MPhysio: 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.
MPhysio
Largest movements
- Cash +€31,128
up €31,128 (+129.7%), from €24,007 to €55,135
mainly Net result for the year (+€40,348) and Trade debts (+€2,172)
- Deferred charges and accrued income +€9,385
up €9,385 (+25.6%), from €36,630 to €46,016
- Tangible fixed assets +€1,056
up €1,056 (+106.5%), from €991 to €2,047
- Profit (loss) carried forward +€39,515
up €39,515 (+68.9%), from €57,343 to €96,859
- Trade debts +€2,172
up €2,172 (+338.7%), from €641 to €2,813
- Gross operating margin -€19,745
down €19,745 (-27.0%), from €73,221 to €53,477
- Taxes -€3,863
down €3,863 (-25.9%), from €14,889 to €11,027
- Financial charges +€1,264
up €1,264 (+21574.6%), from €6 to €1,270
- Depreciation +€738
up €738 (+595.1%), from €124 to €861
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 | €61,629 | €103,198 | +€41,569 | +67.5% |
| Fixed assets | 21/28 | €991 | €2,047 | +€1,056 | +106.5% |
| Tangible fixed assets | 22/27 | €991 | €2,047 | +€1,056 | +106.5% |
| Furniture and vehicles | 24 | €991 | €2,047 | +€1,056 | +106.5% |
| Current assets | 29/58 | €60,637 | €101,151 | +€40,513 | +66.8% |
| Cash at bank and in hand | 54/58 | €24,007 | €55,135 | +€31,128 | +129.7% |
| Deferred charges and accrued income | 490/1 | €36,630 | €46,016 | +€9,385 | +25.6% |
| Total equity and liabilities | 10/49 | €61,629 | €103,198 | +€41,569 | +67.5% |
| Equity | 10/15 | €57,843 | €97,359 | +€39,515 | +68.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,343 | €96,859 | +€39,515 | +68.9% |
| Amounts payable | 17/49 | €3,785 | €5,839 | +€2,054 | +54.3% |
| Amounts payable within one year | 42/48 | €3,785 | €5,839 | +€2,054 | +54.3% |
| Trade debts | 44 | €641 | €2,813 | +€2,172 | +338.7% |
| Suppliers | 440/4 | €641 | €2,813 | +€2,172 | +338.7% |
| Taxes, remuneration and social security | 45 | €2,049 | €1,925 | -€124 | -6.1% |
| Taxes | 450/3 | €2,049 | €1,925 | -€124 | -6.1% |
| Other amounts payable | 47/48 | €1,095 | €1,101 | +€6 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €861 | +€738 | +595.1% |
| Gross operating margin | 9900 | €73,221 | €53,477 | -€19,745 | -27.0% |
| Operating profit (loss) | 9901 | €73,098 | €52,615 | -€20,482 | -28.0% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €6 | €1,270 | +€1,264 | +21574.6% |
| Recurring financial charges | 65 | €6 | €1,270 | +€1,264 | +21574.6% |
| Profit (loss) for the period before taxes | 9903 | €73,092 | €51,375 | -€21,717 | -29.7% |
| Income taxes | 67/77 | €14,889 | €11,027 | -€3,863 | -25.9% |
| Profit (loss) for the period | 9904 | €58,202 | €40,348 | -€17,854 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,202 | €40,348 | -€17,854 | -30.7% |
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 12 October 2026 via checked.be.