MTI CONSULT: 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.
MTI CONSULT
Largest movements
- Cash +€29,241
up €29,241 (+91.3%), from €32,025 to €61,267
mainly Net result for the year (+€28,263) and Receivables within one year (+€11,904)
- Receivables within one year -€11,904
down €11,904 (-38.7%), from €30,791 to €18,887
of which Other amounts receivable: -€11,892
- Reserves +€28,263
up €28,263 (+39.5%), from €71,546 to €99,809
- Tax, wage and social debts -€7,227
down €7,227 (-69.5%), from €10,392 to €3,165
of which Taxes: -€7,227
- Current portion of long-term debt -€4,798
down €4,798 (-53.4%), from €8,992 to €4,194
- Trade debts +€4,374
up €4,374 (+362%), from €1,207 to €5,580
- Debts after one year -€4,194
down €4,194 (-21.2%), from €19,787 to €15,592
- Gross operating margin -€35,389
down €35,389 (-43.5%), from €81,365 to €45,976
- Taxes -€13,221
down €13,221 (-60.9%), from €21,720 to €8,499
- Financial charges -€10,202
down €10,202 (-60.3%), from €16,915 to €6,712
- Depreciation +€949
up €949 (+547%), from €173 to €1,122
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 | €130,545 | €146,941 | +€16,396 | +12.6% |
| Fixed assets | 21/28 | €64,458 | €63,335 | -€1,122 | -1.7% |
| Tangible fixed assets | 22/27 | €5,438 | €4,315 | -€1,122 | -20.6% |
| Plant, machinery and equipment | 23 | €5,438 | €4,315 | -€1,122 | -20.6% |
| Financial fixed assets | 28 | €59,020 | €59,020 | = | 0.0% |
| Current assets | 29/58 | €66,088 | €83,606 | +€17,518 | +26.5% |
| Amounts receivable within one year | 40/41 | €30,791 | €18,887 | -€11,904 | -38.7% |
| Trade receivables | 40 | €14,786 | €14,774 | -€12 | -0.1% |
| Other amounts receivable | 41 | €16,005 | €4,113 | -€11,892 | -74.3% |
| Cash at bank and in hand | 54/58 | €32,025 | €61,267 | +€29,241 | +91.3% |
| Deferred charges and accrued income | 490/1 | €3,271 | €3,452 | +€181 | +5.5% |
| Total equity and liabilities | 10/49 | €130,545 | €146,941 | +€16,396 | +12.6% |
| Equity | 10/15 | €90,146 | €118,409 | +€28,263 | +31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,546 | €99,809 | +€28,263 | +39.5% |
| Distributable reserves | 133 | €71,546 | €99,809 | +€28,263 | +39.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €40,399 | €28,532 | -€11,867 | -29.4% |
| Amounts payable after more than one year | 17 | €19,787 | €15,592 | -€4,194 | -21.2% |
| Financial debts | 170/4 | €19,787 | €15,592 | -€4,194 | -21.2% |
| Amounts payable within one year | 42/48 | €20,613 | €12,939 | -€7,673 | -37.2% |
| Current portion of amounts payable after more than one year | 42 | €8,992 | €4,194 | -€4,798 | -53.4% |
| Trade debts | 44 | €1,207 | €5,580 | +€4,374 | +362% |
| Suppliers | 440/4 | €1,207 | €5,580 | +€4,374 | +362% |
| Taxes, remuneration and social security | 45 | €10,392 | €3,165 | -€7,227 | -69.5% |
| Taxes | 450/3 | €8,592 | €1,365 | -€7,227 | -84.1% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €21 | €0 | -€21 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €1,122 | +€949 | +547% |
| Other operating charges | 640/8 | €1,639 | €1,519 | -€120 | -7.3% |
| Gross operating margin | 9900 | €81,365 | €45,976 | -€35,389 | -43.5% |
| Operating profit (loss) | 9901 | €79,553 | €43,334 | -€36,219 | -45.5% |
| Financial income | 75/76B | €235 | €141 | -€94 | -40.0% |
| Recurring financial income | 75 | €235 | €141 | -€94 | -40.0% |
| Financial charges | 65/66B | €16,915 | €6,712 | -€10,202 | -60.3% |
| Recurring financial charges | 65 | €16,915 | €6,712 | -€10,202 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €62,873 | €36,763 | -€26,110 | -41.5% |
| Income taxes | 67/77 | €21,720 | €8,499 | -€13,221 | -60.9% |
| Profit (loss) for the period | 9904 | €41,153 | €28,263 | -€12,890 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,153 | €28,263 | -€12,890 | -31.3% |
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 26 October 2026 via checked.be.