M Mobility: 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 Mobility
Largest movements
- Tangible fixed assets -€1.3m
down €1.3m (-97.3%), from €1.3m to €35,689
- Receivables within one year +€833,443
up €833,443 (+257.8%), from €323,249 to €1.2m
of which Other amounts receivable: +€851,058
- Cash -€213,198
no longer reported in 2025 (was €213,198)
mainly Debts after one year (-€865,542) and Receivables within one year (-€833,443)
- Deferred charges and accrued income -€22,482
down €22,482 (-57.2%), from €39,287 to €16,805
- Debts after one year -€865,542
no longer reported in 2025 (was €865,542)
- Profit (loss) carried forward +€95,583
up €95,583 (+60.3%), from €158,453 to €254,037
- Reserves +€63,150
up €63,150 (+105.3%), from €60,000 to €123,150
of which Tax-exempt reserves: +€63,150
- Tax, wage and social debts -€37,841
down €37,841 (-77.6%), from €48,780 to €10,939
- Trade debts +€26,805
up €26,805 (+19.3%), from €139,108 to €165,913
- Goods and materials +€679,557
up €679,557 (+85.8%), from €791,814 to €1.5m
- Turnover +€589,862
up €589,862 (+34.8%), from €1.7m to €2.3m
- Depreciation -€259,200
down €259,200 (-96.5%), from €268,550 to €9,350
- Other operating income -€146,661
no longer reported in 2025 (was €146,661)
- Financial charges +€109,627
up €109,627 (+30.1%), from €363,995 to €473,623
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 | €1,902,480 | €1,211,025 | -€691,455 | -36.3% |
| Fixed assets | 21/28 | €1,326,747 | €37,528 | -€1.3m | -97.2% |
| Intangible fixed assets | 21 | €1,996 | €1,840 | -€157 | -7.9% |
| Tangible fixed assets | 22/27 | €1,324,750 | €35,689 | -€1.3m | -97.3% |
| Furniture and vehicles | 24 | €1,324,750 | €35,689 | -€1.3m | -97.3% |
| Current assets | 29/58 | €575,733 | €1,173,496 | +€597,763 | +103.8% |
| Amounts receivable within one year | 40/41 | €323,249 | €1,156,692 | +€833,443 | +257.8% |
| Trade receivables | 40 | €323,249 | €305,634 | -€17,615 | -5.4% |
| Other amounts receivable | 41 | - | €851,058 | +€851,058 | |
| Cash at bank and in hand | 54/58 | €213,198 | - | -€213,198 | |
| Deferred charges and accrued income | 490/1 | €39,287 | €16,805 | -€22,482 | -57.2% |
| Total equity and liabilities | 10/49 | €1,902,480 | €1,211,025 | -€691,455 | -36.3% |
| Equity | 10/15 | €818,453 | €977,187 | +€158,733 | +19.4% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €123,150 | +€63,150 | +105.3% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €63,150 | +€63,150 | |
| Profit (loss) carried forward | 14 | €158,453 | €254,037 | +€95,583 | +60.3% |
| Amounts payable | 17/49 | €1,084,027 | €233,838 | -€850,189 | -78.4% |
| Amounts payable after more than one year | 17 | €865,542 | - | -€865,542 | |
| Financial debts | 170/4 | €865,542 | - | -€865,542 | |
| Other loans | 174 | €865,542 | - | -€865,542 | |
| Amounts payable within one year | 42/48 | €187,889 | €202,375 | +€14,486 | +7.7% |
| Trade debts | 44 | €139,108 | €165,913 | +€26,805 | +19.3% |
| Suppliers | 440/4 | €139,108 | €165,913 | +€26,805 | +19.3% |
| Taxes, remuneration and social security | 45 | €48,780 | €10,939 | -€37,841 | -77.6% |
| Taxes | 450/3 | €48,780 | €10,939 | -€37,841 | -77.6% |
| Other amounts payable | 47/48 | - | €25,523 | +€25,523 | |
| Accrued charges and deferred income | 492/3 | €30,597 | €31,463 | +€866 | +2.8% |
| Operating income | 70/76A | €1,840,115 | €2,283,315 | +€443,200 | +24.1% |
| Turnover | 70 | €1,693,454 | €2,283,315 | +€589,862 | +34.8% |
| Other operating income | 74 | €146,661 | - | -€146,661 | |
| Operating charges | 60/66A | €1,243,554 | €1,598,960 | +€355,406 | +28.6% |
| Goods for resale, raw materials and consumables | 60 | €791,814 | €1,471,372 | +€679,557 | +85.8% |
| Purchases | 600/8 | €791,814 | €1,471,372 | +€679,557 | +85.8% |
| Services and other goods | 61 | €45,883 | €45,940 | +€57 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,550 | €9,350 | -€259,200 | -96.5% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +157.8% |
| Non-recurring operating charges | 66A | €136,920 | €71,300 | -€65,620 | -47.9% |
| Operating profit (loss) | 9901 | €596,561 | €684,355 | +€87,794 | +14.7% |
| Financial income | 75/76B | €47 | €1 | -€46 | -97.9% |
| Recurring financial income | 75 | €47 | €1 | -€46 | -97.9% |
| Other financial income | 752/9 | €47 | €1 | -€46 | -97.9% |
| Financial charges | 65/66B | €363,995 | €473,623 | +€109,627 | +30.1% |
| Recurring financial charges | 65 | €363,995 | €473,623 | +€109,627 | +30.1% |
| Debt charges | 650 | €363,799 | €473,040 | +€109,241 | +30.0% |
| Other financial charges | 652/9 | €197 | €583 | +€386 | +196.4% |
| Profit (loss) for the period before taxes | 9903 | €232,612 | €210,733 | -€21,879 | -9.4% |
| Income taxes | 67/77 | €72,880 | €52,000 | -€20,880 | -28.7% |
| Taxes | 670/3 | €72,880 | €52,000 | -€20,880 | -28.7% |
| Profit (loss) for the period | 9904 | €159,732 | €158,733 | -€998 | -0.6% |
| Transfer to tax-exempt reserves | 689 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €159,732 | €95,583 | -€64,148 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.