MMAI CORP: 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.
MMAI CORP
Largest movements
- Cash -€3,591
down €3,591 (-65.5%), from €5,481 to €1,890
mainly Net result for the year (-€17,982) and Other debts (-€9,139)
- Receivables within one year +€1,857
up €1,857 (+20.6%), from €9,020 to €10,877
of which Other amounts receivable: +€1,131
- Tangible fixed assets -€1,360
down €1,360 (-50.0%), from €2,721 to €1,360
- Stocks and contracts -€700
down €700 (-41.2%), from €1,700 to €1,000
- Accrued charges and deferred income +€19,158
new in 2024: €19,158
- Profit (loss) carried forward -€17,982
down €17,982 (-105%), from -€17,149 to -€35,131
- Other debts -€9,139
no longer reported in 2024 (was €9,139)
- Trade debts +€4,169
up €4,169 (+121%), from €3,454 to €7,623
- Purchases and services +€58,045
new in 2024: €58,045
- Turnover +€44,395
new in 2024: €44,395
- Staff costs -€15,970
no longer reported in 2024 (was €15,970)
- Gross operating margin -€14,878
down €14,878, from €1,229 to -€13,650
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 | €18,922 | €15,128 | -€3,794 | -20.1% |
| Fixed assets | 21/28 | €2,721 | €1,360 | -€1,360 | -50.0% |
| Tangible fixed assets | 22/27 | €2,721 | €1,360 | -€1,360 | -50.0% |
| Furniture and vehicles | 24 | €2,721 | €1,360 | -€1,360 | -50.0% |
| Current assets | 29/58 | €16,201 | €13,767 | -€2,434 | -15.0% |
| Stocks and contracts in progress | 3 | €1,700 | €1,000 | -€700 | -41.2% |
| Stocks | 30/36 | €1,700 | €1,000 | -€700 | -41.2% |
| Amounts receivable within one year | 40/41 | €9,020 | €10,877 | +€1,857 | +20.6% |
| Trade receivables | 40 | €5,775 | €6,501 | +€726 | +12.6% |
| Other amounts receivable | 41 | €3,245 | €4,376 | +€1,131 | +34.9% |
| Cash at bank and in hand | 54/58 | €5,481 | €1,890 | -€3,591 | -65.5% |
| Total equity and liabilities | 10/49 | €18,922 | €15,128 | -€3,794 | -20.1% |
| Equity | 10/15 | -€2,149 | -€20,131 | -€17,982 | -837% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | - | -€15,000 | |
| Share premium | 1100/10 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | -€17,149 | -€35,131 | -€17,982 | -105% |
| Amounts payable | 17/49 | €21,071 | €35,258 | +€14,188 | +67.3% |
| Amounts payable within one year | 42/48 | €21,071 | €16,101 | -€4,970 | -23.6% |
| Trade debts | 44 | €3,454 | €7,623 | +€4,169 | +121% |
| Suppliers | 440/4 | €3,454 | €7,623 | +€4,169 | +121% |
| Advances received on contracts in progress | 46 | €5,634 | €5,634 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,844 | €2,844 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,844 | €2,844 | = | 0.0% |
| Other amounts payable | 47/48 | €9,139 | - | -€9,139 | |
| Accrued charges and deferred income | 492/3 | - | €19,158 | +€19,158 | |
| Turnover | 70 | - | €44,395 | +€44,395 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €58,045 | +€58,045 | |
| Remuneration, social security and pensions | 62 | €15,970 | - | -€15,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,360 | €1,360 | = | 0.0% |
| Other operating charges | 640/8 | €258 | €132 | -€126 | -48.9% |
| Non-recurring operating charges | 66A | €527 | €2,685 | +€2,158 | +410% |
| Gross operating margin | 9900 | €1,229 | -€13,650 | -€14,878 | |
| Operating profit (loss) | 9901 | -€16,887 | -€17,827 | -€940 | -5.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €262 | €155 | -€106 | -40.7% |
| Recurring financial charges | 65 | €262 | €155 | -€106 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,149 | -€17,982 | -€833 | -4.9% |
| Profit (loss) for the period | 9904 | -€17,149 | -€17,982 | -€833 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,149 | -€17,982 | -€833 | -4.9% |
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 21 October 2026 via checked.be.