HOLDING MOMMAERT: 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.
HOLDING MOMMAERT
Largest movements
- Receivables within one year +€14,604
up €14,604 (+5.7%), from €256,213 to €270,817
of which Other amounts receivable: +€13,485
- Cash -€9,981
down €9,981 (-29.5%), from €33,812 to €23,830
mainly Receivables within one year (-€14,604) and Trade debts (-€2,998)
- Tangible fixed assets -€3,998
down €3,998 (-5.4%), from €74,054 to €70,056
of which Land and buildings: -€4,400
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€768
up €768 (+38.0%), from €2,020 to €2,789
- Financial income -€474
down €474 (-4.3%), from €10,902 to €10,428
- Taxes +€253
up €253 (+99.0%), from €256 to €509
- Depreciation -€64
down €64 (-1.4%), from €4,557 to €4,493
- Other operating charges -€57
down €57 (-3.1%), from €1,800 to €1,744
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 | €364,079 | €365,819 | +€1,740 | +0.5% |
| Fixed assets | 21/28 | €74,054 | €70,056 | -€3,998 | -5.4% |
| Tangible fixed assets | 22/27 | €74,054 | €70,056 | -€3,998 | -5.4% |
| Land and buildings | 22 | €74,009 | €69,608 | -€4,400 | -5.9% |
| Plant, machinery and equipment | 23 | €45 | €0 | -€45 | -100% |
| Furniture and vehicles | 24 | - | €448 | +€448 | |
| Current assets | 29/58 | €290,025 | €295,763 | +€5,738 | +2.0% |
| Amounts receivable within one year | 40/41 | €256,213 | €270,817 | +€14,604 | +5.7% |
| Trade receivables | 40 | €26,006 | €27,125 | +€1,119 | +4.3% |
| Other amounts receivable | 41 | €230,207 | €243,692 | +€13,485 | +5.9% |
| Cash at bank and in hand | 54/58 | €33,812 | €23,830 | -€9,981 | -29.5% |
| Deferred charges and accrued income | 490/1 | - | €1,116 | +€1,116 | |
| Total equity and liabilities | 10/49 | €364,079 | €365,819 | +€1,740 | +0.5% |
| Equity | 10/15 | €274,942 | €278,141 | +€3,199 | +1.2% |
| Contributions | 10/11 | €113,273 | €113,273 | = | 0.0% |
| Capital | 10 | €113,273 | €113,273 | = | 0.0% |
| Issued capital | 100 | €113,273 | €113,273 | = | 0.0% |
| Reserves | 13 | €63,334 | €66,533 | +€3,199 | +5.1% |
| Non-distributable reserves | 130/1 | €11,897 | €11,897 | = | 0.0% |
| Legal reserve | 130 | €11,897 | €11,897 | = | 0.0% |
| Distributable reserves | 133 | €51,437 | €54,635 | +€3,199 | +6.2% |
| Profit (loss) carried forward | 14 | €98,335 | €98,335 | = | 0.0% |
| Provisions and deferred taxes | 16 | €79,326 | €79,326 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €79,326 | €79,326 | = | 0.0% |
| Pensions and similar obligations | 160 | €79,326 | €79,326 | = | 0.0% |
| Amounts payable | 17/49 | €9,811 | €8,352 | -€1,459 | -14.9% |
| Amounts payable within one year | 42/48 | €9,811 | €8,352 | -€1,459 | -14.9% |
| Financial debts | 43 | - | €111 | +€111 | |
| Credit institutions | 430/8 | - | €111 | +€111 | |
| Trade debts | 44 | €4,677 | €1,679 | -€2,998 | -64.1% |
| Suppliers | 440/4 | €4,677 | €1,679 | -€2,998 | -64.1% |
| Taxes, remuneration and social security | 45 | €4,665 | €6,092 | +€1,428 | +30.6% |
| Taxes | 450/3 | €4,665 | €6,092 | +€1,428 | +30.6% |
| Other amounts payable | 47/48 | €469 | €469 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,557 | €4,493 | -€64 | -1.4% |
| Other operating charges | 640/8 | €1,800 | €1,744 | -€57 | -3.1% |
| Gross operating margin | 9900 | €2,020 | €2,789 | +€768 | +38.0% |
| Operating profit (loss) | 9901 | -€4,337 | -€3,448 | +€889 | +20.5% |
| Financial income | 75/76B | €10,902 | €10,428 | -€474 | -4.3% |
| Recurring financial income | 75 | €10,902 | €10,428 | -€474 | -4.3% |
| Financial charges | 65/66B | €3,216 | €3,272 | +€56 | +1.7% |
| Recurring financial charges | 65 | €3,216 | €3,272 | +€56 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €3,350 | €3,708 | +€359 | +10.7% |
| Income taxes | 67/77 | €256 | €509 | +€253 | +99.0% |
| Profit (loss) for the period | 9904 | €3,094 | €3,199 | +€105 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,094 | €3,199 | +€105 | +3.4% |
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 14 October 2026 via checked.be.