MH OTT: 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 OTT
Largest movements
- Cash +€23,724
up €23,724 (+195.5%), from €12,137 to €35,861
mainly Net result for the year (+€20,794) and Tax, wage and social debts (+€4,094)
- Receivables within one year +€6,047
up €6,047 (+22.6%), from €26,776 to €32,823
of which Trade receivables: +€5,466
- Tangible fixed assets -€2,962
down €2,962 (-44.4%), from €6,672 to €3,710
of which Furniture and vehicles: -€2,800
- Reserves +€20,794
up €20,794 (+56.0%), from €37,147 to €57,941
- Tax, wage and social debts +€4,094
up €4,094 (+142.4%), from €2,875 to €6,968
- Trade debts +€1,884
up €1,884 (+313.6%), from €601 to €2,484
- Gross operating margin +€7,369
up €7,369 (+29.0%), from €25,372 to €32,742
- Taxes +€1,551
up €1,551 (+32.3%), from €4,800 to €6,352
- Depreciation +€656
up €656 (+28.4%), from €2,307 to €2,962
- Financial charges +€459
up €459 (+28.2%), from €1,631 to €2,090
- Other operating charges -€348
down €348 (-39.0%), from €892 to €544
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.
Cash bridge derived
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 | €45,622 | €72,394 | +€26,771 | +58.7% |
| Fixed assets | 21/28 | €6,672 | €3,710 | -€2,962 | -44.4% |
| Tangible fixed assets | 22/27 | €6,672 | €3,710 | -€2,962 | -44.4% |
| Plant, machinery and equipment | 23 | €1,275 | €1,112 | -€163 | -12.8% |
| Furniture and vehicles | 24 | €5,398 | €2,598 | -€2,800 | -51.9% |
| Current assets | 29/58 | €38,950 | €68,684 | +€29,734 | +76.3% |
| Amounts receivable within one year | 40/41 | €26,776 | €32,823 | +€6,047 | +22.6% |
| Trade receivables | 40 | €24,986 | €30,452 | +€5,466 | +21.9% |
| Other amounts receivable | 41 | €1,790 | €2,371 | +€581 | +32.5% |
| Cash at bank and in hand | 54/58 | €12,137 | €35,861 | +€23,724 | +195.5% |
| Deferred charges and accrued income | 490/1 | €38 | - | -€38 | |
| Total equity and liabilities | 10/49 | €45,622 | €72,394 | +€26,771 | +58.7% |
| Equity | 10/15 | €42,147 | €62,941 | +€20,794 | +49.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €37,147 | €57,941 | +€20,794 | +56.0% |
| Distributable reserves | 133 | €37,147 | €57,941 | +€20,794 | +56.0% |
| Amounts payable | 17/49 | €3,475 | €9,453 | +€5,977 | +172.0% |
| Amounts payable within one year | 42/48 | €3,475 | €9,453 | +€5,977 | +172.0% |
| Trade debts | 44 | €601 | €2,484 | +€1,884 | +313.6% |
| Suppliers | 440/4 | €601 | €2,484 | +€1,884 | +313.6% |
| Taxes, remuneration and social security | 45 | €2,875 | €6,968 | +€4,094 | +142.4% |
| Taxes | 450/3 | €2,875 | €6,968 | +€4,094 | +142.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,307 | €2,962 | +€656 | +28.4% |
| Other operating charges | 640/8 | €892 | €544 | -€348 | -39.0% |
| Gross operating margin | 9900 | €25,372 | €32,742 | +€7,369 | +29.0% |
| Operating profit (loss) | 9901 | €22,174 | €29,235 | +€7,062 | +31.8% |
| Financial charges | 65/66B | €1,631 | €2,090 | +€459 | +28.2% |
| Recurring financial charges | 65 | €1,631 | €2,090 | +€459 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €20,543 | €27,145 | +€6,602 | +32.1% |
| Income taxes | 67/77 | €4,800 | €6,352 | +€1,551 | +32.3% |
| Profit (loss) for the period | 9904 | €15,743 | €20,794 | +€5,051 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,743 | €20,794 | +€5,051 | +32.1% |
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 9 October 2026 via checked.be.