MMJ CONCEPT: 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.
MMJ CONCEPT
Largest movements
- Cash +€158,068
up €158,068 (+253%), from €62,482 to €220,550
mainly Net result for the year (+€118,282) and Tax, wage and social debts (+€84,946)
- Receivables within one year +€85,145
up €85,145 (+3,140%), from €2,712 to €87,857
of which Trade receivables: +€78,937
- Tangible fixed assets +€12,821
new in 2025: €12,821
of which Furniture and vehicles: +€11,745
- Reserves +€124,403
new in 2025: €124,403
- Tax, wage and social debts +€84,946
new in 2025: €84,946
of which Taxes: +€75,893
- Other debts +€74,706
up €74,706 (+5,394%), from €1,385 to €76,091
- Profit (loss) carried forward -€56,121
down €56,121 (-100%), from €56,121 to €0
- Trade debts +€32,913
up €32,913 (+756%), from €4,356 to €37,269
- Gross operating margin +€157,815
up €157,815 (+246%), from €64,180 to €221,995
- Taxes +€75,893
new in 2025: €75,893
- Staff costs +€18,804
new in 2025: €18,804
- Other operating charges +€5,363
up €5,363 (+1,386%), from €387 to €5,750
- Depreciation +€2,241
new in 2025: €2,241
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 | €68,757 | €323,906 | +€255,149 | +371% |
| Fixed assets | 21/28 | - | €12,821 | +€12,821 | |
| Tangible fixed assets | 22/27 | - | €12,821 | +€12,821 | |
| Plant, machinery and equipment | 23 | - | €1,076 | +€1,076 | |
| Furniture and vehicles | 24 | - | €11,745 | +€11,745 | |
| Current assets | 29/58 | €68,757 | €311,085 | +€242,328 | +352% |
| Amounts receivable within one year | 40/41 | €2,712 | €87,857 | +€85,145 | +3,140% |
| Trade receivables | 40 | €1,600 | €80,537 | +€78,937 | +4,934% |
| Other amounts receivable | 41 | €1,112 | €7,320 | +€6,208 | +558% |
| Cash at bank and in hand | 54/58 | €62,482 | €220,550 | +€158,068 | +253% |
| Deferred charges and accrued income | 490/1 | €3,563 | €2,677 | -€886 | -24.9% |
| Total equity and liabilities | 10/49 | €68,757 | €323,906 | +€255,149 | +371% |
| Equity | 10/15 | €61,021 | €124,503 | +€63,482 | +104% |
| Contributions | 10/11 | €4,900 | €100 | -€4,800 | -98.0% |
| Reserves | 13 | - | €124,403 | +€124,403 | |
| Distributable reserves | 133 | - | €124,403 | +€124,403 | |
| Profit (loss) carried forward | 14 | €56,121 | €0 | -€56,121 | -100% |
| Amounts payable | 17/49 | €7,736 | €199,403 | +€191,667 | +2,478% |
| Amounts payable within one year | 42/48 | €5,741 | €198,306 | +€192,565 | +3,354% |
| Trade debts | 44 | €4,356 | €37,269 | +€32,913 | +756% |
| Suppliers | 440/4 | €4,356 | €37,269 | +€32,913 | +756% |
| Taxes, remuneration and social security | 45 | - | €84,946 | +€84,946 | |
| Taxes | 450/3 | - | €75,893 | +€75,893 | |
| Remuneration and social security | 454/9 | - | €9,053 | +€9,053 | |
| Other amounts payable | 47/48 | €1,385 | €76,091 | +€74,706 | +5,394% |
| Accrued charges and deferred income | 492/3 | €1,995 | €1,097 | -€898 | -45.0% |
| Remuneration, social security and pensions | 62 | - | €18,804 | +€18,804 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,241 | +€2,241 | |
| Other operating charges | 640/8 | €387 | €5,750 | +€5,363 | +1,386% |
| Gross operating margin | 9900 | €64,180 | €221,995 | +€157,815 | +246% |
| Operating profit (loss) | 9901 | €63,793 | €195,200 | +€131,407 | +206% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €82 | €1,084 | +€1,002 | +1,222% |
| Recurring financial charges | 65 | €82 | €1,084 | +€1,002 | +1,222% |
| Profit (loss) for the period before taxes | 9903 | €63,711 | €194,175 | +€130,464 | +205% |
| Income taxes | 67/77 | - | €75,893 | +€75,893 | |
| Profit (loss) for the period | 9904 | €63,711 | €118,282 | +€54,571 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,711 | €118,282 | +€54,571 | +85.7% |
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 13 October 2026 via checked.be.