MMC CONSTRUCT: 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.
MMC CONSTRUCT
Largest movements
- Receivables within one year +€59,750
up €59,750 (+118.9%), from €50,246 to €109,996
of which Trade receivables: +€41,991
- Cash +€42,260
up €42,260 (+77.8%), from €54,337 to €96,597
mainly Net result for the year (+€96,989) and Trade debts (+€51,661)
- Tangible fixed assets +€15,085
up €15,085 (+76.7%), from €19,666 to €34,751
of which Plant, machinery and equipment: +€14,916
- Trade debts +€51,661
up €51,661 (+375.7%), from €13,752 to €65,412
- Other debts +€28,025
up €28,025 (+270.0%), from €10,379 to €38,403
- Profit (loss) carried forward +€19,989
up €19,989 (+31.3%), from €63,944 to €83,933
- Tax, wage and social debts +€18,905
up €18,905 (+58.0%), from €32,608 to €51,513
of which Taxes: +€24,634
- Gross operating margin +€64,756
up €64,756 (+52.2%), from €124,128 to €188,883
- Staff costs +€25,609
up €25,609 (+81.5%), from €31,408 to €57,017
- Taxes +€12,384
up €12,384 (+78.7%), from €15,744 to €28,129
- Depreciation +€4,783
up €4,783 (+312.3%), from €1,531 to €6,314
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 | €124,777 | €243,356 | +€118,579 | +95.0% |
| Fixed assets | 21/28 | €19,666 | €34,751 | +€15,085 | +76.7% |
| Tangible fixed assets | 22/27 | €19,666 | €34,751 | +€15,085 | +76.7% |
| Plant, machinery and equipment | 23 | - | €14,916 | +€14,916 | |
| Furniture and vehicles | 24 | €19,666 | €19,835 | +€169 | +0.9% |
| Current assets | 29/58 | €105,111 | €208,605 | +€103,494 | +98.5% |
| Amounts receivable within one year | 40/41 | €50,246 | €109,996 | +€59,750 | +118.9% |
| Trade receivables | 40 | €41,795 | €83,786 | +€41,991 | +100.5% |
| Other amounts receivable | 41 | €8,451 | €26,210 | +€17,759 | +210.2% |
| Cash at bank and in hand | 54/58 | €54,337 | €96,597 | +€42,260 | +77.8% |
| Deferred charges and accrued income | 490/1 | €527 | €2,011 | +€1,484 | +281.3% |
| Total equity and liabilities | 10/49 | €124,777 | €243,356 | +€118,579 | +95.0% |
| Equity | 10/15 | €68,039 | €88,028 | +€19,989 | +29.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €95 | €95 | = | 0.0% |
| Distributable reserves | 133 | €95 | €95 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,944 | €83,933 | +€19,989 | +31.3% |
| Amounts payable | 17/49 | €56,738 | €155,328 | +€98,590 | +173.8% |
| Amounts payable within one year | 42/48 | €56,738 | €155,328 | +€98,590 | +173.8% |
| Trade debts | 44 | €13,752 | €65,412 | +€51,661 | +375.7% |
| Suppliers | 440/4 | €13,752 | €65,412 | +€51,661 | +375.7% |
| Taxes, remuneration and social security | 45 | €32,608 | €51,513 | +€18,905 | +58.0% |
| Taxes | 450/3 | €21,576 | €46,210 | +€24,634 | +114.2% |
| Remuneration and social security | 454/9 | €11,032 | €5,303 | -€5,729 | -51.9% |
| Other amounts payable | 47/48 | €10,379 | €38,403 | +€28,025 | +270.0% |
| Remuneration, social security and pensions | 62 | €31,408 | €57,017 | +€25,609 | +81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €6,314 | +€4,783 | +312.3% |
| Other operating charges | 640/8 | €338 | €293 | -€45 | -13.2% |
| Gross operating margin | 9900 | €124,128 | €188,883 | +€64,756 | +52.2% |
| Operating profit (loss) | 9901 | €90,850 | €125,259 | +€34,409 | +37.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €95 | €142 | +€46 | +48.4% |
| Recurring financial charges | 65 | €95 | €142 | +€46 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €90,755 | €125,118 | +€34,363 | +37.9% |
| Income taxes | 67/77 | €15,744 | €28,129 | +€12,384 | +78.7% |
| Profit (loss) for the period | 9904 | €75,010 | €96,989 | +€21,979 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,010 | €96,989 | +€21,979 | +29.3% |
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 10 October 2026 via checked.be.