MT PROPERTY: 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 PROPERTY
Largest movements
- Receivables within one year +€10,328
up €10,328 (+6,799%), from €152 to €10,480
of which Trade receivables: +€10,090
- Cash +€1,318
up €1,318 (+353%), from €374 to €1,691
mainly Trade debts (+€20,214) and Tax, wage and social debts (+€330)
- Tangible fixed assets +€1,063
new in 2025: €1,063
- Trade debts +€20,214
up €20,214 (+373%), from €5,418 to €25,632
of which Suppliers: +€20,240
- Other debts -€8,072
down €8,072 (-23.6%), from €34,190 to €26,118
- Other operating charges +€1,426
new in 2025: €1,426
- Gross operating margin -€904
down €904 (-23.1%), from €3,916 to €3,012
- Taxes +€741
up €741 (+153%), from €485 to €1,226
- Depreciation +€56
new in 2025: €56
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 | €48,526 | €61,234 | +€12,708 | +26.2% |
| Fixed assets | 21/28 | €48,000 | €49,063 | +€1,063 | +2.2% |
| Tangible fixed assets | 22/27 | - | €1,063 | +€1,063 | |
| Furniture and vehicles | 24 | - | €1,063 | +€1,063 | |
| Financial fixed assets | 28 | €48,000 | €48,000 | = | 0.0% |
| Current assets | 29/58 | €526 | €12,171 | +€11,645 | +2,216% |
| Amounts receivable within one year | 40/41 | €152 | €10,480 | +€10,328 | +6,799% |
| Trade receivables | 40 | - | €10,090 | +€10,090 | |
| Other amounts receivable | 41 | €152 | €390 | +€238 | +157% |
| Cash at bank and in hand | 54/58 | €374 | €1,691 | +€1,318 | +353% |
| Total equity and liabilities | 10/49 | €48,526 | €61,234 | +€12,708 | +26.2% |
| Equity | 10/15 | €7,882 | €8,118 | +€236 | +3.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,882 | €3,118 | +€236 | +8.2% |
| Amounts payable | 17/49 | €40,644 | €53,116 | +€12,472 | +30.7% |
| Amounts payable within one year | 42/48 | €40,644 | €53,116 | +€12,472 | +30.7% |
| Trade debts | 44 | €5,418 | €25,632 | +€20,214 | +373% |
| Suppliers | 440/4 | €5,392 | €25,632 | +€20,240 | +375% |
| Bills of exchange payable | 441 | €26 | - | -€26 | |
| Taxes, remuneration and social security | 45 | €1,037 | €1,366 | +€330 | +31.8% |
| Taxes | 450/3 | €1,037 | €1,366 | +€330 | +31.8% |
| Other amounts payable | 47/48 | €34,190 | €26,118 | -€8,072 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €56 | +€56 | |
| Other operating charges | 640/8 | - | €1,426 | +€1,426 | |
| Gross operating margin | 9900 | €3,916 | €3,012 | -€904 | -23.1% |
| Operating profit (loss) | 9901 | €3,916 | €1,530 | -€2,386 | -60.9% |
| Financial charges | 65/66B | €51 | €68 | +€17 | +32.5% |
| Recurring financial charges | 65 | €51 | €68 | +€17 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €3,865 | €1,462 | -€2,403 | -62.2% |
| Income taxes | 67/77 | €485 | €1,226 | +€741 | +153% |
| Profit (loss) for the period | 9904 | €3,379 | €236 | -€3,143 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,379 | €236 | -€3,143 | -93.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.