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MY: 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.

What changed

MY

BE 0885.660.478
NACE 77.340, Rental and leasing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€225,036
2024 · -€45,423+€270,459
Equity
-€744,527
2024 · -€969,563+€225,036
Cash
€320
2024 · €28+€292
Balance sheet total
€59,720
2024 · €209,683-€149,963

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€170,055

    no longer reported in 2025 (was €170,055)

  • Receivables within one year +€19,800

    up €19,800 (+50.0%), from €39,600 to €59,400

Equity and liabilities
  • Other debts -€374,999

    down €374,999 (-31.8%), from €1.2m to €804,247

  • Profit (loss) carried forward +€225,036

    up €225,036 (+22.8%), from -€988,163 to -€763,127

Income statement
  • Gross operating margin +€213,532

    up €213,532 (+1829.9%), from €11,669 to €225,201

  • Depreciation -€56,314

    no longer reported in 2025 (was €56,314)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€45,423
Gross operating margin +€213,532
Depreciation +€56,314
Other operating charges +€615
Financial charges -€2
Result 2025 €225,036

Cash bridge derived

cash 2024 to 2025

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.

From operations -€169,763
Investment +€170,055
Financing €0
Cash 2024 €28
Net result for the year +€225,036
Receivables within one year -€19,800
Other debts -€374,999
Investment in fixed assets (net) +€170,055
Cash 2025 €320
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €209,683 €59,720 -€149,963 -71.5%
Fixed assets 21/28 €170,055 - -€170,055
Tangible fixed assets 22/27 €170,055 - -€170,055
Furniture and vehicles 24 €170,055 - -€170,055
Current assets 29/58 €39,628 €59,720 +€20,092 +50.7%
Amounts receivable within one year 40/41 €39,600 €59,400 +€19,800 +50.0%
Trade receivables 40 €39,600 €59,400 +€19,800 +50.0%
Cash at bank and in hand 54/58 €28 €320 +€292 +1042.9%
Total equity and liabilities 10/49 €209,683 €59,720 -€149,963 -71.5%
Equity 10/15 -€969,563 -€744,527 +€225,036 +23.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€988,163 -€763,127 +€225,036 +22.8%
Amounts payable 17/49 €1,179,246 €804,247 -€374,999 -31.8%
Amounts payable within one year 42/48 €1,179,246 €804,247 -€374,999 -31.8%
Other amounts payable 47/48 €1,179,246 €804,247 -€374,999 -31.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €56,314 - -€56,314
Other operating charges 640/8 €735 €120 -€615 -83.7%
Gross operating margin 9900 €11,669 €225,201 +€213,532 +1829.9%
Operating profit (loss) 9901 -€45,380 €225,081 +€270,461
Financial charges 65/66B €43 €45 +€2 +4.7%
Recurring financial charges 65 €43 €45 +€2 +4.7%
Profit (loss) for the period before taxes 9903 -€45,423 €225,036 +€270,459
Profit (loss) for the period 9904 -€45,423 €225,036 +€270,459
Profit (loss) for the period to be appropriated 9905 -€45,423 €225,036 +€270,459

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.