MVK Projects: what changed
Two fiscal 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.
MVK Projects
Largest movements
- Receivables within one year -€845
down €845 (-87.3%), from €968 to €123
- Cash +€213
up €213 (+607.7%), from €35 to €248
mainly Receivables within one year (+€845) and Other debts (+€236)
- Profit (loss) carried forward -€868
down €868 (-1.2%), from -€75,302 to -€76,170
- Other debts +€236
up €236 (+0.3%), from €68,249 to €68,485
- Purchases and services -€1,265
no longer reported in 2025 (was €1,265)
- Gross operating margin +€757
up €757 (+59.8%), from -€1,265 to -€509
- Financial charges +€198
up €198 (+123.0%), from €161 to €359
- Other operating charges -€118
no longer reported in 2025 (was €118)
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.
Cash bridge derived
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 | €1,004 | €372 | -€632 | -63.0% |
| Current assets | 29/58 | €1,004 | €372 | -€632 | -63.0% |
| Amounts receivable within one year | 40/41 | €968 | €123 | -€845 | -87.3% |
| Other amounts receivable | 41 | €968 | €123 | -€845 | -87.3% |
| Cash at bank and in hand | 54/58 | €35 | €248 | +€213 | +607.7% |
| Total equity and liabilities | 10/49 | €1,004 | €372 | -€632 | -63.0% |
| Equity | 10/15 | -€67,245 | -€68,113 | -€868 | -1.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Other | 1319 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€75,302 | -€76,170 | -€868 | -1.2% |
| Amounts payable | 17/49 | €68,249 | €68,485 | +€236 | +0.3% |
| Amounts payable within one year | 42/48 | €68,249 | €68,485 | +€236 | +0.3% |
| Other amounts payable | 47/48 | €68,249 | €68,485 | +€236 | +0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,265 | - | -€1,265 | |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | -€1,265 | -€509 | +€757 | +59.8% |
| Operating profit (loss) | 9901 | -€1,383 | -€509 | +€875 | +63.2% |
| Financial charges | 65/66B | €161 | €359 | +€198 | +123.0% |
| Recurring financial charges | 65 | €161 | €359 | +€198 | +123.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,544 | -€868 | +€676 | +43.8% |
| Profit (loss) for the period | 9904 | -€1,544 | -€868 | +€676 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,544 | -€868 | +€676 | +43.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.