MM Cie: 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 Cie
Largest movements
- Current investments -€14,542
no longer reported in 2025 (was €14,542)
- Cash +€13,605
up €13,605 (+213%), from €6,401 to €20,006
mainly Other debts (+€30,405) and Net result for the year (+€22,771)
- Intangible fixed assets -€6,500
down €6,500 (-18.4%), from €35,278 to €28,778
- Tangible fixed assets -€3,232
down €3,232 (-13.7%), from €23,614 to €20,382
of which Plant, machinery and equipment: -€3,819
- Other debts +€30,405
up €30,405 (+275%), from €11,072 to €41,477
- Reserves -€21,884
down €21,884 (-60.1%), from €36,384 to €14,500
- Current portion of long-term debt -€13,635
no longer reported in 2025 (was €13,635)
- Trade debts -€12,180
down €12,180 (-94.6%), from €12,876 to €696
- Tax, wage and social debts +€6,625
up €6,625 (+764%), from €868 to €7,493
- Gross operating margin +€8,948
up €8,948 (+24.1%), from €37,203 to €46,150
- Taxes +€1,938
up €1,938 (+39.8%), from €4,868 to €6,806
- Depreciation +€996
up €996 (+7.2%), from €13,798 to €14,794
- Financial charges -€621
down €621 (-39.5%), from €1,574 to €953
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 | €79,834 | €69,166 | -€10,669 | -13.4% |
| Fixed assets | 21/28 | €58,892 | €49,160 | -€9,732 | -16.5% |
| Intangible fixed assets | 21 | €35,278 | €28,778 | -€6,500 | -18.4% |
| Tangible fixed assets | 22/27 | €23,614 | €20,382 | -€3,232 | -13.7% |
| Plant, machinery and equipment | 23 | €18,025 | €14,205 | -€3,819 | -21.2% |
| Other tangible fixed assets | 26 | €5,589 | €6,177 | +€587 | +10.5% |
| Current assets | 29/58 | €20,943 | €20,006 | -€937 | -4.5% |
| Current investments | 50/53 | €14,542 | - | -€14,542 | |
| Cash at bank and in hand | 54/58 | €6,401 | €20,006 | +€13,605 | +213% |
| Total equity and liabilities | 10/49 | €79,834 | €69,166 | -€10,669 | -13.4% |
| Equity | 10/15 | €41,384 | €19,500 | -€21,884 | -52.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,384 | €14,500 | -€21,884 | -60.1% |
| Distributable reserves | 133 | €36,384 | €14,500 | -€21,884 | -60.1% |
| Amounts payable | 17/49 | €38,450 | €49,666 | +€11,216 | +29.2% |
| Amounts payable within one year | 42/48 | €38,450 | €49,666 | +€11,216 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €13,635 | - | -€13,635 | |
| Trade debts | 44 | €12,876 | €696 | -€12,180 | -94.6% |
| Suppliers | 440/4 | €12,876 | €696 | -€12,180 | -94.6% |
| Taxes, remuneration and social security | 45 | €868 | €7,493 | +€6,625 | +764% |
| Taxes | 450/3 | €868 | €7,493 | +€6,625 | +764% |
| Other amounts payable | 47/48 | €11,072 | €41,477 | +€30,405 | +275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,798 | €14,794 | +€996 | +7.2% |
| Other operating charges | 640/8 | €688 | €866 | +€178 | +25.8% |
| Gross operating margin | 9900 | €37,203 | €46,150 | +€8,948 | +24.1% |
| Operating profit (loss) | 9901 | €22,716 | €30,490 | +€7,774 | +34.2% |
| Financial income | 75/76B | €42 | €40 | -€2 | -4.2% |
| Recurring financial income | 75 | €42 | €40 | -€2 | -4.2% |
| Financial charges | 65/66B | €1,574 | €953 | -€621 | -39.5% |
| Recurring financial charges | 65 | €1,574 | €953 | -€621 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €21,184 | €29,577 | +€8,393 | +39.6% |
| Income taxes | 67/77 | €4,868 | €6,806 | +€1,938 | +39.8% |
| Profit (loss) for the period | 9904 | €16,316 | €22,771 | +€6,455 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,316 | €22,771 | +€6,455 | +39.6% |
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 14 October 2026 via checked.be.