DOUBLE M: what changed
Two fiscal 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.
DOUBLE M
Largest movements
- Cash -€6,792
down €6,792 (-74.2%), from €9,150 to €2,359
mainly Other debts (-€8,683) and Investment in fixed assets (net) (-€2,505)
- Receivables within one year +€1,991
up €1,991 (+62.2%), from €3,200 to €5,191
of which Trade receivables: +€2,034
- Other debts -€8,683
down €8,683 (-23.8%), from €36,501 to €27,817
- Profit (loss) carried forward +€2,656
up €2,656 (+13.8%), from -€19,243 to -€16,587
- Tax, wage and social debts +€676
new in 2025: €676
- Trade debts +€642
up €642 (+57.2%), from €1,121 to €1,763
- Gross operating margin -€8,805
down €8,805 (-63.3%), from €13,918 to €5,113
- Depreciation -€689
down €689 (-22.2%), from €3,103 to €2,414
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 | €18,379 | €13,669 | -€4,710 | -25.6% |
| Fixed assets | 21/28 | €6,029 | €6,120 | +€91 | +1.5% |
| Tangible fixed assets | 22/27 | €6,029 | €6,120 | +€91 | +1.5% |
| Furniture and vehicles | 24 | €6,029 | €3,617 | -€2,412 | -40.0% |
| Other tangible fixed assets | 26 | - | €2,503 | +€2,503 | |
| Current assets | 29/58 | €12,350 | €7,549 | -€4,801 | -38.9% |
| Amounts receivable within one year | 40/41 | €3,200 | €5,191 | +€1,991 | +62.2% |
| Trade receivables | 40 | €3,157 | €5,191 | +€2,034 | +64.4% |
| Other amounts receivable | 41 | €43 | - | -€43 | |
| Cash at bank and in hand | 54/58 | €9,150 | €2,359 | -€6,792 | -74.2% |
| Total equity and liabilities | 10/49 | €18,379 | €13,669 | -€4,710 | -25.6% |
| Equity | 10/15 | -€19,243 | -€16,587 | +€2,656 | +13.8% |
| Profit (loss) carried forward | 14 | -€19,243 | -€16,587 | +€2,656 | +13.8% |
| Amounts payable | 17/49 | €37,622 | €30,256 | -€7,366 | -19.6% |
| Amounts payable within one year | 42/48 | €37,622 | €30,256 | -€7,366 | -19.6% |
| Trade debts | 44 | €1,121 | €1,763 | +€642 | +57.2% |
| Suppliers | 440/4 | €1,121 | €1,763 | +€642 | +57.2% |
| Taxes, remuneration and social security | 45 | - | €676 | +€676 | |
| Taxes | 450/3 | - | €676 | +€676 | |
| Other amounts payable | 47/48 | €36,501 | €27,817 | -€8,683 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,103 | €2,414 | -€689 | -22.2% |
| Gross operating margin | 9900 | €13,918 | €5,113 | -€8,805 | -63.3% |
| Operating profit (loss) | 9901 | €10,815 | €2,700 | -€8,116 | -75.0% |
| Financial charges | 65/66B | €23 | €44 | +€21 | +91.2% |
| Recurring financial charges | 65 | €23 | €44 | +€21 | +91.2% |
| Profit (loss) for the period before taxes | 9903 | €10,792 | €2,656 | -€8,136 | -75.4% |
| Profit (loss) for the period | 9904 | €10,792 | €2,656 | -€8,136 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,792 | €2,656 | -€8,136 | -75.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.