MMZ GROUP: what changed
MMZ GROUP
Largest movements
- Receivables within one year -€43,906
down €43,906 (-88.8%), from €49,437 to €5,530
of which Other amounts receivable: -€30,536
- Tangible fixed assets +€16,331
new in 2024: €16,331
- Cash +€3,375
up €3,375 (+167%), from €2,023 to €5,397
mainly Receivables within one year (+€43,906) and Trade debts (+€4,320)
- Profit (loss) carried forward -€24,355
down €24,355, from €6,001 to -€18,354
- Trade debts +€4,320
up €4,320 (+15.9%), from €27,208 to €31,529
- Tax, wage and social debts -€4,166
down €4,166 (-49.4%), from €8,429 to €4,263
of which Remuneration and social security: -€2,358
- Gross operating margin -€53,099
down €53,099, from €32,600 to -€20,498
- Turnover -€48,429
down €48,429 (-38.5%), from €125,761 to €77,332
- Staff costs -€23,787
down €23,787 (-99.8%), from €23,825 to €38
- Purchases and services +€4,670
up €4,670 (+5.0%), from €93,161 to €97,831
- Other operating charges +€1,937
up €1,937 (+195%), from €996 to €2,933
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,638 | €27,438 | -€24,200 | -46.9% |
| Fixed assets | 21/28 | €179 | €16,510 | +€16,331 | +9,124% |
| Tangible fixed assets | 22/27 | - | €16,331 | +€16,331 | |
| Furniture and vehicles | 24 | - | €16,331 | +€16,331 | |
| Financial fixed assets | 28 | €179 | €179 | = | 0.0% |
| Current assets | 29/58 | €51,459 | €10,928 | -€40,532 | -78.8% |
| Amounts receivable within one year | 40/41 | €49,437 | €5,530 | -€43,906 | -88.8% |
| Trade receivables | 40 | €17,083 | €3,713 | -€13,370 | -78.3% |
| Other amounts receivable | 41 | €32,354 | €1,818 | -€30,536 | -94.4% |
| Cash at bank and in hand | 54/58 | €2,023 | €5,397 | +€3,375 | +167% |
| Total equity and liabilities | 10/49 | €51,638 | €27,438 | -€24,200 | -46.9% |
| Equity | 10/15 | €16,001 | -€8,354 | -€24,355 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,001 | -€18,354 | -€24,355 | |
| Amounts payable | 17/49 | €35,638 | €35,792 | +€154 | +0.4% |
| Amounts payable within one year | 42/48 | €35,638 | €35,792 | +€154 | +0.4% |
| Trade debts | 44 | €27,208 | €31,529 | +€4,320 | +15.9% |
| Suppliers | 440/4 | €27,208 | €31,529 | +€4,320 | +15.9% |
| Taxes, remuneration and social security | 45 | €8,429 | €4,263 | -€4,166 | -49.4% |
| Taxes | 450/3 | €3,536 | €1,728 | -€1,808 | -51.1% |
| Remuneration and social security | 454/9 | €4,893 | €2,535 | -€2,358 | -48.2% |
| Turnover | 70 | €125,761 | €77,332 | -€48,429 | -38.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,161 | €97,831 | +€4,670 | +5.0% |
| Remuneration, social security and pensions | 62 | €23,825 | €38 | -€23,787 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €169 | +€169 | |
| Other operating charges | 640/8 | €996 | €2,933 | +€1,937 | +195% |
| Non-recurring operating charges | 66A | €380 | €520 | +€139 | +36.6% |
| Gross operating margin | 9900 | €32,600 | -€20,498 | -€53,099 | |
| Operating profit (loss) | 9901 | €7,399 | -€24,158 | -€31,557 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €217 | €215 | -€2 | -0.7% |
| Recurring financial charges | 65 | €217 | €215 | -€2 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €7,183 | -€24,355 | -€31,537 | |
| Profit (loss) for the period | 9904 | €7,183 | -€24,355 | -€31,537 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,183 | -€24,355 | -€31,537 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.