M&M BUILDINGS: what changed
M&M BUILDINGS
Largest movements
- Stocks and contracts +€329,330
new in 2025: €329,330
- Tangible fixed assets -€9,083
down €9,083 (-2.7%), from €332,452 to €323,369
- Other debts +€321,269
up €321,269 (+206%), from €156,061 to €477,330
- Debts after one year -€16,817
down €16,817 (-9.5%), from €177,101 to €160,284
- Profit (loss) carried forward +€8,170
up €8,170 (+47.2%), from -€17,317 to -€9,147
- Gross operating margin +€37,864
up €37,864, from -€8,536 to €29,328
- Depreciation +€8,734
up €8,734 (+2,507%), from €348 to €9,083
- Financial charges +€5,480
up €5,480 (+348%), from €1,574 to €7,054
- Other operating charges +€964
up €964 (+23.8%), from €4,058 to €5,022
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 | €334,632 | €653,217 | +€318,586 | +95.2% |
| Fixed assets | 21/28 | €332,452 | €323,369 | -€9,083 | -2.7% |
| Tangible fixed assets | 22/27 | €332,452 | €323,369 | -€9,083 | -2.7% |
| Land and buildings | 22 | €332,452 | €323,369 | -€9,083 | -2.7% |
| Current assets | 29/58 | €2,180 | €329,848 | +€327,669 | +15,031% |
| Stocks and contracts in progress | 3 | - | €329,330 | +€329,330 | |
| Stocks | 30/36 | - | €329,330 | +€329,330 | |
| Amounts receivable within one year | 40/41 | €581 | €0 | -€581 | -100% |
| Trade receivables | 40 | €581 | €0 | -€581 | -100% |
| Cash at bank and in hand | 54/58 | €1,599 | €519 | -€1,081 | -67.6% |
| Total equity and liabilities | 10/49 | €334,632 | €653,217 | +€318,586 | +95.2% |
| Equity | 10/15 | -€14,317 | -€6,147 | +€8,170 | +57.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,317 | -€9,147 | +€8,170 | +47.2% |
| Amounts payable | 17/49 | €348,948 | €659,364 | +€310,416 | +89.0% |
| Amounts payable after more than one year | 17 | €177,101 | €160,284 | -€16,817 | -9.5% |
| Financial debts | 170/4 | €177,101 | €160,284 | -€16,817 | -9.5% |
| Amounts payable within one year | 42/48 | €171,847 | €499,080 | +€327,232 | +190% |
| Current portion of amounts payable after more than one year | 42 | €14,899 | €16,817 | +€1,918 | +12.9% |
| Trade debts | 44 | €887 | €4,933 | +€4,046 | +456% |
| Suppliers | 440/4 | €887 | €4,933 | +€4,046 | +456% |
| Other amounts payable | 47/48 | €156,061 | €477,330 | +€321,269 | +206% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348 | €9,083 | +€8,734 | +2,507% |
| Other operating charges | 640/8 | €4,058 | €5,022 | +€964 | +23.8% |
| Gross operating margin | 9900 | -€8,536 | €29,328 | +€37,864 | |
| Operating profit (loss) | 9901 | -€12,942 | €15,224 | +€28,166 | |
| Financial charges | 65/66B | €1,574 | €7,054 | +€5,480 | +348% |
| Recurring financial charges | 65 | €1,574 | €7,054 | +€5,480 | +348% |
| Profit (loss) for the period before taxes | 9903 | -€14,516 | €8,170 | +€22,686 | |
| Profit (loss) for the period | 9904 | -€14,516 | €8,170 | +€22,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,516 | €8,170 | +€22,686 |
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 3 November 2026 via checked.be.