M-Mobility: 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-Mobility
Largest movements
- Stocks and contracts +€122,785
up €122,785 (+33.8%), from €363,024 to €485,809
of which Stocks: +€72,312
- Cash +€81,544
up €81,544 (+75.7%), from €107,791 to €189,336
mainly Other debts (+€327,156) and Short-term financial debts (+€105,418)
- Receivables within one year -€26,314
down €26,314 (-18.2%), from €144,776 to €118,463
of which Other amounts receivable: -€14,241
- Trade debts -€383,121
down €383,121 (-75.0%), from €510,554 to €127,433
- Other debts +€327,156
up €327,156 (+934.7%), from €35,000 to €362,156
- Short-term financial debts +€105,418
new in 2025: €105,418
- Reserves +€47,237
up €47,237 (+118.1%), from €40,000 to €87,237
- Advances received +€46,627
up €46,627 (+1542.7%), from €3,023 to €49,649
- Gross operating margin +€242,425
up €242,425 (+145.2%), from €166,929 to €409,355
- Staff costs +€227,754
up €227,754 (+554.5%), from €41,070 to €268,824
- Depreciation +€10,144
up €10,144 (+186.6%), from €5,437 to €15,580
- Financial charges +€5,912
up €5,912 (+202.0%), from €2,926 to €8,838
- Other operating charges +€5,438
up €5,438 (+805.7%), from €675 to €6,113
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.
Cash bridge derived
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 | €678,256 | €862,447 | +€184,191 | +27.2% |
| Fixed assets | 21/28 | €58,425 | €60,618 | +€2,193 | +3.8% |
| Intangible fixed assets | 21 | €12,617 | €9,845 | -€2,772 | -22.0% |
| Tangible fixed assets | 22/27 | €45,808 | €50,773 | +€4,965 | +10.8% |
| Plant, machinery and equipment | 23 | €45,808 | €37,358 | -€8,449 | -18.4% |
| Furniture and vehicles | 24 | - | €13,415 | +€13,415 | |
| Current assets | 29/58 | €619,831 | €801,829 | +€181,998 | +29.4% |
| Stocks and contracts in progress | 3 | €363,024 | €485,809 | +€122,785 | +33.8% |
| Stocks | 30/36 | €326,734 | €399,046 | +€72,312 | +22.1% |
| Contracts in progress | 37 | €36,290 | €86,763 | +€50,473 | +139.1% |
| Amounts receivable within one year | 40/41 | €144,776 | €118,463 | -€26,314 | -18.2% |
| Trade receivables | 40 | €130,535 | €118,463 | -€12,072 | -9.2% |
| Other amounts receivable | 41 | €14,241 | €0 | -€14,241 | -100.0% |
| Cash at bank and in hand | 54/58 | €107,791 | €189,336 | +€81,544 | +75.7% |
| Deferred charges and accrued income | 490/1 | €4,239 | €8,222 | +€3,983 | +94.0% |
| Total equity and liabilities | 10/49 | €678,256 | €862,447 | +€184,191 | +27.2% |
| Equity | 10/15 | €82,312 | €129,550 | +€47,237 | +57.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €87,237 | +€47,237 | +118.1% |
| Distributable reserves | 133 | €40,000 | €87,237 | +€47,237 | +118.1% |
| Profit (loss) carried forward | 14 | €17,312 | €17,312 | = | 0.0% |
| Amounts payable | 17/49 | €595,943 | €732,897 | +€136,954 | +23.0% |
| Amounts payable within one year | 42/48 | €595,943 | €727,309 | +€131,366 | +22.0% |
| Financial debts | 43 | - | €105,418 | +€105,418 | |
| Credit institutions | 430/8 | - | €105,418 | +€105,418 | |
| Trade debts | 44 | €510,554 | €127,433 | -€383,121 | -75.0% |
| Suppliers | 440/4 | €510,554 | €127,433 | -€383,121 | -75.0% |
| Advances received on contracts in progress | 46 | €3,023 | €49,649 | +€46,627 | +1542.7% |
| Taxes, remuneration and social security | 45 | €47,367 | €82,652 | +€35,286 | +74.5% |
| Taxes | 450/3 | €28,257 | €43,747 | +€15,490 | +54.8% |
| Remuneration and social security | 454/9 | €19,110 | €38,905 | +€19,795 | +103.6% |
| Other amounts payable | 47/48 | €35,000 | €362,156 | +€327,156 | +934.7% |
| Accrued charges and deferred income | 492/3 | - | €5,588 | +€5,588 | |
| Remuneration, social security and pensions | 62 | €41,070 | €268,824 | +€227,754 | +554.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,437 | €15,580 | +€10,144 | +186.6% |
| Other operating charges | 640/8 | €675 | €6,113 | +€5,438 | +805.7% |
| Gross operating margin | 9900 | €166,929 | €409,355 | +€242,425 | +145.2% |
| Operating profit (loss) | 9901 | €119,747 | €118,837 | -€910 | -0.8% |
| Financial income | 75/76B | €162 | €2,892 | +€2,729 | +1683.0% |
| Recurring financial income | 75 | €162 | €2,892 | +€2,729 | +1683.0% |
| Financial charges | 65/66B | €2,926 | €8,838 | +€5,912 | +202.0% |
| Recurring financial charges | 65 | €2,926 | €8,838 | +€5,912 | +202.0% |
| Profit (loss) for the period before taxes | 9903 | €116,984 | €112,891 | -€4,092 | -3.5% |
| Income taxes | 67/77 | €24,671 | €25,051 | +€379 | +1.5% |
| Profit (loss) for the period | 9904 | €92,312 | €87,841 | -€4,472 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,312 | €87,841 | -€4,472 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.