mmph consult: 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.
mmph consult
Largest movements
- Current investments +€33,237
up €33,237 (+18.6%), from €178,793 to €212,029
- Cash -€29,278
down €29,278 (-73.9%), from €39,608 to €10,331
mainly Current investments (-€33,237) and Net result for the year (-€15,053)
- Receivables within one year -€11,591
down €11,591 (-90.5%), from €12,812 to €1,221
- Profit (loss) carried forward -€15,053
down €15,053 (-37.6%), from €40,060 to €25,007
- Accrued charges and deferred income +€12,058
new in 2026: €12,058
- Tax, wage and social debts -€8,291
no longer reported in 2026 (was €8,291)
- Other debts +€4,475
up €4,475 (+162.2%), from €2,759 to €7,234
- Gross operating margin -€90,372
down €90,372, from €74,328 to -€16,044
- Taxes -€16,171
down €16,171 (-99.5%), from €16,254 to €84
- Financial charges -€10,126
down €10,126, from €9,846 to -€281
- Other operating charges -€1,576
down €1,576 (-61.2%), from €2,576 to €1,001
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,073 | €228,485 | -€8,588 | -3.6% |
| Fixed assets | 21/28 | €2,590 | €1,913 | -€677 | -26.2% |
| Tangible fixed assets | 22/27 | €2,540 | €1,913 | -€627 | -24.7% |
| Plant, machinery and equipment | 23 | €1,600 | €1,200 | -€400 | -25.0% |
| Furniture and vehicles | 24 | €940 | €713 | -€227 | -24.2% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €234,483 | €226,572 | -€7,911 | -3.4% |
| Amounts receivable within one year | 40/41 | €12,812 | €1,221 | -€11,591 | -90.5% |
| Other amounts receivable | 41 | €12,812 | €1,221 | -€11,591 | -90.5% |
| Current investments | 50/53 | €178,793 | €212,029 | +€33,237 | +18.6% |
| Cash at bank and in hand | 54/58 | €39,608 | €10,331 | -€29,278 | -73.9% |
| Deferred charges and accrued income | 490/1 | €3,270 | €2,991 | -€278 | -8.5% |
| Total equity and liabilities | 10/49 | €237,073 | €228,485 | -€8,588 | -3.6% |
| Equity | 10/15 | €223,087 | €208,034 | -€15,053 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €164,426 | €164,426 | = | 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% |
| Distributable reserves | 133 | €162,566 | €162,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,060 | €25,007 | -€15,053 | -37.6% |
| Amounts payable | 17/49 | €13,986 | €20,451 | +€6,465 | +46.2% |
| Amounts payable within one year | 42/48 | €13,986 | €8,393 | -€5,593 | -40.0% |
| Trade debts | 44 | €2,936 | €1,159 | -€1,777 | -60.5% |
| Suppliers | 440/4 | €2,936 | €1,159 | -€1,777 | -60.5% |
| Taxes, remuneration and social security | 45 | €8,291 | - | -€8,291 | |
| Taxes | 450/3 | €8,291 | - | -€8,291 | |
| Other amounts payable | 47/48 | €2,759 | €7,234 | +€4,475 | +162.2% |
| Accrued charges and deferred income | 492/3 | - | €12,058 | +€12,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €1,007 | +€217 | +27.5% |
| Other operating charges | 640/8 | €2,576 | €1,001 | -€1,576 | -61.2% |
| Gross operating margin | 9900 | €74,328 | -€16,044 | -€90,372 | |
| Operating profit (loss) | 9901 | €70,962 | -€18,052 | -€89,014 | |
| Financial income | 75/76B | €2,662 | €2,802 | +€140 | +5.3% |
| Recurring financial income | 75 | €2,662 | €2,802 | +€140 | +5.3% |
| Financial charges | 65/66B | €9,846 | -€281 | -€10,126 | |
| Recurring financial charges | 65 | €9,846 | -€281 | -€10,126 | |
| Profit (loss) for the period before taxes | 9903 | €63,778 | -€14,969 | -€78,747 | |
| Income taxes | 67/77 | €16,254 | €84 | -€16,171 | -99.5% |
| Profit (loss) for the period | 9904 | €47,524 | -€15,053 | -€62,577 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,524 | -€15,053 | -€62,577 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.