MHPHONE: 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.
MHPHONE
Largest movements
- Tangible fixed assets +€16,872
new in 2024: €16,872
- Stocks and contracts +€15,031
up €15,031 (+81.3%), from €18,488 to €33,519
- Cash +€3,955
up €3,955 (+66.2%), from €5,971 to €9,926
mainly Debts after one year (+€12,500) and Trade debts (+€9,000)
- Receivables within one year -€1,486
down €1,486 (-66.4%), from €2,239 to €753
of which Other amounts receivable: -€1,053
- Debts after one year +€12,500
new in 2024: €12,500
- Trade debts +€9,000
up €9,000 (+4,345%), from €207 to €9,207
- Tax, wage and social debts +€5,206
up €5,206 (+53.5%), from €9,739 to €14,945
of which Taxes: +€5,906
- Current portion of long-term debt +€4,695
new in 2024: €4,695
- Profit (loss) carried forward +€2,484
up €2,484 (+18.5%), from €13,451 to €15,935
- Turnover +€72,899
new in 2024: €72,899
- Purchases and services +€57,359
new in 2024: €57,359
- Staff costs +€9,053
new in 2024: €9,053
- Gross operating margin +€5,747
up €5,747 (+46.8%), from €12,272 to €18,018
- Depreciation +€3,374
new in 2024: €3,374
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,697 | €61,069 | +€34,372 | +129% |
| Fixed assets | 21/28 | - | €16,872 | +€16,872 | |
| Tangible fixed assets | 22/27 | - | €16,872 | +€16,872 | |
| Furniture and vehicles | 24 | - | €16,872 | +€16,872 | |
| Current assets | 29/58 | €26,697 | €44,198 | +€17,500 | +65.5% |
| Stocks and contracts in progress | 3 | €18,488 | €33,519 | +€15,031 | +81.3% |
| Stocks | 30/36 | €18,488 | €33,519 | +€15,031 | +81.3% |
| Amounts receivable within one year | 40/41 | €2,239 | €753 | -€1,486 | -66.4% |
| Trade receivables | 40 | €1,187 | €753 | -€434 | -36.6% |
| Other amounts receivable | 41 | €1,053 | - | -€1,053 | |
| Cash at bank and in hand | 54/58 | €5,971 | €9,926 | +€3,955 | +66.2% |
| Total equity and liabilities | 10/49 | €26,697 | €61,069 | +€34,372 | +129% |
| Equity | 10/15 | €16,451 | €18,935 | +€2,484 | +15.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,451 | €15,935 | +€2,484 | +18.5% |
| Amounts payable | 17/49 | €10,246 | €42,134 | +€31,888 | +311% |
| Amounts payable after more than one year | 17 | - | €12,500 | +€12,500 | |
| Financial debts | 170/4 | - | €12,500 | +€12,500 | |
| Amounts payable within one year | 42/48 | €10,246 | €29,634 | +€19,388 | +189% |
| Current portion of amounts payable after more than one year | 42 | - | €4,695 | +€4,695 | |
| Trade debts | 44 | €207 | €9,207 | +€9,000 | +4,345% |
| Suppliers | 440/4 | €207 | €9,207 | +€9,000 | +4,345% |
| Taxes, remuneration and social security | 45 | €9,739 | €14,945 | +€5,206 | +53.5% |
| Taxes | 450/3 | €9,039 | €14,945 | +€5,906 | +65.3% |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Other amounts payable | 47/48 | €300 | €787 | +€487 | +162% |
| Turnover | 70 | - | €72,899 | +€72,899 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €57,359 | +€57,359 | |
| Remuneration, social security and pensions | 62 | - | €9,053 | +€9,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,374 | +€3,374 | |
| Other operating charges | 640/8 | €114 | €2,177 | +€2,063 | +1,802% |
| Gross operating margin | 9900 | €12,272 | €18,018 | +€5,747 | +46.8% |
| Operating profit (loss) | 9901 | €12,157 | €3,413 | -€8,744 | -71.9% |
| Financial charges | 65/66B | €78 | €264 | +€186 | +240% |
| Recurring financial charges | 65 | €78 | €264 | +€186 | +240% |
| Profit (loss) for the period before taxes | 9903 | €12,079 | €3,149 | -€8,930 | -73.9% |
| Income taxes | 67/77 | - | €666 | +€666 | |
| Profit (loss) for the period | 9904 | €12,079 | €2,484 | -€9,596 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,079 | €2,484 | -€9,596 | -79.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.