MT SERVICES: 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 SERVICES
Largest movements
- Cash +€32,499
up €32,499 (+334%), from €9,719 to €42,218
mainly Net result for the year (+€24,098) and Tax, wage and social debts (+€16,269)
- Receivables within one year +€6,632
up €6,632 (+75.9%), from €8,741 to €15,373
of which Other amounts receivable: +€7,567
- Tangible fixed assets -€5,000
down €5,000 (-35.6%), from €14,059 to €9,059
- Stocks and contracts +€2,500
new in 2025: €2,500
- Tax, wage and social debts +€16,269
up €16,269 (+477%), from €3,409 to €19,677
of which Taxes: +€11,269
- Reserves +€12,098
new in 2025: €12,098
- Trade debts +€9,116
up €9,116 (+295%), from €3,090 to €12,206
- Other debts -€1,600
down €1,600 (-13.5%), from €11,822 to €10,222
- Gross operating margin +€21,007
up €21,007 (+121%), from €17,294 to €38,301
- Depreciation +€4,159
up €4,159 (+338%), from €1,232 to €5,391
- Taxes +€3,413
up €3,413 (+105%), from €3,257 to €6,670
- Financial charges +€1,702
up €1,702 (+1,368%), from €124 to €1,826
- Other operating charges +€569
up €569 (+1,518%), from €38 to €607
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 | €35,964 | €72,196 | +€36,232 | +101% |
| Formation expenses | 20 | €1,666 | €1,274 | -€391 | -23.5% |
| Fixed assets | 21/28 | €14,059 | €9,059 | -€5,000 | -35.6% |
| Tangible fixed assets | 22/27 | €14,059 | €9,059 | -€5,000 | -35.6% |
| Furniture and vehicles | 24 | €14,059 | €9,059 | -€5,000 | -35.6% |
| Current assets | 29/58 | €20,240 | €61,862 | +€41,623 | +206% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €8,741 | €15,373 | +€6,632 | +75.9% |
| Trade receivables | 40 | €8,694 | €7,759 | -€935 | -10.8% |
| Other amounts receivable | 41 | €47 | €7,614 | +€7,567 | +16,094% |
| Cash at bank and in hand | 54/58 | €9,719 | €42,218 | +€32,499 | +334% |
| Deferred charges and accrued income | 490/1 | €1,780 | €1,771 | -€9 | -0.5% |
| Total equity and liabilities | 10/49 | €35,964 | €72,196 | +€36,232 | +101% |
| Equity | 10/15 | €17,643 | €29,741 | +€12,098 | +68.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €12,098 | +€12,098 | |
| Distributable reserves | 133 | - | €12,098 | +€12,098 | |
| Profit (loss) carried forward | 14 | €12,643 | €12,643 | = | 0.0% |
| Amounts payable | 17/49 | €18,321 | €42,455 | +€24,134 | +132% |
| Amounts payable within one year | 42/48 | €18,321 | €42,106 | +€23,785 | +130% |
| Trade debts | 44 | €3,090 | €12,206 | +€9,116 | +295% |
| Suppliers | 440/4 | €3,090 | €12,206 | +€9,116 | +295% |
| Taxes, remuneration and social security | 45 | €3,409 | €19,677 | +€16,269 | +477% |
| Taxes | 450/3 | €3,409 | €14,677 | +€11,269 | +331% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €11,822 | €10,222 | -€1,600 | -13.5% |
| Accrued charges and deferred income | 492/3 | - | €349 | +€349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,232 | €5,391 | +€4,159 | +338% |
| Other operating charges | 640/8 | €38 | €607 | +€569 | +1,518% |
| Gross operating margin | 9900 | €17,294 | €38,301 | +€21,007 | +121% |
| Operating profit (loss) | 9901 | €16,025 | €32,303 | +€16,278 | +102% |
| Financial income | 75/76B | - | €291 | +€291 | |
| Recurring financial income | 75 | - | €278 | +€278 | |
| Non-recurring financial income | 76B | - | €13 | +€13 | |
| Financial charges | 65/66B | €124 | €1,826 | +€1,702 | +1,368% |
| Recurring financial charges | 65 | €124 | €1,826 | +€1,702 | +1,368% |
| Profit (loss) for the period before taxes | 9903 | €15,900 | €30,768 | +€14,867 | +93.5% |
| Income taxes | 67/77 | €3,257 | €6,670 | +€3,413 | +105% |
| Profit (loss) for the period | 9904 | €12,643 | €24,098 | +€11,454 | +90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,643 | €24,098 | +€11,454 | +90.6% |
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 19 October 2026 via checked.be.