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M.M.B.: 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.

What changed

M.M.B.

BE 0445.845.454
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,127
2024 · -€833-€2,294
Equity
-€25,807
2024 · -€22,681-€3,127
Cash
€0
2024 · €24-€23
Balance sheet total
€74,540
2024 · €71,221+€3,319

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€3,340

    up €3,340 (+4.7%), from €71,001 to €74,341

Equity and liabilities
  • Other debts +€6,445

    up €6,445 (+6.9%), from €93,902 to €100,347

  • Profit (loss) carried forward -€3,127

    down €3,127 (-5.8%), from -€53,668 to -€56,794

Income statement
  • Gross operating margin -€2,441

    down €2,441 (-42.9%), from €5,694 to €3,253

  • Other operating charges -€186

    down €186 (-6.3%), from €2,961 to €2,776

  • Depreciation +€91

    up €91 (+2.6%), from €3,453 to €3,544

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 -€833
Gross operating margin -€2,441
Depreciation -€91
Other operating charges +€186
Financial charges +€53
Result 2025 -€3,127

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 +€6,861
Investment -€6,884
Financing €0
Cash 2024 €24
Net result for the year -€3,127
Depreciation +€3,544
Deferred charges and accrued income -€2
Other debts +€6,445
Investment in fixed assets (net) -€6,884
Cash 2025 €0
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €71,221 €74,540 +€3,319 +4.7%
Fixed assets 21/28 €71,001 €74,341 +€3,340 +4.7%
Tangible fixed assets 22/27 €71,001 €74,341 +€3,340 +4.7%
Land and buildings 22 €71,001 €74,341 +€3,340 +4.7%
Current assets 29/58 €220 €199 -€21 -9.6%
Cash at bank and in hand 54/58 €24 €0 -€23 -98.6%
Deferred charges and accrued income 490/1 €196 €198 +€2 +1.1%
Total equity and liabilities 10/49 €71,221 €74,540 +€3,319 +4.7%
Equity 10/15 -€22,681 -€25,807 -€3,127 -13.8%
Contributions 10/11 €30,987 €30,987 = 0.0%
Capital 10 €30,987 €30,987 = 0.0%
Issued capital 100 €30,987 €30,987 = 0.0%
Profit (loss) carried forward 14 -€53,668 -€56,794 -€3,127 -5.8%
Amounts payable 17/49 €93,902 €100,347 +€6,445 +6.9%
Amounts payable within one year 42/48 €93,902 €100,347 +€6,445 +6.9%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Other amounts payable 47/48 €93,902 €100,347 +€6,445 +6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,453 €3,544 +€91 +2.6%
Other operating charges 640/8 €2,961 €2,776 -€186 -6.3%
Gross operating margin 9900 €5,694 €3,253 -€2,441 -42.9%
Operating profit (loss) 9901 -€720 -€3,067 -€2,346 -325.8%
Financial charges 65/66B €113 €60 -€53 -46.8%
Recurring financial charges 65 €113 €60 -€53 -46.8%
Profit (loss) for the period before taxes 9903 -€833 -€3,127 -€2,294 -275.3%
Profit (loss) for the period 9904 -€833 -€3,127 -€2,294 -275.3%
Profit (loss) for the period to be appropriated 9905 -€833 -€3,127 -€2,294 -275.3%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.