MH CONSULTANCY: 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 CONSULTANCY
Largest movements
- Tangible fixed assets +€12,171
up €12,171 (+49.2%), from €24,756 to €36,927
of which Furniture and vehicles: +€12,253
- Receivables within one year -€1,502
down €1,502 (-3.5%), from €43,438 to €41,936
of which Trade receivables: -€5,783
- Cash +€1,313
up €1,313 (+3.0%), from €43,543 to €44,856
mainly Debts after one year (+€17,807) and Net result for the year (+€6,625)
- Debts after one year +€17,807
up €17,807 (+164%), from €10,888 to €28,695
- Tax, wage and social debts -€11,447
down €11,447 (-43.7%), from €26,185 to €14,738
of which Taxes: -€9,197
- Profit (loss) carried forward +€6,625
up €6,625 (+12.9%), from €51,228 to €57,853
- Gross operating margin -€19,943
down €19,943 (-44.3%), from €44,976 to €25,033
- Taxes -€4,337
down €4,337 (-58.9%), from €7,362 to €3,025
- Depreciation -€2,358
down €2,358 (-26.7%), from €8,832 to €6,474
- Financial charges -€1,301
down €1,301 (-39.4%), from €3,303 to €2,002
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 | €112,567 | €125,258 | +€12,691 | +11.3% |
| Fixed assets | 21/28 | €24,756 | €37,112 | +€12,356 | +49.9% |
| Tangible fixed assets | 22/27 | €24,756 | €36,927 | +€12,171 | +49.2% |
| Plant, machinery and equipment | 23 | €82 | €0 | -€82 | -100% |
| Furniture and vehicles | 24 | €24,674 | €36,927 | +€12,253 | +49.7% |
| Financial fixed assets | 28 | - | €185 | +€185 | |
| Current assets | 29/58 | €87,811 | €88,146 | +€336 | +0.4% |
| Amounts receivable within one year | 40/41 | €43,438 | €41,936 | -€1,502 | -3.5% |
| Trade receivables | 40 | €25,153 | €19,370 | -€5,783 | -23.0% |
| Other amounts receivable | 41 | €18,285 | €22,566 | +€4,281 | +23.4% |
| Cash at bank and in hand | 54/58 | €43,543 | €44,856 | +€1,313 | +3.0% |
| Deferred charges and accrued income | 490/1 | €830 | €1,354 | +€524 | +63.1% |
| Total equity and liabilities | 10/49 | €112,567 | €125,258 | +€12,691 | +11.3% |
| Equity | 10/15 | €52,728 | €59,353 | +€6,625 | +12.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,228 | €57,853 | +€6,625 | +12.9% |
| Amounts payable | 17/49 | €59,838 | €65,905 | +€6,066 | +10.1% |
| Amounts payable after more than one year | 17 | €10,888 | €28,695 | +€17,807 | +164% |
| Financial debts | 170/4 | €10,888 | €28,695 | +€17,807 | +164% |
| Amounts payable within one year | 42/48 | €48,951 | €37,210 | -€11,741 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €9,210 | €8,034 | -€1,176 | -12.8% |
| Trade debts | 44 | - | €882 | +€882 | |
| Suppliers | 440/4 | - | €882 | +€882 | |
| Advances received on contracts in progress | 46 | €13,555 | €13,555 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,185 | €14,738 | -€11,447 | -43.7% |
| Taxes | 450/3 | €23,935 | €14,738 | -€9,197 | -38.4% |
| Remuneration and social security | 454/9 | €2,250 | €0 | -€2,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,832 | €6,474 | -€2,358 | -26.7% |
| Other operating charges | 640/8 | €528 | €924 | +€396 | +75.1% |
| Non-recurring operating charges | 66A | - | €7,189 | +€7,189 | |
| Gross operating margin | 9900 | €44,976 | €25,033 | -€19,943 | -44.3% |
| Operating profit (loss) | 9901 | €35,616 | €10,446 | -€25,170 | -70.7% |
| Financial income | 75/76B | €810 | €1,206 | +€395 | +48.8% |
| Recurring financial income | 75 | €810 | €1,206 | +€395 | +48.8% |
| Financial charges | 65/66B | €3,303 | €2,002 | -€1,301 | -39.4% |
| Recurring financial charges | 65 | €3,303 | €2,002 | -€1,301 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €33,124 | €9,650 | -€23,474 | -70.9% |
| Income taxes | 67/77 | €7,362 | €3,025 | -€4,337 | -58.9% |
| Profit (loss) for the period | 9904 | €25,762 | €6,625 | -€19,137 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,762 | €6,625 | -€19,137 | -74.3% |
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 15 October 2026 via checked.be.