MM Service: what changed
What changed
MM Service
NACE 46.130, Agents in the wholesale of timber and building materials
filed annual accounts (NBB)
Net result for the year
-€3,408
2024 · -€13,403+€9,995
Equity
€46,616
2024 · €92,339-€45,723
Cash
€52,734
2024 · €52,235+€500
Balance sheet total
€101,006
2024 · €123,898-€22,892
Largest movements
Assets
- Receivables after one year -€12,472
down €12,472 (-38.0%), from €32,855 to €20,383
- Tangible fixed assets -€8,732
down €8,732 (-32.6%), from €26,763 to €18,031
- Deferred charges and accrued income -€2,590
down €2,590 (-44.2%), from €5,857 to €3,267
Equity and liabilities
- Reserves -€42,315
down €42,315 (-40.4%), from €104,742 to €62,427
- Other debts +€25,517
up €25,517 (+152%), from €16,799 to €42,315
- Trade debts -€4,038
down €4,038 (-91.8%), from €4,397 to €359
- Tax, wage and social debts +€3,489
up €3,489 (+157%), from €2,224 to €5,713
of which Taxes: +€3,431
- Profit (loss) carried forward -€3,408
down €3,408 (-25.4%), from -€13,403 to -€16,810
Income statement
- Gross operating margin +€11,796
up €11,796 (+192%), from €6,144 to €17,941
- Depreciation +€1,444
up €1,444 (+20.9%), from €6,910 to €8,354
- Other operating charges -€606
down €606 (-35.6%), from €1,700 to €1,094
- Staff costs +€493
up €493 (+4.4%), from €11,296 to €11,789
- Financial income -€324
down €324 (-38.0%), from €854 to €530
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,403
Gross operating margin
+€11,796
Staff costs
-€493
Depreciation
-€1,444
Other operating charges
+€606
Financial income
-€324
Financial charges
-€124
Taxes
-€22
Result 2025
-€3,408
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,574
Investment
+€378
Financing
-€44,452
Cash 2024
€52,235
From operations (derived)
+€44,574
Net result for the year
-€3,408
Depreciation
+€8,354
Receivables after one year
+€12,472
Receivables within one year
-€403
Deferred charges and accrued income
+€2,590
Trade debts
-€4,038
Tax, wage and social debts
+€3,489
Other debts
+€25,517
Investment (derived)
+€378
Investment in fixed assets (net)
+€378
Financing
-€44,452
Debts after one year
-€2,239
Current portion of long-term debt
+€102
Contributions, distributions and other
-€42,315
Cash 2025
€52,734
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,898 | €101,006 | -€22,892 | -18.5% |
| Fixed assets | 21/28 | €26,763 | €18,031 | -€8,732 | -32.6% |
| Tangible fixed assets | 22/27 | €26,763 | €18,031 | -€8,732 | -32.6% |
| Plant, machinery and equipment | 23 | €2,601 | €1,448 | -€1,153 | -44.3% |
| Furniture and vehicles | 24 | €17,909 | €13,684 | -€4,224 | -23.6% |
| Other tangible fixed assets | 26 | €6,253 | €2,898 | -€3,354 | -53.6% |
| Current assets | 29/58 | €97,135 | €82,975 | -€14,160 | -14.6% |
| Amounts receivable after more than one year | 29 | €32,855 | €20,383 | -€12,472 | -38.0% |
| Other amounts receivable | 291 | €32,855 | €20,383 | -€12,472 | -38.0% |
| Amounts receivable within one year | 40/41 | €6,189 | €6,591 | +€403 | +6.5% |
| Trade receivables | 40 | €5,811 | €2,277 | -€3,533 | -60.8% |
| Other amounts receivable | 41 | €378 | €4,314 | +€3,936 | +1,040% |
| Cash at bank and in hand | 54/58 | €52,235 | €52,734 | +€500 | +1.0% |
| Deferred charges and accrued income | 490/1 | €5,857 | €3,267 | -€2,590 | -44.2% |
| Total equity and liabilities | 10/49 | €123,898 | €101,006 | -€22,892 | -18.5% |
| Equity | 10/15 | €92,339 | €46,616 | -€45,723 | -49.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €104,742 | €62,427 | -€42,315 | -40.4% |
| Distributable reserves | 133 | €104,742 | €62,427 | -€42,315 | -40.4% |
| Profit (loss) carried forward | 14 | -€13,403 | -€16,810 | -€3,408 | -25.4% |
| Amounts payable | 17/49 | €31,559 | €54,390 | +€22,831 | +72.3% |
| Amounts payable after more than one year | 17 | €6,002 | €3,764 | -€2,239 | -37.3% |
| Financial debts | 170/4 | €6,002 | €3,764 | -€2,239 | -37.3% |
| Amounts payable within one year | 42/48 | €25,557 | €50,626 | +€25,069 | +98.1% |
| Current portion of amounts payable after more than one year | 42 | €2,137 | €2,239 | +€102 | +4.8% |
| Trade debts | 44 | €4,397 | €359 | -€4,038 | -91.8% |
| Suppliers | 440/4 | €4,397 | €359 | -€4,038 | -91.8% |
| Taxes, remuneration and social security | 45 | €2,224 | €5,713 | +€3,489 | +157% |
| Taxes | 450/3 | €542 | €3,973 | +€3,431 | +634% |
| Remuneration and social security | 454/9 | €1,683 | €1,740 | +€58 | +3.4% |
| Other amounts payable | 47/48 | €16,799 | €42,315 | +€25,517 | +152% |
| Non-recurring operating income | 76A | - | €622 | +€622 | |
| Remuneration, social security and pensions | 62 | €11,296 | €11,789 | +€493 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,910 | €8,354 | +€1,444 | +20.9% |
| Other operating charges | 640/8 | €1,700 | €1,094 | -€606 | -35.6% |
| Gross operating margin | 9900 | €6,144 | €17,941 | +€11,796 | +192% |
| Operating profit (loss) | 9901 | -€13,761 | -€3,297 | +€10,465 | +76.0% |
| Financial income | 75/76B | €854 | €530 | -€324 | -38.0% |
| Recurring financial income | 75 | €854 | €530 | -€324 | -38.0% |
| Financial charges | 65/66B | €374 | €497 | +€124 | +33.0% |
| Recurring financial charges | 65 | €374 | €497 | +€124 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,281 | -€3,264 | +€10,017 | +75.4% |
| Income taxes | 67/77 | €122 | €143 | +€22 | +17.8% |
| Profit (loss) for the period | 9904 | -€13,403 | -€3,408 | +€9,995 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,403 | -€3,408 | +€9,995 | +74.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.