2M PROJECTS: 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.
2M PROJECTS
Largest movements
- Cash -€1,938
down €1,938 (-26.7%), from €7,267 to €5,329
mainly Net result for the year (-€1,614) and Tax, wage and social debts (-€974)
- Receivables within one year -€650
down €650 (-97.3%), from €668 to €18
of which Trade receivables: -€650
- Profit (loss) carried forward -€1,614
down €1,614 (-54.5%), from €2,961 to €1,347
- Tax, wage and social debts -€974
no longer reported in 2024 (was €974)
- Gross operating margin -€689
down €689 (-173%), from -€399 to -€1,088
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 | €7,935 | €5,347 | -€2,588 | -32.6% |
| Current assets | 29/58 | €7,935 | €5,347 | -€2,588 | -32.6% |
| Amounts receivable within one year | 40/41 | €668 | €18 | -€650 | -97.3% |
| Trade receivables | 40 | €650 | - | -€650 | |
| Other amounts receivable | 41 | €18 | €18 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,267 | €5,329 | -€1,938 | -26.7% |
| Total equity and liabilities | 10/49 | €7,935 | €5,347 | -€2,588 | -32.6% |
| Equity | 10/15 | €6,961 | €5,347 | -€1,614 | -23.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,961 | €1,347 | -€1,614 | -54.5% |
| Amounts payable | 17/49 | €974 | - | -€974 | |
| Amounts payable within one year | 42/48 | €974 | - | -€974 | |
| Taxes, remuneration and social security | 45 | €974 | - | -€974 | |
| Taxes | 450/3 | €974 | - | -€974 | |
| Other operating charges | 640/8 | €396 | €387 | -€9 | -2.3% |
| Gross operating margin | 9900 | -€399 | -€1,088 | -€689 | -173% |
| Operating profit (loss) | 9901 | -€795 | -€1,475 | -€680 | -85.6% |
| Financial charges | 65/66B | €139 | €139 | = | 0.0% |
| Recurring financial charges | 65 | €139 | €139 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€934 | -€1,614 | -€680 | -72.8% |
| Profit (loss) for the period | 9904 | -€934 | -€1,614 | -€680 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€934 | -€1,614 | -€680 | -72.8% |
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 13 October 2026 via checked.be.