MH SERVICES: 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.
MH SERVICES
Largest movements
- Cash -€13,952
down €13,952 (-90.6%), from €15,399 to €1,447
mainly Other debts (-€15,373) and Tax, wage and social debts (-€203)
- Receivables within one year -€636
down €636 (-17.0%), from €3,752 to €3,116
of which Trade receivables: -€636
- Other debts -€15,373
down €15,373 (-14.5%), from €105,704 to €90,331
- Profit (loss) carried forward +€814
up €814 (+0.7%), from -€118,644 to -€117,831
- Gross operating margin -€3,111
down €3,111 (-77.8%), from €3,999 to €888
- Financial charges -€268
down €268 (-67.8%), from €395 to €127
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.
Derived cash bridge
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 | €20,474 | €5,711 | -€14,762 | -72.1% |
| Current assets | 29/58 | €20,474 | €5,711 | -€14,762 | -72.1% |
| Stocks and contracts in progress | 3 | €1,322 | €1,148 | -€174 | -13.2% |
| Stocks | 30/36 | €1,322 | €1,148 | -€174 | -13.2% |
| Amounts receivable within one year | 40/41 | €3,752 | €3,116 | -€636 | -17.0% |
| Trade receivables | 40 | €3,752 | €3,116 | -€636 | -17.0% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,399 | €1,447 | -€13,952 | -90.6% |
| Total equity and liabilities | 10/49 | €20,474 | €5,711 | -€14,762 | -72.1% |
| Equity | 10/15 | -€85,992 | -€85,178 | +€814 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,052 | €14,052 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,052 | €14,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,644 | -€117,831 | +€814 | +0.7% |
| Amounts payable | 17/49 | €106,466 | €90,890 | -€15,576 | -14.6% |
| Amounts payable within one year | 42/48 | €106,466 | €90,890 | -€15,576 | -14.6% |
| Taxes, remuneration and social security | 45 | €761 | €558 | -€203 | -26.7% |
| Taxes | 450/3 | €761 | €558 | -€203 | -26.7% |
| Other amounts payable | 47/48 | €105,704 | €90,331 | -€15,373 | -14.5% |
| Gross operating margin | 9900 | €3,999 | €888 | -€3,111 | -77.8% |
| Operating profit (loss) | 9901 | €3,999 | €888 | -€3,111 | -77.8% |
| Financial income | 75/76B | €33 | €53 | +€20 | +62.6% |
| Recurring financial income | 75 | €33 | €53 | +€20 | +62.6% |
| Financial charges | 65/66B | €395 | €127 | -€268 | -67.8% |
| Recurring financial charges | 65 | €395 | €127 | -€268 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €3,636 | €814 | -€2,823 | -77.6% |
| Profit (loss) for the period | 9904 | €3,636 | €814 | -€2,823 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,636 | €814 | -€2,823 | -77.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.