MRT U: 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 U
Largest movements
- Stocks and contracts +€3,599
up €3,599 (+73.1%), from €4,920 to €8,519
- Cash +€2,872
up €2,872 (+10.1%), from €28,355 to €31,226
mainly Accrued charges and deferred income (+€13,628) and Tax, wage and social debts (+€6,902)
- Receivables within one year -€516
no longer reported in 2025 (was €516)
- Profit (loss) carried forward -€14,353
down €14,353 (-60.7%), from €23,657 to €9,304
- Accrued charges and deferred income +€13,628
new in 2025: €13,628
- Tax, wage and social debts +€6,902
up €6,902 (+93.9%), from €7,352 to €14,254
- Gross operating margin -€26,749
down €26,749, from €23,550 to -€3,199
- Staff costs -€9,770
down €9,770 (-48.3%), from €20,227 to €10,457
- Taxes -€3,147
no longer reported in 2025 (was €3,147)
- Other operating charges +€696
new in 2025: €696
- Financial charges -€581
down €581 (-100.0%), from €581 to €0
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 | €33,791 | €39,745 | +€5,954 | +17.6% |
| Current assets | 29/58 | €33,791 | €39,745 | +€5,954 | +17.6% |
| Stocks and contracts in progress | 3 | €4,920 | €8,519 | +€3,599 | +73.1% |
| Stocks | 30/36 | €4,920 | €8,519 | +€3,599 | +73.1% |
| Amounts receivable within one year | 40/41 | €516 | - | -€516 | |
| Other amounts receivable | 41 | €516 | - | -€516 | |
| Cash at bank and in hand | 54/58 | €28,355 | €31,226 | +€2,872 | +10.1% |
| Total equity and liabilities | 10/49 | €33,791 | €39,745 | +€5,954 | +17.6% |
| Equity | 10/15 | €26,157 | €11,804 | -€14,353 | -54.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,657 | €9,304 | -€14,353 | -60.7% |
| Amounts payable | 17/49 | €7,634 | €27,941 | +€20,307 | +266.0% |
| Amounts payable within one year | 42/48 | €7,634 | €14,313 | +€6,679 | +87.5% |
| Trade debts | 44 | €282 | €59 | -€223 | -79.1% |
| Suppliers | 440/4 | €282 | €59 | -€223 | -79.1% |
| Taxes, remuneration and social security | 45 | €7,352 | €14,254 | +€6,902 | +93.9% |
| Taxes | 450/3 | €7,352 | €14,254 | +€6,902 | +93.9% |
| Accrued charges and deferred income | 492/3 | - | €13,628 | +€13,628 | |
| Remuneration, social security and pensions | 62 | €20,227 | €10,457 | -€9,770 | -48.3% |
| Other operating charges | 640/8 | - | €696 | +€696 | |
| Gross operating margin | 9900 | €23,550 | -€3,199 | -€26,749 | |
| Operating profit (loss) | 9901 | €3,323 | -€14,353 | -€17,675 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €581 | €0 | -€581 | -100.0% |
| Recurring financial charges | 65 | €581 | €0 | -€581 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €2,742 | -€14,353 | -€17,094 | |
| Income taxes | 67/77 | €3,147 | - | -€3,147 | |
| Profit (loss) for the period | 9904 | -€405 | -€14,353 | -€13,948 | -3443.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€405 | -€14,353 | -€13,948 | -3443.4% |
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 9 October 2026 via checked.be.