MMlB Management: 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.
MMlB Management
Largest movements
- Cash -€12,798
down €12,798 (-47.3%), from €27,072 to €14,274
mainly Investment in fixed assets (net) (-€11,020) and Receivables within one year (-€7,260)
- Receivables within one year +€7,260
new in 2025: €7,260
- Tangible fixed assets +€3,447
up €3,447 (+35.4%), from €9,741 to €13,188
- Tax, wage and social debts -€1,771
down €1,771 (-71.2%), from €2,487 to €716
- Depreciation +€626
up €626 (+9.0%), from €6,947 to €7,573
- Gross operating margin +€551
up €551 (+7.5%), from €7,320 to €7,871
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 | €37,332 | €35,574 | -€1,758 | -4.7% |
| Fixed assets | 21/28 | €9,741 | €13,188 | +€3,447 | +35.4% |
| Tangible fixed assets | 22/27 | €9,741 | €13,188 | +€3,447 | +35.4% |
| Plant, machinery and equipment | 23 | €9,741 | €13,188 | +€3,447 | +35.4% |
| Current assets | 29/58 | €27,592 | €22,386 | -€5,206 | -18.9% |
| Amounts receivable within one year | 40/41 | - | €7,260 | +€7,260 | |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Cash at bank and in hand | 54/58 | €27,072 | €14,274 | -€12,798 | -47.3% |
| Deferred charges and accrued income | 490/1 | €520 | €852 | +€332 | +63.9% |
| Total equity and liabilities | 10/49 | €37,332 | €35,574 | -€1,758 | -4.7% |
| Equity | 10/15 | €10,181 | €10,408 | +€227 | +2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,700 | €5,700 | = | 0.0% |
| Distributable reserves | 133 | €5,700 | €5,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,919 | -€7,692 | +€227 | +2.9% |
| Amounts payable | 17/49 | €27,151 | €25,165 | -€1,986 | -7.3% |
| Amounts payable within one year | 42/48 | €27,151 | €25,165 | -€1,986 | -7.3% |
| Taxes, remuneration and social security | 45 | €2,487 | €716 | -€1,771 | -71.2% |
| Taxes | 450/3 | €2,487 | €716 | -€1,771 | -71.2% |
| Other amounts payable | 47/48 | €24,664 | €24,449 | -€215 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,947 | €7,573 | +€626 | +9.0% |
| Gross operating margin | 9900 | €7,320 | €7,871 | +€551 | +7.5% |
| Operating profit (loss) | 9901 | €373 | €298 | -€75 | -20.2% |
| Financial charges | 65/66B | €100 | €71 | -€29 | -29.2% |
| Recurring financial charges | 65 | €100 | €71 | -€29 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €274 | €227 | -€46 | -16.9% |
| Profit (loss) for the period | 9904 | €274 | €227 | -€46 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €274 | €227 | -€46 | -16.9% |
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 23 October 2026 via checked.be.