MTM HOUSING: 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.
MTM HOUSING
Largest movements
- Cash -€324,294
down €324,294 (-63.3%), from €512,590 to €188,296
mainly Net result for the year (-€494,412) and Stocks and contracts (-€2,092)
- Receivables within one year -€103,886
down €103,886 (-30.0%), from €346,733 to €242,847
- Profit (loss) carried forward -€494,412
down €494,412 (-94.5%), from -€522,944 to -€1.0m
- Financial charges -€229,552
down €229,552 (-32.9%), from €698,189 to €468,636
- Gross operating margin -€201,484
down €201,484, from €176,362 to -€25,122
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.
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 | €10,294,546 | €9,868,457 | -€426,089 | -4.1% |
| Current assets | 29/58 | €10,294,546 | €9,868,457 | -€426,089 | -4.1% |
| Stocks and contracts in progress | 3 | €9,435,222 | €9,437,313 | +€2,092 | 0.0% |
| Stocks | 30/36 | €9,435,222 | €9,437,313 | +€2,092 | 0.0% |
| Amounts receivable within one year | 40/41 | €346,733 | €242,847 | -€103,886 | -30.0% |
| Other amounts receivable | 41 | €346,733 | €242,847 | -€103,886 | -30.0% |
| Cash at bank and in hand | 54/58 | €512,590 | €188,296 | -€324,294 | -63.3% |
| Total equity and liabilities | 10/49 | €10,294,546 | €9,868,457 | -€426,089 | -4.1% |
| Equity | 10/15 | -€461,444 | -€955,856 | -€494,412 | -107.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€522,944 | -€1,017,356 | -€494,412 | -94.5% |
| Amounts payable | 17/49 | €10,755,990 | €10,824,313 | +€68,323 | +0.6% |
| Amounts payable after more than one year | 17 | €2,241,000 | €2,241,000 | = | 0.0% |
| Financial debts | 170/4 | €2,241,000 | €2,241,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,364,345 | €8,386,105 | +€21,760 | +0.3% |
| Financial debts | 43 | €7,495,000 | €7,495,000 | = | 0.0% |
| Credit institutions | 430/8 | €7,495,000 | €7,495,000 | = | 0.0% |
| Trade debts | 44 | €4,845 | €22,319 | +€17,474 | +360.7% |
| Suppliers | 440/4 | €4,845 | €22,319 | +€17,474 | +360.7% |
| Taxes, remuneration and social security | 45 | - | €1,611 | +€1,611 | |
| Taxes | 450/3 | - | €1,611 | +€1,611 | |
| Other amounts payable | 47/48 | €864,500 | €867,175 | +€2,675 | +0.3% |
| Accrued charges and deferred income | 492/3 | €150,645 | €197,208 | +€46,563 | +30.9% |
| Other operating charges | 640/8 | €1,118 | €654 | -€464 | -41.5% |
| Gross operating margin | 9900 | €176,362 | -€25,122 | -€201,484 | |
| Operating profit (loss) | 9901 | €175,244 | -€25,776 | -€201,020 | |
| Financial charges | 65/66B | €698,189 | €468,636 | -€229,552 | -32.9% |
| Recurring financial charges | 65 | €698,189 | €468,636 | -€229,552 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€522,944 | -€494,412 | +€28,533 | +5.5% |
| Profit (loss) for the period | 9904 | -€522,944 | -€494,412 | +€28,533 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€522,944 | -€494,412 | +€28,533 | +5.5% |
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 11 October 2026 via checked.be.