MHV SOLUTIONS: 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.
MHV SOLUTIONS
Largest movements
- Cash +€9,587
up €9,587 (+13.2%), from €72,677 to €82,264
mainly Other debts (+€119,049) and Net result for the year (+€14,628)
- Other debts +€119,049
up €119,049 (+324%), from €36,703 to €155,752
- Profit (loss) carried forward -€105,372
down €105,372 (-60.2%), from €175,017 to €69,645
- Gross operating margin -€20,415
down €20,415 (-57.7%), from €35,408 to €14,993
- Taxes -€3,488
down €3,488 (-46.0%), from €7,589 to €4,101
- Financial income +€2,945
up €2,945 (+113%), from €2,596 to €5,541
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 | €245,165 | €256,780 | +€11,615 | +4.7% |
| Fixed assets | 21/28 | €124 | - | -€124 | |
| Tangible fixed assets | 22/27 | €124 | - | -€124 | |
| Furniture and vehicles | 24 | €124 | - | -€124 | |
| Current assets | 29/58 | €245,041 | €256,780 | +€11,739 | +4.8% |
| Amounts receivable within one year | 40/41 | €11,365 | €13,374 | +€2,009 | +17.7% |
| Trade receivables | 40 | €10,675 | €8,313 | -€2,362 | -22.1% |
| Other amounts receivable | 41 | €690 | €5,061 | +€4,371 | +633% |
| Current investments | 50/53 | €160,999 | €160,999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,677 | €82,264 | +€9,587 | +13.2% |
| Deferred charges and accrued income | 490/1 | - | €143 | +€143 | |
| Total equity and liabilities | 10/49 | €245,165 | €256,780 | +€11,615 | +4.7% |
| Equity | 10/15 | €194,817 | €89,445 | -€105,372 | -54.1% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,017 | €69,645 | -€105,372 | -60.2% |
| Amounts payable | 17/49 | €50,348 | €167,335 | +€116,987 | +232% |
| Amounts payable within one year | 42/48 | €50,348 | €167,292 | +€116,944 | +232% |
| Trade debts | 44 | €5,990 | €6,079 | +€89 | +1.5% |
| Suppliers | 440/4 | €5,990 | €6,079 | +€89 | +1.5% |
| Taxes, remuneration and social security | 45 | €7,655 | €5,461 | -€2,194 | -28.7% |
| Taxes | 450/3 | €7,655 | €5,461 | -€2,194 | -28.7% |
| Other amounts payable | 47/48 | €36,703 | €155,752 | +€119,049 | +324% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €124 | -€136 | -52.3% |
| Other operating charges | 640/8 | €1,198 | €1,073 | -€125 | -10.4% |
| Gross operating margin | 9900 | €35,408 | €14,993 | -€20,415 | -57.7% |
| Operating profit (loss) | 9901 | €33,950 | €13,796 | -€20,154 | -59.4% |
| Financial income | 75/76B | €2,596 | €5,541 | +€2,945 | +113% |
| Recurring financial income | 75 | €2,596 | €5,541 | +€2,945 | +113% |
| Financial charges | 65/66B | €632 | €608 | -€24 | -3.8% |
| Recurring financial charges | 65 | €632 | €608 | -€24 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €35,914 | €18,729 | -€17,185 | -47.9% |
| Income taxes | 67/77 | €7,589 | €4,101 | -€3,488 | -46.0% |
| Profit (loss) for the period | 9904 | €28,325 | €14,628 | -€13,697 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,325 | €14,628 | -€13,697 | -48.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.