MVH CONCEPT: 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.
MVH CONCEPT
Largest movements
- Cash -€10,046
down €10,046 (-14.7%), from €68,298 to €58,252
mainly Receivables within one year (-€9,904) and Trade debts (-€1,582)
- Receivables within one year +€9,904
up €9,904 (+85.3%), from €11,609 to €21,513
of which Trade receivables: +€10,504
- Profit (loss) carried forward +€2,643
up €2,643 (+5.4%), from €49,058 to €51,701
- Trade debts -€1,582
down €1,582 (-74.0%), from €2,137 to €555
- Tax, wage and social debts -€895
down €895 (-30.2%), from €2,960 to €2,065
- Gross operating margin -€4,045
down €4,045 (-45.1%), from €8,973 to €4,928
- Taxes -€894
down €894 (-50.7%), from €1,764 to €869
- Financial charges -€260
down €260 (-20.6%), from €1,260 to €1,001
- Other operating charges +€236
up €236 (+131%), from €180 to €416
- Financial income -€112
down €112 (-100.0%), from €112 to €0
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 | €79,906 | €79,765 | -€142 | -0.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €79,906 | €79,765 | -€142 | -0.2% |
| Amounts receivable within one year | 40/41 | €11,609 | €21,513 | +€9,904 | +85.3% |
| Trade receivables | 40 | €10,171 | €20,675 | +€10,504 | +103% |
| Other amounts receivable | 41 | €1,438 | €838 | -€600 | -41.7% |
| Cash at bank and in hand | 54/58 | €68,298 | €58,252 | -€10,046 | -14.7% |
| Total equity and liabilities | 10/49 | €79,906 | €79,765 | -€142 | -0.2% |
| Equity | 10/15 | €69,518 | €72,161 | +€2,643 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,058 | €51,701 | +€2,643 | +5.4% |
| Amounts payable | 17/49 | €10,388 | €7,604 | -€2,784 | -26.8% |
| Amounts payable within one year | 42/48 | €9,848 | €7,037 | -€2,811 | -28.5% |
| Trade debts | 44 | €2,137 | €555 | -€1,582 | -74.0% |
| Suppliers | 440/4 | €2,137 | €555 | -€1,582 | -74.0% |
| Taxes, remuneration and social security | 45 | €2,960 | €2,065 | -€895 | -30.2% |
| Taxes | 450/3 | €2,960 | €2,065 | -€895 | -30.2% |
| Other amounts payable | 47/48 | €4,751 | €4,417 | -€334 | -7.0% |
| Accrued charges and deferred income | 492/3 | €540 | €567 | +€27 | +5.0% |
| Other operating charges | 640/8 | €180 | €416 | +€236 | +131% |
| Gross operating margin | 9900 | €8,973 | €4,928 | -€4,045 | -45.1% |
| Operating profit (loss) | 9901 | €8,793 | €4,512 | -€4,281 | -48.7% |
| Financial income | 75/76B | €112 | €0 | -€112 | -100.0% |
| Recurring financial income | 75 | €112 | €0 | -€112 | -100.0% |
| Financial charges | 65/66B | €1,260 | €1,001 | -€260 | -20.6% |
| Recurring financial charges | 65 | €1,260 | €1,001 | -€260 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €7,645 | €3,512 | -€4,133 | -54.1% |
| Income taxes | 67/77 | €1,764 | €869 | -€894 | -50.7% |
| Profit (loss) for the period | 9904 | €5,881 | €2,643 | -€3,239 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,881 | €2,643 | -€3,239 | -55.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.