MHM BUSINESS: 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.
MHM BUSINESS
Largest movements
- Deferred charges and accrued income +€66,642
new in 2025: €66,642
- Receivables within one year +€42,863
new in 2025: €42,863
of which Trade receivables: +€36,208
- Cash -€2,618
down €2,618 (-92.3%), from €2,838 to €220
mainly Deferred charges and accrued income (-€66,642) and Receivables within one year (-€42,863)
- Trade debts +€79,475
new in 2025: €79,475
- Other debts +€19,968
up €19,968 (+217%), from €9,222 to €29,190
- Tax, wage and social debts +€5,078
new in 2025: €5,078
of which Remuneration and social security: +€4,042
- Profit (loss) carried forward +€2,365
up €2,365 (+9.5%), from -€24,984 to -€22,619
- Gross operating margin +€15,685
up €15,685, from -€469 to €15,216
- Staff costs +€11,604
new in 2025: €11,604
- Taxes +€1,036
new in 2025: €1,036
- Other operating charges -€587
down €587 (-98.5%), from €596 to €9
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 | €2,838 | €109,725 | +€106,887 | +3,766% |
| Current assets | 29/58 | €2,838 | €109,725 | +€106,887 | +3,766% |
| Amounts receivable within one year | 40/41 | - | €42,863 | +€42,863 | |
| Trade receivables | 40 | - | €36,208 | +€36,208 | |
| Other amounts receivable | 41 | - | €6,655 | +€6,655 | |
| Cash at bank and in hand | 54/58 | €2,838 | €220 | -€2,618 | -92.3% |
| Deferred charges and accrued income | 490/1 | - | €66,642 | +€66,642 | |
| Total equity and liabilities | 10/49 | €2,838 | €109,725 | +€106,887 | +3,766% |
| Equity | 10/15 | -€6,384 | -€4,019 | +€2,365 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,984 | -€22,619 | +€2,365 | +9.5% |
| Amounts payable | 17/49 | €9,222 | €113,744 | +€104,522 | +1,133% |
| Amounts payable within one year | 42/48 | €9,222 | €113,744 | +€104,522 | +1,133% |
| Trade debts | 44 | - | €79,475 | +€79,475 | |
| Suppliers | 440/4 | - | €79,475 | +€79,475 | |
| Taxes, remuneration and social security | 45 | - | €5,078 | +€5,078 | |
| Taxes | 450/3 | - | €1,036 | +€1,036 | |
| Remuneration and social security | 454/9 | - | €4,042 | +€4,042 | |
| Other amounts payable | 47/48 | €9,222 | €29,190 | +€19,968 | +217% |
| Remuneration, social security and pensions | 62 | - | €11,604 | +€11,604 | |
| Other operating charges | 640/8 | €596 | €9 | -€587 | -98.5% |
| Gross operating margin | 9900 | -€469 | €15,216 | +€15,685 | |
| Operating profit (loss) | 9901 | -€1,065 | €3,603 | +€4,668 | |
| Financial charges | 65/66B | €269 | €202 | -€67 | -25.0% |
| Recurring financial charges | 65 | €269 | €202 | -€67 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,334 | €3,401 | +€4,735 | |
| Income taxes | 67/77 | - | €1,036 | +€1,036 | |
| Profit (loss) for the period | 9904 | -€1,334 | €2,365 | +€3,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,334 | €2,365 | +€3,699 |
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 28 October 2026 via checked.be.