MT 27: 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.
MT 27
Largest movements
- Receivables within one year +€2,797
up €2,797 (+596.1%), from €469 to €3,266
of which Trade receivables: +€1,931
- Cash -€2,406
down €2,406 (-53.3%), from €4,510 to €2,104
mainly Receivables within one year (-€2,797) and Tax, wage and social debts (-€948)
- Tax, wage and social debts -€948
down €948 (-89.9%), from €1,055 to €107
of which Taxes: -€1,055
- Trade debts +€742
up €742 (+34.6%), from €2,144 to €2,886
- Profit (loss) carried forward +€597
up €597 (+112.6%), from €530 to €1,127
- Other operating charges -€3,859
down €3,859 (-70.0%), from €5,514 to €1,655
- Gross operating margin -€2,487
down €2,487 (-28.8%), from €8,639 to €6,152
- Financial charges +€804
up €804 (+26.0%), from €3,096 to €3,900
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 | €5,729 | €6,120 | +€391 | +6.8% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €4,979 | €5,370 | +€391 | +7.9% |
| Amounts receivable within one year | 40/41 | €469 | €3,266 | +€2,797 | +596.1% |
| Trade receivables | 40 | €469 | €2,400 | +€1,931 | +411.5% |
| Other amounts receivable | 41 | - | €866 | +€866 | |
| Cash at bank and in hand | 54/58 | €4,510 | €2,104 | -€2,406 | -53.3% |
| Total equity and liabilities | 10/49 | €5,729 | €6,120 | +€391 | +6.8% |
| Equity | 10/15 | €2,530 | €3,127 | +€597 | +23.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €530 | €1,127 | +€597 | +112.6% |
| Amounts payable | 17/49 | €3,199 | €2,993 | -€206 | -6.4% |
| Amounts payable within one year | 42/48 | €3,199 | €2,993 | -€206 | -6.4% |
| Trade debts | 44 | €2,144 | €2,886 | +€742 | +34.6% |
| Suppliers | 440/4 | €2,144 | €2,886 | +€742 | +34.6% |
| Taxes, remuneration and social security | 45 | €1,055 | €107 | -€948 | -89.9% |
| Taxes | 450/3 | €1,055 | - | -€1,055 | |
| Remuneration and social security | 454/9 | - | €107 | +€107 | |
| Non-recurring operating income | 76A | €3,141 | - | -€3,141 | |
| Other operating charges | 640/8 | €5,514 | €1,655 | -€3,859 | -70.0% |
| Gross operating margin | 9900 | €8,639 | €6,152 | -€2,487 | -28.8% |
| Operating profit (loss) | 9901 | €3,126 | €4,497 | +€1,371 | +43.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,096 | €3,900 | +€804 | +26.0% |
| Recurring financial charges | 65 | €3,096 | €3,900 | +€804 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €30 | €597 | +€567 | +1894.0% |
| Profit (loss) for the period | 9904 | €30 | €597 | +€567 | +1894.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30 | €597 | +€567 | +1894.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.