MMCD: 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.
MMCD
Largest movements
- Receivables within one year +€17,988
up €17,988 (+3090.7%), from €582 to €18,570
of which Other amounts receivable: +€12,621
- Cash +€655
new in 2025: €655
mainly Trade debts (+€15,830) and Net result for the year (+€12,656)
- Trade debts +€15,830
new in 2025: €15,830
- Other debts -€14,860
down €14,860 (-100.0%), from €14,860 to €0
- Profit (loss) carried forward +€12,655
up €12,655 (+54.4%), from -€23,266 to -€10,611
- Tax, wage and social debts +€5,083
up €5,083 (+589.7%), from €862 to €5,945
- Gross operating margin +€12,892
up €12,892 (+255.2%), from €5,052 to €17,944
- Taxes +€4,430
up €4,430 (+678.4%), from €653 to €5,083
- Financial charges +€234
new in 2025: €234
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 | €582 | €19,224 | +€18,642 | +3203.2% |
| Current assets | 29/58 | €582 | €19,224 | +€18,642 | +3203.2% |
| Amounts receivable within one year | 40/41 | €582 | €18,570 | +€17,988 | +3090.7% |
| Trade receivables | 40 | - | €5,366 | +€5,366 | |
| Other amounts receivable | 41 | €582 | €13,203 | +€12,621 | +2168.6% |
| Cash at bank and in hand | 54/58 | - | €655 | +€655 | |
| Total equity and liabilities | 10/49 | €582 | €19,224 | +€18,642 | +3203.2% |
| Equity | 10/15 | -€15,206 | -€2,551 | +€12,655 | +83.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,266 | -€10,611 | +€12,655 | +54.4% |
| Amounts payable | 17/49 | €15,788 | €21,775 | +€5,987 | +37.9% |
| Amounts payable within one year | 42/48 | €15,722 | €21,775 | +€6,053 | +38.5% |
| Trade debts | 44 | - | €15,830 | +€15,830 | |
| Suppliers | 440/4 | - | €15,830 | +€15,830 | |
| Taxes, remuneration and social security | 45 | €862 | €5,945 | +€5,083 | +589.7% |
| Taxes | 450/3 | €862 | €5,945 | +€5,083 | +589.7% |
| Other amounts payable | 47/48 | €14,860 | €0 | -€14,860 | -100.0% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100.0% |
| Gross operating margin | 9900 | €5,052 | €17,944 | +€12,892 | +255.2% |
| Operating profit (loss) | 9901 | €5,052 | €17,944 | +€12,892 | +255.2% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | - | €234 | +€234 | |
| Recurring financial charges | 65 | - | €234 | +€234 | |
| Profit (loss) for the period before taxes | 9903 | €5,052 | €17,739 | +€12,687 | +251.1% |
| Income taxes | 67/77 | €653 | €5,083 | +€4,430 | +678.4% |
| Profit (loss) for the period | 9904 | €4,399 | €12,656 | +€8,257 | +187.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,399 | €12,656 | +€8,257 | +187.7% |
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 12 October 2026 via checked.be.