MAH CONSULT: 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.
MAH CONSULT
Largest movements
- Cash +€24,057
up €24,057 (+198.5%), from €12,117 to €36,175
mainly Net result for the year (+€15,737) and Tax, wage and social debts (+€8,420)
- Receivables within one year +€941
up €941 (+19.1%), from €4,927 to €5,868
of which Trade receivables: +€2,582
- Tangible fixed assets -€619
down €619 (-40.1%), from €1,542 to €924
- Reserves +€15,737
up €15,737 (+190.2%), from €8,274 to €24,011
- Tax, wage and social debts +€8,420
up €8,420 (+100.8%), from €8,355 to €16,775
- Gross operating margin +€5,271
up €5,271 (+28.6%), from €18,442 to €23,713
- Other operating charges -€2,263
down €2,263 (-81.1%), from €2,791 to €528
- Depreciation +€304
up €304 (+96.8%), from €315 to €619
- Taxes -€241
down €241 (-3.5%), from €6,972 to €6,730
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 | €21,201 | €45,588 | +€24,387 | +115.0% |
| Fixed assets | 21/28 | €1,542 | €924 | -€619 | -40.1% |
| Tangible fixed assets | 22/27 | €1,542 | €924 | -€619 | -40.1% |
| Furniture and vehicles | 24 | €1,542 | €924 | -€619 | -40.1% |
| Current assets | 29/58 | €19,659 | €44,665 | +€25,006 | +127.2% |
| Amounts receivable within one year | 40/41 | €4,927 | €5,868 | +€941 | +19.1% |
| Trade receivables | 40 | €3,275 | €5,857 | +€2,582 | +78.8% |
| Other amounts receivable | 41 | €1,652 | €11 | -€1,641 | -99.4% |
| Cash at bank and in hand | 54/58 | €12,117 | €36,175 | +€24,057 | +198.5% |
| Deferred charges and accrued income | 490/1 | €2,615 | €2,623 | +€8 | +0.3% |
| Total equity and liabilities | 10/49 | €21,201 | €45,588 | +€24,387 | +115.0% |
| Equity | 10/15 | €11,275 | €27,012 | +€15,737 | +139.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,274 | €24,011 | +€15,737 | +190.2% |
| Distributable reserves | 133 | €8,274 | €24,011 | +€15,737 | +190.2% |
| Profit (loss) carried forward | 14 | €1 | €1 | +€0 | +58.9% |
| Amounts payable | 17/49 | €9,926 | €18,576 | +€8,650 | +87.1% |
| Amounts payable within one year | 42/48 | €9,889 | €18,576 | +€8,687 | +87.8% |
| Trade debts | 44 | €1,535 | €1,428 | -€107 | -7.0% |
| Suppliers | 440/4 | €1,535 | €1,428 | -€107 | -7.0% |
| Taxes, remuneration and social security | 45 | €8,355 | €16,775 | +€8,420 | +100.8% |
| Taxes | 450/3 | €8,355 | €16,775 | +€8,420 | +100.8% |
| Other amounts payable | 47/48 | €0 | €374 | +€374 | |
| Accrued charges and deferred income | 492/3 | €37 | €0 | -€37 | -100.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €619 | +€304 | +96.8% |
| Other operating charges | 640/8 | €2,791 | €528 | -€2,263 | -81.1% |
| Gross operating margin | 9900 | €18,442 | €23,713 | +€5,271 | +28.6% |
| Operating profit (loss) | 9901 | €15,336 | €22,566 | +€7,230 | +47.1% |
| Financial income | 75/76B | €0 | €54 | +€54 | +538500.0% |
| Recurring financial income | 75 | €0 | €54 | +€54 | +538500.0% |
| Financial charges | 65/66B | €90 | €152 | +€62 | +69.4% |
| Recurring financial charges | 65 | €90 | €152 | +€62 | +69.4% |
| Profit (loss) for the period before taxes | 9903 | €15,247 | €22,468 | +€7,221 | +47.4% |
| Income taxes | 67/77 | €6,972 | €6,730 | -€241 | -3.5% |
| Profit (loss) for the period | 9904 | €8,275 | €15,737 | +€7,463 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,275 | €15,737 | +€7,463 | +90.2% |
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 9 October 2026 via checked.be.