M.M. TECHNIC: what changed
Two fiscal 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. TECHNIC
Largest movements
- Tangible fixed assets -€13,974
down €13,974 (-70.0%), from €19,977 to €6,003
of which Leasing and similar rights: -€17,550
- Cash -€8,264
down €8,264 (-54.3%), from €15,232 to €6,968
mainly Net result for the year (-€9,559) and Debts after one year (-€8,671)
- Receivables within one year +€6,398
up €6,398 (+371.0%), from €1,724 to €8,122
- Profit (loss) carried forward -€9,559
down €9,559 (-67.6%), from -€14,130 to -€23,688
- Debts after one year -€8,671
no longer reported in 2025 (was €8,671)
- Trade debts +€8,584
up €8,584 (+2455.2%), from €350 to €8,934
- Current portion of long-term debt -€3,389
no longer reported in 2025 (was €3,389)
- Tax, wage and social debts -€1,842
down €1,842 (-77.5%), from €2,376 to €534
- Gross operating margin -€14,552
down €14,552, from €10,979 to -€3,574
- Depreciation -€4,273
down €4,273 (-78.1%), from €5,469 to €1,196
- Taxes -€1,826
down €1,826 (-96.3%), from €1,896 to €70
- Financial charges -€368
down €368 (-20.4%), from €1,806 to €1,438
- Other operating charges -€260
down €260 (-48.7%), from €534 to €274
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.
Cash bridge derived
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 | €37,076 | €21,379 | -€15,697 | -42.3% |
| Fixed assets | 21/28 | €19,977 | €6,003 | -€13,974 | -70.0% |
| Tangible fixed assets | 22/27 | €19,977 | €6,003 | -€13,974 | -70.0% |
| Plant, machinery and equipment | 23 | €2,427 | €4,389 | +€1,962 | +80.9% |
| Furniture and vehicles | 24 | €0 | €1,614 | +€1,614 | |
| Leasing and similar rights | 25 | €17,550 | - | -€17,550 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €17,099 | €15,377 | -€1,723 | -10.1% |
| Amounts receivable within one year | 40/41 | €1,724 | €8,122 | +€6,398 | +371.0% |
| Trade receivables | 40 | €1,724 | €8,122 | +€6,398 | +371.0% |
| Cash at bank and in hand | 54/58 | €15,232 | €6,968 | -€8,264 | -54.3% |
| Deferred charges and accrued income | 490/1 | €143 | €287 | +€143 | +100.1% |
| Total equity and liabilities | 10/49 | €37,076 | €21,379 | -€15,697 | -42.3% |
| Equity | 10/15 | €20,575 | €11,017 | -€9,559 | -46.5% |
| Contributions | 10/11 | €34,705 | €34,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,130 | -€23,688 | -€9,559 | -67.6% |
| Amounts payable | 17/49 | €16,501 | €10,363 | -€6,138 | -37.2% |
| Amounts payable after more than one year | 17 | €8,671 | - | -€8,671 | |
| Financial debts | 170/4 | €8,671 | - | -€8,671 | |
| Amounts payable within one year | 42/48 | €7,830 | €10,363 | +€2,533 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €3,389 | - | -€3,389 | |
| Trade debts | 44 | €350 | €8,934 | +€8,584 | +2455.2% |
| Suppliers | 440/4 | €350 | €8,934 | +€8,584 | +2455.2% |
| Taxes, remuneration and social security | 45 | €2,376 | €534 | -€1,842 | -77.5% |
| Taxes | 450/3 | €2,376 | €534 | -€1,842 | -77.5% |
| Other amounts payable | 47/48 | €1,715 | €895 | -€820 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €1,196 | -€4,273 | -78.1% |
| Other operating charges | 640/8 | €534 | €274 | -€260 | -48.7% |
| Non-recurring operating charges | 66A | - | €3,007 | +€3,007 | |
| Gross operating margin | 9900 | €10,979 | -€3,574 | -€14,552 | |
| Operating profit (loss) | 9901 | €4,975 | -€8,051 | -€13,025 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,806 | €1,438 | -€368 | -20.4% |
| Recurring financial charges | 65 | €1,806 | €1,438 | -€368 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €3,169 | -€9,489 | -€12,658 | |
| Income taxes | 67/77 | €1,896 | €70 | -€1,826 | -96.3% |
| Profit (loss) for the period | 9904 | €1,273 | -€9,559 | -€10,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,273 | -€9,559 | -€10,832 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.