MMA SERVICES: what changed
Two fiscal 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.
MMA SERVICES
Largest movements
- Receivables within one year -€105,220
down €105,220 (-66.7%), from €157,663 to €52,443
of which Trade receivables: -€105,390
- Cash -€22,293
down €22,293 (-67.6%), from €32,958 to €10,665
mainly Trade debts (-€78,532) and Other debts (-€41,323)
- Tangible fixed assets -€3,775
down €3,775 (-51.6%), from €7,320 to €3,544
- Trade debts -€78,532
down €78,532 (-86.9%), from €90,336 to €11,804
- Other debts -€41,323
down €41,323 (-99.6%), from €41,509 to €187
- Short-term financial debts -€8,220
no longer reported in 2024 (was €8,220)
- Tax, wage and social debts -€5,352
no longer reported in 2024 (was €5,352)
of which Remuneration and social security: -€3,598
- Gross operating margin -€11,875
down €11,875 (-48.2%), from €24,636 to €12,760
- Staff costs -€11,643
down €11,643 (-61.8%), from €18,844 to €7,201
- Other operating charges -€932
down €932 (-71.9%), from €1,297 to €365
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.
Cash bridge derived
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 | €201,091 | €68,753 | -€132,338 | -65.8% |
| Fixed assets | 21/28 | €10,470 | €5,644 | -€4,825 | -46.1% |
| Tangible fixed assets | 22/27 | €7,320 | €3,544 | -€3,775 | -51.6% |
| Other tangible fixed assets | 26 | €7,320 | €3,544 | -€3,775 | -51.6% |
| Financial fixed assets | 28 | €3,150 | €2,100 | -€1,050 | -33.3% |
| Current assets | 29/58 | €190,621 | €63,108 | -€127,513 | -66.9% |
| Amounts receivable within one year | 40/41 | €157,663 | €52,443 | -€105,220 | -66.7% |
| Trade receivables | 40 | €157,663 | €52,274 | -€105,390 | -66.8% |
| Other amounts receivable | 41 | - | €170 | +€170 | |
| Cash at bank and in hand | 54/58 | €32,958 | €10,665 | -€22,293 | -67.6% |
| Total equity and liabilities | 10/49 | €201,091 | €68,753 | -€132,338 | -65.8% |
| Equity | 10/15 | €55,673 | €56,762 | +€1,089 | +2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,473 | €50,562 | +€1,089 | +2.2% |
| Amounts payable | 17/49 | €145,417 | €11,991 | -€133,427 | -91.8% |
| Amounts payable within one year | 42/48 | €145,417 | €11,991 | -€133,427 | -91.8% |
| Financial debts | 43 | €8,220 | - | -€8,220 | |
| Other loans | 439 | €8,220 | - | -€8,220 | |
| Trade debts | 44 | €90,336 | €11,804 | -€78,532 | -86.9% |
| Suppliers | 440/4 | €90,336 | €11,804 | -€78,532 | -86.9% |
| Taxes, remuneration and social security | 45 | €5,352 | - | -€5,352 | |
| Taxes | 450/3 | €1,754 | - | -€1,754 | |
| Remuneration and social security | 454/9 | €3,598 | - | -€3,598 | |
| Other amounts payable | 47/48 | €41,509 | €187 | -€41,323 | -99.6% |
| Remuneration, social security and pensions | 62 | €18,844 | €7,201 | -€11,643 | -61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,775 | €3,775 | = | 0.0% |
| Other operating charges | 640/8 | €1,297 | €365 | -€932 | -71.9% |
| Gross operating margin | 9900 | €24,636 | €12,760 | -€11,875 | -48.2% |
| Operating profit (loss) | 9901 | €719 | €1,419 | +€700 | +97.4% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €205 | €362 | +€157 | +76.5% |
| Recurring financial charges | 65 | €205 | €362 | +€157 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €513 | €1,089 | +€575 | +112.0% |
| Income taxes | 67/77 | €137 | - | -€137 | |
| Profit (loss) for the period | 9904 | €376 | €1,089 | +€712 | +189.2% |
| Profit (loss) for the period to be appropriated | 9905 | €376 | €1,089 | +€712 | +189.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.