2xM: 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.
2xM
Largest movements
- Cash -€15,082
down €15,082 (-76.2%), from €19,796 to €4,714
mainly Net result for the year (-€25,917) and Trade debts (-€5,375)
- Tangible fixed assets -€8,034
down €8,034 (-51.6%), from €15,581 to €7,548
of which Furniture and vehicles: -€6,466
- Receivables within one year -€7,128
down €7,128 (-23.3%), from €30,532 to €23,403
of which Trade receivables: -€7,483
- Deferred charges and accrued income -€2,542
down €2,542 (-99.3%), from €2,561 to €19
- Profit (loss) carried forward -€25,917
down €25,917 (-556%), from -€4,660 to -€30,576
- Trade debts -€5,375
down €5,375 (-77.0%), from €6,982 to €1,606
- Tax, wage and social debts -€2,998
down €2,998 (-44.0%), from €6,817 to €3,819
- Other debts +€1,504
up €1,504 (+5.9%), from €25,371 to €26,875
- Gross operating margin -€19,379
down €19,379, from €3,944 to -€15,436
- Financial income -€1,165
down €1,165 (-98.2%), from €1,187 to €22
- Taxes -€863
down €863 (-80.4%), from €1,073 to €210
- Other operating charges +€791
up €791 (+71.4%), from €1,108 to €1,899
- Depreciation +€524
up €524 (+7.0%), from €7,509 to €8,034
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 | €68,470 | €35,683 | -€32,787 | -47.9% |
| Fixed assets | 21/28 | €15,581 | €7,548 | -€8,034 | -51.6% |
| Tangible fixed assets | 22/27 | €15,581 | €7,548 | -€8,034 | -51.6% |
| Land and buildings | 22 | €2,286 | €2,044 | -€242 | -10.6% |
| Plant, machinery and equipment | 23 | €1,819 | €493 | -€1,325 | -72.9% |
| Furniture and vehicles | 24 | €11,476 | €5,010 | -€6,466 | -56.3% |
| Current assets | 29/58 | €52,889 | €28,136 | -€24,753 | -46.8% |
| Amounts receivable within one year | 40/41 | €30,532 | €23,403 | -€7,128 | -23.3% |
| Trade receivables | 40 | €28,570 | €21,087 | -€7,483 | -26.2% |
| Other amounts receivable | 41 | €1,962 | €2,316 | +€354 | +18.0% |
| Cash at bank and in hand | 54/58 | €19,796 | €4,714 | -€15,082 | -76.2% |
| Deferred charges and accrued income | 490/1 | €2,561 | €19 | -€2,542 | -99.3% |
| Total equity and liabilities | 10/49 | €68,470 | €35,683 | -€32,787 | -47.9% |
| Equity | 10/15 | €29,300 | €3,384 | -€25,917 | -88.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,360 | €15,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €13,500 | €15,360 | +€1,860 | +13.8% |
| Profit (loss) carried forward | 14 | -€4,660 | -€30,576 | -€25,917 | -556% |
| Amounts payable | 17/49 | €39,170 | €32,300 | -€6,870 | -17.5% |
| Amounts payable within one year | 42/48 | €39,170 | €32,300 | -€6,870 | -17.5% |
| Trade debts | 44 | €6,982 | €1,606 | -€5,375 | -77.0% |
| Suppliers | 440/4 | €6,982 | €1,606 | -€5,375 | -77.0% |
| Taxes, remuneration and social security | 45 | €6,817 | €3,819 | -€2,998 | -44.0% |
| Taxes | 450/3 | €6,817 | €3,819 | -€2,998 | -44.0% |
| Other amounts payable | 47/48 | €25,371 | €26,875 | +€1,504 | +5.9% |
| Remuneration, social security and pensions | 62 | - | €41 | +€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,509 | €8,034 | +€524 | +7.0% |
| Other operating charges | 640/8 | €1,108 | €1,899 | +€791 | +71.4% |
| Gross operating margin | 9900 | €3,944 | -€15,436 | -€19,379 | |
| Operating profit (loss) | 9901 | -€4,674 | -€25,409 | -€20,736 | -444% |
| Financial income | 75/76B | €1,187 | €22 | -€1,165 | -98.2% |
| Recurring financial income | 75 | €1,187 | €22 | -€1,165 | -98.2% |
| Financial charges | 65/66B | €198 | €319 | +€121 | +60.8% |
| Recurring financial charges | 65 | €198 | €319 | +€121 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,685 | -€25,707 | -€22,022 | -598% |
| Income taxes | 67/77 | €1,073 | €210 | -€863 | -80.4% |
| Profit (loss) for the period | 9904 | -€4,758 | -€25,917 | -€21,159 | -445% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,758 | -€25,917 | -€21,159 | -445% |
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 19 October 2026 via checked.be.