Mt.L.: 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.L.
Largest movements
- Current investments -€7,955
down €7,955 (-58.9%), from €13,500 to €5,545
- Tangible fixed assets +€2,286
up €2,286 (+112.6%), from €2,030 to €4,316
- Receivables within one year +€546
up €546 (+55.2%), from €990 to €1,537
of which Other amounts receivable: +€401
- Cash +€485
up €485 (+98.5%), from €493 to €979
mainly Current investments (+€7,955) and Depreciation (+€1,147)
- Profit (loss) carried forward -€4,190
down €4,190, from €4,188 to -€3
- Trade debts -€237
down €237 (-54.5%), from €436 to €198
- Gross operating margin -€843
down €843 (-126.7%), from -€665 to -€1,508
- Other operating charges +€553
up €553 (+81.2%), from €682 to €1,235
- Depreciation +€167
up €167 (+17.1%), from €980 to €1,147
- Financial income +€60
up €60 (+143.6%), from €42 to €103
- Taxes +€19
up €19 (+5.5%), from €335 to €354
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 | €21,623 | €17,196 | -€4,427 | -20.5% |
| Fixed assets | 21/28 | €2,030 | €4,316 | +€2,286 | +112.6% |
| Tangible fixed assets | 22/27 | €2,030 | €4,316 | +€2,286 | +112.6% |
| Furniture and vehicles | 24 | €2,030 | €4,316 | +€2,286 | +112.6% |
| Current assets | 29/58 | €19,593 | €12,880 | -€6,713 | -34.3% |
| Amounts receivable within one year | 40/41 | €990 | €1,537 | +€546 | +55.2% |
| Trade receivables | 40 | €581 | €726 | +€145 | +25.0% |
| Other amounts receivable | 41 | €409 | €811 | +€401 | +98.0% |
| Current investments | 50/53 | €13,500 | €5,545 | -€7,955 | -58.9% |
| Cash at bank and in hand | 54/58 | €493 | €979 | +€485 | +98.5% |
| Deferred charges and accrued income | 490/1 | €4,610 | €4,820 | +€210 | +4.6% |
| Total equity and liabilities | 10/49 | €21,623 | €17,196 | -€4,427 | -20.5% |
| Equity | 10/15 | €20,843 | €16,652 | -€4,190 | -20.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,455 | €10,455 | = | 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% |
| Distributable reserves | 133 | €8,595 | €8,595 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,188 | -€3 | -€4,190 | |
| Amounts payable | 17/49 | €780 | €544 | -€237 | -30.3% |
| Amounts payable within one year | 42/48 | €780 | €544 | -€237 | -30.3% |
| Trade debts | 44 | €436 | €198 | -€237 | -54.5% |
| Suppliers | 440/4 | €436 | €198 | -€237 | -54.5% |
| Taxes, remuneration and social security | 45 | €345 | €345 | +€1 | +0.2% |
| Taxes | 450/3 | €345 | €345 | +€1 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €980 | €1,147 | +€167 | +17.1% |
| Other operating charges | 640/8 | €682 | €1,235 | +€553 | +81.2% |
| Gross operating margin | 9900 | -€665 | -€1,508 | -€843 | -126.7% |
| Operating profit (loss) | 9901 | -€2,327 | -€3,890 | -€1,563 | -67.2% |
| Financial income | 75/76B | €42 | €103 | +€60 | +143.6% |
| Recurring financial income | 75 | €42 | €103 | +€60 | +143.6% |
| Financial charges | 65/66B | €49 | €49 | = | 0.0% |
| Recurring financial charges | 65 | €49 | €49 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,334 | -€3,837 | -€1,503 | -64.4% |
| Income taxes | 67/77 | €335 | €354 | +€19 | +5.5% |
| Profit (loss) for the period | 9904 | -€2,669 | -€4,190 | -€1,522 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,669 | -€4,190 | -€1,522 | -57.0% |
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 6 October 2026 via checked.be.