M-repair: 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-repair
Largest movements
- Tangible fixed assets -€7,230
down €7,230 (-39.2%), from €18,435 to €11,205
of which Plant, machinery and equipment: -€4,943
- Receivables within one year -€6,328
down €6,328 (-72.1%), from €8,782 to €2,455
of which Trade receivables: -€6,241
- Cash -€681
down €681 (-9.4%), from €7,224 to €6,544
mainly Net result for the year (-€12,130) and Tax, wage and social debts (-€2,616)
- Deferred charges and accrued income +€668
up €668 (+207%), from €322 to €990
- Profit (loss) carried forward -€12,130
new in 2025: -€12,130
- Tax, wage and social debts -€2,616
down €2,616 (-99.6%), from €2,627 to €11
- Trade debts +€942
up €942 (+360%), from €261 to €1,203
- Gross operating margin -€29,067
down €29,067, from €24,743 to -€4,324
- Taxes -€4,127
no longer reported in 2025 (was €4,127)
- Depreciation +€3,976
up €3,976 (+122%), from €3,254 to €7,230
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 | €34,764 | €21,194 | -€13,570 | -39.0% |
| Fixed assets | 21/28 | €18,435 | €11,205 | -€7,230 | -39.2% |
| Tangible fixed assets | 22/27 | €18,435 | €11,205 | -€7,230 | -39.2% |
| Plant, machinery and equipment | 23 | €12,717 | €7,775 | -€4,943 | -38.9% |
| Furniture and vehicles | 24 | €5,718 | €3,431 | -€2,287 | -40.0% |
| Current assets | 29/58 | €16,329 | €9,988 | -€6,340 | -38.8% |
| Amounts receivable within one year | 40/41 | €8,782 | €2,455 | -€6,328 | -72.1% |
| Trade receivables | 40 | €7,757 | €1,516 | -€6,241 | -80.5% |
| Other amounts receivable | 41 | €1,026 | €938 | -€87 | -8.5% |
| Cash at bank and in hand | 54/58 | €7,224 | €6,544 | -€681 | -9.4% |
| Deferred charges and accrued income | 490/1 | €322 | €990 | +€668 | +207% |
| Total equity and liabilities | 10/49 | €34,764 | €21,194 | -€13,570 | -39.0% |
| Equity | 10/15 | €18,110 | €5,980 | -€12,130 | -67.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,110 | €17,110 | = | 0.0% |
| Distributable reserves | 133 | €17,110 | €17,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,130 | -€12,130 | |
| Amounts payable | 17/49 | €16,653 | €15,214 | -€1,440 | -8.6% |
| Amounts payable within one year | 42/48 | €16,653 | €15,214 | -€1,440 | -8.6% |
| Trade debts | 44 | €261 | €1,203 | +€942 | +360% |
| Suppliers | 440/4 | €261 | €1,203 | +€942 | +360% |
| Taxes, remuneration and social security | 45 | €2,627 | €11 | -€2,616 | -99.6% |
| Taxes | 450/3 | €2,627 | €11 | -€2,616 | -99.6% |
| Other amounts payable | 47/48 | €13,765 | €14,000 | +€235 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,254 | €7,230 | +€3,976 | +122% |
| Other operating charges | 640/8 | €193 | €436 | +€243 | +126% |
| Gross operating margin | 9900 | €24,743 | -€4,324 | -€29,067 | |
| Operating profit (loss) | 9901 | €21,296 | -€11,989 | -€33,285 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -61.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -61.5% |
| Financial charges | 65/66B | €58 | €141 | +€83 | +141% |
| Recurring financial charges | 65 | €58 | €141 | +€83 | +141% |
| Profit (loss) for the period before taxes | 9903 | €21,237 | -€12,130 | -€33,368 | |
| Income taxes | 67/77 | €4,127 | - | -€4,127 | |
| Profit (loss) for the period | 9904 | €17,110 | -€12,130 | -€29,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,110 | -€12,130 | -€29,241 |
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 17 October 2026 via checked.be.