MVV GROUP: 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.
MVV GROUP
Largest movements
- Receivables within one year +€7,572
up €7,572 (+319.2%), from €2,372 to €9,944
of which Trade receivables: +€6,840
- Cash -€7,556
down €7,556 (-92.6%), from €8,156 to €600
mainly Receivables within one year (-€7,572)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,599
down €3,599 (-99.5%), from €3,615 to €17
- Taxes -€711
down €711 (-99.5%), from €714 to €4
- Financial charges -€44
no longer reported in 2025 (was €44)
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 | €10,528 | €10,544 | +€17 | +0.2% |
| Current assets | 29/58 | €10,528 | €10,544 | +€17 | +0.2% |
| Amounts receivable within one year | 40/41 | €2,372 | €9,944 | +€7,572 | +319.2% |
| Trade receivables | 40 | €100 | €6,940 | +€6,840 | +6840.0% |
| Other amounts receivable | 41 | €2,272 | €3,004 | +€732 | +32.2% |
| Cash at bank and in hand | 54/58 | €8,156 | €600 | -€7,556 | -92.6% |
| Total equity and liabilities | 10/49 | €10,528 | €10,544 | +€17 | +0.2% |
| Equity | 10/15 | €7,857 | €7,870 | +€13 | +0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,857 | €2,870 | +€13 | +0.5% |
| Amounts payable | 17/49 | €2,670 | €2,674 | +€4 | +0.1% |
| Amounts payable within one year | 42/48 | €2,670 | €2,674 | +€4 | +0.1% |
| Taxes, remuneration and social security | 45 | €714 | €718 | +€4 | +0.5% |
| Taxes | 450/3 | €714 | €718 | +€4 | +0.5% |
| Other amounts payable | 47/48 | €1,956 | €1,956 | = | 0.0% |
| Gross operating margin | 9900 | €3,615 | €17 | -€3,599 | -99.5% |
| Operating profit (loss) | 9901 | €3,615 | €17 | -€3,599 | -99.5% |
| Financial charges | 65/66B | €44 | - | -€44 | |
| Recurring financial charges | 65 | €44 | - | -€44 | |
| Profit (loss) for the period before taxes | 9903 | €3,572 | €17 | -€3,555 | -99.5% |
| Income taxes | 67/77 | €714 | €4 | -€711 | -99.5% |
| Profit (loss) for the period | 9904 | €2,857 | €13 | -€2,844 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,857 | €13 | -€2,844 | -99.5% |
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 8 October 2026 via checked.be.