MVL CONSTRUCT: what changed
What changed
MVL CONSTRUCT
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€64,501
2024 · -€20,731-€43,770
Equity
€38,903
2024 · €103,404-€64,501
Cash
€26,853
2024 · €26,273+€580
Balance sheet total
€99,501
2024 · €135,740-€36,239
Largest movements
Assets
- Receivables within one year -€37,381
down €37,381 (-34.4%), from €108,695 to €71,314
of which Trade receivables: -€36,585
Equity and liabilities
- Profit (loss) carried forward -€64,501
down €64,501, from €45,344 to -€19,157
- Trade debts +€29,691
up €29,691 (+125%), from €23,707 to €53,398
Income statement
- Write-downs +€41,451
new in 2025: €41,451
- Gross operating margin +€3,204
up €3,204 (+18.3%), from -€17,465 to -€14,261
- Staff costs -€1,838
down €1,838, from €748 to -€1,090
- Other operating charges -€1,149
down €1,149 (-84.2%), from €1,364 to €215
- Financial charges -€241
down €241 (-37.0%), from €652 to €411
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€20,731
Gross operating margin
+€3,204
Staff costs
+€1,838
Depreciation
+€138
Write-downs
-€41,451
Other operating charges
+€1,149
Other operating items
-€8,931
Financial income
+€2
Financial charges
+€241
Taxes
+€40
Result 2025
-€64,501
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€580
Investment
€0
Financing
€0
Cash 2024
€26,273
From operations (derived)
+€580
Net result for the year
-€64,501
Depreciation
+€324
Receivables within one year
+€37,381
Deferred charges and accrued income
-€886
Trade debts
+€29,691
Tax, wage and social debts
-€504
Other debts
-€1,044
Accrued charges and deferred income
+€119
Cash 2025
€26,853
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,740 | €99,501 | -€36,239 | -26.7% |
| Fixed assets | 21/28 | €724 | €400 | -€324 | -44.8% |
| Tangible fixed assets | 22/27 | €324 | - | -€324 | |
| Furniture and vehicles | 24 | €324 | - | -€324 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €135,016 | €99,101 | -€35,914 | -26.6% |
| Amounts receivable within one year | 40/41 | €108,695 | €71,314 | -€37,381 | -34.4% |
| Trade receivables | 40 | €101,296 | €64,711 | -€36,585 | -36.1% |
| Other amounts receivable | 41 | €7,399 | €6,603 | -€796 | -10.8% |
| Cash at bank and in hand | 54/58 | €26,273 | €26,853 | +€580 | +2.2% |
| Deferred charges and accrued income | 490/1 | €48 | €934 | +€886 | +1,844% |
| Total equity and liabilities | 10/49 | €135,740 | €99,501 | -€36,239 | -26.7% |
| Equity | 10/15 | €103,404 | €38,903 | -€64,501 | -62.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,344 | -€19,157 | -€64,501 | |
| Amounts payable | 17/49 | €32,335 | €60,598 | +€28,263 | +87.4% |
| Amounts payable within one year | 42/48 | €32,218 | €60,361 | +€28,143 | +87.4% |
| Trade debts | 44 | €23,707 | €53,398 | +€29,691 | +125% |
| Suppliers | 440/4 | €23,707 | €53,398 | +€29,691 | +125% |
| Taxes, remuneration and social security | 45 | €1,130 | €626 | -€504 | -44.6% |
| Taxes | 450/3 | €40 | €626 | +€586 | +1,468% |
| Remuneration and social security | 454/9 | €1,090 | - | -€1,090 | |
| Other amounts payable | 47/48 | €7,380 | €6,336 | -€1,044 | -14.1% |
| Accrued charges and deferred income | 492/3 | €118 | €237 | +€119 | +101% |
| Non-recurring operating income | 76A | €6,483 | - | -€6,483 | |
| Remuneration, social security and pensions | 62 | €748 | -€1,090 | -€1,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €324 | -€138 | -29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €41,451 | +€41,451 | |
| Other operating charges | 640/8 | €1,364 | €215 | -€1,149 | -84.2% |
| Non-recurring operating charges | 66A | - | €8,931 | +€8,931 | |
| Gross operating margin | 9900 | -€17,465 | -€14,261 | +€3,204 | +18.3% |
| Operating profit (loss) | 9901 | -€20,039 | -€64,092 | -€44,053 | -220% |
| Financial income | 75/76B | €0 | €2 | +€2 | +4,400% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +4,400% |
| Financial charges | 65/66B | €652 | €411 | -€241 | -37.0% |
| Recurring financial charges | 65 | €652 | €411 | -€241 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,691 | -€64,501 | -€43,810 | -212% |
| Income taxes | 67/77 | €40 | - | -€40 | |
| Profit (loss) for the period | 9904 | -€20,731 | -€64,501 | -€43,770 | -211% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,731 | -€64,501 | -€43,770 | -211% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.