MVM Company: what changed
What changed
MVM Company
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€53,776
2024 · -€43,756-€10,019
Equity
-€12,805
2024 · €40,971-€53,776
Cash
€16
2024 · €1,279-€1,263
Balance sheet total
€121,288
2024 · €146,443-€25,155
Largest movements
Assets
- Tangible fixed assets -€14,495
down €14,495 (-20.4%), from €71,055 to €56,561
of which Furniture and vehicles: -€12,705
- Receivables within one year -€6,041
down €6,041 (-9.2%), from €65,829 to €59,788
of which Other amounts receivable: -€3,991
- Financial fixed assets -€3,652
down €3,652 (-60.6%), from €6,029 to €2,377
Equity and liabilities
- Tax, wage and social debts +€40,146
up €40,146 (+291%), from €13,787 to €53,933
of which Remuneration and social security: +€36,819
- Profit (loss) carried forward -€27,065
down €27,065, from €0 to -€27,065
- Reserves -€26,711
down €26,711 (-93.5%), from €28,571 to €1,860
of which Distributable reserves: -€26,711
- Debts after one year -€21,697
down €21,697 (-39.8%), from €54,561 to €32,864
- Other debts -€13,655
down €13,655 (-69.8%), from €19,567 to €5,912
Income statement
- Staff costs +€133,506
up €133,506 (+192%), from €69,508 to €203,014
- Gross operating margin +€128,498
up €128,498 (+283%), from €45,437 to €173,936
- Depreciation +€7,137
up €7,137 (+78.8%), from €9,055 to €16,192
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
-€43,756
Gross operating margin
+€128,498
Staff costs
-€133,506
Depreciation
-€7,137
Other operating charges
+€1,731
Other operating items
+€620
Financial income
-€98
Financial charges
-€126
Result 2025
-€53,776
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
+€7,675
Investment
+€1,955
Financing
-€10,893
Cash 2024
€1,279
From operations (derived)
+€7,675
Net result for the year
-€53,776
Depreciation
+€16,192
Receivables within one year
+€6,041
Deferred charges and accrued income
-€296
Trade debts
+€13,023
Tax, wage and social debts
+€40,146
Other debts
-€13,655
Investment (derived)
+€1,955
Investment in fixed assets (net)
+€1,955
Financing
-€10,893
Debts after one year
-€21,697
Current portion of long-term debt
+€10,803
Cash 2025
€16
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,443 | €121,288 | -€25,155 | -17.2% |
| Fixed assets | 21/28 | €77,084 | €58,938 | -€18,146 | -23.5% |
| Tangible fixed assets | 22/27 | €71,055 | €56,561 | -€14,495 | -20.4% |
| Plant, machinery and equipment | 23 | €14,789 | €12,999 | -€1,790 | -12.1% |
| Furniture and vehicles | 24 | €56,267 | €43,562 | -€12,705 | -22.6% |
| Financial fixed assets | 28 | €6,029 | €2,377 | -€3,652 | -60.6% |
| Current assets | 29/58 | €69,359 | €62,350 | -€7,009 | -10.1% |
| Amounts receivable within one year | 40/41 | €65,829 | €59,788 | -€6,041 | -9.2% |
| Trade receivables | 40 | €21,969 | €19,918 | -€2,051 | -9.3% |
| Other amounts receivable | 41 | €43,860 | €39,870 | -€3,991 | -9.1% |
| Cash at bank and in hand | 54/58 | €1,279 | €16 | -€1,263 | -98.7% |
| Deferred charges and accrued income | 490/1 | €2,251 | €2,546 | +€296 | +13.1% |
| Total equity and liabilities | 10/49 | €146,443 | €121,288 | -€25,155 | -17.2% |
| Equity | 10/15 | €40,971 | -€12,805 | -€53,776 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,571 | €1,860 | -€26,711 | -93.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,711 | €0 | -€26,711 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€27,065 | -€27,065 | |
| Amounts payable | 17/49 | €105,472 | €134,093 | +€28,621 | +27.1% |
| Amounts payable after more than one year | 17 | €54,561 | €32,864 | -€21,697 | -39.8% |
| Financial debts | 170/4 | €54,561 | €32,864 | -€21,697 | -39.8% |
| Amounts payable within one year | 42/48 | €49,466 | €99,783 | +€50,317 | +102% |
| Current portion of amounts payable after more than one year | 42 | €2,361 | €13,164 | +€10,803 | +458% |
| Trade debts | 44 | €13,750 | €26,773 | +€13,023 | +94.7% |
| Suppliers | 440/4 | €13,750 | €26,773 | +€13,023 | +94.7% |
| Taxes, remuneration and social security | 45 | €13,787 | €53,933 | +€40,146 | +291% |
| Taxes | 450/3 | €1,383 | €4,710 | +€3,327 | +240% |
| Remuneration and social security | 454/9 | €12,404 | €49,223 | +€36,819 | +297% |
| Other amounts payable | 47/48 | €19,567 | €5,912 | -€13,655 | -69.8% |
| Accrued charges and deferred income | 492/3 | €1,446 | €1,446 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €69,508 | €203,014 | +€133,506 | +192% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,055 | €16,192 | +€7,137 | +78.8% |
| Other operating charges | 640/8 | €2,790 | €1,059 | -€1,731 | -62.0% |
| Non-recurring operating charges | 66A | €620 | €0 | -€620 | -100% |
| Gross operating margin | 9900 | €45,437 | €173,936 | +€128,498 | +283% |
| Operating profit (loss) | 9901 | -€36,535 | -€46,330 | -€9,795 | -26.8% |
| Financial income | 75/76B | €352 | €254 | -€98 | -27.9% |
| Recurring financial income | 75 | €352 | €254 | -€98 | -27.9% |
| Financial charges | 65/66B | €7,574 | €7,700 | +€126 | +1.7% |
| Recurring financial charges | 65 | €7,574 | €7,700 | +€126 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,756 | -€53,776 | -€10,019 | -22.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,756 | -€53,776 | -€10,019 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,756 | -€53,776 | -€10,019 | -22.9% |
Next steps
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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 6 November 2026 via checked.be.