77,274
mainly Net result for the year (+€24,905) and Deferred charges and accrued income (+€750)
- Reserves +€24,905
up €24,905 (+50.0%), from €49,776 to €74,681
- Tax, wage and social debts -€9,694
down €9,694 (-48.1%), from €20,157 to €10,463
of which Taxes: -€9,694
- Gross operating margin +€24,151
up €24,151 (+224%), from €10,790 to €34,941
- Taxes +€5,520
up €5,520 (+218%), from €2,529 to €8,049
- Other operating charges +€1,189
up €1,189 (+380%), from €313 to €1,502
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 | €74,308 | €89,504 | +€15,196 | +20.4% |
| Fixed assets | 21/28 | €532 | €337 | -€195 | -36.6% |
| Tangible fixed assets | 22/27 | €532 | €337 | -€195 | -36.6% |
| Plant, machinery and equipment | 23 | €532 | €337 | -€195 | -36.6% |
| Current assets | 29/58 | €73,776 | €89,167 | +€15,391 | +20.9% |
| Amounts receivable within one year | 40/41 | €10,436 | €9,741 | -€696 | -6.7% |
| Trade receivables | 40 | €10,436 | €9,741 | -€696 | -6.7% |
| Cash at bank and in hand | 54/58 | €60,437 | €77,274 | +€16,836 | +27.9% |
| Deferred charges and accrued income | 490/1 | €2,902 | €2,152 | -€750 | -25.8% |
| Total equity and liabilities | 10/49 | €74,308 | €89,504 | +€15,196 | +20.4% |
| Equity | 10/15 | €52,276 | €77,181 | +€24,905 | +47.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,776 | €74,681 | +€24,905 | +50.0% |
| Distributable reserves | 133 | €49,776 | €74,681 | +€24,905 | +50.0% |
| Amounts payable | 17/49 | €22,033 | €12,324 | -€9,709 | -44.1% |
| Amounts payable within one year | 42/48 | €22,033 | €12,324 | -€9,709 | -44.1% |
| Trade debts | 44 | €1,142 | €1,600 | +€458 | +40.1% |
| Suppliers | 440/4 | €1,142 | €1,600 | +€458 | +40.1% |
| Taxes, remuneration and social security | 45 | €20,157 | €10,463 | -€9,694 | -48.1% |
| Taxes | 450/3 | €17,457 | €7,763 | -€9,694 | -55.5% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €734 | €260 | -€473 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195 | €195 | = | 0.0% |
| Other operating charges | 640/8 | €313 | €1,502 | +€1,189 | +380% |
| Gross operating margin | 9900 | €10,790 | €34,941 | +€24,151 | +224% |
| Operating profit (loss) | 9901 | €10,283 | €33,245 | +€22,962 | +223% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €653 | €440 | -€213 | -32.6% |
| Recurring financial charges | 65 | €653 | €440 | -€213 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €9,629 | €32,954 | +€23,325 | +242% |
| Income taxes | 67/77 | €2,529 | €8,049 | +€5,520 | +218% |
| Profit (loss) for the period | 9904 | €7,101 | €24,905 | +€17,805 | +251% |
| Profit (loss) for the period to be appropriated | 9905 | €7,101 | €24,905 | +€17,805 | +251% |
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.