MM Founded I: 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 Founded I
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-39.2%), from €2.9m to €1.8m
- Deferred charges and accrued income +€336,140
new in 2025: €336,140
- Short-term financial debts -€1.4m
down €1.4m (-98.2%), from €1.4m to €25,252
- Reserves +€1.2m
up €1.2m (+18371.2%), from €6,518 to €1.2m
- Debts after one year -€562,052
down €562,052 (-44.1%), from €1.3m to €712,952
- Accrued charges and deferred income -€79,212
down €79,212 (-67.7%), from €116,936 to €37,724
- Gross operating margin +€1.6m
up €1.6m (+24510.8%), from €6,528 to €1.6m
- Taxes +€399,036
up €399,036 (+320433.5%), from €125 to €399,160
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 | €2,900,691 | €2,111,745 | -€788,946 | -27.2% |
| Current assets | 29/58 | €2,900,691 | €2,111,745 | -€788,946 | -27.2% |
| Stocks and contracts in progress | 3 | €2,900,691 | €1,763,378 | -€1.1m | -39.2% |
| Stocks | 30/36 | €2,900,691 | €1,763,378 | -€1.1m | -39.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | - | €12,227 | +€12,227 | |
| Deferred charges and accrued income | 490/1 | - | €336,140 | +€336,140 | |
| Total equity and liabilities | 10/49 | €2,900,691 | €2,111,745 | -€788,946 | -27.2% |
| Equity | 10/15 | €106,518 | €1,303,998 | +€1.2m | +1124.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €6,518 | €1,203,998 | +€1.2m | +18371.2% |
| Distributable reserves | 133 | €6,518 | €1,203,998 | +€1.2m | +18371.2% |
| Amounts payable | 17/49 | €2,794,173 | €807,747 | -€2.0m | -71.1% |
| Amounts payable after more than one year | 17 | €1,275,004 | €712,952 | -€562,052 | -44.1% |
| Financial debts | 170/4 | €1,275,004 | €712,952 | -€562,052 | -44.1% |
| Amounts payable within one year | 42/48 | €1,402,233 | €57,071 | -€1.3m | -95.9% |
| Financial debts | 43 | €1,390,560 | €25,252 | -€1.4m | -98.2% |
| Credit institutions | 430/8 | €1,390,560 | €25,252 | -€1.4m | -98.2% |
| Trade debts | 44 | €3,861 | €7,658 | +€3,797 | +98.3% |
| Suppliers | 440/4 | €3,861 | €7,658 | +€3,797 | +98.3% |
| Taxes, remuneration and social security | 45 | €2,207 | €24,160 | +€21,953 | +994.5% |
| Taxes | 450/3 | €2,207 | €24,160 | +€21,953 | +994.5% |
| Other amounts payable | 47/48 | €5,604 | €0 | -€5,604 | -100.0% |
| Accrued charges and deferred income | 492/3 | €116,936 | €37,724 | -€79,212 | -67.7% |
| Other operating charges | 640/8 | €528 | €1,144 | +€616 | +116.7% |
| Gross operating margin | 9900 | €6,528 | €1,606,609 | +€1.6m | +24510.8% |
| Operating profit (loss) | 9901 | €6,000 | €1,605,465 | +€1.6m | +26656.7% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €5,502 | €8,835 | +€3,333 | +60.6% |
| Recurring financial charges | 65 | €5,502 | €8,835 | +€3,333 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €498 | €1,596,640 | +€1.6m | +320426.8% |
| Income taxes | 67/77 | €125 | €399,160 | +€399,036 | +320433.5% |
| Profit (loss) for the period | 9904 | €374 | €1,197,480 | +€1.2m | +320424.6% |
| Profit (loss) for the period to be appropriated | 9905 | €374 | €1,197,480 | +€1.2m | +320424.6% |
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 10 October 2026 via checked.be.