Gestion M & M: 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.
Gestion M & M
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€37,480
up €37,480 (+10.6%), from €353,390 to €390,870
- Other debts -€33,550
down €33,550 (-70.6%), from €47,500 to €13,950
- Financial income +€2,171
up €2,171 (+4.4%), from €49,721 to €51,892
- Purchases and services +€1,280
new in 2025: €1,280
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 | €421,341 | €425,271 | +€3,930 | +0.9% |
| Fixed assets | 21/28 | €251,157 | €250,954 | -€202 | -0.1% |
| Tangible fixed assets | 22/27 | €3,263 | €3,061 | -€202 | -6.2% |
| Land and buildings | 22 | €3,263 | €3,061 | -€202 | -6.2% |
| Financial fixed assets | 28 | €247,894 | €247,894 | = | 0.0% |
| Current assets | 29/58 | €170,184 | €174,317 | +€4,132 | +2.4% |
| Amounts receivable within one year | 40/41 | €150,428 | €151,933 | +€1,504 | +1.0% |
| Other amounts receivable | 41 | €150,428 | €151,933 | +€1,504 | +1.0% |
| Cash at bank and in hand | 54/58 | €19,756 | €22,384 | +€2,628 | +13.3% |
| Total equity and liabilities | 10/49 | €421,341 | €425,271 | +€3,930 | +0.9% |
| Equity | 10/15 | €373,841 | €411,321 | +€37,480 | +10.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,390 | €390,870 | +€37,480 | +10.6% |
| Amounts payable | 17/49 | €47,500 | €13,950 | -€33,550 | -70.6% |
| Amounts payable within one year | 42/48 | €47,500 | €13,950 | -€33,550 | -70.6% |
| Other amounts payable | 47/48 | €47,500 | €13,950 | -€33,550 | -70.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,280 | +€1,280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €202 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,277 | -€1,280 | -€3 | -0.2% |
| Operating profit (loss) | 9901 | -€1,867 | -€1,882 | -€15 | -0.8% |
| Financial income | 75/76B | €49,721 | €51,892 | +€2,171 | +4.4% |
| Recurring financial income | 75 | €49,721 | €51,892 | +€2,171 | +4.4% |
| Financial charges | 65/66B | €29 | €31 | +€2 | +7.9% |
| Recurring financial charges | 65 | €29 | €31 | +€2 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €47,826 | €49,980 | +€2,154 | +4.5% |
| Profit (loss) for the period | 9904 | €47,826 | €49,980 | +€2,154 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,826 | €49,980 | +€2,154 | +4.5% |
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 11 October 2026 via checked.be.