MnM-Tech: 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.
MnM-Tech
Largest movements
- Stocks and contracts -€230,711
no longer reported in 2025 (was €230,711)
- Tangible fixed assets +€39,849
up €39,849 (+87.1%), from €45,741 to €85,590
of which Plant, machinery and equipment: +€51,300
- Cash +€37,436
up €37,436 (+78.4%), from €47,736 to €85,172
mainly Stocks and contracts (+€230,711) and Other debts (+€67,845)
- Receivables within one year -€21,496
down €21,496 (-47.0%), from €45,699 to €24,203
of which Other amounts receivable: -€17,718
- Debts after one year -€100,000
no longer reported in 2025 (was €100,000)
- Current portion of long-term debt -€84,000
no longer reported in 2025 (was €84,000)
- Other debts +€67,845
up €67,845 (+149%), from €45,394 to €113,239
- Trade debts -€56,349
down €56,349 (-95.6%), from €58,912 to €2,563
- Tax, wage and social debts -€5,797
down €5,797 (-94.2%), from €6,157 to €360
- Depreciation +€9,111
up €9,111 (+40.0%), from €22,766 to €31,877
- Financial charges -€5,710
down €5,710 (-52.5%), from €10,885 to €5,175
- Gross operating margin +€2,720
up €2,720 (+6.4%), from €42,782 to €45,501
- Taxes -€636
down €636 (-16.1%), from €3,944 to €3,308
- Other operating charges -€532
down €532 (-24.6%), from €2,161 to €1,629
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 | €378,993 | €204,209 | -€174,785 | -46.1% |
| Fixed assets | 21/28 | €51,941 | €91,790 | +€39,849 | +76.7% |
| Tangible fixed assets | 22/27 | €45,741 | €85,590 | +€39,849 | +87.1% |
| Land and buildings | 22 | €14,289 | €11,810 | -€2,479 | -17.4% |
| Plant, machinery and equipment | 23 | €226 | €51,526 | +€51,300 | +22,742% |
| Furniture and vehicles | 24 | €31,226 | €22,254 | -€8,972 | -28.7% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €327,052 | €112,419 | -€214,634 | -65.6% |
| Stocks and contracts in progress | 3 | €230,711 | - | -€230,711 | |
| Stocks | 30/36 | €230,711 | - | -€230,711 | |
| Amounts receivable within one year | 40/41 | €45,699 | €24,203 | -€21,496 | -47.0% |
| Trade receivables | 40 | €27,693 | €23,916 | -€3,778 | -13.6% |
| Other amounts receivable | 41 | €18,006 | €288 | -€17,718 | -98.4% |
| Cash at bank and in hand | 54/58 | €47,736 | €85,172 | +€37,436 | +78.4% |
| Deferred charges and accrued income | 490/1 | €2,907 | €3,043 | +€137 | +4.7% |
| Total equity and liabilities | 10/49 | €378,993 | €204,209 | -€174,785 | -46.1% |
| Equity | 10/15 | €84,531 | €88,047 | +€3,516 | +4.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €34,531 | €38,047 | +€3,516 | +10.2% |
| Distributable reserves | 133 | €34,531 | €38,047 | +€3,516 | +10.2% |
| Amounts payable | 17/49 | €294,462 | €116,162 | -€178,301 | -60.6% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €194,462 | €116,162 | -€78,301 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €84,000 | - | -€84,000 | |
| Trade debts | 44 | €58,912 | €2,563 | -€56,349 | -95.6% |
| Suppliers | 440/4 | €58,912 | €2,563 | -€56,349 | -95.6% |
| Taxes, remuneration and social security | 45 | €6,157 | €360 | -€5,797 | -94.2% |
| Taxes | 450/3 | €6,157 | €360 | -€5,797 | -94.2% |
| Other amounts payable | 47/48 | €45,394 | €113,239 | +€67,845 | +149% |
| Non-recurring operating income | 76A | - | €4,289 | +€4,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,766 | €31,877 | +€9,111 | +40.0% |
| Other operating charges | 640/8 | €2,161 | €1,629 | -€532 | -24.6% |
| Gross operating margin | 9900 | €42,782 | €45,501 | +€2,720 | +6.4% |
| Operating profit (loss) | 9901 | €17,855 | €11,995 | -€5,859 | -32.8% |
| Financial income | 75/76B | €14 | €3 | -€11 | -77.7% |
| Recurring financial income | 75 | €14 | €3 | -€11 | -77.7% |
| Financial charges | 65/66B | €10,885 | €5,175 | -€5,710 | -52.5% |
| Recurring financial charges | 65 | €10,885 | €5,175 | -€5,710 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €6,984 | €6,823 | -€160 | -2.3% |
| Income taxes | 67/77 | €3,944 | €3,308 | -€636 | -16.1% |
| Profit (loss) for the period | 9904 | €3,040 | €3,516 | +€476 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,040 | €3,516 | +€476 | +15.7% |
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 14 October 2026 via checked.be.