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MVS IMPORT: 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.

What changed

MVS IMPORT

BE 0477.715.496
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€40
2024 · €3,712-€3,752
Equity
€97,275
2024 · €97,315-€40
Cash
€1,107
2024 · €5,181-€4,074
Balance sheet total
€241,304
2024 · €236,348+€4,955

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€6,253

    up €6,253 (+4.8%), from €130,146 to €136,399

    of which Plant, machinery and equipment: +€11,391

  • Cash -€4,074

    down €4,074 (-78.6%), from €5,181 to €1,107

    mainly Investment in fixed assets (net) (-€14,427) and Debts after one year (-€7,675)

  • Deferred charges and accrued income +€3,798

    new in 2025: €3,798

Equity and liabilities
  • Other debts +€8,363

    up €8,363 (+159.7%), from €5,236 to €13,599

  • Debts after one year -€7,675

    down €7,675 (-6.1%), from €125,254 to €117,580

  • Trade debts +€3,959

    up €3,959 (+669.8%), from €591 to €4,551

Income statement
  • Gross operating margin -€2,738

    down €2,738 (-13.4%), from €20,471 to €17,733

  • Depreciation +€1,142

    up €1,142 (+16.2%), from €7,031 to €8,173

  • Financial charges -€244

    down €244 (-4.0%), from €6,045 to €5,802

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,712
Gross operating margin -€2,738
Depreciation -€1,142
Other operating charges -€116
Financial income +€0
Financial charges +€244
Result 2025 -€40

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,679
Investment -€14,427
Financing -€7,327
Cash 2024 €5,181
Net result for the year -€40
Depreciation +€8,173
Receivables within one year +€1,022
Deferred charges and accrued income -€3,798
Trade debts +€3,959
Other debts +€8,363
Investment in fixed assets (net) -€14,427
Debts after one year -€7,675
Current portion of long-term debt +€348
Cash 2025 €1,107
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €236,348 €241,304 +€4,955 +2.1%
Fixed assets 21/28 €230,146 €236,399 +€6,253 +2.7%
Tangible fixed assets 22/27 €130,146 €136,399 +€6,253 +4.8%
Land and buildings 22 €130,146 €125,008 -€5,137 -3.9%
Plant, machinery and equipment 23 - €11,391 +€11,391
Financial fixed assets 28 €100,000 €100,000 = 0.0%
Current assets 29/58 €6,203 €4,905 -€1,298 -20.9%
Amounts receivable within one year 40/41 €1,022 €0 -€1,022 -100.0%
Trade receivables 40 €636 €0 -€636 -100.0%
Other amounts receivable 41 €385 €0 -€385 -100.0%
Cash at bank and in hand 54/58 €5,181 €1,107 -€4,074 -78.6%
Deferred charges and accrued income 490/1 - €3,798 +€3,798
Total equity and liabilities 10/49 €236,348 €241,304 +€4,955 +2.1%
Equity 10/15 €97,315 €97,275 -€40 0.0%
Contributions 10/11 €106,200 €106,200 = 0.0%
Reserves 13 €263 €263 = 0.0%
Non-distributable reserves 130/1 €263 €263 = 0.0%
Reserves not available under the articles 1311 €263 €263 = 0.0%
Profit (loss) carried forward 14 -€9,148 -€9,188 -€40 -0.4%
Amounts payable 17/49 €139,033 €144,028 +€4,995 +3.6%
Amounts payable after more than one year 17 €125,254 €117,580 -€7,675 -6.1%
Financial debts 170/4 €125,254 €117,580 -€7,675 -6.1%
Amounts payable within one year 42/48 €13,779 €26,449 +€12,670 +92.0%
Current portion of amounts payable after more than one year 42 €7,952 €8,300 +€348 +4.4%
Trade debts 44 €591 €4,551 +€3,959 +669.8%
Suppliers 440/4 €591 €4,551 +€3,959 +669.8%
Other amounts payable 47/48 €5,236 €13,599 +€8,363 +159.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,031 €8,173 +€1,142 +16.2%
Other operating charges 640/8 €3,682 €3,798 +€116 +3.1%
Gross operating margin 9900 €20,471 €17,733 -€2,738 -13.4%
Operating profit (loss) 9901 €9,757 €5,762 -€3,996 -41.0%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €6,045 €5,802 -€244 -4.0%
Recurring financial charges 65 €6,045 €5,802 -€244 -4.0%
Profit (loss) for the period before taxes 9903 €3,712 -€40 -€3,752
Profit (loss) for the period 9904 €3,712 -€40 -€3,752
Profit (loss) for the period to be appropriated 9905 €3,712 -€40 -€3,752

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.