MMPumps: 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.
What changed
MMPumps
NACE 28.110, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m-€135
Equity
€8.2m
2024 · €7.2m+€952,588
Cash
€948,601
2024 · €1.4m-€480,219
Balance sheet total
€9.2m
2024 · €8.4m+€764,313
Largest movements
Assets
- Cash -€480,219
down €480,219 (-33.6%), from €1.4m to €948,601
mainly Investment in fixed assets (net) (-€1.2m) and Other debts (-€444,514)
- Tangible fixed assets +€472,298
up €472,298 (+48.2%), from €979,068 to €1.5m
of which Other tangible fixed assets: +€240,983
- Receivables within one year +€418,937
up €418,937 (+29.7%), from €1.4m to €1.8m
of which Trade receivables: +€439,195
- Stocks and contracts +€331,080
up €331,080 (+16.3%), from €2.0m to €2.4m
Equity and liabilities
- Profit (loss) carried forward +€952,588
up €952,588 (+13.7%), from €6.9m to €7.9m
- Other debts -€444,514
down €444,514 (-80.8%), from €550,357 to €105,843
- Trade debts +€162,335
up €162,335 (+52.6%), from €308,516 to €470,851
- Advances received +€107,633
new in 2025: €107,633
Income statement
- Gross operating margin +€674,854
up €674,854 (+16.9%), from €4.0m to €4.7m
- Staff costs +€355,002
up €355,002 (+16.6%), from €2.1m to €2.5m
- Depreciation +€281,824
up €281,824 (+64.6%), from €436,524 to €718,348
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.
Result 2024
€1.1m
Gross operating margin
+€674,854
Staff costs
-€355,002
Depreciation
-€281,824
Write-downs
+€1,703
Other operating charges
+€1,722
Other operating items
-€41,929
Financial income
+€5,528
Financial charges
+€4,588
Taxes
-€9,776
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€880,371
Investment
-€1.2m
Financing
-€152,510
Cash 2024
€1.4m
From operations (derived)
+€880,371
Net result for the year
+€1.1m
Depreciation
+€718,348
Stocks and contracts
-€331,080
Receivables within one year
-€418,937
Deferred charges and accrued income
-€4,783
Trade debts
+€162,335
Tax, wage and social debts
+€32,936
Advances received
+€107,633
Other debts
-€444,514
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Current investments
-€37,063
Financing
-€152,510
Debts after one year
-€46,667
Contributions, distributions and other
-€105,843
Cash 2025
€948,601
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,444,616 | €9,208,929 | +€764,313 | +9.1% |
| Fixed assets | 21/28 | €1,031,214 | €1,483,882 | +€452,668 | +43.9% |
| Intangible fixed assets | 21 | €51,580 | €6,526 | -€45,053 | -87.3% |
| Tangible fixed assets | 22/27 | €979,068 | €1,451,366 | +€472,298 | +48.2% |
| Land and buildings | 22 | €76,500 | €17,000 | -€59,500 | -77.8% |
| Plant, machinery and equipment | 23 | €427,428 | €546,242 | +€118,814 | +27.8% |
| Furniture and vehicles | 24 | €317,574 | €489,574 | +€172,000 | +54.2% |
| Other tangible fixed assets | 26 | €157,567 | €398,550 | +€240,983 | +153% |
| Financial fixed assets | 28 | €566 | €25,990 | +€25,424 | +4,492% |
| Current assets | 29/58 | €7,413,403 | €7,725,047 | +€311,644 | +4.2% |
| Stocks and contracts in progress | 3 | €2,026,080 | €2,357,161 | +€331,080 | +16.3% |
| Stocks | 30/36 | €2,026,080 | €2,357,161 | +€331,080 | +16.3% |
| Amounts receivable within one year | 40/41 | €1,411,786 | €1,830,724 | +€418,937 | +29.7% |
| Trade receivables | 40 | €1,391,528 | €1,830,724 | +€439,195 | +31.6% |
