MAMATOJA: what changed
Two fiscal 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.
MAMATOJA
Largest movements
- Tangible fixed assets -€41,821
down €41,821 (-4.5%), from €938,536 to €896,715
- Debts after one year -€13,331
down €13,331 (-1.9%), from €712,756 to €699,425
- Current portion of long-term debt -€13,036
down €13,036 (-31.1%), from €41,957 to €28,921
- Gross operating margin +€4,946
up €4,946 (+14.5%), from €34,099 to €39,046
- Other operating charges -€828
down €828 (-9.4%), from €8,822 to €7,994
- Financial charges +€714
up €714 (+26.0%), from €2,747 to €3,461
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 | €943,771 | €903,674 | -€40,097 | -4.2% |
| Fixed assets | 21/28 | €938,536 | €896,715 | -€41,821 | -4.5% |
| Tangible fixed assets | 22/27 | €938,536 | €896,715 | -€41,821 | -4.5% |
| Land and buildings | 22 | €938,536 | €896,715 | -€41,821 | -4.5% |
| Current assets | 29/58 | €5,235 | €6,959 | +€1,723 | +32.9% |
| Current investments | 50/53 | €259 | €236 | -€22 | -8.6% |
| Cash at bank and in hand | 54/58 | €4,976 | €6,722 | +€1,746 | +35.1% |
| Total equity and liabilities | 10/49 | €943,771 | €903,674 | -€40,097 | -4.2% |
| Equity | 10/15 | €119,187 | €107,814 | -€11,372 | -9.5% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €127,512 | €121,968 | -€5,544 | -4.3% |
| Tax-exempt reserves | 132 | €127,512 | €121,968 | -€5,544 | -4.3% |
| Profit (loss) carried forward | 14 | -€72,325 | -€78,153 | -€5,828 | -8.1% |
| Provisions and deferred taxes | 16 | €65,659 | €62,804 | -€2,855 | -4.3% |
| Deferred taxes | 168 | €65,659 | €62,804 | -€2,855 | -4.3% |
| Amounts payable | 17/49 | €758,926 | €733,056 | -€25,870 | -3.4% |
| Amounts payable after more than one year | 17 | €712,756 | €699,425 | -€13,331 | -1.9% |
| Financial debts | 170/4 | €712,756 | €699,425 | -€13,331 | -1.9% |
| Amounts payable within one year | 42/48 | €42,219 | €31,512 | -€10,707 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €41,957 | €28,921 | -€13,036 | -31.1% |
| Trade debts | 44 | €262 | €2,591 | +€2,329 | +888.0% |
| Suppliers | 440/4 | €262 | €2,591 | +€2,329 | +888.0% |
| Accrued charges and deferred income | 492/3 | €3,951 | €2,119 | -€1,832 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,821 | €41,821 | = | 0.0% |
| Other operating charges | 640/8 | €8,822 | €7,994 | -€828 | -9.4% |
| Gross operating margin | 9900 | €34,099 | €39,046 | +€4,946 | +14.5% |
| Operating profit (loss) | 9901 | -€16,544 | -€10,769 | +€5,775 | +34.9% |
| Financial income | 75/76B | €3 | €2 | -€1 | -21.8% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -21.8% |
| Financial charges | 65/66B | €2,747 | €3,461 | +€714 | +26.0% |
| Recurring financial charges | 65 | €2,747 | €3,461 | +€714 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,287 | -€14,227 | +€5,060 | +26.2% |
| Transfer from deferred taxes | 780 | €2,855 | €2,855 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€16,433 | -€11,372 | +€5,060 | +30.8% |
| Transfer from tax-exempt reserves | 789 | €5,544 | €5,544 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,889 | -€5,828 | +€5,060 | +46.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.