M&P HOME: 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&P HOME
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€104,484
up €104,484 (+15.3%), from €684,098 to €788,582
- Profit (loss) carried forward -€81,929
down €81,929 (-33.1%), from €247,332 to €165,403
- Trade debts -€10,544
down €10,544 (-73.8%), from €14,292 to €3,748
- Gross operating margin -€134,104
down €134,104, from €98,572 to -€35,533
- Financial charges -€53,164
down €53,164 (-99.2%), from €53,566 to €403
- Taxes -€3,222
down €3,222 (-93.9%), from €3,431 to €210
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 | €1,016,018 | €1,027,120 | +€11,102 | +1.1% |
| Fixed assets | 21/28 | €838,666 | €842,319 | +€3,653 | +0.4% |
| Tangible fixed assets | 22/27 | €838,666 | €842,319 | +€3,653 | +0.4% |
| Land and buildings | 22 | €837,243 | €841,665 | +€4,422 | +0.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,423 | €654 | -€769 | -54.0% |
| Current assets | 29/58 | €177,352 | €184,801 | +€7,449 | +4.2% |
| Amounts receivable within one year | 40/41 | €175,688 | €175,534 | -€155 | -0.1% |
| Trade receivables | 40 | €15,836 | €15,487 | -€348 | -2.2% |
| Other amounts receivable | 41 | €159,853 | €160,046 | +€194 | +0.1% |
| Cash at bank and in hand | 54/58 | €1,350 | €9,268 | +€7,917 | +586% |
| Deferred charges and accrued income | 490/1 | €314 | €0 | -€314 | -100% |
| Total equity and liabilities | 10/49 | €1,016,018 | €1,027,120 | +€11,102 | +1.1% |
| Equity | 10/15 | €301,410 | €219,480 | -€81,929 | -27.2% |
| Contributions | 10/11 | €18,730 | €18,730 | = | 0.0% |
| Reserves | 13 | €35,347 | €35,347 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,347 | €35,347 | = | 0.0% |
| Other | 1319 | €35,347 | €35,347 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €247,332 | €165,403 | -€81,929 | -33.1% |
| Amounts payable | 17/49 | €714,608 | €807,640 | +€93,032 | +13.0% |
| Amounts payable within one year | 42/48 | €699,773 | €792,805 | +€93,032 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €14,292 | €3,748 | -€10,544 | -73.8% |
| Suppliers | 440/4 | €14,292 | €3,748 | -€10,544 | -73.8% |
| Taxes, remuneration and social security | 45 | €1,382 | €474 | -€908 | -65.7% |
| Taxes | 450/3 | €1,382 | €474 | -€908 | -65.7% |
| Other amounts payable | 47/48 | €684,098 | €788,582 | +€104,484 | +15.3% |
| Accrued charges and deferred income | 492/3 | €14,835 | €14,835 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,198 | €38,739 | +€541 | +1.4% |
| Other operating charges | 640/8 | €6,781 | €7,046 | +€265 | +3.9% |
| Gross operating margin | 9900 | €98,572 | -€35,533 | -€134,104 | |
| Operating profit (loss) | 9901 | €53,592 | -€81,318 | -€134,910 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -40.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -40.4% |
| Financial charges | 65/66B | €53,566 | €403 | -€53,164 | -99.2% |
| Recurring financial charges | 65 | €53,566 | €403 | -€53,164 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €27 | -€81,720 | -€81,747 | |
| Income taxes | 67/77 | €3,431 | €210 | -€3,222 | -93.9% |
| Profit (loss) for the period | 9904 | -€3,404 | -€81,929 | -€78,525 | -2,307% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,404 | -€81,929 | -€78,525 | -2,307% |
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 25 October 2026 via checked.be.