M&P Outdoor: 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 Outdoor
Largest movements
- Tangible fixed assets -€11,200
down €11,200 (-46.6%), from €24,055 to €12,855
of which Furniture and vehicles: -€7,153
- Deferred charges and accrued income -€2,747
down €2,747 (-27.6%), from €9,951 to €7,204
- Receivables within one year -€1,818
down €1,818 (-3.9%), from €46,288 to €44,470
- Profit (loss) carried forward -€92,312
down €92,312 (-190%), from -€48,662 to -€140,974
- Current portion of long-term debt +€26,990
up €26,990 (+53.3%), from €50,631 to €77,621
- Trade debts +€21,913
up €21,913 (+81.6%), from €26,858 to €48,771
- Tax, wage and social debts +€20,541
up €20,541 (+223%), from €9,214 to €29,755
of which Taxes: +€21,947
- Other debts +€6,802
up €6,802 (+438%), from €1,554 to €8,356
- Gross operating margin -€46,330
down €46,330 (-41.5%), from €111,767 to €65,437
- Staff costs -€5,176
down €5,176 (-3.7%), from €141,788 to €136,612
- Financial charges +€1,834
up €1,834 (+26.8%), from €6,848 to €8,682
- Depreciation -€1,580
down €1,580 (-12.4%), from €12,780 to €11,200
- Other operating charges -€1,526
down €1,526 (-47.4%), from €3,221 to €1,695
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,595 | €79,529 | -€16,066 | -16.8% |
| Fixed assets | 21/28 | €24,055 | €12,855 | -€11,200 | -46.6% |
| Tangible fixed assets | 22/27 | €24,055 | €12,855 | -€11,200 | -46.6% |
| Plant, machinery and equipment | 23 | €7,685 | €3,846 | -€3,839 | -50.0% |
| Furniture and vehicles | 24 | €15,370 | €8,217 | -€7,153 | -46.5% |
| Other tangible fixed assets | 26 | €1,000 | €792 | -€208 | -20.8% |
| Current assets | 29/58 | €71,540 | €66,674 | -€4,866 | -6.8% |
| Stocks and contracts in progress | 3 | €15,301 | €15,000 | -€301 | -2.0% |
| Stocks | 30/36 | €2,801 | €2,500 | -€301 | -10.7% |
| Contracts in progress | 37 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,288 | €44,470 | -€1,818 | -3.9% |
| Trade receivables | 40 | €46,288 | €44,470 | -€1,818 | -3.9% |
| Deferred charges and accrued income | 490/1 | €9,951 | €7,204 | -€2,747 | -27.6% |
| Total equity and liabilities | 10/49 | €95,595 | €79,529 | -€16,066 | -16.8% |
| Equity | 10/15 | €7,338 | -€84,974 | -€92,312 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €52,000 | €52,000 | = | 0.0% |
| Distributable reserves | 133 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,662 | -€140,974 | -€92,312 | -190% |
| Amounts payable | 17/49 | €88,257 | €164,503 | +€76,246 | +86.4% |
| Amounts payable within one year | 42/48 | €88,257 | €164,503 | +€76,246 | +86.4% |
| Current portion of amounts payable after more than one year | 42 | €50,631 | €77,621 | +€26,990 | +53.3% |
| Trade debts | 44 | €26,858 | €48,771 | +€21,913 | +81.6% |
| Suppliers | 440/4 | €26,858 | €48,771 | +€21,913 | +81.6% |
| Taxes, remuneration and social security | 45 | €9,214 | €29,755 | +€20,541 | +223% |
| Taxes | 450/3 | €2,389 | €24,336 | +€21,947 | +919% |
| Remuneration and social security | 454/9 | €6,825 | €5,419 | -€1,406 | -20.6% |
| Other amounts payable | 47/48 | €1,554 | €8,356 | +€6,802 | +438% |
| Remuneration, social security and pensions | 62 | €141,788 | €136,612 | -€5,176 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,780 | €11,200 | -€1,580 | -12.4% |
| Other operating charges | 640/8 | €3,221 | €1,695 | -€1,526 | -47.4% |
| Gross operating margin | 9900 | €111,767 | €65,437 | -€46,330 | -41.5% |
| Operating profit (loss) | 9901 | -€46,022 | -€84,070 | -€38,048 | -82.7% |
| Financial income | 75/76B | €1,430 | €735 | -€695 | -48.6% |
| Recurring financial income | 75 | €1,430 | €735 | -€695 | -48.6% |
| Financial charges | 65/66B | €6,848 | €8,682 | +€1,834 | +26.8% |
| Recurring financial charges | 65 | €6,848 | €8,682 | +€1,834 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€51,440 | -€92,017 | -€40,577 | -78.9% |
| Income taxes | 67/77 | €405 | €295 | -€110 | -27.2% |
| Profit (loss) for the period | 9904 | -€51,845 | -€92,312 | -€40,467 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,845 | -€92,312 | -€40,467 | -78.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.