MHL CONSULTING: 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.
MHL CONSULTING
Largest movements
- Receivables within one year +€36,765
up €36,765 (+50.4%), from €72,953 to €109,719
of which Other amounts receivable: +€36,790
- Cash -€18,404
down €18,404 (-87.0%), from €21,155 to €2,751
mainly Contributions, distributions and other (-€125,566) and Receivables within one year (-€36,765)
- Other debts +€125,566
new in 2025: €125,566
- Profit (loss) carried forward -€108,364
no longer reported in 2025 (was €108,364)
- Gross operating margin +€26,358
up €26,358, from -€9,720 to €16,638
- Taxes +€2,705
new in 2025: €2,705
- Financial income +€2,443
up €2,443 (+83.8%), from €2,914 to €5,357
- Depreciation -€468
down €468 (-18.6%), from €2,511 to €2,044
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 | €112,736 | €130,340 | +€17,604 | +15.6% |
| Fixed assets | 21/28 | €2,628 | €1,871 | -€757 | -28.8% |
| Tangible fixed assets | 22/27 | €2,628 | €1,871 | -€757 | -28.8% |
| Furniture and vehicles | 24 | €2,628 | €1,871 | -€757 | -28.8% |
| Current assets | 29/58 | €110,109 | €128,470 | +€18,361 | +16.7% |
| Amounts receivable after more than one year | 29 | €16,000 | €16,000 | = | 0.0% |
| Other amounts receivable | 291 | €16,000 | €16,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,953 | €109,719 | +€36,765 | +50.4% |
| Trade receivables | 40 | €37 | €13 | -€24 | -65.5% |
| Other amounts receivable | 41 | €72,916 | €109,706 | +€36,790 | +50.5% |
| Cash at bank and in hand | 54/58 | €21,155 | €2,751 | -€18,404 | -87.0% |
| Total equity and liabilities | 10/49 | €112,736 | €130,340 | +€17,604 | +15.6% |
| Equity | 10/15 | €108,364 | - | -€108,364 | |
| Profit (loss) carried forward | 14 | €108,364 | - | -€108,364 | |
| Amounts payable | 17/49 | €4,372 | €130,340 | +€125,968 | +2,881% |
| Amounts payable within one year | 42/48 | €4,372 | €130,340 | +€125,968 | +2,881% |
| Trade debts | 44 | €43 | - | -€43 | |
| Suppliers | 440/4 | €43 | - | -€43 | |
| Taxes, remuneration and social security | 45 | €4,329 | €4,774 | +€445 | +10.3% |
| Taxes | 450/3 | €4,329 | €4,774 | +€445 | +10.3% |
| Other amounts payable | 47/48 | - | €125,566 | +€125,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,511 | €2,044 | -€468 | -18.6% |
| Gross operating margin | 9900 | -€9,720 | €16,638 | +€26,358 | |
| Operating profit (loss) | 9901 | -€12,231 | €14,595 | +€26,826 | |
| Financial income | 75/76B | €2,914 | €5,357 | +€2,443 | +83.8% |
| Recurring financial income | 75 | €2,914 | €5,357 | +€2,443 | +83.8% |
| Financial charges | 65/66B | €109 | €45 | -€64 | -58.8% |
| Recurring financial charges | 65 | €109 | €45 | -€64 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,427 | €19,907 | +€29,333 | |
| Income taxes | 67/77 | - | €2,705 | +€2,705 | |
| Profit (loss) for the period | 9904 | -€9,427 | €17,202 | +€26,628 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,427 | €17,202 | +€26,628 |
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 31 October 2026 via checked.be.