MTM Suspension: 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 Suspension
Largest movements
- Cash -€26,374
down €26,374 (-99.1%), from €26,609 to €235
mainly Trade debts (-€39,295) and Investment in fixed assets (net) (-€15,000)
- Tangible fixed assets +€15,000
new in 2025: €15,000
- Intangible fixed assets -€10,000
down €10,000 (-21.9%), from €45,628 to €35,628
- Trade debts -€39,295
down €39,295 (-97.3%), from €40,381 to €1,087
- Other debts +€38,112
up €38,112 (+337.3%), from €11,300 to €49,412
- Profit (loss) carried forward -€14,452
down €14,452 (-205.7%), from -€7,025 to -€21,477
- Debts after one year -€10,000
down €10,000 (-40.0%), from €25,000 to €15,000
- Current portion of long-term debt +€5,000
new in 2025: €5,000
- Depreciation +€5,628
up €5,628 (+128.8%), from €4,372 to €10,000
- Gross operating margin -€1,045
down €1,045 (-39.4%), from -€2,653 to -€3,698
- Financial charges +€514
new in 2025: €514
- Other operating charges +€240
new in 2025: €240
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 | €72,656 | €52,022 | -€20,635 | -28.4% |
| Fixed assets | 21/28 | €45,628 | €50,628 | +€5,000 | +11.0% |
| Intangible fixed assets | 21 | €45,628 | €35,628 | -€10,000 | -21.9% |
| Tangible fixed assets | 22/27 | - | €15,000 | +€15,000 | |
| Furniture and vehicles | 24 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €27,028 | €1,393 | -€25,635 | -94.8% |
| Amounts receivable within one year | 40/41 | €419 | €1,033 | +€614 | +146.5% |
| Other amounts receivable | 41 | €419 | €1,033 | +€614 | +146.5% |
| Cash at bank and in hand | 54/58 | €26,609 | €235 | -€26,374 | -99.1% |
| Deferred charges and accrued income | 490/1 | - | €126 | +€126 | |
| Total equity and liabilities | 10/49 | €72,656 | €52,022 | -€20,635 | -28.4% |
| Equity | 10/15 | -€4,025 | -€18,477 | -€14,452 | -359.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,025 | -€21,477 | -€14,452 | -205.7% |
| Amounts payable | 17/49 | €76,681 | €70,499 | -€6,182 | -8.1% |
| Amounts payable after more than one year | 17 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Financial debts | 170/4 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Amounts payable within one year | 42/48 | €51,681 | €55,499 | +€3,818 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €40,381 | €1,087 | -€39,295 | -97.3% |
| Suppliers | 440/4 | €40,381 | €1,087 | -€39,295 | -97.3% |
| Other amounts payable | 47/48 | €11,300 | €49,412 | +€38,112 | +337.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,372 | €10,000 | +€5,628 | +128.8% |
| Other operating charges | 640/8 | - | €240 | +€240 | |
| Gross operating margin | 9900 | -€2,653 | -€3,698 | -€1,045 | -39.4% |
| Operating profit (loss) | 9901 | -€7,025 | -€13,938 | -€6,913 | -98.4% |
| Financial charges | 65/66B | - | €514 | +€514 | |
| Recurring financial charges | 65 | - | €514 | +€514 | |
| Profit (loss) for the period before taxes | 9903 | -€7,025 | -€14,452 | -€7,427 | -105.7% |
| Profit (loss) for the period | 9904 | -€7,025 | -€14,452 | -€7,427 | -105.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,025 | -€14,452 | -€7,427 | -105.7% |
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 10 October 2026 via checked.be.