M100KV: what changed
Two fiscal 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.
M100KV
Largest movements
- Tangible fixed assets -€8,743
down €8,743 (-60.7%), from €14,392 to €5,649
of which Land and buildings: -€8,367
- Current investments +€1,622
up €1,622 (+5.0%), from €32,277 to €33,899
- Cash -€1,572
down €1,572 (-7.6%), from €20,807 to €19,235
mainly Net result for the year (-€10,270) and Current investments (-€1,622)
- Profit (loss) carried forward -€10,270
new in 2025: -€10,270
- Other debts +€1,164
up €1,164 (+470.0%), from €248 to €1,412
- Tax, wage and social debts -€692
down €692 (-89.7%), from €771 to €80
- Gross operating margin -€3,162
down €3,162 (-80.9%), from €3,908 to €746
- Depreciation -€956
down €956 (-9.9%), from €9,699 to €8,743
- Other operating charges -€168
down €168 (-6.5%), from €2,561 to €2,394
- Taxes -€162
down €162 (-36.6%), from €444 to €281
- Financial income +€125
up €125 (+19.3%), from €650 to €775
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 | €68,781 | €59,625 | -€9,156 | -13.3% |
| Fixed assets | 21/28 | €14,392 | €5,649 | -€8,743 | -60.7% |
| Tangible fixed assets | 22/27 | €14,392 | €5,649 | -€8,743 | -60.7% |
| Land and buildings | 22 | €14,016 | €5,649 | -€8,367 | -59.7% |
| Furniture and vehicles | 24 | €376 | €0 | -€376 | -100.0% |
| Current assets | 29/58 | €54,389 | €53,976 | -€413 | -0.8% |
| Amounts receivable within one year | 40/41 | €777 | €446 | -€332 | -42.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €777 | €446 | -€332 | -42.7% |
| Current investments | 50/53 | €32,277 | €33,899 | +€1,622 | +5.0% |
| Cash at bank and in hand | 54/58 | €20,807 | €19,235 | -€1,572 | -7.6% |
| Deferred charges and accrued income | 490/1 | €528 | €396 | -€132 | -24.9% |
| Total equity and liabilities | 10/49 | €68,781 | €59,625 | -€9,156 | -13.3% |
| Equity | 10/15 | €66,729 | €56,459 | -€10,270 | -15.4% |
| Contributions | 10/11 | €50,730 | €50,730 | = | 0.0% |
| Reserves | 13 | €15,999 | €15,999 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,073 | €5,073 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,073 | €5,073 | = | 0.0% |
| Distributable reserves | 133 | €10,926 | €10,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,270 | -€10,270 | |
| Amounts payable | 17/49 | €2,052 | €3,166 | +€1,114 | +54.3% |
| Amounts payable after more than one year | 17 | €595 | €595 | = | 0.0% |
| Other amounts payable | 178/9 | €595 | €595 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,457 | €2,571 | +€1,114 | +76.4% |
| Trade debts | 44 | €438 | €1,080 | +€641 | +146.4% |
| Suppliers | 440/4 | €438 | €1,080 | +€641 | +146.4% |
| Taxes, remuneration and social security | 45 | €771 | €80 | -€692 | -89.7% |
| Taxes | 450/3 | €771 | €80 | -€692 | -89.7% |
| Other amounts payable | 47/48 | €248 | €1,412 | +€1,164 | +470.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,699 | €8,743 | -€956 | -9.9% |
| Other operating charges | 640/8 | €2,561 | €2,394 | -€168 | -6.5% |
| Non-recurring operating charges | 66A | €323 | €0 | -€323 | -100.0% |
| Gross operating margin | 9900 | €3,908 | €746 | -€3,162 | -80.9% |
| Operating profit (loss) | 9901 | -€8,675 | -€10,391 | -€1,716 | -19.8% |
| Financial income | 75/76B | €650 | €775 | +€125 | +19.3% |
| Recurring financial income | 75 | €650 | €775 | +€125 | +19.3% |
| Financial charges | 65/66B | €353 | €373 | +€19 | +5.4% |
| Recurring financial charges | 65 | €353 | €373 | +€19 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,379 | -€9,989 | -€1,610 | -19.2% |
| Income taxes | 67/77 | €444 | €281 | -€162 | -36.6% |
| Profit (loss) for the period | 9904 | -€8,823 | -€10,270 | -€1,448 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,823 | -€10,270 | -€1,448 | -16.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.