MT-Tech Services: 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 Services
Largest movements
- Receivables within one year +€16,106
up €16,106 (+101.9%), from €15,807 to €31,912
of which Trade receivables: +€16,415
- Tangible fixed assets +€14,439
up €14,439 (+592.7%), from €2,436 to €16,875
of which Plant, machinery and equipment: +€15,033
- Cash +€555
up €555 (+681.7%), from €81 to €637
mainly Tax, wage and social debts (+€10,990) and Net result for the year (+€6,999)
- Tax, wage and social debts +€10,990
up €10,990 (+331.1%), from €3,319 to €14,309
- Profit (loss) carried forward +€6,999
up €6,999 (+53.6%), from €13,060 to €20,058
- Other debts +€6,532
up €6,532 (+1030.0%), from €634 to €7,166
- Trade debts +€6,480
up €6,480 (+56395.6%), from €11 to €6,491
- Gross operating margin -€8,120
down €8,120 (-36.2%), from €22,436 to €14,316
- Depreciation +€2,387
up €2,387 (+447.1%), from €534 to €2,921
- Other operating charges -€1,256
down €1,256 (-46.7%), from €2,689 to €1,433
- Financial charges -€319
down €319 (-80.9%), from €395 to €76
- Taxes -€256
down €256 (-7.7%), from €3,319 to €3,063
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 | €18,324 | €49,424 | +€31,100 | +169.7% |
| Fixed assets | 21/28 | €2,436 | €16,875 | +€14,439 | +592.7% |
| Tangible fixed assets | 22/27 | €2,436 | €16,875 | +€14,439 | +592.7% |
| Plant, machinery and equipment | 23 | - | €15,033 | +€15,033 | |
| Furniture and vehicles | 24 | €2,436 | €1,842 | -€594 | -24.4% |
| Current assets | 29/58 | €15,888 | €32,549 | +€16,661 | +104.9% |
| Amounts receivable within one year | 40/41 | €15,807 | €31,912 | +€16,106 | +101.9% |
| Trade receivables | 40 | €15,246 | €31,661 | +€16,415 | +107.7% |
| Other amounts receivable | 41 | €561 | €251 | -€309 | -55.2% |
| Cash at bank and in hand | 54/58 | €81 | €637 | +€555 | +681.7% |
| Total equity and liabilities | 10/49 | €18,324 | €49,424 | +€31,100 | +169.7% |
| Equity | 10/15 | €14,060 | €21,058 | +€6,999 | +49.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,060 | €20,058 | +€6,999 | +53.6% |
| Amounts payable | 17/49 | €4,265 | €28,366 | +€24,101 | +565.1% |
| Amounts payable within one year | 42/48 | €3,965 | €27,966 | +€24,001 | +605.3% |
| Trade debts | 44 | €11 | €6,491 | +€6,480 | +56395.6% |
| Suppliers | 440/4 | €11 | €6,491 | +€6,480 | +56395.6% |
| Taxes, remuneration and social security | 45 | €3,319 | €14,309 | +€10,990 | +331.1% |
| Taxes | 450/3 | €3,319 | €14,309 | +€10,990 | +331.1% |
| Other amounts payable | 47/48 | €634 | €7,166 | +€6,532 | +1030.0% |
| Accrued charges and deferred income | 492/3 | €300 | €400 | +€100 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €2,921 | +€2,387 | +447.1% |
| Other operating charges | 640/8 | €2,689 | €1,433 | -€1,256 | -46.7% |
| Gross operating margin | 9900 | €22,436 | €14,316 | -€8,120 | -36.2% |
| Operating profit (loss) | 9901 | €19,213 | €9,962 | -€9,251 | -48.1% |
| Financial income | 75/76B | €57 | €175 | +€118 | +205.5% |
| Recurring financial income | 75 | €57 | €175 | +€118 | +205.5% |
| Financial charges | 65/66B | €395 | €76 | -€319 | -80.9% |
| Recurring financial charges | 65 | €395 | €76 | -€319 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €18,875 | €10,062 | -€8,813 | -46.7% |
| Income taxes | 67/77 | €3,319 | €3,063 | -€256 | -7.7% |
| Profit (loss) for the period | 9904 | €15,556 | €6,999 | -€8,557 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,556 | €6,999 | -€8,557 | -55.0% |
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 2 October 2026 via checked.be.