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MMA Tech: 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.

What changed

MMA Tech

BE 0794.788.504
NACE 42.220, Construction of utility projects for electricity and telecommunications
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€27,524
2024 · €6,199+€21,325
Equity
€44,047
2024 · €16,523+€27,524
Cash
€831
2024 · €832-€1
Balance sheet total
€47,512
2024 · €42,022+€5,490

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€6,019

    up €6,019 (+19.1%), from €31,505 to €37,524

    of which Trade receivables: +€3,657

  • Tangible fixed assets -€528

    down €528 (-5.5%), from €9,685 to €9,157

    of which Furniture and vehicles: -€2,195

Equity and liabilities
  • Profit (loss) carried forward +€27,524

    up €27,524 (+189.5%), from €14,523 to €42,047

  • Trade debts -€12,499

    down €12,499 (-90.4%), from €13,822 to €1,323

  • Other debts -€7,569

    no longer reported in 2025 (was €7,569)

  • Tax, wage and social debts -€1,966

    down €1,966 (-47.9%), from €4,108 to €2,142

    of which Taxes: -€4,108

Income statement
  • Gross operating margin +€60,992

    up €60,992 (+122.5%), from €49,793 to €110,785

  • Turnover +€47,808

    up €47,808 (+54.8%), from €87,200 to €135,008

  • Staff costs +€34,038

    up €34,038 (+90.3%), from €37,692 to €71,730

  • Purchases and services -€13,185

    down €13,185 (-35.2%), from €37,408 to €24,223

  • Taxes +€5,309

    up €5,309 (+336.2%), from €1,579 to €6,888

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €6,199
Gross operating margin +€60,992
Staff costs -€34,038
Depreciation -€1,334
Other operating charges +€529
Financial charges +€484
Taxes -€5,309
Result 2025 €27,524

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€3,999
Investment -€4,000
Financing +€0
Cash 2024 €832
Net result for the year +€27,524
Depreciation +€4,528
Receivables within one year -€6,019
Trade debts -€12,499
Tax, wage and social debts -€1,966
Other debts -€7,569
Investment in fixed assets (net) -€4,000
Contributions, distributions and other +€0
Cash 2025 €831
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €42,022 €47,512 +€5,490 +13.1%
Fixed assets 21/28 €9,685 €9,157 -€528 -5.5%
Tangible fixed assets 22/27 €9,685 €9,157 -€528 -5.5%
Plant, machinery and equipment 23 €3,667 €5,334 +€1,667 +45.5%
Furniture and vehicles 24 €6,018 €3,823 -€2,195 -36.5%
Current assets 29/58 €32,337 €38,355 +€6,018 +18.6%
Amounts receivable within one year 40/41 €31,505 €37,524 +€6,019 +19.1%
Trade receivables 40 €31,505 €35,162 +€3,657 +11.6%
Other amounts receivable 41 - €2,362 +€2,362
Cash at bank and in hand 54/58 €832 €831 -€1 -0.1%
Total equity and liabilities 10/49 €42,022 €47,512 +€5,490 +13.1%
Equity 10/15 €16,523 €44,047 +€27,524 +166.6%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €14,523 €42,047 +€27,524 +189.5%
Amounts payable 17/49 €25,499 €3,465 -€22,034 -86.4%
Amounts payable within one year 42/48 €25,499 €3,465 -€22,034 -86.4%
Trade debts 44 €13,822 €1,323 -€12,499 -90.4%
Suppliers 440/4 €13,822 €1,323 -€12,499 -90.4%
Taxes, remuneration and social security 45 €4,108 €2,142 -€1,966 -47.9%
Taxes 450/3 €4,108 - -€4,108
Remuneration and social security 454/9 - €2,142 +€2,142
Other amounts payable 47/48 €7,569 - -€7,569
Turnover 70 €87,200 €135,008 +€47,808 +54.8%
Goods, raw materials, services and sundry goods 60/61 €37,408 €24,223 -€13,185 -35.2%
Remuneration, social security and pensions 62 €37,692 €71,730 +€34,038 +90.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,194 €4,528 +€1,334 +41.7%
Other operating charges 640/8 €529 - -€529
Gross operating margin 9900 €49,793 €110,785 +€60,992 +122.5%
Operating profit (loss) 9901 €8,377 €34,527 +€26,150 +312.2%
Financial charges 65/66B €599 €115 -€484 -80.8%
Recurring financial charges 65 €599 €115 -€484 -80.8%
Profit (loss) for the period before taxes 9903 €7,778 €34,412 +€26,634 +342.4%
Income taxes 67/77 €1,579 €6,888 +€5,309 +336.2%
Profit (loss) for the period 9904 €6,199 €27,524 +€21,325 +344.0%
Profit (loss) for the period to be appropriated 9905 €6,199 €27,524 +€21,325 +344.0%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.