MMSTORE: 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.
MMSTORE
Largest movements
- Tangible fixed assets -€61,647
down €61,647 (-22.5%), from €273,510 to €211,863
of which Plant, machinery and equipment: -€46,686
- Cash -€54,813
down €54,813 (-12.2%), from €449,538 to €394,725
mainly Contributions, distributions and other (-€351,000) and Stocks and contracts (-€45,874)
- Stocks and contracts +€45,874
up €45,874 (+19.7%), from €232,414 to €278,288
- Receivables within one year +€24,249
up €24,249 (+49.1%), from €49,399 to €73,648
of which Other amounts receivable: +€13,916
- Reserves -€84,200
down €84,200 (-29.9%), from €281,700 to €197,500
of which Tax-exempt reserves: -€84,200
- Other debts +€50,309
up €50,309 (+16.7%), from €300,915 to €351,224
- Trade debts +€23,584
up €23,584 (+18.1%), from €130,272 to €153,856
- Tax, wage and social debts -€20,977
down €20,977 (-15.3%), from €136,725 to €115,748
of which Taxes: -€26,863
- Profit (loss) carried forward -€14,254
down €14,254 (-96.1%), from €14,835 to €581
- Turnover -€93,614
down €93,614 (-3.1%), from €3.0m to €2.9m
- Gross operating margin -€71,547
down €71,547 (-8.9%), from €807,476 to €735,929
- Purchases and services -€54,393
down €54,393 (-2.4%), from €2.2m to €2.2m
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 | €1,078,123 | €1,028,026 | -€50,097 | -4.6% |
| Fixed assets | 21/28 | €273,560 | €211,913 | -€61,647 | -22.5% |
| Tangible fixed assets | 22/27 | €273,510 | €211,863 | -€61,647 | -22.5% |
| Plant, machinery and equipment | 23 | €248,288 | €201,602 | -€46,686 | -18.8% |
| Furniture and vehicles | 24 | €25,222 | €10,261 | -€14,961 | -59.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €804,563 | €816,113 | +€11,550 | +1.4% |
| Stocks and contracts in progress | 3 | €232,414 | €278,288 | +€45,874 | +19.7% |
| Stocks | 30/36 | €232,414 | €278,288 | +€45,874 | +19.7% |
| Amounts receivable within one year | 40/41 | €49,399 | €73,648 | +€24,249 | +49.1% |
| Trade receivables | 40 | €48,404 | €58,737 | +€10,333 | +21.3% |
| Other amounts receivable | 41 | €995 | €14,911 | +€13,916 | +1,399% |
| Current investments | 50/53 | €66,179 | €66,798 | +€619 | +0.9% |
| Cash at bank and in hand | 54/58 | €449,538 | €394,725 | -€54,813 | -12.2% |
| Deferred charges and accrued income | 490/1 | €7,033 | €2,654 | -€4,379 | -62.3% |
| Total equity and liabilities | 10/49 | €1,078,123 | €1,028,026 | -€50,097 | -4.6% |
| Equity | 10/15 | €371,535 | €273,081 | -€98,454 | -26.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €281,700 | €197,500 | -€84,200 | -29.9% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | - | -€84,200 | |
| Distributable reserves | 133 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,835 | €581 | -€14,254 | -96.1% |
| Provisions and deferred taxes | 16 | €45,731 | €47,219 | +€1,488 | +3.3% |
| Provisions for liabilities and charges | 160/5 | €45,731 | €47,219 | +€1,488 | +3.3% |
| Other liabilities and charges | 164/5 | €45,731 | €47,219 | +€1,488 | +3.3% |
| Amounts payable | 17/49 | €660,857 | €707,725 | +€46,868 | +7.1% |
| Amounts payable within one year | 42/48 | €625,375 | €680,571 | +€55,196 | +8.8% |
| Trade debts | 44 | €130,272 | €153,856 | +€23,584 | +18.1% |
| Suppliers | 440/4 | €130,272 | €153,856 | +€23,584 | +18.1% |
| Advances received on contracts in progress | 46 | €57,463 | €59,742 | +€2,279 | +4.0% |
| Taxes, remuneration and social security | 45 | €136,725 | €115,748 | -€20,977 | -15.3% |
| Taxes | 450/3 | €94,682 | €67,820 | -€26,863 | -28.4% |
| Remuneration and social security | 454/9 | €42,043 | €47,929 | +€5,886 | +14.0% |
| Other amounts payable | 47/48 | €300,915 | €351,224 | +€50,309 | +16.7% |
| Accrued charges and deferred income | 492/3 | €35,482 | €27,155 | -€8,327 | -23.5% |
| Turnover | 70 | €2,983,942 | €2,890,328 | -€93,614 | -3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,233,945 | €2,179,552 | -€54,393 | -2.4% |
| Remuneration, social security and pensions | 62 | €360,708 | €339,206 | -€21,503 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,965 | €61,647 | -€3,318 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,837 | €6,587 | +€9,424 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €338 | €1,488 | +€1,150 | +340% |
| Other operating charges | 640/8 | €14,903 | €15,958 | +€1,055 | +7.1% |
| Gross operating margin | 9900 | €807,476 | €735,929 | -€71,547 | -8.9% |
| Operating profit (loss) | 9901 | €369,399 | €311,043 | -€58,356 | -15.8% |
| Financial income | 75/76B | €30,779 | €29,374 | -€1,405 | -4.6% |
| Recurring financial income | 75 | €30,779 | €29,374 | -€1,405 | -4.6% |
| Financial charges | 65/66B | €3,355 | €3,393 | +€39 | +1.2% |
| Recurring financial charges | 65 | €3,355 | €3,393 | +€39 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €396,824 | €337,023 | -€59,800 | -15.1% |
| Income taxes | 67/77 | €100,597 | €84,477 | -€16,120 | -16.0% |
| Profit (loss) for the period | 9904 | €296,227 | €252,546 | -€43,680 | -14.7% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €296,227 | €336,746 | +€40,520 | +13.7% |
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.