MML-Projects: 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.
MML-Projects
Largest movements
- Receivables within one year -€318,498
down €318,498 (-99.2%), from €320,969 to €2,471
of which Other amounts receivable: -€320,250
- Receivables after one year +€310,000
new in 2025: €310,000
- Cash -€50,691
down €50,691 (-94.6%), from €53,565 to €2,874
mainly Receivables after one year (-€310,000) and Net result for the year (-€53,000)
- Profit (loss) carried forward -€53,000
down €53,000 (-297.3%), from -€17,828 to -€70,829
- Gross operating margin -€139,894
down €139,894, from €96,193 to -€43,700
- Depreciation -€90,692
down €90,692 (-100.0%), from €90,692 to €0
- Other operating charges -€12,258
down €12,258 (-72.2%), from €16,990 to €4,731
- Staff costs +€1,542
up €1,542 (+58.7%), from €2,626 to €4,168
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 | €1,437,513 | €1,383,376 | -€54,137 | -3.8% |
| Fixed assets | 21/28 | €1,062,979 | €1,062,979 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,062,979 | €1,062,979 | = | 0.0% |
| Land and buildings | 22 | €1,010,905 | €1,010,905 | = | 0.0% |
| Plant, machinery and equipment | 23 | €285 | €285 | = | 0.0% |
| Furniture and vehicles | 24 | €51,788 | €51,788 | = | 0.0% |
| Current assets | 29/58 | €374,534 | €320,397 | -€54,137 | -14.5% |
| Amounts receivable after more than one year | 29 | - | €310,000 | +€310,000 | |
| Other amounts receivable | 291 | - | €310,000 | +€310,000 | |
| Amounts receivable within one year | 40/41 | €320,969 | €2,471 | -€318,498 | -99.2% |
| Trade receivables | 40 | - | €1,752 | +€1,752 | |
| Other amounts receivable | 41 | €320,969 | €719 | -€320,250 | -99.8% |
| Cash at bank and in hand | 54/58 | €53,565 | €2,874 | -€50,691 | -94.6% |
| Deferred charges and accrued income | 490/1 | - | €5,052 | +€5,052 | |
| Total equity and liabilities | 10/49 | €1,437,513 | €1,383,376 | -€54,137 | -3.8% |
| Equity | 10/15 | €2,172 | -€50,829 | -€53,000 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,828 | -€70,829 | -€53,000 | -297.3% |
| Amounts payable | 17/49 | €1,435,341 | €1,434,205 | -€1,136 | -0.1% |
| Amounts payable after more than one year | 17 | €1,382,000 | €1,377,000 | -€5,000 | -0.4% |
| Financial debts | 170/4 | €1,382,000 | €1,377,000 | -€5,000 | -0.4% |
| Amounts payable within one year | 42/48 | €53,341 | €57,205 | +€3,864 | +7.2% |
| Trade debts | 44 | €12,100 | €26,015 | +€13,915 | +115.0% |
| Suppliers | 440/4 | €12,100 | €26,015 | +€13,915 | +115.0% |
| Advances received on contracts in progress | 46 | €13,659 | €3,654 | -€10,005 | -73.2% |
| Taxes, remuneration and social security | 45 | €545 | €0 | -€545 | -100.0% |
| Taxes | 450/3 | €2 | €0 | -€2 | -100.0% |
| Remuneration and social security | 454/9 | €543 | €0 | -€543 | -100.0% |
| Other amounts payable | 47/48 | €27,037 | €27,535 | +€499 | +1.8% |
| Non-recurring operating income | 76A | €185,877 | €0 | -€185,877 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,626 | €4,168 | +€1,542 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,692 | €0 | -€90,692 | -100.0% |
| Other operating charges | 640/8 | €16,990 | €4,731 | -€12,258 | -72.2% |
| Gross operating margin | 9900 | €96,193 | -€43,700 | -€139,894 | |
| Operating profit (loss) | 9901 | -€14,115 | -€52,600 | -€38,485 | -272.7% |
| Financial income | 75/76B | €25 | €3 | -€22 | -87.6% |
| Recurring financial income | 75 | €25 | €3 | -€22 | -87.6% |
| Financial charges | 65/66B | €359 | €403 | +€44 | +12.3% |
| Recurring financial charges | 65 | €359 | €403 | +€44 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,449 | -€53,000 | -€38,551 | -266.8% |
| Profit (loss) for the period | 9904 | -€14,449 | -€53,000 | -€38,551 | -266.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,449 | -€53,000 | -€38,551 | -266.8% |
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 10 October 2026 via checked.be.