MQ-ATM: 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.
MQ-ATM
Largest movements
- Cash +€54,718
up €54,718 (+380%), from €14,391 to €69,109
mainly Net result for the year (+€53,116) and Tax, wage and social debts (+€22,605)
- Receivables within one year +€15,859
up €15,859 (+2,931%), from €541 to €16,400
of which Trade receivables: +€16,084
- Tangible fixed assets +€5,126
new in 2025: €5,126
- Reserves +€53,116
up €53,116 (+572%), from €9,289 to €62,405
- Tax, wage and social debts +€22,605
up €22,605 (+643%), from €3,514 to €26,120
- Gross operating margin +€63,264
up €63,264 (+490%), from €12,901 to €76,165
- Taxes +€16,254
up €16,254 (+463%), from €3,514 to €19,768
- Financial charges +€2,166
up €2,166 (+9,627%), from €23 to €2,189
- Depreciation +€1,093
new in 2025: €1,093
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 | €14,932 | €90,634 | +€75,703 | +507% |
| Fixed assets | 21/28 | - | €5,126 | +€5,126 | |
| Tangible fixed assets | 22/27 | - | €5,126 | +€5,126 | |
| Furniture and vehicles | 24 | - | €5,126 | +€5,126 | |
| Current assets | 29/58 | €14,932 | €85,509 | +€70,577 | +473% |
| Amounts receivable within one year | 40/41 | €541 | €16,400 | +€15,859 | +2,931% |
| Trade receivables | 40 | €316 | €16,400 | +€16,084 | +5,088% |
| Other amounts receivable | 41 | €225 | €0 | -€225 | -100% |
| Cash at bank and in hand | 54/58 | €14,391 | €69,109 | +€54,718 | +380% |
| Total equity and liabilities | 10/49 | €14,932 | €90,634 | +€75,703 | +507% |
| Equity | 10/15 | €10,789 | €63,905 | +€53,116 | +492% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €9,289 | €62,405 | +€53,116 | +572% |
| Distributable reserves | 133 | €9,289 | €62,405 | +€53,116 | +572% |
| Amounts payable | 17/49 | €4,143 | €26,730 | +€22,587 | +545% |
| Amounts payable within one year | 42/48 | €4,143 | €26,730 | +€22,587 | +545% |
| Trade debts | 44 | €391 | €268 | -€124 | -31.6% |
| Suppliers | 440/4 | €391 | €268 | -€124 | -31.6% |
| Taxes, remuneration and social security | 45 | €3,514 | €26,120 | +€22,605 | +643% |
| Taxes | 450/3 | €3,514 | €26,120 | +€22,605 | +643% |
| Other amounts payable | 47/48 | €237 | €342 | +€105 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,093 | +€1,093 | |
| Other operating charges | 640/8 | €75 | €0 | -€75 | -100% |
| Gross operating margin | 9900 | €12,901 | €76,165 | +€63,264 | +490% |
| Operating profit (loss) | 9901 | €12,826 | €75,072 | +€62,246 | +485% |
| Financial charges | 65/66B | €23 | €2,189 | +€2,166 | +9,627% |
| Recurring financial charges | 65 | €23 | €2,189 | +€2,166 | +9,627% |
| Profit (loss) for the period before taxes | 9903 | €12,803 | €72,884 | +€60,080 | +469% |
| Income taxes | 67/77 | €3,514 | €19,768 | +€16,254 | +463% |
| Profit (loss) for the period | 9904 | €9,289 | €53,116 | +€43,826 | +472% |
| Profit (loss) for the period to be appropriated | 9905 | €9,289 | €53,116 | +€43,826 | +472% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.