MT GROUP: 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 GROUP
Largest movements
- Financial fixed assets -€166,359
no longer reported in 2023 (was €166,359)
- Other debts -€150,339
down €150,339 (-86.3%), from €174,159 to €23,819
- Profit (loss) carried forward -€25,560
down €25,560 (-18.7%), from -€136,916 to -€162,475
- Short-term financial debts +€9,992
up €9,992 (+1.8%), from €550,000 to €559,992
- Gross operating margin +€166,547
up €166,547, from -€1,591 to €164,956
- Depreciation +€132,517
up €132,517 (+392.7%), from €33,741 to €166,259
- Financial charges +€16,889
up €16,889 (+98.5%), from €17,139 to €34,028
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,174 | €444,075 | -€164,099 | -27.0% |
| Fixed assets | 21/28 | €166,359 | - | -€166,359 | |
| Financial fixed assets | 28 | €166,359 | - | -€166,359 | |
| Current assets | 29/58 | €441,815 | €444,075 | +€2,260 | +0.5% |
| Amounts receivable after more than one year | 29 | €441,344 | €444,075 | +€2,732 | +0.6% |
| Other amounts receivable | 291 | €441,344 | €444,075 | +€2,732 | +0.6% |
| Cash at bank and in hand | 54/58 | €472 | - | -€472 | |
| Total equity and liabilities | 10/49 | €608,174 | €444,075 | -€164,099 | -27.0% |
| Equity | 10/15 | -€116,456 | -€142,015 | -€25,560 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,916 | -€162,475 | -€25,560 | -18.7% |
| Amounts payable | 17/49 | €724,630 | €586,091 | -€138,539 | -19.1% |
| Amounts payable within one year | 42/48 | €724,630 | €586,091 | -€138,539 | -19.1% |
| Financial debts | 43 | €550,000 | €559,992 | +€9,992 | +1.8% |
| Credit institutions | 430/8 | €550,000 | €559,992 | +€9,992 | +1.8% |
| Trade debts | 44 | €471 | €2,279 | +€1,808 | +383.8% |
| Suppliers | 440/4 | €471 | €2,279 | +€1,808 | +383.8% |
| Other amounts payable | 47/48 | €174,159 | €23,819 | -€150,339 | -86.3% |
| Non-recurring operating income | 76A | - | €166,259 | +€166,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,741 | €166,259 | +€132,517 | +392.7% |
| Other operating charges | 640/8 | €748 | €1,044 | +€297 | +39.7% |
| Gross operating margin | 9900 | -€1,591 | €164,956 | +€166,547 | |
| Operating profit (loss) | 9901 | -€36,080 | -€2,347 | +€33,733 | +93.5% |
| Financial income | 75/76B | €10,755 | €10,815 | +€60 | +0.6% |
| Recurring financial income | 75 | €10,755 | €10,815 | +€60 | +0.6% |
| Financial charges | 65/66B | €17,139 | €34,028 | +€16,889 | +98.5% |
| Recurring financial charges | 65 | €17,139 | €34,028 | +€16,889 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | -€42,464 | -€25,560 | +€16,904 | +39.8% |
| Profit (loss) for the period | 9904 | -€42,464 | -€25,560 | +€16,904 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,464 | -€25,560 | +€16,904 | +39.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.