MHOS: 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.
MHOS
Largest movements
- Cash +€31,071
up €31,071 (+1062.2%), from €2,925 to €33,996
mainly Net result for the year (+€43,567) and Tax, wage and social debts (+€13,439)
- Receivables within one year +€12,702
up €12,702 (+50.3%), from €25,274 to €37,976
of which Trade receivables: +€12,246
- Reserves +€43,567
new in 2025: €43,567
- Tax, wage and social debts +€13,439
up €13,439 (+453.7%), from €2,962 to €16,401
- Other debts -€12,608
down €12,608 (-87.3%), from €14,446 to €1,838
- Profit (loss) carried forward -€833
down €833 (-17.5%), from €4,764 to €3,931
- Trade debts +€810
up €810 (+57.8%), from €1,402 to €2,212
- Gross operating margin +€52,213
up €52,213 (+607.9%), from €8,589 to €60,802
- Taxes +€14,953
up €14,953 (+1057.6%), from €1,414 to €16,367
- Financial income +€1,834
up €1,834 (+799.4%), from €229 to €2,063
- Other operating charges +€1,492
up €1,492 (+190.9%), from €782 to €2,274
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,575 | €72,950 | +€44,375 | +155.3% |
| Fixed assets | 21/28 | €376 | €978 | +€602 | +160.2% |
| Financial fixed assets | 28 | €376 | €978 | +€602 | +160.2% |
| Current assets | 29/58 | €28,199 | €71,972 | +€43,773 | +155.2% |
| Amounts receivable within one year | 40/41 | €25,274 | €37,976 | +€12,702 | +50.3% |
| Trade receivables | 40 | €25,072 | €37,318 | +€12,246 | +48.8% |
| Other amounts receivable | 41 | €202 | €658 | +€456 | +226.5% |
| Cash at bank and in hand | 54/58 | €2,925 | €33,996 | +€31,071 | +1062.2% |
| Total equity and liabilities | 10/49 | €28,575 | €72,950 | +€44,375 | +155.3% |
| Equity | 10/15 | €9,764 | €52,499 | +€42,734 | +437.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €43,567 | +€43,567 | |
| Distributable reserves | 133 | - | €43,567 | +€43,567 | |
| Profit (loss) carried forward | 14 | €4,764 | €3,931 | -€833 | -17.5% |
| Amounts payable | 17/49 | €18,810 | €20,451 | +€1,641 | +8.7% |
| Amounts payable within one year | 42/48 | €18,810 | €20,451 | +€1,641 | +8.7% |
| Trade debts | 44 | €1,402 | €2,212 | +€810 | +57.8% |
| Suppliers | 440/4 | €1,402 | €2,212 | +€810 | +57.8% |
| Taxes, remuneration and social security | 45 | €2,962 | €16,401 | +€13,439 | +453.7% |
| Taxes | 450/3 | €2,962 | €16,401 | +€13,439 | +453.7% |
| Other amounts payable | 47/48 | €14,446 | €1,838 | -€12,608 | -87.3% |
| Other operating charges | 640/8 | €782 | €2,274 | +€1,492 | +190.9% |
| Gross operating margin | 9900 | €8,589 | €60,802 | +€52,213 | +607.9% |
| Operating profit (loss) | 9901 | €7,808 | €58,528 | +€50,720 | +649.6% |
| Financial income | 75/76B | €229 | €2,063 | +€1,834 | +799.4% |
| Recurring financial income | 75 | €229 | €2,063 | +€1,834 | +799.4% |
| Financial charges | 65/66B | €1,000 | €658 | -€342 | -34.2% |
| Recurring financial charges | 65 | €1,000 | €658 | -€342 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €7,037 | €59,934 | +€52,897 | +751.7% |
| Income taxes | 67/77 | €1,414 | €16,367 | +€14,953 | +1057.6% |
| Profit (loss) for the period | 9904 | €5,623 | €43,567 | +€37,944 | +674.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,623 | €43,567 | +€37,944 | +674.8% |
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 9 October 2026 via checked.be.