M2DI: 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.
M2DI
Largest movements
- Tangible fixed assets -€1,286
no longer reported in 2025 (was €1,286)
- Cash -€1,162
down €1,162 (-99.8%), from €1,164 to €3
mainly Trade debts (-€1,542) and Net result for the year (-€1,462)
- Receivables within one year -€473
no longer reported in 2025 (was €473)
- Trade debts -€1,542
no longer reported in 2025 (was €1,542)
- Profit (loss) carried forward -€1,462
down €1,462 (-3.6%), from -€40,787 to -€42,249
- Other debts +€83
up €83 (+0.2%), from €35,969 to €36,051
- Depreciation -€1,939
no longer reported in 2025 (was €1,939)
- Gross operating margin -€794
down €794 (-119.0%), from -€668 to -€1,462
- Purchases and services +€794
up €794 (+119.0%), from €668 to €1,462
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges -€96
no longer reported in 2025 (was €96)
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 | €2,923 | €3 | -€2,921 | -99.9% |
| Fixed assets | 21/28 | €1,286 | - | -€1,286 | |
| Tangible fixed assets | 22/27 | €1,286 | - | -€1,286 | |
| Furniture and vehicles | 24 | €1,286 | - | -€1,286 | |
| Current assets | 29/58 | €1,638 | €3 | -€1,635 | -99.8% |
| Amounts receivable within one year | 40/41 | €473 | - | -€473 | |
| Other amounts receivable | 41 | €473 | - | -€473 | |
| Cash at bank and in hand | 54/58 | €1,164 | €3 | -€1,162 | -99.8% |
| Total equity and liabilities | 10/49 | €2,923 | €3 | -€2,921 | -99.9% |
| Equity | 10/15 | -€34,587 | -€36,049 | -€1,462 | -4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€40,787 | -€42,249 | -€1,462 | -3.6% |
| Amounts payable | 17/49 | €37,511 | €36,051 | -€1,459 | -3.9% |
| Amounts payable within one year | 42/48 | €37,511 | €36,051 | -€1,459 | -3.9% |
| Trade debts | 44 | €1,542 | - | -€1,542 | |
| Suppliers | 440/4 | €1,542 | - | -€1,542 | |
| Other amounts payable | 47/48 | €35,969 | €36,051 | +€83 | +0.2% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €668 | €1,462 | +€794 | +119.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,939 | - | -€1,939 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€668 | -€1,462 | -€794 | -119.0% |
| Operating profit (loss) | 9901 | -€2,994 | -€1,462 | +€1,532 | +51.2% |
| Financial charges | 65/66B | €96 | - | -€96 | |
| Recurring financial charges | 65 | €96 | - | -€96 | |
| Profit (loss) for the period before taxes | 9903 | -€3,090 | -€1,462 | +€1,628 | +52.7% |
| Profit (loss) for the period | 9904 | -€3,090 | -€1,462 | +€1,628 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,090 | -€1,462 | +€1,628 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.