M.M.V. CONSTRUCT: 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.
M.M.V. CONSTRUCT
Largest movements
- Receivables within one year -€19,128
down €19,128 (-17.3%), from €110,302 to €91,174
of which Trade receivables: -€16,078
- Cash -€1,437
down €1,437 (-52.5%), from €2,737 to €1,300
mainly Trade debts (-€29,171)
- Trade debts -€29,171
down €29,171 (-86.3%), from €33,809 to €4,638
of which Bills of exchange payable: -€17,459
- Profit (loss) carried forward +€6,701
up €6,701 (+8.8%), from €76,536 to €83,236
- Tax, wage and social debts +€1,906
up €1,906 (+70.8%), from €2,693 to €4,599
- Turnover -€45,849
down €45,849 (-28.5%), from €160,941 to €115,093
- Purchases and services -€43,849
down €43,849 (-29.3%), from €149,462 to €105,614
- Gross operating margin -€2,000
down €2,000 (-17.4%), from €11,479 to €9,479
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,039 | €92,474 | -€20,565 | -18.2% |
| Current assets | 29/58 | €113,039 | €92,474 | -€20,565 | -18.2% |
| Amounts receivable within one year | 40/41 | €110,302 | €91,174 | -€19,128 | -17.3% |
| Trade receivables | 40 | €25,094 | €9,016 | -€16,078 | -64.1% |
| Other amounts receivable | 41 | €85,207 | €82,158 | -€3,050 | -3.6% |
| Cash at bank and in hand | 54/58 | €2,737 | €1,300 | -€1,437 | -52.5% |
| Total equity and liabilities | 10/49 | €113,039 | €92,474 | -€20,565 | -18.2% |
| Equity | 10/15 | €76,537 | €83,237 | +€6,701 | +8.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,536 | €83,236 | +€6,701 | +8.8% |
| Amounts payable | 17/49 | €36,502 | €9,237 | -€27,265 | -74.7% |
| Amounts payable within one year | 42/48 | €36,502 | €9,237 | -€27,265 | -74.7% |
| Trade debts | 44 | €33,809 | €4,638 | -€29,171 | -86.3% |
| Suppliers | 440/4 | €14,773 | €3,061 | -€11,712 | -79.3% |
| Bills of exchange payable | 441 | €19,036 | €1,576 | -€17,459 | -91.7% |
| Taxes, remuneration and social security | 45 | €2,693 | €4,599 | +€1,906 | +70.8% |
| Taxes | 450/3 | €2,693 | €4,599 | +€1,906 | +70.8% |
| Turnover | 70 | €160,941 | €115,093 | -€45,849 | -28.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €149,462 | €105,614 | -€43,849 | -29.3% |
| Remuneration, social security and pensions | 62 | €155 | €179 | +€24 | +15.3% |
| Other operating charges | 640/8 | €207 | €143 | -€64 | -31.0% |
| Gross operating margin | 9900 | €11,479 | €9,479 | -€2,000 | -17.4% |
| Operating profit (loss) | 9901 | €11,117 | €9,158 | -€1,960 | -17.6% |
| Financial charges | 65/66B | €179 | €158 | -€21 | -11.7% |
| Recurring financial charges | 65 | €179 | €158 | -€21 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €10,939 | €9,000 | -€1,939 | -17.7% |
| Income taxes | 67/77 | €2,761 | €2,300 | -€462 | -16.7% |
| Profit (loss) for the period | 9904 | €8,178 | €6,701 | -€1,477 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,178 | €6,701 | -€1,477 | -18.1% |
Source: filed annual accounts (NBB), financial years ended 31 July 2023 and 31 July 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.