MM Quality Services: 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 Quality Services
Largest movements
- Stocks and contracts +€23,240
up €23,240 (+2,671%), from €870 to €24,110
- Receivables within one year +€4,486
up €4,486 (+6.6%), from €68,247 to €72,733
of which Other amounts receivable: +€4,008
- Tangible fixed assets +€4,380
up €4,380 (+321%), from €1,364 to €5,744
of which Furniture and vehicles: +€3,283
- Cash -€2,148
down €2,148 (-100%), from €2,148 to €0
mainly Stocks and contracts (-€23,240) and Investment in fixed assets (net) (-€6,760)
- Short-term financial debts +€20,559
up €20,559, from €0 to €20,559
- Trade debts +€9,457
up €9,457, from €0 to €9,457
- Gross operating margin -€15,755
down €15,755 (-82.5%), from €19,097 to €3,342
- Taxes -€6,271
down €6,271 (-94.6%), from €6,629 to €358
- Depreciation +€2,008
up €2,008 (+539%), from €372 to €2,380
- Financial income +€813
up €813 (+25.2%), from €3,222 to €4,035
- Financial charges +€369
up €369 (+32.3%), from €1,143 to €1,512
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,629 | €102,586 | +€29,957 | +41.2% |
| Fixed assets | 21/28 | €1,364 | €5,744 | +€4,380 | +321% |
| Tangible fixed assets | 22/27 | €1,364 | €5,744 | +€4,380 | +321% |
| Plant, machinery and equipment | 23 | €1,364 | €2,461 | +€1,097 | +80.5% |
| Furniture and vehicles | 24 | - | €3,283 | +€3,283 | |
| Current assets | 29/58 | €71,265 | €96,842 | +€25,577 | +35.9% |
| Stocks and contracts in progress | 3 | €870 | €24,110 | +€23,240 | +2,671% |
| Stocks | 30/36 | €870 | €24,110 | +€23,240 | +2,671% |
| Amounts receivable within one year | 40/41 | €68,247 | €72,733 | +€4,486 | +6.6% |
| Trade receivables | 40 | €773 | €1,251 | +€478 | +61.8% |
| Other amounts receivable | 41 | €67,474 | €71,482 | +€4,008 | +5.9% |
| Cash at bank and in hand | 54/58 | €2,148 | €0 | -€2,148 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €72,629 | €102,586 | +€29,957 | +41.2% |
| Equity | 10/15 | €62,758 | €63,680 | +€922 | +1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €44,166 | €45,088 | +€922 | +2.1% |
| Non-distributable reserves | 130/1 | €2,033 | €0 | -€2,033 | -100% |
| Reserves not available under the articles | 1311 | €2,033 | €0 | -€2,033 | -100% |
| Distributable reserves | 133 | €42,133 | €45,088 | +€2,955 | +7.0% |
| Amounts payable | 17/49 | €9,871 | €38,906 | +€29,035 | +294% |
| Amounts payable within one year | 42/48 | €9,871 | €38,906 | +€29,035 | +294% |
| Financial debts | 43 | €0 | €20,559 | +€20,559 | |
| Credit institutions | 430/8 | €0 | €20,559 | +€20,559 | |
| Trade debts | 44 | €0 | €9,457 | +€9,457 | |
| Suppliers | 440/4 | €0 | €9,457 | +€9,457 | |
| Taxes, remuneration and social security | 45 | €9,871 | €8,890 | -€981 | -9.9% |
| Taxes | 450/3 | €9,871 | €8,890 | -€981 | -9.9% |
| Non-recurring operating income | 76A | €4,213 | €0 | -€4,213 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €2,380 | +€2,008 | +539% |
| Other operating charges | 640/8 | €2,382 | €2,204 | -€178 | -7.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €19,097 | €3,342 | -€15,755 | -82.5% |
| Operating profit (loss) | 9901 | €16,343 | -€1,242 | -€17,585 | |
| Financial income | 75/76B | €3,222 | €4,035 | +€813 | +25.2% |
| Recurring financial income | 75 | €3,222 | €4,035 | +€813 | +25.2% |
| Financial charges | 65/66B | €1,143 | €1,512 | +€369 | +32.3% |
| Recurring financial charges | 65 | €1,143 | €1,512 | +€369 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €18,421 | €1,280 | -€17,141 | -93.0% |
| Income taxes | 67/77 | €6,629 | €358 | -€6,271 | -94.6% |
| Profit (loss) for the period | 9904 | €11,793 | €922 | -€10,871 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,793 | €922 | -€10,871 | -92.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.