MVR DESIGN: 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.
MVR DESIGN
Largest movements
- Cash +€37,378
up €37,378 (+1084.5%), from €3,446 to €40,825
mainly Depreciation (+€66,400) and Net result for the year (+€40,733)
- Tangible fixed assets +€23,390
up €23,390 (+21.1%), from €110,605 to €133,995
of which Furniture and vehicles: +€22,502
- Debts after one year +€22,949
up €22,949 (+49.6%), from €46,237 to €69,186
- Reserves +€20,000
up €20,000 (+37.3%), from €53,570 to €73,570
- Other debts +€12,066
up €12,066 (+29.5%), from €40,934 to €53,000
- Current portion of long-term debt +€10,867
up €10,867 (+56.5%), from €19,227 to €30,093
- Tax, wage and social debts +€7,179
up €7,179 (+23.0%), from €31,157 to €38,336
of which Remuneration and social security: +€6,000
- Depreciation +€16,323
up €16,323 (+32.6%), from €50,077 to €66,400
- Other operating charges +€14,613
up €14,613 (+305.6%), from €4,782 to €19,394
- Gross operating margin +€12,530
up €12,530 (+8.8%), from €141,999 to €154,529
- Taxes -€1,877
down €1,877 (-7.0%), from €26,677 to €24,800
- Financial charges -€1,713
down €1,713 (-33.9%), from €5,050 to €3,338
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 | €237,779 | €301,680 | +€63,900 | +26.9% |
| Fixed assets | 21/28 | €110,605 | €133,995 | +€23,390 | +21.1% |
| Tangible fixed assets | 22/27 | €110,605 | €133,995 | +€23,390 | +21.1% |
| Plant, machinery and equipment | 23 | €2,362 | €3,250 | +€888 | +37.6% |
| Furniture and vehicles | 24 | €108,243 | €130,745 | +€22,502 | +20.8% |
| Current assets | 29/58 | €127,175 | €167,684 | +€40,510 | +31.9% |
| Amounts receivable within one year | 40/41 | €123,728 | €124,024 | +€296 | +0.2% |
| Trade receivables | 40 | €121,963 | €89,167 | -€32,796 | -26.9% |
| Other amounts receivable | 41 | €1,765 | €34,857 | +€33,092 | +1874.4% |
| Cash at bank and in hand | 54/58 | €3,446 | €40,825 | +€37,378 | +1084.5% |
| Deferred charges and accrued income | 490/1 | - | €2,836 | +€2,836 | |
| Total equity and liabilities | 10/49 | €237,779 | €301,680 | +€63,900 | +26.9% |
| Equity | 10/15 | €92,307 | €110,041 | +€17,733 | +19.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,570 | €73,570 | +€20,000 | +37.3% |
| Distributable reserves | 133 | €53,570 | €73,570 | +€20,000 | +37.3% |
| Profit (loss) carried forward | 14 | €33,737 | €31,471 | -€2,267 | -6.7% |
| Amounts payable | 17/49 | €145,472 | €191,639 | +€46,167 | +31.7% |
| Amounts payable after more than one year | 17 | €46,237 | €69,186 | +€22,949 | +49.6% |
| Financial debts | 170/4 | €46,237 | €69,186 | +€22,949 | +49.6% |
| Amounts payable within one year | 42/48 | €99,235 | €122,453 | +€23,218 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €19,227 | €30,093 | +€10,867 | +56.5% |
| Trade debts | 44 | €7,918 | €1,024 | -€6,894 | -87.1% |
| Suppliers | 440/4 | €7,918 | €1,024 | -€6,894 | -87.1% |
| Taxes, remuneration and social security | 45 | €31,157 | €38,336 | +€7,179 | +23.0% |
| Taxes | 450/3 | €31,157 | €32,336 | +€1,179 | +3.8% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €40,934 | €53,000 | +€12,066 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,077 | €66,400 | +€16,323 | +32.6% |
| Other operating charges | 640/8 | €4,782 | €19,394 | +€14,613 | +305.6% |
| Gross operating margin | 9900 | €141,999 | €154,529 | +€12,530 | +8.8% |
| Operating profit (loss) | 9901 | €87,140 | €68,734 | -€18,405 | -21.1% |
| Financial income | 75/76B | €30 | €137 | +€107 | +361.1% |
| Recurring financial income | 75 | €30 | €137 | +€107 | +361.1% |
| Financial charges | 65/66B | €5,050 | €3,338 | -€1,713 | -33.9% |
| Recurring financial charges | 65 | €5,050 | €3,338 | -€1,713 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €82,119 | €65,534 | -€16,586 | -20.2% |
| Income taxes | 67/77 | €26,677 | €24,800 | -€1,877 | -7.0% |
| Profit (loss) for the period | 9904 | €55,442 | €40,733 | -€14,708 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,442 | €40,733 | -€14,708 | -26.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.