MHP PRODUCT: 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.
MHP PRODUCT
Largest movements
- Cash +€2,472
up €2,472 (+86.9%), from €2,846 to €5,318
mainly Net result for the year (+€2,243) and Receivables within one year (+€2,223)
- Receivables within one year -€2,223
down €2,223 (-95.8%), from €2,320 to €97
of which Trade receivables: -€2,000
- Trade debts -€2,914
down €2,914 (-96.5%), from €3,020 to €106
- Profit (loss) carried forward +€2,243
up €2,243 (+348%), from €645 to €2,888
- Tax, wage and social debts +€920
new in 2025: €920
- Gross operating margin +€2,445
up €2,445 (+1,067%), from €229 to €2,674
- Other operating charges -€251
down €251 (-37.4%), from €671 to €420
- Financial charges -€249
down €249 (-95.8%), from €260 to €11
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 | €5,166 | €5,415 | +€249 | +4.8% |
| Current assets | 29/58 | €5,166 | €5,415 | +€249 | +4.8% |
| Amounts receivable within one year | 40/41 | €2,320 | €97 | -€2,223 | -95.8% |
| Trade receivables | 40 | €2,097 | €97 | -€2,000 | -95.4% |
| Other amounts receivable | 41 | €223 | - | -€223 | |
| Cash at bank and in hand | 54/58 | €2,846 | €5,318 | +€2,472 | +86.9% |
| Total equity and liabilities | 10/49 | €5,166 | €5,415 | +€249 | +4.8% |
| Equity | 10/15 | €2,145 | €4,388 | +€2,243 | +105% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €645 | €2,888 | +€2,243 | +348% |
| Amounts payable | 17/49 | €3,020 | €1,026 | -€1,994 | -66.0% |
| Amounts payable within one year | 42/48 | €3,020 | €1,026 | -€1,994 | -66.0% |
| Trade debts | 44 | €3,020 | €106 | -€2,914 | -96.5% |
| Suppliers | 440/4 | €3,020 | €106 | -€2,914 | -96.5% |
| Taxes, remuneration and social security | 45 | - | €920 | +€920 | |
| Taxes | 450/3 | - | €920 | +€920 | |
| Other operating charges | 640/8 | €671 | €420 | -€251 | -37.4% |
| Gross operating margin | 9900 | €229 | €2,674 | +€2,445 | +1,067% |
| Operating profit (loss) | 9901 | -€442 | €2,254 | +€2,696 | |
| Financial charges | 65/66B | €260 | €11 | -€249 | -95.8% |
| Recurring financial charges | 65 | €260 | €11 | -€249 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | -€702 | €2,243 | +€2,945 | |
| Profit (loss) for the period | 9904 | -€702 | €2,243 | +€2,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€702 | €2,243 | +€2,945 |
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 18 October 2026 via checked.be.