MVN-Projects: 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.
MVN-Projects
Largest movements
- Receivables within one year -€949
down €949 (-41.1%), from €2,312 to €1,363
of which Trade receivables: -€725
- Cash +€538
up €538 (+1.9%), from €28,717 to €29,255
mainly Net result for the year (+€3,729) and Receivables within one year (+€949)
- Other debts -€4,137
down €4,137 (-52.4%), from €7,891 to €3,754
- Profit (loss) carried forward +€3,729
up €3,729 (+20.4%), from €18,280 to €22,009
- Tax, wage and social debts -€704
down €704 (-24.6%), from €2,859 to €2,155
- Trade debts +€700
new in 2025: €700
- Gross operating margin -€4,177
down €4,177 (-41.2%), from €10,138 to €5,961
- Taxes -€1,069
down €1,069 (-37.4%), from €2,859 to €1,789
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 | €31,029 | €30,618 | -€412 | -1.3% |
| Current assets | 29/58 | €31,029 | €30,618 | -€412 | -1.3% |
| Amounts receivable within one year | 40/41 | €2,312 | €1,363 | -€949 | -41.1% |
| Trade receivables | 40 | €2,087 | €1,362 | -€725 | -34.7% |
| Other amounts receivable | 41 | €225 | €1 | -€224 | -99.5% |
| Cash at bank and in hand | 54/58 | €28,717 | €29,255 | +€538 | +1.9% |
| Total equity and liabilities | 10/49 | €31,029 | €30,618 | -€412 | -1.3% |
| Equity | 10/15 | €20,280 | €24,009 | +€3,729 | +18.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,280 | €22,009 | +€3,729 | +20.4% |
| Amounts payable | 17/49 | €10,749 | €6,609 | -€4,141 | -38.5% |
| Amounts payable within one year | 42/48 | €10,749 | €6,609 | -€4,141 | -38.5% |
| Trade debts | 44 | - | €700 | +€700 | |
| Suppliers | 440/4 | - | €700 | +€700 | |
| Taxes, remuneration and social security | 45 | €2,859 | €2,155 | -€704 | -24.6% |
| Taxes | 450/3 | €2,859 | €2,155 | -€704 | -24.6% |
| Other amounts payable | 47/48 | €7,891 | €3,754 | -€4,137 | -52.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €10,138 | €5,961 | -€4,177 | -41.2% |
| Operating profit (loss) | 9901 | €9,750 | €5,561 | -€4,189 | -43.0% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,610 | €5,518 | -€4,092 | -42.6% |
| Income taxes | 67/77 | €2,859 | €1,789 | -€1,069 | -37.4% |
| Profit (loss) for the period | 9904 | €6,752 | €3,729 | -€3,022 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,752 | €3,729 | -€3,022 | -44.8% |
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 11 October 2026 via checked.be.