MMIA: 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.
MMIA
Largest movements
- Deferred charges and accrued income +€26,972
up €26,972 (+856%), from €3,150 to €30,122
- Cash -€7,918
down €7,918 (-11.6%), from €68,279 to €60,361
mainly Deferred charges and accrued income (-€26,972) and Receivables within one year (-€4,971)
- Receivables within one year +€4,971
up €4,971 (+53.2%), from €9,338 to €14,309
of which Other amounts receivable: +€4,439
- Tangible fixed assets +€1,549
up €1,549 (+935%), from €166 to €1,715
of which Furniture and vehicles: +€1,425
- Profit (loss) carried forward +€10,738
no longer reported in 2025 (was -€10,738)
- Reserves +€10,031
up €10,031 (+12.8%), from €78,600 to €88,631
- Tax, wage and social debts +€3,975
up €3,975 (+64.1%), from €6,201 to €10,177
of which Taxes: +€3,957
- Gross operating margin +€29,357
up €29,357 (+44,786%), from €66 to €29,423
- Taxes +€5,421
up €5,421 (+1,561%), from €347 to €5,768
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 | €81,181 | €106,507 | +€25,326 | +31.2% |
| Fixed assets | 21/28 | €166 | €1,715 | +€1,549 | +935% |
| Tangible fixed assets | 22/27 | €166 | €1,715 | +€1,549 | +935% |
| Plant, machinery and equipment | 23 | - | €124 | +€124 | |
| Furniture and vehicles | 24 | €166 | €1,591 | +€1,425 | +860% |
| Current assets | 29/58 | €81,015 | €104,792 | +€23,777 | +29.3% |
| Stocks and contracts in progress | 3 | €248 | - | -€248 | |
| Stocks | 30/36 | €248 | - | -€248 | |
| Amounts receivable within one year | 40/41 | €9,338 | €14,309 | +€4,971 | +53.2% |
| Trade receivables | 40 | €9,263 | €9,795 | +€532 | +5.7% |
| Other amounts receivable | 41 | €75 | €4,514 | +€4,439 | +5,892% |
| Cash at bank and in hand | 54/58 | €68,279 | €60,361 | -€7,918 | -11.6% |
| Deferred charges and accrued income | 490/1 | €3,150 | €30,122 | +€26,972 | +856% |
| Total equity and liabilities | 10/49 | €81,181 | €106,507 | +€25,326 | +31.2% |
| Equity | 10/15 | €74,062 | €94,831 | +€20,769 | +28.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,600 | €88,631 | +€10,031 | +12.8% |
| Distributable reserves | 133 | €78,600 | €88,631 | +€10,031 | +12.8% |
| Profit (loss) carried forward | 14 | -€10,738 | - | +€10,738 | |
| Amounts payable | 17/49 | €7,119 | €11,676 | +€4,557 | +64.0% |
| Amounts payable within one year | 42/48 | €6,731 | €11,276 | +€4,545 | +67.5% |
| Trade debts | 44 | €530 | €1,099 | +€569 | +107% |
| Suppliers | 440/4 | €530 | €1,099 | +€569 | +107% |
| Taxes, remuneration and social security | 45 | €6,201 | €10,177 | +€3,975 | +64.1% |
| Taxes | 450/3 | €5,287 | €9,245 | +€3,957 | +74.8% |
| Remuneration and social security | 454/9 | €914 | €932 | +€18 | +2.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €580 | €874 | +€294 | +50.7% |
| Other operating charges | 640/8 | €1,958 | €2,209 | +€251 | +12.8% |
| Gross operating margin | 9900 | €66 | €29,423 | +€29,357 | +44,786% |
| Operating profit (loss) | 9901 | -€2,473 | €26,340 | +€28,812 | |
| Financial income | 75/76B | €217 | €444 | +€226 | +104% |
| Recurring financial income | 75 | €217 | €444 | +€226 | +104% |
| Financial charges | 65/66B | €65 | €246 | +€181 | +280% |
| Recurring financial charges | 65 | €65 | €246 | +€181 | +280% |
| Profit (loss) for the period before taxes | 9903 | -€2,320 | €26,537 | +€28,857 | |
| Income taxes | 67/77 | €347 | €5,768 | +€5,421 | +1,561% |
| Profit (loss) for the period | 9904 | -€2,668 | €20,769 | +€23,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,668 | €20,769 | +€23,437 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.