MMK 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.
MMK SERVICES
Largest movements
- Receivables within one year +€199,733
up €199,733 (+60.7%), from €329,300 to €529,033
of which Other amounts receivable: +€110,139
- Cash -€168,953
down €168,953 (-37.4%), from €452,001 to €283,048
mainly Receivables within one year (-€199,733) and Trade debts (-€112,157)
- Tax, wage and social debts +€128,583
up €128,583 (+41.8%), from €307,491 to €436,074
of which Remuneration and social security: +€139,207
- Trade debts -€112,157
down €112,157 (-85.7%), from €130,840 to €18,683
- Profit (loss) carried forward +€17,386
up €17,386 (+4.7%), from €369,612 to €386,998
- Gross operating margin -€375,125
down €375,125 (-42.2%), from €888,537 to €513,412
- Taxes -€70,079
down €70,079 (-71.2%), from €98,400 to €28,321
- Other operating charges -€22,391
down €22,391 (-87.4%), from €25,630 to €3,239
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 | €809,943 | €843,755 | +€33,812 | +4.2% |
| Fixed assets | 21/28 | €27,233 | €30,234 | +€3,001 | +11.0% |
| Tangible fixed assets | 22/27 | €15,987 | €18,988 | +€3,001 | +18.8% |
| Plant, machinery and equipment | 23 | €3,825 | €3,093 | -€732 | -19.1% |
| Furniture and vehicles | 24 | €12,162 | €15,895 | +€3,733 | +30.7% |
| Financial fixed assets | 28 | €11,246 | €11,246 | = | 0.0% |
| Current assets | 29/58 | €782,710 | €813,521 | +€30,811 | +3.9% |
| Amounts receivable within one year | 40/41 | €329,300 | €529,033 | +€199,733 | +60.7% |
| Trade receivables | 40 | €278,675 | €368,269 | +€89,594 | +32.1% |
| Other amounts receivable | 41 | €50,625 | €160,764 | +€110,139 | +217.6% |
| Cash at bank and in hand | 54/58 | €452,001 | €283,048 | -€168,953 | -37.4% |
| Deferred charges and accrued income | 490/1 | €1,409 | €1,440 | +€31 | +2.2% |
| Total equity and liabilities | 10/49 | €809,943 | €843,755 | +€33,812 | +4.2% |
| Equity | 10/15 | €371,612 | €388,998 | +€17,386 | +4.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €369,612 | €386,998 | +€17,386 | +4.7% |
| Amounts payable | 17/49 | €438,331 | €454,757 | +€16,426 | +3.7% |
| Amounts payable within one year | 42/48 | €438,331 | €454,757 | +€16,426 | +3.7% |
| Trade debts | 44 | €130,840 | €18,683 | -€112,157 | -85.7% |
| Suppliers | 440/4 | €130,840 | €18,683 | -€112,157 | -85.7% |
| Taxes, remuneration and social security | 45 | €307,491 | €436,074 | +€128,583 | +41.8% |
| Taxes | 450/3 | €255,104 | €244,480 | -€10,624 | -4.2% |
| Remuneration and social security | 454/9 | €52,387 | €191,594 | +€139,207 | +265.7% |
| Remuneration, social security and pensions | 62 | €376,825 | €377,499 | +€674 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,029 | €7,451 | +€1,422 | +23.6% |
| Other operating charges | 640/8 | €25,630 | €3,239 | -€22,391 | -87.4% |
| Non-recurring operating charges | 66A | €271 | €8,143 | +€7,872 | +2904.8% |
| Gross operating margin | 9900 | €888,537 | €513,412 | -€375,125 | -42.2% |
| Operating profit (loss) | 9901 | €479,782 | €117,080 | -€362,702 | -75.6% |
| Financial charges | 65/66B | €1,563 | €784 | -€779 | -49.8% |
| Recurring financial charges | 65 | €1,563 | €784 | -€779 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €478,219 | €116,296 | -€361,923 | -75.7% |
| Income taxes | 67/77 | €98,400 | €28,321 | -€70,079 | -71.2% |
| Profit (loss) for the period | 9904 | €379,819 | €87,975 | -€291,844 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €379,819 | €87,975 | -€291,844 | -76.8% |
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 7 October 2026 via checked.be.