2MDR CONSEILS: 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.
2MDR CONSEILS
Largest movements
- Intangible fixed assets -€175,785
down €175,785 (-11.7%), from €1.5m to €1.3m
- Receivables within one year -€153,241
down €153,241 (-99.0%), from €154,742 to €1,501
of which Other amounts receivable: -€153,632
- Current investments +€150,000
new in 2025: €150,000
- Cash +€147,319
up €147,319 (+508%), from €29,007 to €176,326
mainly Net result for the year (+€262,993) and Depreciation (+€184,819)
- Debts after one year -€275,322
down €275,322 (-21.8%), from €1.3m to €987,259
- Current portion of long-term debt +€140,211
new in 2025: €140,211
- Profit (loss) carried forward +€75,243
up €75,243 (+35.9%), from €209,871 to €285,114
- Tax, wage and social debts +€30,534
up €30,534 (+66.5%), from €45,912 to €76,446
of which Taxes: +€22,587
- Gross operating margin +€125,244
up €125,244 (+14.1%), from €887,951 to €1.0m
- Staff costs +€56,465
up €56,465 (+13.5%), from €418,669 to €475,134
- Taxes +€21,963
up €21,963 (+91.9%), from €23,890 to €45,854
- Other operating charges -€12,367
down €12,367 (-88.5%), from €13,981 to €1,614
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 | €1,730,999 | €1,692,982 | -€38,018 | -2.2% |
| Fixed assets | 21/28 | €1,541,928 | €1,359,417 | -€182,511 | -11.8% |
| Intangible fixed assets | 21 | €1,508,074 | €1,332,289 | -€175,785 | -11.7% |
| Tangible fixed assets | 22/27 | €33,454 | €26,728 | -€6,726 | -20.1% |
| Land and buildings | 22 | €2,441 | €4,176 | +€1,734 | +71.0% |
| Furniture and vehicles | 24 | €31,013 | €22,553 | -€8,460 | -27.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €189,071 | €333,564 | +€144,493 | +76.4% |
| Amounts receivable within one year | 40/41 | €154,742 | €1,501 | -€153,241 | -99.0% |
| Trade receivables | 40 | - | €391 | +€391 | |
| Other amounts receivable | 41 | €154,742 | €1,110 | -€153,632 | -99.3% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €29,007 | €176,326 | +€147,319 | +508% |
| Deferred charges and accrued income | 490/1 | €5,322 | €5,738 | +€415 | +7.8% |
| Total equity and liabilities | 10/49 | €1,730,999 | €1,692,982 | -€38,018 | -2.2% |
| Equity | 10/15 | €213,871 | €289,114 | +€75,243 | +35.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €209,871 | €285,114 | +€75,243 | +35.9% |
| Amounts payable | 17/49 | €1,517,128 | €1,403,868 | -€113,260 | -7.5% |
| Amounts payable after more than one year | 17 | €1,262,582 | €987,259 | -€275,322 | -21.8% |
| Financial debts | 170/4 | €1,262,582 | €987,259 | -€275,322 | -21.8% |
| Amounts payable within one year | 42/48 | €254,547 | €416,608 | +€162,062 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | - | €140,211 | +€140,211 | |
| Trade debts | 44 | €28,635 | €14,499 | -€14,136 | -49.4% |
| Suppliers | 440/4 | €28,635 | €14,499 | -€14,136 | -49.4% |
| Taxes, remuneration and social security | 45 | €45,912 | €76,446 | +€30,534 | +66.5% |
| Taxes | 450/3 | - | €22,587 | +€22,587 | |
| Remuneration and social security | 454/9 | €45,912 | €53,859 | +€7,947 | +17.3% |
| Other amounts payable | 47/48 | €180,000 | €185,453 | +€5,453 | +3.0% |
| Remuneration, social security and pensions | 62 | €418,669 | €475,134 | +€56,465 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,279 | €184,819 | +€540 | +0.3% |
| Other operating charges | 640/8 | €13,981 | €1,614 | -€12,367 | -88.5% |
| Gross operating margin | 9900 | €887,951 | €1,013,195 | +€125,244 | +14.1% |
| Operating profit (loss) | 9901 | €271,023 | €351,629 | +€80,607 | +29.7% |
| Financial income | 75/76B | - | €1,881 | +€1,881 | |
| Recurring financial income | 75 | - | €1,881 | +€1,881 | |
| Financial charges | 65/66B | €49,036 | €44,664 | -€4,372 | -8.9% |
| Recurring financial charges | 65 | €49,036 | €44,664 | -€4,372 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €221,987 | €308,847 | +€86,860 | +39.1% |
| Income taxes | 67/77 | €23,890 | €45,854 | +€21,963 | +91.9% |
| Profit (loss) for the period | 9904 | €198,096 | €262,993 | +€64,897 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €198,096 | €262,993 | +€64,897 | +32.8% |
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 29 October 2026 via checked.be.