M8: 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.
M8
Largest movements
- Tangible fixed assets -€9,727
down €9,727 (-45.3%), from €21,494 to €11,767
- Stocks and contracts -€1,440
down €1,440 (-18.7%), from €7,690 to €6,250
- Receivables within one year +€1,291
up €1,291 (+583.8%), from €221 to €1,512
- Cash -€785
down €785 (-64.2%), from €1,223 to €438
mainly Net result for the year (-€8,673) and Other debts (-€2,624)
- Profit (loss) carried forward -€8,673
down €8,673 (-85.4%), from -€10,152 to -€18,825
- Other debts -€2,624
down €2,624 (-19.6%), from €13,407 to €10,783
- Tax, wage and social debts +€2,240
up €2,240 (+17.8%), from €12,579 to €14,818
- Trade debts -€1,807
down €1,807 (-15.7%), from €11,498 to €9,691
- Other operating charges -€3,178
down €3,178 (-66.7%), from €4,768 to €1,590
- Depreciation +€2,627
up €2,627 (+27.0%), from €9,722 to €12,349
- Gross operating margin -€2,080
down €2,080 (-24.4%), from €8,535 to €6,454
- Taxes -€893
down €893 (-62.7%), from €1,423 to €530
- Financial charges -€368
down €368 (-35.9%), from €1,026 to €658
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,532 | €22,668 | -€10,864 | -32.4% |
| Fixed assets | 21/28 | €24,194 | €14,467 | -€9,727 | -40.2% |
| Tangible fixed assets | 22/27 | €21,494 | €11,767 | -€9,727 | -45.3% |
| Furniture and vehicles | 24 | €21,494 | €11,767 | -€9,727 | -45.3% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €9,338 | €8,201 | -€1,138 | -12.2% |
| Stocks and contracts in progress | 3 | €7,690 | €6,250 | -€1,440 | -18.7% |
| Stocks | 30/36 | €7,690 | €6,250 | -€1,440 | -18.7% |
| Amounts receivable within one year | 40/41 | €221 | €1,512 | +€1,291 | +583.8% |
| Other amounts receivable | 41 | €221 | €1,512 | +€1,291 | +583.8% |
| Cash at bank and in hand | 54/58 | €1,223 | €438 | -€785 | -64.2% |
| Deferred charges and accrued income | 490/1 | €204 | - | -€204 | |
| Total equity and liabilities | 10/49 | €33,532 | €22,668 | -€10,864 | -32.4% |
| Equity | 10/15 | -€3,952 | -€12,625 | -€8,673 | -219.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,152 | -€18,825 | -€8,673 | -85.4% |
| Amounts payable | 17/49 | €37,484 | €35,293 | -€2,192 | -5.8% |
| Amounts payable within one year | 42/48 | €37,484 | €35,293 | -€2,192 | -5.8% |
| Trade debts | 44 | €11,498 | €9,691 | -€1,807 | -15.7% |
| Suppliers | 440/4 | €11,498 | €9,691 | -€1,807 | -15.7% |
| Taxes, remuneration and social security | 45 | €12,579 | €14,818 | +€2,240 | +17.8% |
| Taxes | 450/3 | €12,579 | €14,818 | +€2,240 | +17.8% |
| Other amounts payable | 47/48 | €13,407 | €10,783 | -€2,624 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,722 | €12,349 | +€2,627 | +27.0% |
| Other operating charges | 640/8 | €4,768 | €1,590 | -€3,178 | -66.7% |
| Gross operating margin | 9900 | €8,535 | €6,454 | -€2,080 | -24.4% |
| Operating profit (loss) | 9901 | -€5,955 | -€7,485 | -€1,530 | -25.7% |
| Financial income | 75/76B | €221 | €0 | -€221 | -100.0% |
| Recurring financial income | 75 | €221 | €0 | -€221 | -100.0% |
| Financial charges | 65/66B | €1,026 | €658 | -€368 | -35.9% |
| Recurring financial charges | 65 | €1,026 | €658 | -€368 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,760 | -€8,143 | -€1,383 | -20.5% |
| Income taxes | 67/77 | €1,423 | €530 | -€893 | -62.7% |
| Profit (loss) for the period | 9904 | -€8,183 | -€8,673 | -€490 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,183 | -€8,673 | -€490 | -6.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.