MFM & Co: 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.
MFM & Co
Largest movements
- Cash -€7
down €7 (-9.5%), from €70 to €63
mainly Trade debts (-€602) and Other debts (-€118)
- Trade debts -€602
down €602 (-78.0%), from €772 to €170
- Profit (loss) carried forward +€581
up €581 (+0.8%), from -€69,398 to -€68,817
- Tax, wage and social debts +€133
up €133 (+104%), from €128 to €261
- Other debts -€118
down €118 (-3.4%), from €3,468 to €3,350
- Depreciation -€1,609
no longer reported in 2025 (was €1,609)
- Gross operating margin +€347
up €347 (+33.6%), from €1,032 to €1,379
- Taxes +€176
up €176 (+138%), from €128 to €304
- Financial charges -€19
down €19 (-15.4%), from €126 to €107
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 | €70 | €63 | -€7 | -9.5% |
| Current assets | 29/58 | €70 | €63 | -€7 | -9.5% |
| Cash at bank and in hand | 54/58 | €70 | €63 | -€7 | -9.5% |
| Total equity and liabilities | 10/49 | €70 | €63 | -€7 | -9.5% |
| Equity | 10/15 | -€4,299 | -€3,719 | +€581 | +13.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,398 | -€68,817 | +€581 | +0.8% |
| Amounts payable | 17/49 | €4,369 | €3,781 | -€587 | -13.4% |
| Amounts payable within one year | 42/48 | €4,369 | €3,781 | -€587 | -13.4% |
| Trade debts | 44 | €772 | €170 | -€602 | -78.0% |
| Suppliers | 440/4 | €772 | €170 | -€602 | -78.0% |
| Taxes, remuneration and social security | 45 | €128 | €261 | +€133 | +104% |
| Taxes | 450/3 | €128 | €261 | +€133 | +104% |
| Other amounts payable | 47/48 | €3,468 | €3,350 | -€118 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,609 | - | -€1,609 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €1,032 | €1,379 | +€347 | +33.6% |
| Operating profit (loss) | 9901 | -€961 | €991 | +€1,953 | |
| Financial charges | 65/66B | €126 | €107 | -€19 | -15.4% |
| Recurring financial charges | 65 | €126 | €107 | -€19 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,087 | €885 | +€1,972 | |
| Income taxes | 67/77 | €128 | €304 | +€176 | +138% |
| Profit (loss) for the period | 9904 | -€1,215 | €581 | +€1,796 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,215 | €581 | +€1,796 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.