MTEC-INTERNATIONAL: what changed
MTEC-INTERNATIONAL
Largest movements
- Tangible fixed assets -€13,510
down €13,510 (-29.9%), from €45,179 to €31,669
of which Leasing and similar rights: -€12,973
- Receivables within one year -€7,771
down €7,771 (-30.9%), from €25,190 to €17,418
- Cash +€5,999
up €5,999 (+9.5%), from €63,023 to €69,022
mainly Net result for the year (+€57,473) and Depreciation (+€14,211)
- Other debts -€58,347
down €58,347 (-97.1%), from €60,104 to €1,758
- Profit (loss) carried forward +€57,473
new in 2025: €57,473
- Debts after one year -€9,967
down €9,967 (-45.0%), from €22,140 to €12,173
- Tax, wage and social debts -€3,846
down €3,846 (-17.9%), from €21,447 to €17,601
of which Taxes: -€2,907
- Trade debts -€1,568
down €1,568 (-71.3%), from €2,199 to €631
- Gross operating margin -€2,748
down €2,748 (-2.9%), from €95,561 to €92,813
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,077 | €120,235 | -€15,842 | -11.6% |
| Fixed assets | 21/28 | €45,179 | €31,669 | -€13,510 | -29.9% |
| Tangible fixed assets | 22/27 | €45,179 | €31,669 | -€13,510 | -29.9% |
| Furniture and vehicles | 24 | €3,212 | €2,809 | -€403 | -12.6% |
| Leasing and similar rights | 25 | €41,833 | €28,860 | -€12,973 | -31.0% |
| Other tangible fixed assets | 26 | €134 | - | -€134 | |
| Current assets | 29/58 | €90,898 | €88,566 | -€2,332 | -2.6% |
| Amounts receivable within one year | 40/41 | €25,190 | €17,418 | -€7,771 | -30.9% |
| Trade receivables | 40 | €25,190 | €17,418 | -€7,771 | -30.9% |
| Cash at bank and in hand | 54/58 | €63,023 | €69,022 | +€5,999 | +9.5% |
| Deferred charges and accrued income | 490/1 | €2,685 | €2,125 | -€560 | -20.9% |
| Total equity and liabilities | 10/49 | €136,077 | €120,235 | -€15,842 | -11.6% |
| Equity | 10/15 | €20,633 | €78,106 | +€57,473 | +279% |
| Contributions | 10/11 | €20,633 | €20,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €57,473 | +€57,473 | |
| Amounts payable | 17/49 | €115,444 | €42,129 | -€73,315 | -63.5% |
| Amounts payable after more than one year | 17 | €22,140 | €12,173 | -€9,967 | -45.0% |
| Financial debts | 170/4 | €22,140 | €12,173 | -€9,967 | -45.0% |
| Amounts payable within one year | 42/48 | €93,305 | €29,957 | -€63,348 | -67.9% |
| Current portion of amounts payable after more than one year | 42 | €9,555 | €9,967 | +€412 | +4.3% |
| Trade debts | 44 | €2,199 | €631 | -€1,568 | -71.3% |
| Suppliers | 440/4 | €2,199 | €631 | -€1,568 | -71.3% |
| Taxes, remuneration and social security | 45 | €21,447 | €17,601 | -€3,846 | -17.9% |
| Taxes | 450/3 | €20,508 | €17,601 | -€2,907 | -14.2% |
| Remuneration and social security | 454/9 | €939 | - | -€939 | |
| Other amounts payable | 47/48 | €60,104 | €1,758 | -€58,347 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,397 | €14,211 | -€185 | -1.3% |
| Other operating charges | 640/8 | €2,364 | €2,521 | +€157 | +6.6% |
| Gross operating margin | 9900 | €95,561 | €92,813 | -€2,748 | -2.9% |
| Operating profit (loss) | 9901 | €78,800 | €76,081 | -€2,720 | -3.5% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €2,185 | €1,484 | -€701 | -32.1% |
| Recurring financial charges | 65 | €2,185 | €1,484 | -€701 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €76,635 | €74,597 | -€2,038 | -2.7% |
| Income taxes | 67/77 | €17,883 | €17,124 | -€759 | -4.2% |
| Profit (loss) for the period | 9904 | €58,752 | €57,473 | -€1,279 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,752 | €57,473 | -€1,279 | -2.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.