M.POP CLEAN: 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.POP CLEAN
Largest movements
- Cash -€117,690
down €117,690 (-95.9%), from €122,734 to €5,044
mainly Debts after one year (-€51,923) and Net result for the year (-€43,237)
- Tangible fixed assets -€54,179
down €54,179 (-6.9%), from €784,635 to €730,456
of which Land and buildings: -€33,264
- Receivables within one year +€30,733
up €30,733 (+16.8%), from €182,667 to €213,400
of which Other amounts receivable: +€37,619
- Debts after one year -€51,923
down €51,923 (-23.3%), from €223,159 to €171,236
- Profit (loss) carried forward -€43,237
down €43,237, from €9,332 to -€33,906
- Trade debts -€24,473
down €24,473 (-41.3%), from €59,298 to €34,825
- Current portion of long-term debt -€14,350
down €14,350 (-24.4%), from €58,779 to €44,429
- Tax, wage and social debts -€13,333
down €13,333 (-99.3%), from €13,426 to €93
of which Taxes: -€11,440
- Gross operating margin -€889,443
down €889,443 (-98.8%), from €900,524 to €11,082
- Taxes -€230,297
no longer reported in 2025 (was €230,297)
- Staff costs -€67,029
down €67,029, from €65,136 to -€1,893
- Depreciation -€23,916
down €23,916 (-27.6%), from €86,636 to €62,720
- Financial charges -€13,409
down €13,409 (-95.3%), from €14,068 to €660
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 | €1,180,728 | €1,033,362 | -€147,366 | -12.5% |
| Fixed assets | 21/28 | €784,793 | €730,614 | -€54,179 | -6.9% |
| Tangible fixed assets | 22/27 | €784,635 | €730,456 | -€54,179 | -6.9% |
| Land and buildings | 22 | €674,214 | €640,950 | -€33,264 | -4.9% |
| Plant, machinery and equipment | 23 | €874 | €484 | -€390 | -44.6% |
| Furniture and vehicles | 24 | €109,547 | €89,021 | -€20,525 | -18.7% |
| Financial fixed assets | 28 | €158 | €158 | = | 0.0% |
| Current assets | 29/58 | €395,935 | €302,748 | -€93,187 | -23.5% |
| Amounts receivable after more than one year | 29 | €89,500 | €83,500 | -€6,000 | -6.7% |
| Other amounts receivable | 291 | €89,500 | €83,500 | -€6,000 | -6.7% |
| Amounts receivable within one year | 40/41 | €182,667 | €213,400 | +€30,733 | +16.8% |
| Trade receivables | 40 | €29,301 | €22,415 | -€6,886 | -23.5% |
| Other amounts receivable | 41 | €153,365 | €190,984 | +€37,619 | +24.5% |
| Cash at bank and in hand | 54/58 | €122,734 | €5,044 | -€117,690 | -95.9% |
| Deferred charges and accrued income | 490/1 | €1,034 | €805 | -€229 | -22.2% |
| Total equity and liabilities | 10/49 | €1,180,728 | €1,033,362 | -€147,366 | -12.5% |
| Equity | 10/15 | €826,016 | €782,779 | -€43,237 | -5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €810,485 | €810,485 | = | 0.0% |
| Distributable reserves | 133 | €810,485 | €810,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,332 | -€33,906 | -€43,237 | |
| Amounts payable | 17/49 | €354,712 | €250,583 | -€104,129 | -29.4% |
| Amounts payable after more than one year | 17 | €223,159 | €171,236 | -€51,923 | -23.3% |
| Financial debts | 170/4 | €223,159 | €171,236 | -€51,923 | -23.3% |
| Amounts payable within one year | 42/48 | €131,553 | €79,347 | -€52,206 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €58,779 | €44,429 | -€14,350 | -24.4% |
| Trade debts | 44 | €59,298 | €34,825 | -€24,473 | -41.3% |
| Suppliers | 440/4 | €59,298 | €34,825 | -€24,473 | -41.3% |
| Advances received on contracts in progress | 46 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €13,426 | €93 | -€13,333 | -99.3% |
| Taxes | 450/3 | €11,533 | €93 | -€11,440 | -99.2% |
| Remuneration and social security | 454/9 | €1,893 | - | -€1,893 | |
| Non-recurring operating income | 76A | €3,724 | €32,066 | +€28,342 | +761% |
| Remuneration, social security and pensions | 62 | €65,136 | -€1,893 | -€67,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,636 | €62,720 | -€23,916 | -27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,380 | - | -€5,380 | |
| Other operating charges | 640/8 | €8,548 | €5,144 | -€3,404 | -39.8% |
| Non-recurring operating charges | 66A | €3,576 | - | -€3,576 | |
| Gross operating margin | 9900 | €900,524 | €11,082 | -€889,443 | -98.8% |
| Operating profit (loss) | 9901 | €731,248 | -€54,889 | -€786,138 | |
| Financial income | 75/76B | €12,635 | €12,311 | -€324 | -2.6% |
| Recurring financial income | 75 | €12,635 | €12,311 | -€324 | -2.6% |
| Financial charges | 65/66B | €14,068 | €660 | -€13,409 | -95.3% |
| Recurring financial charges | 65 | €14,068 | €660 | -€13,409 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €729,815 | -€43,237 | -€773,053 | |
| Income taxes | 67/77 | €230,297 | - | -€230,297 | |
| Profit (loss) for the period | 9904 | €499,518 | -€43,237 | -€542,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €499,518 | -€43,237 | -€542,756 |
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 19 October 2026 via checked.be.