MTS PLUS: 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 PLUS
Largest movements
- Cash +€7,351
up €7,351 (+479.7%), from €1,533 to €8,884
mainly Advances received (+€8,625) and Other debts (+€5,511)
- Receivables within one year -€807
down €807 (-30.9%), from €2,615 to €1,808
of which Trade receivables: -€2,526
- Tangible fixed assets -€666
down €666 (-44.7%), from €1,488 to €822
- Advances received +€8,625
new in 2025: €8,625
- Profit (loss) carried forward -€8,015
down €8,015 (-139.0%), from -€5,766 to -€13,781
- Other debts +€5,511
new in 2025: €5,511
- Tax, wage and social debts -€4,630
down €4,630 (-66.1%), from €7,006 to €2,376
of which Taxes: -€2,667
- Trade debts +€4,387
up €4,387 (+314.4%), from €1,396 to €5,783
- Gross operating margin -€70,454
down €70,454 (-78.9%), from €89,350 to €18,896
- Staff costs -€62,940
down €62,940 (-71.3%), from €88,249 to €25,309
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 | €5,636 | €11,515 | +€5,879 | +104.3% |
| Fixed assets | 21/28 | €1,488 | €822 | -€666 | -44.7% |
| Tangible fixed assets | 22/27 | €1,488 | €822 | -€666 | -44.7% |
| Furniture and vehicles | 24 | €1,488 | €822 | -€666 | -44.7% |
| Current assets | 29/58 | €4,148 | €10,692 | +€6,544 | +157.8% |
| Amounts receivable within one year | 40/41 | €2,615 | €1,808 | -€807 | -30.9% |
| Trade receivables | 40 | €2,526 | - | -€2,526 | |
| Other amounts receivable | 41 | €89 | €1,808 | +€1,719 | +1931.7% |
| Cash at bank and in hand | 54/58 | €1,533 | €8,884 | +€7,351 | +479.7% |
| Total equity and liabilities | 10/49 | €5,636 | €11,515 | +€5,879 | +104.3% |
| Equity | 10/15 | -€2,766 | -€10,781 | -€8,015 | -289.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,766 | -€13,781 | -€8,015 | -139.0% |
| Amounts payable | 17/49 | €8,402 | €22,296 | +€13,893 | +165.4% |
| Amounts payable within one year | 42/48 | €8,402 | €22,296 | +€13,893 | +165.4% |
| Trade debts | 44 | €1,396 | €5,783 | +€4,387 | +314.4% |
| Suppliers | 440/4 | €1,396 | €5,783 | +€4,387 | +314.4% |
| Advances received on contracts in progress | 46 | - | €8,625 | +€8,625 | |
| Taxes, remuneration and social security | 45 | €7,006 | €2,376 | -€4,630 | -66.1% |
| Taxes | 450/3 | €2,667 | - | -€2,667 | |
| Remuneration and social security | 454/9 | €4,339 | €2,376 | -€1,963 | -45.2% |
| Other amounts payable | 47/48 | - | €5,511 | +€5,511 | |
| Remuneration, social security and pensions | 62 | €88,249 | €25,309 | -€62,940 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €509 | €666 | +€157 | +30.7% |
| Other operating charges | 640/8 | €424 | €553 | +€129 | +30.4% |
| Gross operating margin | 9900 | €89,350 | €18,896 | -€70,454 | -78.9% |
| Operating profit (loss) | 9901 | €167 | -€7,632 | -€7,799 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €155 | €383 | +€227 | +146.6% |
| Recurring financial charges | 65 | €155 | €383 | +€227 | +146.6% |
| Profit (loss) for the period before taxes | 9903 | €22 | -€8,015 | -€8,037 | |
| Profit (loss) for the period | 9904 | €22 | -€8,015 | -€8,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €22 | -€8,015 | -€8,037 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.