MRT: what changed
Two fiscal 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.
MRT
Largest movements
- Receivables within one year -€41,264
down €41,264 (-45.8%), from €90,155 to €48,891
of which Other amounts receivable: -€41,455
- Cash +€40,778
up €40,778 (+3199.0%), from €1,275 to €42,053
mainly Other debts (+€46,262) and Receivables within one year (+€41,264)
- Receivables after one year -€40,000
no longer reported in 2025 (was €40,000)
- Financial fixed assets +€4,900
new in 2025: €4,900
- Tangible fixed assets -€3,087
down €3,087 (-26.0%), from €11,886 to €8,798
of which Furniture and vehicles: -€2,739
- Contributions -€72,351
down €72,351 (-57.9%), from €125,000 to €52,649
- Other debts +€46,262
up €46,262 (+7165.3%), from €646 to €46,907
- Profit (loss) carried forward -€12,763
down €12,763 (-71.5%), from €17,849 to €5,086
- Financial income -€79,736
no longer reported in 2025 (was €79,736)
of which Financial income: -€78,391
- Gross operating margin -€8,188
down €8,188, from €7,486 to -€702
- Other operating charges -€212
down €212 (-29.0%), from €733 to €521
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 | €143,494 | €104,642 | -€38,852 | -27.1% |
| Fixed assets | 21/28 | €11,886 | €13,698 | +€1,813 | +15.3% |
| Tangible fixed assets | 22/27 | €11,886 | €8,798 | -€3,087 | -26.0% |
| Plant, machinery and equipment | 23 | €460 | €112 | -€349 | -75.7% |
| Furniture and vehicles | 24 | €11,425 | €8,687 | -€2,739 | -24.0% |
| Financial fixed assets | 28 | - | €4,900 | +€4,900 | |
| Current assets | 29/58 | €131,609 | €90,944 | -€40,665 | -30.9% |
| Amounts receivable after more than one year | 29 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | €40,000 | - | -€40,000 | |
| Amounts receivable within one year | 40/41 | €90,155 | €48,891 | -€41,264 | -45.8% |
| Trade receivables | 40 | - | €191 | +€191 | |
| Other amounts receivable | 41 | €90,155 | €48,700 | -€41,455 | -46.0% |
| Cash at bank and in hand | 54/58 | €1,275 | €42,053 | +€40,778 | +3199.0% |
| Deferred charges and accrued income | 490/1 | €179 | - | -€179 | |
| Total equity and liabilities | 10/49 | €143,494 | €104,642 | -€38,852 | -27.1% |
| Equity | 10/15 | €142,849 | €57,735 | -€85,114 | -59.6% |
| Contributions | 10/11 | €125,000 | €52,649 | -€72,351 | -57.9% |
| Profit (loss) carried forward | 14 | €17,849 | €5,086 | -€12,763 | -71.5% |
| Amounts payable | 17/49 | €646 | €46,907 | +€46,262 | +7165.3% |
| Amounts payable within one year | 42/48 | €646 | €46,907 | +€46,262 | +7165.3% |
| Other amounts payable | 47/48 | €646 | €46,907 | +€46,262 | +7165.3% |
| Non-recurring operating income | 76A | €8,936 | - | -€8,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,013 | €3,087 | +€75 | +2.5% |
| Other operating charges | 640/8 | €733 | €521 | -€212 | -29.0% |
| Gross operating margin | 9900 | €7,486 | -€702 | -€8,188 | |
| Operating profit (loss) | 9901 | €3,740 | -€4,310 | -€8,050 | |
| Financial income | 75/76B | €79,736 | - | -€79,736 | |
| Recurring financial income | 75 | €78,391 | - | -€78,391 | |
| Non-recurring financial income | 76B | €1,346 | - | -€1,346 | |
| Financial charges | 65/66B | €49 | €42 | -€7 | -13.6% |
| Recurring financial charges | 65 | €49 | €42 | -€7 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €83,427 | -€4,352 | -€87,780 | |
| Profit (loss) for the period | 9904 | €83,427 | -€4,352 | -€87,780 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,427 | -€4,352 | -€87,780 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.