Mh2 Architectes: 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.
Mh2 Architectes
Largest movements
- Receivables within one year +€40,293
up €40,293 (+50.5%), from €79,717 to €120,010
of which Other amounts receivable: +€23,182
- Cash -€29,911
down €29,911 (-100%), from €29,911 to €0
mainly Receivables within one year (-€40,293) and Contributions, distributions and other (-€24,400)
- Tangible fixed assets -€1,979
down €1,979 (-30.1%), from €6,565 to €4,586
of which Furniture and vehicles: -€3,432
- Deferred charges and accrued income -€1,348
down €1,348 (-61.5%), from €2,193 to €845
- Reserves -€24,400
down €24,400 (-50.9%), from €47,898 to €23,498
- Other debts +€24,400
new in 2025: €24,400
- Profit (loss) carried forward -€9,775
down €9,775 (-46.9%), from €20,847 to €11,071
- Short-term financial debts +€8,290
new in 2025: €8,290
- Trade debts +€6,209
up €6,209 (+45.1%), from €13,755 to €19,963
- Gross operating margin -€50,333
down €50,333, from €46,695 to -€3,638
- Taxes -€13,010
down €13,010 (-95.8%), from €13,576 to €566
- Depreciation -€8,425
down €8,425 (-70.6%), from €11,934 to €3,509
- Financial charges +€1,463
up €1,463 (+108%), from €1,359 to €2,822
- Financial income -€749
down €749 (-20.3%), from €3,687 to €2,938
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 | €118,435 | €125,491 | +€7,056 | +6.0% |
| Fixed assets | 21/28 | €6,615 | €4,636 | -€1,979 | -29.9% |
| Tangible fixed assets | 22/27 | €6,565 | €4,586 | -€1,979 | -30.1% |
| Furniture and vehicles | 24 | €6,565 | €3,133 | -€3,432 | -52.3% |
| Other tangible fixed assets | 26 | - | €1,453 | +€1,453 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €111,820 | €120,855 | +€9,035 | +8.1% |
| Amounts receivable within one year | 40/41 | €79,717 | €120,010 | +€40,293 | +50.5% |
| Trade receivables | 40 | €10,194 | €27,306 | +€17,112 | +168% |
| Other amounts receivable | 41 | €69,523 | €92,704 | +€23,182 | +33.3% |
| Cash at bank and in hand | 54/58 | €29,911 | €0 | -€29,911 | -100% |
| Deferred charges and accrued income | 490/1 | €2,193 | €845 | -€1,348 | -61.5% |
| Total equity and liabilities | 10/49 | €118,435 | €125,491 | +€7,056 | +6.0% |
| Equity | 10/15 | €74,945 | €40,769 | -€34,176 | -45.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,898 | €23,498 | -€24,400 | -50.9% |
| Distributable reserves | 133 | €47,898 | €23,498 | -€24,400 | -50.9% |
| Profit (loss) carried forward | 14 | €20,847 | €11,071 | -€9,775 | -46.9% |
| Amounts payable | 17/49 | €43,490 | €84,722 | +€41,232 | +94.8% |
| Amounts payable after more than one year | 17 | €3,107 | €0 | -€3,107 | -100% |
| Financial debts | 170/4 | €3,107 | €0 | -€3,107 | -100% |
| Amounts payable within one year | 42/48 | €40,384 | €84,422 | +€44,038 | +109% |
| Current portion of amounts payable after more than one year | 42 | €2,963 | €3,107 | +€143 | +4.8% |
| Financial debts | 43 | - | €8,290 | +€8,290 | |
| Credit institutions | 430/8 | - | €8,290 | +€8,290 | |
| Trade debts | 44 | €13,755 | €19,963 | +€6,209 | +45.1% |
| Suppliers | 440/4 | €13,755 | €19,963 | +€6,209 | +45.1% |
| Taxes, remuneration and social security | 45 | €23,666 | €28,661 | +€4,995 | +21.1% |
| Taxes | 450/3 | €21,416 | €25,961 | +€4,545 | +21.2% |
| Remuneration and social security | 454/9 | €2,250 | €2,700 | +€450 | +20.0% |
| Other amounts payable | 47/48 | - | €24,400 | +€24,400 | |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Non-recurring operating income | 76A | - | €6,511 | +€6,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,934 | €3,509 | -€8,425 | -70.6% |
| Other operating charges | 640/8 | €1,875 | €2,179 | +€304 | +16.2% |
| Gross operating margin | 9900 | €46,695 | -€3,638 | -€50,333 | |
| Operating profit (loss) | 9901 | €32,887 | -€9,325 | -€42,212 | |
| Financial income | 75/76B | €3,687 | €2,938 | -€749 | -20.3% |
| Recurring financial income | 75 | €3,687 | €2,938 | -€749 | -20.3% |
| Financial charges | 65/66B | €1,359 | €2,822 | +€1,463 | +108% |
| Recurring financial charges | 65 | €1,359 | €2,822 | +€1,463 | +108% |
| Profit (loss) for the period before taxes | 9903 | €35,214 | -€9,209 | -€44,423 | |
| Income taxes | 67/77 | €13,576 | €566 | -€13,010 | -95.8% |
| Profit (loss) for the period | 9904 | €21,638 | -€9,775 | -€31,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,638 | -€9,775 | -€31,413 |
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 27 October 2026 via checked.be.