MAMIMO: 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.
MAMIMO
Largest movements
- Financial fixed assets +€150,000
up €150,000 (+15.0%), from €1.0m to €1.2m
- Cash -€82,444
down €82,444 (-76.1%), from €108,293 to €25,849
mainly Investment in fixed assets (net) (-€150,000) and Debts after one year (-€98,309)
- Tangible fixed assets -€41,659
down €41,659 (-14.5%), from €286,489 to €244,830
- Debts after one year -€98,309
down €98,309 (-12.7%), from €773,566 to €675,256
of which Financial debts: -€98,309
- Profit (loss) carried forward +€58,000
up €58,000 (+187.6%), from €30,912 to €88,912
- Other debts +€56,939
up €56,939 (+47.8%), from €119,231 to €176,169
- Gross operating margin +€8,854
up €8,854 (+7.4%), from €120,280 to €129,133
- Depreciation -€3,377
down €3,377 (-7.5%), from €45,036 to €41,659
- Taxes -€2,179
down €2,179 (-17.5%), from €12,424 to €10,245
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 | €1,416,346 | €1,435,921 | +€19,575 | +1.4% |
| Fixed assets | 21/28 | €1,286,489 | €1,394,830 | +€108,341 | +8.4% |
| Tangible fixed assets | 22/27 | €286,489 | €244,830 | -€41,659 | -14.5% |
| Land and buildings | 22 | €286,489 | €244,830 | -€41,659 | -14.5% |
| Financial fixed assets | 28 | €1,000,000 | €1,150,000 | +€150,000 | +15.0% |
| Current assets | 29/58 | €129,857 | €41,091 | -€88,766 | -68.4% |
| Amounts receivable within one year | 40/41 | €21,173 | €14,848 | -€6,325 | -29.9% |
| Trade receivables | 40 | €21,161 | €14,848 | -€6,313 | -29.8% |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €108,293 | €25,849 | -€82,444 | -76.1% |
| Deferred charges and accrued income | 490/1 | €391 | €393 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €1,416,346 | €1,435,921 | +€19,575 | +1.4% |
| Equity | 10/15 | €397,678 | €459,362 | +€61,685 | +15.5% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Capital | 10 | €347,051 | €347,051 | = | 0.0% |
| Issued capital | 100 | €347,051 | €347,051 | = | 0.0% |
| Reserves | 13 | €19,715 | €23,399 | +€3,684 | +18.7% |
| Non-distributable reserves | 130/1 | €19,715 | €23,399 | +€3,684 | +18.7% |
| Legal reserve | 130 | €19,715 | €23,399 | +€3,684 | +18.7% |
| Profit (loss) carried forward | 14 | €30,912 | €88,912 | +€58,000 | +187.6% |
| Amounts payable | 17/49 | €1,018,668 | €976,559 | -€42,109 | -4.1% |
| Amounts payable after more than one year | 17 | €773,566 | €675,256 | -€98,309 | -12.7% |
| Financial debts | 170/4 | €772,747 | €674,437 | -€98,309 | -12.7% |
| Other amounts payable | 178/9 | €819 | €819 | = | 0.0% |
| Amounts payable within one year | 42/48 | €230,637 | €281,757 | +€51,120 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €97,405 | €98,309 | +€905 | +0.9% |
| Trade debts | 44 | €578 | €5,318 | +€4,740 | +820.7% |
| Suppliers | 440/4 | €578 | €5,318 | +€4,740 | +820.7% |
| Taxes, remuneration and social security | 45 | €13,424 | €1,961 | -€11,463 | -85.4% |
| Taxes | 450/3 | €13,424 | €1,961 | -€11,463 | -85.4% |
| Other amounts payable | 47/48 | €119,231 | €176,169 | +€56,939 | +47.8% |
| Accrued charges and deferred income | 492/3 | €14,466 | €19,545 | +€5,080 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,036 | €41,659 | -€3,377 | -7.5% |
| Other operating charges | 640/8 | €14,850 | €15,280 | +€430 | +2.9% |
| Gross operating margin | 9900 | €120,280 | €129,133 | +€8,854 | +7.4% |
| Operating profit (loss) | 9901 | €60,394 | €72,195 | +€11,801 | +19.5% |
| Financial income | 75/76B | €25,117 | €25,000 | -€117 | -0.5% |
| Recurring financial income | 75 | €25,117 | €25,000 | -€117 | -0.5% |
| Financial charges | 65/66B | €13,007 | €13,265 | +€258 | +2.0% |
| Recurring financial charges | 65 | €13,007 | €13,265 | +€258 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €72,504 | €83,930 | +€11,426 | +15.8% |
| Income taxes | 67/77 | €12,424 | €10,245 | -€2,179 | -17.5% |
| Profit (loss) for the period | 9904 | €60,080 | €73,685 | +€13,604 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,080 | €73,685 | +€13,604 | +22.6% |
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.