M2 TECH ELEC FIBRE: what changed
M2 TECH ELEC FIBRE
Largest movements
- Tangible fixed assets +€6,276
new in 2025: €6,276
- Receivables within one year +€5,536
up €5,536 (+106%), from €5,240 to €10,776
of which Other amounts receivable: +€7,845
- Cash -€5,173
down €5,173 (-68.3%), from €7,570 to €2,397
mainly Investment in fixed assets (net) (-€8,099) and Receivables within one year (-€5,536)
- Deferred charges and accrued income +€303
new in 2025: €303
- Trade debts +€6,918
up €6,918 (+112%), from €6,158 to €13,076
- Other debts -€4,508
no longer reported in 2025 (was €4,508)
- Profit (loss) carried forward +€3,404
up €3,404 (+262%), from €1,299 to €4,703
- Tax, wage and social debts +€1,129
up €1,129 (+134%), from €845 to €1,974
- Gross operating margin +€5,713
up €5,713 (+264%), from €2,162 to €7,875
- Depreciation +€1,823
new in 2025: €1,823
- Financial charges +€757
up €757 (+4,037%), from €19 to €776
- Other operating charges +€744
new in 2025: €744
- Taxes +€283
up €283 (+33.5%), from €845 to €1,129
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 | €12,810 | €19,753 | +€6,943 | +54.2% |
| Fixed assets | 21/28 | - | €6,276 | +€6,276 | |
| Tangible fixed assets | 22/27 | - | €6,276 | +€6,276 | |
| Plant, machinery and equipment | 23 | - | €6,276 | +€6,276 | |
| Current assets | 29/58 | €12,810 | €13,477 | +€667 | +5.2% |
| Amounts receivable within one year | 40/41 | €5,240 | €10,776 | +€5,536 | +106% |
| Trade receivables | 40 | €4,882 | €2,573 | -€2,308 | -47.3% |
| Other amounts receivable | 41 | €358 | €8,203 | +€7,845 | +2,189% |
| Cash at bank and in hand | 54/58 | €7,570 | €2,397 | -€5,173 | -68.3% |
| Deferred charges and accrued income | 490/1 | - | €303 | +€303 | |
| Total equity and liabilities | 10/49 | €12,810 | €19,753 | +€6,943 | +54.2% |
| Equity | 10/15 | €1,299 | €4,703 | +€3,404 | +262% |
| Profit (loss) carried forward | 14 | €1,299 | €4,703 | +€3,404 | +262% |
| Amounts payable | 17/49 | €11,511 | €15,050 | +€3,539 | +30.7% |
| Amounts payable within one year | 42/48 | €11,511 | €15,050 | +€3,539 | +30.7% |
| Trade debts | 44 | €6,158 | €13,076 | +€6,918 | +112% |
| Suppliers | 440/4 | €6,158 | €13,076 | +€6,918 | +112% |
| Taxes, remuneration and social security | 45 | €845 | €1,974 | +€1,129 | +134% |
| Taxes | 450/3 | €845 | €1,974 | +€1,129 | +134% |
| Other amounts payable | 47/48 | €4,508 | - | -€4,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,823 | +€1,823 | |
| Other operating charges | 640/8 | - | €744 | +€744 | |
| Gross operating margin | 9900 | €2,162 | €7,875 | +€5,713 | +264% |
| Operating profit (loss) | 9901 | €2,162 | €5,309 | +€3,146 | +146% |
| Financial charges | 65/66B | €19 | €776 | +€757 | +4,037% |
| Recurring financial charges | 65 | €19 | €776 | +€757 | +4,037% |
| Profit (loss) for the period before taxes | 9903 | €2,144 | €4,533 | +€2,389 | +111% |
| Income taxes | 67/77 | €845 | €1,129 | +€283 | +33.5% |
| Profit (loss) for the period | 9904 | €1,299 | €3,404 | +€2,106 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €1,299 | €3,404 | +€2,106 | +162% |
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 8 November 2026 via checked.be.