MH Transport: 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 Transport
Largest movements
- Cash -€11,741
down €11,741 (-96.5%), from €12,167 to €426
mainly Net result for the year (-€17,749) and Investment in fixed assets (net) (-€5,000)
- Receivables within one year -€2,288
down €2,288 (-42.1%), from €5,439 to €3,151
- Tangible fixed assets +€416
up €416 (+3.6%), from €11,677 to €12,092
- Profit (loss) carried forward -€17,749
down €17,749, from €6,376 to -€11,373
- Trade debts +€2,345
up €2,345 (+484%), from €485 to €2,830
- Other debts +€1,247
up €1,247 (+6.6%), from €18,782 to €20,029
- Tax, wage and social debts +€544
up €544 (+33.2%), from €1,640 to €2,184
of which Remuneration and social security: +€1,926
- Turnover -€50,650
no longer reported in 2025 (was €50,650)
- Purchases and services -€44,778
no longer reported in 2025 (was €44,778)
- Gross operating margin -€9,651
down €9,651, from €6,016 to -€3,635
- Taxes +€4,649
new in 2025: €4,649
- Depreciation +€1,616
up €1,616 (+54.5%), from €2,968 to €4,584
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 | €29,282 | €15,670 | -€13,613 | -46.5% |
| Fixed assets | 21/28 | €11,677 | €12,092 | +€416 | +3.6% |
| Tangible fixed assets | 22/27 | €11,677 | €12,092 | +€416 | +3.6% |
| Furniture and vehicles | 24 | €11,677 | €12,092 | +€416 | +3.6% |
| Current assets | 29/58 | €17,606 | €3,577 | -€14,028 | -79.7% |
| Amounts receivable within one year | 40/41 | €5,439 | €3,151 | -€2,288 | -42.1% |
| Trade receivables | 40 | €5,439 | €3,151 | -€2,288 | -42.1% |
| Cash at bank and in hand | 54/58 | €12,167 | €426 | -€11,741 | -96.5% |
| Total equity and liabilities | 10/49 | €29,282 | €15,670 | -€13,613 | -46.5% |
| Equity | 10/15 | €8,376 | -€9,373 | -€17,749 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,376 | -€11,373 | -€17,749 | |
| Amounts payable | 17/49 | €20,907 | €25,043 | +€4,136 | +19.8% |
| Amounts payable within one year | 42/48 | €20,907 | €25,043 | +€4,136 | +19.8% |
| Trade debts | 44 | €485 | €2,830 | +€2,345 | +484% |
| Suppliers | 440/4 | €485 | €2,830 | +€2,345 | +484% |
| Taxes, remuneration and social security | 45 | €1,640 | €2,184 | +€544 | +33.2% |
| Taxes | 450/3 | €1,640 | €258 | -€1,382 | -84.3% |
| Remuneration and social security | 454/9 | - | €1,926 | +€1,926 | |
| Other amounts payable | 47/48 | €18,782 | €20,029 | +€1,247 | +6.6% |
| Turnover | 70 | €50,650 | - | -€50,650 | |
| Non-recurring operating income | 76A | €144 | - | -€144 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,778 | - | -€44,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,968 | €4,584 | +€1,616 | +54.5% |
| Other operating charges | 640/8 | €3,700 | €4,739 | +€1,039 | +28.1% |
| Gross operating margin | 9900 | €6,016 | -€3,635 | -€9,651 | |
| Operating profit (loss) | 9901 | -€652 | -€12,958 | -€12,306 | -1,887% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €33 | €149 | +€116 | +348% |
| Recurring financial charges | 65 | €33 | €149 | +€116 | +348% |
| Profit (loss) for the period before taxes | 9903 | -€685 | -€13,100 | -€12,415 | -1,812% |
| Income taxes | 67/77 | - | €4,649 | +€4,649 | |
| Profit (loss) for the period | 9904 | -€685 | -€17,749 | -€17,063 | -2,490% |
| Profit (loss) for the period to be appropriated | 9905 | -€685 | -€17,749 | -€17,063 | -2,490% |
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 28 October 2026 via checked.be.