MPHASIS BELGIUM: 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.
What changed
MPHASIS BELGIUM
NACE 62.900, Other information technology and computer services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €1.0m+€381,054
Equity
€13.6m
2024 · €12.2m+€1.4m
Cash
€1.2m
2024 · €2.6m-€1.4m
Balance sheet total
€21.4m
2024 · €21.3m+€143,395
Largest movements
Assets
- Cash -€1.4m
down €1.4m (-55.1%), from €2.6m to €1.2m
mainly Trade debts (-€1.4m) and Receivables within one year (-€973,831)
- Receivables within one year +€973,831
up €973,831 (+5.4%), from €17.9m to €18.9m
of which Other amounts receivable: +€539,814
- Deferred charges and accrued income +€545,770
up €545,770 (+67.8%), from €804,903 to €1.4m
Equity and liabilities
- Profit (loss) carried forward +€1.4m
up €1.4m (+11.7%), from €12.1m to €13.6m
- Trade debts -€1.4m
down €1.4m (-18.0%), from €7.9m to €6.4m
Income statement
- Services and other goods -€4.2m
down €4.2m (-23.5%), from €17.9m to €13.7m
- Turnover -€3.3m
down €3.3m (-14.1%), from €23.3m to €20.0m
- Staff costs +€485,504
up €485,504 (+10.8%), from €4.5m to €5.0m
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.
Result 2024
€1.0m
Turnover
-€3.3m
Services and other goods
+€4.2m
Staff costs
-€485,504
Depreciation
-€34,052
Write-downs
-€777
Other operating charges
+€9,326
Financial income
-€67,534
Financial charges
+€128,012
Taxes
-€90,008
Result 2025
€1.4m
raises the resultlowers the result
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.
From operations
-€1.3m
Investment
-€78,317
Financing
€0
Cash 2024
€2.6m
From operations (derived)
-€1.3m
Net result for the year
+€1.4m
Depreciation
+€37,784
Receivables within one year
-€973,831
Deferred charges and accrued income
-€545,770
Trade debts
-€1.4m
Tax, wage and social debts
+€133,783
Other debts
+€965
Accrued charges and deferred income
+€4,386
Investment (derived)
-€78,317
Investment in fixed assets (net)
-€78,317
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,296,190 | €21,439,585 | +€143,395 | +0.7% |
| Fixed assets | 21/28 | €29,570 | €70,103 | +€40,533 | +137% |
| Tangible fixed assets | 22/27 | €29,385 | €64,476 | +€35,091 | +119% |
| Plant, machinery and equipment | 23 | €29,069 | €40,379 | +€11,310 | +38.9% |
| Furniture and vehicles | 24 | €315 | €24,097 | +€23,782 | +7,539% |
| Financial fixed assets | 28 | €185 | €5,626 | +€5,441 | +2,941% |
| Other financial fixed assets | 284/8 | €185 | €5,626 | +€5,441 | +2,941% |
| Amounts receivable and cash guarantees | 285/8 | €185 | €5,626 | +€5,441 | +2,941% |
| Current assets | 29/58 | €21,266,620 | €21,369,483 | +€102,862 | +0.5% |
| Amounts receivable within one year | 40/41 | €17,889,791 | €18,863,622 | +€973,831 | +5.4% |
| Trade receivables | 40 | €4,010,591 | €4,444,607 | +€434,016 | +10.8% |
| Other amounts receivable | 41 | €13,879,200 | €14,419,015 | +€539,814 | +3.9% |
| Cash at bank and in hand | 54/58 | €2,571,926 | €1,155,188 | -€1.4m | -55.1% |
| Deferred charges and accrued income | 490/1 | €804,903 | €1,350,673 | +€545,770 | +67.8% |
| Total equity and liabilities | 10/49 | €21,296,190 | €21,439,585 | +€143,395 | +0.7% |
| Equity | 10/15 | €12,158,750 | €13,577,410 | +€1.4m | +11.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €10,168 | €10,168 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,168 | €10,168 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,168 | €10,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,142,282 | €13,560,942 | +€1.4m | +11.7% |
| Amounts payable | 17/49 | €9,137,440 | €7,862,175 | -€1.3m | -14.0% |
| Amounts payable within one year | 42/48 | €9,091,101 | €7,811,450 | -€1.3m | -14.1% |
| Trade debts | 44 | €7,858,567 | €6,444,169 | -€1.4m | -18.0% |
| Suppliers | 440/4 | €7,858,567 | €6,444,169 | -€1.4m | -18.0% |
| Taxes, remuneration and social security | 45 | €1,210,783 | €1,344,566 | +€133,783 | +11.0% |
| Taxes | 450/3 | €305,028 | €346,481 | +€41,453 | +13.6% |
| Remuneration and social security | 454/9 | €905,756 | €998,086 | +€92,330 | +10.2% |
| Other amounts payable | 47/48 | €21,750 | €22,715 | +€965 | +4.4% |
| Accrued charges and deferred income | 492/3 | €46,339 | €50,725 | +€4,386 | +9.5% |
| Operating income | 70/76A | €23,273,509 | €19,988,765 | -€3.3m | -14.1% |
| Turnover | 70 | €23,273,509 | €19,988,765 | -€3.3m | -14.1% |
| Operating charges | 60/66A | €22,453,905 | €18,758,577 | -€3.7m | -16.5% |
| Services and other goods | 61 | €17,917,746 | €13,711,412 | -€4.2m | -23.5% |
| Remuneration, social security and pensions | 62 | €4,506,903 | €4,992,407 | +€485,504 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,731 | €37,784 | +€34,052 | +913% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €200 | €977 | +€777 | +388% |
| Other operating charges | 640/8 | €25,324 | €15,998 | -€9,326 | -36.8% |
| Operating profit (loss) | 9901 | €819,604 | €1,230,188 | +€410,584 | +50.1% |
| Financial income | 75/76B | €1,100,707 | €1,033,173 | -€67,534 | -6.1% |
| Recurring financial income | 75 | €1,100,707 | €1,033,173 | -€67,534 | -6.1% |
| Income from current assets | 751 | €920,359 | €943,746 | +€23,388 | +2.5% |
| Other financial income | 752/9 | €180,348 | €89,427 | -€90,922 | -50.4% |
| Financial charges | 65/66B | €237,412 | €109,400 | -€128,012 | -53.9% |
| Recurring financial charges | 65 | €237,412 | €109,400 | -€128,012 | -53.9% |
| Other financial charges | 652/9 | €237,412 | €109,400 | -€128,012 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €1,682,899 | €2,153,961 | +€471,062 | +28.0% |
| Income taxes | 67/77 | €645,293 | €735,301 | +€90,008 | +13.9% |
| Taxes | 670/3 | €645,293 | €735,301 | +€90,008 | +13.9% |
| Profit (loss) for the period | 9904 | €1,037,606 | €1,418,660 | +€381,054 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,037,606 | €1,418,660 | +€381,054 | +36.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.