MT SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year -€35,857
down €35,857 (-69.5%), from €51,585 to €15,729
of which Trade receivables: -€34,862
- Current investments +€28,740
up €28,740 (+29.5%), from €97,495 to €126,235
- Cash +€1,767
up €1,767 (+39.2%), from €4,503 to €6,270
mainly Receivables within one year (+€35,857) and Net result for the year (+€20,828)
- Tax, wage and social debts -€5,721
down €5,721 (-47.0%), from €12,163 to €6,442
- Reserves -€4,038
down €4,038 (-3.3%), from €121,884 to €117,846
- Trade debts +€2,924
up €2,924 (+336.5%), from €869 to €3,793
- Gross operating margin -€3,816
down €3,816 (-11.3%), from €33,868 to €30,052
- Financial income -€2,268
down €2,268 (-42.6%), from €5,325 to €3,057
- Taxes -€2,009
down €2,009 (-16.5%), from €12,153 to €10,144
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 | €157,334 | €151,143 | -€6,191 | -3.9% |
| Fixed assets | 21/28 | €3,130 | €2,380 | -€750 | -24.0% |
| Tangible fixed assets | 22/27 | €3,130 | €2,380 | -€750 | -24.0% |
| Plant, machinery and equipment | 23 | €1,220 | €790 | -€430 | -35.3% |
| Other tangible fixed assets | 26 | €1,910 | €1,590 | -€319 | -16.7% |
| Current assets | 29/58 | €154,204 | €148,763 | -€5,441 | -3.5% |
| Stocks and contracts in progress | 3 | €215 | €125 | -€90 | -41.9% |
| Stocks | 30/36 | €215 | €125 | -€90 | -41.9% |
| Amounts receivable within one year | 40/41 | €51,585 | €15,729 | -€35,857 | -69.5% |
| Trade receivables | 40 | €42,077 | €7,215 | -€34,862 | -82.9% |
| Other amounts receivable | 41 | €9,508 | €8,514 | -€994 | -10.5% |
| Current investments | 50/53 | €97,495 | €126,235 | +€28,740 | +29.5% |
| Cash at bank and in hand | 54/58 | €4,503 | €6,270 | +€1,767 | +39.2% |
| Deferred charges and accrued income | 490/1 | €406 | €405 | -€2 | -0.4% |
| Total equity and liabilities | 10/49 | €157,334 | €151,143 | -€6,191 | -3.9% |
| Equity | 10/15 | €140,484 | €136,446 | -€4,038 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,884 | €117,846 | -€4,038 | -3.3% |
| Distributable reserves | 133 | €121,884 | €117,846 | -€4,038 | -3.3% |
| Amounts payable | 17/49 | €16,850 | €14,698 | -€2,153 | -12.8% |
| Amounts payable within one year | 42/48 | €16,572 | €14,155 | -€2,417 | -14.6% |
| Trade debts | 44 | €869 | €3,793 | +€2,924 | +336.5% |
| Suppliers | 440/4 | €869 | €3,793 | +€2,924 | +336.5% |
| Taxes, remuneration and social security | 45 | €12,163 | €6,442 | -€5,721 | -47.0% |
| Taxes | 450/3 | €12,163 | €6,442 | -€5,721 | -47.0% |
| Other amounts payable | 47/48 | €3,540 | €3,920 | +€380 | +10.7% |
| Accrued charges and deferred income | 492/3 | €279 | €543 | +€264 | +94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €750 | -€0 | 0.0% |
| Other operating charges | 640/8 | €979 | €1,001 | +€22 | +2.3% |
| Gross operating margin | 9900 | €33,868 | €30,052 | -€3,816 | -11.3% |
| Operating profit (loss) | 9901 | €32,139 | €28,300 | -€3,839 | -11.9% |
| Financial income | 75/76B | €5,325 | €3,057 | -€2,268 | -42.6% |
| Recurring financial income | 75 | €5,325 | €3,057 | -€2,268 | -42.6% |
| Financial charges | 65/66B | €383 | €386 | +€3 | +0.8% |
| Recurring financial charges | 65 | €383 | €386 | +€3 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €37,082 | €30,972 | -€6,110 | -16.5% |
| Income taxes | 67/77 | €12,153 | €10,144 | -€2,009 | -16.5% |
| Profit (loss) for the period | 9904 | €24,929 | €20,828 | -€4,101 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,929 | €20,828 | -€4,101 | -16.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.