2MI: 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.
2MI
Largest movements
- Receivables after one year +€75,000
up €75,000 (+100.0%), from €75,000 to €150,000
- Cash -€13,386
down €13,386 (-8.7%), from €154,150 to €140,764
mainly Receivables after one year (-€75,000) and Investment in fixed assets (net) (-€13,798)
- Tangible fixed assets +€12,778
up €12,778 (+368.1%), from €3,471 to €16,250
of which Plant, machinery and equipment: +€9,262
- Reserves +€79,839
up €79,839 (+41.2%), from €193,981 to €273,820
- Tax, wage and social debts +€4,899
up €4,899 (+9.9%), from €49,597 to €54,495
- Financial charges +€1,873
up €1,873 (+99.3%), from €1,886 to €3,759
- Taxes +€1,330
up €1,330 (+6.1%), from €21,877 to €23,207
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 | €253,995 | €333,784 | +€79,790 | +31.4% |
| Fixed assets | 21/28 | €3,471 | €16,250 | +€12,778 | +368.1% |
| Tangible fixed assets | 22/27 | €3,471 | €16,250 | +€12,778 | +368.1% |
| Plant, machinery and equipment | 23 | - | €9,262 | +€9,262 | |
| Furniture and vehicles | 24 | €2,039 | €1,826 | -€213 | -10.5% |
| Other tangible fixed assets | 26 | €1,433 | €5,162 | +€3,729 | +260.3% |
| Current assets | 29/58 | €250,523 | €317,535 | +€67,012 | +26.7% |
| Amounts receivable after more than one year | 29 | €75,000 | €150,000 | +€75,000 | +100.0% |
| Other amounts receivable | 291 | €75,000 | €150,000 | +€75,000 | +100.0% |
| Amounts receivable within one year | 40/41 | €20,691 | €23,545 | +€2,854 | +13.8% |
| Trade receivables | 40 | €20,691 | €23,545 | +€2,854 | +13.8% |
| Current investments | 50/53 | €600 | - | -€600 | |
| Cash at bank and in hand | 54/58 | €154,150 | €140,764 | -€13,386 | -8.7% |
| Deferred charges and accrued income | 490/1 | €82 | €3,226 | +€3,144 | +3816.5% |
| Total equity and liabilities | 10/49 | €253,995 | €333,784 | +€79,790 | +31.4% |
| Equity | 10/15 | €198,981 | €278,820 | +€79,839 | +40.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €193,981 | €273,820 | +€79,839 | +41.2% |
| Distributable reserves | 133 | €193,981 | €273,820 | +€79,839 | +41.2% |
| Amounts payable | 17/49 | €55,013 | €54,964 | -€49 | -0.1% |
| Amounts payable within one year | 42/48 | €55,013 | €54,964 | -€49 | -0.1% |
| Trade debts | 44 | €2,560 | €469 | -€2,091 | -81.7% |
| Suppliers | 440/4 | €2,560 | €469 | -€2,091 | -81.7% |
| Taxes, remuneration and social security | 45 | €49,597 | €54,495 | +€4,899 | +9.9% |
| Taxes | 450/3 | €49,597 | €54,495 | +€4,899 | +9.9% |
| Other amounts payable | 47/48 | €2,857 | - | -€2,857 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €1,020 | +€337 | +49.4% |
| Other operating charges | 640/8 | €1,870 | €1,388 | -€483 | -25.8% |
| Gross operating margin | 9900 | €103,948 | €104,672 | +€724 | +0.7% |
| Operating profit (loss) | 9901 | €101,395 | €102,265 | +€870 | +0.9% |
| Financial income | 75/76B | €3,932 | €4,540 | +€608 | +15.5% |
| Recurring financial income | 75 | €3,932 | €4,540 | +€608 | +15.5% |
| Financial charges | 65/66B | €1,886 | €3,759 | +€1,873 | +99.3% |
| Recurring financial charges | 65 | €1,886 | €3,759 | +€1,873 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | €103,441 | €103,046 | -€395 | -0.4% |
| Income taxes | 67/77 | €21,877 | €23,207 | +€1,330 | +6.1% |
| Profit (loss) for the period | 9904 | €81,564 | €79,839 | -€1,725 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €81,564 | €79,839 | -€1,725 | -2.1% |
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 10 October 2026 via checked.be.