M2D2 Company: 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.
M2D2 Company
Largest movements
- Receivables after one year +€4,851
up €4,851 (+97.5%), from €4,977 to €9,828
- Current investments -€2,235
no longer reported in 2025 (was €2,235)
- Cash +€1,327
new in 2025: €1,327
mainly Net result for the year (+€5,325) and Current investments (+€2,235)
- Profit (loss) carried forward +€5,325
up €5,325 (+52.0%), from -€10,250 to -€4,925
- Trade debts -€932
down €932 (-57.0%), from €1,634 to €702
- Tax, wage and social debts -€450
no longer reported in 2025 (was €450)
- Gross operating margin +€1,360
up €1,360 (+28.0%), from €4,863 to €6,223
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 | €7,212 | €11,155 | +€3,943 | +54.7% |
| Current assets | 29/58 | €7,212 | €11,155 | +€3,943 | +54.7% |
| Amounts receivable after more than one year | 29 | €4,977 | €9,828 | +€4,851 | +97.5% |
| Trade receivables | 290 | €4,977 | €9,828 | +€4,851 | +97.5% |
| Current investments | 50/53 | €2,235 | - | -€2,235 | |
| Cash at bank and in hand | 54/58 | - | €1,327 | +€1,327 | |
| Total equity and liabilities | 10/49 | €7,212 | €11,155 | +€3,943 | +54.7% |
| Equity | 10/15 | €4,750 | €10,075 | +€5,325 | +112% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,250 | -€4,925 | +€5,325 | +52.0% |
| Amounts payable | 17/49 | €2,462 | €1,080 | -€1,382 | -56.1% |
| Amounts payable within one year | 42/48 | €2,462 | €1,080 | -€1,382 | -56.1% |
| Trade debts | 44 | €1,634 | €702 | -€932 | -57.0% |
| Suppliers | 440/4 | €1,634 | €702 | -€932 | -57.0% |
| Taxes, remuneration and social security | 45 | €450 | - | -€450 | |
| Taxes | 450/3 | €450 | - | -€450 | |
| Other amounts payable | 47/48 | €378 | €378 | = | 0.0% |
| Other operating charges | 640/8 | €860 | €826 | -€34 | -4.0% |
| Gross operating margin | 9900 | €4,863 | €6,223 | +€1,360 | +28.0% |
| Operating profit (loss) | 9901 | €4,003 | €5,397 | +€1,394 | +34.8% |
| Financial charges | 65/66B | €72 | €72 | = | 0.0% |
| Recurring financial charges | 65 | €72 | €72 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,931 | €5,325 | +€1,394 | +35.5% |
| Profit (loss) for the period | 9904 | €3,931 | €5,325 | +€1,394 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,931 | €5,325 | +€1,394 | +35.5% |
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 29 October 2026 via checked.be.