MTM PRO: 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 PRO
Largest movements
- Receivables within one year -€9,393
down €9,393 (-2.5%), from €370,498 to €361,105
of which Trade receivables: -€5,558
- Profit (loss) carried forward +€24,778
up €24,778 (+23.3%), from -€106,195 to -€81,416
- Tax, wage and social debts -€18,582
down €18,582 (-34.6%), from €53,760 to €35,179
of which Taxes: -€9,975
- Other debts -€10,422
down €10,422 (-91.5%), from €11,387 to €966
- Trade debts -€6,183
down €6,183 (-1.6%), from €377,574 to €371,392
- Staff costs -€48,027
down €48,027 (-33.5%), from €143,277 to €95,250
- Other operating charges -€4,525
down €4,525 (-26.5%), from €17,082 to €12,557
- Gross operating margin +€3,233
up €3,233 (+2.5%), from €131,422 to €134,655
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 | €376,198 | €365,791 | -€10,408 | -2.8% |
| Fixed assets | 21/28 | €1,449 | - | -€1,449 | |
| Tangible fixed assets | 22/27 | €1,449 | - | -€1,449 | |
| Other tangible fixed assets | 26 | €1,449 | - | -€1,449 | |
| Current assets | 29/58 | €374,749 | €365,791 | -€8,959 | -2.4% |
| Amounts receivable within one year | 40/41 | €370,498 | €361,105 | -€9,393 | -2.5% |
| Trade receivables | 40 | €366,663 | €361,105 | -€5,558 | -1.5% |
| Other amounts receivable | 41 | €3,835 | - | -€3,835 | |
| Cash at bank and in hand | 54/58 | €2,682 | €3,117 | +€435 | +16.2% |
| Deferred charges and accrued income | 490/1 | €1,569 | €1,569 | = | 0.0% |
| Total equity and liabilities | 10/49 | €376,198 | €365,791 | -€10,408 | -2.8% |
| Equity | 10/15 | -€85,735 | -€60,956 | +€24,778 | +28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,195 | -€81,416 | +€24,778 | +23.3% |
| Amounts payable | 17/49 | €461,933 | €426,747 | -€35,186 | -7.6% |
| Amounts payable after more than one year | 17 | €19,211 | €19,211 | = | 0.0% |
| Financial debts | 170/4 | €19,211 | €19,211 | = | 0.0% |
| Amounts payable within one year | 42/48 | €442,722 | €407,536 | -€35,186 | -7.9% |
| Trade debts | 44 | €377,574 | €371,392 | -€6,183 | -1.6% |
| Suppliers | 440/4 | €377,574 | €371,392 | -€6,183 | -1.6% |
| Taxes, remuneration and social security | 45 | €53,760 | €35,179 | -€18,582 | -34.6% |
| Taxes | 450/3 | €30,805 | €20,831 | -€9,975 | -32.4% |
| Remuneration and social security | 454/9 | €22,955 | €14,348 | -€8,607 | -37.5% |
| Other amounts payable | 47/48 | €11,387 | €966 | -€10,422 | -91.5% |
| Remuneration, social security and pensions | 62 | €143,277 | €95,250 | -€48,027 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €1,449 | -€147 | -9.2% |
| Other operating charges | 640/8 | €17,082 | €12,557 | -€4,525 | -26.5% |
| Gross operating margin | 9900 | €131,422 | €134,655 | +€3,233 | +2.5% |
| Operating profit (loss) | 9901 | -€30,534 | €25,399 | +€55,933 | |
| Financial charges | 65/66B | €368 | €621 | +€252 | +68.6% |
| Recurring financial charges | 65 | €368 | €621 | +€252 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | -€30,902 | €24,778 | +€55,680 | |
| Income taxes | 67/77 | €664 | - | -€664 | |
| Profit (loss) for the period | 9904 | -€31,566 | €24,778 | +€56,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,566 | €24,778 | +€56,344 |
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 29 October 2026 via checked.be.