M.M.A.C. & Co: what changed
What changed
M.M.A.C. & Co
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€36,400
2024 · -€57,809+€21,408
Equity
-€31,285
2024 · €5,115-€36,400
Cash
€40,539
2024 · €29,297+€11,242
Balance sheet total
€354,715
2024 · €414,224-€59,510
Largest movements
Assets
- Tangible fixed assets -€52,471
down €52,471 (-27.0%), from €194,430 to €141,959
of which Plant, machinery and equipment: -€46,778
- Formation expenses -€11,301
down €11,301 (-33.6%), from €33,602 to €22,300
- Cash +€11,242
up €11,242 (+38.4%), from €29,297 to €40,539
mainly Depreciation (+€65,848) and Current portion of long-term debt (+€47,253)
Equity and liabilities
- Trade debts -€109,462
down €109,462 (-35.5%), from €308,730 to €199,267
- Current portion of long-term debt +€47,253
up €47,253 (+164%), from €28,735 to €75,988
- Profit (loss) carried forward -€36,400
down €36,400 (-22.0%), from -€165,610 to -€202,010
- Debts after one year +€25,979
up €25,979 (+98.9%), from €26,275 to €52,254
- Tax, wage and social debts +€6,857
up €6,857 (+41.3%), from €16,617 to €23,474
of which Remuneration and social security: +€6,853
Income statement
- Gross operating margin +€11,785
up €11,785 (+6.2%), from €190,226 to €202,010
- Staff costs -€4,261
down €4,261 (-2.6%), from €162,812 to €158,550
- Financial income +€2,449
up €2,449 (+400%), from €611 to €3,060
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.
Result 2024
-€57,809
Gross operating margin
+€11,785
Staff costs
+€4,261
Depreciation
-€1,245
Other operating charges
-€484
Other operating items
+€2,730
Financial income
+€2,449
Financial charges
+€1,905
Taxes
+€8
Result 2025
-€36,400
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€60,414
Investment
-€1,575
Financing
+€73,231
Cash 2024
€29,297
From operations (derived)
-€60,414
Net result for the year
-€36,400
Depreciation
+€65,848
Stocks and contracts
+€2,857
Receivables within one year
+€3,811
Deferred charges and accrued income
-€189
Trade debts
-€109,462
Tax, wage and social debts
+€6,857
Other debts
+€4,382
Accrued charges and deferred income
+€1,883
Investment (derived)
-€1,575
Investment in fixed assets (net)
-€1,575
Financing
+€73,231
Debts after one year
+€25,979
Current portion of long-term debt
+€47,253
Cash 2025
€40,539
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €414,224 | €354,715 | -€59,510 | -14.4% |
| Formation expenses | 20 | €33,602 | €22,300 | -€11,301 | -33.6% |
| Fixed assets | 21/28 | €235,831 | €182,860 | -€52,971 | -22.5% |
| Intangible fixed assets | 21 | €1,000 | €500 | -€500 | -50.0% |
| Tangible fixed assets | 22/27 | €194,430 | €141,959 | -€52,471 | -27.0% |
| Plant, machinery and equipment | 23 | €179,321 | €132,543 | -€46,778 | -26.1% |
| Furniture and vehicles | 24 | €15,110 | €9,416 | -€5,694 | -37.7% |
| Financial fixed assets | 28 | €40,401 | €40,401 | = | 0.0% |
| Current assets | 29/58 | €144,791 | €149,554 | +€4,763 | +3.3% |
| Stocks and contracts in progress | 3 | €55,471 | €52,615 | -€2,857 | -5.1% |
| Stocks | 30/36 | €55,471 | €52,615 | -€2,857 | -5.1% |
| Amounts receivable within one year | 40/41 | €52,682 | €48,871 | -€3,811 | -7.2% |
| Trade receivables | 40 | €9,570 | €9,840 | +€270 | +2.8% |
| Other amounts receivable | 41 | €43,112 | €39,031 | -€4,081 | -9.5% |
| Cash at bank and in hand | 54/58 | €29,297 | €40,539 | +€11,242 | +38.4% |
| Deferred charges and accrued income | 490/1 | €7,340 | €7,530 | +€189 | +2.6% |
| Total equity and liabilities | 10/49 | €414,224 | €354,715 | -€59,510 | -14.4% |
| Equity | 10/15 | €5,115 | -€31,285 | -€36,400 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Contributions outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €130,725 | €130,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €126,725 | €126,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,610 | -€202,010 | -€36,400 | -22.0% |
| Amounts payable | 17/49 | €409,109 | €386,000 | -€23,109 | -5.6% |
| Amounts payable after more than one year | 17 | €26,275 | €52,254 | +€25,979 | +98.9% |
| Financial debts | 170/4 | €26,275 | €52,254 | +€25,979 | +98.9% |
| Amounts payable within one year | 42/48 | €379,924 | €328,953 | -€50,971 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €28,735 | €75,988 | +€47,253 | +164% |
| Trade debts | 44 | €308,730 | €199,267 | -€109,462 | -35.5% |
| Suppliers | 440/4 | €308,730 | €199,267 | -€109,462 | -35.5% |
| Taxes, remuneration and social security | 45 | €16,617 | €23,474 | +€6,857 | +41.3% |
| Taxes | 450/3 | €606 | €610 | +€4 | +0.6% |
| Remuneration and social security | 454/9 | €16,011 | €22,864 | +€6,853 | +42.8% |
| Other amounts payable | 47/48 | €25,841 | €30,224 | +€4,382 | +17.0% |
| Accrued charges and deferred income | 492/3 | €2,910 | €4,793 | +€1,883 | +64.7% |
| Remuneration, social security and pensions | 62 | €162,812 | €158,550 | -€4,261 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,603 | €65,848 | +€1,245 | +1.9% |
| Other operating charges | 640/8 | €3,620 | €4,104 | +€484 | +13.4% |
| Non-recurring operating charges | 66A | €2,730 | - | -€2,730 | |
| Gross operating margin | 9900 | €190,226 | €202,010 | +€11,785 | +6.2% |
| Operating profit (loss) | 9901 | -€43,539 | -€26,492 | +€17,047 | +39.2% |
| Financial income | 75/76B | €611 | €3,060 | +€2,449 | +400% |
| Recurring financial income | 75 | €611 | €3,060 | +€2,449 | +400% |
| Financial charges | 65/66B | €14,656 | €12,751 | -€1,905 | -13.0% |
| Recurring financial charges | 65 | €14,656 | €12,751 | -€1,905 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€57,583 | -€36,183 | +€21,400 | +37.2% |
| Income taxes | 67/77 | €225 | €217 | -€8 | -3.5% |
| Profit (loss) for the period | 9904 | -€57,809 | -€36,400 | +€21,408 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,809 | -€36,400 | +€21,408 | +37.0% |
Next steps
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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 3 November 2026 via checked.be.