MTENS & Co: 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.
MTENS & Co
Largest movements
- Receivables within one year +€67,996
up €67,996 (+68.5%), from €99,325 to €167,321
of which Trade receivables: +€41,319
- Deferred charges and accrued income +€2,899
new in 2025: €2,899
- Profit (loss) carried forward +€35,543
up €35,543 (+48.8%), from €72,889 to €108,432
- Tax, wage and social debts +€26,207
up €26,207 (+72.6%), from €36,075 to €62,282
of which Taxes: +€23,420
- Trade debts +€8,174
up €8,174 (+353%), from €2,314 to €10,488
- Gross operating margin +€41,401
up €41,401 (+119%), from €34,908 to €76,309
- Staff costs +€16,671
new in 2025: €16,671
- Taxes +€9,116
up €9,116 (+145%), from €6,273 to €15,389
- Other operating charges +€2,115
up €2,115 (+67.1%), from €3,150 to €5,265
- Financial income +€1,371
up €1,371 (+32.1%), from €4,265 to €5,636
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.
Derived cash bridge
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 | €116,029 | €186,342 | +€70,313 | +60.6% |
| Fixed assets | 21/28 | €14,704 | €13,361 | -€1,343 | -9.1% |
| Tangible fixed assets | 22/27 | €14,704 | €13,361 | -€1,343 | -9.1% |
| Land and buildings | 22 | - | €1,703 | +€1,703 | |
| Plant, machinery and equipment | 23 | €253 | €163 | -€90 | -35.5% |
| Furniture and vehicles | 24 | €14,451 | €11,495 | -€2,957 | -20.5% |
| Current assets | 29/58 | €101,325 | €172,981 | +€71,656 | +70.7% |
| Amounts receivable within one year | 40/41 | €99,325 | €167,321 | +€67,996 | +68.5% |
| Trade receivables | 40 | €6,174 | €47,492 | +€41,319 | +669% |
| Other amounts receivable | 41 | €93,151 | €119,828 | +€26,677 | +28.6% |
| Cash at bank and in hand | 54/58 | €2,000 | €2,762 | +€762 | +38.1% |
| Deferred charges and accrued income | 490/1 | - | €2,899 | +€2,899 | |
| Total equity and liabilities | 10/49 | €116,029 | €186,342 | +€70,313 | +60.6% |
| Equity | 10/15 | €74,889 | €110,432 | +€35,543 | +47.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,889 | €108,432 | +€35,543 | +48.8% |
| Amounts payable | 17/49 | €41,140 | €75,910 | +€34,770 | +84.5% |
| Amounts payable within one year | 42/48 | €38,778 | €74,571 | +€35,793 | +92.3% |
| Financial debts | 43 | €389 | - | -€389 | |
| Credit institutions | 430/8 | €389 | - | -€389 | |
| Trade debts | 44 | €2,314 | €10,488 | +€8,174 | +353% |
| Suppliers | 440/4 | €2,314 | €10,488 | +€8,174 | +353% |
| Taxes, remuneration and social security | 45 | €36,075 | €62,282 | +€26,207 | +72.6% |
| Taxes | 450/3 | €36,075 | €59,495 | +€23,420 | +64.9% |
| Remuneration and social security | 454/9 | - | €2,788 | +€2,788 | |
| Other amounts payable | 47/48 | - | €1,800 | +€1,800 | |
| Accrued charges and deferred income | 492/3 | €2,362 | €1,339 | -€1,022 | -43.3% |
| Remuneration, social security and pensions | 62 | - | €16,671 | +€16,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,757 | €8,883 | +€1,126 | +14.5% |
| Other operating charges | 640/8 | €3,150 | €5,265 | +€2,115 | +67.1% |
| Gross operating margin | 9900 | €34,908 | €76,309 | +€41,401 | +119% |
| Operating profit (loss) | 9901 | €24,001 | €45,490 | +€21,489 | +89.5% |
| Financial income | 75/76B | €4,265 | €5,636 | +€1,371 | +32.1% |
| Recurring financial income | 75 | €4,265 | €5,636 | +€1,371 | +32.1% |
| Financial charges | 65/66B | €226 | €194 | -€32 | -14.3% |
| Recurring financial charges | 65 | €226 | €194 | -€32 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €28,040 | €50,932 | +€22,892 | +81.6% |
| Income taxes | 67/77 | €6,273 | €15,389 | +€9,116 | +145% |
| Profit (loss) for the period | 9904 | €21,767 | €35,543 | +€13,776 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,767 | €35,543 | +€13,776 | +63.3% |
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 19 October 2026 via checked.be.