MT TECHNICS: 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 TECHNICS
Largest movements
- Stocks and contracts -€9,702
down €9,702 (-48.6%), from €19,980 to €10,279
- Receivables within one year -€4,142
down €4,142 (-9.3%), from €44,637 to €40,496
of which Trade receivables: -€2,874
- Tangible fixed assets -€1,166
down €1,166 (-20.0%), from €5,844 to €4,678
- Cash -€882
down €882 (-16.8%), from €5,255 to €4,373
mainly Trade debts (-€7,135) and Debts after one year (-€5,549)
- Trade debts -€7,135
down €7,135 (-57.4%), from €12,430 to €5,295
- Debts after one year -€5,549
down €5,549 (-20.0%), from €27,685 to €22,136
- Other debts -€5,205
down €5,205 (-55.3%), from €9,408 to €4,203
- Financial charges -€728
down €728 (-8.6%), from €8,449 to €7,722
- Depreciation -€246
down €246 (-17.4%), from €1,413 to €1,166
- Other operating charges +€182
up €182 (+24.3%), from €747 to €929
- Taxes +€157
up €157 (+25.5%), from €616 to €772
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 | €79,624 | €63,209 | -€16,415 | -20.6% |
| Fixed assets | 21/28 | €7,014 | €5,168 | -€1,846 | -26.3% |
| Tangible fixed assets | 22/27 | €5,844 | €4,678 | -€1,166 | -20.0% |
| Plant, machinery and equipment | 23 | €2,004 | €1,573 | -€431 | -21.5% |
| Furniture and vehicles | 24 | €1,282 | €891 | -€391 | -30.5% |
| Other tangible fixed assets | 26 | €2,558 | €2,214 | -€345 | -13.5% |
| Financial fixed assets | 28 | €1,170 | €490 | -€680 | -58.1% |
| Current assets | 29/58 | €72,610 | €58,041 | -€14,569 | -20.1% |
| Stocks and contracts in progress | 3 | €19,980 | €10,279 | -€9,702 | -48.6% |
| Stocks | 30/36 | €19,980 | €10,279 | -€9,702 | -48.6% |
| Amounts receivable within one year | 40/41 | €44,637 | €40,496 | -€4,142 | -9.3% |
| Trade receivables | 40 | €41,361 | €38,488 | -€2,874 | -6.9% |
| Other amounts receivable | 41 | €3,276 | €2,008 | -€1,268 | -38.7% |
| Cash at bank and in hand | 54/58 | €5,255 | €4,373 | -€882 | -16.8% |
| Deferred charges and accrued income | 490/1 | €2,738 | €2,894 | +€156 | +5.7% |
| Total equity and liabilities | 10/49 | €79,624 | €63,209 | -€16,415 | -20.6% |
| Equity | 10/15 | €20,622 | €20,965 | +€342 | +1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,622 | €15,965 | +€342 | +2.2% |
| Amounts payable | 17/49 | €59,002 | €42,244 | -€16,758 | -28.4% |
| Amounts payable after more than one year | 17 | €27,685 | €22,136 | -€5,549 | -20.0% |
| Financial debts | 170/4 | €27,685 | €22,136 | -€5,549 | -20.0% |
| Amounts payable within one year | 42/48 | €31,266 | €19,500 | -€11,766 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €5,282 | €5,549 | +€267 | +5.1% |
| Trade debts | 44 | €12,430 | €5,295 | -€7,135 | -57.4% |
| Suppliers | 440/4 | €12,430 | €5,295 | -€7,135 | -57.4% |
| Taxes, remuneration and social security | 45 | €4,146 | €4,453 | +€307 | +7.4% |
| Taxes | 450/3 | €4,146 | €4,453 | +€307 | +7.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,408 | €4,203 | -€5,205 | -55.3% |
| Accrued charges and deferred income | 492/3 | €51 | €608 | +€557 | +1,086% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,413 | €1,166 | -€246 | -17.4% |
| Other operating charges | 640/8 | €747 | €929 | +€182 | +24.3% |
| Gross operating margin | 9900 | €10,820 | €10,924 | +€104 | +1.0% |
| Operating profit (loss) | 9901 | €8,660 | €8,828 | +€168 | +1.9% |
| Financial income | 75/76B | €59 | €8 | -€51 | -86.4% |
| Recurring financial income | 75 | €59 | €8 | -€51 | -86.4% |
| Financial charges | 65/66B | €8,449 | €7,722 | -€728 | -8.6% |
| Recurring financial charges | 65 | €8,449 | €7,722 | -€728 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €270 | €1,115 | +€845 | +313% |
| Income taxes | 67/77 | €616 | €772 | +€157 | +25.5% |
| Profit (loss) for the period | 9904 | -€346 | €342 | +€688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€346 | €342 | +€688 |
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 18 October 2026 via checked.be.