MMM 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.
MMM Management
Largest movements
- Deferred charges and accrued income +€8,040
up €8,040 (+1632.6%), from €492 to €8,532
- Cash +€3,045
up €3,045 (+15.8%), from €19,265 to €22,310
mainly Net result for the year (+€17,775) and Accrued charges and deferred income (+€930)
- Tangible fixed assets +€1,351
new in 2025: €1,351
- Reserves +€17,775
up €17,775 (+198.6%), from €8,950 to €26,725
- Other debts -€6,667
down €6,667 (-42.6%), from €15,646 to €8,980
- Accrued charges and deferred income +€930
new in 2025: €930
- Trade debts +€459
up €459 (+853.8%), from €54 to €513
- Gross operating margin +€14,935
up €14,935 (+125.3%), from €11,923 to €26,858
- Financial charges +€3,016
up €3,016 (+707.2%), from €427 to €3,443
- Taxes +€2,618
up €2,618 (+108.4%), from €2,414 to €5,032
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 | €24,750 | €37,247 | +€12,497 | +50.5% |
| Fixed assets | 21/28 | - | €1,351 | +€1,351 | |
| Tangible fixed assets | 22/27 | - | €1,351 | +€1,351 | |
| Plant, machinery and equipment | 23 | - | €1,351 | +€1,351 | |
| Current assets | 29/58 | €24,750 | €35,896 | +€11,146 | +45.0% |
| Amounts receivable within one year | 40/41 | €4,993 | €5,054 | +€61 | +1.2% |
| Trade receivables | 40 | €2,407 | - | -€2,407 | |
| Other amounts receivable | 41 | €2,586 | €5,054 | +€2,468 | +95.5% |
| Cash at bank and in hand | 54/58 | €19,265 | €22,310 | +€3,045 | +15.8% |
| Deferred charges and accrued income | 490/1 | €492 | €8,532 | +€8,040 | +1632.6% |
| Total equity and liabilities | 10/49 | €24,750 | €37,247 | +€12,497 | +50.5% |
| Equity | 10/15 | €9,050 | €26,825 | +€17,775 | +196.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €8,950 | €26,725 | +€17,775 | +198.6% |
| Distributable reserves | 133 | €8,950 | €26,725 | +€17,775 | +198.6% |
| Amounts payable | 17/49 | €15,700 | €10,422 | -€5,278 | -33.6% |
| Amounts payable within one year | 42/48 | €15,700 | €9,492 | -€6,208 | -39.5% |
| Trade debts | 44 | €54 | €513 | +€459 | +853.8% |
| Suppliers | 440/4 | €54 | €513 | +€459 | +853.8% |
| Other amounts payable | 47/48 | €15,646 | €8,980 | -€6,667 | -42.6% |
| Accrued charges and deferred income | 492/3 | - | €930 | +€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €168 | +€168 | |
| Other operating charges | 640/8 | €849 | €605 | -€244 | -28.8% |
| Gross operating margin | 9900 | €11,923 | €26,858 | +€14,935 | +125.3% |
| Operating profit (loss) | 9901 | €11,074 | €26,085 | +€15,011 | +135.6% |
| Financial income | 75/76B | - | €164 | +€164 | |
| Recurring financial income | 75 | - | €164 | +€164 | |
| Financial charges | 65/66B | €427 | €3,443 | +€3,016 | +707.2% |
| Recurring financial charges | 65 | €427 | €3,443 | +€3,016 | +707.2% |
| Profit (loss) for the period before taxes | 9903 | €10,648 | €22,807 | +€12,159 | +114.2% |
| Income taxes | 67/77 | €2,414 | €5,032 | +€2,618 | +108.4% |
| Profit (loss) for the period | 9904 | €8,233 | €17,775 | +€9,542 | +115.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,233 | €17,775 | +€9,542 | +115.9% |
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.