MAMIMO
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 33 filings
Turnover
≈ €210,000
Estimated: probably between €170,000 and €270,000
Total assets
€1.4m▲ 1.4%
2024 · €1.4m
Net result
€73,685▲ 22.6%
2024 · €60,080
Working capital
-€240,666▼ 139%
2024 · -€100,780
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€72,195
▲ 19.5%
2025
20182025
Net result
€73,685
▲ 22.6%
2025
middle half of the sector
20182025
Equity
€459,362
▲ 15.5%
2025
middle half of the sector
20182025
Total assets
€1.4m
▲ 1.4%
2025
middle half of the sector
20182025
Debt
€976,559
▼ 4.1%
2025
20182025
Working capital
-€240,666
▼ 139%
2025
lowest quarter of the sector
20182025
Solvency
32.0%
▲ 3.9pp
2025
middle half of the sector
20182025
Current ratio
0.15
▼ 0.42
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
5.1%
▲ 0.9pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.2m▲ 645%€0.02m▼ 90.6%€0.05m▲ 159%€0.05m▲ 1.2%€0.06m▲ 13.1%€0.06m▲ 8.3%€0.07m▲ 19.5%
Net result-€0.001m--€0.03m▼ 2,188%€0.2mabove the sector's middle half€0.03mwithin the sector's middle half▼ 84.6%€0.05mwithin the sector's middle half▲ 88.9%€0.06mwithin the sector's middle half▲ 14.3%€0.06mwithin the sector's middle half▲ 4.6%€0.07mwithin the sector's middle half▲ 22.6%
Equity€0.06m-€0.1m▲ 147%€0.2mwithin the sector's middle half▲ 38.2%€0.2mwithin the sector's middle half▲ 13.1%€0.3mabove the sector's middle half▲ 21.8%€0.3mabove the sector's middle half▲ 20.5%€0.4mabove the sector's middle half▲ 17.8%€0.5mwithin the sector's middle half▲ 15.5%
Total assets€0.7m-€0.3m▼ 48.0%€0.4mwithin the sector's middle half▲ 2.5%€1.3mabove the sector's middle half▲ 283%€1.5mabove the sector's middle half▲ 8.7%€1.4mabove the sector's middle half▼ 1.2%€1.4mabove the sector's middle half▼ 1.7%€1.4mwithin the sector's middle half▲ 1.4%
Debt€0.6m-€0.1m▼ 80.4%€0.1m▲ 25.8%€1.1m▲ 656%€1.2m▲ 6.0%€1.1m▼ 6.4%€1.0m▼ 7.7%€1.0m▼ 4.1%
Working capital-€0.3m--€0.1m▲ 64.0%€0.02mwithin the sector's middle half-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 1.0%-€0.1mbelow the sector's middle half▲ 3.7%-€0.1mbelow the sector's middle half▲ 10.4%-€0.2mbelow the sector's middle half▼ 139%
Solvency9.1%-43.0%▲ 33.9pp58.0%within the sector's middle half▲ 15.0pp17.1%below the sector's middle half▼ 40.9pp19.2%below the sector's middle half▲ 2.1pp23.4%below the sector's middle half▲ 4.2pp28.1%within the sector's middle half▲ 4.7pp32.0%within the sector's middle half▲ 3.9pp
Current ratio0.10-0.17▲ 0.062.07within the sector's middle half▲ 1.910.31below the sector's middle half▼ 1.760.43below the sector's middle half▲ 0.120.49below the sector's middle half▲ 0.060.56below the sector's middle half▲ 0.070.15below the sector's middle half▼ 0.42
Return on assets (ROA)-0.2%--8.6%▼ 8.4pp49.4%above the sector's middle half▲ 58.1pp2.0%within the sector's middle half▼ 47.4pp3.4%within the sector's middle half▲ 1.5pp4.0%within the sector's middle half▲ 0.5pp4.2%within the sector's middle half▲ 0.3pp5.1%within the sector's middle half▲ 0.9pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 20% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.4m ▲ 8.4%
Current assets
€41,091 ▼ 68.4%
Equity and liabilities €1.4m
Equity
€459,362 ▲ 15.5%
Debt
€976,559 ▼ 4.1%
Debt's share of the balance-sheet total falls from 71.9% to 68.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113,854▲
2024 · €105,430
Cash flow
€115,343▲
2024 · €105,116
Debt to equity
2.13▼
2024 · 2.56
ROE
16.0%▲
2024 · 15.1%
Interest coverage
8.58▲
2024 · 8.11
Debt ≤ 1 year
€281,757▲
2024 · €230,637
Debt > 1 year
€675,256▼
2024 · €773,566
Income taxes
€10,245▼
2024 · €12,424
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 |
| Mortgage mandates | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m |
| Carrying value of the mortgaged assets | €287,971 | €370,941 | €331,524 | €286,489 | €244,830 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €125,674 | €6,614 | - | - |
| Financial fixed assets | €1.0m | - | - | - | €150,000 |
| Depreciation and write-downs of the year | €22,228 | €42,704 | €46,031 | €45,036 | €41,659 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,253 | €21,510 | €22,473 | €22,228 | €42,704 | €46,031 | €45,036 | €41,659 | ▼ 7.5% |
| Other operating charges640/8 | - | - | - | €12,727 | €11,634 | €14,267 | €14,850 | €15,280 | ▲ 2.9% |
| Gross operating margin9900 | €73,862 | €241,095 | €54,127 | €83,672 | €103,627 | €116,038 | €120,280 | €129,133 | ▲ 7.4% |
| Operating profit (loss)9901 | €26,779 | €199,536 | €18,824 | €48,717 | €49,289 | €55,740 | €60,394 | €72,195 | ▲ 19.5% |
| Financial income75/76B | - | - | - | - | €25,000 | €25,000 | €25,117 | €25,000 | ▼ 0.5% |
| Recurring financial income75 | - | - | - | - | €25,000 | €25,000 | €25,117 | €25,000 | ▼ 0.5% |
