M2CONCEPT: 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.
M2CONCEPT
Largest movements
- Cash +€238
up €238 (+1.7%), from €14,304 to €14,542
mainly Net result for the year (+€881) and Accrued charges and deferred income (+€350)
- Trade debts -€1,266
no longer reported in 2025 (was €1,266)
- Profit (loss) carried forward +€881
up €881 (+15.8%), from €5,561 to €6,442
- Accrued charges and deferred income +€350
new in 2025: €350
- Tax, wage and social debts +€288
up €288 (+7.9%), from €3,634 to €3,922
of which Remuneration and social security: +€1,261
- Gross operating margin -€5,708
down €5,708 (-76.6%), from €7,452 to €1,744
- Taxes -€1,038
down €1,038 (-55.2%), from €1,879 to €841
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 | €14,304 | €14,549 | +€245 | +1.7% |
| Current assets | 29/58 | €14,304 | €14,549 | +€245 | +1.7% |
| Amounts receivable within one year | 40/41 | - | €7 | +€7 | |
| Trade receivables | 40 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €14,304 | €14,542 | +€238 | +1.7% |
| Total equity and liabilities | 10/49 | €14,304 | €14,549 | +€245 | +1.7% |
| Equity | 10/15 | €8,811 | €9,692 | +€881 | +10.0% |
| Contributions | 10/11 | €3,250 | €3,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,561 | €6,442 | +€881 | +15.8% |
| Amounts payable | 17/49 | €5,493 | €4,857 | -€636 | -11.6% |
| Amounts payable within one year | 42/48 | €5,493 | €4,507 | -€986 | -18.0% |
| Trade debts | 44 | €1,266 | - | -€1,266 | |
| Suppliers | 440/4 | €1,266 | - | -€1,266 | |
| Taxes, remuneration and social security | 45 | €3,634 | €3,922 | +€288 | +7.9% |
| Taxes | 450/3 | €2,731 | €1,759 | -€973 | -35.6% |
| Remuneration and social security | 454/9 | €903 | €2,163 | +€1,261 | +139.7% |
| Other amounts payable | 47/48 | €593 | €584 | -€9 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Gross operating margin | 9900 | €7,452 | €1,744 | -€5,708 | -76.6% |
| Operating profit (loss) | 9901 | €7,452 | €1,744 | -€5,708 | -76.6% |
| Financial charges | 65/66B | €12 | €23 | +€10 | +83.7% |
| Recurring financial charges | 65 | €12 | €23 | +€10 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €7,440 | €1,722 | -€5,718 | -76.9% |
| Income taxes | 67/77 | €1,879 | €841 | -€1,038 | -55.2% |
| Profit (loss) for the period | 9904 | €5,561 | €881 | -€4,680 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,561 | €881 | -€4,680 | -84.2% |
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.