M+M Beheer: 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+M Beheer
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+24,654%), from €4,379 to €1.1m
of which Land and buildings: +€1.1m
- Contributions +€1.2m
up €1.2m (+124,900%), from €1,000 to €1.3m
- Profit (loss) carried forward -€181,411
down €181,411 (-3,018%), from -€6,011 to -€187,422
- Depreciation +€162,070
up €162,070 (+31,664%), from €512 to €162,582
- Gross operating margin -€9,797
down €9,797 (-179%), from -€5,478 to -€15,275
- Other operating charges +€3,515
new in 2025: €3,515
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 | €5,403 | €1,084,454 | +€1.1m | +19,971% |
| Fixed assets | 21/28 | €4,379 | €1,083,951 | +€1.1m | +24,654% |
| Tangible fixed assets | 22/27 | €4,379 | €1,083,951 | +€1.1m | +24,654% |
| Land and buildings | 22 | - | €1,070,667 | +€1.1m | |
| Plant, machinery and equipment | 23 | €4,379 | €10,651 | +€6,272 | +143% |
| Furniture and vehicles | 24 | - | €2,634 | +€2,634 | |
| Current assets | 29/58 | €1,024 | €503 | -€521 | -50.8% |
| Amounts receivable within one year | 40/41 | €995 | €59 | -€936 | -94.1% |
| Other amounts receivable | 41 | €995 | €59 | -€936 | -94.1% |
| Cash at bank and in hand | 54/58 | €30 | €445 | +€415 | +1,402% |
| Total equity and liabilities | 10/49 | €5,403 | €1,084,454 | +€1.1m | +19,971% |
| Equity | 10/15 | -€5,011 | €1,062,578 | +€1.1m | |
| Contributions | 10/11 | €1,000 | €1,250,000 | +€1.2m | +124,900% |
| Profit (loss) carried forward | 14 | -€6,011 | -€187,422 | -€181,411 | -3,018% |
| Amounts payable | 17/49 | €10,415 | €21,876 | +€11,462 | +110% |
| Amounts payable within one year | 42/48 | €10,415 | €21,876 | +€11,462 | +110% |
| Trade debts | 44 | €489 | €1,263 | +€774 | +158% |
| Suppliers | 440/4 | €489 | €1,263 | +€774 | +158% |
| Other amounts payable | 47/48 | €9,926 | €20,613 | +€10,688 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €162,582 | +€162,070 | +31,664% |
| Other operating charges | 640/8 | - | €3,515 | +€3,515 | |
| Gross operating margin | 9900 | -€5,478 | -€15,275 | -€9,797 | -179% |
| Operating profit (loss) | 9901 | -€5,990 | -€181,372 | -€175,382 | -2,928% |
| Financial charges | 65/66B | €21 | €38 | +€17 | +81.1% |
| Recurring financial charges | 65 | €21 | €38 | +€17 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,011 | -€181,411 | -€175,399 | -2,918% |
| Profit (loss) for the period | 9904 | -€6,011 | -€181,411 | -€175,399 | -2,918% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,011 | -€181,411 | -€175,399 | -2,918% |
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 20 October 2026 via checked.be.