MHC Consult: 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.
MHC Consult
Largest movements
- Cash +€65,512
up €65,512 (+164.9%), from €39,735 to €105,246
mainly Net result for the year (+€61,928) and Tax, wage and social debts (+€11,067)
- Receivables within one year +€7,150
up €7,150 (+131.4%), from €5,441 to €12,591
of which Trade receivables: +€5,487
- Profit (loss) carried forward +€61,928
up €61,928 (+204.0%), from €30,350 to €92,278
- Tax, wage and social debts +€11,067
up €11,067 (+99.8%), from €11,094 to €22,161
- Gross operating margin +€38,798
up €38,798 (+99.1%), from €39,149 to €77,947
- Taxes +€8,070
up €8,070 (+103.6%), from €7,788 to €15,858
- Depreciation -€900
no longer reported in 2025 (was €900)
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 | €45,276 | €118,043 | +€72,767 | +160.7% |
| Current assets | 29/58 | €45,276 | €118,043 | +€72,767 | +160.7% |
| Amounts receivable within one year | 40/41 | €5,441 | €12,591 | +€7,150 | +131.4% |
| Trade receivables | 40 | €5,040 | €10,527 | +€5,487 | +108.9% |
| Other amounts receivable | 41 | €402 | €2,064 | +€1,662 | +413.8% |
| Cash at bank and in hand | 54/58 | €39,735 | €105,246 | +€65,512 | +164.9% |
| Deferred charges and accrued income | 490/1 | €100 | €206 | +€106 | +105.8% |
| Total equity and liabilities | 10/49 | €45,276 | €118,043 | +€72,767 | +160.7% |
| Equity | 10/15 | €31,850 | €93,778 | +€61,928 | +194.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,350 | €92,278 | +€61,928 | +204.0% |
| Amounts payable | 17/49 | €13,426 | €24,265 | +€10,839 | +80.7% |
| Amounts payable within one year | 42/48 | €13,426 | €24,265 | +€10,839 | +80.7% |
| Trade debts | 44 | €2,332 | €2,103 | -€228 | -9.8% |
| Suppliers | 440/4 | €2,332 | €2,103 | -€228 | -9.8% |
| Taxes, remuneration and social security | 45 | €11,094 | €22,161 | +€11,067 | +99.8% |
| Taxes | 450/3 | €11,094 | €22,161 | +€11,067 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | - | -€900 | |
| Other operating charges | 640/8 | - | €23 | +€23 | |
| Gross operating margin | 9900 | €39,149 | €77,947 | +€38,798 | +99.1% |
| Operating profit (loss) | 9901 | €38,249 | €77,924 | +€39,674 | +103.7% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €111 | €159 | +€48 | +43.0% |
| Recurring financial charges | 65 | €111 | €159 | +€48 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €38,138 | €77,787 | +€39,649 | +104.0% |
| Income taxes | 67/77 | €7,788 | €15,858 | +€8,070 | +103.6% |
| Profit (loss) for the period | 9904 | €30,350 | €61,928 | +€31,579 | +104.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,350 | €61,928 | +€31,579 | +104.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.