We believe in complete openness about how we manage our resources.
At M & M, financial transparency is not just a policy — it is a core value that guides every decision we make. As a registered nonprofit association (ASBL/VZW), we understand that the trust our members and donors place in us must be earned and maintained through consistent openness about our finances.
Every euro donated to M & M goes directly toward supporting our community programs and activities. Our board of directors carefully oversees all financial decisions, ensuring that resources are allocated effectively to maximize community impact. We invite you to review our financial summary below and welcome any questions about how your contributions are used.
A transparent breakdown of how every euro is allocated across our programs and operations.
The following table provides a clear overview of M & M's annual income and expenses. These figures reflect our commitment to directing the vast majority of our resources toward the programs and activities that benefit our community.
| Category | Amount (EUR) |
|---|---|
| Income | |
| Membership Fees | €8,000 |
| Donations | €6,000 |
| Event Revenue | €4,500 |
| Other | €1,500 |
| Expenses | |
| Programs | €14,000 |
| Equipment | €3,000 |
| Events | €2,000 |
| Administration | €1,000 |
| Total | €20,000 |
M & M is governed by a dedicated board of directors that meets regularly to review financial performance and strategic direction. All financial accounts are prepared in accordance with Belgian nonprofit accounting standards and are subject to approval at our annual general meeting, where every member has the opportunity to review and discuss our financial position.
Our enterprise number is BE0843318493. This registration ensures full accountability under Belgian law and allows any member of the public to verify our nonprofit status and financial records through official channels. We maintain detailed records of all transactions and welcome any member who wishes to examine our books.