MTech Solutions: 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.
MTech Solutions
Largest movements
- Receivables within one year -€12,137
down €12,137 (-30.4%), from €39,974 to €27,837
of which Trade receivables: -€11,914
- Tangible fixed assets +€2,241
up €2,241 (+7.8%), from €28,651 to €30,893
of which Furniture and vehicles: +€1,736
- Deferred charges and accrued income +€1,908
new in 2025: €1,908
- Cash -€1,329
down €1,329 (-75.1%), from €1,769 to €441
mainly Debts after one year (-€17,075) and Investment in fixed assets (net) (-€8,045)
- Debts after one year -€17,075
down €17,075 (-44.4%), from €38,486 to €21,412
- Profit (loss) carried forward +€11,232
up €11,232 (+42.4%), from -€26,500 to -€15,268
- Current portion of long-term debt -€3,756
down €3,756 (-18.0%), from €20,831 to €17,075
- Tax, wage and social debts -€1,344
down €1,344 (-6.3%), from €21,307 to €19,963
of which Taxes: -€9,439
- Other debts +€1,212
up €1,212 (+9.2%), from €13,249 to €14,461
- Gross operating margin -€6,283
down €6,283 (-21.0%), from €29,855 to €23,571
- Financial charges -€1,287
down €1,287 (-17.4%), from €7,415 to €6,128
- Depreciation +€1,166
up €1,166 (+25.1%), from €4,638 to €5,804
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 | €70,395 | €61,079 | -€9,316 | -13.2% |
| Fixed assets | 21/28 | €28,651 | €30,893 | +€2,241 | +7.8% |
| Tangible fixed assets | 22/27 | €28,651 | €30,893 | +€2,241 | +7.8% |
| Furniture and vehicles | 24 | €1,335 | €3,071 | +€1,736 | +130.1% |
| Other tangible fixed assets | 26 | €27,316 | €27,821 | +€505 | +1.8% |
| Current assets | 29/58 | €41,743 | €30,186 | -€11,557 | -27.7% |
| Amounts receivable within one year | 40/41 | €39,974 | €27,837 | -€12,137 | -30.4% |
| Trade receivables | 40 | €39,744 | €27,830 | -€11,914 | -30.0% |
| Other amounts receivable | 41 | €230 | €7 | -€223 | -96.9% |
| Cash at bank and in hand | 54/58 | €1,769 | €441 | -€1,329 | -75.1% |
| Deferred charges and accrued income | 490/1 | - | €1,908 | +€1,908 | |
| Total equity and liabilities | 10/49 | €70,395 | €61,079 | -€9,316 | -13.2% |
| Equity | 10/15 | -€26,000 | -€14,768 | +€11,232 | +43.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,500 | -€15,268 | +€11,232 | +42.4% |
| Amounts payable | 17/49 | €96,394 | €75,846 | -€20,548 | -21.3% |
| Amounts payable after more than one year | 17 | €38,486 | €21,412 | -€17,075 | -44.4% |
| Financial debts | 170/4 | €38,486 | €21,412 | -€17,075 | -44.4% |
| Amounts payable within one year | 42/48 | €57,884 | €54,434 | -€3,450 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €20,831 | €17,075 | -€3,756 | -18.0% |
| Trade debts | 44 | €2,498 | €2,936 | +€439 | +17.6% |
| Suppliers | 440/4 | €2,498 | €2,936 | +€439 | +17.6% |
| Taxes, remuneration and social security | 45 | €21,307 | €19,963 | -€1,344 | -6.3% |
| Taxes | 450/3 | €21,257 | €11,818 | -€9,439 | -44.4% |
| Remuneration and social security | 454/9 | €50 | €8,144 | +€8,094 | +16091.7% |
| Other amounts payable | 47/48 | €13,249 | €14,461 | +€1,212 | +9.2% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€24 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €5,804 | +€1,166 | +25.1% |
| Other operating charges | 640/8 | €238 | €69 | -€169 | -71.0% |
| Gross operating margin | 9900 | €29,855 | €23,571 | -€6,283 | -21.0% |
| Operating profit (loss) | 9901 | €24,979 | €17,698 | -€7,280 | -29.1% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €7,415 | €6,128 | -€1,287 | -17.4% |
| Recurring financial charges | 65 | €7,415 | €6,128 | -€1,287 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €17,563 | €11,592 | -€5,971 | -34.0% |
| Income taxes | 67/77 | €391 | €360 | -€31 | -7.9% |
| Profit (loss) for the period | 9904 | €17,172 | €11,232 | -€5,940 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,172 | €11,232 | -€5,940 | -34.6% |
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 5 October 2026 via checked.be.