MMT PROJECTS: what changed
What changed
MMT PROJECTS
NACE 42.211, Civil engineering
filed annual accounts (NBB)
Net result for the year
€32,788
2024 · €697+€32,091
Equity
€50,381
2024 · €17,594+€32,788
Cash
€1,193
2024 · €931+€262
Balance sheet total
€130,440
2024 · €53,267+€77,173
Largest movements
Assets
- Tangible fixed assets +€59,736
new in 2025: €59,736
- Receivables within one year +€17,175
up €17,175 (+39.1%), from €43,936 to €61,111
of which Other amounts receivable: +€13,838
Equity and liabilities
- Debts after one year +€40,117
new in 2025: €40,117
- Reserves +€32,788
up €32,788 (+225%), from €14,594 to €47,381
- Other debts -€30,642
no longer reported in 2025 (was €30,642)
- Tax, wage and social debts +€21,068
up €21,068 (+458%), from €4,598 to €25,665
of which Taxes: +€13,330
- Current portion of long-term debt +€8,457
new in 2025: €8,457
Income statement
- Gross operating margin +€75,042
up €75,042 (+3,598%), from €2,086 to €77,127
- Staff costs +€29,012
new in 2025: €29,012
- Taxes +€11,892
up €11,892 (+1,114%), from €1,068 to €12,960
- Depreciation +€1,894
new in 2025: €1,894
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€697
Gross operating margin
+€75,042
Staff costs
-€29,012
Depreciation
-€1,894
Other operating charges
-€64
Financial income
+€269
Financial charges
-€359
Taxes
-€11,892
Result 2025
€32,788
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,318
Investment
-€61,630
Financing
+€48,574
Cash 2024
€931
From operations (derived)
+€13,318
Net result for the year
+€32,788
Depreciation
+€1,894
Receivables within one year
-€17,175
Trade debts
+€5,356
Tax, wage and social debts
+€21,068
Other debts
-€30,642
Accrued charges and deferred income
+€30
Investment (derived)
-€61,630
Investment in fixed assets (net)
-€61,630
Financing
+€48,574
Debts after one year
+€40,117
Current portion of long-term debt
+€8,457
Cash 2025
€1,193
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,267 | €130,440 | +€77,173 | +145% |
| Fixed assets | 21/28 | - | €59,736 | +€59,736 | |
| Tangible fixed assets | 22/27 | - | €59,736 | +€59,736 | |
| Furniture and vehicles | 24 | - | €59,736 | +€59,736 | |
| Current assets | 29/58 | €53,267 | €70,703 | +€17,437 | +32.7% |
| Amounts receivable within one year | 40/41 | €43,936 | €61,111 | +€17,175 | +39.1% |
| Trade receivables | 40 | €42,763 | €46,100 | +€3,336 | +7.8% |
| Other amounts receivable | 41 | €1,173 | €15,011 | +€13,838 | +1,180% |
| Current investments | 50/53 | €8,350 | €8,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €931 | €1,193 | +€262 | +28.1% |
| Deferred charges and accrued income | 490/1 | €50 | €50 | = | 0.0% |
| Total equity and liabilities | 10/49 | €53,267 | €130,440 | +€77,173 | +145% |
| Equity | 10/15 | €17,594 | €50,381 | +€32,788 | +186% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,594 | €47,381 | +€32,788 | +225% |
| Distributable reserves | 133 | €14,594 | €47,381 | +€32,788 | +225% |
| Amounts payable | 17/49 | €35,673 | €80,058 | +€44,385 | +124% |
| Amounts payable after more than one year | 17 | - | €40,117 | +€40,117 | |
| Financial debts | 170/4 | - | €40,117 | +€40,117 | |
| Amounts payable within one year | 42/48 | €35,673 | €39,912 | +€4,239 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,457 | +€8,457 | |
| Trade debts | 44 | €433 | €5,789 | +€5,356 | +1,237% |
| Suppliers | 440/4 | €433 | €5,789 | +€5,356 | +1,237% |
| Taxes, remuneration and social security | 45 | €4,598 | €25,665 | +€21,068 | +458% |
| Taxes | 450/3 | €4,598 | €17,928 | +€13,330 | +290% |
| Remuneration and social security | 454/9 | - | €7,738 | +€7,738 | |
| Other amounts payable | 47/48 | €30,642 | - | -€30,642 | |
| Accrued charges and deferred income | 492/3 | - | €30 | +€30 | |
| Remuneration, social security and pensions | 62 | - | €29,012 | +€29,012 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,894 | +€1,894 | |
| Other operating charges | 640/8 | €184 | €248 | +€64 | +34.9% |
| Gross operating margin | 9900 | €2,086 | €77,127 | +€75,042 | +3,598% |
| Operating profit (loss) | 9901 | €1,902 | €45,974 | +€44,072 | +2,317% |
| Financial income | 75/76B | - | €269 | +€269 | |
| Recurring financial income | 75 | - | €269 | +€269 | |
| Financial charges | 65/66B | €137 | €496 | +€359 | +262% |
| Recurring financial charges | 65 | €137 | €496 | +€359 | +262% |
| Profit (loss) for the period before taxes | 9903 | €1,765 | €45,747 | +€43,982 | +2,492% |
| Income taxes | 67/77 | €1,068 | €12,960 | +€11,892 | +1,114% |
| Profit (loss) for the period | 9904 | €697 | €32,788 | +€32,091 | +4,604% |
| Profit (loss) for the period to be appropriated | 9905 | €697 | €32,788 | +€32,091 | +4,604% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.