MXT CONSULT: 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.
MXT CONSULT
Largest movements
- Stocks and contracts +€162,202
up €162,202 (+75.2%), from €215,630 to €377,832
- Cash +€65,996
up €65,996 (+123.0%), from €53,676 to €119,672
mainly Net result for the year (+€175,355) and Tax, wage and social debts (+€31,637)
- Intangible fixed assets -€17,838
down €17,838 (-44.0%), from €40,541 to €22,703
- Receivables within one year +€10,779
up €10,779 (+8.1%), from €132,691 to €143,470
of which Trade receivables: +€19,833
- Profit (loss) carried forward +€175,355
up €175,355 (+105.5%), from €166,183 to €341,538
- Tax, wage and social debts +€31,637
up €31,637 (+32.2%), from €98,139 to €129,776
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
- Other debts +€22,525
up €22,525 (+45.1%), from €50,000 to €72,525
- Trade debts +€10,714
up €10,714 (+11.3%), from €94,966 to €105,680
- Gross operating margin +€80,968
up €80,968 (+39.8%), from €203,247 to €284,214
- Taxes +€28,847
up €28,847 (+74.2%), from €38,853 to €67,700
- Write-downs -€21,044
no longer reported in 2025 (was €21,044)
- Financial income -€4,941
down €4,941 (-99.5%), from €4,967 to €26
- Depreciation +€4,048
up €4,048 (+20.2%), from €19,993 to €24,041
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 | €454,903 | €669,979 | +€215,076 | +47.3% |
| Fixed assets | 21/28 | €50,712 | €27,972 | -€22,739 | -44.8% |
| Intangible fixed assets | 21 | €40,541 | €22,703 | -€17,838 | -44.0% |
| Tangible fixed assets | 22/27 | €10,171 | €5,270 | -€4,901 | -48.2% |
| Plant, machinery and equipment | 23 | - | €1,262 | +€1,262 | |
| Furniture and vehicles | 24 | €10,171 | €4,008 | -€6,163 | -60.6% |
| Current assets | 29/58 | €404,192 | €642,007 | +€237,815 | +58.8% |
| Stocks and contracts in progress | 3 | €215,630 | €377,832 | +€162,202 | +75.2% |
| Stocks | 30/36 | €215,630 | €377,832 | +€162,202 | +75.2% |
| Amounts receivable within one year | 40/41 | €132,691 | €143,470 | +€10,779 | +8.1% |
| Trade receivables | 40 | €122,616 | €142,449 | +€19,833 | +16.2% |
| Other amounts receivable | 41 | €10,076 | €1,021 | -€9,055 | -89.9% |
| Cash at bank and in hand | 54/58 | €53,676 | €119,672 | +€65,996 | +123.0% |
| Deferred charges and accrued income | 490/1 | €2,194 | €1,033 | -€1,161 | -52.9% |
| Total equity and liabilities | 10/49 | €454,903 | €669,979 | +€215,076 | +47.3% |
| Equity | 10/15 | €186,643 | €361,998 | +€175,355 | +94.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,183 | €341,538 | +€175,355 | +105.5% |
| Amounts payable | 17/49 | €268,260 | €307,981 | +€39,721 | +14.8% |
| Amounts payable within one year | 42/48 | €268,260 | €307,981 | +€39,721 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €156 | - | -€156 | |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €94,966 | €105,680 | +€10,714 | +11.3% |
| Suppliers | 440/4 | €94,966 | €105,680 | +€10,714 | +11.3% |
| Taxes, remuneration and social security | 45 | €98,139 | €129,776 | +€31,637 | +32.2% |
| Taxes | 450/3 | €98,139 | €129,776 | +€31,637 | +32.2% |
| Other amounts payable | 47/48 | €50,000 | €72,525 | +€22,525 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,993 | €24,041 | +€4,048 | +20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,044 | - | -€21,044 | |
| Other operating charges | 640/8 | €1,533 | €1,205 | -€328 | -21.4% |
| Gross operating margin | 9900 | €203,247 | €284,214 | +€80,968 | +39.8% |
| Operating profit (loss) | 9901 | €160,676 | €258,968 | +€98,291 | +61.2% |
| Financial income | 75/76B | €4,967 | €26 | -€4,941 | -99.5% |
| Recurring financial income | 75 | €4,967 | €26 | -€4,941 | -99.5% |
| Financial charges | 65/66B | €19,776 | €15,938 | -€3,838 | -19.4% |
| Recurring financial charges | 65 | €19,776 | €15,938 | -€3,838 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €145,867 | €243,055 | +€97,188 | +66.6% |
| Income taxes | 67/77 | €38,853 | €67,700 | +€28,847 | +74.2% |
| Profit (loss) for the period | 9904 | €107,014 | €175,355 | +€68,341 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,014 | €175,355 | +€68,341 | +63.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.