MH TECHNICS: what changed
Two fiscal 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 TECHNICS
Largest movements
- Tangible fixed assets -€9,044
down €9,044 (-8.6%), from €104,837 to €95,792
- Receivables within one year -€8,462
down €8,462 (-19.4%), from €43,580 to €35,118
of which Trade receivables: -€20,125
- Debts after one year -€11,166
down €11,166 (-7.2%), from €154,395 to €143,229
- Profit (loss) carried forward -€6,462
down €6,462 (-20.8%), from -€31,070 to -€37,532
- Gross operating margin -€37,881
down €37,881 (-76.9%), from €49,248 to €11,367
- Other operating charges +€847
up €847 (+54.9%), from €1,543 to €2,389
- Financial income +€811
up €811 (+144.4%), from €562 to €1,374
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,590 | €132,721 | -€16,869 | -11.3% |
| Fixed assets | 21/28 | €104,837 | €95,792 | -€9,044 | -8.6% |
| Tangible fixed assets | 22/27 | €104,837 | €95,792 | -€9,044 | -8.6% |
| Land and buildings | 22 | €104,837 | €95,792 | -€9,044 | -8.6% |
| Current assets | 29/58 | €44,753 | €36,928 | -€7,825 | -17.5% |
| Amounts receivable within one year | 40/41 | €43,580 | €35,118 | -€8,462 | -19.4% |
| Trade receivables | 40 | €29,255 | €9,130 | -€20,125 | -68.8% |
| Other amounts receivable | 41 | €14,325 | €25,989 | +€11,664 | +81.4% |
| Cash at bank and in hand | 54/58 | €731 | €436 | -€295 | -40.3% |
| Deferred charges and accrued income | 490/1 | €442 | €1,374 | +€932 | +211.0% |
| Total equity and liabilities | 10/49 | €149,590 | €132,721 | -€16,869 | -11.3% |
| Equity | 10/15 | -€22,810 | -€29,272 | -€6,462 | -28.3% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,070 | -€37,532 | -€6,462 | -20.8% |
| Amounts payable | 17/49 | €172,400 | €161,992 | -€10,407 | -6.0% |
| Amounts payable after more than one year | 17 | €154,395 | €143,229 | -€11,166 | -7.2% |
| Financial debts | 170/4 | €154,395 | €143,229 | -€11,166 | -7.2% |
| Amounts payable within one year | 42/48 | €17,538 | €18,678 | +€1,139 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €10,757 | €11,166 | +€410 | +3.8% |
| Trade debts | 44 | €6,632 | €7,469 | +€837 | +12.6% |
| Suppliers | 440/4 | €6,632 | €7,469 | +€837 | +12.6% |
| Taxes, remuneration and social security | 45 | €150 | €43 | -€107 | -71.6% |
| Taxes | 450/3 | €150 | €43 | -€107 | -71.6% |
| Accrued charges and deferred income | 492/3 | €466 | €86 | -€381 | -81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €9,044 | = | 0.0% |
| Other operating charges | 640/8 | €1,543 | €2,389 | +€847 | +54.9% |
| Gross operating margin | 9900 | €49,248 | €11,367 | -€37,881 | -76.9% |
| Operating profit (loss) | 9901 | €38,661 | -€67 | -€38,728 | |
| Financial income | 75/76B | €562 | €1,374 | +€811 | +144.4% |
| Recurring financial income | 75 | €562 | €1,374 | +€811 | +144.4% |
| Financial charges | 65/66B | €7,656 | €7,768 | +€112 | +1.5% |
| Recurring financial charges | 65 | €7,656 | €7,768 | +€112 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €31,567 | -€6,462 | -€38,028 | |
| Profit (loss) for the period | 9904 | €31,567 | -€6,462 | -€38,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,567 | -€6,462 | -€38,028 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.