| Other amounts receivable | 41 | €20,258 | - | -€20,258 | |
| Current investments | 50/53 | €2,510,579 | €2,547,642 | +€37,063 | +1.5% |
| Cash at bank and in hand | 54/58 | €1,428,820 | €948,601 | -€480,219 | -33.6% |
| Deferred charges and accrued income | 490/1 | €36,137 | €40,919 | +€4,783 | +13.2% |
| Total equity and liabilities | 10/49 | €8,444,616 | €9,208,929 | +€764,313 | +9.1% |
| Equity | 10/15 | €7,241,057 | €8,193,646 | +€952,588 | +13.2% |
| Contributions | 10/11 | €158,000 | €158,000 | = | 0.0% |
| Capital | 10 | €158,000 | €158,000 | = | 0.0% |
| Issued capital | 100 | €158,000 | €158,000 | = | 0.0% |
| Reserves | 13 | €136,045 | €136,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,800 | €15,800 | = | 0.0% |
| Legal reserve | 130 | €15,800 | €15,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €526 | €526 | = | 0.0% |
| Distributable reserves | 133 | €119,719 | €119,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,947,013 | €7,899,601 | +€952,588 | +13.7% |
| Amounts payable | 17/49 | €1,203,559 | €1,015,283 | -€188,276 | -15.6% |
| Amounts payable after more than one year | 17 | €73,889 | €27,222 | -€46,667 | -63.2% |
| Financial debts | 170/4 | €73,889 | €27,222 | -€46,667 | -63.2% |
| Amounts payable within one year | 42/48 | €1,129,670 | €988,061 | -€141,609 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €46,667 | €46,667 | = | 0.0% |
| Trade debts | 44 | €308,516 | €470,851 | +€162,335 | +52.6% |
| Suppliers | 440/4 | €308,516 | €470,851 | +€162,335 | +52.6% |
| Advances received on contracts in progress | 46 | - | €107,633 | +€107,633 | |
| Taxes, remuneration and social security | 45 | €224,131 | €257,066 | +€32,936 | +14.7% |
| Taxes | 450/3 | €15,471 | €29,183 | +€13,712 | +88.6% |
| Remuneration and social security | 454/9 | €208,660 | €227,884 | +€19,224 | +9.2% |
| Other amounts payable | 47/48 | €550,357 | €105,843 | -€444,514 | -80.8% |
| Non-recurring operating income | 76A | €1,157 | €14,417 | +€13,260 | +1,146% |
| Remuneration, social security and pensions | 62 | €2,134,605 | €2,489,607 | +€355,002 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436,524 | €718,348 | +€281,824 | +64.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,703 | - | -€1,703 | |
| Other operating charges | 640/8 | €6,599 | €4,877 | -€1,722 | -26.1% |
| Non-recurring operating charges | 66A | €3,046 | €44,975 | +€41,929 | +1,377% |
| Gross operating margin | 9900 | €3,988,391 | €4,663,245 | +€674,854 | +16.9% |
| Operating profit (loss) | 9901 | €1,405,914 | €1,405,438 | -€475 | 0.0% |
| Financial income | 75/76B | €39,865 | €45,393 | +€5,528 | +13.9% |
| Recurring financial income | 75 | €39,865 | €45,393 | +€5,528 | +13.9% |
| Financial charges | 65/66B | €12,089 | €7,501 | -€4,588 | -38.0% |
| Recurring financial charges | 65 | €12,089 | €7,501 | -€4,588 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €1,433,689 | €1,443,330 | +€9,641 | +0.7% |
| Income taxes | 67/77 | €375,122 | €384,898 | +€9,776 | +2.6% |
| Profit (loss) for the period | 9904 | €1,058,567 | €1,058,432 | -€135 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,058,567 | €1,058,432 | -€135 | 0.0% |
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 15 October 2026 via checked.be.