MRT-service: 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.
MRT-service
Largest movements
- Tangible fixed assets -€17,413
down €17,413 (-39.9%), from €43,644 to €26,231
of which Furniture and vehicles: -€14,477
- Stocks and contracts +€10,956
new in 2025: €10,956
of which Stocks: +€7,255
- Cash -€8,424
down €8,424 (-11.0%), from €76,569 to €68,145
mainly Trade debts (-€11,652) and Stocks and contracts (-€10,956)
- Receivables within one year +€1,974
up €1,974 (+14.7%), from €13,435 to €15,409
of which Other amounts receivable: +€5,596
- Trade debts -€11,652
down €11,652 (-92.3%), from €12,619 to €967
- Profit (loss) carried forward -€3,178
new in 2025: -€3,178
- Tax, wage and social debts -€2,210
down €2,210 (-52.6%), from €4,202 to €1,992
of which Remuneration and social security: -€3,613
- Other debts +€1,888
up €1,888 (+4.2%), from €45,114 to €47,003
- Gross operating margin -€23,908
down €23,908 (-54.9%), from €43,567 to €19,660
- Taxes -€6,678
down €6,678 (-94.7%), from €7,053 to €375
- Financial charges +€1,372
up €1,372 (+72.7%), from €1,888 to €3,260
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 | €137,271 | €123,469 | -€13,802 | -10.1% |
| Fixed assets | 21/28 | €43,644 | €26,231 | -€17,413 | -39.9% |
| Tangible fixed assets | 22/27 | €43,644 | €26,231 | -€17,413 | -39.9% |
| Plant, machinery and equipment | 23 | €4,977 | €2,041 | -€2,936 | -59.0% |
| Furniture and vehicles | 24 | €38,667 | €24,190 | -€14,477 | -37.4% |
| Current assets | 29/58 | €93,627 | €97,238 | +€3,611 | +3.9% |
| Stocks and contracts in progress | 3 | - | €10,956 | +€10,956 | |
| Stocks | 30/36 | - | €7,255 | +€7,255 | |
| Contracts in progress | 37 | - | €3,701 | +€3,701 | |
| Amounts receivable within one year | 40/41 | €13,435 | €15,409 | +€1,974 | +14.7% |
| Trade receivables | 40 | €6,459 | €2,837 | -€3,622 | -56.1% |
| Other amounts receivable | 41 | €6,976 | €12,572 | +€5,596 | +80.2% |
| Cash at bank and in hand | 54/58 | €76,569 | €68,145 | -€8,424 | -11.0% |
| Deferred charges and accrued income | 490/1 | €3,622 | €2,728 | -€895 | -24.7% |
| Total equity and liabilities | 10/49 | €137,271 | €123,469 | -€13,802 | -10.1% |
| Equity | 10/15 | €75,335 | €72,157 | -€3,178 | -4.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €72,335 | €72,335 | = | 0.0% |
| Distributable reserves | 133 | €72,335 | €72,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,178 | -€3,178 | |
| Amounts payable | 17/49 | €61,935 | €51,312 | -€10,624 | -17.2% |
| Amounts payable within one year | 42/48 | €61,935 | €49,962 | -€11,974 | -19.3% |
| Trade debts | 44 | €12,619 | €967 | -€11,652 | -92.3% |
| Suppliers | 440/4 | €12,619 | €967 | -€11,652 | -92.3% |
| Taxes, remuneration and social security | 45 | €4,202 | €1,992 | -€2,210 | -52.6% |
| Taxes | 450/3 | €589 | €1,992 | +€1,403 | +238% |
| Remuneration and social security | 454/9 | €3,613 | €0 | -€3,613 | -100% |
| Other amounts payable | 47/48 | €45,114 | €47,003 | +€1,888 | +4.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,514 | €18,908 | +€394 | +2.1% |
| Other operating charges | 640/8 | €1,026 | €881 | -€146 | -14.2% |
| Non-recurring operating charges | 66A | €613 | €0 | -€613 | -100% |
| Gross operating margin | 9900 | €43,567 | €19,660 | -€23,908 | -54.9% |
| Operating profit (loss) | 9901 | €23,414 | -€129 | -€23,543 | |
| Financial income | 75/76B | €559 | €586 | +€27 | +4.9% |
| Recurring financial income | 75 | €559 | €586 | +€27 | +4.9% |
| Financial charges | 65/66B | €1,888 | €3,260 | +€1,372 | +72.7% |
| Recurring financial charges | 65 | €1,888 | €3,260 | +€1,372 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €22,085 | -€2,803 | -€24,888 | |
| Income taxes | 67/77 | €7,053 | €375 | -€6,678 | -94.7% |
| Profit (loss) for the period | 9904 | €15,033 | -€3,178 | -€18,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,033 | -€3,178 | -€18,211 |
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 20 October 2026 via checked.be.