MPM CONCEPT: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.