MTC 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.
MTC TECH
Largest movements
- Receivables within one year +€53,447
up €53,447 (+3203.8%), from €1,668 to €55,115
of which Other amounts receivable: +€48,429
- Cash -€24,847
down €24,847 (-50.6%), from €49,120 to €24,272
mainly Receivables within one year (-€53,447) and Investment in fixed assets (net) (-€28,704)
- Tangible fixed assets +€17,341
up €17,341 (+483.9%), from €3,584 to €20,925
of which Furniture and vehicles: +€8,832
- Reserves +€44,000
up €44,000 (+146.7%), from €30,000 to €74,000
- Other debts -€7,215
down €7,215 (-81.2%), from €8,881 to €1,666
- Tax, wage and social debts +€5,200
up €5,200 (+44.1%), from €11,800 to €17,000
- Trade debts +€2,836
up €2,836 (+2411.7%), from €118 to €2,954
- Profit (loss) carried forward +€1,120
up €1,120 (+195.6%), from €573 to €1,693
- Gross operating margin +€28,555
up €28,555 (+63.1%), from €45,244 to €73,799
- Depreciation +€10,584
up €10,584 (+1358.9%), from €779 to €11,363
- Taxes +€5,231
up €5,231 (+44.3%), from €11,800 to €17,031
- Financial income +€2,522
up €2,522 (+3152575.0%), from €0 to €2,522
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 | €54,372 | €100,312 | +€45,941 | +84.5% |
| Fixed assets | 21/28 | €3,584 | €20,925 | +€17,341 | +483.9% |
| Tangible fixed assets | 22/27 | €3,584 | €20,925 | +€17,341 | +483.9% |
| Plant, machinery and equipment | 23 | - | €8,509 | +€8,509 | |
| Furniture and vehicles | 24 | €3,584 | €12,416 | +€8,832 | +246.4% |
| Current assets | 29/58 | €50,788 | €79,387 | +€28,600 | +56.3% |
| Amounts receivable within one year | 40/41 | €1,668 | €55,115 | +€53,447 | +3203.8% |
| Trade receivables | 40 | - | €5,018 | +€5,018 | |
| Other amounts receivable | 41 | €1,668 | €50,097 | +€48,429 | +2903.0% |
| Cash at bank and in hand | 54/58 | €49,120 | €24,272 | -€24,847 | -50.6% |
| Total equity and liabilities | 10/49 | €54,372 | €100,312 | +€45,941 | +84.5% |
| Equity | 10/15 | €33,573 | €78,693 | +€45,120 | +134.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €74,000 | +€44,000 | +146.7% |
| Distributable reserves | 133 | €30,000 | €74,000 | +€44,000 | +146.7% |
| Profit (loss) carried forward | 14 | €573 | €1,693 | +€1,120 | +195.6% |
| Amounts payable | 17/49 | €20,799 | €21,620 | +€821 | +3.9% |
| Amounts payable within one year | 42/48 | €20,799 | €21,620 | +€821 | +3.9% |
| Trade debts | 44 | €118 | €2,954 | +€2,836 | +2411.7% |
| Suppliers | 440/4 | €118 | €2,954 | +€2,836 | +2411.7% |
| Taxes, remuneration and social security | 45 | €11,800 | €17,000 | +€5,200 | +44.1% |
| Taxes | 450/3 | €11,800 | €17,000 | +€5,200 | +44.1% |
| Other amounts payable | 47/48 | €8,881 | €1,666 | -€7,215 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €779 | €11,363 | +€10,584 | +1358.9% |
| Other operating charges | 640/8 | €384 | €790 | +€405 | +105.4% |
| Gross operating margin | 9900 | €45,244 | €73,799 | +€28,555 | +63.1% |
| Operating profit (loss) | 9901 | €44,081 | €61,646 | +€17,565 | +39.8% |
| Financial income | 75/76B | €0 | €2,522 | +€2,522 | +3152575.0% |
| Recurring financial income | 75 | €0 | €2,522 | +€2,522 | +3152575.0% |
| Financial charges | 65/66B | €108 | €351 | +€243 | +224.8% |
| Recurring financial charges | 65 | €108 | €351 | +€243 | +224.8% |
| Profit (loss) for the period before taxes | 9903 | €43,973 | €63,817 | +€19,844 | +45.1% |
| Income taxes | 67/77 | €11,800 | €17,031 | +€5,231 | +44.3% |
| Profit (loss) for the period | 9904 | €32,173 | €46,786 | +€14,613 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,173 | €46,786 | +€14,613 | +45.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.