M&Y Technics: 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&Y Technics
Largest movements
- Tangible fixed assets -€8,889
no longer reported in 2025 (was €8,889)
- Receivables within one year -€2,959
down €2,959 (-27.1%), from €10,930 to €7,971
of which Other amounts receivable: -€2,774
- Cash +€2,234
up €2,234 (+56.2%), from €3,972 to €6,206
mainly Investment in fixed assets (net) (+€8,889) and Receivables within one year (+€2,959)
- Trade debts -€6,360
down €6,360 (-96.8%), from €6,569 to €209
- Tax, wage and social debts -€3,474
no longer reported in 2025 (was €3,474)
of which Taxes: -€2,850
- Profit (loss) carried forward +€288
up €288 (+2.8%), from €10,180 to €10,468
- Gross operating margin -€23,959
down €23,959 (-70.6%), from €33,952 to €9,993
- Staff costs -€11,745
down €11,745 (-72.1%), from €16,278 to €4,534
- Financial charges -€7,003
down €7,003 (-90.2%), from €7,764 to €761
- Depreciation -€5,333
no longer reported in 2025 (was €5,333)
- Other operating charges -€2,896
no longer reported in 2025 (was €2,896)
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.
Cash bridge derived
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 | €23,791 | €14,177 | -€9,614 | -40.4% |
| Fixed assets | 21/28 | €8,889 | - | -€8,889 | |
| Tangible fixed assets | 22/27 | €8,889 | - | -€8,889 | |
| Furniture and vehicles | 24 | €8,889 | - | -€8,889 | |
| Current assets | 29/58 | €14,902 | €14,177 | -€725 | -4.9% |
| Amounts receivable within one year | 40/41 | €10,930 | €7,971 | -€2,959 | -27.1% |
| Trade receivables | 40 | €7,252 | €7,067 | -€185 | -2.5% |
| Other amounts receivable | 41 | €3,678 | €904 | -€2,774 | -75.4% |
| Cash at bank and in hand | 54/58 | €3,972 | €6,206 | +€2,234 | +56.2% |
| Total equity and liabilities | 10/49 | €23,791 | €14,177 | -€9,614 | -40.4% |
| Equity | 10/15 | €13,680 | €13,968 | +€288 | +2.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,180 | €10,468 | +€288 | +2.8% |
| Amounts payable | 17/49 | €10,112 | €209 | -€9,902 | -97.9% |
| Amounts payable within one year | 42/48 | €10,112 | €209 | -€9,902 | -97.9% |
| Trade debts | 44 | €6,569 | €209 | -€6,360 | -96.8% |
| Suppliers | 440/4 | €6,569 | €209 | -€6,360 | -96.8% |
| Taxes, remuneration and social security | 45 | €3,474 | - | -€3,474 | |
| Taxes | 450/3 | €2,850 | - | -€2,850 | |
| Remuneration and social security | 454/9 | €624 | - | -€624 | |
| Other amounts payable | 47/48 | €69 | - | -€69 | |
| Remuneration, social security and pensions | 62 | €16,278 | €4,534 | -€11,745 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,333 | - | -€5,333 | |
| Other operating charges | 640/8 | €2,896 | - | -€2,896 | |
| Non-recurring operating charges | 66A | - | €6,410 | +€6,410 | |
| Gross operating margin | 9900 | €33,952 | €9,993 | -€23,959 | -70.6% |
| Operating profit (loss) | 9901 | €9,445 | -€950 | -€10,394 | |
| Financial income | 75/76B | €16 | €2,321 | +€2,305 | +14404.2% |
| Recurring financial income | 75 | €16 | €2,321 | +€2,305 | +14404.2% |
| Financial charges | 65/66B | €7,764 | €761 | -€7,003 | -90.2% |
| Recurring financial charges | 65 | €7,764 | €761 | -€7,003 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €1,697 | €610 | -€1,087 | -64.0% |
| Income taxes | 67/77 | €1,164 | €322 | -€842 | -72.3% |
| Profit (loss) for the period | 9904 | €533 | €288 | -€245 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €533 | €288 | -€245 | -45.9% |
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 12 October 2026 via checked.be.