MAB CONST: what changed
MAB CONST
Largest movements
- Receivables within one year +€4,467
up €4,467 (+5.7%), from €78,486 to €82,953
of which Trade receivables: +€4,484
- Cash +€2,451
up €2,451 (+120%), from €2,044 to €4,495
mainly Trade debts (+€5,820) and Net result for the year (+€909)
- Trade debts +€5,820
up €5,820 (+3,558%), from €164 to €5,984
- Profit (loss) carried forward +€909
up €909 (+1.9%), from €47,169 to €48,078
- Purchases and services -€160,227
no longer reported in 2025 (was €160,227)
- Staff costs -€1,437
no longer reported in 2025 (was €1,437)
- Gross operating margin -€560
down €560 (-12.8%), from €4,388 to €3,828
- Other operating charges +€370
up €370 (+208%), from €178 to €548
- Taxes -€270
down €270 (-12.6%), from €2,139 to €1,870
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Current assets | 29/58 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Amounts receivable within one year | 40/41 | €78,486 | €82,953 | +€4,467 | +5.7% |
| Trade receivables | 40 | €6,282 | €10,766 | +€4,484 | +71.4% |
| Other amounts receivable | 41 | €72,203 | €72,187 | -€17 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,044 | €4,495 | +€2,451 | +120% |
| Deferred charges and accrued income | 490/1 | €190 | - | -€190 | |
| Total equity and liabilities | 10/49 | €80,719 | €87,448 | +€6,729 | +8.3% |
| Equity | 10/15 | €80,477 | €81,386 | +€909 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,908 | €20,908 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,048 | €19,048 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,169 | €48,078 | +€909 | +1.9% |
| Amounts payable | 17/49 | €242 | €6,063 | +€5,820 | +2,401% |
| Amounts payable within one year | 42/48 | €242 | €6,063 | +€5,820 | +2,401% |
| Trade debts | 44 | €164 | €5,984 | +€5,820 | +3,558% |
| Suppliers | 440/4 | €164 | €5,984 | +€5,820 | +3,558% |
| Taxes, remuneration and social security | 45 | €79 | €79 | = | 0.0% |
| Taxes | 450/3 | €79 | €79 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,227 | - | -€160,227 | |
| Remuneration, social security and pensions | 62 | €1,437 | - | -€1,437 | |
| Other operating charges | 640/8 | €178 | €548 | +€370 | +208% |
| Gross operating margin | 9900 | €4,388 | €3,828 | -€560 | -12.8% |
| Operating profit (loss) | 9901 | €2,773 | €3,280 | +€506 | +18.3% |
| Financial charges | 65/66B | €490 | €501 | +€12 | +2.4% |
| Recurring financial charges | 65 | €490 | €501 | +€12 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €2,284 | €2,778 | +€495 | +21.7% |
| Income taxes | 67/77 | €2,139 | €1,870 | -€270 | -12.6% |
| Profit (loss) for the period | 9904 | €144 | €909 | +€764 | +530% |
| Profit (loss) for the period to be appropriated | 9905 | €144 | €909 | +€764 | +530% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.