MMB CONCEPT: 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.
MMB CONCEPT
Largest movements
- Cash +€60,485
up €60,485 (+38.5%), from €157,029 to €217,514
mainly Net result for the year (+€33,741) and Debts after one year (+€30,579)
- Receivables within one year +€46,894
up €46,894 (+65.8%), from €71,219 to €118,113
of which Trade receivables: +€50,488
- Tangible fixed assets -€13,118
down €13,118 (-24.4%), from €53,821 to €40,703
- Debts after one year +€30,579
up €30,579 (+82.9%), from €36,870 to €67,449
- Reserves +€30,000
up €30,000 (+70.5%), from €42,570 to €72,570
of which Distributable reserves: +€36,710
- Trade debts +€24,928
up €24,928 (+57.9%), from €43,058 to €67,986
- Other debts -€8,778
down €8,778 (-87.8%), from €10,000 to €1,222
- Advances received +€6,964
new in 2024: €6,964
- Gross operating margin -€18,327
down €18,327 (-21.4%), from €85,720 to €67,393
- Taxes -€6,976
down €6,976 (-33.2%), from €20,988 to €14,012
- Depreciation +€5,076
up €5,076 (+63.1%), from €8,042 to €13,118
- Staff costs +€4,565
up €4,565, from -€1,969 to €2,596
- Financial charges +€1,818
up €1,818 (+124%), from €1,463 to €3,281
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 | €282,195 | €377,435 | +€95,240 | +33.7% |
| Fixed assets | 21/28 | €53,947 | €40,829 | -€13,118 | -24.3% |
| Tangible fixed assets | 22/27 | €53,821 | €40,703 | -€13,118 | -24.4% |
| Furniture and vehicles | 24 | €53,821 | €40,703 | -€13,118 | -24.4% |
| Financial fixed assets | 28 | €126 | €126 | = | 0.0% |
| Current assets | 29/58 | €228,248 | €336,606 | +€108,358 | +47.5% |
| Amounts receivable within one year | 40/41 | €71,219 | €118,113 | +€46,894 | +65.8% |
| Trade receivables | 40 | €67,601 | €118,089 | +€50,488 | +74.7% |
| Other amounts receivable | 41 | €3,618 | €24 | -€3,594 | -99.3% |
| Cash at bank and in hand | 54/58 | €157,029 | €217,514 | +€60,485 | +38.5% |
| Deferred charges and accrued income | 490/1 | - | €979 | +€979 | |
| Total equity and liabilities | 10/49 | €282,195 | €377,435 | +€95,240 | +33.7% |
| Equity | 10/15 | €145,337 | €179,078 | +€33,741 | +23.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €42,570 | €72,570 | +€30,000 | +70.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,710 | €20,000 | -€6,710 | -25.1% |
| Distributable reserves | 133 | €14,000 | €50,710 | +€36,710 | +262% |
| Profit (loss) carried forward | 14 | €89,767 | €93,508 | +€3,741 | +4.2% |
| Amounts payable | 17/49 | €136,858 | €198,356 | +€61,499 | +44.9% |
| Amounts payable after more than one year | 17 | €36,870 | €67,449 | +€30,579 | +82.9% |
| Financial debts | 170/4 | €36,870 | €67,449 | +€30,579 | +82.9% |
| Amounts payable within one year | 42/48 | €99,987 | €130,907 | +€30,920 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €14,021 | €18,754 | +€4,733 | +33.8% |
| Trade debts | 44 | €43,058 | €67,986 | +€24,928 | +57.9% |
| Suppliers | 440/4 | €43,058 | €67,986 | +€24,928 | +57.9% |
| Advances received on contracts in progress | 46 | - | €6,964 | +€6,964 | |
| Taxes, remuneration and social security | 45 | €32,908 | €35,981 | +€3,072 | +9.3% |
| Taxes | 450/3 | €30,202 | €34,049 | +€3,847 | +12.7% |
| Remuneration and social security | 454/9 | €2,706 | €1,932 | -€775 | -28.6% |
| Other amounts payable | 47/48 | €10,000 | €1,222 | -€8,778 | -87.8% |
| Remuneration, social security and pensions | 62 | -€1,969 | €2,596 | +€4,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,042 | €13,118 | +€5,076 | +63.1% |
| Other operating charges | 640/8 | €0 | €645 | +€645 | |
| Non-recurring operating charges | 66A | €74 | - | -€74 | |
| Gross operating margin | 9900 | €85,720 | €67,393 | -€18,327 | -21.4% |
| Operating profit (loss) | 9901 | €79,573 | €51,034 | -€28,539 | -35.9% |
| Financial charges | 65/66B | €1,463 | €3,281 | +€1,818 | +124% |
| Recurring financial charges | 65 | €1,463 | €3,281 | +€1,818 | +124% |
| Profit (loss) for the period before taxes | 9903 | €78,110 | €47,753 | -€30,357 | -38.9% |
| Income taxes | 67/77 | €20,988 | €14,012 | -€6,976 | -33.2% |
| Profit (loss) for the period | 9904 | €57,122 | €33,741 | -€23,381 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,122 | €33,741 | -€23,381 | -40.9% |
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 18 October 2026 via checked.be.