m.ever: 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.ever
Largest movements
- Tangible fixed assets +€20,102
up €20,102 (+48.7%), from €41,261 to €61,363
- Cash +€12,799
up €12,799 (+51.4%), from €24,914 to €37,713
mainly Net result for the year (+€32,619) and Depreciation (+€19,835)
- Receivables within one year +€6,771
up €6,771 (+47.5%), from €14,248 to €21,019
of which Other amounts receivable: +€6,393
- Reserves +€32,500
up €32,500 (+130%), from €25,000 to €57,500
- Current portion of long-term debt +€9,131
up €9,131 (+113%), from €8,116 to €17,247
- Debts after one year -€6,157
down €6,157 (-25.8%), from €23,900 to €17,743
- Trade debts +€2,909
up €2,909 (+76.6%), from €3,799 to €6,708
- Tax, wage and social debts +€1,656
up €1,656 (+14.0%), from €11,817 to €13,473
- Gross operating margin +€33,755
up €33,755 (+91.6%), from €36,858 to €70,613
- Depreciation +€16,935
up €16,935 (+584%), from €2,901 to €19,835
- Other operating charges +€6,954
up €6,954 (+1,497%), from €465 to €7,419
- Taxes +€2,158
up €2,158 (+32.2%), from €6,700 to €8,858
- Financial charges +€1,527
up €1,527 (+293%), from €520 to €2,047
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.
Derived cash bridge
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 | €80,873 | €120,563 | +€39,690 | +49.1% |
| Fixed assets | 21/28 | €41,261 | €61,363 | +€20,102 | +48.7% |
| Tangible fixed assets | 22/27 | €41,261 | €61,363 | +€20,102 | +48.7% |
| Furniture and vehicles | 24 | €41,261 | €61,363 | +€20,102 | +48.7% |
| Current assets | 29/58 | €39,612 | €59,200 | +€19,588 | +49.4% |
| Amounts receivable within one year | 40/41 | €14,248 | €21,019 | +€6,771 | +47.5% |
| Trade receivables | 40 | €14,248 | €14,626 | +€377 | +2.6% |
| Other amounts receivable | 41 | - | €6,393 | +€6,393 | |
| Cash at bank and in hand | 54/58 | €24,914 | €37,713 | +€12,799 | +51.4% |
| Deferred charges and accrued income | 490/1 | €450 | €468 | +€18 | +4.1% |
| Total equity and liabilities | 10/49 | €80,873 | €120,563 | +€39,690 | +49.1% |
| Equity | 10/15 | €31,273 | €63,892 | +€32,619 | +104% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €57,500 | +€32,500 | +130% |
| Distributable reserves | 133 | €25,000 | €57,500 | +€32,500 | +130% |
| Profit (loss) carried forward | 14 | €1,273 | €1,392 | +€119 | +9.3% |
| Amounts payable | 17/49 | €49,601 | €56,672 | +€7,071 | +14.3% |
| Amounts payable after more than one year | 17 | €23,900 | €17,743 | -€6,157 | -25.8% |
| Financial debts | 170/4 | €23,900 | €17,743 | -€6,157 | -25.8% |
| Amounts payable within one year | 42/48 | €24,201 | €37,429 | +€13,228 | +54.7% |
| Current portion of amounts payable after more than one year | 42 | €8,116 | €17,247 | +€9,131 | +113% |
| Trade debts | 44 | €3,799 | €6,708 | +€2,909 | +76.6% |
| Suppliers | 440/4 | €3,799 | €6,708 | +€2,909 | +76.6% |
| Taxes, remuneration and social security | 45 | €11,817 | €13,473 | +€1,656 | +14.0% |
| Taxes | 450/3 | €11,817 | €13,473 | +€1,656 | +14.0% |
| Other amounts payable | 47/48 | €468 | - | -€468 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,901 | €19,835 | +€16,935 | +584% |
| Other operating charges | 640/8 | €465 | €7,419 | +€6,954 | +1,497% |
| Gross operating margin | 9900 | €36,858 | €70,613 | +€33,755 | +91.6% |
| Operating profit (loss) | 9901 | €33,493 | €43,359 | +€9,866 | +29.5% |
| Financial income | 75/76B | - | €166 | +€166 | |
| Recurring financial income | 75 | - | €166 | +€166 | |
| Financial charges | 65/66B | €520 | €2,047 | +€1,527 | +293% |
| Recurring financial charges | 65 | €520 | €2,047 | +€1,527 | +293% |
| Profit (loss) for the period before taxes | 9903 | €32,973 | €41,477 | +€8,504 | +25.8% |
| Income taxes | 67/77 | €6,700 | €8,858 | +€2,158 | +32.2% |
| Profit (loss) for the period | 9904 | €26,273 | €32,619 | +€6,346 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,273 | €32,619 | +€6,346 | +24.2% |
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 16 October 2026 via checked.be.