M-Techniconsult: 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-Techniconsult
Largest movements
- Cash +€123,230
up €123,230 (+87.0%), from €141,584 to €264,814
mainly Other debts (+€167,197) and Net result for the year (+€70,428)
- Current investments -€45,582
down €45,582 (-91.0%), from €50,097 to €4,515
- Tangible fixed assets +€43,108
up €43,108 (+999%), from €4,316 to €47,424
- Receivables within one year -€13,134
down €13,134 (-46.6%), from €28,205 to €15,071
of which Trade receivables: -€13,596
- Other debts +€167,197
up €167,197 (+7,504%), from €2,228 to €169,425
- Reserves -€124,814
down €124,814 (-63.9%), from €195,242 to €70,428
- Debts after one year +€30,586
new in 2025: €30,586
- Tax, wage and social debts +€27,734
up €27,734 (+119%), from €23,360 to €51,094
of which Taxes: +€27,734
- Current portion of long-term debt +€7,654
new in 2025: €7,654
- Financial income +€10,706
up €10,706 (+534%), from €2,006 to €12,712
- Gross operating margin -€9,596
down €9,596 (-10.0%), from €95,545 to €85,949
- Depreciation +€6,728
up €6,728 (+357%), from €1,887 to €8,615
- Taxes -€1,737
down €1,737 (-8.7%), from €20,000 to €18,263
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 | €224,202 | €332,187 | +€107,985 | +48.2% |
| Fixed assets | 21/28 | €4,316 | €47,424 | +€43,108 | +999% |
| Tangible fixed assets | 22/27 | €4,316 | €47,424 | +€43,108 | +999% |
| Furniture and vehicles | 24 | €4,316 | €47,424 | +€43,108 | +999% |
| Current assets | 29/58 | €219,886 | €284,763 | +€64,877 | +29.5% |
| Amounts receivable within one year | 40/41 | €28,205 | €15,071 | -€13,134 | -46.6% |
| Trade receivables | 40 | €28,201 | €14,605 | -€13,596 | -48.2% |
| Other amounts receivable | 41 | €4 | €466 | +€462 | +11,550% |
| Current investments | 50/53 | €50,097 | €4,515 | -€45,582 | -91.0% |
| Cash at bank and in hand | 54/58 | €141,584 | €264,814 | +€123,230 | +87.0% |
| Deferred charges and accrued income | 490/1 | - | €363 | +€363 | |
| Total equity and liabilities | 10/49 | €224,202 | €332,187 | +€107,985 | +48.2% |
| Equity | 10/15 | €198,242 | €73,428 | -€124,814 | -63.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €195,242 | €70,428 | -€124,814 | -63.9% |
| Distributable reserves | 133 | €195,242 | €70,428 | -€124,814 | -63.9% |
| Amounts payable | 17/49 | €25,960 | €258,759 | +€232,799 | +897% |
| Amounts payable after more than one year | 17 | - | €30,586 | +€30,586 | |
| Financial debts | 170/4 | - | €30,586 | +€30,586 | |
| Amounts payable within one year | 42/48 | €25,960 | €228,173 | +€202,213 | +779% |
| Current portion of amounts payable after more than one year | 42 | - | €7,654 | +€7,654 | |
| Trade debts | 44 | €372 | - | -€372 | |
| Suppliers | 440/4 | €372 | - | -€372 | |
| Taxes, remuneration and social security | 45 | €23,360 | €51,094 | +€27,734 | +119% |
| Taxes | 450/3 | €21,160 | €48,894 | +€27,734 | +131% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €2,228 | €169,425 | +€167,197 | +7,504% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €8,615 | +€6,728 | +357% |
| Other operating charges | 640/8 | €740 | €244 | -€496 | -67.0% |
| Gross operating margin | 9900 | €95,545 | €85,949 | -€9,596 | -10.0% |
| Operating profit (loss) | 9901 | €92,918 | €77,090 | -€15,828 | -17.0% |
| Financial income | 75/76B | €2,006 | €12,712 | +€10,706 | +534% |
| Recurring financial income | 75 | €2,006 | €12,712 | +€10,706 | +534% |
| Financial charges | 65/66B | €210 | €1,111 | +€901 | +429% |
| Recurring financial charges | 65 | €210 | €1,111 | +€901 | +429% |
| Profit (loss) for the period before taxes | 9903 | €94,714 | €88,691 | -€6,023 | -6.4% |
| Income taxes | 67/77 | €20,000 | €18,263 | -€1,737 | -8.7% |
| Profit (loss) for the period | 9904 | €74,714 | €70,428 | -€4,286 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,714 | €70,428 | -€4,286 | -5.7% |
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 25 October 2026 via checked.be.