MMI-CONSULT: 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.
MMI-CONSULT
Largest movements
- Cash -€10,070
down €10,070 (-8.7%), from €115,086 to €105,016
mainly Net result for the year (-€8,765) and Investment in fixed assets (net) (-€5,926)
- Receivables within one year +€2,074
new in 2025: €2,074
- Profit (loss) carried forward -€8,765
down €8,765 (-10.5%), from €83,471 to €74,706
- Other operating charges -€1,085
down €1,085 (-68.2%), from €1,591 to €506
- Taxes -€385
down €385 (-89.2%), from €432 to €47
- Depreciation +€248
up €248 (+3.4%), from €7,244 to €7,493
- Gross operating margin +€208
up €208 (+23.2%), from -€898 to -€690
- Financial income +€39
up €39 (+464%), from €8 to €47
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 | €163,685 | €153,167 | -€10,518 | -6.4% |
| Fixed assets | 21/28 | €47,311 | €45,744 | -€1,567 | -3.3% |
| Intangible fixed assets | 21 | €616 | - | -€616 | |
| Tangible fixed assets | 22/27 | €46,635 | €45,684 | -€951 | -2.0% |
| Land and buildings | 22 | €37,275 | €34,496 | -€2,779 | -7.5% |
| Plant, machinery and equipment | 23 | €5,951 | €8,228 | +€2,277 | +38.3% |
| Furniture and vehicles | 24 | €3,408 | €1,781 | -€1,627 | -47.7% |
| Other tangible fixed assets | 26 | - | €1,180 | +€1,180 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €116,374 | €107,423 | -€8,951 | -7.7% |
| Amounts receivable within one year | 40/41 | - | €2,074 | +€2,074 | |
| Other amounts receivable | 41 | - | €2,074 | +€2,074 | |
| Cash at bank and in hand | 54/58 | €115,086 | €105,016 | -€10,070 | -8.7% |
| Deferred charges and accrued income | 490/1 | €1,289 | €334 | -€955 | -74.1% |
| Total equity and liabilities | 10/49 | €163,685 | €153,167 | -€10,518 | -6.4% |
| Equity | 10/15 | €160,281 | €151,516 | -€8,765 | -5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,610 | €70,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €51,860 | €51,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,471 | €74,706 | -€8,765 | -10.5% |
| Amounts payable | 17/49 | €3,404 | €1,651 | -€1,753 | -51.5% |
| Amounts payable within one year | 42/48 | €1,685 | €874 | -€812 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €973 | - | -€973 | |
| Trade debts | 44 | - | €751 | +€751 | |
| Suppliers | 440/4 | - | €751 | +€751 | |
| Taxes, remuneration and social security | 45 | €262 | €123 | -€140 | -53.2% |
| Taxes | 450/3 | €262 | €123 | -€140 | -53.2% |
| Other amounts payable | 47/48 | €450 | - | -€450 | |
| Accrued charges and deferred income | 492/3 | €1,719 | €778 | -€941 | -54.7% |
| Non-recurring operating income | 76A | €18,100 | - | -€18,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,244 | €7,493 | +€248 | +3.4% |
| Other operating charges | 640/8 | €1,591 | €506 | -€1,085 | -68.2% |
| Gross operating margin | 9900 | -€898 | -€690 | +€208 | +23.2% |
| Operating profit (loss) | 9901 | -€9,734 | -€8,689 | +€1,046 | +10.7% |
| Financial income | 75/76B | €8 | €47 | +€39 | +464% |
| Recurring financial income | 75 | €8 | €47 | +€39 | +464% |
| Financial charges | 65/66B | €97 | €77 | -€20 | -20.8% |
| Recurring financial charges | 65 | €97 | €77 | -€20 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,823 | -€8,718 | +€1,105 | +11.2% |
| Income taxes | 67/77 | €432 | €47 | -€385 | -89.2% |
| Profit (loss) for the period | 9904 | -€10,255 | -€8,765 | +€1,490 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,255 | -€8,765 | +€1,490 | +14.5% |
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 27 October 2026 via checked.be.