DE MAMBO: 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.
DE MAMBO
Largest movements
- Tangible fixed assets +€12,829
up €12,829 (+35.7%), from €35,968 to €48,797
of which Plant, machinery and equipment: +€14,142
- Receivables within one year +€8,094
up €8,094 (+35.7%), from €22,689 to €30,782
of which Trade receivables: +€11,131
- Cash +€4,965
up €4,965 (+4.0%), from €122,838 to €127,803
mainly Net result for the year (+€40,870) and Depreciation (+€20,229)
- Reserves +€40,870
up €40,870 (+153.0%), from €26,706 to €67,576
- Other debts -€27,988
down €27,988 (-46.9%), from €59,667 to €31,679
- Debts after one year +€14,777
up €14,777 (+44.8%), from €32,962 to €47,738
- Investment grants -€8,500
down €8,500 (-26.7%), from €31,875 to €23,375
- Current portion of long-term debt +€7,205
up €7,205 (+65.4%), from €11,008 to €18,213
- Gross operating margin +€22,388
up €22,388 (+21.0%), from €106,702 to €129,090
- Taxes +€5,916
up €5,916 (+76.8%), from €7,708 to €13,624
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,638 | €216,862 | +€26,225 | +13.8% |
| Fixed assets | 21/28 | €35,968 | €48,797 | +€12,829 | +35.7% |
| Tangible fixed assets | 22/27 | €35,968 | €48,797 | +€12,829 | +35.7% |
| Land and buildings | 22 | €10,106 | €8,793 | -€1,313 | -13.0% |
| Plant, machinery and equipment | 23 | €25,862 | €40,004 | +€14,142 | +54.7% |
| Current assets | 29/58 | €154,670 | €168,065 | +€13,396 | +8.7% |
| Stocks and contracts in progress | 3 | €4,898 | €5,074 | +€176 | +3.6% |
| Stocks | 30/36 | €4,898 | €5,074 | +€176 | +3.6% |
| Amounts receivable within one year | 40/41 | €22,689 | €30,782 | +€8,094 | +35.7% |
| Trade receivables | 40 | €9,943 | €21,074 | +€11,131 | +111.9% |
| Other amounts receivable | 41 | €12,745 | €9,709 | -€3,037 | -23.8% |
| Cash at bank and in hand | 54/58 | €122,838 | €127,803 | +€4,965 | +4.0% |
| Deferred charges and accrued income | 490/1 | €4,245 | €4,406 | +€162 | +3.8% |
| Total equity and liabilities | 10/49 | €190,638 | €216,862 | +€26,225 | +13.8% |
| Equity | 10/15 | €59,081 | €91,451 | +€32,370 | +54.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €26,706 | €67,576 | +€40,870 | +153.0% |
| Distributable reserves | 133 | €26,706 | €67,576 | +€40,870 | +153.0% |
| Investment grants | 15 | €31,875 | €23,375 | -€8,500 | -26.7% |
| Amounts payable | 17/49 | €131,557 | €125,411 | -€6,146 | -4.7% |
| Amounts payable after more than one year | 17 | €32,962 | €47,738 | +€14,777 | +44.8% |
| Financial debts | 170/4 | €32,962 | €47,738 | +€14,777 | +44.8% |
| Amounts payable within one year | 42/48 | €98,595 | €77,673 | -€20,922 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €11,008 | €18,213 | +€7,205 | +65.4% |
| Financial debts | 43 | €3,413 | €3,413 | = | 0.0% |
| Credit institutions | 430/8 | €3,413 | €3,413 | = | 0.0% |
| Trade debts | 44 | €7,595 | €12,693 | +€5,098 | +67.1% |
| Suppliers | 440/4 | €7,595 | €12,693 | +€5,098 | +67.1% |
| Taxes, remuneration and social security | 45 | €16,912 | €11,674 | -€5,237 | -31.0% |
| Taxes | 450/3 | €4,808 | €8,596 | +€3,789 | +78.8% |
| Remuneration and social security | 454/9 | €12,104 | €3,078 | -€9,026 | -74.6% |
| Other amounts payable | 47/48 | €59,667 | €31,679 | -€27,988 | -46.9% |
| Remuneration, social security and pensions | 62 | €45,859 | €46,238 | +€380 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,969 | €20,229 | +€1,260 | +6.6% |
| Other operating charges | 640/8 | €627 | €648 | +€20 | +3.3% |
| Gross operating margin | 9900 | €106,702 | €129,090 | +€22,388 | +21.0% |
| Operating profit (loss) | 9901 | €41,247 | €61,975 | +€20,728 | +50.3% |
| Financial income | 75/76B | €573 | €329 | -€244 | -42.7% |
| Recurring financial income | 75 | €573 | €329 | -€244 | -42.7% |
| Financial charges | 65/66B | €7,407 | €7,810 | +€403 | +5.4% |
| Recurring financial charges | 65 | €7,407 | €7,810 | +€403 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €34,413 | €54,494 | +€20,081 | +58.4% |
| Income taxes | 67/77 | €7,708 | €13,624 | +€5,916 | +76.8% |
| Profit (loss) for the period | 9904 | €26,706 | €40,870 | +€14,165 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,706 | €40,870 | +€14,165 | +53.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.