MT Engineering: 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.
MT Engineering
Largest movements
- Financial fixed assets -€794,902
down €794,902 (-100.0%), from €795,000 to €98
- Receivables within one year +€271,906
up €271,906 (+1,140%), from €23,858 to €295,764
of which Other amounts receivable: +€246,613
- Profit (loss) carried forward -€373,154
down €373,154, from €0 to -€373,154
- Debts after one year -€116,516
down €116,516 (-27.4%), from €424,596 to €308,081
- Tax, wage and social debts +€25,495
up €25,495 (+116%), from €22,067 to €47,562
of which Taxes: +€33,068
- Other debts -€19,061
down €19,061 (-9.3%), from €204,805 to €185,744
- Current portion of long-term debt -€17,363
down €17,363 (-19.6%), from €88,583 to €71,220
- Gross operating margin +€84,525
up €84,525 (+192%), from €44,126 to €128,651
- Taxes +€27,714
up €27,714 (+494%), from €5,608 to €33,322
- Financial charges -€4,207
down €4,207 (-37.8%), from €11,144 to €6,937
- Other operating charges -€1,948
down €1,948 (-81.5%), from €2,391 to €442
- Financial income +€1,895
up €1,895 (+315,880%), from €1 to €1,896
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 | €822,535 | €304,625 | -€517,909 | -63.0% |
| Fixed assets | 21/28 | €796,756 | €2,298 | -€794,458 | -99.7% |
| Tangible fixed assets | 22/27 | €1,756 | €2,200 | +€444 | +25.3% |
| Furniture and vehicles | 24 | €1,756 | €2,200 | +€444 | +25.3% |
| Financial fixed assets | 28 | €795,000 | €98 | -€794,902 | -100.0% |
| Current assets | 29/58 | €25,778 | €302,327 | +€276,549 | +1,073% |
| Amounts receivable within one year | 40/41 | €23,858 | €295,764 | +€271,906 | +1,140% |
| Trade receivables | 40 | €1,300 | €26,593 | +€25,293 | +1,946% |
| Other amounts receivable | 41 | €22,558 | €269,171 | +€246,613 | +1,093% |
| Cash at bank and in hand | 54/58 | €500 | €6,559 | +€6,059 | +1,211% |
| Deferred charges and accrued income | 490/1 | €1,420 | €4 | -€1,416 | -99.7% |
| Total equity and liabilities | 10/49 | €822,535 | €304,625 | -€517,909 | -63.0% |
| Equity | 10/15 | €59,424 | -€313,731 | -€373,154 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €9,424 | €9,424 | = | 0.0% |
| Distributable reserves | 133 | €9,424 | €9,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€373,154 | -€373,154 | |
| Amounts payable | 17/49 | €763,111 | €618,356 | -€144,755 | -19.0% |
| Amounts payable after more than one year | 17 | €424,596 | €308,081 | -€116,516 | -27.4% |
| Financial debts | 170/4 | €424,596 | €308,081 | -€116,516 | -27.4% |
| Amounts payable within one year | 42/48 | €334,830 | €309,742 | -€25,088 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €88,583 | €71,220 | -€17,363 | -19.6% |
| Financial debts | 43 | €5,061 | €0 | -€5,061 | -100% |
| Credit institutions | 430/8 | €5,061 | €0 | -€5,061 | -100% |
| Trade debts | 44 | €14,314 | €5,216 | -€9,098 | -63.6% |
| Suppliers | 440/4 | €14,314 | €5,216 | -€9,098 | -63.6% |
| Taxes, remuneration and social security | 45 | €22,067 | €47,562 | +€25,495 | +116% |
| Taxes | 450/3 | €13,006 | €46,074 | +€33,068 | +254% |
| Remuneration and social security | 454/9 | €9,061 | €1,489 | -€7,572 | -83.6% |
| Other amounts payable | 47/48 | €204,805 | €185,744 | -€19,061 | -9.3% |
| Accrued charges and deferred income | 492/3 | €3,684 | €533 | -€3,151 | -85.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,077 | €570 | -€507 | -47.1% |
| Other operating charges | 640/8 | €2,391 | €442 | -€1,948 | -81.5% |
| Non-recurring operating charges | 66A | €20 | €462,430 | +€462,410 | +2,274,518% |
| Gross operating margin | 9900 | €44,126 | €128,651 | +€84,525 | +192% |
| Operating profit (loss) | 9901 | €40,639 | -€334,791 | -€375,430 | |
| Financial income | 75/76B | €1 | €1,896 | +€1,895 | +315,880% |
| Recurring financial income | 75 | €1 | €1,896 | +€1,895 | +315,880% |
| Financial charges | 65/66B | €11,144 | €6,937 | -€4,207 | -37.8% |
| Recurring financial charges | 65 | €11,144 | €6,937 | -€4,207 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €29,495 | -€339,832 | -€369,327 | |
| Income taxes | 67/77 | €5,608 | €33,322 | +€27,714 | +494% |
| Profit (loss) for the period | 9904 | €23,887 | -€373,154 | -€397,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,887 | -€373,154 | -€397,042 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.