MB GESTION: 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.
MB GESTION
Largest movements
- Tangible fixed assets -€87,006
down €87,006 (-6.0%), from €1.4m to €1.4m
of which Leasing and similar rights: -€99,900
- Other debts -€1.4m
down €1.4m (-95.0%), from €1.5m to €75,410
- Profit (loss) carried forward +€1.3m
up €1.3m, from -€139,825 to €1.2m
- Current portion of long-term debt +€53,369
up €53,369 (+88.9%), from €60,000 to €113,369
- Financial income +€1.2m
up €1.2m (+3361.7%), from €34,482 to €1.2m
- Gross operating margin +€330,657
up €330,657 (+607.5%), from €54,425 to €385,082
- Depreciation +€47,560
up €47,560 (+89.8%), from €52,952 to €100,512
- Financial charges -€39,353
down €39,353 (-27.6%), from €142,556 to €103,203
- Other operating charges +€18,458
up €18,458 (+55.6%), from €33,224 to €51,682
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 | €4,017,707 | €3,923,188 | -€94,518 | -2.4% |
| Fixed assets | 21/28 | €3,918,248 | €3,819,945 | -€98,303 | -2.5% |
| Tangible fixed assets | 22/27 | €1,447,048 | €1,360,042 | -€87,006 | -6.0% |
| Leasing and similar rights | 25 | €1,447,048 | €1,347,148 | -€99,900 | -6.9% |
| Other tangible fixed assets | 26 | - | €12,894 | +€12,894 | |
| Financial fixed assets | 28 | €2,471,200 | €2,459,903 | -€11,297 | -0.5% |
| Current assets | 29/58 | €99,459 | €103,244 | +€3,785 | +3.8% |
| Amounts receivable within one year | 40/41 | €348 | €31,609 | +€31,261 | +8976.6% |
| Trade receivables | 40 | - | €31,248 | +€31,248 | |
| Other amounts receivable | 41 | €348 | €361 | +€13 | +3.6% |
| Cash at bank and in hand | 54/58 | €95,966 | €68,469 | -€27,497 | -28.7% |
| Deferred charges and accrued income | 490/1 | €3,145 | €3,165 | +€20 | +0.6% |
| Total equity and liabilities | 10/49 | €4,017,707 | €3,923,188 | -€94,518 | -2.4% |
| Equity | 10/15 | €110,175 | €1,433,536 | +€1.3m | +1201.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,825 | €1,183,536 | +€1.3m | |
| Amounts payable | 17/49 | €3,907,532 | €2,489,653 | -€1.4m | -36.3% |
| Amounts payable after more than one year | 17 | €2,260,000 | €2,246,631 | -€13,369 | -0.6% |
| Financial debts | 170/4 | €2,260,000 | €2,246,631 | -€13,369 | -0.6% |
| Amounts payable within one year | 42/48 | €1,629,177 | €243,022 | -€1.4m | -85.1% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €113,369 | +€53,369 | +88.9% |
| Trade debts | 44 | €69,204 | €52,492 | -€16,712 | -24.1% |
| Suppliers | 440/4 | €69,204 | €52,492 | -€16,712 | -24.1% |
| Taxes, remuneration and social security | 45 | €1,492 | €1,751 | +€259 | +17.4% |
| Taxes | 450/3 | €1,492 | €1,751 | +€259 | +17.4% |
| Other amounts payable | 47/48 | €1,498,481 | €75,410 | -€1.4m | -95.0% |
| Accrued charges and deferred income | 492/3 | €18,355 | - | -€18,355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,952 | €100,512 | +€47,560 | +89.8% |
| Other operating charges | 640/8 | €33,224 | €51,682 | +€18,458 | +55.6% |
| Gross operating margin | 9900 | €54,425 | €385,082 | +€330,657 | +607.5% |
| Operating profit (loss) | 9901 | -€31,752 | €232,888 | +€264,640 | |
| Financial income | 75/76B | €34,482 | €1,193,675 | +€1.2m | +3361.7% |
| Recurring financial income | 75 | €34,482 | €1,193,675 | +€1.2m | +3361.7% |
| Financial charges | 65/66B | €142,556 | €103,203 | -€39,353 | -27.6% |
| Recurring financial charges | 65 | €142,556 | €103,203 | -€39,353 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€139,825 | €1,323,361 | +€1.5m | |
| Profit (loss) for the period | 9904 | -€139,825 | €1,323,361 | +€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€139,825 | €1,323,361 | +€1.5m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.