MH SOINS: 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 SOINS
Largest movements
- Intangible fixed assets -€40,500
down €40,500 (-15.0%), from €269,926 to €229,426
- Trade debts -€270,000
down €270,000 (-100.0%), from €270,000 to €0
- Accrued charges and deferred income +€203,274
new in 2025: €203,274
- Debts after one year +€21,821
new in 2025: €21,821
- Current portion of long-term debt +€6,361
new in 2025: €6,361
- Profit (loss) carried forward -€5,590
down €5,590 (-7505.8%), from -€74 to -€5,664
- Gross operating margin +€45,185
new in 2025: €45,185
- Depreciation +€40,769
up €40,769 (+54744.9%), from €74 to €40,843
- Financial charges +€9,537
new in 2025: €9,537
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,926 | €231,362 | -€41,564 | -15.2% |
| Formation expenses | 20 | €1,028 | €685 | -€343 | -33.4% |
| Fixed assets | 21/28 | €269,926 | €229,426 | -€40,500 | -15.0% |
| Intangible fixed assets | 21 | €269,926 | €229,426 | -€40,500 | -15.0% |
| Current assets | 29/58 | €1,971 | €1,250 | -€721 | -36.6% |
| Amounts receivable within one year | 40/41 | €1,971 | €0 | -€1,971 | -100.0% |
| Other amounts receivable | 41 | €1,971 | €0 | -€1,971 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €1,250 | +€1,250 | |
| Total equity and liabilities | 10/49 | €272,926 | €231,362 | -€41,564 | -15.2% |
| Equity | 10/15 | €2,926 | -€2,664 | -€5,590 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74 | -€5,664 | -€5,590 | -7505.8% |
| Amounts payable | 17/49 | €270,000 | €234,026 | -€35,974 | -13.3% |
| Amounts payable after more than one year | 17 | - | €21,821 | +€21,821 | |
| Financial debts | 170/4 | - | €21,821 | +€21,821 | |
| Amounts payable within one year | 42/48 | €270,000 | €8,931 | -€261,069 | -96.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,361 | +€6,361 | |
| Trade debts | 44 | €270,000 | €0 | -€270,000 | -100.0% |
| Suppliers | 440/4 | €270,000 | €0 | -€270,000 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €2,570 | +€2,570 | |
| Taxes | 450/3 | - | €2,570 | +€2,570 | |
| Accrued charges and deferred income | 492/3 | - | €203,274 | +€203,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74 | €40,843 | +€40,769 | +54744.9% |
| Other operating charges | 640/8 | - | €152 | +€152 | |
| Gross operating margin | 9900 | - | €45,185 | +€45,185 | |
| Operating profit (loss) | 9901 | -€74 | €4,190 | +€4,264 | |
| Financial charges | 65/66B | - | €9,537 | +€9,537 | |
| Recurring financial charges | 65 | - | €9,537 | +€9,537 | |
| Profit (loss) for the period before taxes | 9903 | -€74 | -€5,347 | -€5,273 | -7080.4% |
| Income taxes | 67/77 | - | €242 | +€242 | |
| Profit (loss) for the period | 9904 | -€74 | -€5,590 | -€5,515 | -7405.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€74 | -€5,590 | -€5,515 | -7405.8% |
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 12 October 2026 via checked.be.