MMS DEBOUCHAGE: 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.
MMS DEBOUCHAGE
Largest movements
- Cash -€15,761
down €15,761 (-18.5%), from €85,277 to €69,516
mainly Investment in fixed assets (net) (-€22,854) and Receivables within one year (-€8,860)
- Tangible fixed assets +€11,687
up €11,687 (+26.8%), from €43,678 to €55,365
of which Plant, machinery and equipment: +€13,657
- Receivables within one year +€8,860
up €8,860 (+39.3%), from €22,557 to €31,417
of which Trade receivables: +€7,189
- Reserves +€21,100
up €21,100 (+43.0%), from €49,030 to €70,130
- Debts after one year -€7,353
down €7,353 (-58.8%), from €12,516 to €5,163
- Current portion of long-term debt -€6,383
down €6,383 (-46.5%), from €13,737 to €7,353
- Trade debts -€2,456
down €2,456 (-25.0%), from €9,812 to €7,356
- Other debts -€1,877
down €1,877 (-5.5%), from €34,008 to €32,132
- Depreciation +€2,940
up €2,940 (+35.7%), from €8,226 to €11,167
- Financial charges -€2,610
down €2,610 (-71.6%), from €3,645 to €1,035
- Gross operating margin -€834
down €834 (-2.0%), from €42,484 to €41,650
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,498 | €159,316 | +€4,818 | +3.1% |
| Fixed assets | 21/28 | €43,678 | €55,365 | +€11,687 | +26.8% |
| Tangible fixed assets | 22/27 | €43,678 | €55,365 | +€11,687 | +26.8% |
| Plant, machinery and equipment | 23 | €32,896 | €46,553 | +€13,657 | +41.5% |
| Furniture and vehicles | 24 | €10,781 | €8,812 | -€1,970 | -18.3% |
| Current assets | 29/58 | €110,820 | €103,951 | -€6,869 | -6.2% |
| Amounts receivable within one year | 40/41 | €22,557 | €31,417 | +€8,860 | +39.3% |
| Trade receivables | 40 | €21,785 | €28,974 | +€7,189 | +33.0% |
| Other amounts receivable | 41 | €772 | €2,443 | +€1,671 | +217% |
| Cash at bank and in hand | 54/58 | €85,277 | €69,516 | -€15,761 | -18.5% |
| Deferred charges and accrued income | 490/1 | €2,986 | €3,017 | +€31 | +1.0% |
| Total equity and liabilities | 10/49 | €154,498 | €159,316 | +€4,818 | +3.1% |
| Equity | 10/15 | €84,424 | €105,533 | +€21,108 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,030 | €70,130 | +€21,100 | +43.0% |
| Distributable reserves | 133 | €49,030 | €70,130 | +€21,100 | +43.0% |
| Profit (loss) carried forward | 14 | €16,794 | €16,803 | +€8 | +0.1% |
| Amounts payable | 17/49 | €70,074 | €53,783 | -€16,291 | -23.2% |
| Amounts payable after more than one year | 17 | €12,516 | €5,163 | -€7,353 | -58.8% |
| Financial debts | 170/4 | €12,516 | €5,163 | -€7,353 | -58.8% |
| Amounts payable within one year | 42/48 | €57,558 | €48,495 | -€9,062 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €13,737 | €7,353 | -€6,383 | -46.5% |
| Trade debts | 44 | €9,812 | €7,356 | -€2,456 | -25.0% |
| Suppliers | 440/4 | €9,812 | €7,356 | -€2,456 | -25.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,654 | +€1,654 | |
| Taxes | 450/3 | €0 | €1,654 | +€1,654 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,008 | €32,132 | -€1,877 | -5.5% |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Non-recurring operating income | 76A | €0 | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,226 | €11,167 | +€2,940 | +35.7% |
| Other operating charges | 640/8 | €387 | €458 | +€70 | +18.2% |
| Gross operating margin | 9900 | €42,484 | €41,650 | -€834 | -2.0% |
| Operating profit (loss) | 9901 | €33,871 | €30,026 | -€3,845 | -11.4% |
| Financial income | 75/76B | €1 | €60 | +€60 | +6,927% |
| Recurring financial income | 75 | €1 | €60 | +€60 | +6,927% |
| Financial charges | 65/66B | €3,645 | €1,035 | -€2,610 | -71.6% |
| Recurring financial charges | 65 | €3,645 | €1,035 | -€2,610 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €30,227 | €29,051 | -€1,175 | -3.9% |
| Income taxes | 67/77 | €8,055 | €7,943 | -€112 | -1.4% |
| Profit (loss) for the period | 9904 | €22,171 | €21,108 | -€1,063 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,171 | €21,108 | -€1,063 | -4.8% |
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 17 October 2026 via checked.be.