M&M CONSTRUCTION GÉNÉRALE: 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 CONSTRUCTION GÉNÉRALE
Largest movements
- Receivables within one year +€18,635
up €18,635 (+666%), from €2,800 to €21,434
of which Trade receivables: +€14,709
- Cash -€7,655
down €7,655 (-70.6%), from €10,850 to €3,195
mainly Receivables within one year (-€18,635) and Debts after one year (-€3,250)
- Tangible fixed assets -€4,027
down €4,027 (-30.7%), from €13,125 to €9,099
- Advances received +€8,939
up €8,939 (+149%), from €5,981 to €14,920
- Trade debts +€4,693
up €4,693 (+1,939%), from €242 to €4,935
- Debts after one year -€3,250
down €3,250 (-28.5%), from €11,405 to €8,155
- Tax, wage and social debts -€1,953
no longer reported in 2025 (was €1,953)
- Profit (loss) carried forward -€1,704
down €1,704 (-211%), from -€807 to -€2,511
- Gross operating margin +€1,148
up €1,148 (+40.9%), from €2,806 to €3,954
- Depreciation +€1,045
up €1,045 (+35.1%), from €2,982 to €4,027
- Other operating charges +€478
up €478 (+265%), from €180 to €658
- Financial charges +€476
up €476 (+95.8%), from €497 to €973
- Financial income -€46
down €46 (-99.9%), from €46 to €0
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 | €26,775 | €33,728 | +€6,953 | +26.0% |
| Fixed assets | 21/28 | €13,125 | €9,099 | -€4,027 | -30.7% |
| Tangible fixed assets | 22/27 | €13,125 | €9,099 | -€4,027 | -30.7% |
| Furniture and vehicles | 24 | €13,125 | €9,099 | -€4,027 | -30.7% |
| Current assets | 29/58 | €13,649 | €24,629 | +€10,980 | +80.4% |
| Amounts receivable within one year | 40/41 | €2,800 | €21,434 | +€18,635 | +666% |
| Trade receivables | 40 | €400 | €15,109 | +€14,709 | +3,677% |
| Other amounts receivable | 41 | €2,400 | €6,325 | +€3,926 | +164% |
| Cash at bank and in hand | 54/58 | €10,850 | €3,195 | -€7,655 | -70.6% |
| Total equity and liabilities | 10/49 | €26,775 | €33,728 | +€6,953 | +26.0% |
| Equity | 10/15 | €4,193 | €2,489 | -€1,704 | -40.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€807 | -€2,511 | -€1,704 | -211% |
| Amounts payable | 17/49 | €22,581 | €31,239 | +€8,657 | +38.3% |
| Amounts payable after more than one year | 17 | €11,405 | €8,155 | -€3,250 | -28.5% |
| Financial debts | 170/4 | €11,405 | €8,155 | -€3,250 | -28.5% |
| Amounts payable within one year | 42/48 | €11,176 | €23,084 | +€11,907 | +107% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €3,229 | +€229 | +7.6% |
| Trade debts | 44 | €242 | €4,935 | +€4,693 | +1,939% |
| Suppliers | 440/4 | €242 | €4,935 | +€4,693 | +1,939% |
| Advances received on contracts in progress | 46 | €5,981 | €14,920 | +€8,939 | +149% |
| Taxes, remuneration and social security | 45 | €1,953 | - | -€1,953 | |
| Taxes | 450/3 | €1,953 | - | -€1,953 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,982 | €4,027 | +€1,045 | +35.1% |
| Other operating charges | 640/8 | €180 | €658 | +€478 | +265% |
| Gross operating margin | 9900 | €2,806 | €3,954 | +€1,148 | +40.9% |
| Operating profit (loss) | 9901 | -€356 | -€731 | -€375 | -105% |
| Financial income | 75/76B | €46 | €0 | -€46 | -99.9% |
| Recurring financial income | 75 | €46 | €0 | -€46 | -99.9% |
| Financial charges | 65/66B | €497 | €973 | +€476 | +95.8% |
| Recurring financial charges | 65 | €497 | €973 | +€476 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | -€807 | -€1,704 | -€898 | -111% |
| Profit (loss) for the period | 9904 | -€807 | -€1,704 | -€898 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€807 | -€1,704 | -€898 | -111% |
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 30 October 2026 via checked.be.