M-Tec Solutions: 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.
M-Tec Solutions
Largest movements
- Cash +€90,398
up €90,398 (+255.2%), from €35,422 to €125,821
mainly Net result for the year (+€64,885) and Other debts (+€60,611)
- Receivables within one year -€26,973
down €26,973 (-59.0%), from €45,697 to €18,724
of which Trade receivables: -€26,997
- Tangible fixed assets -€2,211
down €2,211 (-32.3%), from €6,852 to €4,641
- Other debts +€60,611
up €60,611 (+83.4%), from €72,646 to €133,257
- Financial income +€12,099
up €12,099 (+1492.4%), from €811 to €12,910
- Gross operating margin -€9,243
down €9,243 (-11.1%), from €83,477 to €74,233
- Financial charges -€1,168
down €1,168 (-40.4%), from €2,892 to €1,724
of which Financial charges: -€1,103
- Depreciation +€919
up €919 (+71.1%), from €1,292 to €2,211
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 | €132,971 | €194,564 | +€61,593 | +46.3% |
| Fixed assets | 21/28 | €6,852 | €4,641 | -€2,211 | -32.3% |
| Tangible fixed assets | 22/27 | €6,852 | €4,641 | -€2,211 | -32.3% |
| Plant, machinery and equipment | 23 | €6,852 | €4,641 | -€2,211 | -32.3% |
| Current assets | 29/58 | €126,119 | €189,923 | +€63,804 | +50.6% |
| Amounts receivable within one year | 40/41 | €45,697 | €18,724 | -€26,973 | -59.0% |
| Trade receivables | 40 | €45,697 | €18,700 | -€26,997 | -59.1% |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Current investments | 50/53 | €45,000 | €45,282 | +€282 | +0.6% |
| Cash at bank and in hand | 54/58 | €35,422 | €125,821 | +€90,398 | +255.2% |
| Deferred charges and accrued income | 490/1 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €132,971 | €194,564 | +€61,593 | +46.3% |
| Equity | 10/15 | €37,350 | €37,350 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Amounts payable | 17/49 | €95,621 | €157,214 | +€61,593 | +64.4% |
| Amounts payable within one year | 42/48 | €95,621 | €157,214 | +€61,593 | +64.4% |
| Financial debts | 43 | €388 | €41 | -€347 | -89.4% |
| Credit institutions | 430/8 | €388 | €41 | -€347 | -89.4% |
| Trade debts | 44 | €1,902 | €2,184 | +€282 | +14.8% |
| Suppliers | 440/4 | €1,902 | €2,184 | +€282 | +14.8% |
| Taxes, remuneration and social security | 45 | €20,686 | €21,733 | +€1,047 | +5.1% |
| Taxes | 450/3 | €20,686 | €21,733 | +€1,047 | +5.1% |
| Other amounts payable | 47/48 | €72,646 | €133,257 | +€60,611 | +83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €2,211 | +€919 | +71.1% |
| Other operating charges | 640/8 | €1,202 | €1,067 | -€135 | -11.3% |
| Gross operating margin | 9900 | €83,477 | €74,233 | -€9,243 | -11.1% |
| Operating profit (loss) | 9901 | €80,983 | €70,956 | -€10,027 | -12.4% |
| Financial income | 75/76B | €811 | €12,910 | +€12,099 | +1492.4% |
| Recurring financial income | 75 | €811 | €12,910 | +€12,099 | +1492.4% |
| Financial charges | 65/66B | €2,892 | €1,724 | -€1,168 | -40.4% |
| Recurring financial charges | 65 | €2,827 | €1,724 | -€1,103 | -39.0% |
| Non-recurring financial charges | 66B | €65 | - | -€65 | |
| Profit (loss) for the period before taxes | 9903 | €78,902 | €82,142 | +€3,240 | +4.1% |
| Income taxes | 67/77 | €17,805 | €17,257 | -€548 | -3.1% |
| Profit (loss) for the period | 9904 | €61,097 | €64,885 | +€3,788 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,097 | €64,885 | +€3,788 | +6.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.