MT Skills: 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 Skills
Largest movements
- Receivables within one year +€46,544
up €46,544 (+77.6%), from €60,001 to €106,545
of which Other amounts receivable: +€32,959
- Cash -€6,314
down €6,314 (-87.6%), from €7,209 to €895
mainly Receivables within one year (-€46,544) and Other debts (-€25,538)
- Financial fixed assets +€5,750
up €5,750 (+9.6%), from €60,000 to €65,750
- Debts after one year +€84,500
new in 2025: €84,500
- Other debts -€25,538
down €25,538 (-97.2%), from €26,272 to €734
- Profit (loss) carried forward -€16,266
down €16,266 (-19.5%), from €83,277 to €67,012
- Trade debts +€11,066
up €11,066 (+575%), from €1,923 to €12,989
- Tax, wage and social debts -€8,791
down €8,791 (-62.1%), from €14,155 to €5,364
- Financial income +€20,425
up €20,425 (+1,541%), from €1,325 to €21,750
- Gross operating margin -€11,621
down €11,621 (-61.2%), from -€18,990 to -€30,611
- Financial charges +€5,821
up €5,821 (+1,466%), from €397 to €6,219
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 | €131,092 | €178,614 | +€47,522 | +36.3% |
| Fixed assets | 21/28 | €61,307 | €67,853 | +€6,547 | +10.7% |
| Tangible fixed assets | 22/27 | €1,307 | €2,103 | +€797 | +61.0% |
| Furniture and vehicles | 24 | €1,307 | €2,103 | +€797 | +61.0% |
| Financial fixed assets | 28 | €60,000 | €65,750 | +€5,750 | +9.6% |
| Current assets | 29/58 | €69,785 | €110,761 | +€40,975 | +58.7% |
| Amounts receivable within one year | 40/41 | €60,001 | €106,545 | +€46,544 | +77.6% |
| Trade receivables | 40 | €10,961 | €24,545 | +€13,585 | +124% |
| Other amounts receivable | 41 | €49,041 | €82,000 | +€32,959 | +67.2% |
| Cash at bank and in hand | 54/58 | €7,209 | €895 | -€6,314 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,575 | €3,320 | +€745 | +29.0% |
| Total equity and liabilities | 10/49 | €131,092 | €178,614 | +€47,522 | +36.3% |
| Equity | 10/15 | €86,277 | €70,012 | -€16,266 | -18.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,277 | €67,012 | -€16,266 | -19.5% |
| Amounts payable | 17/49 | €44,815 | €108,603 | +€63,788 | +142% |
| Amounts payable after more than one year | 17 | - | €84,500 | +€84,500 | |
| Financial debts | 170/4 | - | €84,500 | +€84,500 | |
| Amounts payable within one year | 42/48 | €44,815 | €20,203 | -€24,612 | -54.9% |
| Financial debts | 43 | €2,465 | €1,116 | -€1,348 | -54.7% |
| Credit institutions | 430/8 | €2,465 | €1,116 | -€1,348 | -54.7% |
| Trade debts | 44 | €1,923 | €12,989 | +€11,066 | +575% |
| Suppliers | 440/4 | €1,923 | €12,989 | +€11,066 | +575% |
| Taxes, remuneration and social security | 45 | €14,155 | €5,364 | -€8,791 | -62.1% |
| Taxes | 450/3 | €14,155 | €5,364 | -€8,791 | -62.1% |
| Other amounts payable | 47/48 | €26,272 | €734 | -€25,538 | -97.2% |
| Accrued charges and deferred income | 492/3 | - | €3,900 | +€3,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €922 | €929 | +€7 | +0.7% |
| Other operating charges | 640/8 | €50 | €257 | +€207 | +415% |
| Gross operating margin | 9900 | -€18,990 | -€30,611 | -€11,621 | -61.2% |
| Operating profit (loss) | 9901 | -€19,962 | -€31,797 | -€11,835 | -59.3% |
| Financial income | 75/76B | €1,325 | €21,750 | +€20,425 | +1,541% |
| Recurring financial income | 75 | €1,325 | €21,750 | +€20,425 | +1,541% |
| Financial charges | 65/66B | €397 | €6,219 | +€5,821 | +1,466% |
| Recurring financial charges | 65 | €397 | €6,219 | +€5,821 | +1,466% |
| Profit (loss) for the period before taxes | 9903 | -€19,034 | -€16,266 | +€2,768 | +14.5% |
| Profit (loss) for the period | 9904 | -€19,034 | -€16,266 | +€2,768 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,034 | -€16,266 | +€2,768 | +14.5% |
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 24 October 2026 via checked.be.