MHD COMPANY: what changed
MHD COMPANY
Largest movements
- Receivables within one year -€8,470
no longer reported in 2025 (was €8,470)
- Cash +€1,301
up €1,301 (+107%), from €1,214 to €2,515
mainly Receivables within one year (+€8,470) and Net result for the year (+€3,679)
- Other debts -€9,950
down €9,950 (-66.6%), from €14,950 to €5,000
- Profit (loss) carried forward +€3,679
up €3,679 (+13.5%), from -€27,241 to -€23,562
- Tax, wage and social debts -€983
down €983 (-61.5%), from €1,600 to €617
of which Remuneration and social security: -€1,600
- Purchases and services -€41,897
down €41,897 (-94.9%), from €44,141 to €2,245
- Turnover -€40,427
no longer reported in 2025 (was €40,427)
- Gross operating margin +€8,867
up €8,867, from -€3,714 to €5,153
- Depreciation -€8,269
no longer reported in 2025 (was €8,269)
- Financial income -€1,658
no longer reported in 2025 (was €1,658)
of which Non-recurring financial income: -€1,379
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,770 | €2,515 | -€7,255 | -74.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €9,770 | €2,515 | -€7,255 | -74.3% |
| Amounts receivable within one year | 40/41 | €8,470 | - | -€8,470 | |
| Trade receivables | 40 | €8,470 | - | -€8,470 | |
| Cash at bank and in hand | 54/58 | €1,214 | €2,515 | +€1,301 | +107% |
| Deferred charges and accrued income | 490/1 | €86 | - | -€86 | |
| Total equity and liabilities | 10/49 | €9,770 | €2,515 | -€7,255 | -74.3% |
| Equity | 10/15 | -€6,781 | -€3,102 | +€3,679 | +54.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€27,241 | -€23,562 | +€3,679 | +13.5% |
| Amounts payable | 17/49 | €16,550 | €5,617 | -€10,934 | -66.1% |
| Amounts payable within one year | 42/48 | €16,550 | €5,617 | -€10,934 | -66.1% |
| Taxes, remuneration and social security | 45 | €1,600 | €617 | -€983 | -61.5% |
| Taxes | 450/3 | - | €617 | +€617 | |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €14,950 | €5,000 | -€9,950 | -66.6% |
| Turnover | 70 | €40,427 | - | -€40,427 | |
| Non-recurring operating income | 76A | - | €7,397 | +€7,397 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,141 | €2,245 | -€41,897 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,269 | - | -€8,269 | |
| Other operating charges | 640/8 | €2,221 | €1,429 | -€792 | -35.7% |
| Gross operating margin | 9900 | -€3,714 | €5,153 | +€8,867 | |
| Operating profit (loss) | 9901 | -€14,204 | €3,724 | +€17,928 | |
| Financial income | 75/76B | €1,658 | - | -€1,658 | |
| Recurring financial income | 75 | €279 | - | -€279 | |
| Non-recurring financial income | 76B | €1,379 | - | -€1,379 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.8% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,590 | €3,679 | +€16,268 | |
| Profit (loss) for the period | 9904 | -€12,590 | €3,679 | +€16,268 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,590 | €3,679 | +€16,268 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.