MTS MAINTENANCES: 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 MAINTENANCES
Largest movements
- Receivables within one year +€54,572
up €54,572 (+239%), from €22,828 to €77,400
of which Other amounts receivable: +€57,385
- Tangible fixed assets -€2,037
no longer reported in 2025 (was €2,037)
- Other debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward +€24,302
up €24,302 (+123%), from €19,787 to €44,089
- Trade debts +€2,089
up €2,089 (+29.3%), from €7,138 to €9,227
- Tax, wage and social debts +€976
up €976 (+6.8%), from €14,455 to €15,431
of which Taxes: +€1,953
- Gross operating margin +€238,582
up €238,582 (+2,091%), from €11,412 to €249,994
- Write-downs +€171,629
new in 2025: €171,629
- Staff costs +€8,289
up €8,289 (+117%), from €7,102 to €15,391
- Taxes +€6,388
up €6,388 (+1,019%), from €627 to €7,015
- Financial charges +€3,912
up €3,912 (+318%), from €1,230 to €5,141
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 | €43,381 | €95,747 | +€52,367 | +121% |
| Fixed assets | 21/28 | €2,037 | - | -€2,037 | |
| Tangible fixed assets | 22/27 | €2,037 | - | -€2,037 | |
| Furniture and vehicles | 24 | €2,037 | - | -€2,037 | |
| Current assets | 29/58 | €41,344 | €95,747 | +€54,404 | +132% |
| Amounts receivable after more than one year | 29 | €17,780 | €17,780 | = | 0.0% |
| Other amounts receivable | 291 | €17,780 | €17,780 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,828 | €77,400 | +€54,572 | +239% |
| Trade receivables | 40 | €14,162 | €11,349 | -€2,813 | -19.9% |
| Other amounts receivable | 41 | €8,666 | €66,052 | +€57,385 | +662% |
| Cash at bank and in hand | 54/58 | €735 | €567 | -€168 | -22.9% |
| Total equity and liabilities | 10/49 | €43,381 | €95,747 | +€52,367 | +121% |
| Equity | 10/15 | €21,787 | €46,089 | +€24,302 | +112% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,787 | €44,089 | +€24,302 | +123% |
| Amounts payable | 17/49 | €21,594 | €49,658 | +€28,065 | +130% |
| Amounts payable within one year | 42/48 | €21,594 | €49,658 | +€28,065 | +130% |
| Trade debts | 44 | €7,138 | €9,227 | +€2,089 | +29.3% |
| Suppliers | 440/4 | €7,138 | €9,227 | +€2,089 | +29.3% |
| Taxes, remuneration and social security | 45 | €14,455 | €15,431 | +€976 | +6.8% |
| Taxes | 450/3 | €11,288 | €13,241 | +€1,953 | +17.3% |
| Remuneration and social security | 454/9 | €3,167 | €2,190 | -€977 | -30.8% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Remuneration, social security and pensions | 62 | €7,102 | €15,391 | +€8,289 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,705 | - | -€1,705 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €171,629 | +€171,629 | |
| Other operating charges | 640/8 | €53 | €1,800 | +€1,747 | +3,296% |
| Non-recurring operating charges | 66A | - | €1,072 | +€1,072 | |
| Gross operating margin | 9900 | €11,412 | €249,994 | +€238,582 | +2,091% |
| Operating profit (loss) | 9901 | €2,552 | €60,101 | +€57,549 | +2,255% |
| Financial income | 75/76B | - | €1,357 | +€1,357 | |
| Recurring financial income | 75 | - | €1,357 | +€1,357 | |
| Financial charges | 65/66B | €1,230 | €5,141 | +€3,912 | +318% |
| Recurring financial charges | 65 | €1,230 | €5,141 | +€3,912 | +318% |
| Profit (loss) for the period before taxes | 9903 | €1,322 | €56,317 | +€54,995 | +4,160% |
| Income taxes | 67/77 | €627 | €7,015 | +€6,388 | +1,019% |
| Profit (loss) for the period | 9904 | €695 | €49,302 | +€48,607 | +6,990% |
| Profit (loss) for the period to be appropriated | 9905 | €695 | €49,302 | +€48,607 | +6,990% |
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 27 October 2026 via checked.be.