MB CORP: 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.
MB CORP
Largest movements
- Receivables within one year -€9,347
down €9,347 (-57.7%), from €16,200 to €6,853
of which Trade receivables: -€11,406
- Cash +€9,015
up €9,015 (+622%), from €1,449 to €10,464
mainly Receivables within one year (+€9,347) and Net result for the year (+€4,457)
- Deferred charges and accrued income +€682
new in 2025: €682
- Trade debts -€2,901
down €2,901 (-59.5%), from €4,877 to €1,976
- Tax, wage and social debts +€2,824
new in 2025: €2,824
of which Remuneration and social security: +€2,446
- Profit (loss) carried forward +€2,104
up €2,104, from -€1,305 to €798
- Other debts -€1,677
no longer reported in 2025 (was €1,677)
- Depreciation -€7,530
no longer reported in 2025 (was €7,530)
- Gross operating margin +€6,214
up €6,214 (+24.0%), from €25,864 to €32,077
- Staff costs +€3,873
up €3,873 (+561%), from €691 to €4,564
- Other operating charges +€1,808
up €1,808 (+174%), from €1,037 to €2,845
- Financial charges -€488
down €488 (-2.5%), from €19,613 to €19,125
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 | €17,649 | €17,998 | +€349 | +2.0% |
| Current assets | 29/58 | €17,649 | €17,998 | +€349 | +2.0% |
| Amounts receivable within one year | 40/41 | €16,200 | €6,853 | -€9,347 | -57.7% |
| Trade receivables | 40 | €12,191 | €785 | -€11,406 | -93.6% |
| Other amounts receivable | 41 | €4,009 | €6,068 | +€2,059 | +51.4% |
| Cash at bank and in hand | 54/58 | €1,449 | €10,464 | +€9,015 | +622% |
| Deferred charges and accrued income | 490/1 | - | €682 | +€682 | |
| Total equity and liabilities | 10/49 | €17,649 | €17,998 | +€349 | +2.0% |
| Equity | 10/15 | €11,095 | €13,198 | +€2,104 | +19.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,305 | €798 | +€2,104 | |
| Amounts payable | 17/49 | €6,554 | €4,800 | -€1,755 | -26.8% |
| Amounts payable within one year | 42/48 | €6,554 | €4,800 | -€1,755 | -26.8% |
| Trade debts | 44 | €4,877 | €1,976 | -€2,901 | -59.5% |
| Suppliers | 440/4 | €4,877 | €1,976 | -€2,901 | -59.5% |
| Taxes, remuneration and social security | 45 | - | €2,824 | +€2,824 | |
| Taxes | 450/3 | - | €377 | +€377 | |
| Remuneration and social security | 454/9 | - | €2,446 | +€2,446 | |
| Other amounts payable | 47/48 | €1,677 | - | -€1,677 | |
| Remuneration, social security and pensions | 62 | €691 | €4,564 | +€3,873 | +561% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,530 | - | -€7,530 | |
| Other operating charges | 640/8 | €1,037 | €2,845 | +€1,808 | +174% |
| Non-recurring operating charges | 66A | €1,811 | - | -€1,811 | |
| Gross operating margin | 9900 | €25,864 | €32,077 | +€6,214 | +24.0% |
| Operating profit (loss) | 9901 | €14,795 | €24,669 | +€9,874 | +66.7% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €19,613 | €19,125 | -€488 | -2.5% |
| Recurring financial charges | 65 | €19,613 | €19,125 | -€488 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,818 | €5,653 | +€10,471 | |
| Income taxes | 67/77 | €1,309 | €1,196 | -€113 | -8.6% |
| Profit (loss) for the period | 9904 | -€6,127 | €4,457 | +€10,584 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,127 | €4,457 | +€10,584 |
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 24 October 2026 via checked.be.