MT-TECH: 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-TECH
Largest movements
- Tangible fixed assets +€5,046
up €5,046 (+1038.4%), from €486 to €5,532
of which Furniture and vehicles: +€5,324
- Cash -€4,499
down €4,499 (-48.6%), from €9,264 to €4,765
mainly Investment in fixed assets (net) (-€6,996) and Other debts (-€2,507)
- Receivables within one year +€823
up €823 (+25.0%), from €3,291 to €4,114
- Deferred charges and accrued income +€737
new in 2025: €737
- Profit (loss) carried forward +€2,653
up €2,653 (+51.0%), from -€5,204 to -€2,551
- Other debts -€2,507
down €2,507 (-20.9%), from €12,017 to €9,511
- Tax, wage and social debts +€1,180
up €1,180 (+31.7%), from €3,722 to €4,902
- Trade debts +€780
up €780 (+87.1%), from €895 to €1,674
- Depreciation +€1,672
up €1,672 (+601.3%), from €278 to €1,950
- Gross operating margin +€1,446
up €1,446 (+20.0%), from €7,242 to €8,688
- Other operating charges +€570
up €570 (+86.0%), from €663 to €1,233
- Taxes -€264
down €264 (-12.0%), from €2,192 to €1,928
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 | €18,330 | €20,436 | +€2,106 | +11.5% |
| Fixed assets | 21/28 | €486 | €5,532 | +€5,046 | +1038.4% |
| Tangible fixed assets | 22/27 | €486 | €5,532 | +€5,046 | +1038.4% |
| Plant, machinery and equipment | 23 | €486 | €208 | -€278 | -57.2% |
| Furniture and vehicles | 24 | - | €5,324 | +€5,324 | |
| Current assets | 29/58 | €17,844 | €14,904 | -€2,940 | -16.5% |
| Stocks and contracts in progress | 3 | €5,288 | €5,288 | = | 0.0% |
| Stocks | 30/36 | €5,288 | €5,288 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,291 | €4,114 | +€823 | +25.0% |
| Trade receivables | 40 | €3,291 | €4,114 | +€823 | +25.0% |
| Cash at bank and in hand | 54/58 | €9,264 | €4,765 | -€4,499 | -48.6% |
| Deferred charges and accrued income | 490/1 | - | €737 | +€737 | |
| Total equity and liabilities | 10/49 | €18,330 | €20,436 | +€2,106 | +11.5% |
| Equity | 10/15 | €1,696 | €4,349 | +€2,653 | +156.5% |
| Contributions | 10/11 | €6,900 | €6,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,204 | -€2,551 | +€2,653 | +51.0% |
| Amounts payable | 17/49 | €16,634 | €16,087 | -€547 | -3.3% |
| Amounts payable within one year | 42/48 | €16,634 | €16,087 | -€547 | -3.3% |
| Trade debts | 44 | €895 | €1,674 | +€780 | +87.1% |
| Suppliers | 440/4 | €895 | €1,674 | +€780 | +87.1% |
| Taxes, remuneration and social security | 45 | €3,722 | €4,902 | +€1,180 | +31.7% |
| Taxes | 450/3 | €3,722 | €4,902 | +€1,180 | +31.7% |
| Other amounts payable | 47/48 | €12,017 | €9,511 | -€2,507 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €1,950 | +€1,672 | +601.3% |
| Other operating charges | 640/8 | €663 | €1,233 | +€570 | +86.0% |
| Gross operating margin | 9900 | €7,242 | €8,688 | +€1,446 | +20.0% |
| Operating profit (loss) | 9901 | €6,301 | €5,505 | -€795 | -12.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €889 | €924 | +€35 | +3.9% |
| Recurring financial charges | 65 | €889 | €924 | +€35 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €5,412 | €4,582 | -€830 | -15.3% |
| Income taxes | 67/77 | €2,192 | €1,928 | -€264 | -12.0% |
| Profit (loss) for the period | 9904 | €3,220 | €2,653 | -€566 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,220 | €2,653 | -€566 | -17.6% |
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 7 October 2026 via checked.be.