MHH: 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.
MHH
Largest movements
- Cash +€8,573
up €8,573 (+8375.9%), from €102 to €8,675
mainly Stocks and contracts (+€4,550) and Depreciation (+€3,499)
- Stocks and contracts -€4,550
down €4,550 (-7.9%), from €57,346 to €52,796
- Tangible fixed assets -€3,499
no longer reported in 2024 (was €3,499)
- Profit (loss) carried forward +€1,291
up €1,291 (+3.1%), from €42,255 to €43,546
- Tax, wage and social debts -€766
down €766 (-74.3%), from €1,032 to €265
- Gross operating margin -€1,839
down €1,839 (-27.7%), from €6,628 to €4,789
- Other operating charges -€132
no longer reported in 2024 (was €132)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,947 | €61,471 | +€524 | +0.9% |
| Fixed assets | 21/28 | €3,499 | - | -€3,499 | |
| Tangible fixed assets | 22/27 | €3,499 | - | -€3,499 | |
| Furniture and vehicles | 24 | €3,499 | - | -€3,499 | |
| Current assets | 29/58 | €57,448 | €61,471 | +€4,023 | +7.0% |
| Stocks and contracts in progress | 3 | €57,346 | €52,796 | -€4,550 | -7.9% |
| Stocks | 30/36 | €57,346 | €52,796 | -€4,550 | -7.9% |
| Cash at bank and in hand | 54/58 | €102 | €8,675 | +€8,573 | +8375.9% |
| Total equity and liabilities | 10/49 | €60,947 | €61,471 | +€524 | +0.9% |
| Equity | 10/15 | €59,915 | €61,206 | +€1,291 | +2.2% |
| Contributions | 10/11 | €15,800 | €15,800 | = | 0.0% |
| Capital | 10 | €15,800 | €15,800 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,800 | €2,800 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,255 | €43,546 | +€1,291 | +3.1% |
| Amounts payable | 17/49 | €1,032 | €265 | -€766 | -74.3% |
| Amounts payable within one year | 42/48 | €1,032 | €265 | -€766 | -74.3% |
| Taxes, remuneration and social security | 45 | €1,032 | €265 | -€766 | -74.3% |
| Taxes | 450/3 | €1,032 | €265 | -€766 | -74.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,499 | €3,499 | +€0 | 0.0% |
| Other operating charges | 640/8 | €132 | - | -€132 | |
| Gross operating margin | 9900 | €6,628 | €4,789 | -€1,839 | -27.7% |
| Operating profit (loss) | 9901 | €2,997 | €1,291 | -€1,707 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €2,997 | €1,291 | -€1,707 | -56.9% |
| Profit (loss) for the period | 9904 | €2,997 | €1,291 | -€1,707 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,997 | €1,291 | -€1,707 | -56.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.