MHL-Facilitation: what changed
MHL-Facilitation
Largest movements
- Cash +€20,319
up €20,319 (+152%), from €13,341 to €33,660
mainly Net result for the year (+€33,810) and Depreciation (+€6,629)
- Receivables within one year +€11,930
up €11,930 (+4.5%), from €262,491 to €274,421
of which Other amounts receivable: +€80,430
- Tangible fixed assets -€6,629
down €6,629 (-29.5%), from €22,479 to €15,850
- Deferred charges and accrued income +€6,543
up €6,543 (+55.5%), from €11,795 to €18,338
- Reserves +€33,810
up €33,810 (+9.1%), from €370,699 to €404,509
- Tax, wage and social debts -€5,216
down €5,216 (-35.9%), from €14,511 to €9,295
- Gross operating margin -€111,650
down €111,650 (-70.6%), from €158,246 to €46,596
- Taxes -€34,778
down €34,778 (-65.5%), from €53,115 to €18,337
- Financial income +€5,573
up €5,573 (+51.1%), from €10,906 to €16,479
of which Financial income: +€5,573
- Other operating charges +€3,212
up €3,212 (+363%), from €885 to €4,097
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 | €410,107 | €442,269 | +€32,162 | +7.8% |
| Fixed assets | 21/28 | €22,479 | €15,850 | -€6,629 | -29.5% |
| Tangible fixed assets | 22/27 | €22,479 | €15,850 | -€6,629 | -29.5% |
| Furniture and vehicles | 24 | €22,479 | €15,850 | -€6,629 | -29.5% |
| Current assets | 29/58 | €387,628 | €426,419 | +€38,791 | +10.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €262,491 | €274,421 | +€11,930 | +4.5% |
| Trade receivables | 40 | €81,941 | €13,440 | -€68,501 | -83.6% |
| Other amounts receivable | 41 | €180,550 | €260,981 | +€80,430 | +44.5% |
| Cash at bank and in hand | 54/58 | €13,341 | €33,660 | +€20,319 | +152% |
| Deferred charges and accrued income | 490/1 | €11,795 | €18,338 | +€6,543 | +55.5% |
| Total equity and liabilities | 10/49 | €410,107 | €442,269 | +€32,162 | +7.8% |
| Equity | 10/15 | €389,299 | €423,109 | +€33,810 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,699 | €404,509 | +€33,810 | +9.1% |
| Distributable reserves | 133 | €370,699 | €404,509 | +€33,810 | +9.1% |
| Amounts payable | 17/49 | €20,808 | €19,160 | -€1,648 | -7.9% |
| Amounts payable within one year | 42/48 | €20,808 | €19,160 | -€1,648 | -7.9% |
| Trade debts | 44 | €6,297 | €9,865 | +€3,568 | +56.7% |
| Suppliers | 440/4 | €6,297 | €9,865 | +€3,568 | +56.7% |
| Taxes, remuneration and social security | 45 | €14,511 | €9,295 | -€5,216 | -35.9% |
| Taxes | 450/3 | €14,511 | €9,295 | -€5,216 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,865 | €6,629 | -€236 | -3.4% |
| Other operating charges | 640/8 | €885 | €4,097 | +€3,212 | +363% |
| Gross operating margin | 9900 | €158,246 | €46,596 | -€111,650 | -70.6% |
| Operating profit (loss) | 9901 | €150,496 | €35,870 | -€114,626 | -76.2% |
| Financial income | 75/76B | €10,906 | €16,479 | +€5,573 | +51.1% |
| Recurring financial income | 75 | €10,906 | €16,479 | +€5,573 | +51.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €239 | €202 | -€37 | -15.4% |
| Recurring financial charges | 65 | €239 | €202 | -€37 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €161,163 | €52,147 | -€109,016 | -67.6% |
| Income taxes | 67/77 | €53,115 | €18,337 | -€34,778 | -65.5% |
| Profit (loss) for the period | 9904 | €108,048 | €33,810 | -€74,238 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €108,048 | €33,810 | -€74,238 | -68.7% |
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 7 November 2026 via checked.be.