World MX Training Center: 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.
World MX Training Center
Largest movements
- Tangible fixed assets -€26,147
down €26,147 (-6.1%), from €427,415 to €401,268
of which Land and buildings: -€27,441
- Receivables within one year +€5,752
up €5,752 (+159%), from €3,607 to €9,359
of which Trade receivables: +€5,241
- Debts after one year -€40,946
down €40,946 (-38.2%), from €107,144 to €66,198
of which Financial debts: -€40,946
- Other debts +€15,000
up €15,000 (+10.9%), from €138,000 to €153,000
- Gross operating margin -€9,848
down €9,848 (-21.9%), from €45,011 to €35,163
- Financial income +€1,139
up €1,139 (+174%), from €656 to €1,795
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.
Derived cash bridge
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 | €443,001 | €419,236 | -€23,765 | -5.4% |
| Fixed assets | 21/28 | €427,415 | €401,268 | -€26,147 | -6.1% |
| Tangible fixed assets | 22/27 | €427,415 | €401,268 | -€26,147 | -6.1% |
| Land and buildings | 22 | €426,198 | €398,756 | -€27,441 | -6.4% |
| Plant, machinery and equipment | 23 | €1,218 | €2,512 | +€1,294 | +106% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €15,586 | €17,968 | +€2,382 | +15.3% |
| Amounts receivable within one year | 40/41 | €3,607 | €9,359 | +€5,752 | +159% |
| Trade receivables | 40 | €3,607 | €8,848 | +€5,241 | +145% |
| Other amounts receivable | 41 | - | €511 | +€511 | |
| Cash at bank and in hand | 54/58 | €10,783 | €7,354 | -€3,429 | -31.8% |
| Deferred charges and accrued income | 490/1 | €1,196 | €1,256 | +€60 | +5.0% |
| Total equity and liabilities | 10/49 | €443,001 | €419,236 | -€23,765 | -5.4% |
| Equity | 10/15 | €154,980 | €159,092 | +€4,112 | +2.7% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,020 | -€20,908 | +€4,112 | +16.4% |
| Amounts payable | 17/49 | €288,021 | €260,144 | -€27,877 | -9.7% |
| Amounts payable after more than one year | 17 | €107,144 | €66,198 | -€40,946 | -38.2% |
| Financial debts | 170/4 | €104,144 | €63,198 | -€40,946 | -39.3% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €180,877 | €193,946 | +€13,069 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €42,128 | €40,946 | -€1,182 | -2.8% |
| Trade debts | 44 | €414 | - | -€414 | |
| Suppliers | 440/4 | €414 | - | -€414 | |
| Taxes, remuneration and social security | 45 | €335 | - | -€335 | |
| Taxes | 450/3 | €335 | - | -€335 | |
| Other amounts payable | 47/48 | €138,000 | €153,000 | +€15,000 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,231 | €28,274 | +€42 | +0.1% |
| Other operating charges | 640/8 | €2,215 | €2,283 | +€68 | +3.1% |
| Gross operating margin | 9900 | €45,011 | €35,163 | -€9,848 | -21.9% |
| Operating profit (loss) | 9901 | €14,565 | €4,607 | -€9,958 | -68.4% |
| Financial income | 75/76B | €656 | €1,795 | +€1,139 | +174% |
| Recurring financial income | 75 | €656 | €1,795 | +€1,139 | +174% |
| Financial charges | 65/66B | €2,703 | €2,290 | -€414 | -15.3% |
| Recurring financial charges | 65 | €2,703 | €2,290 | -€414 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €12,518 | €4,112 | -€8,405 | -67.1% |
| Profit (loss) for the period | 9904 | €12,518 | €4,112 | -€8,405 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,518 | €4,112 | -€8,405 | -67.1% |
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 26 October 2026 via checked.be.