MPM CONCEPT: 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.
MPM CONCEPT
Largest movements
- Tangible fixed assets -€9,934
down €9,934 (-87.3%), from €11,379 to €1,445
- Cash +€9,175
up €9,175 (+433%), from €2,119 to €11,294
mainly Net result for the year (+€31,951) and Debts after one year (+€30,580)
- Receivables within one year +€1,010
up €1,010 (+886%), from €114 to €1,124
- Other debts -€53,002
down €53,002 (-53.8%), from €98,527 to €45,525
- Profit (loss) carried forward +€31,950
up €31,950 (+22.5%), from -€141,810 to -€109,860
- Debts after one year +€30,580
up €30,580 (+422%), from €7,253 to €37,833
- Current portion of long-term debt -€12,005
down €12,005 (-53.5%), from €22,452 to €10,447
- Trade debts +€2,175
up €2,175 (+488%), from €446 to €2,621
- Purchases and services -€118,373
no longer reported in 2025 (was €118,373)
- Turnover -€53,577
no longer reported in 2025 (was €53,577)
- Depreciation -€8,329
no longer reported in 2025 (was €8,329)
- Financial charges +€1,594
up €1,594 (+122%), from €1,308 to €2,902
- Gross operating margin +€1,463
up €1,463 (+4.2%), from €35,204 to €36,667
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 | €13,612 | €13,962 | +€350 | +2.6% |
| Fixed assets | 21/28 | €11,379 | €1,445 | -€9,934 | -87.3% |
| Tangible fixed assets | 22/27 | €11,379 | €1,445 | -€9,934 | -87.3% |
| Furniture and vehicles | 24 | €11,379 | €1,445 | -€9,934 | -87.3% |
| Current assets | 29/58 | €2,233 | €12,517 | +€10,284 | +461% |
| Amounts receivable within one year | 40/41 | €114 | €1,124 | +€1,010 | +886% |
| Trade receivables | 40 | €114 | €1,124 | +€1,010 | +886% |
| Cash at bank and in hand | 54/58 | €2,119 | €11,294 | +€9,175 | +433% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €13,612 | €13,962 | +€350 | +2.6% |
| Equity | 10/15 | -€116,810 | -€84,860 | +€31,950 | +27.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | -€141,810 | -€109,860 | +€31,950 | +22.5% |
| Amounts payable | 17/49 | €130,422 | €98,822 | -€31,600 | -24.2% |
| Amounts payable after more than one year | 17 | €7,253 | €37,833 | +€30,580 | +422% |
| Financial debts | 170/4 | €7,253 | €37,833 | +€30,580 | +422% |
| Amounts payable within one year | 42/48 | €123,169 | €60,988 | -€62,181 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €22,452 | €10,447 | -€12,005 | -53.5% |
| Trade debts | 44 | €446 | €2,621 | +€2,175 | +488% |
| Suppliers | 440/4 | €446 | €2,621 | +€2,175 | +488% |
| Taxes, remuneration and social security | 45 | €1,744 | €2,396 | +€652 | +37.4% |
| Taxes | 450/3 | €1,744 | €2,396 | +€652 | +37.4% |
| Other amounts payable | 47/48 | €98,527 | €45,525 | -€53,002 | -53.8% |
| Turnover | 70 | €53,577 | - | -€53,577 | |
| Non-recurring operating income | 76A | - | €565 | +€565 | |
| Goods, raw materials, services and sundry goods | 60/61 | €118,373 | - | -€118,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,329 | - | -€8,329 | |
| Other operating charges | 640/8 | €780 | €1,826 | +€1,046 | +134% |
| Gross operating margin | 9900 | €35,204 | €36,667 | +€1,463 | +4.2% |
| Operating profit (loss) | 9901 | €26,095 | €34,841 | +€8,746 | +33.5% |
| Financial income | 75/76B | €105 | €13 | -€92 | -88.1% |
| Recurring financial income | 75 | €105 | €13 | -€92 | -88.1% |
| Financial charges | 65/66B | €1,308 | €2,902 | +€1,594 | +122% |
| Recurring financial charges | 65 | €1,308 | €2,902 | +€1,594 | +122% |
| Profit (loss) for the period before taxes | 9903 | €24,892 | €31,951 | +€7,059 | +28.4% |
| Profit (loss) for the period | 9904 | €24,892 | €31,951 | +€7,059 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,892 | €31,951 | +€7,059 | +28.4% |
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 14 October 2026 via checked.be.