M&M Construct Algemene Onderneming: 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.
M&M Construct Algemene Onderneming
Largest movements
- Receivables within one year +€120,836
up €120,836 (+78.1%), from €154,717 to €275,553
of which Other amounts receivable: +€155,459
- Deferred charges and accrued income -€93,359
down €93,359 (-89.7%), from €104,103 to €10,744
- Tangible fixed assets +€12,986
up €12,986 (+16.8%), from €77,160 to €90,146
- Cash -€9,886
down €9,886 (-28.0%), from €35,330 to €25,444
mainly Receivables within one year (-€120,836) and Investment in fixed assets (net) (-€45,744)
- Current portion of long-term debt +€47,195
new in 2025: €47,195
- Tax, wage and social debts -€35,351
down €35,351 (-22.6%), from €156,593 to €121,242
of which Taxes: -€61,406
- Profit (loss) carried forward +€23,733
up €23,733 (+11.5%), from €205,617 to €229,350
- Accrued charges and deferred income -€5,000
no longer reported in 2025 (was €5,000)
- Turnover -€168,027
down €168,027 (-10.5%), from €1.6m to €1.4m
- Gross operating margin -€106,593
down €106,593 (-11.1%), from €962,827 to €856,234
- Purchases and services -€79,985
down €79,985 (-10.5%), from €763,449 to €683,464
- Staff costs -€70,174
down €70,174 (-8.9%), from €786,191 to €716,017
- Depreciation +€29,538
up €29,538 (+918%), from €3,219 to €32,757
From the 2024 result to the 2025 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,310 | €401,888 | +€30,577 | +8.2% |
| Fixed assets | 21/28 | €77,160 | €90,146 | +€12,986 | +16.8% |
| Tangible fixed assets | 22/27 | €77,160 | €90,146 | +€12,986 | +16.8% |
| Furniture and vehicles | 24 | €77,160 | €90,146 | +€12,986 | +16.8% |
| Current assets | 29/58 | €294,150 | €311,741 | +€17,591 | +6.0% |
| Amounts receivable within one year | 40/41 | €154,717 | €275,553 | +€120,836 | +78.1% |
| Trade receivables | 40 | €104,271 | €69,647 | -€34,624 | -33.2% |
| Other amounts receivable | 41 | €50,446 | €205,906 | +€155,459 | +308% |
| Cash at bank and in hand | 54/58 | €35,330 | €25,444 | -€9,886 | -28.0% |
| Deferred charges and accrued income | 490/1 | €104,103 | €10,744 | -€93,359 | -89.7% |
| Total equity and liabilities | 10/49 | €371,310 | €401,888 | +€30,577 | +8.2% |
| Equity | 10/15 | €209,717 | €233,450 | +€23,733 | +11.3% |
| Contributions | 10/11 | €4,100 | €4,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,617 | €229,350 | +€23,733 | +11.5% |
| Amounts payable | 17/49 | €161,593 | €168,437 | +€6,844 | +4.2% |
| Amounts payable within one year | 42/48 | €156,593 | €168,437 | +€11,844 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | - | €47,195 | +€47,195 | |
| Suppliers | 440/4 | €0 | - | = | |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €156,593 | €121,242 | -€35,351 | -22.6% |
| Taxes | 450/3 | €152,080 | €90,674 | -€61,406 | -40.4% |
| Remuneration and social security | 454/9 | €4,513 | €30,568 | +€26,055 | +577% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Turnover | 70 | €1,594,454 | €1,426,427 | -€168,027 | -10.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €763,449 | €683,464 | -€79,985 | -10.5% |
| Remuneration, social security and pensions | 62 | €786,191 | €716,017 | -€70,174 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,219 | €32,757 | +€29,538 | +918% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€15,000 | - | +€15,000 | |
| Other operating charges | 640/8 | €38,816 | €34,259 | -€4,557 | -11.7% |
| Gross operating margin | 9900 | €962,827 | €856,234 | -€106,593 | -11.1% |
| Operating profit (loss) | 9901 | €149,601 | €73,202 | -€76,399 | -51.1% |
| Financial income | 75/76B | €2,598 | €9,046 | +€6,448 | +248% |
| Recurring financial income | 75 | €2,598 | €9,046 | +€6,448 | +248% |
| Financial charges | 65/66B | €5,057 | €12,368 | +€7,311 | +145% |
| Recurring financial charges | 65 | €5,057 | €12,368 | +€7,311 | +145% |
| Profit (loss) for the period before taxes | 9903 | €147,143 | €69,880 | -€77,262 | -52.5% |
| Income taxes | 67/77 | €48,013 | €46,147 | -€1,866 | -3.9% |
| Profit (loss) for the period | 9904 | €99,129 | €23,733 | -€75,396 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €99,129 | €23,733 | -€75,396 | -76.1% |
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 21 October 2026 via checked.be.