MN COMPANY: 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.
MN COMPANY
Largest movements
- Tangible fixed assets -€15,797
down €15,797 (-75.4%), from €20,945 to €5,148
of which Furniture and vehicles: -€15,444
- Stocks and contracts +€10,245
up €10,245 (+78.8%), from €12,993 to €23,238
- Receivables within one year -€4,308
down €4,308 (-33.2%), from €12,969 to €8,661
of which Trade receivables: -€12,969
- Cash -€2,760
down €2,760 (-58.4%), from €4,730 to €1,970
- Trade debts -€23,942
down €23,942 (-80.4%), from €29,786 to €5,843
- Other debts -€17,028
down €17,028 (-88.2%), from €19,314 to €2,286
- Profit (loss) carried forward +€13,476
up €13,476, from -€12,502 to €974
- Debts after one year +€10,069
new in 2025: €10,069
- Accrued charges and deferred income +€3,000
new in 2025: €3,000
- Turnover +€40,597
up €40,597 (+22.1%), from €183,850 to €224,448
- Gross operating margin +€21,754
up €21,754 (+208%), from €10,466 to €32,221
- Purchases and services +€18,843
up €18,843 (+10.9%), from €173,384 to €192,227
- Staff costs +€5,351
up €5,351 (+32.9%), from €16,249 to €21,600
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,638 | €39,305 | -€12,333 | -23.9% |
| Fixed assets | 21/28 | €20,945 | €5,148 | -€15,797 | -75.4% |
| Tangible fixed assets | 22/27 | €20,945 | €5,148 | -€15,797 | -75.4% |
| Plant, machinery and equipment | 23 | €353 | - | -€353 | |
| Furniture and vehicles | 24 | €20,592 | €5,148 | -€15,444 | -75.0% |
| Current assets | 29/58 | €30,693 | €34,157 | +€3,464 | +11.3% |
| Stocks and contracts in progress | 3 | €12,993 | €23,238 | +€10,245 | +78.8% |
| Stocks | 30/36 | €12,993 | €23,238 | +€10,245 | +78.8% |
| Amounts receivable within one year | 40/41 | €12,969 | €8,661 | -€4,308 | -33.2% |
| Trade receivables | 40 | €12,969 | - | -€12,969 | |
| Other amounts receivable | 41 | - | €8,661 | +€8,661 | |
| Cash at bank and in hand | 54/58 | €4,730 | €1,970 | -€2,760 | -58.4% |
| Deferred charges and accrued income | 490/1 | - | €287 | +€287 | |
| Total equity and liabilities | 10/49 | €51,638 | €39,305 | -€12,333 | -23.9% |
| Equity | 10/15 | -€73 | €13,403 | +€13,476 | |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €1,229 | €1,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €555 | €555 | = | 0.0% |
| Reserves not available under the articles | 1311 | €555 | €555 | = | 0.0% |
| Distributable reserves | 133 | €674 | €674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,502 | €974 | +€13,476 | |
| Amounts payable | 17/49 | €51,710 | €25,902 | -€25,809 | -49.9% |
| Amounts payable after more than one year | 17 | - | €10,069 | +€10,069 | |
| Financial debts | 170/4 | - | €10,069 | +€10,069 | |
| Amounts payable within one year | 42/48 | €51,710 | €12,833 | -€38,877 | -75.2% |
| Trade debts | 44 | €29,786 | €5,843 | -€23,942 | -80.4% |
| Suppliers | 440/4 | €29,786 | €5,843 | -€23,942 | -80.4% |
| Taxes, remuneration and social security | 45 | €2,611 | €4,704 | +€2,093 | +80.2% |
| Taxes | 450/3 | €2,611 | €4,704 | +€2,093 | +80.2% |
| Other amounts payable | 47/48 | €19,314 | €2,286 | -€17,028 | -88.2% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Turnover | 70 | €183,850 | €224,448 | +€40,597 | +22.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €173,384 | €192,227 | +€18,843 | +10.9% |
| Remuneration, social security and pensions | 62 | €16,249 | €21,600 | +€5,351 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,501 | €5,148 | -€353 | -6.4% |
| Other operating charges | 640/8 | €297 | €352 | +€55 | +18.5% |
| Non-recurring operating charges | 66A | €363 | €574 | +€211 | +58.1% |
| Gross operating margin | 9900 | €10,466 | €32,221 | +€21,754 | +208% |
| Operating profit (loss) | 9901 | -€11,943 | €4,547 | +€16,491 | |
| Financial income | 75/76B | €1 | €3 | +€1 | +92.8% |
| Recurring financial income | 75 | €1 | €3 | +€1 | +92.8% |
| Financial charges | 65/66B | €560 | €59 | -€501 | -89.4% |
| Recurring financial charges | 65 | €560 | €59 | -€501 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,502 | €4,491 | +€16,992 | |
| Income taxes | 67/77 | - | €1,373 | +€1,373 | |
| Profit (loss) for the period | 9904 | -€12,502 | €3,118 | +€15,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,502 | €3,118 | +€15,620 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.