MTIC CONSULTING: 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.
MTIC CONSULTING
Largest movements
- Cash +€229,669
up €229,669 (+845%), from €27,179 to €256,848
mainly Depreciation (+€205,493) and Current investments (+€199,977)
- Current investments -€199,977
no longer reported in 2025 (was €199,977)
- Tangible fixed assets -€167,935
down €167,935 (-4.7%), from €3.6m to €3.4m
of which Land and buildings: -€160,092
- Debts after one year -€124,529
down €124,529 (-7.0%), from €1.8m to €1.7m
of which Financial debts: -€124,529
- Gross operating margin +€53,601
up €53,601 (+22.4%), from €239,273 to €292,874
- Depreciation -€21,293
down €21,293 (-9.4%), from €226,786 to €205,493
- Financial charges -€3,453
down €3,453 (-7.5%), from €45,768 to €42,315
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 | €3,814,260 | €3,656,765 | -€157,494 | -4.1% |
| Fixed assets | 21/28 | €3,558,500 | €3,390,565 | -€167,935 | -4.7% |
| Tangible fixed assets | 22/27 | €3,558,500 | €3,390,565 | -€167,935 | -4.7% |
| Land and buildings | 22 | €3,442,338 | €3,282,247 | -€160,092 | -4.7% |
| Furniture and vehicles | 24 | €116,162 | €108,318 | -€7,844 | -6.8% |
| Current assets | 29/58 | €255,759 | €266,201 | +€10,441 | +4.1% |
| Amounts receivable within one year | 40/41 | €23,200 | €3,929 | -€19,271 | -83.1% |
| Trade receivables | 40 | €21,090 | €1,470 | -€19,620 | -93.0% |
| Other amounts receivable | 41 | €2,110 | €2,459 | +€349 | +16.5% |
| Current investments | 50/53 | €199,977 | - | -€199,977 | |
| Cash at bank and in hand | 54/58 | €27,179 | €256,848 | +€229,669 | +845% |
| Deferred charges and accrued income | 490/1 | €5,404 | €5,424 | +€20 | +0.4% |
| Total equity and liabilities | 10/49 | €3,814,260 | €3,656,765 | -€157,494 | -4.1% |
| Equity | 10/15 | €1,205,535 | €1,236,257 | +€30,722 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €793,285 | €824,007 | +€30,722 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €791,425 | €822,147 | +€30,722 | +3.9% |
| Profit (loss) carried forward | 14 | €393,650 | €393,650 | = | 0.0% |
| Amounts payable | 17/49 | €2,608,725 | €2,420,509 | -€188,216 | -7.2% |
| Amounts payable after more than one year | 17 | €1,775,690 | €1,651,162 | -€124,529 | -7.0% |
| Financial debts | 170/4 | €1,774,140 | €1,649,612 | -€124,529 | -7.0% |
| Other amounts payable | 178/9 | €1,550 | €1,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €831,709 | €766,697 | -€65,013 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €124,443 | €124,582 | +€139 | +0.1% |
| Trade debts | 44 | €34,785 | €5,635 | -€29,150 | -83.8% |
| Suppliers | 440/4 | €34,785 | €5,635 | -€29,150 | -83.8% |
| Taxes, remuneration and social security | 45 | €20,202 | €19,999 | -€204 | -1.0% |
| Taxes | 450/3 | €20,202 | €19,999 | -€204 | -1.0% |
| Other amounts payable | 47/48 | €652,279 | €616,482 | -€35,797 | -5.5% |
| Accrued charges and deferred income | 492/3 | €1,325 | €2,650 | +€1,325 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226,786 | €205,493 | -€21,293 | -9.4% |
| Other operating charges | 640/8 | €13,684 | €12,437 | -€1,247 | -9.1% |
| Gross operating margin | 9900 | €239,273 | €292,874 | +€53,601 | +22.4% |
| Operating profit (loss) | 9901 | -€1,196 | €74,944 | +€76,141 | |
| Financial income | 75/76B | €3,801 | €1,164 | -€2,637 | -69.4% |
| Recurring financial income | 75 | €3,801 | €1,164 | -€2,637 | -69.4% |
| Financial charges | 65/66B | €45,768 | €42,315 | -€3,453 | -7.5% |
| Recurring financial charges | 65 | €45,768 | €42,315 | -€3,453 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,163 | €33,794 | +€76,957 | |
| Income taxes | 67/77 | €5,055 | €3,072 | -€1,982 | -39.2% |
| Profit (loss) for the period | 9904 | -€48,218 | €30,722 | +€78,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,218 | €30,722 | +€78,939 |
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.