M GROUP: 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.
M GROUP
Largest movements
- Receivables within one year +€11,421
up €11,421 (+1601.7%), from €713 to €12,134
of which Trade receivables: +€11,315
- Cash +€1,106
new in 2024: €1,106
mainly Net result for the year (+€6,890) and Other debts (+€5,488)
- Profit (loss) carried forward +€6,890
up €6,890 (+26.0%), from -€26,494 to -€19,604
- Other debts +€5,488
up €5,488 (+210.2%), from €2,611 to €8,099
- Trade debts +€141
new in 2024: €141
- Gross operating margin +€6,783
up €6,783 (+2745.5%), from €247 to €7,030
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €722 | €13,240 | +€12,518 | +1733.5% |
| Current assets | 29/58 | €722 | €13,240 | +€12,518 | +1733.5% |
| Amounts receivable within one year | 40/41 | €713 | €12,134 | +€11,421 | +1601.7% |
| Trade receivables | 40 | - | €11,315 | +€11,315 | |
| Other amounts receivable | 41 | €713 | €819 | +€106 | +14.8% |
| Cash at bank and in hand | 54/58 | - | €1,106 | +€1,106 | |
| Deferred charges and accrued income | 490/1 | €9 | - | -€9 | |
| Total equity and liabilities | 10/49 | €722 | €13,240 | +€12,518 | +1733.5% |
| Equity | 10/15 | -€5,494 | €1,396 | +€6,890 | |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,494 | -€19,604 | +€6,890 | +26.0% |
| Amounts payable | 17/49 | €6,216 | €11,845 | +€5,629 | +90.5% |
| Amounts payable within one year | 42/48 | €6,216 | €11,845 | +€5,629 | +90.5% |
| Trade debts | 44 | - | €141 | +€141 | |
| Suppliers | 440/4 | - | €141 | +€141 | |
| Taxes, remuneration and social security | 45 | €3,605 | €3,605 | = | 0.0% |
| Taxes | 450/3 | €3,605 | €3,605 | = | 0.0% |
| Other amounts payable | 47/48 | €2,611 | €8,099 | +€5,488 | +210.2% |
| Other operating charges | 640/8 | €109 | €141 | +€32 | +28.9% |
| Gross operating margin | 9900 | €247 | €7,030 | +€6,783 | +2745.5% |
| Operating profit (loss) | 9901 | €138 | €6,890 | +€6,752 | +4890.3% |
| Profit (loss) for the period before taxes | 9903 | €138 | €6,890 | +€6,752 | +4890.3% |
| Profit (loss) for the period | 9904 | €138 | €6,890 | +€6,752 | +4890.3% |
| Profit (loss) for the period to be appropriated | 9905 | €138 | €6,890 | +€6,752 | +4890.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.