M2Be Engineering & Safety Advisory: 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.
M2Be Engineering & Safety Advisory
Largest movements
- Cash +€15,469
up €15,469 (+231%), from €6,694 to €22,162
mainly Net result for the year (+€10,962) and Receivables within one year (+€2,961)
- Receivables within one year -€2,961
down €2,961 (-25.8%), from €11,498 to €8,537
of which Trade receivables: -€8,464
- Deferred charges and accrued income -€633
down €633 (-54.5%), from €1,161 to €528
- Tangible fixed assets -€449
down €449 (-12.9%), from €3,474 to €3,026
- Profit (loss) carried forward +€10,962
up €10,962 (+64.6%), from €16,958 to €27,920
- Tax, wage and social debts +€909
up €909 (+29.2%), from €3,118 to €4,027
of which Taxes: +€500
- Trade debts -€445
down €445 (-59.2%), from €752 to €307
- Staff costs +€3,633
new in 2025: €3,633
- Gross operating margin -€1,665
down €1,665 (-7.7%), from €21,572 to €19,907
- Depreciation +€1,386
up €1,386 (+912%), from €152 to €1,538
- Taxes -€848
down €848 (-19.0%), from €4,466 to €3,617
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.
Derived cash bridge
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 | €22,827 | €34,254 | +€11,426 | +50.1% |
| Fixed assets | 21/28 | €3,474 | €3,026 | -€449 | -12.9% |
| Tangible fixed assets | 22/27 | €3,474 | €3,026 | -€449 | -12.9% |
| Furniture and vehicles | 24 | €3,474 | €3,026 | -€449 | -12.9% |
| Current assets | 29/58 | €19,353 | €31,228 | +€11,875 | +61.4% |
| Amounts receivable within one year | 40/41 | €11,498 | €8,537 | -€2,961 | -25.8% |
| Trade receivables | 40 | €8,464 | - | -€8,464 | |
| Other amounts receivable | 41 | €3,034 | €8,537 | +€5,503 | +181% |
| Cash at bank and in hand | 54/58 | €6,694 | €22,162 | +€15,469 | +231% |
| Deferred charges and accrued income | 490/1 | €1,161 | €528 | -€633 | -54.5% |
| Total equity and liabilities | 10/49 | €22,827 | €34,254 | +€11,426 | +50.1% |
| Equity | 10/15 | €18,958 | €29,920 | +€10,962 | +57.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,958 | €27,920 | +€10,962 | +64.6% |
| Amounts payable | 17/49 | €3,870 | €4,334 | +€464 | +12.0% |
| Amounts payable within one year | 42/48 | €3,870 | €4,334 | +€464 | +12.0% |
| Trade debts | 44 | €752 | €307 | -€445 | -59.2% |
| Suppliers | 440/4 | €752 | €307 | -€445 | -59.2% |
| Taxes, remuneration and social security | 45 | €3,118 | €4,027 | +€909 | +29.2% |
| Taxes | 450/3 | €3,118 | €3,617 | +€500 | +16.0% |
| Remuneration and social security | 454/9 | - | €410 | +€410 | |
| Remuneration, social security and pensions | 62 | - | €3,633 | +€3,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €1,538 | +€1,386 | +912% |
| Other operating charges | 640/8 | - | €162 | +€162 | |
| Gross operating margin | 9900 | €21,572 | €19,907 | -€1,665 | -7.7% |
| Operating profit (loss) | 9901 | €21,420 | €14,575 | -€6,846 | -32.0% |
| Financial income | 75/76B | €10 | €118 | +€109 | +1,141% |
| Recurring financial income | 75 | €10 | €118 | +€109 | +1,141% |
| Financial charges | 65/66B | €7 | €114 | +€107 | +1,613% |
| Recurring financial charges | 65 | €7 | €114 | +€107 | +1,613% |
| Profit (loss) for the period before taxes | 9903 | €21,423 | €14,579 | -€6,844 | -31.9% |
| Income taxes | 67/77 | €4,466 | €3,617 | -€848 | -19.0% |
| Profit (loss) for the period | 9904 | €16,958 | €10,962 | -€5,996 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,958 | €10,962 | -€5,996 | -35.4% |
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 15 October 2026 via checked.be.