MHHB: 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.
What changed
MHHB
NACE 86.210, General medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,084
2024 · €9,779+€9,305
Equity
€152,591
2024 · €133,508+€19,084
Cash
€4,465
2024 · €1,998+€2,467
Balance sheet total
€465,878
2024 · €481,122-€15,244
Largest movements
Assets
- Tangible fixed assets -€16,182
down €16,182 (-3.4%), from €473,903 to €457,721
of which Land and buildings: -€17,288
Equity and liabilities
- Reserves +€19,084
up €19,084 (+16.6%), from €114,908 to €133,991
- Debts after one year -€18,935
down €18,935 (-7.0%), from €270,264 to €251,329
- Other debts -€15,340
down €15,340 (-30.6%), from €50,070 to €34,730
Income statement
- Gross operating margin +€14,225
up €14,225 (+22.5%), from €63,350 to €77,575
- Taxes +€4,312
up €4,312 (+92.2%), from €4,678 to €8,990
- Staff costs +€1,305
up €1,305 (+5.8%), from €22,325 to €23,630
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.
Result 2024
€9,779
Gross operating margin
+€14,225
Staff costs
-€1,305
Depreciation
+€503
Other operating charges
-€67
Financial income
-€0
Financial charges
+€261
Taxes
-€4,312
Result 2025
€19,084
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.
From operations
+€21,883
Investment
-€2,090
Financing
-€17,326
Cash 2024
€1,998
From operations (derived)
+€21,883
Net result for the year
+€19,084
Depreciation
+€18,272
Receivables within one year
+€2,882
Deferred charges and accrued income
-€1,353
Trade debts
+€549
Tax, wage and social debts
-€2,888
Other debts
-€15,340
Accrued charges and deferred income
+€677
Investment (derived)
-€2,090
Investment in fixed assets (net)
-€2,090
Financing
-€17,326
Debts after one year
-€18,935
Current portion of long-term debt
+€288
Short-term financial debts
+€1,322
Cash 2025
€4,465
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €481,122 | €465,878 | -€15,244 | -3.2% |
| Fixed assets | 21/28 | €474,063 | €457,881 | -€16,182 | -3.4% |
| Tangible fixed assets | 22/27 | €473,903 | €457,721 | -€16,182 | -3.4% |
| Land and buildings | 22 | €471,810 | €454,521 | -€17,288 | -3.7% |
| Plant, machinery and equipment | 23 | €204 | €1,913 | +€1,708 | +835.9% |
| Furniture and vehicles | 24 | €51 | €0 | -€51 | -100.0% |
| Other tangible fixed assets | 26 | €1,838 | €1,287 | -€552 | -30.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €7,059 | €7,997 | +€938 | +13.3% |
| Amounts receivable within one year | 40/41 | €3,300 | €418 | -€2,882 | -87.3% |
| Other amounts receivable | 41 | €3,300 | €418 | -€2,882 | -87.3% |
| Cash at bank and in hand | 54/58 | €1,998 | €4,465 | +€2,467 | +123.4% |
| Deferred charges and accrued income | 490/1 | €1,761 | €3,114 | +€1,353 | +76.8% |
| Total equity and liabilities | 10/49 | €481,122 | €465,878 | -€15,244 | -3.2% |
| Equity | 10/15 | €133,508 | €152,591 | +€19,084 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,908 | €133,991 | +€19,084 | +16.6% |
| Distributable reserves | 133 | €114,908 | €133,991 | +€19,084 | +16.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €347,614 | €313,286 | -€34,328 | -9.9% |
| Amounts payable after more than one year | 17 | €270,264 | €251,329 | -€18,935 | -7.0% |
| Financial debts | 170/4 | €270,264 | €251,329 | -€18,935 | -7.0% |
| Amounts payable within one year | 42/48 | €76,673 | €60,603 | -€16,070 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €18,648 | €18,935 | +€288 | +1.5% |
| Financial debts | 43 | €1,606 | €2,927 | +€1,322 | +82.3% |
| Credit institutions | 430/8 | €1,606 | €2,927 | +€1,322 | +82.3% |
| Trade debts | 44 | €870 | €1,419 | +€549 | +63.1% |
| Suppliers | 440/4 | €870 | €1,419 | +€549 | +63.1% |
| Taxes, remuneration and social security | 45 | €5,481 | €2,592 | -€2,888 | -52.7% |
| Taxes | 450/3 | €4,847 | €1,908 | -€2,939 | -60.6% |
| Remuneration and social security | 454/9 | €633 | €684 | +€51 | +8.0% |
| Other amounts payable | 47/48 | €50,070 | €34,730 | -€15,340 | -30.6% |
| Accrued charges and deferred income | 492/3 | €677 | €1,354 | +€677 | +100.1% |
| Remuneration, social security and pensions | 62 | €22,325 | €23,630 | +€1,305 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,775 | €18,272 | -€503 | -2.7% |
| Other operating charges | 640/8 | €2,327 | €2,394 | +€67 | +2.9% |
| Gross operating margin | 9900 | €63,350 | €77,575 | +€14,225 | +22.5% |
| Operating profit (loss) | 9901 | €19,923 | €33,279 | +€13,356 | +67.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,466 | €5,205 | -€261 | -4.8% |
| Recurring financial charges | 65 | €5,466 | €5,205 | -€261 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €14,457 | €28,074 | +€13,617 | +94.2% |
| Income taxes | 67/77 | €4,678 | €8,990 | +€4,312 | +92.2% |
| Profit (loss) for the period | 9904 | €9,779 | €19,084 | +€9,305 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,779 | €19,084 | +€9,305 | +95.2% |
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 30 September 2026 via checked.be.