MT CONSULT: 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 CONSULT
Largest movements
- Receivables within one year -€63,872
down €63,872 (-22.7%), from €280,830 to €216,958
of which Other amounts receivable: -€63,261
- Cash -€39,059
down €39,059 (-76.2%), from €51,249 to €12,190
mainly Contributions, distributions and other (-€94,500) and Debts after one year (-€27,818)
- Reserves -€76,500
down €76,500 (-24.1%), from €317,360 to €240,860
of which Distributable reserves: -€76,500
- Debts after one year -€27,818
down €27,818 (-17.9%), from €155,549 to €127,730
- Tax, wage and social debts +€8,178
up €8,178 (+117.6%), from €6,956 to €15,134
- Gross operating margin -€1,559
down €1,559 (-2.8%), from €55,864 to €54,304
- Financial income -€1,444
down €1,444 (-23.0%), from €6,288 to €4,844
- Taxes -€609
down €609 (-5.2%), from €11,785 to €11,176
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 | €598,024 | €500,401 | -€97,624 | -16.3% |
| Fixed assets | 21/28 | €261,753 | €266,529 | +€4,775 | +1.8% |
| Tangible fixed assets | 22/27 | €261,753 | €266,529 | +€4,775 | +1.8% |
| Land and buildings | 22 | €257,029 | €237,918 | -€19,111 | -7.4% |
| Furniture and vehicles | 24 | €4,725 | €3,653 | -€1,072 | -22.7% |
| Other tangible fixed assets | 26 | - | €24,958 | +€24,958 | |
| Current assets | 29/58 | €336,271 | €233,872 | -€102,399 | -30.5% |
| Amounts receivable within one year | 40/41 | €280,830 | €216,958 | -€63,872 | -22.7% |
| Trade receivables | 40 | €44,547 | €43,935 | -€612 | -1.4% |
| Other amounts receivable | 41 | €236,283 | €173,023 | -€63,261 | -26.8% |
| Cash at bank and in hand | 54/58 | €51,249 | €12,190 | -€39,059 | -76.2% |
| Deferred charges and accrued income | 490/1 | €4,192 | €4,724 | +€532 | +12.7% |
| Total equity and liabilities | 10/49 | €598,024 | €500,401 | -€97,624 | -16.3% |
| Equity | 10/15 | €403,240 | €329,009 | -€74,232 | -18.4% |
| Contributions | 10/11 | €7,440 | €7,440 | = | 0.0% |
| Reserves | 13 | €317,360 | €240,860 | -€76,500 | -24.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €315,500 | €239,000 | -€76,500 | -24.2% |
| Profit (loss) carried forward | 14 | €78,440 | €80,709 | +€2,268 | +2.9% |
| Amounts payable | 17/49 | €194,784 | €171,392 | -€23,392 | -12.0% |
| Amounts payable after more than one year | 17 | €155,549 | €127,730 | -€27,818 | -17.9% |
| Financial debts | 170/4 | €155,549 | €127,730 | -€27,818 | -17.9% |
| Amounts payable within one year | 42/48 | €39,235 | €43,662 | +€4,426 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €31,593 | €27,818 | -€3,775 | -11.9% |
| Trade debts | 44 | €686 | €709 | +€23 | +3.4% |
| Suppliers | 440/4 | €686 | €709 | +€23 | +3.4% |
| Taxes, remuneration and social security | 45 | €6,956 | €15,134 | +€8,178 | +117.6% |
| Taxes | 450/3 | €6,956 | €15,134 | +€8,178 | +117.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,349 | €21,305 | -€44 | -0.2% |
| Other operating charges | 640/8 | €1,448 | €1,758 | +€310 | +21.4% |
| Gross operating margin | 9900 | €55,864 | €54,304 | -€1,559 | -2.8% |
| Operating profit (loss) | 9901 | €33,067 | €31,241 | -€1,826 | -5.5% |
| Financial income | 75/76B | €6,288 | €4,844 | -€1,444 | -23.0% |
| Recurring financial income | 75 | €6,288 | €4,844 | -€1,444 | -23.0% |
| Financial charges | 65/66B | €5,192 | €4,642 | -€550 | -10.6% |
| Recurring financial charges | 65 | €5,192 | €4,642 | -€550 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €34,163 | €31,444 | -€2,719 | -8.0% |
| Income taxes | 67/77 | €11,785 | €11,176 | -€609 | -5.2% |
| Profit (loss) for the period | 9904 | €22,378 | €20,268 | -€2,110 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,378 | €20,268 | -€2,110 | -9.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.