MH CONSULTING: 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 CONSULTING
Largest movements
- Cash +€18,697
up €18,697 (+1,220%), from €1,532 to €20,229
mainly Net result for the year (+€23,861) and Other debts (+€17,082)
- Intangible fixed assets +€14,375
new in 2025: €14,375
- Receivables within one year +€10,290
up €10,290 (+1,006%), from €1,023 to €11,314
of which Trade receivables: +€10,906
- Tangible fixed assets +€7,181
up €7,181 (+14,486%), from €50 to €7,230
of which Plant, machinery and equipment: +€6,110
- Deferred charges and accrued income +€996
new in 2025: €996
- Profit (loss) carried forward +€23,028
up €23,028, from -€4,392 to €18,636
- Other debts +€17,082
up €17,082 (+504%), from €3,393 to €20,475
- Tax, wage and social debts +€11,830
new in 2025: €11,830
- Gross operating margin +€38,268
up €38,268, from -€3,565 to €34,703
- Taxes +€5,094
up €5,094 (+885%), from €576 to €5,669
- Financial charges +€2,023
up €2,023 (+1,134%), from €178 to €2,201
- Depreciation +€1,607
up €1,607 (+1,874%), from €86 to €1,692
- Other operating charges +€1,279
new in 2025: €1,279
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 | €2,605 | €54,144 | +€51,539 | +1,979% |
| Fixed assets | 21/28 | €50 | €21,606 | +€21,556 | +43,486% |
| Intangible fixed assets | 21 | - | €14,375 | +€14,375 | |
| Tangible fixed assets | 22/27 | €50 | €7,230 | +€7,181 | +14,486% |
| Plant, machinery and equipment | 23 | - | €6,110 | +€6,110 | |
| Furniture and vehicles | 24 | €50 | - | -€50 | |
| Other tangible fixed assets | 26 | - | €1,120 | +€1,120 | |
| Current assets | 29/58 | €2,555 | €32,538 | +€29,983 | +1,173% |
| Amounts receivable within one year | 40/41 | €1,023 | €11,314 | +€10,290 | +1,006% |
| Trade receivables | 40 | €407 | €11,314 | +€10,906 | +2,679% |
| Other amounts receivable | 41 | €616 | - | -€616 | |
| Cash at bank and in hand | 54/58 | €1,532 | €20,229 | +€18,697 | +1,220% |
| Deferred charges and accrued income | 490/1 | - | €996 | +€996 | |
| Total equity and liabilities | 10/49 | €2,605 | €54,144 | +€51,539 | +1,979% |
| Equity | 10/15 | -€2,392 | €20,636 | +€23,028 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,392 | €18,636 | +€23,028 | |
| Amounts payable | 17/49 | €4,997 | €33,508 | +€28,511 | +571% |
| Amounts payable within one year | 42/48 | €4,997 | €33,508 | +€28,511 | +571% |
| Trade debts | 44 | €1,604 | €1,203 | -€401 | -25.0% |
| Suppliers | 440/4 | €1,604 | €1,203 | -€401 | -25.0% |
| Taxes, remuneration and social security | 45 | - | €11,830 | +€11,830 | |
| Taxes | 450/3 | - | €11,830 | +€11,830 | |
| Other amounts payable | 47/48 | €3,393 | €20,475 | +€17,082 | +504% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €1,692 | +€1,607 | +1,874% |
| Other operating charges | 640/8 | - | €1,279 | +€1,279 | |
| Gross operating margin | 9900 | -€3,565 | €34,703 | +€38,268 | |
| Operating profit (loss) | 9901 | -€3,651 | €31,732 | +€35,382 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €178 | €2,201 | +€2,023 | +1,134% |
| Recurring financial charges | 65 | €178 | €2,201 | +€2,023 | +1,134% |
| Profit (loss) for the period before taxes | 9903 | -€3,829 | €29,531 | +€33,359 | |
| Income taxes | 67/77 | €576 | €5,669 | +€5,094 | +885% |
| Profit (loss) for the period | 9904 | -€4,405 | €23,861 | +€28,266 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,405 | €23,861 | +€28,266 |
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 24 October 2026 via checked.be.