MTB GROUP: 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.
MTB GROUP
Largest movements
- Tangible fixed assets -€15,750
down €15,750 (-5.8%), from €269,938 to €254,188
- Debts after one year -€22,871
down €22,871 (-8.1%), from €281,803 to €258,932
- Profit (loss) carried forward +€3,318
up €3,318 (+3809.6%), from €87 to €3,405
- Gross operating margin +€3,704
up €3,704 (+14.4%), from €25,705 to €29,409
- Taxes +€2,224
new in 2025: €2,224
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 | €311,555 | €293,208 | -€18,347 | -5.9% |
| Fixed assets | 21/28 | €302,814 | €284,860 | -€17,954 | -5.9% |
| Intangible fixed assets | 21 | €32,876 | €30,672 | -€2,204 | -6.7% |
| Tangible fixed assets | 22/27 | €269,938 | €254,188 | -€15,750 | -5.8% |
| Land and buildings | 22 | €269,938 | €254,188 | -€15,750 | -5.8% |
| Current assets | 29/58 | €8,741 | €8,348 | -€393 | -4.5% |
| Cash at bank and in hand | 54/58 | €8,741 | €8,348 | -€393 | -4.5% |
| Total equity and liabilities | 10/49 | €311,555 | €293,208 | -€18,347 | -5.9% |
| Equity | 10/15 | €3,087 | €6,405 | +€3,318 | +107.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87 | €3,405 | +€3,318 | +3809.6% |
| Amounts payable | 17/49 | €308,468 | €286,803 | -€21,665 | -7.0% |
| Amounts payable after more than one year | 17 | €281,803 | €258,932 | -€22,871 | -8.1% |
| Financial debts | 170/4 | €281,803 | €258,932 | -€22,871 | -8.1% |
| Amounts payable within one year | 42/48 | €23,865 | €25,070 | +€1,206 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €22,590 | €22,870 | +€281 | +1.2% |
| Trade debts | 44 | €1,275 | - | -€1,275 | |
| Suppliers | 440/4 | €1,275 | - | -€1,275 | |
| Taxes, remuneration and social security | 45 | - | €2,200 | +€2,200 | |
| Taxes | 450/3 | - | €2,200 | +€2,200 | |
| Accrued charges and deferred income | 492/3 | €2,800 | €2,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,954 | €17,954 | = | 0.0% |
| Other operating charges | 640/8 | €2,896 | €2,863 | -€33 | -1.1% |
| Gross operating margin | 9900 | €25,705 | €29,409 | +€3,704 | +14.4% |
| Operating profit (loss) | 9901 | €4,855 | €8,592 | +€3,737 | +77.0% |
| Financial charges | 65/66B | €3,329 | €3,050 | -€279 | -8.4% |
| Recurring financial charges | 65 | €3,329 | €3,050 | -€279 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €1,526 | €5,542 | +€4,016 | +263.1% |
| Income taxes | 67/77 | - | €2,224 | +€2,224 | |
| Profit (loss) for the period | 9904 | €1,526 | €3,318 | +€1,792 | +117.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,526 | €3,318 | +€1,792 | +117.4% |
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.