M.A.M SERVICES: 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.
M.A.M SERVICES
Largest movements
- Receivables within one year +€76,323
up €76,323 (+107%), from €71,460 to €147,783
of which Trade receivables: +€61,202
- Tangible fixed assets +€10,425
up €10,425 (+117%), from €8,917 to €19,342
- Cash -€2,128
down €2,128 (-100.0%), from €2,129 to €1
mainly Receivables within one year (-€76,323) and Investment in fixed assets (net) (-€16,100)
- Trade debts +€65,994
up €65,994 (+158%), from €41,680 to €107,674
- Profit (loss) carried forward +€18,626
up €18,626 (+47.6%), from €39,126 to €57,752
- Turnover -€156,451
no longer reported in 2025 (was €156,451)
- Purchases and services -€105,648
no longer reported in 2025 (was €105,648)
- Gross operating margin -€24,279
down €24,279 (-47.8%), from €50,803 to €26,524
- Staff costs -€7,991
no longer reported in 2025 (was €7,991)
- Depreciation +€2,892
up €2,892 (+104%), from €2,783 to €5,675
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 | €82,806 | €167,426 | +€84,620 | +102% |
| Fixed assets | 21/28 | €9,217 | €19,642 | +€10,425 | +113% |
| Tangible fixed assets | 22/27 | €8,917 | €19,342 | +€10,425 | +117% |
| Furniture and vehicles | 24 | €8,917 | €19,342 | +€10,425 | +117% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €73,589 | €147,784 | +€74,195 | +101% |
| Amounts receivable within one year | 40/41 | €71,460 | €147,783 | +€76,323 | +107% |
| Trade receivables | 40 | €49,854 | €111,056 | +€61,202 | +123% |
| Other amounts receivable | 41 | €21,606 | €36,727 | +€15,121 | +70.0% |
| Cash at bank and in hand | 54/58 | €2,129 | €1 | -€2,128 | -100.0% |
| Total equity and liabilities | 10/49 | €82,806 | €167,426 | +€84,620 | +102% |
| Equity | 10/15 | €41,126 | €59,752 | +€18,626 | +45.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,126 | €57,752 | +€18,626 | +47.6% |
| Amounts payable | 17/49 | €41,680 | €107,674 | +€65,994 | +158% |
| Amounts payable within one year | 42/48 | €41,680 | €107,674 | +€65,994 | +158% |
| Trade debts | 44 | €41,680 | €107,674 | +€65,994 | +158% |
| Suppliers | 440/4 | €41,680 | €107,674 | +€65,994 | +158% |
| Turnover | 70 | €156,451 | - | -€156,451 | |
| Goods, raw materials, services and sundry goods | 60/61 | €105,648 | - | -€105,648 | |
| Remuneration, social security and pensions | 62 | €7,991 | - | -€7,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,783 | €5,675 | +€2,892 | +104% |
| Other operating charges | 640/8 | €722 | €1,887 | +€1,165 | +161% |
| Gross operating margin | 9900 | €50,803 | €26,524 | -€24,279 | -47.8% |
| Operating profit (loss) | 9901 | €39,307 | €18,962 | -€20,345 | -51.8% |
| Financial charges | 65/66B | €181 | €336 | +€155 | +85.6% |
| Recurring financial charges | 65 | €181 | €336 | +€155 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | €39,126 | €18,626 | -€20,500 | -52.4% |
| Profit (loss) for the period | 9904 | €39,126 | €18,626 | -€20,500 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,126 | €18,626 | -€20,500 | -52.4% |
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 13 October 2026 via checked.be.