MVS GROUP: 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.
MVS GROUP
Largest movements
- Receivables within one year +€23,509
up €23,509 (+510.3%), from €4,607 to €28,116
of which Trade receivables: +€23,509
- Other debts +€22,953
up €22,953 (+302.9%), from €7,578 to €30,531
- Profit (loss) carried forward +€556
up €556 (+6.8%), from -€8,153 to -€7,597
- Gross operating margin -€1,588
down €1,588 (-74.1%), from €2,144 to €556
- Other operating charges -€582
no longer reported in 2025 (was €582)
- Financial charges -€249
no longer reported in 2025 (was €249)
- Staff costs -€239
no longer reported in 2025 (was €239)
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 | €7,031 | €30,540 | +€23,509 | +334.4% |
| Fixed assets | 21/28 | €1,950 | €1,950 | = | 0.0% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €5,081 | €28,590 | +€23,509 | +462.7% |
| Amounts receivable within one year | 40/41 | €4,607 | €28,116 | +€23,509 | +510.3% |
| Trade receivables | 40 | - | €23,509 | +€23,509 | |
| Other amounts receivable | 41 | €4,607 | €4,607 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €474 | €474 | = | 0.0% |
| Total equity and liabilities | 10/49 | €7,031 | €30,540 | +€23,509 | +334.4% |
| Equity | 10/15 | -€5,153 | -€4,597 | +€556 | +10.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,153 | -€7,597 | +€556 | +6.8% |
| Amounts payable | 17/49 | €12,184 | €35,137 | +€22,953 | +188.4% |
| Amounts payable within one year | 42/48 | €12,184 | €35,137 | +€22,953 | +188.4% |
| Taxes, remuneration and social security | 45 | €4,607 | €4,607 | = | 0.0% |
| Taxes | 450/3 | €4,607 | €4,607 | = | 0.0% |
| Other amounts payable | 47/48 | €7,578 | €30,531 | +€22,953 | +302.9% |
| Remuneration, social security and pensions | 62 | €239 | - | -€239 | |
| Other operating charges | 640/8 | €582 | - | -€582 | |
| Gross operating margin | 9900 | €2,144 | €556 | -€1,588 | -74.1% |
| Operating profit (loss) | 9901 | €1,323 | €556 | -€767 | -58.0% |
| Financial charges | 65/66B | €249 | - | -€249 | |
| Recurring financial charges | 65 | €249 | - | -€249 | |
| Profit (loss) for the period before taxes | 9903 | €1,074 | €556 | -€518 | -48.2% |
| Profit (loss) for the period | 9904 | €1,074 | €556 | -€518 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,074 | €556 | -€518 | -48.2% |
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 12 October 2026 via checked.be.