MP2: 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.
MP2
Largest movements
- Tangible fixed assets -€23,815
down €23,815 (-4.7%), from €507,054 to €483,239
- Receivables within one year +€22,500
new in 2025: €22,500
- Debts after one year -€37,595
down €37,595 (-6.9%), from €544,428 to €506,832
- Other debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward +€11,265
up €11,265 (+14.1%), from -€79,714 to -€68,449
- Financial charges -€499
down €499 (-5.4%), from €9,250 to €8,752
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.
Cash bridge derived
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 | €513,644 | €513,098 | -€547 | -0.1% |
| Fixed assets | 21/28 | €507,054 | €483,239 | -€23,815 | -4.7% |
| Tangible fixed assets | 22/27 | €507,054 | €483,239 | -€23,815 | -4.7% |
| Land and buildings | 22 | €507,054 | €483,239 | -€23,815 | -4.7% |
| Current assets | 29/58 | €6,590 | €29,858 | +€23,268 | +353.1% |
| Amounts receivable within one year | 40/41 | - | €22,500 | +€22,500 | |
| Other amounts receivable | 41 | - | €22,500 | +€22,500 | |
| Cash at bank and in hand | 54/58 | €5,521 | €6,258 | +€736 | +13.3% |
| Deferred charges and accrued income | 490/1 | €1,069 | €1,101 | +€32 | +3.0% |
| Total equity and liabilities | 10/49 | €513,644 | €513,098 | -€547 | -0.1% |
| Equity | 10/15 | -€75,714 | -€64,449 | +€11,265 | +14.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,714 | -€68,449 | +€11,265 | +14.1% |
| Amounts payable | 17/49 | €589,359 | €577,547 | -€11,812 | -2.0% |
| Amounts payable after more than one year | 17 | €544,428 | €506,832 | -€37,595 | -6.9% |
| Financial debts | 170/4 | €544,428 | €506,832 | -€37,595 | -6.9% |
| Amounts payable within one year | 42/48 | €38,081 | €66,365 | +€28,284 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | €37,470 | €37,998 | +€528 | +1.4% |
| Trade debts | 44 | €611 | €3,367 | +€2,756 | +451.1% |
| Suppliers | 440/4 | €611 | €3,367 | +€2,756 | +451.1% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Accrued charges and deferred income | 492/3 | €6,850 | €4,350 | -€2,500 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,815 | €23,815 | = | 0.0% |
| Other operating charges | 640/8 | €3,546 | €3,655 | +€109 | +3.1% |
| Gross operating margin | 9900 | €47,117 | €47,487 | +€370 | +0.8% |
| Operating profit (loss) | 9901 | €19,756 | €20,017 | +€261 | +1.3% |
| Financial charges | 65/66B | €9,250 | €8,752 | -€499 | -5.4% |
| Recurring financial charges | 65 | €9,250 | €8,752 | -€499 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €10,506 | €11,265 | +€759 | +7.2% |
| Profit (loss) for the period | 9904 | €10,506 | €11,265 | +€759 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,506 | €11,265 | +€759 | +7.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.