MT Advice: 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.
MT Advice
Largest movements
- Cash -€4,799
down €4,799 (-34.4%), from €13,949 to €9,150
mainly Net result for the year (-€5,504) and Tax, wage and social debts (-€3,379)
- Tangible fixed assets -€2,139
down €2,139 (-26.1%), from €8,202 to €6,063
of which Furniture and vehicles: -€1,883
- Receivables within one year -€1,745
down €1,745 (-23.2%), from €7,515 to €5,769
of which Other amounts receivable: -€2,505
- Profit (loss) carried forward -€5,504
new in 2025: -€5,504
- Tax, wage and social debts -€3,379
down €3,379 (-54.4%), from €6,209 to €2,830
of which Taxes: -€4,678
- Other debts +€1,938
new in 2025: €1,938
- Trade debts -€1,763
down €1,763 (-86.3%), from €2,042 to €279
- Gross operating margin +€14,244
up €14,244 (+89.7%), from -€15,887 to -€1,643
- Depreciation +€1,271
up €1,271 (+146%), from €868 to €2,139
- Financial income -€656
down €656 (-100%), from €656 to €0
- Staff costs -€250
down €250 (-50.0%), from €500 to €250
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 | €30,192 | €21,484 | -€8,708 | -28.8% |
| Fixed assets | 21/28 | €8,202 | €6,063 | -€2,139 | -26.1% |
| Tangible fixed assets | 22/27 | €8,202 | €6,063 | -€2,139 | -26.1% |
| Plant, machinery and equipment | 23 | €1,277 | €1,022 | -€255 | -20.0% |
| Furniture and vehicles | 24 | €6,925 | €5,041 | -€1,883 | -27.2% |
| Current assets | 29/58 | €21,990 | €15,421 | -€6,570 | -29.9% |
| Amounts receivable within one year | 40/41 | €7,515 | €5,769 | -€1,745 | -23.2% |
| Trade receivables | 40 | €4,988 | €5,748 | +€760 | +15.2% |
| Other amounts receivable | 41 | €2,527 | €22 | -€2,505 | -99.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,949 | €9,150 | -€4,799 | -34.4% |
| Deferred charges and accrued income | 490/1 | €527 | €502 | -€26 | -4.8% |
| Total equity and liabilities | 10/49 | €30,192 | €21,484 | -€8,708 | -28.8% |
| Equity | 10/15 | €21,942 | €16,438 | -€5,504 | -25.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,942 | €16,942 | = | 0.0% |
| Distributable reserves | 133 | €16,942 | €16,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,504 | -€5,504 | |
| Amounts payable | 17/49 | €8,251 | €5,046 | -€3,204 | -38.8% |
| Amounts payable within one year | 42/48 | €8,251 | €5,046 | -€3,204 | -38.8% |
| Trade debts | 44 | €2,042 | €279 | -€1,763 | -86.3% |
| Suppliers | 440/4 | €2,042 | €279 | -€1,763 | -86.3% |
| Taxes, remuneration and social security | 45 | €6,209 | €2,830 | -€3,379 | -54.4% |
| Taxes | 450/3 | €6,209 | €1,531 | -€4,678 | -75.3% |
| Remuneration and social security | 454/9 | - | €1,299 | +€1,299 | |
| Other amounts payable | 47/48 | - | €1,938 | +€1,938 | |
| Remuneration, social security and pensions | 62 | €500 | €250 | -€250 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €2,139 | +€1,271 | +146% |
| Other operating charges | 640/8 | €933 | €845 | -€88 | -9.4% |
| Gross operating margin | 9900 | -€15,887 | -€1,643 | +€14,244 | +89.7% |
| Operating profit (loss) | 9901 | -€18,187 | -€4,877 | +€13,311 | +73.2% |
| Financial income | 75/76B | €656 | €0 | -€656 | -100% |
| Recurring financial income | 75 | €656 | €0 | -€656 | -100% |
| Financial charges | 65/66B | €598 | €486 | -€111 | -18.6% |
| Recurring financial charges | 65 | €598 | €486 | -€111 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,129 | -€5,363 | +€12,766 | +70.4% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€18,257 | -€5,504 | +€12,753 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,257 | -€5,504 | +€12,753 | +69.9% |
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 25 October 2026 via checked.be.