MAMECO: 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.
MAMECO
Largest movements
- Tangible fixed assets -€5,759
down €5,759 (-34.0%), from €16,940 to €11,180
- Receivables within one year +€1,092
up €1,092 (+17.9%), from €6,107 to €7,200
of which Other amounts receivable: +€3,922
- Deferred charges and accrued income -€729
down €729 (-39.5%), from €1,843 to €1,114
- Other debts -€12,737
no longer reported in 2025 (was €12,737)
- Debts after one year -€5,715
down €5,715 (-62.5%), from €9,146 to €3,431
- Reserves +€5,373
up €5,373 (+18.2%), from €29,525 to €34,899
- Tax, wage and social debts +€4,393
up €4,393 (+46.7%), from €9,398 to €13,791
- Trade debts +€2,220
up €2,220 (+814.8%), from €272 to €2,492
- Gross operating margin -€24,445
down €24,445 (-59.2%), from €41,283 to €16,838
- Taxes -€6,505
down €6,505 (-69.5%), from €9,356 to €2,851
- Other operating charges -€615
down €615 (-37.2%), from €1,654 to €1,039
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 | €67,591 | €61,728 | -€5,863 | -8.7% |
| Fixed assets | 21/28 | €16,940 | €11,180 | -€5,759 | -34.0% |
| Tangible fixed assets | 22/27 | €16,940 | €11,180 | -€5,759 | -34.0% |
| Furniture and vehicles | 24 | €16,940 | €11,180 | -€5,759 | -34.0% |
| Current assets | 29/58 | €50,652 | €50,548 | -€104 | -0.2% |
| Amounts receivable within one year | 40/41 | €6,107 | €7,200 | +€1,092 | +17.9% |
| Trade receivables | 40 | €4,322 | €1,493 | -€2,830 | -65.5% |
| Other amounts receivable | 41 | €1,785 | €5,707 | +€3,922 | +219.7% |
| Cash at bank and in hand | 54/58 | €42,701 | €42,234 | -€467 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,843 | €1,114 | -€729 | -39.5% |
| Total equity and liabilities | 10/49 | €67,591 | €61,728 | -€5,863 | -8.7% |
| Equity | 10/15 | €30,525 | €35,899 | +€5,373 | +17.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,525 | €34,899 | +€5,373 | +18.2% |
| Distributable reserves | 133 | €29,525 | €34,899 | +€5,373 | +18.2% |
| Amounts payable | 17/49 | €37,066 | €25,829 | -€11,236 | -30.3% |
| Amounts payable after more than one year | 17 | €9,146 | €3,431 | -€5,715 | -62.5% |
| Financial debts | 170/4 | €9,146 | €3,431 | -€5,715 | -62.5% |
| Amounts payable within one year | 42/48 | €27,920 | €21,999 | -€5,921 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €5,512 | €5,715 | +€203 | +3.7% |
| Trade debts | 44 | €272 | €2,492 | +€2,220 | +814.8% |
| Suppliers | 440/4 | €272 | €2,492 | +€2,220 | +814.8% |
| Taxes, remuneration and social security | 45 | €9,398 | €13,791 | +€4,393 | +46.7% |
| Taxes | 450/3 | €9,398 | €13,791 | +€4,393 | +46.7% |
| Other amounts payable | 47/48 | €12,737 | - | -€12,737 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,087 | €7,158 | +€71 | +1.0% |
| Other operating charges | 640/8 | €1,654 | €1,039 | -€615 | -37.2% |
| Gross operating margin | 9900 | €41,283 | €16,838 | -€24,445 | -59.2% |
| Operating profit (loss) | 9901 | €32,542 | €8,641 | -€23,901 | -73.4% |
| Financial income | 75/76B | - | €155 | +€155 | |
| Recurring financial income | 75 | - | €155 | +€155 | |
| Financial charges | 65/66B | €753 | €571 | -€182 | -24.1% |
| Recurring financial charges | 65 | €753 | €571 | -€182 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €31,790 | €8,225 | -€23,565 | -74.1% |
| Income taxes | 67/77 | €9,356 | €2,851 | -€6,505 | -69.5% |
| Profit (loss) for the period | 9904 | €22,434 | €5,373 | -€17,060 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,434 | €5,373 | -€17,060 | -76.0% |
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 10 October 2026 via checked.be.