MTS Consult: 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.
MTS Consult
Largest movements
- Current investments -€59,958
down €59,958 (-100.0%), from €59,958 to €0
- Receivables within one year -€10,101
down €10,101 (-41.0%), from €24,651 to €14,550
of which Trade receivables: -€10,101
- Tangible fixed assets +€8,748
up €8,748 (+362.7%), from €2,412 to €11,159
of which Furniture and vehicles: +€9,119
- Cash -€8,498
down €8,498 (-11.9%), from €71,437 to €62,939
mainly Contributions, distributions and other (-€174,404) and Investment in fixed assets (net) (-€11,112)
- Deferred charges and accrued income -€4,789
down €4,789 (-64.8%), from €7,388 to €2,598
- Reserves -€126,657
down €126,657 (-100.0%), from €126,657 to €0
- Other debts +€49,798
up €49,798 (+821.3%), from €6,063 to €55,861
- Tax, wage and social debts +€6,609
up €6,609 (+28.6%), from €23,076 to €29,686
- Trade debts -€4,646
down €4,646 (-92.0%), from €5,048 to €402
- Financial income +€3,931
up €3,931 (+43241.7%), from €9 to €3,940
- Depreciation +€1,432
up €1,432 (+153.6%), from €932 to €2,364
- Gross operating margin -€1,008
down €1,008 (-1.6%), from €64,050 to €63,042
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 | €165,845 | €91,247 | -€74,598 | -45.0% |
| Fixed assets | 21/28 | €2,412 | €11,159 | +€8,748 | +362.7% |
| Tangible fixed assets | 22/27 | €2,412 | €11,159 | +€8,748 | +362.7% |
| Land and buildings | 22 | €1,274 | €903 | -€371 | -29.1% |
| Furniture and vehicles | 24 | €1,137 | €10,256 | +€9,119 | +801.7% |
| Current assets | 29/58 | €163,433 | €80,087 | -€83,346 | -51.0% |
| Amounts receivable within one year | 40/41 | €24,651 | €14,550 | -€10,101 | -41.0% |
| Trade receivables | 40 | €24,651 | €14,550 | -€10,101 | -41.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €59,958 | €0 | -€59,958 | -100.0% |
| Cash at bank and in hand | 54/58 | €71,437 | €62,939 | -€8,498 | -11.9% |
| Deferred charges and accrued income | 490/1 | €7,388 | €2,598 | -€4,789 | -64.8% |
| Total equity and liabilities | 10/49 | €165,845 | €91,247 | -€74,598 | -45.0% |
| Equity | 10/15 | €131,657 | €5,000 | -€126,657 | -96.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €126,657 | €0 | -€126,657 | -100.0% |
| Distributable reserves | 133 | €126,657 | €0 | -€126,657 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,188 | €86,247 | +€52,059 | +152.3% |
| Amounts payable within one year | 42/48 | €34,188 | €85,948 | +€51,761 | +151.4% |
| Trade debts | 44 | €5,048 | €402 | -€4,646 | -92.0% |
| Suppliers | 440/4 | €5,048 | €402 | -€4,646 | -92.0% |
| Taxes, remuneration and social security | 45 | €23,076 | €29,686 | +€6,609 | +28.6% |
| Taxes | 450/3 | €23,076 | €29,686 | +€6,609 | +28.6% |
| Other amounts payable | 47/48 | €6,063 | €55,861 | +€49,798 | +821.3% |
| Accrued charges and deferred income | 492/3 | - | €298 | +€298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €2,364 | +€1,432 | +153.6% |
| Other operating charges | 640/8 | €164 | €520 | +€356 | +216.9% |
| Gross operating margin | 9900 | €64,050 | €63,042 | -€1,008 | -1.6% |
| Operating profit (loss) | 9901 | €62,954 | €60,159 | -€2,795 | -4.4% |
| Financial income | 75/76B | €9 | €3,940 | +€3,931 | +43241.7% |
| Recurring financial income | 75 | €9 | €3,940 | +€3,931 | +43241.7% |
| Financial charges | 65/66B | €2,906 | €3,226 | +€320 | +11.0% |
| Recurring financial charges | 65 | €2,906 | €3,226 | +€320 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €60,057 | €60,872 | +€816 | +1.4% |
| Income taxes | 67/77 | €12,938 | €13,126 | +€187 | +1.4% |
| Profit (loss) for the period | 9904 | €47,118 | €47,747 | +€629 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,118 | €47,747 | +€629 | +1.3% |
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.