MTM CONSULTING: 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.
MTM CONSULTING
Largest movements
- Receivables within one year +€8,420
up €8,420 (+58.1%), from €14,485 to €22,904
of which Other amounts receivable: +€5,030
- Tangible fixed assets +€5,419
new in 2025: €5,419
- Cash +€3,895
new in 2025: €3,895
mainly Tax, wage and social debts (+€9,772) and Net result for the year (+€8,951)
- Formation expenses -€526
down €526 (-20.0%), from €2,627 to €2,101
- Tax, wage and social debts +€9,772
up €9,772 (+398.2%), from €2,454 to €12,225
- Reserves +€8,951
up €8,951 (+136.8%), from €6,543 to €15,494
- Trade debts -€3,115
no longer reported in 2025 (was €3,115)
- Accrued charges and deferred income +€1,600
new in 2025: €1,600
- Gross operating margin +€4,716
up €4,716 (+52.4%), from €9,000 to €13,716
- Taxes +€1,308
up €1,308 (+53.3%), from €2,454 to €3,762
- Depreciation +€1,290
up €1,290 (+41733.3%), from €3 to €1,293
- Financial income +€423
new in 2025: €423
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 | €17,112 | €34,320 | +€17,208 | +100.6% |
| Formation expenses | 20 | €2,627 | €2,101 | -€526 | -20.0% |
| Fixed assets | 21/28 | - | €5,419 | +€5,419 | |
| Tangible fixed assets | 22/27 | - | €5,419 | +€5,419 | |
| Furniture and vehicles | 24 | - | €5,419 | +€5,419 | |
| Current assets | 29/58 | €14,485 | €26,800 | +€12,315 | +85.0% |
| Amounts receivable within one year | 40/41 | €14,485 | €22,904 | +€8,420 | +58.1% |
| Trade receivables | 40 | €9,000 | €12,390 | +€3,390 | +37.7% |
| Other amounts receivable | 41 | €5,485 | €10,514 | +€5,030 | +91.7% |
| Cash at bank and in hand | 54/58 | - | €3,895 | +€3,895 | |
| Total equity and liabilities | 10/49 | €17,112 | €34,320 | +€17,208 | +100.6% |
| Equity | 10/15 | €11,543 | €20,494 | +€8,951 | +77.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,543 | €15,494 | +€8,951 | +136.8% |
| Distributable reserves | 133 | €6,543 | €15,494 | +€8,951 | +136.8% |
| Amounts payable | 17/49 | €5,569 | €13,825 | +€8,257 | +148.3% |
| Amounts payable within one year | 42/48 | €5,569 | €12,225 | +€6,657 | +119.5% |
| Trade debts | 44 | €3,115 | - | -€3,115 | |
| Suppliers | 440/4 | €3,115 | - | -€3,115 | |
| Taxes, remuneration and social security | 45 | €2,454 | €12,225 | +€9,772 | +398.2% |
| Taxes | 450/3 | €2,454 | €12,225 | +€9,772 | +398.2% |
| Accrued charges and deferred income | 492/3 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3 | €1,293 | +€1,290 | +41733.3% |
| Gross operating margin | 9900 | €9,000 | €13,716 | +€4,716 | +52.4% |
| Operating profit (loss) | 9901 | €8,997 | €12,423 | +€3,426 | +38.1% |
| Financial income | 75/76B | - | €423 | +€423 | |
| Recurring financial income | 75 | - | €423 | +€423 | |
| Financial charges | 65/66B | - | €133 | +€133 | |
| Recurring financial charges | 65 | - | €133 | +€133 | |
| Profit (loss) for the period before taxes | 9903 | €8,997 | €12,713 | +€3,716 | +41.3% |
| Income taxes | 67/77 | €2,454 | €3,762 | +€1,308 | +53.3% |
| Profit (loss) for the period | 9904 | €6,543 | €8,951 | +€2,408 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,543 | €8,951 | +€2,408 | +36.8% |
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.