M&M Projectontwikkeling: 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 Projectontwikkeling
Largest movements
- Tangible fixed assets -€190,636
no longer reported in 2024 (was €190,636)
- Cash +€100,889
up €100,889 (+530,993%), from €19 to €100,908
mainly Investment in fixed assets (net) (+€190,636) and Net result for the year (+€42,258)
- Stocks and contracts +€65,045
new in 2024: €65,045
- Other debts -€66,800
down €66,800 (-33.0%), from €202,500 to €135,700
- Profit (loss) carried forward +€42,258
up €42,258, from -€5,352 to €36,906
- Gross operating margin +€68,211
up €68,211, from -€3,036 to €65,175
- Purchases and services -€3,036
no longer reported in 2024 (was €3,036)
- Depreciation -€1,101
no longer reported in 2024 (was €1,101)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,342 | €172,607 | -€24,735 | -12.5% |
| Fixed assets | 21/28 | €190,636 | - | -€190,636 | |
| Tangible fixed assets | 22/27 | €190,636 | - | -€190,636 | |
| Land and buildings | 22 | €190,636 | - | -€190,636 | |
| Current assets | 29/58 | €6,707 | €172,607 | +€165,900 | +2,474% |
| Stocks and contracts in progress | 3 | - | €65,045 | +€65,045 | |
| Contracts in progress | 37 | - | €65,045 | +€65,045 | |
| Amounts receivable within one year | 40/41 | €6,688 | €6,654 | -€34 | -0.5% |
| Other amounts receivable | 41 | €6,688 | €6,654 | -€34 | -0.5% |
| Cash at bank and in hand | 54/58 | €19 | €100,908 | +€100,889 | +530,993% |
| Total equity and liabilities | 10/49 | €197,342 | €172,607 | -€24,735 | -12.5% |
| Equity | 10/15 | -€5,351 | €36,907 | +€42,258 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,352 | €36,906 | +€42,258 | |
| Amounts payable | 17/49 | €202,694 | €135,700 | -€66,994 | -33.1% |
| Amounts payable within one year | 42/48 | €202,694 | €135,700 | -€66,994 | -33.1% |
| Trade debts | 44 | €194 | - | -€194 | |
| Suppliers | 440/4 | €194 | - | -€194 | |
| Other amounts payable | 47/48 | €202,500 | €135,700 | -€66,800 | -33.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,036 | - | -€3,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101 | - | -€1,101 | |
| Other operating charges | 640/8 | €1,215 | €598 | -€617 | -50.8% |
| Non-recurring operating charges | 66A | - | €21,961 | +€21,961 | |
| Gross operating margin | 9900 | -€3,036 | €65,175 | +€68,211 | |
| Operating profit (loss) | 9901 | -€5,352 | €42,616 | +€47,968 | |
| Financial charges | 65/66B | €0 | €358 | +€358 | +238,613% |
| Recurring financial charges | 65 | €0 | €358 | +€358 | +238,613% |
| Profit (loss) for the period before taxes | 9903 | -€5,352 | €42,258 | +€47,610 | |
| Profit (loss) for the period | 9904 | -€5,352 | €42,258 | +€47,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,352 | €42,258 | +€47,610 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.