M² CARE: 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.
M² CARE
Largest movements
- Cash +€7,357
up €7,357 (+33.6%), from €21,869 to €29,226
mainly Net result for the year (+€34,341) and Trade debts (+€1,769)
- Profit (loss) carried forward +€34,341
up €34,341 (+53716.3%), from €64 to €34,405
- Other debts -€27,773
no longer reported in 2025 (was €27,773)
- Trade debts +€1,769
up €1,769 (+2327.5%), from €76 to €1,845
- Gross operating margin +€1,704
up €1,704 (+3.7%), from €45,601 to €47,305
- Other operating charges +€726
up €726 (+187.5%), from €387 to €1,114
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 | €67,717 | €76,000 | +€8,283 | +12.2% |
| Current assets | 29/58 | €67,717 | €76,000 | +€8,283 | +12.2% |
| Stocks and contracts in progress | 3 | €1,054 | €1,054 | = | 0.0% |
| Stocks | 30/36 | €1,054 | €1,054 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,708 | €7,368 | +€660 | +9.8% |
| Other amounts receivable | 41 | €6,708 | €7,368 | +€660 | +9.8% |
| Cash at bank and in hand | 54/58 | €21,869 | €29,226 | +€7,357 | +33.6% |
| Deferred charges and accrued income | 490/1 | €38,086 | €38,352 | +€266 | +0.7% |
| Total equity and liabilities | 10/49 | €67,717 | €76,000 | +€8,283 | +12.2% |
| Equity | 10/15 | €36,024 | €70,365 | +€34,341 | +95.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €35,860 | €35,860 | = | 0.0% |
| Distributable reserves | 133 | €35,860 | €35,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64 | €34,405 | +€34,341 | +53716.3% |
| Amounts payable | 17/49 | €31,693 | €5,635 | -€26,058 | -82.2% |
| Amounts payable within one year | 42/48 | €31,693 | €5,635 | -€26,058 | -82.2% |
| Current portion of amounts payable after more than one year | 42 | €3,834 | €3,790 | -€43 | -1.1% |
| Financial debts | 43 | €10 | - | -€10 | |
| Credit institutions | 430/8 | €10 | - | -€10 | |
| Trade debts | 44 | €76 | €1,845 | +€1,769 | +2327.5% |
| Suppliers | 440/4 | €76 | €1,845 | +€1,769 | +2327.5% |
| Other amounts payable | 47/48 | €27,773 | - | -€27,773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186 | - | -€186 | |
| Other operating charges | 640/8 | €387 | €1,114 | +€726 | +187.5% |
| Gross operating margin | 9900 | €45,601 | €47,305 | +€1,704 | +3.7% |
| Operating profit (loss) | 9901 | €45,028 | €46,192 | +€1,164 | +2.6% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €620 | €325 | -€294 | -47.5% |
| Recurring financial charges | 65 | €620 | €325 | -€294 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €44,426 | €45,866 | +€1,440 | +3.2% |
| Income taxes | 67/77 | €11,092 | €11,526 | +€434 | +3.9% |
| Profit (loss) for the period | 9904 | €33,334 | €34,341 | +€1,007 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,334 | €34,341 | +€1,007 | +3.0% |
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.