M&Y FACILITY: what changed
M&Y FACILITY
Largest movements
- Receivables within one year -€116,954
down €116,954 (-82.2%), from €142,355 to €25,401
of which Trade receivables: -€125,735
- Cash +€68,637
up €68,637 (+75.2%), from €91,293 to €159,930
mainly Receivables within one year (+€116,954) and Other debts (+€11,278)
- Deferred charges and accrued income -€2,600
down €2,600 (-50.3%), from €5,169 to €2,569
- Profit (loss) carried forward -€26,669
new in 2025: -€26,669
- Trade debts -€20,436
down €20,436 (-51.0%), from €40,037 to €19,602
- Tax, wage and social debts -€14,534
down €14,534 (-38.7%), from €37,584 to €23,050
of which Taxes: -€15,886
- Other debts +€11,278
up €11,278 (+42.4%), from €26,581 to €37,859
- Gross operating margin -€111,153
down €111,153, from €102,500 to -€8,653
- Taxes -€24,499
no longer reported in 2025 (was €24,499)
- Staff costs -€4,886
down €4,886 (-27.3%), from €17,915 to €13,029
- Depreciation +€2,265
up €2,265 (+122%), from €1,853 to €4,119
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250,100 | €199,740 | -€50,360 | -20.1% |
| Fixed assets | 21/28 | €11,283 | €11,840 | +€557 | +4.9% |
| Tangible fixed assets | 22/27 | €11,283 | €11,840 | +€557 | +4.9% |
| Plant, machinery and equipment | 23 | €11,283 | €8,409 | -€2,874 | -25.5% |
| Furniture and vehicles | 24 | - | €3,430 | +€3,430 | |
| Current assets | 29/58 | €238,817 | €187,900 | -€50,917 | -21.3% |
| Amounts receivable within one year | 40/41 | €142,355 | €25,401 | -€116,954 | -82.2% |
| Trade receivables | 40 | €142,355 | €16,620 | -€125,735 | -88.3% |
| Other amounts receivable | 41 | - | €8,781 | +€8,781 | |
| Cash at bank and in hand | 54/58 | €91,293 | €159,930 | +€68,637 | +75.2% |
| Deferred charges and accrued income | 490/1 | €5,169 | €2,569 | -€2,600 | -50.3% |
| Total equity and liabilities | 10/49 | €250,100 | €199,740 | -€50,360 | -20.1% |
| Equity | 10/15 | €145,898 | €119,229 | -€26,669 | -18.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €137,898 | €137,898 | = | 0.0% |
| Distributable reserves | 133 | €137,898 | €137,898 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,669 | -€26,669 | |
| Amounts payable | 17/49 | €104,202 | €80,511 | -€23,691 | -22.7% |
| Amounts payable within one year | 42/48 | €104,202 | €80,511 | -€23,691 | -22.7% |
| Trade debts | 44 | €40,037 | €19,602 | -€20,436 | -51.0% |
| Suppliers | 440/4 | €40,037 | €19,602 | -€20,436 | -51.0% |
| Taxes, remuneration and social security | 45 | €37,584 | €23,050 | -€14,534 | -38.7% |
| Taxes | 450/3 | €35,072 | €19,186 | -€15,886 | -45.3% |
| Remuneration and social security | 454/9 | €2,512 | €3,864 | +€1,352 | +53.8% |
| Other amounts payable | 47/48 | €26,581 | €37,859 | +€11,278 | +42.4% |
| Remuneration, social security and pensions | 62 | €17,915 | €13,029 | -€4,886 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,853 | €4,119 | +€2,265 | +122% |
| Other operating charges | 640/8 | €825 | €1,281 | +€456 | +55.3% |
| Gross operating margin | 9900 | €102,500 | -€8,653 | -€111,153 | |
| Operating profit (loss) | 9901 | €81,906 | -€27,082 | -€108,988 | |
| Financial income | 75/76B | €238 | €665 | +€428 | +180% |
| Recurring financial income | 75 | €238 | €665 | +€428 | +180% |
| Financial charges | 65/66B | €246 | €253 | +€7 | +2.8% |
| Recurring financial charges | 65 | €246 | €253 | +€7 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €81,898 | -€26,669 | -€108,567 | |
| Income taxes | 67/77 | €24,499 | - | -€24,499 | |
| Profit (loss) for the period | 9904 | €57,399 | -€26,669 | -€84,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,399 | -€26,669 | -€84,068 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.