MMM Consulting: 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.
MMM Consulting
Largest movements
- Receivables after one year +€45,500
up €45,500 (+85.8%), from €53,000 to €98,500
- Cash -€10,915
down €10,915 (-52.5%), from €20,782 to €9,867
mainly Receivables after one year (-€45,500) and Investment in fixed assets (net) (-€6,045)
- Tangible fixed assets +€5,867
new in 2025: €5,867
- Receivables within one year +€4,217
up €4,217 (+56.8%), from €7,426 to €11,643
of which Trade receivables: +€4,704
- Reserves +€36,339
up €36,339 (+58.2%), from €62,431 to €98,769
- Tax, wage and social debts +€7,253
up €7,253 (+32.3%), from €22,453 to €29,706
- Gross operating margin -€36,810
down €36,810 (-44.0%), from €83,680 to €46,870
- Taxes -€10,000
down €10,000 (-52.6%), from €19,000 to €9,000
- Depreciation -€901
down €901 (-83.5%), from €1,079 to €178
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 | €86,702 | €131,544 | +€44,842 | +51.7% |
| Fixed assets | 21/28 | - | €5,867 | +€5,867 | |
| Tangible fixed assets | 22/27 | - | €5,867 | +€5,867 | |
| Furniture and vehicles | 24 | - | €5,867 | +€5,867 | |
| Current assets | 29/58 | €86,702 | €125,677 | +€38,975 | +45.0% |
| Amounts receivable after more than one year | 29 | €53,000 | €98,500 | +€45,500 | +85.8% |
| Other amounts receivable | 291 | €53,000 | €98,500 | +€45,500 | +85.8% |
| Amounts receivable within one year | 40/41 | €7,426 | €11,643 | +€4,217 | +56.8% |
| Trade receivables | 40 | €6,927 | €11,631 | +€4,704 | +67.9% |
| Other amounts receivable | 41 | €499 | €12 | -€487 | -97.6% |
| Cash at bank and in hand | 54/58 | €20,782 | €9,867 | -€10,915 | -52.5% |
| Deferred charges and accrued income | 490/1 | €5,494 | €5,667 | +€173 | +3.1% |
| Total equity and liabilities | 10/49 | €86,702 | €131,544 | +€44,842 | +51.7% |
| Equity | 10/15 | €62,931 | €99,269 | +€36,339 | +57.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €62,431 | €98,769 | +€36,339 | +58.2% |
| Distributable reserves | 133 | €62,431 | €98,769 | +€36,339 | +58.2% |
| Amounts payable | 17/49 | €23,772 | €32,275 | +€8,503 | +35.8% |
| Amounts payable within one year | 42/48 | €23,772 | €32,275 | +€8,503 | +35.8% |
| Trade debts | 44 | €1,319 | €2,569 | +€1,250 | +94.8% |
| Suppliers | 440/4 | €1,319 | €2,569 | +€1,250 | +94.8% |
| Taxes, remuneration and social security | 45 | €22,453 | €29,706 | +€7,253 | +32.3% |
| Taxes | 450/3 | €22,453 | €29,706 | +€7,253 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,079 | €178 | -€901 | -83.5% |
| Other operating charges | 640/8 | €1,113 | €1,191 | +€79 | +7.1% |
| Gross operating margin | 9900 | €83,680 | €46,870 | -€36,810 | -44.0% |
| Operating profit (loss) | 9901 | €81,488 | €45,500 | -€35,988 | -44.2% |
| Financial charges | 65/66B | €57 | €161 | +€104 | +181% |
| Recurring financial charges | 65 | €57 | €161 | +€104 | +181% |
| Profit (loss) for the period before taxes | 9903 | €81,431 | €45,339 | -€36,092 | -44.3% |
| Income taxes | 67/77 | €19,000 | €9,000 | -€10,000 | -52.6% |
| Profit (loss) for the period | 9904 | €62,431 | €36,339 | -€26,092 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,431 | €36,339 | -€26,092 | -41.8% |
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 24 October 2026 via checked.be.