| Financial charges65/66B | - | - | - | €12,605 | €14,812 | €13,893 | €13,007 | €13,265 | ▲ 2.0% |
| Recurring financial charges65 | €28,069 | €34,121 | €4,824 | €11,366 | €14,812 | €13,893 | €13,007 | €13,265 | ▲ 2.0% |
| Non-recurring financial charges66B | - | - | - | €1,239 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,290 | €165,416 | €14,001 | €36,112 | €59,477 | €66,848 | €72,504 | €83,930 | ▲ 15.8% |
| Income taxes67/77 | - | - | €35,750 | €9,515 | €9,237 | €9,427 | €12,424 | €10,245 | ▼ 17.5% |
| Profit (loss) for the period9904 | -€1,290 | -€29,516 | €173,182 | €26,597 | €50,239 | €57,420 | €60,080 | €73,685 | ▲ 22.6% |
| Profit (loss) for the period to be appropriated9905 | -€1,290 | -€29,516 | €173,182 | €26,597 | €50,239 | €57,420 | €60,080 | €73,685 | ▲ 22.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.3m | €0.4m | €1.3m | €1.5m | €1.4m | €1.4m | €1.4m | ▲ 1.4% |
| Fixed assets21/28 | €0.6m | €0.3m | €0.3m | €1.3m | €1.4m | €1.3m | €1.3m | €1.4m | ▲ 8.4% |
| Tangible fixed assets22/27 | €0.6m | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 14.5% |
| Land and buildings22 | - | - | - | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 14.5% |
| Financial fixed assets28 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.2m | ▲ 15.0% |
| Current assets29/58 | €0.03m | €0.02m | €0.04m | €0.05m | €0.09m | €0.1m | €0.1m | €0.04m | ▼ 68.4% |
| Amounts receivable within one year40/41 | - | €0.001m | €0.006m | €0.006m | €0.02m | €0.05m | €0.02m | €0.01m | ▼ 29.9% |
| Trade receivables40 | - | - | - | €0.005m | €0.02m | €0.04m | €0.02m | €0.01m | ▼ 29.8% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.007m | €0.009m | €13 | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.007m | €0.02m | €0.05m | €0.06m | €0.06m | €0.1m | €0.03m | ▼ 76.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €378 | €391 | €393 | ▲ 0.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.3m | €0.4m | €1.3m | €1.5m | €1.4m | €1.4m | €1.4m | ▲ 1.4% |
| Equity10/15 | €0.06m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 15.5% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.001m | €0.1m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 18.7% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 18.7% |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 18.7% |
| Profit (loss) carried forward14 | -€0.3m | -€0.3m | -€0.2m | -€0.1m | -€0.08m | -€0.03m | €0.03m | €0.09m | ▲ 188% |
| Provisions and deferred taxes16 | - | €0.08m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.6m | €0.1m | €0.1m | €1.1m | €1.2m | €1.1m | €1.0m | €1.0m | ▼ 4.1% |
| Amounts payable after more than one year17 | €0.3m | - | €0.1m | €0.9m | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 12.7% |
| Financial debts170/4 | - | - | - | €0.9m | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 12.7% |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Amounts payable within one year42/48 | €0.3m | €0.1m | €0.02m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 22.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 0.9% |
| Trade debts44 | €271 | €0.006m | €0.004m | €183 | €199 | €494 | €0.001m | €0.005m | ▲ 821% |
| Suppliers440/4 | - | - | - | €183 | €199 | €494 | €0.001m | €0.005m | ▲ 821% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | - | €0.01m | €0.01m | €0.002m | ▼ 85.4% |
| Taxes450/3 | - | - | - | €0.002m | - | €0.01m | €0.01m | €0.002m | ▼ 85.4% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 47.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.006m | €0.01m | €0.01m | €0.02m | ▲ 35.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.001m | -€0.03m | €0.2m | €0.03m | €0.05m | €0.06m | €0.06m | €0.07m | ▲ 22.6% |
| + Depreciation and write-downs630 | €0.03m | €0.02m | €0.02m | €0.02m | €0.04m | €0.05m | €0.05m | €0.04m | ▼ 7.5% |
| Operating cash flow (approximation) | €0.03m | -€0.008m | €0.2m | €0.05m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 9.7% |
| Investment in fixed assets (approximation) | - | €0.3m | -€0.01m | -€1.0m | -€0.1m | -€0.007m | €0 | -€0.2m | - |
| Change in cash | - | -€0.02m | €0.01m | €0.03m | €0.02m | -€0.003m | €0.05m | -€0.08m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00224818 | |
| 31-12-2024 | micro format | 14-10-2025 | 2025-00541578 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00329914 | |
| 31-12-2022 | micro format | 08-08-2023 | 2023-00318374 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20132116 | |
| 31-12-2020 | micro format | 13-08-2021 | 2021-48700325 | |
| 31-12-2019 | micro format | 29-09-2020 | 2020-57400550 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40100429 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45200019 | |
| 31-12-2016 | micro format | 26-08-2017 | 2017-48800401 |