M.M. TEAM: 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. TEAM
Largest movements
- Cash -€3,697
down €3,697 (-89.1%), from €4,152 to €455
mainly Net result for the year (-€6,251) and Investment in fixed assets (net) (-€1,735)
- Receivables within one year +€1,668
up €1,668 (+50.8%), from €3,282 to €4,950
of which Trade receivables: +€2,136
- Tangible fixed assets +€1,234
up €1,234 (+328%), from €376 to €1,610
- Deferred charges and accrued income +€149
new in 2025: €149
- Profit (loss) carried forward -€6,251
down €6,251 (-34.6%), from -€18,052 to -€24,302
- Other debts +€4,892
up €4,892 (+1,835%), from €267 to €5,158
- Trade debts +€1,263
up €1,263 (+27.5%), from €4,594 to €5,857
- Tax, wage and social debts -€550
no longer reported in 2025 (was €550)
- Financial income -€4,516
down €4,516 (-100.0%), from €4,517 to €1
of which Non-recurring financial income: -€4,515
- Gross operating margin +€2,390
up €2,390 (+32.4%), from -€7,389 to -€4,998
- Depreciation -€339
down €339 (-40.4%), from €840 to €501
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 | €7,810 | €7,164 | -€646 | -8.3% |
| Fixed assets | 21/28 | €376 | €1,610 | +€1,234 | +328% |
| Tangible fixed assets | 22/27 | €376 | €1,610 | +€1,234 | +328% |
| Furniture and vehicles | 24 | €376 | €1,610 | +€1,234 | +328% |
| Current assets | 29/58 | €7,434 | €5,554 | -€1,880 | -25.3% |
| Amounts receivable within one year | 40/41 | €3,282 | €4,950 | +€1,668 | +50.8% |
| Trade receivables | 40 | €1,543 | €3,679 | +€2,136 | +138% |
| Other amounts receivable | 41 | €1,739 | €1,271 | -€468 | -26.9% |
| Cash at bank and in hand | 54/58 | €4,152 | €455 | -€3,697 | -89.1% |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €7,810 | €7,164 | -€646 | -8.3% |
| Equity | 10/15 | €2,399 | -€3,851 | -€6,251 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,052 | -€24,302 | -€6,251 | -34.6% |
| Amounts payable | 17/49 | €5,411 | €11,015 | +€5,605 | +104% |
| Amounts payable within one year | 42/48 | €5,411 | €11,015 | +€5,605 | +104% |
| Trade debts | 44 | €4,594 | €5,857 | +€1,263 | +27.5% |
| Suppliers | 440/4 | €4,594 | €5,857 | +€1,263 | +27.5% |
| Taxes, remuneration and social security | 45 | €550 | - | -€550 | |
| Taxes | 450/3 | €550 | - | -€550 | |
| Other amounts payable | 47/48 | €267 | €5,158 | +€4,892 | +1,835% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840 | €501 | -€339 | -40.4% |
| Other operating charges | 640/8 | €506 | €463 | -€43 | -8.5% |
| Gross operating margin | 9900 | -€7,389 | -€4,998 | +€2,390 | +32.4% |
| Operating profit (loss) | 9901 | -€8,734 | -€5,962 | +€2,772 | +31.7% |
| Financial income | 75/76B | €4,517 | €1 | -€4,516 | -100.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -46.5% |
| Non-recurring financial income | 76B | €4,515 | - | -€4,515 | |
| Financial charges | 65/66B | €324 | €290 | -€35 | -10.7% |
| Recurring financial charges | 65 | €324 | €290 | -€35 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,541 | -€6,251 | -€1,709 | -37.6% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -11.1% |
| Profit (loss) for the period | 9904 | -€4,541 | -€6,251 | -€1,709 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,541 | -€6,251 | -€1,709 | -37.6% |
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 22 October 2026 via checked.be.