MAMAMYA: 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.
MAMAMYA
Largest movements
- Tangible fixed assets +€68,797
up €68,797 (+29.8%), from €230,608 to €299,405
of which Plant, machinery and equipment: +€77,478
- Receivables within one year +€9,981
up €9,981 (+1743.4%), from €572 to €10,553
of which Trade receivables: +€9,981
- Stocks and contracts +€6,444
new in 2025: €6,444
- Cash -€4,300
down €4,300 (-61.3%), from €7,012 to €2,712
mainly Investment in fixed assets (net) (-€86,317) and Receivables within one year (-€9,981)
- Debts after one year +€60,493
up €60,493 (+31.0%), from €195,398 to €255,891
- Profit (loss) carried forward +€10,580
up €10,580 (+49.2%), from -€21,501 to -€10,921
- Current portion of long-term debt +€7,995
up €7,995 (+49.9%), from €16,024 to €24,019
- Gross operating margin +€40,143
up €40,143 (+3572.7%), from €1,124 to €41,266
- Depreciation +€6,108
up €6,108 (+53.5%), from €11,412 to €17,520
- Financial charges +€3,388
up €3,388 (+37.2%), from €9,104 to €12,492
- Other operating charges -€1,445
down €1,445 (-68.2%), from €2,119 to €674
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.
Cash bridge derived
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 | €238,193 | €319,113 | +€80,921 | +34.0% |
| Fixed assets | 21/28 | €230,608 | €299,405 | +€68,797 | +29.8% |
| Tangible fixed assets | 22/27 | €230,608 | €299,405 | +€68,797 | +29.8% |
| Land and buildings | 22 | €208,724 | €200,043 | -€8,681 | -4.2% |
| Plant, machinery and equipment | 23 | €21,884 | €99,362 | +€77,478 | +354.0% |
| Current assets | 29/58 | €7,585 | €19,709 | +€12,124 | +159.8% |
| Stocks and contracts in progress | 3 | - | €6,444 | +€6,444 | |
| Stocks | 30/36 | - | €6,444 | +€6,444 | |
| Amounts receivable within one year | 40/41 | €572 | €10,553 | +€9,981 | +1743.4% |
| Trade receivables | 40 | €439 | €10,420 | +€9,981 | +2273.5% |
| Other amounts receivable | 41 | €133 | €133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,012 | €2,712 | -€4,300 | -61.3% |
| Total equity and liabilities | 10/49 | €238,193 | €319,113 | +€80,921 | +34.0% |
| Equity | 10/15 | -€16,501 | -€5,921 | +€10,580 | +64.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,501 | -€10,921 | +€10,580 | +49.2% |
| Amounts payable | 17/49 | €254,693 | €325,034 | +€70,341 | +27.6% |
| Amounts payable after more than one year | 17 | €195,398 | €255,891 | +€60,493 | +31.0% |
| Financial debts | 170/4 | €195,398 | €255,891 | +€60,493 | +31.0% |
| Amounts payable within one year | 42/48 | €59,295 | €69,143 | +€9,848 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €16,024 | €24,019 | +€7,995 | +49.9% |
| Trade debts | 44 | €491 | €1,217 | +€726 | +147.9% |
| Suppliers | 440/4 | €491 | €1,217 | +€726 | +147.9% |
| Taxes, remuneration and social security | 45 | €2,446 | €5,068 | +€2,622 | +107.2% |
| Taxes | 450/3 | €2,446 | €4,068 | +€1,622 | +66.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €40,334 | €38,839 | -€1,495 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,412 | €17,520 | +€6,108 | +53.5% |
| Other operating charges | 640/8 | €2,119 | €674 | -€1,445 | -68.2% |
| Gross operating margin | 9900 | €1,124 | €41,266 | +€40,143 | +3572.7% |
| Operating profit (loss) | 9901 | -€12,407 | €23,072 | +€35,479 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €9,104 | €12,492 | +€3,388 | +37.2% |
| Recurring financial charges | 65 | €9,104 | €12,492 | +€3,388 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,501 | €10,580 | +€32,080 | |
| Profit (loss) for the period | 9904 | -€21,501 | €10,580 | +€32,080 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,501 | €10,580 | +€32,080 |
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 12 October 2026 via checked.be.