MMSTREET: 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.
MMSTREET
Largest movements
- Financial fixed assets -€133,425
no longer reported in 2025 (was €133,425)
- Tangible fixed assets -€91,822
down €91,822 (-6.0%), from €1.5m to €1.4m
of which Land and buildings: -€1.5m
- Debts after one year -€337,583
down €337,583 (-25.0%), from €1.3m to €1.0m
of which Financial debts: -€366,139
- Other debts +€91,842
up €91,842 (+1125.9%), from €8,158 to €100,000
- Depreciation +€10,886
up €10,886 (+13.4%), from €80,937 to €91,822
- Gross operating margin +€9,847
up €9,847 (+7.5%), from €131,513 to €141,360
- Financial charges +€1,558
up €1,558 (+7.6%), from €20,398 to €21,956
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 | €1,673,987 | €1,454,065 | -€219,922 | -13.1% |
| Fixed assets | 21/28 | €1,664,176 | €1,438,929 | -€225,247 | -13.5% |
| Tangible fixed assets | 22/27 | €1,530,751 | €1,438,929 | -€91,822 | -6.0% |
| Land and buildings | 22 | €1,530,751 | - | -€1.5m | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €1,438,929 | +€1.4m | |
| Financial fixed assets | 28 | €133,425 | - | -€133,425 | |
| Current assets | 29/58 | €9,811 | €15,136 | +€5,325 | +54.3% |
| Amounts receivable within one year | 40/41 | €5,400 | €150 | -€5,250 | -97.2% |
| Trade receivables | 40 | €5,400 | - | -€5,400 | |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €4,411 | €14,986 | +€10,575 | +239.7% |
| Total equity and liabilities | 10/49 | €1,673,987 | €1,454,065 | -€219,922 | -13.1% |
| Equity | 10/15 | €208,976 | €220,407 | +€11,431 | +5.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €189,976 | €190,239 | +€264 | +0.1% |
| Distributable reserves | 133 | €189,976 | €190,239 | +€264 | +0.1% |
| Profit (loss) carried forward | 14 | - | €11,168 | +€11,168 | |
| Amounts payable | 17/49 | €1,465,012 | €1,233,658 | -€231,353 | -15.8% |
| Amounts payable after more than one year | 17 | €1,349,208 | €1,011,625 | -€337,583 | -25.0% |
| Financial debts | 170/4 | €1,349,208 | €983,069 | -€366,139 | -27.1% |
| Other amounts payable | 178/9 | - | €28,556 | +€28,556 | |
| Amounts payable within one year | 42/48 | €115,803 | €222,033 | +€106,229 | +91.7% |
| Current portion of amounts payable after more than one year | 42 | €98,311 | €113,360 | +€15,049 | +15.3% |
| Trade debts | 44 | €3,500 | €1,500 | -€2,000 | -57.1% |
| Suppliers | 440/4 | €3,500 | €1,500 | -€2,000 | -57.1% |
| Taxes, remuneration and social security | 45 | €5,834 | €7,173 | +€1,338 | +22.9% |
| Taxes | 450/3 | €5,834 | €7,173 | +€1,338 | +22.9% |
| Other amounts payable | 47/48 | €8,158 | €100,000 | +€91,842 | +1125.9% |
| Non-recurring operating income | 76A | - | €2,062 | +€2,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,937 | €91,822 | +€10,886 | +13.4% |
| Other operating charges | 640/8 | €11,762 | €12,301 | +€538 | +4.6% |
| Gross operating margin | 9900 | €131,513 | €141,360 | +€9,847 | +7.5% |
| Operating profit (loss) | 9901 | €38,814 | €37,237 | -€1,577 | -4.1% |
| Financial charges | 65/66B | €20,398 | €21,956 | +€1,558 | +7.6% |
| Recurring financial charges | 65 | €20,398 | €21,956 | +€1,558 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €18,416 | €15,281 | -€3,134 | -17.0% |
| Income taxes | 67/77 | €4,915 | €3,850 | -€1,065 | -21.7% |
| Profit (loss) for the period | 9904 | €13,501 | €11,431 | -€2,070 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,501 | €11,431 | -€2,070 | -15.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.