Mmmathilde: what changed
Two fiscal 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.
Mmmathilde
Largest movements
- Cash +€15,590
up €15,590 (+84.6%), from €18,430 to €34,021
mainly Depreciation (+€10,068) and Other debts (+€5,241)
- Tangible fixed assets -€10,068
down €10,068 (-57.8%), from €17,422 to €7,354
of which Plant, machinery and equipment: -€5,124
- Receivables within one year -€4,163
down €4,163 (-38.0%), from €10,969 to €6,805
of which Trade receivables: -€4,093
- Other debts +€5,241
up €5,241 (+16.9%), from €30,972 to €36,213
- Trade debts -€3,660
down €3,660 (-90.6%), from €4,042 to €381
- Tax, wage and social debts -€2,905
down €2,905 (-44.7%), from €6,505 to €3,600
of which Remuneration and social security: -€2,500
- Profit (loss) carried forward +€2,653
up €2,653 (+34.7%), from €7,643 to €10,296
- Depreciation +€963
up €963 (+10.6%), from €9,105 to €10,068
- Taxes -€227
down €227 (-23.6%), from €961 to €734
- Gross operating margin +€188
up €188 (+1.4%), from €13,422 to €13,610
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 | €49,162 | €50,492 | +€1,329 | +2.7% |
| Fixed assets | 21/28 | €17,422 | €7,354 | -€10,068 | -57.8% |
| Tangible fixed assets | 22/27 | €17,422 | €7,354 | -€10,068 | -57.8% |
| Plant, machinery and equipment | 23 | €7,774 | €2,650 | -€5,124 | -65.9% |
| Furniture and vehicles | 24 | €9,648 | €4,704 | -€4,944 | -51.2% |
| Current assets | 29/58 | €31,740 | €43,138 | +€11,397 | +35.9% |
| Stocks and contracts in progress | 3 | €1,096 | €818 | -€278 | -25.4% |
| Stocks | 30/36 | €1,096 | €818 | -€278 | -25.4% |
| Amounts receivable within one year | 40/41 | €10,969 | €6,805 | -€4,163 | -38.0% |
| Trade receivables | 40 | €10,702 | €6,609 | -€4,093 | -38.2% |
| Other amounts receivable | 41 | €266 | €196 | -€70 | -26.4% |
| Cash at bank and in hand | 54/58 | €18,430 | €34,021 | +€15,590 | +84.6% |
| Deferred charges and accrued income | 490/1 | €1,246 | €1,494 | +€248 | +19.9% |
| Total equity and liabilities | 10/49 | €49,162 | €50,492 | +€1,329 | +2.7% |
| Equity | 10/15 | €7,644 | €10,297 | +€2,653 | +34.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,643 | €10,296 | +€2,653 | +34.7% |
| Amounts payable | 17/49 | €41,518 | €40,194 | -€1,324 | -3.2% |
| Amounts payable within one year | 42/48 | €41,518 | €40,194 | -€1,324 | -3.2% |
| Trade debts | 44 | €4,042 | €381 | -€3,660 | -90.6% |
| Suppliers | 440/4 | €4,042 | €381 | -€3,660 | -90.6% |
| Taxes, remuneration and social security | 45 | €6,505 | €3,600 | -€2,905 | -44.7% |
| Taxes | 450/3 | €3,005 | €2,600 | -€405 | -13.5% |
| Remuneration and social security | 454/9 | €3,500 | €1,000 | -€2,500 | -71.4% |
| Other amounts payable | 47/48 | €30,972 | €36,213 | +€5,241 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,105 | €10,068 | +€963 | +10.6% |
| Other operating charges | 640/8 | €85 | €85 | +€0 | +0.5% |
| Gross operating margin | 9900 | €13,422 | €13,610 | +€188 | +1.4% |
| Operating profit (loss) | 9901 | €4,233 | €3,457 | -€776 | -18.3% |
| Financial charges | 65/66B | €65 | €69 | +€4 | +6.9% |
| Recurring financial charges | 65 | €65 | €69 | +€4 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €4,168 | €3,388 | -€780 | -18.7% |
| Income taxes | 67/77 | €961 | €734 | -€227 | -23.6% |
| Profit (loss) for the period | 9904 | €3,206 | €2,653 | -€553 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,206 | €2,653 | -€553 | -17.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.