M2Y 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.
M2Y Consulting
Largest movements
- Financial fixed assets +€2.0m
up €2.0m (+2,029%), from €96,856 to €2.1m
- Tangible fixed assets +€66,794
up €66,794 (+685%), from €9,749 to €76,544
of which Furniture and vehicles: +€64,873
- Cash -€58,036
down €58,036 (-25.1%), from €231,284 to €173,248
mainly Investment in fixed assets (net) (-€2.0m) and Receivables within one year (-€19,718)
- Profit (loss) carried forward +€1.7m
up €1.7m (+971%), from €174,963 to €1.9m
- Other debts +€296,677
up €296,677 (+160%), from €185,000 to €481,677
- Financial income +€1.5m
up €1.5m (+209,306%), from €715 to €1.5m
of which Non-recurring financial income: +€1.5m
- Other operating charges -€14,574
down €14,574 (-96.2%), from €15,155 to €581
- Gross operating margin +€12,410
up €12,410 (+4.7%), from €266,120 to €278,529
- Taxes +€4,695
up €4,695 (+7.0%), from €66,629 to €71,323
- Depreciation -€3,989
down €3,989 (-47.0%), from €8,493 to €4,504
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 | €423,446 | €2,424,331 | +€2.0m | +473% |
| Fixed assets | 21/28 | €106,606 | €2,138,255 | +€2.0m | +1,906% |
| Tangible fixed assets | 22/27 | €9,749 | €76,544 | +€66,794 | +685% |
| Plant, machinery and equipment | 23 | - | €1,922 | +€1,922 | |
| Furniture and vehicles | 24 | €9,749 | €74,622 | +€64,873 | +665% |
| Financial fixed assets | 28 | €96,856 | €2,061,711 | +€2.0m | +2,029% |
| Current assets | 29/58 | €316,840 | €286,076 | -€30,764 | -9.7% |
| Amounts receivable within one year | 40/41 | €83,426 | €103,144 | +€19,718 | +23.6% |
| Trade receivables | 40 | €30,998 | €94,724 | +€63,726 | +206% |
| Other amounts receivable | 41 | €52,427 | €8,420 | -€44,007 | -83.9% |
| Cash at bank and in hand | 54/58 | €231,284 | €173,248 | -€58,036 | -25.1% |
| Deferred charges and accrued income | 490/1 | €2,131 | €9,685 | +€7,554 | +355% |
| Total equity and liabilities | 10/49 | €423,446 | €2,424,331 | +€2.0m | +473% |
| Equity | 10/15 | €195,423 | €1,894,131 | +€1.7m | +869% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,963 | €1,873,671 | +€1.7m | +971% |
| Amounts payable | 17/49 | €228,023 | €530,200 | +€302,177 | +133% |
| Amounts payable within one year | 42/48 | €228,023 | €530,183 | +€302,160 | +133% |
| Trade debts | 44 | €1,159 | €216 | -€943 | -81.4% |
| Suppliers | 440/4 | €1,159 | €216 | -€943 | -81.4% |
| Taxes, remuneration and social security | 45 | €41,863 | €48,290 | +€6,426 | +15.4% |
| Taxes | 450/3 | €41,863 | €48,290 | +€6,426 | +15.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €185,000 | €481,677 | +€296,677 | +160% |
| Accrued charges and deferred income | 492/3 | €0 | €17 | +€17 | |
| Non-recurring operating income | 76A | - | €2,468 | +€2,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,493 | €4,504 | -€3,989 | -47.0% |
| Other operating charges | 640/8 | €15,155 | €581 | -€14,574 | -96.2% |
| Non-recurring operating charges | 66A | €3,105 | €0 | -€3,105 | -100% |
| Gross operating margin | 9900 | €266,120 | €278,529 | +€12,410 | +4.7% |
| Operating profit (loss) | 9901 | €239,366 | €273,445 | +€34,079 | +14.2% |
| Financial income | 75/76B | €715 | €1,496,753 | +€1.5m | +209,306% |
| Recurring financial income | 75 | €715 | €7,158 | +€6,443 | +901% |
| Non-recurring financial income | 76B | - | €1,489,595 | +€1.5m | |
| Financial charges | 65/66B | €125 | €166 | +€41 | +33.2% |
| Recurring financial charges | 65 | €125 | €166 | +€41 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €239,956 | €1,770,032 | +€1.5m | +638% |
| Income taxes | 67/77 | €66,629 | €71,323 | +€4,695 | +7.0% |
| Profit (loss) for the period | 9904 | €173,327 | €1,698,709 | +€1.5m | +880% |
| Profit (loss) for the period to be appropriated | 9905 | €173,327 | €1,698,709 | +€1.5m | +880% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.