MT TRANSPORT: 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 TRANSPORT
Largest movements
- Cash +€141,915
up €141,915 (+142%), from €100,183 to €242,098
mainly Net result for the year (+€75,911) and Receivables within one year (+€55,217)
- Receivables within one year -€55,217
down €55,217 (-64.0%), from €86,249 to €31,032
of which Trade receivables: -€43,684
- Tangible fixed assets -€13,438
down €13,438 (-2.6%), from €523,230 to €509,791
of which Land and buildings: -€13,819
- Reserves +€71,811
up €71,811 (+34.2%), from €210,265 to €282,076
of which Distributable reserves: +€71,811
- Debts after one year -€22,745
down €22,745 (-6.7%), from €339,753 to €317,009
- Trade debts +€12,806
up €12,806 (+145%), from €8,803 to €21,609
- Tax, wage and social debts +€12,549
up €12,549 (+135%), from €9,315 to €21,864
- Gross operating margin +€31,353
up €31,353 (+29.0%), from €107,980 to €139,332
- Taxes +€4,331
up €4,331 (+13.9%), from €31,267 to €35,599
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 | €710,148 | €782,922 | +€72,774 | +10.2% |
| Fixed assets | 21/28 | €523,230 | €509,791 | -€13,438 | -2.6% |
| Tangible fixed assets | 22/27 | €523,230 | €509,791 | -€13,438 | -2.6% |
| Land and buildings | 22 | €523,098 | €509,278 | -€13,819 | -2.6% |
| Furniture and vehicles | 24 | €132 | €513 | +€381 | +288% |
| Current assets | 29/58 | €186,918 | €273,130 | +€86,212 | +46.1% |
| Amounts receivable within one year | 40/41 | €86,249 | €31,032 | -€55,217 | -64.0% |
| Trade receivables | 40 | €74,678 | €30,994 | -€43,684 | -58.5% |
| Other amounts receivable | 41 | €11,571 | €39 | -€11,533 | -99.7% |
| Cash at bank and in hand | 54/58 | €100,183 | €242,098 | +€141,915 | +142% |
| Deferred charges and accrued income | 490/1 | €486 | - | -€486 | |
| Total equity and liabilities | 10/49 | €710,148 | €782,922 | +€72,774 | +10.2% |
| Equity | 10/15 | €327,792 | €399,695 | +€71,903 | +21.9% |
| Contributions | 10/11 | €113,600 | €113,600 | = | 0.0% |
| Reserves | 13 | €210,265 | €282,076 | +€71,811 | +34.2% |
| Non-distributable reserves | 130/1 | €1,065 | €1,065 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,065 | €1,065 | = | 0.0% |
| Distributable reserves | 133 | €209,200 | €281,011 | +€71,811 | +34.3% |
| Profit (loss) carried forward | 14 | €3,927 | €4,019 | +€92 | +2.3% |
| Amounts payable | 17/49 | €382,356 | €383,227 | +€871 | +0.2% |
| Amounts payable after more than one year | 17 | €339,753 | €317,009 | -€22,745 | -6.7% |
| Financial debts | 170/4 | €339,753 | €317,009 | -€22,745 | -6.7% |
| Amounts payable within one year | 42/48 | €42,603 | €66,218 | +€23,615 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €21,953 | €22,745 | +€791 | +3.6% |
| Trade debts | 44 | €8,803 | €21,609 | +€12,806 | +145% |
| Suppliers | 440/4 | €8,803 | €21,609 | +€12,806 | +145% |
| Taxes, remuneration and social security | 45 | €9,315 | €21,864 | +€12,549 | +135% |
| Taxes | 450/3 | €9,315 | €21,864 | +€12,549 | +135% |
| Other amounts payable | 47/48 | €2,532 | - | -€2,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,630 | €14,124 | +€494 | +3.6% |
| Other operating charges | 640/8 | €1,900 | €1,508 | -€392 | -20.6% |
| Gross operating margin | 9900 | €107,980 | €139,332 | +€31,353 | +29.0% |
| Operating profit (loss) | 9901 | €92,450 | €123,701 | +€31,251 | +33.8% |
| Financial income | 75/76B | - | €508 | +€508 | |
| Recurring financial income | 75 | - | €508 | +€508 | |
| Financial charges | 65/66B | €13,475 | €12,700 | -€775 | -5.8% |
| Recurring financial charges | 65 | €13,475 | €12,700 | -€775 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €78,975 | €111,510 | +€32,534 | +41.2% |
| Income taxes | 67/77 | €31,267 | €35,599 | +€4,331 | +13.9% |
| Profit (loss) for the period | 9904 | €47,708 | €75,911 | +€28,203 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,708 | €75,911 | +€28,203 | +59.1% |
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 14 October 2026 via checked.be.