MRT INFRA: what changed
MRT INFRA
Largest movements
- Current investments +€3,921
new in 2025: €3,921
- Receivables within one year +€1,986
up €1,986 (+8.8%), from €22,503 to €24,489
of which Trade receivables: +€17,028
- Tangible fixed assets +€1,440
up €1,440 (+2.1%), from €67,348 to €68,788
of which Furniture and vehicles: +€5,374
- Profit (loss) carried forward +€35,176
up €35,176 (+58.1%), from €60,521 to €95,697
- Tax, wage and social debts -€27,829
no longer reported in 2025 (was €27,829)
- Gross operating margin +€46,957
up €46,957 (+38.2%), from €122,951 to €169,908
- Staff costs +€34,356
up €34,356 (+41.8%), from €82,129 to €116,484
- Depreciation +€9,193
up €9,193 (+115%), from €8,004 to €17,197
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,850 | €97,197 | +€7,347 | +8.2% |
| Fixed assets | 21/28 | €67,348 | €68,788 | +€1,440 | +2.1% |
| Tangible fixed assets | 22/27 | €67,348 | €68,788 | +€1,440 | +2.1% |
| Plant, machinery and equipment | 23 | €21,748 | €17,814 | -€3,934 | -18.1% |
| Furniture and vehicles | 24 | €45,600 | €50,974 | +€5,374 | +11.8% |
| Current assets | 29/58 | €22,503 | €28,410 | +€5,907 | +26.3% |
| Amounts receivable within one year | 40/41 | €22,503 | €24,489 | +€1,986 | +8.8% |
| Trade receivables | 40 | - | €17,028 | +€17,028 | |
| Other amounts receivable | 41 | €22,503 | €7,461 | -€15,042 | -66.8% |
| Current investments | 50/53 | - | €3,921 | +€3,921 | |
| Total equity and liabilities | 10/49 | €89,850 | €97,197 | +€7,347 | +8.2% |
| Equity | 10/15 | €62,021 | €97,197 | +€35,176 | +56.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,521 | €95,697 | +€35,176 | +58.1% |
| Amounts payable | 17/49 | €27,829 | - | -€27,829 | |
| Amounts payable within one year | 42/48 | €27,829 | - | -€27,829 | |
| Taxes, remuneration and social security | 45 | €27,829 | - | -€27,829 | |
| Remuneration and social security | 454/9 | €27,829 | - | -€27,829 | |
| Remuneration, social security and pensions | 62 | €82,129 | €116,484 | +€34,356 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,004 | €17,197 | +€9,193 | +115% |
| Other operating charges | 640/8 | €62 | €356 | +€294 | +475% |
| Gross operating margin | 9900 | €122,951 | €169,908 | +€46,957 | +38.2% |
| Operating profit (loss) | 9901 | €32,757 | €35,870 | +€3,114 | +9.5% |
| Financial charges | 65/66B | €1,082 | €694 | -€388 | -35.8% |
| Recurring financial charges | 65 | €1,082 | €692 | -€390 | -36.0% |
| Non-recurring financial charges | 66B | - | €2 | +€2 | |
| Profit (loss) for the period before taxes | 9903 | €31,675 | €35,176 | +€3,501 | +11.1% |
| Profit (loss) for the period | 9904 | €31,675 | €35,176 | +€3,501 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,675 | €35,176 | +€3,501 | +11.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.