M3 Properties: 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.
M3 Properties
Largest movements
- Cash -€222,535
down €222,535 (-96.6%), from €230,414 to €7,879
mainly Other debts (-€217,600) and Net result for the year (-€4,935)
- Other debts -€217,600
down €217,600 (-94.2%), from €230,896 to €13,296
- Profit (loss) carried forward -€4,935
down €4,935 (-99.1%), from -€4,982 to -€9,917
- Gross operating margin -€41,113
down €41,113, from €38,167 to -€2,946
- Financial charges -€12,654
down €12,654 (-99.1%), from €12,773 to €119
- Other operating charges +€1,483
up €1,483 (+383%), from €387 to €1,870
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 | €230,414 | €7,879 | -€222,535 | -96.6% |
| Current assets | 29/58 | €230,414 | €7,879 | -€222,535 | -96.6% |
| Cash at bank and in hand | 54/58 | €230,414 | €7,879 | -€222,535 | -96.6% |
| Total equity and liabilities | 10/49 | €230,414 | €7,879 | -€222,535 | -96.6% |
| Equity | 10/15 | -€482 | -€5,417 | -€4,935 | -1,024% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,982 | -€9,917 | -€4,935 | -99.1% |
| Amounts payable | 17/49 | €230,896 | €13,296 | -€217,600 | -94.2% |
| Amounts payable within one year | 42/48 | €230,896 | €13,296 | -€217,600 | -94.2% |
| Other amounts payable | 47/48 | €230,896 | €13,296 | -€217,600 | -94.2% |
| Non-recurring operating income | 76A | €28,679 | - | -€28,679 | |
| Other operating charges | 640/8 | €387 | €1,870 | +€1,483 | +383% |
| Gross operating margin | 9900 | €38,167 | -€2,946 | -€41,113 | |
| Operating profit (loss) | 9901 | €37,780 | -€4,816 | -€42,595 | |
| Financial charges | 65/66B | €12,773 | €119 | -€12,654 | -99.1% |
| Recurring financial charges | 65 | €12,773 | €119 | -€12,654 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €25,007 | -€4,935 | -€29,941 | |
| Profit (loss) for the period | 9904 | €25,007 | -€4,935 | -€29,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,007 | -€4,935 | -€29,941 |
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 13 October 2026 via checked.be.