M et 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.
M et M
Largest movements
- Cash -€1,266
down €1,266 (-36.6%), from €3,455 to €2,189
mainly Net result for the year (-€3,794) and Tax, wage and social debts (-€1,534)
- Stocks and contracts -€723
down €723 (-39.0%), from €1,853 to €1,130
- Tangible fixed assets -€119
no longer reported in 2023 (was €119)
- Profit (loss) carried forward -€3,794
down €3,794 (-25.1%), from -€15,118 to -€18,912
- Other debts +€3,220
up €3,220 (+768%), from €419 to €3,639
- Tax, wage and social debts -€1,534
no longer reported in 2023 (was €1,534)
- Gross operating margin -€1,456
down €1,456 (-80.6%), from -€1,806 to -€3,262
- Financial charges +€102
up €102 (+32.8%), from €311 to €413
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,427 | €3,319 | -€2,108 | -38.8% |
| Fixed assets | 21/28 | €119 | - | -€119 | |
| Tangible fixed assets | 22/27 | €119 | - | -€119 | |
| Furniture and vehicles | 24 | €119 | - | -€119 | |
| Current assets | 29/58 | €5,308 | €3,319 | -€1,989 | -37.5% |
| Stocks and contracts in progress | 3 | €1,853 | €1,130 | -€723 | -39.0% |
| Stocks | 30/36 | €1,853 | €1,130 | -€723 | -39.0% |
| Cash at bank and in hand | 54/58 | €3,455 | €2,189 | -€1,266 | -36.6% |
| Total equity and liabilities | 10/49 | €5,427 | €3,319 | -€2,108 | -38.8% |
| Equity | 10/15 | €3,474 | -€320 | -€3,794 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,118 | -€18,912 | -€3,794 | -25.1% |
| Amounts payable | 17/49 | €1,953 | €3,639 | +€1,686 | +86.3% |
| Amounts payable within one year | 42/48 | €1,953 | €3,639 | +€1,686 | +86.3% |
| Taxes, remuneration and social security | 45 | €1,534 | - | -€1,534 | |
| Taxes | 450/3 | €1,534 | - | -€1,534 | |
| Other amounts payable | 47/48 | €419 | €3,639 | +€3,220 | +768% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €119 | +€11 | +10.2% |
| Gross operating margin | 9900 | -€1,806 | -€3,262 | -€1,456 | -80.6% |
| Operating profit (loss) | 9901 | -€1,914 | -€3,381 | -€1,467 | -76.6% |
| Financial charges | 65/66B | €311 | €413 | +€102 | +32.8% |
| Recurring financial charges | 65 | €311 | €413 | +€102 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,225 | -€3,794 | -€1,569 | -70.5% |
| Profit (loss) for the period | 9904 | -€2,225 | -€3,794 | -€1,569 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,225 | -€3,794 | -€1,569 | -70.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.