MMW Consultancy: 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.
MMW Consultancy
Largest movements
- Cash -€120,049
down €120,049 (-84.9%), from €141,388 to €21,340
mainly Contributions, distributions and other (-€188,589) and Receivables within one year (-€14,608)
- Receivables within one year +€14,608
up €14,608 (+100%), from €14,556 to €29,164
of which Trade receivables: +€15,973
- Reserves -€146,863
down €146,863 (-100%), from €146,863 to €0
- Other debts +€41,479
up €41,479 (+16,750%), from €248 to €41,726
- Gross operating margin -€8,808
down €8,808 (-13.8%), from €63,993 to €55,185
- Taxes -€2,135
down €2,135 (-15.2%), from €14,026 to €11,891
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 | €158,270 | €52,405 | -€105,865 | -66.9% |
| Fixed assets | 21/28 | €2,326 | €1,854 | -€472 | -20.3% |
| Tangible fixed assets | 22/27 | €2,326 | €1,854 | -€472 | -20.3% |
| Furniture and vehicles | 24 | €2,326 | €1,854 | -€472 | -20.3% |
| Current assets | 29/58 | €155,944 | €50,551 | -€105,393 | -67.6% |
| Amounts receivable within one year | 40/41 | €14,556 | €29,164 | +€14,608 | +100% |
| Trade receivables | 40 | €10,581 | €26,555 | +€15,973 | +151% |
| Other amounts receivable | 41 | €3,974 | €2,609 | -€1,365 | -34.3% |
| Cash at bank and in hand | 54/58 | €141,388 | €21,340 | -€120,049 | -84.9% |
| Deferred charges and accrued income | 490/1 | €0 | €47 | +€47 | |
| Total equity and liabilities | 10/49 | €158,270 | €52,405 | -€105,865 | -66.9% |
| Equity | 10/15 | €151,863 | €5,000 | -€146,863 | -96.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €146,863 | €0 | -€146,863 | -100% |
| Distributable reserves | 133 | €146,863 | €0 | -€146,863 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,407 | €47,405 | +€40,998 | +640% |
| Amounts payable within one year | 42/48 | €6,407 | €47,405 | +€40,998 | +640% |
| Trade debts | 44 | €1,280 | €74 | -€1,206 | -94.2% |
| Suppliers | 440/4 | €1,280 | €74 | -€1,206 | -94.2% |
| Taxes, remuneration and social security | 45 | €4,879 | €5,605 | +€725 | +14.9% |
| Taxes | 450/3 | €4,879 | €5,605 | +€725 | +14.9% |
| Other amounts payable | 47/48 | €248 | €41,726 | +€41,479 | +16,750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €472 | +€439 | +1,336% |
| Other operating charges | 640/8 | €502 | €911 | +€409 | +81.5% |
| Gross operating margin | 9900 | €63,993 | €55,185 | -€8,808 | -13.8% |
| Operating profit (loss) | 9901 | €63,458 | €53,802 | -€9,656 | -15.2% |
| Financial charges | 65/66B | €141 | €185 | +€45 | +31.8% |
| Recurring financial charges | 65 | €141 | €185 | +€45 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €63,318 | €53,617 | -€9,701 | -15.3% |
| Income taxes | 67/77 | €14,026 | €11,891 | -€2,135 | -15.2% |
| Profit (loss) for the period | 9904 | €49,292 | €41,726 | -€7,566 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,292 | €41,726 | -€7,566 | -15.3% |
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 20 October 2026 via checked.be.