MM RIDE: 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 RIDE
Largest movements
- Tangible fixed assets -€14,000
down €14,000 (-33.3%), from €41,999 to €27,999
- Receivables within one year +€1,807
up €1,807 (+2.2%), from €83,804 to €85,611
of which Trade receivables: +€5,408
- Deferred charges and accrued income +€1,351
up €1,351 (+26.7%), from €5,068 to €6,418
- Profit (loss) carried forward -€21,326
down €21,326 (-70.4%), from €30,307 to €8,981
- Trade debts +€7,235
up €7,235 (+7.6%), from €95,315 to €102,550
of which Suppliers: +€19,907
- Tax, wage and social debts +€3,307
up €3,307 (+60.0%), from €5,515 to €8,821
- Turnover -€39,986
down €39,986 (-41.5%), from €96,273 to €56,287
- Gross operating margin -€33,392
down €33,392, from €26,259 to -€7,133
- Depreciation +€14,000
new in 2024: €14,000
- Other operating charges -€7,455
no longer reported in 2024 (was €7,455)
- Purchases and services -€1,972
down €1,972 (-3.5%), from €56,014 to €54,042
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 | €131,137 | €120,353 | -€10,784 | -8.2% |
| Fixed assets | 21/28 | €41,999 | €27,999 | -€14,000 | -33.3% |
| Tangible fixed assets | 22/27 | €41,999 | €27,999 | -€14,000 | -33.3% |
| Furniture and vehicles | 24 | €41,999 | €27,999 | -€14,000 | -33.3% |
| Current assets | 29/58 | €89,138 | €92,354 | +€3,216 | +3.6% |
| Amounts receivable within one year | 40/41 | €83,804 | €85,611 | +€1,807 | +2.2% |
| Trade receivables | 40 | €50,000 | €55,408 | +€5,408 | +10.8% |
| Other amounts receivable | 41 | €33,804 | €30,203 | -€3,601 | -10.7% |
| Cash at bank and in hand | 54/58 | €266 | €324 | +€58 | +21.9% |
| Deferred charges and accrued income | 490/1 | €5,068 | €6,418 | +€1,351 | +26.7% |
| Total equity and liabilities | 10/49 | €131,137 | €120,353 | -€10,784 | -8.2% |
| Equity | 10/15 | €30,307 | €8,981 | -€21,326 | -70.4% |
| Profit (loss) carried forward | 14 | €30,307 | €8,981 | -€21,326 | -70.4% |
| Amounts payable | 17/49 | €100,830 | €111,371 | +€10,541 | +10.5% |
| Amounts payable within one year | 42/48 | €100,830 | €111,371 | +€10,541 | +10.5% |
| Trade debts | 44 | €95,315 | €102,550 | +€7,235 | +7.6% |
| Suppliers | 440/4 | €16,832 | €36,738 | +€19,907 | +118% |
| Bills of exchange payable | 441 | €78,483 | €65,811 | -€12,672 | -16.1% |
| Taxes, remuneration and social security | 45 | €5,515 | €8,821 | +€3,307 | +60.0% |
| Taxes | 450/3 | €5,515 | €8,821 | +€3,307 | +60.0% |
| Turnover | 70 | €96,273 | €56,287 | -€39,986 | -41.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,014 | €54,042 | -€1,972 | -3.5% |
| Remuneration, social security and pensions | 62 | - | €91 | +€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,000 | +€14,000 | |
| Other operating charges | 640/8 | €7,455 | - | -€7,455 | |
| Gross operating margin | 9900 | €26,259 | -€7,133 | -€33,392 | |
| Operating profit (loss) | 9901 | €18,804 | -€21,224 | -€40,028 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | - | €102 | +€102 | |
| Recurring financial charges | 65 | - | €102 | +€102 | |
| Profit (loss) for the period before taxes | 9903 | €18,805 | -€21,326 | -€40,131 | |
| Profit (loss) for the period | 9904 | €18,805 | -€21,326 | -€40,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,805 | -€21,326 | -€40,131 |
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 26 October 2026 via checked.be.