M & M DESIGN: 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 DESIGN
Largest movements
- Receivables within one year +€9,878
up €9,878 (+12.3%), from €80,452 to €90,330
of which Other amounts receivable: +€6,374
- Tangible fixed assets -€2,453
down €2,453 (-37.1%), from €6,621 to €4,168
of which Plant, machinery and equipment: -€1,899
- Cash -€2,214
no longer reported in 2026 (was €2,214)
mainly Net result for the year (-€36,179) and Receivables within one year (-€9,878)
- Profit (loss) carried forward -€36,179
new in 2026: -€36,179
- Trade debts +€19,735
up €19,735 (+873%), from €2,260 to €21,995
- Short-term financial debts +€13,265
new in 2026: €13,265
- Advances received +€10,744
up €10,744 (+153%), from €7,003 to €17,747
- Tax, wage and social debts -€6,951
down €6,951 (-57.3%), from €12,121 to €5,170
- Gross operating margin -€37,815
down €37,815, from €5,533 to -€32,282
- Taxes -€818
no longer reported in 2026 (was €818)
- Financial charges +€660
up €660 (+104%), from €634 to €1,294
- Depreciation +€370
up €370 (+17.8%), from €2,083 to €2,453
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,746 | €97,957 | +€5,211 | +5.6% |
| Fixed assets | 21/28 | €6,621 | €4,168 | -€2,453 | -37.1% |
| Tangible fixed assets | 22/27 | €6,621 | €4,168 | -€2,453 | -37.1% |
| Plant, machinery and equipment | 23 | €4,709 | €2,811 | -€1,899 | -40.3% |
| Furniture and vehicles | 24 | €1,912 | €1,357 | -€554 | -29.0% |
| Current assets | 29/58 | €86,125 | €93,789 | +€7,664 | +8.9% |
| Amounts receivable within one year | 40/41 | €80,452 | €90,330 | +€9,878 | +12.3% |
| Trade receivables | 40 | €13,086 | €16,590 | +€3,504 | +26.8% |
| Other amounts receivable | 41 | €67,366 | €73,740 | +€6,374 | +9.5% |
| Cash at bank and in hand | 54/58 | €2,214 | - | -€2,214 | |
| Deferred charges and accrued income | 490/1 | €3,460 | €3,460 | = | 0.0% |
| Total equity and liabilities | 10/49 | €92,746 | €97,957 | +€5,211 | +5.6% |
| Equity | 10/15 | €58,259 | €22,080 | -€36,179 | -62.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,659 | €39,659 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,022 | €2,022 | = | 0.0% |
| Legal reserve | 130 | €2,022 | €2,022 | = | 0.0% |
| Distributable reserves | 133 | €37,637 | €37,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,179 | -€36,179 | |
| Amounts payable | 17/49 | €34,487 | €75,877 | +€41,390 | +120% |
| Amounts payable after more than one year | 17 | - | €4,500 | +€4,500 | |
| Financial debts | 170/4 | - | €4,500 | +€4,500 | |
| Amounts payable within one year | 42/48 | €30,907 | €67,701 | +€36,794 | +119% |
| Financial debts | 43 | - | €13,265 | +€13,265 | |
| Credit institutions | 430/8 | - | €13,265 | +€13,265 | |
| Trade debts | 44 | €2,260 | €21,995 | +€19,735 | +873% |
| Suppliers | 440/4 | €2,260 | €21,995 | +€19,735 | +873% |
| Advances received on contracts in progress | 46 | €7,003 | €17,747 | +€10,744 | +153% |
| Taxes, remuneration and social security | 45 | €12,121 | €5,170 | -€6,951 | -57.3% |
| Taxes | 450/3 | €12,121 | €5,170 | -€6,951 | -57.3% |
| Other amounts payable | 47/48 | €9,523 | €9,523 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,580 | €3,676 | +€96 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,083 | €2,453 | +€370 | +17.8% |
| Other operating charges | 640/8 | €63 | €150 | +€87 | +139% |
| Gross operating margin | 9900 | €5,533 | -€32,282 | -€37,815 | |
| Operating profit (loss) | 9901 | €3,387 | -€34,885 | -€38,272 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €634 | €1,294 | +€660 | +104% |
| Recurring financial charges | 65 | €634 | €1,294 | +€660 | +104% |
| Profit (loss) for the period before taxes | 9903 | €2,754 | -€36,179 | -€38,933 | |
| Income taxes | 67/77 | €818 | - | -€818 | |
| Profit (loss) for the period | 9904 | €1,937 | -€36,179 | -€38,115 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,937 | -€36,179 | -€38,115 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.