MNH 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.
MNH Solutions
Largest movements
- Receivables within one year +€43,976
up €43,976 (+113%), from €39,019 to €82,995
of which Trade receivables: +€45,354
- Cash +€16,860
up €16,860 (+147%), from €11,496 to €28,356
mainly Trade debts (+€77,678) and Depreciation (+€12,028)
- Stocks and contracts +€13,950
up €13,950 (+199%), from €7,000 to €20,950
- Tangible fixed assets -€10,675
down €10,675 (-26.7%), from €40,005 to €29,330
of which Furniture and vehicles: -€9,297
- Trade debts +€77,678
new in 2025: €77,678
- Profit (loss) carried forward +€9,659
up €9,659 (+49.4%), from €19,566 to €29,225
- Debts after one year -€8,164
down €8,164 (-45.8%), from €17,816 to €9,652
- Tax, wage and social debts -€6,797
down €6,797 (-29.3%), from €23,222 to €16,425
of which Remuneration and social security: -€3,784
- Other debts -€6,267
down €6,267 (-25.8%), from €24,271 to €18,004
- Gross operating margin +€30,270
up €30,270 (+51.5%), from €58,798 to €89,068
- Staff costs +€23,722
up €23,722 (+59.4%), from €39,954 to €63,676
- Financial charges -€1,836
down €1,836 (-73.4%), from €2,502 to €667
- Taxes +€1,743
up €1,743 (+257%), from €679 to €2,422
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 | €98,299 | €163,663 | +€65,364 | +66.5% |
| Fixed assets | 21/28 | €40,005 | €29,589 | -€10,416 | -26.0% |
| Tangible fixed assets | 22/27 | €40,005 | €29,330 | -€10,675 | -26.7% |
| Plant, machinery and equipment | 23 | €3,462 | €2,084 | -€1,378 | -39.8% |
| Furniture and vehicles | 24 | €36,543 | €27,246 | -€9,297 | -25.4% |
| Financial fixed assets | 28 | - | €259 | +€259 | |
| Current assets | 29/58 | €58,294 | €134,074 | +€75,780 | +130% |
| Stocks and contracts in progress | 3 | €7,000 | €20,950 | +€13,950 | +199% |
| Stocks | 30/36 | €7,000 | €20,950 | +€13,950 | +199% |
| Amounts receivable within one year | 40/41 | €39,019 | €82,995 | +€43,976 | +113% |
| Trade receivables | 40 | €25,729 | €71,083 | +€45,354 | +176% |
| Other amounts receivable | 41 | €13,290 | €11,912 | -€1,377 | -10.4% |
| Cash at bank and in hand | 54/58 | €11,496 | €28,356 | +€16,860 | +147% |
| Deferred charges and accrued income | 490/1 | €779 | €1,772 | +€993 | +127% |
| Total equity and liabilities | 10/49 | €98,299 | €163,663 | +€65,364 | +66.5% |
| Equity | 10/15 | €24,566 | €34,225 | +€9,659 | +39.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,566 | €29,225 | +€9,659 | +49.4% |
| Amounts payable | 17/49 | €73,733 | €129,438 | +€55,705 | +75.5% |
| Amounts payable after more than one year | 17 | €17,816 | €9,652 | -€8,164 | -45.8% |
| Financial debts | 170/4 | €17,816 | €9,652 | -€8,164 | -45.8% |
| Amounts payable within one year | 42/48 | €55,917 | €119,786 | +€63,869 | +114% |
| Current portion of amounts payable after more than one year | 42 | €8,425 | €7,679 | -€745 | -8.8% |
| Trade debts | 44 | - | €77,678 | +€77,678 | |
| Suppliers | 440/4 | - | €77,678 | +€77,678 | |
| Taxes, remuneration and social security | 45 | €23,222 | €16,425 | -€6,797 | -29.3% |
| Taxes | 450/3 | €6,647 | €3,635 | -€3,012 | -45.3% |
| Remuneration and social security | 454/9 | €16,574 | €12,790 | -€3,784 | -22.8% |
| Other amounts payable | 47/48 | €24,271 | €18,004 | -€6,267 | -25.8% |
| Remuneration, social security and pensions | 62 | €39,954 | €63,676 | +€23,722 | +59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,352 | €12,028 | -€324 | -2.6% |
| Other operating charges | 640/8 | €631 | €622 | -€9 | -1.5% |
| Gross operating margin | 9900 | €58,798 | €89,068 | +€30,270 | +51.5% |
| Operating profit (loss) | 9901 | €5,861 | €12,742 | +€6,881 | +117% |
| Financial income | 75/76B | €36 | €6 | -€30 | -84.6% |
| Recurring financial income | 75 | €36 | €1 | -€35 | -97.8% |
| Non-recurring financial income | 76B | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,502 | €667 | -€1,836 | -73.4% |
| Recurring financial charges | 65 | €2,502 | €667 | -€1,836 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €3,395 | €12,081 | +€8,686 | +256% |
| Income taxes | 67/77 | €679 | €2,422 | +€1,743 | +257% |
| Profit (loss) for the period | 9904 | €2,716 | €9,659 | +€6,943 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €2,716 | €9,659 | +€6,943 | +256% |
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 14 October 2026 via checked.be.