MM CONSULTING: 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 CONSULTING
Largest movements
- Cash +€37,674
up €37,674 (+51.5%), from €73,151 to €110,825
mainly Net result for the year (+€32,478) and Other debts (+€24,325)
- Receivables within one year -€20,575
down €20,575 (-58.8%), from €34,977 to €14,402
of which Other amounts receivable: -€21,567
- Tangible fixed assets -€10,740
down €10,740 (-13.1%), from €82,195 to €71,455
of which Land and buildings: -€10,800
- Other debts +€24,325
up €24,325 (+10155.4%), from €240 to €24,565
- Debts after one year -€13,624
down €13,624 (-75.0%), from €18,165 to €4,541
- Reserves -€4,888
down €4,888 (-3.4%), from €142,061 to €137,172
- Tax, wage and social debts +€2,011
up €2,011 (+18.6%), from €10,821 to €12,831
of which Remuneration and social security: +€2,510
- Gross operating margin +€15,944
up €15,944 (+34.9%), from €45,748 to €61,693
- Taxes +€4,100
up €4,100 (+43.4%), from €9,457 to €13,557
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 | €191,334 | €198,356 | +€7,022 | +3.7% |
| Fixed assets | 21/28 | €82,195 | €71,455 | -€10,740 | -13.1% |
| Tangible fixed assets | 22/27 | €82,195 | €71,455 | -€10,740 | -13.1% |
| Land and buildings | 22 | €64,800 | €54,000 | -€10,800 | -16.7% |
| Plant, machinery and equipment | 23 | €17,395 | €14,981 | -€2,413 | -13.9% |
| Furniture and vehicles | 24 | €0 | €2,473 | +€2,473 | |
| Current assets | 29/58 | €109,139 | €126,901 | +€17,762 | +16.3% |
| Amounts receivable within one year | 40/41 | €34,977 | €14,402 | -€20,575 | -58.8% |
| Trade receivables | 40 | €13,271 | €14,263 | +€992 | +7.5% |
| Other amounts receivable | 41 | €21,706 | €139 | -€21,567 | -99.4% |
| Cash at bank and in hand | 54/58 | €73,151 | €110,825 | +€37,674 | +51.5% |
| Deferred charges and accrued income | 490/1 | €1,012 | €1,675 | +€663 | +65.5% |
| Total equity and liabilities | 10/49 | €191,334 | €198,356 | +€7,022 | +3.7% |
| Equity | 10/15 | €142,061 | €137,172 | -€4,888 | -3.4% |
| Reserves | 13 | €142,061 | €137,172 | -€4,888 | -3.4% |
| Distributable reserves | 133 | €142,061 | €137,172 | -€4,888 | -3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,273 | €61,183 | +€11,910 | +24.2% |
| Amounts payable after more than one year | 17 | €18,165 | €4,541 | -€13,624 | -75.0% |
| Financial debts | 170/4 | €18,165 | €4,541 | -€13,624 | -75.0% |
| Amounts payable within one year | 42/48 | €31,108 | €56,642 | +€25,534 | +82.1% |
| Current portion of amounts payable after more than one year | 42 | €13,624 | €13,624 | = | 0.0% |
| Trade debts | 44 | €6,424 | €5,622 | -€802 | -12.5% |
| Suppliers | 440/4 | €6,424 | €5,622 | -€802 | -12.5% |
| Taxes, remuneration and social security | 45 | €10,821 | €12,831 | +€2,011 | +18.6% |
| Taxes | 450/3 | €10,369 | €9,869 | -€499 | -4.8% |
| Remuneration and social security | 454/9 | €452 | €2,962 | +€2,510 | +555.7% |
| Other amounts payable | 47/48 | €240 | €24,565 | +€24,325 | +10155.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,894 | €13,632 | -€262 | -1.9% |
| Other operating charges | 640/8 | €1,958 | €2,254 | +€295 | +15.1% |
| Non-recurring operating charges | 66A | €256 | €0 | -€256 | -100.0% |
| Gross operating margin | 9900 | €45,748 | €61,693 | +€15,944 | +34.9% |
| Operating profit (loss) | 9901 | €29,641 | €45,807 | +€16,166 | +54.5% |
| Financial income | 75/76B | €1,254 | €862 | -€392 | -31.2% |
| Recurring financial income | 75 | €1,254 | €862 | -€392 | -31.2% |
| Financial charges | 65/66B | €907 | €635 | -€272 | -30.0% |
| Recurring financial charges | 65 | €907 | €635 | -€272 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €29,988 | €46,035 | +€16,046 | +53.5% |
| Income taxes | 67/77 | €9,457 | €13,557 | +€4,100 | +43.4% |
| Profit (loss) for the period | 9904 | €20,531 | €32,478 | +€11,946 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,531 | €32,478 | +€11,946 | +58.2% |
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 11 October 2026 via checked.be.