MF Chauffage: 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.
MF Chauffage
Largest movements
- Cash +€29,786
up €29,786 (+45.6%), from €65,295 to €95,082
mainly Net result for the year (+€25,007) and Depreciation (+€6,830)
- Tangible fixed assets -€4,731
down €4,731 (-27.6%), from €17,156 to €12,426
of which Furniture and vehicles: -€5,004
- Receivables within one year +€1,996
up €1,996 (+36.2%), from €5,519 to €7,515
of which Trade receivables: +€2,531
- Reserves +€23,341
up €23,341 (+50.8%), from €45,942 to €69,283
- Trade debts +€5,978
up €5,978 (+2,684%), from €223 to €6,201
- Tax, wage and social debts -€2,153
down €2,153 (-12.6%), from €17,145 to €14,992
of which Taxes: -€2,153
- Gross operating margin -€28,164
down €28,164 (-39.3%), from €71,624 to €43,461
- Taxes -€5,747
down €5,747 (-39.2%), from €14,645 to €8,898
- Financial charges -€842
down €842 (-48.1%), from €1,750 to €909
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 | €89,446 | €116,365 | +€26,918 | +30.1% |
| Fixed assets | 21/28 | €17,156 | €12,426 | -€4,731 | -27.6% |
| Tangible fixed assets | 22/27 | €17,156 | €12,426 | -€4,731 | -27.6% |
| Plant, machinery and equipment | 23 | €6,501 | €6,774 | +€273 | +4.2% |
| Furniture and vehicles | 24 | €10,655 | €5,652 | -€5,004 | -47.0% |
| Current assets | 29/58 | €72,290 | €103,939 | +€31,649 | +43.8% |
| Amounts receivable within one year | 40/41 | €5,519 | €7,515 | +€1,996 | +36.2% |
| Trade receivables | 40 | €4,866 | €7,397 | +€2,531 | +52.0% |
| Other amounts receivable | 41 | €653 | €118 | -€535 | -82.0% |
| Cash at bank and in hand | 54/58 | €65,295 | €95,082 | +€29,786 | +45.6% |
| Deferred charges and accrued income | 490/1 | €1,476 | €1,343 | -€133 | -9.0% |
| Total equity and liabilities | 10/49 | €89,446 | €116,365 | +€26,918 | +30.1% |
| Equity | 10/15 | €50,942 | €74,283 | +€23,341 | +45.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,942 | €69,283 | +€23,341 | +50.8% |
| Distributable reserves | 133 | €45,942 | €69,283 | +€23,341 | +50.8% |
| Amounts payable | 17/49 | €38,504 | €42,081 | +€3,577 | +9.3% |
| Amounts payable within one year | 42/48 | €38,504 | €42,081 | +€3,577 | +9.3% |
| Trade debts | 44 | €223 | €6,201 | +€5,978 | +2,684% |
| Suppliers | 440/4 | €223 | €6,201 | +€5,978 | +2,684% |
| Taxes, remuneration and social security | 45 | €17,145 | €14,992 | -€2,153 | -12.6% |
| Taxes | 450/3 | €14,645 | €12,492 | -€2,153 | -14.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €21,137 | €20,889 | -€248 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,128 | €6,830 | +€702 | +11.5% |
| Other operating charges | 640/8 | €2,461 | €2,454 | -€7 | -0.3% |
| Gross operating margin | 9900 | €71,624 | €43,461 | -€28,164 | -39.3% |
| Operating profit (loss) | 9901 | €63,035 | €34,176 | -€28,859 | -45.8% |
| Financial income | 75/76B | €968 | €637 | -€331 | -34.2% |
| Recurring financial income | 75 | €968 | €637 | -€331 | -34.2% |
| Financial charges | 65/66B | €1,750 | €909 | -€842 | -48.1% |
| Recurring financial charges | 65 | €1,750 | €909 | -€842 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €62,253 | €33,905 | -€28,348 | -45.5% |
| Income taxes | 67/77 | €14,645 | €8,898 | -€5,747 | -39.2% |
| Profit (loss) for the period | 9904 | €47,608 | €25,007 | -€22,601 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,608 | €25,007 | -€22,601 | -47.5% |
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 22 October 2026 via checked.be.