MMBB: what changed
Two fiscal 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.
MMBB
Largest movements
- Receivables after one year +€70,000
new in 2025: €70,000
- Receivables within one year -€22,643
down €22,643 (-98.3%), from €23,037 to €394
of which Other amounts receivable: -€14,633
- Tangible fixed assets +€7,473
up €7,473 (+28.6%), from €26,154 to €33,628
of which Furniture and vehicles: +€8,462
- Cash +€7,076
up €7,076 (+58.2%), from €12,161 to €19,237
mainly Net result for the year (+€147,355) and Tax, wage and social debts (+€23,921)
- Reserves +€25,002
up €25,002 (+107.3%), from €23,309 to €48,311
of which Distributable reserves: +€24,709
- Tax, wage and social debts +€23,921
up €23,921 (+356.1%), from €6,718 to €30,639
- Other debts +€17,302
up €17,302 (+439.6%), from €3,936 to €21,237
- Trade debts -€4,510
down €4,510 (-51.9%), from €8,690 to €4,180
- Gross operating margin +€92,778
up €92,778 (+83.2%), from €111,486 to €204,265
- Taxes +€22,555
up €22,555 (+94.3%), from €23,925 to €46,481
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.
Cash bridge derived
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 | €62,652 | €124,403 | +€61,751 | +98.6% |
| Fixed assets | 21/28 | €26,154 | €33,628 | +€7,473 | +28.6% |
| Tangible fixed assets | 22/27 | €26,154 | €33,628 | +€7,473 | +28.6% |
| Plant, machinery and equipment | 23 | €18,554 | €17,565 | -€989 | -5.3% |
| Furniture and vehicles | 24 | €7,600 | €16,063 | +€8,462 | +111.3% |
| Current assets | 29/58 | €36,498 | €90,776 | +€54,278 | +148.7% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Trade receivables | 290 | - | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €23,037 | €394 | -€22,643 | -98.3% |
| Trade receivables | 40 | €8,404 | €394 | -€8,011 | -95.3% |
| Other amounts receivable | 41 | €14,633 | - | -€14,633 | |
| Cash at bank and in hand | 54/58 | €12,161 | €19,237 | +€7,076 | +58.2% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,145 | -€155 | -11.9% |
| Total equity and liabilities | 10/49 | €62,652 | €124,403 | +€61,751 | +98.6% |
| Equity | 10/15 | €43,309 | €68,311 | +€25,002 | +57.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €23,309 | €48,311 | +€25,002 | +107.3% |
| Non-distributable reserves | 130/1 | €838 | €1,132 | +€294 | +35.1% |
| Reserves not available under the articles | 1311 | €838 | €1,132 | +€294 | +35.1% |
| Distributable reserves | 133 | €22,471 | €47,179 | +€24,709 | +110.0% |
| Amounts payable | 17/49 | €19,343 | €56,092 | +€36,749 | +190.0% |
| Amounts payable within one year | 42/48 | €19,343 | €56,056 | +€36,713 | +189.8% |
| Trade debts | 44 | €8,690 | €4,180 | -€4,510 | -51.9% |
| Suppliers | 440/4 | €8,690 | €4,180 | -€4,510 | -51.9% |
| Taxes, remuneration and social security | 45 | €6,718 | €30,639 | +€23,921 | +356.1% |
| Taxes | 450/3 | €6,718 | €30,639 | +€23,921 | +356.1% |
| Other amounts payable | 47/48 | €3,936 | €21,237 | +€17,302 | +439.6% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Remuneration, social security and pensions | 62 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,114 | €4,942 | +€1,828 | +58.7% |
| Other operating charges | 640/8 | €61 | - | -€61 | |
| Non-recurring operating charges | 66A | - | €4,472 | +€4,472 | |
| Gross operating margin | 9900 | €111,486 | €204,265 | +€92,778 | +83.2% |
| Operating profit (loss) | 9901 | €108,312 | €194,690 | +€86,379 | +79.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +9400.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +9400.0% |
| Financial charges | 65/66B | €584 | €855 | +€271 | +46.4% |
| Recurring financial charges | 65 | €584 | €855 | +€271 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €107,727 | €193,836 | +€86,109 | +79.9% |
| Income taxes | 67/77 | €23,925 | €46,481 | +€22,555 | +94.3% |
| Profit (loss) for the period | 9904 | €83,802 | €147,355 | +€63,553 | +75.8% |
| Transfer to tax-exempt reserves | 689 | €294 | €294 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,508 | €147,062 | +€63,553 | +76.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.