MTS Consultancy: what changed
Two fiscal 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 Consultancy
Largest movements
- Cash +€21,770
up €21,770 (+24.9%), from €87,537 to €109,307
mainly Net result for the year (+€25,695) and Other debts (+€5,218)
- Tangible fixed assets +€3,484
up €3,484 (+286.6%), from €1,216 to €4,700
of which Furniture and vehicles: +€3,895
- Reserves +€20,576
up €20,576 (+23.1%), from €89,184 to €109,759
- Other debts +€5,218
up €5,218 (+403.6%), from €1,293 to €6,511
- Gross operating margin +€976
up €976 (+2.6%), from €37,180 to €38,155
- Depreciation +€789
up €789 (+164.7%), from €479 to €1,268
- Financial income +€430
new in 2024: €430
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,988 | €124,586 | +€25,598 | +25.9% |
| Fixed assets | 21/28 | €1,216 | €4,700 | +€3,484 | +286.6% |
| Tangible fixed assets | 22/27 | €1,216 | €4,700 | +€3,484 | +286.6% |
| Plant, machinery and equipment | 23 | €1,216 | €805 | -€411 | -33.8% |
| Furniture and vehicles | 24 | €0 | €3,895 | +€3,895 | |
| Current assets | 29/58 | €97,772 | €119,886 | +€22,114 | +22.6% |
| Amounts receivable within one year | 40/41 | €8,910 | €8,999 | +€88 | +1.0% |
| Trade receivables | 40 | €8,910 | €8,999 | +€88 | +1.0% |
| Cash at bank and in hand | 54/58 | €87,537 | €109,307 | +€21,770 | +24.9% |
| Deferred charges and accrued income | 490/1 | €1,325 | €1,580 | +€255 | +19.3% |
| Total equity and liabilities | 10/49 | €98,988 | €124,586 | +€25,598 | +25.9% |
| Equity | 10/15 | €89,184 | €109,759 | +€20,576 | +23.1% |
| Reserves | 13 | €89,184 | €109,759 | +€20,576 | +23.1% |
| Distributable reserves | 133 | €89,184 | €109,759 | +€20,576 | +23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,805 | €14,827 | +€5,022 | +51.2% |
| Amounts payable within one year | 42/48 | €9,805 | €14,827 | +€5,022 | +51.2% |
| Trade debts | 44 | €679 | €892 | +€213 | +31.5% |
| Suppliers | 440/4 | €679 | €892 | +€213 | +31.5% |
| Taxes, remuneration and social security | 45 | €7,833 | €7,424 | -€409 | -5.2% |
| Taxes | 450/3 | €7,833 | €7,424 | -€409 | -5.2% |
| Other amounts payable | 47/48 | €1,293 | €6,511 | +€5,218 | +403.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479 | €1,268 | +€789 | +164.7% |
| Other operating charges | 640/8 | €963 | €1,013 | +€50 | +5.2% |
| Gross operating margin | 9900 | €37,180 | €38,155 | +€976 | +2.6% |
| Operating profit (loss) | 9901 | €35,738 | €35,875 | +€137 | +0.4% |
| Financial income | 75/76B | - | €430 | +€430 | |
| Recurring financial income | 75 | - | €430 | +€430 | |
| Financial charges | 65/66B | €84 | €84 | = | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €35,654 | €36,221 | +€567 | +1.6% |
| Income taxes | 67/77 | €10,545 | €10,526 | -€19 | -0.2% |
| Profit (loss) for the period | 9904 | €25,109 | €25,695 | +€586 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,109 | €25,695 | +€586 | +2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.