MMB Retail: 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 Retail
Largest movements
- Cash +€119,117
up €119,117 (+13.9%), from €856,508 to €975,625
mainly Trade debts (+€210,010) and Tax, wage and social debts (+€120,390)
- Stocks and contracts +€46,215
up €46,215 (+6.0%), from €770,549 to €816,763
- Receivables within one year -€32,527
down €32,527 (-23.8%), from €136,463 to €103,935
of which Trade receivables: -€32,616
- Accrued charges and deferred income -€292,575
down €292,575 (-100.0%), from €292,701 to €126
- Trade debts +€210,010
up €210,010 (+20.2%), from €1.0m to €1.2m
- Tax, wage and social debts +€120,390
up €120,390 (+38.4%), from €313,895 to €434,286
of which Remuneration and social security: +€101,984
- Profit (loss) carried forward +€114,091
up €114,091, from -€38,719 to €75,372
- Gross operating margin +€927,311
up €927,311 (+49.3%), from €1.9m to €2.8m
- Staff costs +€665,234
up €665,234 (+36.6%), from €1.8m to €2.5m
- Taxes +€39,963
up €39,963 (+25,871%), from €154 to €40,118
- Other operating charges +€39,486
up €39,486 (+50.8%), from €77,687 to €117,173
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,809,821 | €1,961,747 | +€151,926 | +8.4% |
| Formation expenses | 20 | €1 | €1 | = | 0.0% |
| Fixed assets | 21/28 | €40,291 | €55,735 | +€15,444 | +38.3% |
| Tangible fixed assets | 22/27 | €40,291 | €55,735 | +€15,444 | +38.3% |
| Plant, machinery and equipment | 23 | €35,958 | €46,329 | +€10,371 | +28.8% |
| Furniture and vehicles | 24 | €4,333 | €9,406 | +€5,073 | +117% |
| Current assets | 29/58 | €1,769,529 | €1,906,011 | +€136,482 | +7.7% |
| Stocks and contracts in progress | 3 | €770,549 | €816,763 | +€46,215 | +6.0% |
| Stocks | 30/36 | €770,549 | €816,763 | +€46,215 | +6.0% |
| Amounts receivable within one year | 40/41 | €136,463 | €103,935 | -€32,527 | -23.8% |
| Trade receivables | 40 | €136,201 | €103,585 | -€32,616 | -23.9% |
| Other amounts receivable | 41 | €262 | €350 | +€88 | +33.8% |
| Cash at bank and in hand | 54/58 | €856,508 | €975,625 | +€119,117 | +13.9% |
| Deferred charges and accrued income | 490/1 | €6,009 | €9,686 | +€3,677 | +61.2% |
| Total equity and liabilities | 10/49 | €1,809,821 | €1,961,747 | +€151,926 | +8.4% |
| Equity | 10/15 | €11,281 | €125,372 | +€114,091 | +1,011% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,719 | €75,372 | +€114,091 | |
| Amounts payable | 17/49 | €1,798,540 | €1,836,375 | +€37,835 | +2.1% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,355,839 | €1,686,249 | +€330,410 | +24.4% |
| Trade debts | 44 | €1,037,281 | €1,247,291 | +€210,010 | +20.2% |
| Suppliers | 440/4 | €1,037,281 | €1,247,291 | +€210,010 | +20.2% |
| Taxes, remuneration and social security | 45 | €313,895 | €434,286 | +€120,390 | +38.4% |
| Taxes | 450/3 | €48,192 | €66,599 | +€18,407 | +38.2% |
| Remuneration and social security | 454/9 | €265,703 | €367,687 | +€101,984 | +38.4% |
| Other amounts payable | 47/48 | €4,663 | €4,673 | +€9 | +0.2% |
| Accrued charges and deferred income | 492/3 | €292,701 | €126 | -€292,575 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,816,272 | €2,481,506 | +€665,234 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,406 | €10,972 | +€7,566 | +222% |
| Other operating charges | 640/8 | €77,687 | €117,173 | +€39,486 | +50.8% |
| Gross operating margin | 9900 | €1,881,177 | €2,808,488 | +€927,311 | +49.3% |
| Operating profit (loss) | 9901 | -€16,188 | €198,837 | +€215,025 | |
| Financial income | 75/76B | - | €2,561 | +€2,561 | |
| Recurring financial income | 75 | - | €2,561 | +€2,561 | |
| Financial charges | 65/66B | €22,376 | €47,189 | +€24,813 | +111% |
| Recurring financial charges | 65 | €22,376 | €47,189 | +€24,813 | +111% |
| Profit (loss) for the period before taxes | 9903 | -€38,564 | €154,209 | +€192,773 | |
| Income taxes | 67/77 | €154 | €40,118 | +€39,963 | +25,871% |
| Profit (loss) for the period | 9904 | -€38,719 | €114,091 | +€152,809 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,719 | €114,091 | +€152,809 |
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 14 October 2026 via checked.be.