MM ACCOUNTANCY: 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.
MM ACCOUNTANCY
Largest movements
- Cash +€38,694
up €38,694 (+552%), from €7,012 to €45,706
mainly Net result for the year (+€54,728) and Tax, wage and social debts (+€16,536)
- Receivables within one year +€37,094
up €37,094 (+254%), from €14,594 to €51,688
of which Trade receivables: +€37,204
- Profit (loss) carried forward +€41,728
up €41,728 (+16,691,044%), from €0 to €41,728
- Tax, wage and social debts +€16,536
up €16,536 (+219%), from €7,548 to €24,084
- Reserves +€13,000
up €13,000 (+104%), from €12,449 to €25,449
- Trade debts +€3,976
up €3,976 (+360%), from €1,104 to €5,080
- Gross operating margin +€53,368
up €53,368 (+287%), from €18,571 to €71,939
- Taxes +€11,890
up €11,890 (+240%), from €4,946 to €16,836
- Depreciation -€1,137
no longer reported in 2025 (was €1,137)
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 | €22,150 | €98,318 | +€76,168 | +344% |
| Current assets | 29/58 | €22,150 | €98,318 | +€76,168 | +344% |
| Amounts receivable within one year | 40/41 | €14,594 | €51,688 | +€37,094 | +254% |
| Trade receivables | 40 | €14,472 | €51,676 | +€37,204 | +257% |
| Other amounts receivable | 41 | €121 | €12 | -€110 | -90.4% |
| Cash at bank and in hand | 54/58 | €7,012 | €45,706 | +€38,694 | +552% |
| Deferred charges and accrued income | 490/1 | €545 | €924 | +€379 | +69.6% |
| Total equity and liabilities | 10/49 | €22,150 | €98,318 | +€76,168 | +344% |
| Equity | 10/15 | €13,449 | €68,177 | +€54,728 | +407% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,449 | €25,449 | +€13,000 | +104% |
| Distributable reserves | 133 | €12,449 | €25,449 | +€13,000 | +104% |
| Profit (loss) carried forward | 14 | €0 | €41,728 | +€41,728 | +16,691,044% |
| Amounts payable | 17/49 | €8,701 | €30,141 | +€21,440 | +246% |
| Amounts payable within one year | 42/48 | €8,701 | €30,141 | +€21,440 | +246% |
| Trade debts | 44 | €1,104 | €5,080 | +€3,976 | +360% |
| Suppliers | 440/4 | €1,104 | €5,080 | +€3,976 | +360% |
| Taxes, remuneration and social security | 45 | €7,548 | €24,084 | +€16,536 | +219% |
| Taxes | 450/3 | €7,548 | €24,084 | +€16,536 | +219% |
| Other amounts payable | 47/48 | €50 | €978 | +€928 | +1,856% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,137 | - | -€1,137 | |
| Other operating charges | 640/8 | €81 | €322 | +€241 | +296% |
| Gross operating margin | 9900 | €18,571 | €71,939 | +€53,368 | +287% |
| Operating profit (loss) | 9901 | €17,353 | €71,617 | +€54,264 | +313% |
| Financial income | 75/76B | €106 | - | -€106 | |
| Recurring financial income | 75 | €106 | - | -€106 | |
| Financial charges | 65/66B | €64 | €54 | -€10 | -15.0% |
| Recurring financial charges | 65 | €64 | €54 | -€10 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €17,395 | €71,563 | +€54,168 | +311% |
| Income taxes | 67/77 | €4,946 | €16,836 | +€11,890 | +240% |
| Profit (loss) for the period | 9904 | €12,449 | €54,728 | +€42,278 | +340% |
| Profit (loss) for the period to be appropriated | 9905 | €12,449 | €54,728 | +€42,278 | +340% |
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 19 October 2026 via checked.be.