MM TRADING: 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 TRADING
Largest movements
- Tangible fixed assets -€12,600
down €12,600 (-57.6%), from €21,887 to €9,287
of which Furniture and vehicles: -€6,465
- Receivables within one year +€7,123
up €7,123 (+105%), from €6,790 to €13,914
of which Other amounts receivable: +€6,557
- Cash -€588
down €588 (-99.8%), from €589 to €1
mainly Net result for the year (-€21,658) and Receivables within one year (-€7,123)
- Profit (loss) carried forward -€21,658
down €21,658 (-21.5%), from -€100,860 to -€122,518
- Other debts +€15,726
up €15,726 (+14.9%), from €105,533 to €121,259
- Trade debts -€2,375
down €2,375 (-24.0%), from €9,893 to €7,518
- Tax, wage and social debts +€2,243
new in 2023: €2,243
of which Remuneration and social security: +€1,443
- Gross operating margin -€22,304
down €22,304 (-75.9%), from €29,378 to €7,075
- Staff costs +€11,015
up €11,015 (+217%), from €5,070 to €16,085
- Depreciation -€2,874
down €2,874 (-18.6%), from €15,474 to €12,600
- Other operating charges -€309
no longer reported in 2023 (was €309)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,167 | €27,102 | -€6,064 | -18.3% |
| Fixed assets | 21/28 | €25,787 | €13,187 | -€12,600 | -48.9% |
| Tangible fixed assets | 22/27 | €21,887 | €9,287 | -€12,600 | -57.6% |
| Plant, machinery and equipment | 23 | €10,323 | €4,861 | -€5,463 | -52.9% |
| Furniture and vehicles | 24 | €9,547 | €3,082 | -€6,465 | -67.7% |
| Other tangible fixed assets | 26 | €2,017 | €1,344 | -€672 | -33.3% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €7,379 | €13,915 | +€6,536 | +88.6% |
| Amounts receivable within one year | 40/41 | €6,790 | €13,914 | +€7,123 | +105% |
| Trade receivables | 40 | €3,680 | €4,247 | +€567 | +15.4% |
| Other amounts receivable | 41 | €3,110 | €9,667 | +€6,557 | +211% |
| Cash at bank and in hand | 54/58 | €589 | €1 | -€588 | -99.8% |
| Total equity and liabilities | 10/49 | €33,167 | €27,102 | -€6,064 | -18.3% |
| Equity | 10/15 | -€82,260 | -€103,918 | -€21,658 | -26.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,860 | -€122,518 | -€21,658 | -21.5% |
| Amounts payable | 17/49 | €115,427 | €131,020 | +€15,594 | +13.5% |
| Amounts payable within one year | 42/48 | €115,427 | €131,020 | +€15,594 | +13.5% |
| Trade debts | 44 | €9,893 | €7,518 | -€2,375 | -24.0% |
| Suppliers | 440/4 | €9,893 | €7,518 | -€2,375 | -24.0% |
| Taxes, remuneration and social security | 45 | - | €2,243 | +€2,243 | |
| Taxes | 450/3 | - | €801 | +€801 | |
| Remuneration and social security | 454/9 | - | €1,443 | +€1,443 | |
| Other amounts payable | 47/48 | €105,533 | €121,259 | +€15,726 | +14.9% |
| Remuneration, social security and pensions | 62 | €5,070 | €16,085 | +€11,015 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,474 | €12,600 | -€2,874 | -18.6% |
| Other operating charges | 640/8 | €309 | - | -€309 | |
| Gross operating margin | 9900 | €29,378 | €7,075 | -€22,304 | -75.9% |
| Operating profit (loss) | 9901 | €8,526 | -€21,610 | -€30,136 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €128 | €48 | -€79 | -62.2% |
| Recurring financial charges | 65 | €128 | €48 | -€79 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €8,398 | -€21,658 | -€30,057 | |
| Profit (loss) for the period | 9904 | €8,398 | -€21,658 | -€30,057 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,398 | -€21,658 | -€30,057 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.