mtec solutions: 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.
mtec solutions
Largest movements
- Tangible fixed assets -€15,145
down €15,145 (-20.7%), from €73,123 to €57,978
of which Furniture and vehicles: -€10,380
- Cash -€10,436
down €10,436 (-56.5%), from €18,485 to €8,049
mainly Contributions, distributions and other (-€73,634) and Debts after one year (-€12,374)
- Receivables within one year +€8,152
up €8,152 (+20.6%), from €39,629 to €47,782
of which Trade receivables: +€7,442
- Deferred charges and accrued income -€4,501
down €4,501 (-45.7%), from €9,847 to €5,346
- Other debts +€74,926
up €74,926 (+1690.3%), from €4,433 to €79,358
- Profit (loss) carried forward -€68,592
no longer reported in 2025 (was €68,592)
- Debts after one year -€12,374
down €12,374 (-65.6%), from €18,864 to €6,490
- Tax, wage and social debts -€9,503
down €9,503 (-61.0%), from €15,572 to €6,069
of which Taxes: -€9,357
- Current portion of long-term debt -€5,652
down €5,652 (-31.4%), from €18,026 to €12,374
- Gross operating margin -€52,644
down €52,644 (-55.5%), from €94,774 to €42,130
- Taxes -€11,173
down €11,173 (-71.4%), from €15,651 to €4,477
- Financial charges -€6,747
down €6,747 (-73.9%), from €9,129 to €2,381
of which Non-recurring financial charges: -€6,666
- Depreciation +€5,847
up €5,847 (+34.4%), from €17,003 to €22,850
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 | €141,085 | €119,155 | -€21,930 | -15.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €73,123 | €57,978 | -€15,145 | -20.7% |
| Tangible fixed assets | 22/27 | €73,123 | €57,978 | -€15,145 | -20.7% |
| Land and buildings | 22 | €6,198 | €1,897 | -€4,301 | -69.4% |
| Plant, machinery and equipment | 23 | €21,729 | €21,265 | -€464 | -2.1% |
| Furniture and vehicles | 24 | €45,197 | €34,816 | -€10,380 | -23.0% |
| Current assets | 29/58 | €67,962 | €61,177 | -€6,785 | -10.0% |
| Amounts receivable within one year | 40/41 | €39,629 | €47,782 | +€8,152 | +20.6% |
| Trade receivables | 40 | €30,280 | €37,722 | +€7,442 | +24.6% |
| Other amounts receivable | 41 | €9,349 | €10,060 | +€710 | +7.6% |
| Cash at bank and in hand | 54/58 | €18,485 | €8,049 | -€10,436 | -56.5% |
| Deferred charges and accrued income | 490/1 | €9,847 | €5,346 | -€4,501 | -45.7% |
| Total equity and liabilities | 10/49 | €141,085 | €119,155 | -€21,930 | -15.5% |
| Equity | 10/15 | €73,592 | €5,000 | -€68,592 | -93.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,592 | - | -€68,592 | |
| Amounts payable | 17/49 | €67,494 | €114,155 | +€46,662 | +69.1% |
| Amounts payable after more than one year | 17 | €18,864 | €6,490 | -€12,374 | -65.6% |
| Financial debts | 170/4 | €18,864 | €6,490 | -€12,374 | -65.6% |
| Amounts payable within one year | 42/48 | €48,116 | €107,265 | +€59,149 | +122.9% |
| Current portion of amounts payable after more than one year | 42 | €18,026 | €12,374 | -€5,652 | -31.4% |
| Trade debts | 44 | €10,085 | €9,464 | -€621 | -6.2% |
| Suppliers | 440/4 | €10,085 | €9,464 | -€621 | -6.2% |
| Taxes, remuneration and social security | 45 | €15,572 | €6,069 | -€9,503 | -61.0% |
| Taxes | 450/3 | €15,426 | €6,069 | -€9,357 | -60.7% |
| Remuneration and social security | 454/9 | €147 | - | -€147 | |
| Other amounts payable | 47/48 | €4,433 | €79,358 | +€74,926 | +1690.3% |
| Accrued charges and deferred income | 492/3 | €513 | €400 | -€114 | -22.1% |
| Non-recurring operating income | 76A | €61,609 | - | -€61,609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,003 | €22,850 | +€5,847 | +34.4% |
| Other operating charges | 640/8 | €4,100 | €3,379 | -€721 | -17.6% |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €94,774 | €42,130 | -€52,644 | -55.5% |
| Operating profit (loss) | 9901 | €73,671 | €11,901 | -€61,770 | -83.8% |
| Financial charges | 65/66B | €9,129 | €2,381 | -€6,747 | -73.9% |
| Recurring financial charges | 65 | €2,462 | €2,381 | -€81 | -3.3% |
| Non-recurring financial charges | 66B | €6,666 | - | -€6,666 | |
| Profit (loss) for the period before taxes | 9903 | €64,543 | €9,520 | -€55,023 | -85.3% |
| Income taxes | 67/77 | €15,651 | €4,477 | -€11,173 | -71.4% |
| Profit (loss) for the period | 9904 | €48,892 | €5,042 | -€43,850 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,892 | €5,042 | -€43,850 | -89.7% |
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 11 October 2026 via checked.be.