M&M CORP: 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 CORP
Largest movements
- Receivables within one year -€16,679
down €16,679 (-91.9%), from €18,149 to €1,470
of which Trade receivables: -€14,334
- Cash -€13,436
down €13,436 (-32.5%), from €41,304 to €27,868
mainly Other debts (-€17,500) and Investment in fixed assets (net) (-€13,388)
- Tangible fixed assets +€8,926
new in 2025: €8,926
- Other debts -€17,500
no longer reported in 2025 (was €17,500)
- Profit (loss) carried forward -€8,690
down €8,690 (-41.6%), from €20,899 to €12,210
- Trade debts +€3,667
up €3,667 (+435%), from €844 to €4,511
- Tax, wage and social debts +€1,332
new in 2025: €1,332
- Depreciation +€4,463
new in 2025: €4,463
- Gross operating margin -€3,942
down €3,942, from €3,105 to -€837
- Other operating charges +€1,975
up €1,975 (+347%), from €570 to €2,544
- Taxes +€735
new in 2025: €735
- Financial charges -€221
down €221 (-66.6%), from €332 to €111
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 | €59,703 | €38,514 | -€21,190 | -35.5% |
| Fixed assets | 21/28 | €250 | €9,176 | +€8,926 | +3,570% |
| Tangible fixed assets | 22/27 | - | €8,926 | +€8,926 | |
| Furniture and vehicles | 24 | - | €8,926 | +€8,926 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €59,453 | €29,338 | -€30,115 | -50.7% |
| Amounts receivable within one year | 40/41 | €18,149 | €1,470 | -€16,679 | -91.9% |
| Trade receivables | 40 | €14,334 | - | -€14,334 | |
| Other amounts receivable | 41 | €3,816 | €1,470 | -€2,346 | -61.5% |
| Cash at bank and in hand | 54/58 | €41,304 | €27,868 | -€13,436 | -32.5% |
| Total equity and liabilities | 10/49 | €59,703 | €38,514 | -€21,190 | -35.5% |
| Equity | 10/15 | €41,359 | €32,670 | -€8,690 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,899 | €12,210 | -€8,690 | -41.6% |
| Amounts payable | 17/49 | €18,344 | €5,844 | -€12,500 | -68.1% |
| Amounts payable within one year | 42/48 | €18,344 | €5,844 | -€12,500 | -68.1% |
| Trade debts | 44 | €844 | €4,511 | +€3,667 | +435% |
| Suppliers | 440/4 | €844 | €4,511 | +€3,667 | +435% |
| Taxes, remuneration and social security | 45 | - | €1,332 | +€1,332 | |
| Taxes | 450/3 | - | €1,332 | +€1,332 | |
| Other amounts payable | 47/48 | €17,500 | - | -€17,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,463 | +€4,463 | |
| Other operating charges | 640/8 | €570 | €2,544 | +€1,975 | +347% |
| Gross operating margin | 9900 | €3,105 | -€837 | -€3,942 | |
| Operating profit (loss) | 9901 | €2,536 | -€7,844 | -€10,380 | |
| Financial charges | 65/66B | €332 | €111 | -€221 | -66.6% |
| Recurring financial charges | 65 | €332 | €111 | -€221 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €2,204 | -€7,955 | -€10,158 | |
| Income taxes | 67/77 | - | €735 | +€735 | |
| Profit (loss) for the period | 9904 | €2,204 | -€8,690 | -€10,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,204 | -€8,690 | -€10,893 |
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 16 October 2026 via checked.be.