M2B Consulting: 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.
M2B Consulting
Largest movements
- Current investments -€200,000
down €200,000 (-80.4%), from €248,780 to €48,780
- Cash +€191,579
up €191,579 (+266.2%), from €71,966 to €263,545
mainly Current investments (+€200,000) and Receivables within one year (+€139,175)
- Receivables within one year -€139,175
down €139,175 (-74.1%), from €187,874 to €48,700
of which Other amounts receivable: -€86,688
- Reserves -€137,405
down €137,405 (-28.7%), from €478,053 to €340,647
- Tax, wage and social debts -€24,356
down €24,356 (-71.9%), from €33,861 to €9,505
- Other debts +€15,419
up €15,419, from €0 to €15,419
- Gross operating margin -€99,315
down €99,315, from €97,660 to -€1,655
- Taxes -€24,237
down €24,237 (-93.7%), from €25,854 to €1,617
- Other operating charges -€8,528
down €8,528 (-78.5%), from €10,862 to €2,334
- Financial charges -€1,209
down €1,209 (-69.9%), from €1,731 to €522
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 | €531,915 | €383,180 | -€148,735 | -28.0% |
| Fixed assets | 21/28 | €21,616 | €19,267 | -€2,349 | -10.9% |
| Tangible fixed assets | 22/27 | €21,616 | €19,267 | -€2,349 | -10.9% |
| Furniture and vehicles | 24 | €17,472 | €11,308 | -€6,164 | -35.3% |
| Other tangible fixed assets | 26 | €4,144 | €7,959 | +€3,815 | +92.1% |
| Current assets | 29/58 | €510,299 | €363,913 | -€146,386 | -28.7% |
| Amounts receivable within one year | 40/41 | €187,874 | €48,700 | -€139,175 | -74.1% |
| Trade receivables | 40 | €64,507 | €12,020 | -€52,487 | -81.4% |
| Other amounts receivable | 41 | €123,367 | €36,679 | -€86,688 | -70.3% |
| Current investments | 50/53 | €248,780 | €48,780 | -€200,000 | -80.4% |
| Cash at bank and in hand | 54/58 | €71,966 | €263,545 | +€191,579 | +266.2% |
| Deferred charges and accrued income | 490/1 | €1,678 | €2,888 | +€1,209 | +72.1% |
| Total equity and liabilities | 10/49 | €531,915 | €383,180 | -€148,735 | -28.0% |
| Equity | 10/15 | €496,653 | €353,970 | -€142,683 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €478,053 | €340,647 | -€137,405 | -28.7% |
| Distributable reserves | 133 | €478,053 | €340,647 | -€137,405 | -28.7% |
| Profit (loss) carried forward | 14 | €0 | -€5,278 | -€5,278 | |
| Amounts payable | 17/49 | €35,262 | €29,211 | -€6,052 | -17.2% |
| Amounts payable within one year | 42/48 | €35,262 | €29,211 | -€6,052 | -17.2% |
| Trade debts | 44 | €1,401 | €4,287 | +€2,886 | +205.9% |
| Suppliers | 440/4 | €1,401 | €4,287 | +€2,886 | +205.9% |
| Taxes, remuneration and social security | 45 | €33,861 | €9,505 | -€24,356 | -71.9% |
| Taxes | 450/3 | €33,861 | €9,505 | -€24,356 | -71.9% |
| Other amounts payable | 47/48 | €0 | €15,419 | +€15,419 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,554 | €7,302 | +€748 | +11.4% |
| Other operating charges | 640/8 | €10,862 | €2,334 | -€8,528 | -78.5% |
| Gross operating margin | 9900 | €97,660 | -€1,655 | -€99,315 | |
| Operating profit (loss) | 9901 | €80,245 | -€11,291 | -€91,535 | |
| Financial income | 75/76B | €8,818 | €8,152 | -€666 | -7.6% |
| Recurring financial income | 75 | €8,818 | €8,152 | -€666 | -7.6% |
| Financial charges | 65/66B | €1,731 | €522 | -€1,209 | -69.9% |
| Recurring financial charges | 65 | €1,731 | €522 | -€1,209 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €87,332 | -€3,661 | -€90,992 | |
| Income taxes | 67/77 | €25,854 | €1,617 | -€24,237 | -93.7% |
| Profit (loss) for the period | 9904 | €61,477 | -€5,278 | -€66,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,477 | -€5,278 | -€66,755 |
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 10 October 2026 via checked.be.