MMF SERVICES: 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.
MMF SERVICES
Largest movements
- Cash +€18,611
up €18,611 (+867.8%), from €2,145 to €20,756
mainly Receivables within one year (+€16,856) and Other debts (+€11,917)
- Receivables within one year -€16,856
no longer reported in 2025 (was €16,856)
- Tangible fixed assets -€3,478
down €3,478 (-55.2%), from €6,304 to €2,826
- Other debts +€11,917
up €11,917 (+133.5%), from €8,928 to €20,845
- Trade debts -€11,105
down €11,105 (-74.8%), from €14,838 to €3,733
- Tax, wage and social debts -€1,371
down €1,371 (-55.4%), from €2,476 to €1,105
of which Taxes: -€711
- Profit (loss) carried forward -€1,071
down €1,071, from €9 to -€1,063
- Gross operating margin -€12,538
down €12,538 (-71.6%), from €17,506 to €4,969
- Other operating charges -€3,251
down €3,251 (-71.0%), from €4,576 to €1,325
- Depreciation -€652
down €652 (-15.8%), from €4,130 to €3,478
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 | €28,250 | €26,620 | -€1,630 | -5.8% |
| Fixed assets | 21/28 | €6,304 | €2,826 | -€3,478 | -55.2% |
| Tangible fixed assets | 22/27 | €6,304 | €2,826 | -€3,478 | -55.2% |
| Furniture and vehicles | 24 | €6,304 | €2,826 | -€3,478 | -55.2% |
| Current assets | 29/58 | €21,946 | €23,794 | +€1,848 | +8.4% |
| Amounts receivable within one year | 40/41 | €16,856 | - | -€16,856 | |
| Trade receivables | 40 | €16,856 | - | -€16,856 | |
| Cash at bank and in hand | 54/58 | €2,145 | €20,756 | +€18,611 | +867.8% |
| Deferred charges and accrued income | 490/1 | €2,946 | €3,038 | +€93 | +3.1% |
| Total equity and liabilities | 10/49 | €28,250 | €26,620 | -€1,630 | -5.8% |
| Equity | 10/15 | €2,009 | €937 | -€1,071 | -53.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9 | -€1,063 | -€1,071 | |
| Amounts payable | 17/49 | €26,242 | €25,683 | -€559 | -2.1% |
| Amounts payable within one year | 42/48 | €26,242 | €25,683 | -€559 | -2.1% |
| Trade debts | 44 | €14,838 | €3,733 | -€11,105 | -74.8% |
| Suppliers | 440/4 | €14,838 | €3,733 | -€11,105 | -74.8% |
| Taxes, remuneration and social security | 45 | €2,476 | €1,105 | -€1,371 | -55.4% |
| Taxes | 450/3 | €839 | €128 | -€711 | -84.8% |
| Remuneration and social security | 454/9 | €1,637 | €977 | -€660 | -40.3% |
| Other amounts payable | 47/48 | €8,928 | €20,845 | +€11,917 | +133.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,130 | €3,478 | -€652 | -15.8% |
| Other operating charges | 640/8 | €4,576 | €1,325 | -€3,251 | -71.0% |
| Non-recurring operating charges | 66A | €886 | €744 | -€142 | -16.1% |
| Gross operating margin | 9900 | €17,506 | €4,969 | -€12,538 | -71.6% |
| Operating profit (loss) | 9901 | €7,914 | -€578 | -€8,492 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €416 | €493 | +€78 | +18.7% |
| Recurring financial charges | 65 | €416 | €493 | +€78 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €7,499 | -€1,071 | -€8,570 | |
| Profit (loss) for the period | 9904 | €7,499 | -€1,071 | -€8,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,499 | -€1,071 | -€8,570 |
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 28 September 2026 via checked.be.