MH MANAGEMENT & 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 MANAGEMENT & CONSULTING
Largest movements
- Cash +€22,674
up €22,674 (+461%), from €4,923 to €27,597
mainly Other debts (+€27,141) and Depreciation (+€10,777)
- Tangible fixed assets -€10,777
down €10,777 (-23.9%), from €45,075 to €34,298
of which Furniture and vehicles: -€9,152
- Receivables within one year +€8,063
up €8,063 (+97.7%), from €8,251 to €16,313
of which Trade receivables: +€11,807
- Other debts +€27,141
up €27,141 (+91.2%), from €29,772 to €56,913
- Profit (loss) carried forward -€7,601
down €7,601 (-7.2%), from -€106,223 to -€113,824
- Gross operating margin +€33,450
up €33,450, from -€26,652 to €6,798
- Depreciation +€2,283
up €2,283 (+26.9%), from €8,495 to €10,777
- Financial charges +€1,786
up €1,786 (+378%), from €473 to €2,259
- Other operating charges -€686
down €686 (-48.1%), from €1,425 to €739
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 | €59,713 | €79,948 | +€20,235 | +33.9% |
| Fixed assets | 21/28 | €45,075 | €34,298 | -€10,777 | -23.9% |
| Tangible fixed assets | 22/27 | €45,075 | €34,298 | -€10,777 | -23.9% |
| Land and buildings | 22 | €10,239 | €8,692 | -€1,547 | -15.1% |
| Plant, machinery and equipment | 23 | €79 | €0 | -€79 | -100% |
| Furniture and vehicles | 24 | €33,058 | €23,906 | -€9,152 | -27.7% |
| Other tangible fixed assets | 26 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €14,637 | €45,650 | +€31,013 | +212% |
| Amounts receivable within one year | 40/41 | €8,251 | €16,313 | +€8,063 | +97.7% |
| Trade receivables | 40 | €193 | €12,000 | +€11,807 | +6,114% |
| Other amounts receivable | 41 | €8,058 | €4,313 | -€3,744 | -46.5% |
| Cash at bank and in hand | 54/58 | €4,923 | €27,597 | +€22,674 | +461% |
| Deferred charges and accrued income | 490/1 | €1,464 | €1,740 | +€276 | +18.9% |
| Total equity and liabilities | 10/49 | €59,713 | €79,948 | +€20,235 | +33.9% |
| Equity | 10/15 | €28,481 | €20,880 | -€7,601 | -26.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €116,154 | €116,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €114,299 | €114,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,223 | -€113,824 | -€7,601 | -7.2% |
| Amounts payable | 17/49 | €31,232 | €59,068 | +€27,836 | +89.1% |
| Amounts payable within one year | 42/48 | €31,232 | €59,068 | +€27,836 | +89.1% |
| Trade debts | 44 | €0 | €562 | +€562 | |
| Suppliers | 440/4 | €0 | €562 | +€562 | |
| Taxes, remuneration and social security | 45 | €1,460 | €1,593 | +€133 | +9.1% |
| Taxes | 450/3 | €1,460 | €1,593 | +€133 | +9.1% |
| Other amounts payable | 47/48 | €29,772 | €56,913 | +€27,141 | +91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,495 | €10,777 | +€2,283 | +26.9% |
| Other operating charges | 640/8 | €1,425 | €739 | -€686 | -48.1% |
| Gross operating margin | 9900 | -€26,652 | €6,798 | +€33,450 | |
| Operating profit (loss) | 9901 | -€36,571 | -€4,718 | +€31,853 | +87.1% |
| Financial income | 75/76B | €3 | €239 | +€235 | +6,755% |
| Recurring financial income | 75 | €3 | €239 | +€235 | +6,755% |
| Financial charges | 65/66B | €473 | €2,259 | +€1,786 | +378% |
| Recurring financial charges | 65 | €473 | €2,259 | +€1,786 | +378% |
| Profit (loss) for the period before taxes | 9903 | -€37,041 | -€6,739 | +€30,302 | +81.8% |
| Income taxes | 67/77 | €731 | €862 | +€131 | +17.9% |
| Profit (loss) for the period | 9904 | -€37,772 | -€7,601 | +€30,171 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,772 | -€7,601 | +€30,171 | +79.9% |
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 26 October 2026 via checked.be.