MMM's infi: 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's infi
Largest movements
- Receivables within one year -€10,384
down €10,384 (-8.2%), from €125,978 to €115,594
- Tax, wage and social debts -€11,709
down €11,709 (-33.0%), from €35,505 to €23,796
- Profit (loss) carried forward +€4,575
up €4,575 (+6.9%), from €66,762 to €71,338
- Trade debts -€3,450
no longer reported in 2024 (was €3,450)
- Financial charges -€2,403
no longer reported in 2024 (was €2,403)
- Gross operating margin +€1,312
up €1,312 (+25.6%), from €5,128 to €6,441
- Taxes -€851
down €851 (-33.8%), from €2,516 to €1,665
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,178 | €115,594 | -€10,584 | -8.4% |
| Fixed assets | 21/28 | €200 | - | -€200 | |
| Tangible fixed assets | 22/27 | €200 | - | -€200 | |
| Land and buildings | 22 | €200 | - | -€200 | |
| Current assets | 29/58 | €125,978 | €115,594 | -€10,384 | -8.2% |
| Amounts receivable within one year | 40/41 | €125,978 | €115,594 | -€10,384 | -8.2% |
| Other amounts receivable | 41 | €125,978 | €115,594 | -€10,384 | -8.2% |
| Total equity and liabilities | 10/49 | €126,178 | €115,594 | -€10,584 | -8.4% |
| Equity | 10/15 | €87,222 | €91,798 | +€4,575 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,762 | €71,338 | +€4,575 | +6.9% |
| Amounts payable | 17/49 | €38,955 | €23,796 | -€15,159 | -38.9% |
| Amounts payable within one year | 42/48 | €38,955 | €23,796 | -€15,159 | -38.9% |
| Trade debts | 44 | €3,450 | - | -€3,450 | |
| Suppliers | 440/4 | €3,450 | - | -€3,450 | |
| Taxes, remuneration and social security | 45 | €35,505 | €23,796 | -€11,709 | -33.0% |
| Taxes | 450/3 | €35,505 | €23,796 | -€11,709 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | = | 0.0% |
| Gross operating margin | 9900 | €5,128 | €6,441 | +€1,312 | +25.6% |
| Operating profit (loss) | 9901 | €4,928 | €6,241 | +€1,312 | +26.6% |
| Financial charges | 65/66B | €2,403 | - | -€2,403 | |
| Recurring financial charges | 65 | €2,403 | - | -€2,403 | |
| Profit (loss) for the period before taxes | 9903 | €2,525 | €6,241 | +€3,716 | +147% |
| Income taxes | 67/77 | €2,516 | €1,665 | -€851 | -33.8% |
| Profit (loss) for the period | 9904 | €9 | €4,575 | +€4,566 | +52,548% |
| Profit (loss) for the period to be appropriated | 9905 | €9 | €4,575 | +€4,566 | +52,548% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.