MTM Management & 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.
MTM Management & Consulting
Largest movements
- Receivables within one year -€4,122
down €4,122 (-4.9%), from €84,142 to €80,020
of which Trade receivables: -€10,781
- Tangible fixed assets -€3,668
down €3,668 (-59.3%), from €6,188 to €2,520
of which Plant, machinery and equipment: -€3,034
- Trade debts -€10,134
down €10,134 (-12.9%), from €78,272 to €68,137
- Other debts +€3,310
up €3,310 (+133%), from €2,487 to €5,797
- Profit (loss) carried forward -€1,846
down €1,846 (-15.9%), from -€11,603 to -€13,449
- Gross operating margin -€46,905
down €46,905 (-86.5%), from €54,251 to €7,346
- Write-downs -€45,151
no longer reported in 2025 (was €45,151)
- Staff costs -€6,485
no longer reported in 2025 (was €6,485)
- Financial charges -€5,997
down €5,997 (-76.7%), from €7,819 to €1,822
- Other operating charges +€1,847
new in 2025: €1,847
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 | €123,444 | €115,728 | -€7,716 | -6.3% |
| Fixed assets | 21/28 | €29,894 | €26,226 | -€3,668 | -12.3% |
| Tangible fixed assets | 22/27 | €6,188 | €2,520 | -€3,668 | -59.3% |
| Plant, machinery and equipment | 23 | €4,041 | €1,007 | -€3,034 | -75.1% |
| Furniture and vehicles | 24 | €2,147 | €1,513 | -€634 | -29.5% |
| Financial fixed assets | 28 | €23,706 | €23,706 | = | 0.0% |
| Current assets | 29/58 | €93,551 | €89,502 | -€4,049 | -4.3% |
| Amounts receivable within one year | 40/41 | €84,142 | €80,020 | -€4,122 | -4.9% |
| Trade receivables | 40 | €75,543 | €64,762 | -€10,781 | -14.3% |
| Other amounts receivable | 41 | €8,600 | €15,258 | +€6,659 | +77.4% |
| Cash at bank and in hand | 54/58 | €9,408 | €9,481 | +€73 | +0.8% |
| Total equity and liabilities | 10/49 | €123,444 | €115,728 | -€7,716 | -6.3% |
| Equity | 10/15 | €7,532 | €5,686 | -€1,846 | -24.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €13,135 | €13,135 | = | 0.0% |
| Distributable reserves | 133 | €13,135 | €13,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,603 | -€13,449 | -€1,846 | -15.9% |
| Amounts payable | 17/49 | €115,912 | €110,041 | -€5,871 | -5.1% |
| Amounts payable within one year | 42/48 | €115,912 | €110,041 | -€5,871 | -5.1% |
| Trade debts | 44 | €78,272 | €68,137 | -€10,134 | -12.9% |
| Suppliers | 440/4 | €78,272 | €68,137 | -€10,134 | -12.9% |
| Taxes, remuneration and social security | 45 | €35,153 | €36,107 | +€954 | +2.7% |
| Taxes | 450/3 | €35,153 | €36,107 | +€954 | +2.7% |
| Other amounts payable | 47/48 | €2,487 | €5,797 | +€3,310 | +133% |
| Remuneration, social security and pensions | 62 | €6,485 | - | -€6,485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,806 | €3,668 | -€139 | -3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €45,151 | - | -€45,151 | |
| Other operating charges | 640/8 | - | €1,847 | +€1,847 | |
| Gross operating margin | 9900 | €54,251 | €7,346 | -€46,905 | -86.5% |
| Operating profit (loss) | 9901 | -€1,191 | €1,832 | +€3,023 | |
| Financial charges | 65/66B | €7,819 | €1,822 | -€5,997 | -76.7% |
| Recurring financial charges | 65 | €7,819 | €1,822 | -€5,997 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,010 | €10 | +€9,020 | |
| Income taxes | 67/77 | €676 | €1,856 | +€1,180 | +174% |
| Profit (loss) for the period | 9904 | -€9,686 | -€1,846 | +€7,840 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,686 | -€1,846 | +€7,840 | +80.9% |
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 24 October 2026 via checked.be.