MMAKK: 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.
MMAKK
Largest movements
- Current assets -€11,744
down €11,744 (-24.6%), from €47,742 to €35,998
- Debts within one year -€10,446
down €10,446 (-12.7%), from €82,141 to €71,696
- Profit (loss) carried forward -€1,298
down €1,298 (-2.4%), from -€53,000 to -€54,298
- Gross operating margin -€26,680
no longer reported in 2019 (was €26,680)
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,742 | €35,998 | -€11,744 | -24.6% |
| Current assets | 29/58 | €47,742 | €35,998 | -€11,744 | -24.6% |
| Cash at bank and in hand | 54/58 | €14,242 | €2,498 | -€11,744 | -82.5% |
| Total equity and liabilities | 10/49 | €47,742 | €35,998 | -€11,744 | -24.6% |
| Equity | 10/15 | -€34,400 | -€35,698 | -€1,298 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,000 | -€54,298 | -€1,298 | -2.4% |
| Amounts payable | 17/49 | €82,141 | €71,696 | -€10,446 | -12.7% |
| Amounts payable within one year | 42/48 | €82,141 | €71,696 | -€10,446 | -12.7% |
| Trade debts | 44 | €17,920 | €17,474 | -€446 | -2.5% |
| Gross operating margin | 9900 | €26,680 | - | -€26,680 | |
| Operating profit (loss) | 9901 | €26,584 | -€1,050 | -€27,634 | |
| Recurring financial charges | 65 | €1,458 | €248 | -€1,210 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €25,125 | -€1,298 | -€26,423 | |
| Income taxes | 67/77 | -€60 | - | +€60 | |
| Profit (loss) for the period | 9904 | €25,185 | -€1,298 | -€26,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,185 | -€1,298 | -€26,483 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.