MVS CONSULT: what changed
MVS CONSULT
Largest movements
- Current investments +€149,047
up €149,047 (+157%), from €95,065 to €244,112
- Cash -€102,550
down €102,550 (-29.0%), from €353,011 to €250,461
mainly Current investments (-€149,047) and Contributions, distributions and other (-€96,947)
- Other debts +€73,695
up €73,695 (+1,698%), from €4,339 to €78,034
- Contributions -€18,000
down €18,000 (-96.8%), from €18,600 to €600
- Reserves -€7,347
down €7,347 (-1.7%), from €437,070 to €429,723
of which Distributable reserves: -€7,347
- Financial charges +€14,745
up €14,745, from -€8,577 to €6,168
- Gross operating margin +€8,508
up €8,508 (+8.2%), from €103,726 to €112,234
- Financial income +€4,925
up €4,925 (+260%), from €1,893 to €6,819
- Depreciation +€2,908
up €2,908 (+104%), from €2,809 to €5,718
- Taxes +€1,483
up €1,483 (+4.4%), from €33,442 to €34,926
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,258 | €522,156 | +€46,897 | +9.9% |
| Fixed assets | 21/28 | €13,764 | €18,718 | +€4,954 | +36.0% |
| Tangible fixed assets | 22/27 | €13,764 | €18,718 | +€4,954 | +36.0% |
| Plant, machinery and equipment | 23 | €1,283 | €702 | -€581 | -45.3% |
| Furniture and vehicles | 24 | €12,481 | €18,016 | +€5,535 | +44.4% |
| Current assets | 29/58 | €461,494 | €503,438 | +€41,943 | +9.1% |
| Amounts receivable within one year | 40/41 | €13,419 | €8,864 | -€4,554 | -33.9% |
| Trade receivables | 40 | €13,419 | €8,864 | -€4,554 | -33.9% |
| Current investments | 50/53 | €95,065 | €244,112 | +€149,047 | +157% |
| Cash at bank and in hand | 54/58 | €353,011 | €250,461 | -€102,550 | -29.0% |
| Total equity and liabilities | 10/49 | €475,258 | €522,156 | +€46,897 | +9.9% |
| Equity | 10/15 | €455,670 | €430,323 | -€25,347 | -5.6% |
| Contributions | 10/11 | €18,600 | €600 | -€18,000 | -96.8% |
| Reserves | 13 | €437,070 | €429,723 | -€7,347 | -1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €437,070 | €429,723 | -€7,347 | -1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,588 | €91,833 | +€72,245 | +369% |
| Amounts payable within one year | 42/48 | €19,588 | €91,833 | +€72,245 | +369% |
| Trade debts | 44 | €1,257 | €2,291 | +€1,035 | +82.3% |
| Suppliers | 440/4 | €1,257 | €2,291 | +€1,035 | +82.3% |
| Taxes, remuneration and social security | 45 | €13,992 | €11,508 | -€2,485 | -17.8% |
| Taxes | 450/3 | €13,992 | €11,508 | -€2,485 | -17.8% |
| Other amounts payable | 47/48 | €4,339 | €78,034 | +€73,695 | +1,698% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,809 | €5,718 | +€2,908 | +104% |
| Other operating charges | 640/8 | €702 | €641 | -€61 | -8.7% |
| Gross operating margin | 9900 | €103,726 | €112,234 | +€8,508 | +8.2% |
| Operating profit (loss) | 9901 | €100,214 | €105,875 | +€5,661 | +5.6% |
| Financial income | 75/76B | €1,893 | €6,819 | +€4,925 | +260% |
| Recurring financial income | 75 | €1,893 | €6,819 | +€4,925 | +260% |
| Financial charges | 65/66B | -€8,577 | €6,168 | +€14,745 | |
| Recurring financial charges | 65 | -€8,577 | €6,168 | +€14,745 | |
| Profit (loss) for the period before taxes | 9903 | €110,684 | €106,526 | -€4,159 | -3.8% |
| Income taxes | 67/77 | €33,442 | €34,926 | +€1,483 | +4.4% |
| Profit (loss) for the period | 9904 | €77,242 | €71,600 | -€5,642 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,242 | €71,600 | -€5,642 | -7.3% |
Next steps
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 3 November 2026 via checked.be.