DR. MAMBUENI MALONGA: 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.
DR. MAMBUENI MALONGA
Largest movements
- Receivables within one year +€89,972
up €89,972 (+58.0%), from €155,055 to €245,027
of which Other amounts receivable: +€76,887
- Cash -€38,320
down €38,320 (-55.2%), from €69,450 to €31,130
mainly Receivables within one year (-€89,972) and Trade debts (-€7,054)
- Tangible fixed assets -€6,660
down €6,660 (-21.5%), from €30,923 to €24,263
- Deferred charges and accrued income +€5,774
new in 2025: €5,774
- Reserves +€47,500
up €47,500 (+21.7%), from €218,706 to €266,206
of which Distributable reserves: +€47,500
- Tax, wage and social debts +€9,273
up €9,273 (+150%), from €6,200 to €15,473
of which Taxes: +€8,173
- Trade debts -€7,054
down €7,054 (-47.6%), from €14,830 to €7,776
- Taxes +€18,050
up €18,050 (+258%), from €7,000 to €25,050
- Gross operating margin +€3,902
up €3,902 (+5.7%), from €68,869 to €72,771
- Financial income +€3,010
up €3,010 (+36.4%), from €8,280 to €11,290
- Financial charges +€1,122
up €1,122 (+49.5%), from €2,269 to €3,391
- Depreciation +€774
up €774 (+13.2%), from €5,886 to €6,660
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 | €258,401 | €309,166 | +€50,766 | +19.6% |
| Fixed assets | 21/28 | €33,895 | €27,235 | -€6,660 | -19.6% |
| Tangible fixed assets | 22/27 | €30,923 | €24,263 | -€6,660 | -21.5% |
| Land and buildings | 22 | €20,147 | €17,870 | -€2,277 | -11.3% |
| Plant, machinery and equipment | 23 | €1,650 | €1,387 | -€263 | -15.9% |
| Furniture and vehicles | 24 | €5,774 | €4,570 | -€1,204 | -20.9% |
| Other tangible fixed assets | 26 | €3,353 | €437 | -€2,916 | -87.0% |
| Financial fixed assets | 28 | €2,972 | €2,972 | = | 0.0% |
| Current assets | 29/58 | €224,505 | €281,931 | +€57,426 | +25.6% |
| Amounts receivable within one year | 40/41 | €155,055 | €245,027 | +€89,972 | +58.0% |
| Trade receivables | 40 | - | €13,084 | +€13,084 | |
| Other amounts receivable | 41 | €155,055 | €231,942 | +€76,887 | +49.6% |
| Cash at bank and in hand | 54/58 | €69,450 | €31,130 | -€38,320 | -55.2% |
| Deferred charges and accrued income | 490/1 | - | €5,774 | +€5,774 | |
| Total equity and liabilities | 10/49 | €258,401 | €309,166 | +€50,766 | +19.6% |
| Equity | 10/15 | €237,371 | €285,373 | +€48,002 | +20.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €218,706 | €266,206 | +€47,500 | +21.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €216,846 | €264,346 | +€47,500 | +21.9% |
| Profit (loss) carried forward | 14 | €6,265 | €6,766 | +€502 | +8.0% |
| Amounts payable | 17/49 | €21,030 | €23,794 | +€2,764 | +13.1% |
| Amounts payable within one year | 42/48 | €21,030 | €23,473 | +€2,444 | +11.6% |
| Financial debts | 43 | - | €224 | +€224 | |
| Credit institutions | 430/8 | - | €224 | +€224 | |
| Trade debts | 44 | €14,830 | €7,776 | -€7,054 | -47.6% |
| Suppliers | 440/4 | €14,830 | €7,776 | -€7,054 | -47.6% |
| Taxes, remuneration and social security | 45 | €6,200 | €15,473 | +€9,273 | +150% |
| Taxes | 450/3 | €6,200 | €14,373 | +€8,173 | +132% |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Accrued charges and deferred income | 492/3 | - | €321 | +€321 | |
| Non-recurring operating income | 76A | - | €12,506 | +€12,506 | |
| Remuneration, social security and pensions | 62 | €163 | - | -€163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,886 | €6,660 | +€774 | +13.2% |
| Other operating charges | 640/8 | €387 | €860 | +€473 | +122% |
| Non-recurring operating charges | 66A | - | €98 | +€98 | |
| Gross operating margin | 9900 | €68,869 | €72,771 | +€3,902 | +5.7% |
| Operating profit (loss) | 9901 | €62,432 | €65,152 | +€2,720 | +4.4% |
| Financial income | 75/76B | €8,280 | €11,290 | +€3,010 | +36.4% |
| Recurring financial income | 75 | €8,280 | €11,290 | +€3,010 | +36.4% |
| Financial charges | 65/66B | €2,269 | €3,391 | +€1,122 | +49.5% |
| Recurring financial charges | 65 | €2,269 | €3,391 | +€1,122 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €68,443 | €73,052 | +€4,608 | +6.7% |
| Income taxes | 67/77 | €7,000 | €25,050 | +€18,050 | +258% |
| Profit (loss) for the period | 9904 | €61,443 | €48,002 | -€13,442 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,443 | €48,002 | -€13,442 | -21.9% |
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 13 October 2026 via checked.be.