MH AND PRO: 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.
MH AND PRO
Largest movements
- Cash +€15,847
up €15,847 (+52.4%), from €30,227 to €46,074
mainly Receivables within one year (+€11,943) and Other debts (+€4,611)
- Receivables within one year -€11,943
down €11,943 (-79.4%), from €15,043 to €3,100
of which Trade receivables: -€12,445
- Other debts +€4,611
up €4,611 (+10,412%), from €44 to €4,655
- Gross operating margin -€4,216
down €4,216 (-61.6%), from €6,843 to €2,627
- Taxes +€738
up €738 (+125%), from €591 to €1,330
- Financial charges +€74
up €74 (+20.8%), from €356 to €430
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 | €50,975 | €55,634 | +€4,658 | +9.1% |
| Fixed assets | 21/28 | €92 | €616 | +€524 | +573% |
| Financial fixed assets | 28 | €92 | €616 | +€524 | +573% |
| Current assets | 29/58 | €50,884 | €55,018 | +€4,134 | +8.1% |
| Stocks and contracts in progress | 3 | €5,613 | €5,843 | +€230 | +4.1% |
| Stocks | 30/36 | €5,613 | €5,843 | +€230 | +4.1% |
| Amounts receivable within one year | 40/41 | €15,043 | €3,100 | -€11,943 | -79.4% |
| Trade receivables | 40 | €15,000 | €2,555 | -€12,445 | -83.0% |
| Other amounts receivable | 41 | €43 | €545 | +€502 | +1,156% |
| Cash at bank and in hand | 54/58 | €30,227 | €46,074 | +€15,847 | +52.4% |
| Total equity and liabilities | 10/49 | €50,975 | €55,634 | +€4,658 | +9.1% |
| Equity | 10/15 | €49,861 | €50,328 | +€467 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,401 | €29,868 | +€467 | +1.6% |
| Amounts payable | 17/49 | €1,114 | €5,305 | +€4,191 | +376% |
| Amounts payable within one year | 42/48 | €1,114 | €5,305 | +€4,191 | +376% |
| Trade debts | 44 | €765 | €346 | -€419 | -54.8% |
| Suppliers | 440/4 | €765 | €346 | -€419 | -54.8% |
| Taxes, remuneration and social security | 45 | €305 | €305 | = | 0.0% |
| Taxes | 450/3 | €305 | €305 | = | 0.0% |
| Other amounts payable | 47/48 | €44 | €4,655 | +€4,611 | +10,412% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,843 | €2,627 | -€4,216 | -61.6% |
| Operating profit (loss) | 9901 | €6,455 | €2,227 | -€4,229 | -65.5% |
| Financial charges | 65/66B | €356 | €430 | +€74 | +20.8% |
| Recurring financial charges | 65 | €356 | €430 | +€74 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €6,099 | €1,797 | -€4,303 | -70.5% |
| Income taxes | 67/77 | €591 | €1,330 | +€738 | +125% |
| Profit (loss) for the period | 9904 | €5,508 | €467 | -€5,041 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,508 | €467 | -€5,041 | -91.5% |
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 29 October 2026 via checked.be.