2MM: 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.
2MM
Largest movements
- Cash -€24,268
down €24,268 (-62.4%), from €38,889 to €14,621
mainly Net result for the year (-€21,576) and Other debts (-€4,461)
- Tangible fixed assets -€2,459
down €2,459 (-16.7%), from €14,750 to €12,291
of which Land and buildings: -€2,046
- Receivables within one year +€643
up €643 (+5,715%), from €11 to €654
of which Other amounts receivable: +€561
- Profit (loss) carried forward -€21,576
down €21,576 (-15.9%), from -€136,090 to -€157,666
- Other debts -€4,461
down €4,461 (-17.5%), from €25,521 to €21,060
- Trade debts +€750
up €750 (+1,293%), from €58 to €808
- Gross operating margin -€24,558
down €24,558, from €2,501 to -€22,057
- Depreciation -€1,254
down €1,254 (-33.8%), from €3,712 to €2,459
- Financial income -€1,106
down €1,106 (-22.1%), from €5,011 to €3,905
of which Non-recurring financial income: -€1,232
- Other operating charges -€902
down €902 (-64.8%), from €1,392 to €491
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 | €63,311 | €37,553 | -€25,758 | -40.7% |
| Fixed assets | 21/28 | €14,750 | €12,291 | -€2,459 | -16.7% |
| Tangible fixed assets | 22/27 | €14,750 | €12,291 | -€2,459 | -16.7% |
| Land and buildings | 22 | €13,751 | €11,705 | -€2,046 | -14.9% |
| Furniture and vehicles | 24 | €999 | €587 | -€412 | -41.3% |
| Current assets | 29/58 | €48,561 | €25,261 | -€23,299 | -48.0% |
| Amounts receivable within one year | 40/41 | €11 | €654 | +€643 | +5,715% |
| Trade receivables | 40 | - | €82 | +€82 | |
| Other amounts receivable | 41 | €11 | €572 | +€561 | +4,987% |
| Current investments | 50/53 | €8,908 | €8,908 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,889 | €14,621 | -€24,268 | -62.4% |
| Deferred charges and accrued income | 490/1 | €753 | €1,079 | +€326 | +43.3% |
| Total equity and liabilities | 10/49 | €63,311 | €37,553 | -€25,758 | -40.7% |
| Equity | 10/15 | €37,102 | €15,526 | -€21,576 | -58.2% |
| Contributions | 10/11 | €86,100 | €86,100 | = | 0.0% |
| Reserves | 13 | €87,092 | €87,092 | = | 0.0% |
| Distributable reserves | 133 | €87,092 | €87,092 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,090 | -€157,666 | -€21,576 | -15.9% |
| Amounts payable | 17/49 | €26,209 | €22,027 | -€4,182 | -16.0% |
| Amounts payable within one year | 42/48 | €26,209 | €22,027 | -€4,182 | -16.0% |
| Trade debts | 44 | €58 | €808 | +€750 | +1,293% |
| Suppliers | 440/4 | €58 | €808 | +€750 | +1,293% |
| Advances received on contracts in progress | 46 | €201 | €41 | -€160 | -79.6% |
| Taxes, remuneration and social security | 45 | €428 | €118 | -€311 | -72.6% |
| Taxes | 450/3 | €428 | €118 | -€311 | -72.6% |
| Other amounts payable | 47/48 | €25,521 | €21,060 | -€4,461 | -17.5% |
| Non-recurring operating income | 76A | €2,395 | €970 | -€1,426 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,712 | €2,459 | -€1,254 | -33.8% |
| Other operating charges | 640/8 | €1,392 | €491 | -€902 | -64.8% |
| Gross operating margin | 9900 | €2,501 | -€22,057 | -€24,558 | |
| Operating profit (loss) | 9901 | -€2,604 | -€25,006 | -€22,402 | -860% |
| Financial income | 75/76B | €5,011 | €3,905 | -€1,106 | -22.1% |
| Recurring financial income | 75 | €255 | €381 | +€126 | +49.5% |
| Non-recurring financial income | 76B | €4,756 | €3,524 | -€1,232 | -25.9% |
| Financial charges | 65/66B | €129 | €340 | +€210 | +163% |
| Recurring financial charges | 65 | €129 | €340 | +€210 | +163% |
| Profit (loss) for the period before taxes | 9903 | €2,278 | -€21,441 | -€23,719 | |
| Income taxes | 67/77 | - | €135 | +€135 | |
| Profit (loss) for the period | 9904 | €2,278 | -€21,576 | -€23,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,278 | -€21,576 | -€23,854 |
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 14 October 2026 via checked.be.