MAMBO ART: 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.
MAMBO ART
Largest movements
- Cash +€36,260
up €36,260 (+39.6%), from €91,618 to €127,878
mainly Net result for the year (+€37,180) and Depreciation (+€14,090)
- Tangible fixed assets -€8,207
down €8,207 (-20.7%), from €39,716 to €31,510
of which Furniture and vehicles: -€6,100
- Receivables within one year +€6,511
up €6,511 (+47.3%), from €13,778 to €20,289
of which Other amounts receivable: +€7,177
- Reserves +€37,180
up €37,180 (+27.7%), from €134,171 to €171,351
- Tax, wage and social debts -€6,259
down €6,259 (-56.6%), from €11,060 to €4,801
of which Remuneration and social security: -€5,961
- Gross operating margin +€3,491
up €3,491 (+5.6%), from €62,183 to €65,674
- Financial charges -€2,096
down €2,096 (-92.2%), from €2,274 to €178
- Taxes +€1,365
up €1,365 (+10.0%), from €13,713 to €15,078
- Depreciation +€798
up €798 (+6.0%), from €13,292 to €14,090
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 | €165,416 | €198,617 | +€33,200 | +20.1% |
| Fixed assets | 21/28 | €39,716 | €31,510 | -€8,207 | -20.7% |
| Tangible fixed assets | 22/27 | €39,716 | €31,510 | -€8,207 | -20.7% |
| Furniture and vehicles | 24 | €25,340 | €19,240 | -€6,100 | -24.1% |
| Other tangible fixed assets | 26 | €14,376 | €12,270 | -€2,106 | -14.7% |
| Current assets | 29/58 | €125,700 | €167,107 | +€41,407 | +32.9% |
| Stocks and contracts in progress | 3 | €2,940 | €2,940 | = | 0.0% |
| Stocks | 30/36 | €2,940 | €2,940 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,778 | €20,289 | +€6,511 | +47.3% |
| Trade receivables | 40 | €13,532 | €12,867 | -€665 | -4.9% |
| Other amounts receivable | 41 | €246 | €7,423 | +€7,177 | +2915.9% |
| Current investments | 50/53 | €15,342 | €15,342 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,618 | €127,878 | +€36,260 | +39.6% |
| Deferred charges and accrued income | 490/1 | €2,022 | €658 | -€1,364 | -67.5% |
| Total equity and liabilities | 10/49 | €165,416 | €198,617 | +€33,200 | +20.1% |
| Equity | 10/15 | €148,171 | €185,351 | +€37,180 | +25.1% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €134,171 | €171,351 | +€37,180 | +27.7% |
| Distributable reserves | 133 | €134,171 | €171,351 | +€37,180 | +27.7% |
| Amounts payable | 17/49 | €17,245 | €13,265 | -€3,980 | -23.1% |
| Amounts payable within one year | 42/48 | €17,245 | €13,265 | -€3,980 | -23.1% |
| Trade debts | 44 | €1,219 | €2,503 | +€1,283 | +105.3% |
| Suppliers | 440/4 | €1,219 | €2,503 | +€1,283 | +105.3% |
| Taxes, remuneration and social security | 45 | €11,060 | €4,801 | -€6,259 | -56.6% |
| Taxes | 450/3 | €5,100 | €4,801 | -€298 | -5.8% |
| Remuneration and social security | 454/9 | €5,961 | €0 | -€5,961 | -100.0% |
| Other amounts payable | 47/48 | €4,965 | €5,961 | +€996 | +20.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,292 | €14,090 | +€798 | +6.0% |
| Other operating charges | 640/8 | €591 | €544 | -€47 | -8.0% |
| Gross operating margin | 9900 | €62,183 | €65,674 | +€3,491 | +5.6% |
| Operating profit (loss) | 9901 | €48,300 | €51,040 | +€2,740 | +5.7% |
| Financial income | 75/76B | €1,143 | €1,396 | +€253 | +22.2% |
| Recurring financial income | 75 | €1,143 | €1,396 | +€253 | +22.2% |
| Financial charges | 65/66B | €2,274 | €178 | -€2,096 | -92.2% |
| Recurring financial charges | 65 | €2,274 | €178 | -€2,096 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €47,169 | €52,258 | +€5,089 | +10.8% |
| Income taxes | 67/77 | €13,713 | €15,078 | +€1,365 | +10.0% |
| Profit (loss) for the period | 9904 | €33,456 | €37,180 | +€3,724 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,456 | €37,180 | +€3,724 | +11.1% |
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 9 October 2026 via checked.be.