MTI-IT: 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.
MTI-IT
Largest movements
- Cash +€14,840
up €14,840 (+19.4%), from €76,462 to €91,301
mainly Other debts (+€85,122) and Net result for the year (+€27,504)
- Tangible fixed assets +€7,367
up €7,367 (+364.5%), from €2,021 to €9,388
- Deferred charges and accrued income -€2,801
no longer reported in 2025 (was €2,801)
- Receivables within one year +€1,183
up €1,183 (+9.1%), from €13,018 to €14,201
- Other debts +€85,122
up €85,122 (+1222.8%), from €6,961 to €92,083
- Profit (loss) carried forward -€66,525
no longer reported in 2025 (was €66,525)
- Trade debts +€1,958
up €1,958 (+287.0%), from €682 to €2,640
- Gross operating margin +€18,802
up €18,802 (+51.4%), from €36,583 to €55,385
- Taxes +€4,286
up €4,286 (+115.4%), from €3,713 to €8,000
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 | €95,017 | €115,253 | +€20,237 | +21.3% |
| Fixed assets | 21/28 | €2,737 | €9,751 | +€7,015 | +256.3% |
| Intangible fixed assets | 21 | €353 | - | -€353 | |
| Tangible fixed assets | 22/27 | €2,021 | €9,388 | +€7,367 | +364.5% |
| Furniture and vehicles | 24 | €2,021 | €9,388 | +€7,367 | +364.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €92,280 | €105,502 | +€13,222 | +14.3% |
| Amounts receivable within one year | 40/41 | €13,018 | €14,201 | +€1,183 | +9.1% |
| Trade receivables | 40 | €13,018 | €14,201 | +€1,183 | +9.1% |
| Cash at bank and in hand | 54/58 | €76,462 | €91,301 | +€14,840 | +19.4% |
| Deferred charges and accrued income | 490/1 | €2,801 | - | -€2,801 | |
| Total equity and liabilities | 10/49 | €95,017 | €115,253 | +€20,237 | +21.3% |
| Equity | 10/15 | €68,525 | €2,000 | -€66,525 | -97.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,525 | - | -€66,525 | |
| Amounts payable | 17/49 | €26,492 | €113,253 | +€86,761 | +327.5% |
| Amounts payable within one year | 42/48 | €26,492 | €113,253 | +€86,761 | +327.5% |
| Trade debts | 44 | €682 | €2,640 | +€1,958 | +287.0% |
| Suppliers | 440/4 | €682 | €2,640 | +€1,958 | +287.0% |
| Taxes, remuneration and social security | 45 | €18,849 | €18,531 | -€318 | -1.7% |
| Taxes | 450/3 | €16,405 | €15,565 | -€840 | -5.1% |
| Remuneration and social security | 454/9 | €2,444 | €2,966 | +€522 | +21.4% |
| Other amounts payable | 47/48 | €6,961 | €92,083 | +€85,122 | +1222.8% |
| Remuneration, social security and pensions | 62 | €17,503 | €17,887 | +€384 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,607 | €1,375 | -€232 | -14.4% |
| Other operating charges | 640/8 | €365 | €469 | +€104 | +28.4% |
| Gross operating margin | 9900 | €36,583 | €55,385 | +€18,802 | +51.4% |
| Operating profit (loss) | 9901 | €17,108 | €35,653 | +€18,545 | +108.4% |
| Financial charges | 65/66B | €190 | €150 | -€41 | -21.3% |
| Recurring financial charges | 65 | €190 | €150 | -€41 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €16,918 | €35,504 | +€18,586 | +109.9% |
| Income taxes | 67/77 | €3,713 | €8,000 | +€4,286 | +115.4% |
| Profit (loss) for the period | 9904 | €13,204 | €27,504 | +€14,300 | +108.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,204 | €27,504 | +€14,300 | +108.3% |
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 2 October 2026 via checked.be.