MAHK Solutions: 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.
MAHK Solutions
Largest movements
- Receivables within one year +€20,016
up €20,016 (+17.9%), from €111,570 to €131,586
of which Other amounts receivable: +€13,509
- Cash -€14,992
down €14,992 (-18.0%), from €83,455 to €68,462
mainly Receivables within one year (-€20,016) and Net result for the year (-€9,125)
- Trade debts +€21,686
up €21,686 (+40.2%), from €54,004 to €75,690
- Profit (loss) carried forward -€9,125
down €9,125 (-32.8%), from €27,862 to €18,737
- Tax, wage and social debts -€7,328
down €7,328 (-93.0%), from €7,884 to €555
of which Taxes: -€7,243
- Turnover +€120,586
new in 2025: €120,586
- Purchases and services +€99,049
new in 2025: €99,049
- Taxes +€28,529
new in 2025: €28,529
- Gross operating margin -€15,209
down €15,209 (-41.4%), from €36,746 to €21,536
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 | €197,750 | €202,982 | +€5,232 | +2.6% |
| Fixed assets | 21/28 | €2,724 | €2,933 | +€209 | +7.7% |
| Tangible fixed assets | 22/27 | €2,211 | €2,420 | +€209 | +9.4% |
| Furniture and vehicles | 24 | €2,211 | €2,420 | +€209 | +9.4% |
| Financial fixed assets | 28 | €513 | €513 | = | 0.0% |
| Current assets | 29/58 | €195,025 | €200,048 | +€5,023 | +2.6% |
| Amounts receivable within one year | 40/41 | €111,570 | €131,586 | +€20,016 | +17.9% |
| Trade receivables | 40 | €62,717 | €69,223 | +€6,507 | +10.4% |
| Other amounts receivable | 41 | €48,854 | €62,363 | +€13,509 | +27.7% |
| Cash at bank and in hand | 54/58 | €83,455 | €68,462 | -€14,992 | -18.0% |
| Total equity and liabilities | 10/49 | €197,750 | €202,982 | +€5,232 | +2.6% |
| Equity | 10/15 | €135,862 | €126,737 | -€9,125 | -6.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €105,000 | €105,000 | = | 0.0% |
| Distributable reserves | 133 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,862 | €18,737 | -€9,125 | -32.8% |
| Amounts payable | 17/49 | €61,888 | €76,245 | +€14,357 | +23.2% |
| Amounts payable within one year | 42/48 | €61,888 | €76,245 | +€14,357 | +23.2% |
| Trade debts | 44 | €54,004 | €75,690 | +€21,686 | +40.2% |
| Suppliers | 440/4 | €54,004 | €75,690 | +€21,686 | +40.2% |
| Taxes, remuneration and social security | 45 | €7,884 | €555 | -€7,328 | -93.0% |
| Taxes | 450/3 | €7,686 | €443 | -€7,243 | -94.2% |
| Remuneration and social security | 454/9 | €198 | €112 | -€86 | -43.4% |
| Turnover | 70 | - | €120,586 | +€120,586 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €99,049 | +€99,049 | |
| Remuneration, social security and pensions | 62 | €2,564 | €3,254 | +€690 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106 | €1,763 | +€657 | +59.4% |
| Gross operating margin | 9900 | €36,746 | €21,536 | -€15,209 | -41.4% |
| Operating profit (loss) | 9901 | €33,076 | €16,519 | -€16,557 | -50.1% |
| Financial income | 75/76B | €2,058 | €2,997 | +€939 | +45.6% |
| Recurring financial income | 75 | €2,058 | €2,997 | +€939 | +45.6% |
| Financial charges | 65/66B | €135 | €113 | -€23 | -16.7% |
| Recurring financial charges | 65 | €135 | €113 | -€23 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €34,999 | €19,404 | -€15,595 | -44.6% |
| Income taxes | 67/77 | - | €28,529 | +€28,529 | |
| Profit (loss) for the period | 9904 | €34,999 | -€9,125 | -€44,124 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,999 | -€9,125 | -€44,124 |
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 20 October 2026 via checked.be.