MMS CAR: 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.
MMS CAR
Largest movements
- Receivables within one year +€20,250
up €20,250 (+1620.4%), from €1,250 to €21,500
- Stocks and contracts -€10,400
no longer reported in 2025 (was €10,400)
- Cash +€6,857
up €6,857 (+711.4%), from €964 to €7,821
mainly Stocks and contracts (+€10,400) and Net result for the year (+€9,223)
- Profit (loss) carried forward +€9,223
up €9,223 (+11.2%), from -€82,422 to -€73,200
- Other debts +€7,523
up €7,523 (+10.1%), from €74,169 to €81,692
- Tax, wage and social debts +€2,009
new in 2025: €2,009
- Trade debts -€1,296
down €1,296 (-81.0%), from €1,601 to €305
- Advances received -€1,000
no longer reported in 2025 (was €1,000)
- Turnover +€55,576
up €55,576 (+10065.7%), from €552 to €56,128
- Gross operating margin +€49,567
up €49,567, from -€38,150 to €11,417
- Purchases and services +€4,221
up €4,221 (+10.3%), from €40,990 to €45,211
- Other operating charges +€625
up €625 (+173.4%), from €360 to €985
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 | €13,414 | €29,874 | +€16,460 | +122.7% |
| Fixed assets | 21/28 | €800 | €552 | -€248 | -31.0% |
| Tangible fixed assets | 22/27 | €800 | €552 | -€248 | -31.0% |
| Other tangible fixed assets | 26 | €800 | €552 | -€248 | -31.0% |
| Current assets | 29/58 | €12,614 | €29,321 | +€16,708 | +132.5% |
| Stocks and contracts in progress | 3 | €10,400 | - | -€10,400 | |
| Stocks | 30/36 | €10,400 | - | -€10,400 | |
| Amounts receivable within one year | 40/41 | €1,250 | €21,500 | +€20,250 | +1620.4% |
| Other amounts receivable | 41 | €1,250 | €21,500 | +€20,250 | +1620.4% |
| Cash at bank and in hand | 54/58 | €964 | €7,821 | +€6,857 | +711.4% |
| Total equity and liabilities | 10/49 | €13,414 | €29,874 | +€16,460 | +122.7% |
| Equity | 10/15 | -€63,422 | -€54,200 | +€9,223 | +14.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,422 | -€73,200 | +€9,223 | +11.2% |
| Amounts payable | 17/49 | €76,836 | €84,073 | +€7,237 | +9.4% |
| Amounts payable within one year | 42/48 | €76,770 | €84,006 | +€7,236 | +9.4% |
| Trade debts | 44 | €1,601 | €305 | -€1,296 | -81.0% |
| Suppliers | 440/4 | €1,601 | €305 | -€1,296 | -81.0% |
| Advances received on contracts in progress | 46 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | - | €2,009 | +€2,009 | |
| Taxes | 450/3 | - | €2,009 | +€2,009 | |
| Other amounts payable | 47/48 | €74,169 | €81,692 | +€7,523 | +10.1% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Turnover | 70 | €552 | €56,128 | +€55,576 | +10065.7% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,990 | €45,211 | +€4,221 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | €360 | €985 | +€625 | +173.4% |
| Gross operating margin | 9900 | -€38,150 | €11,417 | +€49,567 | |
| Operating profit (loss) | 9901 | -€38,758 | €10,184 | +€48,942 | |
| Financial income | 75/76B | €0 | €7 | +€7 | +16775.0% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +16775.0% |
| Financial charges | 65/66B | €698 | €968 | +€270 | +38.7% |
| Recurring financial charges | 65 | €698 | €968 | +€270 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,456 | €9,223 | +€48,679 | |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | -€39,467 | €9,223 | +€48,690 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,467 | €9,223 | +€48,690 |
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 7 October 2026 via checked.be.