M & H PARTNERS: 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.
M & H PARTNERS
Largest movements
- Receivables within one year +€354
up €354 (+41.3%), from €856 to €1,209
- Other debts +€2,025
up €2,025 (+17.3%), from €11,738 to €13,763
- Profit (loss) carried forward -€1,941
down €1,941 (-19.7%), from -€9,863 to -€11,804
- Trade debts +€259
new in 2025: €259
- Gross operating margin -€319
down €319 (-22.3%), from -€1,430 to -€1,750
- Financial charges +€29
up €29 (+17.6%), from €163 to €192
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 | €3,875 | €4,218 | +€343 | +8.8% |
| Fixed assets | 21/28 | €3,000 | €3,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €875 | €1,218 | +€343 | +39.2% |
| Amounts receivable within one year | 40/41 | €856 | €1,209 | +€354 | +41.3% |
| Other amounts receivable | 41 | €856 | €1,209 | +€354 | +41.3% |
| Cash at bank and in hand | 54/58 | €19 | €8 | -€11 | -57.6% |
| Total equity and liabilities | 10/49 | €3,875 | €4,218 | +€343 | +8.8% |
| Equity | 10/15 | -€7,863 | -€9,804 | -€1,941 | -24.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,863 | -€11,804 | -€1,941 | -19.7% |
| Amounts payable | 17/49 | €11,738 | €14,022 | +€2,284 | +19.5% |
| Amounts payable within one year | 42/48 | €11,738 | €14,022 | +€2,284 | +19.5% |
| Trade debts | 44 | - | €259 | +€259 | |
| Suppliers | 440/4 | - | €259 | +€259 | |
| Other amounts payable | 47/48 | €11,738 | €13,763 | +€2,025 | +17.3% |
| Gross operating margin | 9900 | -€1,430 | -€1,750 | -€319 | -22.3% |
| Operating profit (loss) | 9901 | -€1,430 | -€1,750 | -€319 | -22.3% |
| Financial charges | 65/66B | €163 | €192 | +€29 | +17.6% |
| Recurring financial charges | 65 | €163 | €192 | +€29 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,593 | -€1,941 | -€348 | -21.8% |
| Profit (loss) for the period | 9904 | -€1,593 | -€1,941 | -€348 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,593 | -€1,941 | -€348 | -21.8% |
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 18 October 2026 via checked.be.