MHP TOOLS: 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 TOOLS
Largest movements
- Cash -€41,188
down €41,188 (-63.1%), from €65,324 to €24,136
mainly Investment in fixed assets (net) (-€43,575) and Receivables within one year (-€17,602)
- Tangible fixed assets +€25,698
up €25,698 (+24.9%), from €103,205 to €128,903
of which Other tangible fixed assets: +€27,830
- Receivables within one year +€17,602
up €17,602 (+17.5%), from €100,594 to €118,196
- Tax, wage and social debts -€15,607
down €15,607 (-36.8%), from €42,410 to €26,803
of which Taxes: -€15,848
- Other debts +€10,495
up €10,495 (+64.7%), from €16,212 to €26,707
- Profit (loss) carried forward +€10,339
up €10,339 (+1843.8%), from €561 to €10,900
- Depreciation +€11,395
up €11,395 (+175.8%), from €6,482 to €17,877
- Gross operating margin -€10,584
down €10,584 (-9.8%), from €107,824 to €97,240
- Taxes -€6,407
down €6,407 (-57.7%), from €11,105 to €4,698
- Staff costs -€2,499
down €2,499 (-3.8%), from €65,512 to €63,013
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 | €269,731 | €271,862 | +€2,130 | +0.8% |
| Fixed assets | 21/28 | €103,205 | €128,903 | +€25,698 | +24.9% |
| Tangible fixed assets | 22/27 | €103,205 | €128,903 | +€25,698 | +24.9% |
| Plant, machinery and equipment | 23 | €2,476 | €4,844 | +€2,368 | +95.7% |
| Furniture and vehicles | 24 | €12,045 | €7,545 | -€4,500 | -37.4% |
| Other tangible fixed assets | 26 | €88,684 | €116,514 | +€27,830 | +31.4% |
| Current assets | 29/58 | €166,526 | €142,959 | -€23,568 | -14.2% |
| Amounts receivable within one year | 40/41 | €100,594 | €118,196 | +€17,602 | +17.5% |
| Trade receivables | 40 | €100,594 | €118,196 | +€17,602 | +17.5% |
| Cash at bank and in hand | 54/58 | €65,324 | €24,136 | -€41,188 | -63.1% |
| Deferred charges and accrued income | 490/1 | €608 | €627 | +€18 | +3.0% |
| Total equity and liabilities | 10/49 | €269,731 | €271,862 | +€2,130 | +0.8% |
| Equity | 10/15 | €114,861 | €125,200 | +€10,339 | +9.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €104,300 | €104,300 | = | 0.0% |
| Distributable reserves | 133 | €104,300 | €104,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €561 | €10,900 | +€10,339 | +1843.8% |
| Amounts payable | 17/49 | €154,870 | €146,661 | -€8,209 | -5.3% |
| Amounts payable within one year | 42/48 | €153,775 | €146,661 | -€7,114 | -4.6% |
| Trade debts | 44 | €95,153 | €93,151 | -€2,002 | -2.1% |
| Suppliers | 440/4 | €95,153 | €93,151 | -€2,002 | -2.1% |
| Taxes, remuneration and social security | 45 | €42,410 | €26,803 | -€15,607 | -36.8% |
| Taxes | 450/3 | €35,680 | €19,832 | -€15,848 | -44.4% |
| Remuneration and social security | 454/9 | €6,731 | €6,972 | +€241 | +3.6% |
| Other amounts payable | 47/48 | €16,212 | €26,707 | +€10,495 | +64.7% |
| Accrued charges and deferred income | 492/3 | €1,095 | - | -€1,095 | |
| Remuneration, social security and pensions | 62 | €65,512 | €63,013 | -€2,499 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,482 | €17,877 | +€11,395 | +175.8% |
| Other operating charges | 640/8 | - | €252 | +€252 | |
| Gross operating margin | 9900 | €107,824 | €97,240 | -€10,584 | -9.8% |
| Operating profit (loss) | 9901 | €35,830 | €16,098 | -€19,732 | -55.1% |
| Financial income | 75/76B | €236 | €0 | -€236 | -100.0% |
| Recurring financial income | 75 | €236 | €0 | -€236 | -100.0% |
| Financial charges | 65/66B | €654 | €1,061 | +€407 | +62.3% |
| Recurring financial charges | 65 | €654 | €1,061 | +€407 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €35,413 | €15,037 | -€20,375 | -57.5% |
| Income taxes | 67/77 | €11,105 | €4,698 | -€6,407 | -57.7% |
| Profit (loss) for the period | 9904 | €24,308 | €10,339 | -€13,968 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,308 | €10,339 | -€13,968 | -57.5% |
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 10 October 2026 via checked.be.