M & M - 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.
M & M - CARE
Largest movements
- Tangible fixed assets +€16,105
up €16,105 (+151%), from €10,678 to €26,783
of which Land and buildings: +€9,217
- Cash -€8,757
down €8,757 (-30.2%), from €28,955 to €20,198
mainly Contributions, distributions and other (-€20,752) and Investment in fixed assets (net) (-€20,675)
- Deferred charges and accrued income -€4,253
no longer reported in 2025 (was €4,253)
- Receivables within one year -€2,446
down €2,446 (-4.3%), from €56,540 to €54,095
of which Other amounts receivable: -€2,386
- Reserves +€3,023
up €3,023 (+3.6%), from €83,632 to €86,655
- Tax, wage and social debts -€2,319
down €2,319 (-28.8%), from €8,059 to €5,740
- Gross operating margin -€4,878
down €4,878 (-10.8%), from €45,328 to €40,450
- Depreciation +€2,902
up €2,902 (+174%), from €1,669 to €4,570
- Taxes -€2,319
down €2,319 (-15.2%), from €15,209 to €12,890
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 | €101,326 | €101,976 | +€649 | +0.6% |
| Fixed assets | 21/28 | €11,578 | €27,683 | +€16,105 | +139% |
| Tangible fixed assets | 22/27 | €10,678 | €26,783 | +€16,105 | +151% |
| Land and buildings | 22 | - | €9,217 | +€9,217 | |
| Plant, machinery and equipment | 23 | €6,103 | €5,258 | -€846 | -13.9% |
| Furniture and vehicles | 24 | €4,575 | €12,308 | +€7,734 | +169% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €89,748 | €74,293 | -€15,455 | -17.2% |
| Amounts receivable within one year | 40/41 | €56,540 | €54,095 | -€2,446 | -4.3% |
| Trade receivables | 40 | €60 | - | -€60 | |
| Other amounts receivable | 41 | €56,480 | €54,095 | -€2,386 | -4.2% |
| Cash at bank and in hand | 54/58 | €28,955 | €20,198 | -€8,757 | -30.2% |
| Deferred charges and accrued income | 490/1 | €4,253 | - | -€4,253 | |
| Total equity and liabilities | 10/49 | €101,326 | €101,976 | +€649 | +0.6% |
| Equity | 10/15 | €89,832 | €92,855 | +€3,023 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,632 | €86,655 | +€3,023 | +3.6% |
| Distributable reserves | 133 | €83,632 | €86,655 | +€3,023 | +3.6% |
| Amounts payable | 17/49 | €11,495 | €9,121 | -€2,374 | -20.7% |
| Amounts payable within one year | 42/48 | €11,495 | €9,121 | -€2,374 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €3,435 | €3,381 | -€55 | -1.6% |
| Taxes, remuneration and social security | 45 | €8,059 | €5,740 | -€2,319 | -28.8% |
| Taxes | 450/3 | €8,059 | €5,740 | -€2,319 | -28.8% |
| Remuneration, social security and pensions | 62 | €1,748 | €1,741 | -€7 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,669 | €4,570 | +€2,902 | +174% |
| Other operating charges | 640/8 | €295 | €162 | -€133 | -45.1% |
| Gross operating margin | 9900 | €45,328 | €40,450 | -€4,878 | -10.8% |
| Operating profit (loss) | 9901 | €41,616 | €33,976 | -€7,640 | -18.4% |
| Financial income | 75/76B | €2,835 | €2,996 | +€161 | +5.7% |
| Recurring financial income | 75 | €2,835 | €2,996 | +€161 | +5.7% |
| Financial charges | 65/66B | €236 | €307 | +€71 | +30.1% |
| Recurring financial charges | 65 | €236 | €307 | +€71 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €44,215 | €36,666 | -€7,550 | -17.1% |
| Income taxes | 67/77 | €15,209 | €12,890 | -€2,319 | -15.2% |
| Profit (loss) for the period | 9904 | €29,006 | €23,775 | -€5,231 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,006 | €23,775 | -€5,231 | -18.0% |
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 31 October 2026 via checked.be.