MN Technics: 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.
MN Technics
Largest movements
- Cash -€35,480
down €35,480 (-13.4%), from €264,262 to €228,782
mainly Debts after one year (-€41,674) and Tax, wage and social debts (-€36,330)
- Reserves +€63,167
up €63,167 (+11.2%), from €566,412 to €629,579
- Debts after one year -€41,674
down €41,674 (-19.3%), from €215,683 to €174,009
- Tax, wage and social debts -€36,330
down €36,330 (-69.9%), from €51,962 to €15,632
- Other debts -€12,953
down €12,953 (-98.1%), from €13,201 to €248
- Gross operating margin -€113,538
down €113,538 (-42.0%), from €270,612 to €157,074
- Taxes -€36,331
down €36,331 (-47.8%), from €76,045 to €39,714
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 | €915,940 | €889,742 | -€26,198 | -2.9% |
| Fixed assets | 21/28 | €502,551 | €506,449 | +€3,898 | +0.8% |
| Tangible fixed assets | 22/27 | €502,551 | €506,449 | +€3,898 | +0.8% |
| Land and buildings | 22 | €493,182 | €478,660 | -€14,522 | -2.9% |
| Plant, machinery and equipment | 23 | €656 | - | -€656 | |
| Furniture and vehicles | 24 | €8,713 | €27,789 | +€19,076 | +218.9% |
| Current assets | 29/58 | €413,389 | €383,293 | -€30,096 | -7.3% |
| Stocks and contracts in progress | 3 | €2,944 | €2,307 | -€637 | -21.6% |
| Stocks | 30/36 | €2,944 | €2,307 | -€637 | -21.6% |
| Amounts receivable within one year | 40/41 | €146,183 | €152,204 | +€6,021 | +4.1% |
| Trade receivables | 40 | €142,239 | €134,354 | -€7,885 | -5.5% |
| Other amounts receivable | 41 | €3,944 | €17,850 | +€13,906 | +352.6% |
| Cash at bank and in hand | 54/58 | €264,262 | €228,782 | -€35,480 | -13.4% |
| Total equity and liabilities | 10/49 | €915,940 | €889,742 | -€26,198 | -2.9% |
| Equity | 10/15 | €586,872 | €650,039 | +€63,167 | +10.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €566,412 | €629,579 | +€63,167 | +11.2% |
| Distributable reserves | 133 | €566,412 | €629,579 | +€63,167 | +11.2% |
| Amounts payable | 17/49 | €329,068 | €239,703 | -€89,365 | -27.2% |
| Amounts payable after more than one year | 17 | €215,683 | €174,009 | -€41,674 | -19.3% |
| Financial debts | 170/4 | €215,683 | €174,009 | -€41,674 | -19.3% |
| Amounts payable within one year | 42/48 | €113,385 | €65,694 | -€47,691 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €39,881 | €41,674 | +€1,793 | +4.5% |
| Trade debts | 44 | €8,341 | €8,140 | -€201 | -2.4% |
| Suppliers | 440/4 | €8,341 | €8,140 | -€201 | -2.4% |
| Taxes, remuneration and social security | 45 | €51,962 | €15,632 | -€36,330 | -69.9% |
| Taxes | 450/3 | €51,962 | €15,632 | -€36,330 | -69.9% |
| Other amounts payable | 47/48 | €13,201 | €248 | -€12,953 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,167 | €23,108 | -€1,059 | -4.4% |
| Other operating charges | 640/8 | €5,203 | €4,110 | -€1,093 | -21.0% |
| Gross operating margin | 9900 | €270,612 | €157,074 | -€113,538 | -42.0% |
| Operating profit (loss) | 9901 | €241,242 | €129,856 | -€111,386 | -46.2% |
| Financial income | 75/76B | €604 | - | -€604 | |
| Recurring financial income | 75 | €604 | - | -€604 | |
| Financial charges | 65/66B | €13,563 | €11,412 | -€2,151 | -15.9% |
| Recurring financial charges | 65 | €13,563 | €11,412 | -€2,151 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €228,283 | €118,444 | -€109,839 | -48.1% |
| Income taxes | 67/77 | €76,045 | €39,714 | -€36,331 | -47.8% |
| Profit (loss) for the period | 9904 | €152,238 | €78,730 | -€73,508 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €152,238 | €78,730 | -€73,508 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.