MMJ STORES: 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 STORES
Largest movements
- Cash -€46,278
down €46,278 (-45.1%), from €102,647 to €56,369
mainly Debts after one year (-€61,710) and Trade debts (-€53,884)
- Receivables within one year -€32,583
down €32,583 (-55.1%), from €59,091 to €26,508
of which Other amounts receivable: -€22,385
- Tangible fixed assets -€16,993
down €16,993 (-26.1%), from €64,995 to €48,002
of which Other tangible fixed assets: -€11,522
- Stocks and contracts -€13,869
down €13,869 (-7.0%), from €197,342 to €183,472
- Intangible fixed assets -€5,569
down €5,569 (-72.5%), from €7,679 to €2,109
- Debts after one year -€61,710
down €61,710 (-53.5%), from €115,323 to €53,613
- Trade debts -€53,884
down €53,884 (-67.6%), from €79,702 to €25,817
- Tax, wage and social debts -€10,738
down €10,738 (-26.6%), from €40,377 to €29,639
of which Taxes: -€10,376
- Short-term financial debts -€6,789
no longer reported in 2025 (was €6,789)
- Current portion of long-term debt +€5,444
up €5,444 (+10.0%), from €54,298 to €59,742
- Financial income +€29,253
up €29,253 (+11,725%), from €250 to €29,502
- Gross operating margin -€17,700
down €17,700 (-8.6%), from €205,273 to €187,574
- Staff costs +€6,499
up €6,499 (+4.6%), from €141,937 to €148,435
- Depreciation -€6,483
down €6,483 (-21.3%), from €30,418 to €23,935
- Other operating charges -€2,683
down €2,683 (-83.1%), from €3,231 to €547
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 | €443,490 | €323,841 | -€119,648 | -27.0% |
| Fixed assets | 21/28 | €80,323 | €56,111 | -€24,212 | -30.1% |
| Intangible fixed assets | 21 | €7,679 | €2,109 | -€5,569 | -72.5% |
| Tangible fixed assets | 22/27 | €64,995 | €48,002 | -€16,993 | -26.1% |
| Plant, machinery and equipment | 23 | €1,959 | €920 | -€1,039 | -53.0% |
| Furniture and vehicles | 24 | €16,046 | €11,614 | -€4,432 | -27.6% |
| Other tangible fixed assets | 26 | €46,990 | €35,468 | -€11,522 | -24.5% |
| Financial fixed assets | 28 | €7,650 | €6,000 | -€1,650 | -21.6% |
| Current assets | 29/58 | €363,166 | €267,730 | -€95,436 | -26.3% |
| Stocks and contracts in progress | 3 | €197,342 | €183,472 | -€13,869 | -7.0% |
| Stocks | 30/36 | €197,342 | €183,472 | -€13,869 | -7.0% |
| Amounts receivable within one year | 40/41 | €59,091 | €26,508 | -€32,583 | -55.1% |
| Trade receivables | 40 | €22,304 | €12,106 | -€10,198 | -45.7% |
| Other amounts receivable | 41 | €36,787 | €14,402 | -€22,385 | -60.9% |
| Cash at bank and in hand | 54/58 | €102,647 | €56,369 | -€46,278 | -45.1% |
| Deferred charges and accrued income | 490/1 | €4,087 | €1,381 | -€2,706 | -66.2% |
| Total equity and liabilities | 10/49 | €443,490 | €323,841 | -€119,648 | -27.0% |
| Equity | 10/15 | €147,001 | €154,634 | +€7,634 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Distributable reserves | 133 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Profit (loss) carried forward | 14 | €98,401 | €101,034 | +€2,634 | +2.7% |
| Amounts payable | 17/49 | €296,489 | €169,207 | -€127,282 | -42.9% |
| Amounts payable after more than one year | 17 | €115,323 | €53,613 | -€61,710 | -53.5% |
| Financial debts | 170/4 | €115,323 | €53,613 | -€61,710 | -53.5% |
| Amounts payable within one year | 42/48 | €181,166 | €115,594 | -€65,572 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €54,298 | €59,742 | +€5,444 | +10.0% |
| Financial debts | 43 | €6,789 | - | -€6,789 | |
| Other loans | 439 | €6,789 | - | -€6,789 | |
| Trade debts | 44 | €79,702 | €25,817 | -€53,884 | -67.6% |
| Suppliers | 440/4 | €79,702 | €25,817 | -€53,884 | -67.6% |
| Taxes, remuneration and social security | 45 | €40,377 | €29,639 | -€10,738 | -26.6% |
| Taxes | 450/3 | €17,518 | €7,142 | -€10,376 | -59.2% |
| Remuneration and social security | 454/9 | €22,859 | €22,497 | -€362 | -1.6% |
| Other amounts payable | 47/48 | - | €395 | +€395 | |
| Remuneration, social security and pensions | 62 | €141,937 | €148,435 | +€6,499 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,418 | €23,935 | -€6,483 | -21.3% |
| Other operating charges | 640/8 | €3,231 | €547 | -€2,683 | -83.1% |
| Non-recurring operating charges | 66A | €1,421 | €19,011 | +€17,590 | +1,238% |
| Gross operating margin | 9900 | €205,273 | €187,574 | -€17,700 | -8.6% |
| Operating profit (loss) | 9901 | €28,267 | -€4,354 | -€32,621 | |
| Financial income | 75/76B | €250 | €29,502 | +€29,253 | +11,725% |
| Recurring financial income | 75 | €250 | €29,502 | +€29,253 | +11,725% |
| Financial charges | 65/66B | €12,490 | €12,076 | -€414 | -3.3% |
| Recurring financial charges | 65 | €12,490 | €12,076 | -€414 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €16,026 | €13,072 | -€2,954 | -18.4% |
| Income taxes | 67/77 | €5,673 | €5,438 | -€235 | -4.1% |
| Profit (loss) for the period | 9904 | €10,353 | €7,634 | -€2,719 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,353 | €7,634 | -€2,719 | -26.3% |
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 14 October 2026 via checked.be.