MV2MANAGE: 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.
MV2MANAGE
Largest movements
- Cash -€86,779
down €86,779 (-98.9%), from €87,736 to €956
mainly Other debts (-€122,463) and Receivables within one year (-€14,010)
- Receivables within one year +€14,010
up €14,010 (+91.1%), from €15,378 to €29,389
- Tangible fixed assets -€6,557
down €6,557 (-5.0%), from €131,609 to €125,052
of which Other tangible fixed assets: -€8,323
- Deferred charges and accrued income -€6,461
down €6,461 (-60.3%), from €10,717 to €4,256
- Other debts -€122,463
down €122,463 (-91.5%), from €133,832 to €11,370
- Profit (loss) carried forward +€21,650
up €21,650 (+514.1%), from €4,211 to €25,861
- Tax, wage and social debts +€10,096
up €10,096 (+75.1%), from €13,445 to €23,542
of which Taxes: +€7,096
- Short-term financial debts +€2,514
up €2,514 (+77.0%), from €3,267 to €5,781
- Gross operating margin +€36,331
up €36,331 (+262.2%), from €13,858 to €50,189
- Taxes +€7,441
up €7,441 (+584.8%), from €1,272 to €8,713
- Depreciation +€4,666
up €4,666 (+78.3%), from €5,957 to €10,623
- Other operating charges -€1,310
down €1,310 (-85.4%), from €1,534 to €224
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 | €245,440 | €159,654 | -€85,786 | -35.0% |
| Fixed assets | 21/28 | €131,609 | €125,052 | -€6,557 | -5.0% |
| Tangible fixed assets | 22/27 | €131,609 | €125,052 | -€6,557 | -5.0% |
| Furniture and vehicles | 24 | €5,070 | €6,836 | +€1,766 | +34.8% |
| Other tangible fixed assets | 26 | €126,539 | €118,216 | -€8,323 | -6.6% |
| Current assets | 29/58 | €113,831 | €34,602 | -€79,230 | -69.6% |
| Amounts receivable within one year | 40/41 | €15,378 | €29,389 | +€14,010 | +91.1% |
| Trade receivables | 40 | €15,378 | €29,389 | +€14,010 | +91.1% |
| Cash at bank and in hand | 54/58 | €87,736 | €956 | -€86,779 | -98.9% |
| Deferred charges and accrued income | 490/1 | €10,717 | €4,256 | -€6,461 | -60.3% |
| Total equity and liabilities | 10/49 | €245,440 | €159,654 | -€85,786 | -35.0% |
| Equity | 10/15 | €89,211 | €110,861 | +€21,650 | +24.3% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,211 | €25,861 | +€21,650 | +514.1% |
| Amounts payable | 17/49 | €156,229 | €48,793 | -€107,436 | -68.8% |
| Amounts payable within one year | 42/48 | €156,229 | €48,793 | -€107,436 | -68.8% |
| Financial debts | 43 | €3,267 | €5,781 | +€2,514 | +77.0% |
| Credit institutions | 430/8 | €3,267 | €5,781 | +€2,514 | +77.0% |
| Trade debts | 44 | €5,685 | €8,100 | +€2,416 | +42.5% |
| Suppliers | 440/4 | €5,685 | €8,100 | +€2,416 | +42.5% |
| Taxes, remuneration and social security | 45 | €13,445 | €23,542 | +€10,096 | +75.1% |
| Taxes | 450/3 | €10,445 | €17,542 | +€7,096 | +67.9% |
| Remuneration and social security | 454/9 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Other amounts payable | 47/48 | €133,832 | €11,370 | -€122,463 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,957 | €10,623 | +€4,666 | +78.3% |
| Other operating charges | 640/8 | €1,534 | €224 | -€1,310 | -85.4% |
| Gross operating margin | 9900 | €13,858 | €50,189 | +€36,331 | +262.2% |
| Operating profit (loss) | 9901 | €6,367 | €39,342 | +€32,976 | +518.0% |
| Financial income | 75/76B | €0 | €33 | +€33 | |
| Recurring financial income | 75 | €0 | €33 | +€33 | |
| Financial charges | 65/66B | €8,972 | €9,012 | +€39 | +0.4% |
| Recurring financial charges | 65 | €8,972 | €9,012 | +€39 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,606 | €30,363 | +€32,969 | |
| Income taxes | 67/77 | €1,272 | €8,713 | +€7,441 | +584.8% |
| Profit (loss) for the period | 9904 | -€3,878 | €21,650 | +€25,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,878 | €21,650 | +€25,528 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.