M4BC 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.
M4BC Consulting
Largest movements
- Tangible fixed assets -€15,968
down €15,968 (-4.5%), from €352,697 to €336,729
of which Land and buildings: -€15,513
- Receivables within one year -€11,646
down €11,646 (-78.9%), from €14,760 to €3,114
of which Trade receivables: -€14,548
- Cash +€8,573
up €8,573 (+20.5%), from €41,779 to €50,352
mainly Depreciation (+€16,380) and Other debts (+€16,232)
- Profit (loss) carried forward -€19,129
down €19,129 (-18.3%), from €104,609 to €85,480
- Other debts +€16,232
up €16,232 (+1,714%), from €947 to €17,178
- Debts after one year -€13,253
down €13,253 (-4.7%), from €280,220 to €266,967
- Tax, wage and social debts -€8,849
down €8,849 (-89.8%), from €9,849 to €1,000
of which Taxes: -€8,849
- Gross operating margin -€40,438
down €40,438 (-43.3%), from €93,467 to €53,029
- Taxes -€5,602
down €5,602 (-100%), from €5,602 to €0
- Other operating charges +€2,420
up €2,420, from €0 to €2,420
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 | €409,462 | €390,426 | -€19,036 | -4.6% |
| Fixed assets | 21/28 | €352,697 | €336,729 | -€15,968 | -4.5% |
| Tangible fixed assets | 22/27 | €352,697 | €336,729 | -€15,968 | -4.5% |
| Land and buildings | 22 | €347,235 | €331,723 | -€15,513 | -4.5% |
| Furniture and vehicles | 24 | - | €384 | +€384 | |
| Other tangible fixed assets | 26 | €5,462 | €4,622 | -€840 | -15.4% |
| Current assets | 29/58 | €56,765 | €53,697 | -€3,068 | -5.4% |
| Amounts receivable within one year | 40/41 | €14,760 | €3,114 | -€11,646 | -78.9% |
| Trade receivables | 40 | €14,760 | €212 | -€14,548 | -98.6% |
| Other amounts receivable | 41 | €0 | €2,902 | +€2,902 | |
| Cash at bank and in hand | 54/58 | €41,779 | €50,352 | +€8,573 | +20.5% |
| Deferred charges and accrued income | 490/1 | €227 | €232 | +€5 | +2.2% |
| Total equity and liabilities | 10/49 | €409,462 | €390,426 | -€19,036 | -4.6% |
| Equity | 10/15 | €107,109 | €87,980 | -€19,129 | -17.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,609 | €85,480 | -€19,129 | -18.3% |
| Amounts payable | 17/49 | €302,353 | €302,446 | +€93 | 0.0% |
| Amounts payable after more than one year | 17 | €280,220 | €266,967 | -€13,253 | -4.7% |
| Financial debts | 170/4 | €280,220 | €266,967 | -€13,253 | -4.7% |
| Amounts payable within one year | 42/48 | €22,133 | €35,479 | +€13,346 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €10,102 | €13,253 | +€3,151 | +31.2% |
| Financial debts | 43 | €0 | €1,348 | +€1,348 | |
| Credit institutions | 430/8 | €0 | €1,348 | +€1,348 | |
| Trade debts | 44 | €1,235 | €2,700 | +€1,464 | +119% |
| Suppliers | 440/4 | €1,235 | €2,700 | +€1,464 | +119% |
| Taxes, remuneration and social security | 45 | €9,849 | €1,000 | -€8,849 | -89.8% |
| Taxes | 450/3 | €9,849 | €1,000 | -€8,849 | -89.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €947 | €17,178 | +€16,232 | +1,714% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,324 | €16,380 | +€56 | +0.3% |
| Other operating charges | 640/8 | €0 | €2,420 | +€2,420 | |
| Non-recurring operating charges | 66A | - | €227 | +€227 | |
| Gross operating margin | 9900 | €93,467 | €53,029 | -€40,438 | -43.3% |
| Operating profit (loss) | 9901 | €77,143 | €34,003 | -€43,140 | -55.9% |
| Financial income | 75/76B | €0 | €14 | +€14 | |
| Recurring financial income | 75 | €0 | €14 | +€14 | |
| Financial charges | 65/66B | €53,635 | €53,146 | -€488 | -0.9% |
| Recurring financial charges | 65 | €53,635 | €53,146 | -€488 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €23,508 | -€19,129 | -€42,637 | |
| Income taxes | 67/77 | €5,602 | €0 | -€5,602 | -100% |
| Profit (loss) for the period | 9904 | €17,906 | -€19,129 | -€37,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,906 | -€19,129 | -€37,035 |
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 26 October 2026 via checked.be.