MAMMA LATTE: 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.
MAMMA LATTE
Largest movements
- Stocks and contracts +€28,571
up €28,571 (+31.3%), from €91,183 to €119,754
- Tangible fixed assets -€14,141
down €14,141 (-8.3%), from €170,853 to €156,712
of which Land and buildings: -€12,876
- Cash +€6,568
up €6,568 (+13.2%), from €49,934 to €56,502
mainly Net result for the year (+€35,060) and Trade debts (+€14,393)
- Reserves +€21,775
up €21,775 (+14.5%), from €149,746 to €171,521
of which Distributable reserves: +€21,775
- Debts after one year -€15,878
down €15,878 (-15.6%), from €101,738 to €85,861
- Trade debts +€14,393
up €14,393 (+259%), from €5,547 to €19,940
- Current portion of long-term debt -€6,773
down €6,773 (-29.9%), from €22,651 to €15,878
- Tax, wage and social debts +€4,163
up €4,163 (+19.7%), from €21,138 to €25,301
of which Taxes: +€2,736
- Gross operating margin +€43,872
up €43,872 (+57.5%), from €76,257 to €120,129
- Staff costs +€26,507
up €26,507 (+123%), from €21,614 to €48,121
- Taxes +€6,769
up €6,769 (+59.1%), from €11,462 to €18,232
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.
Derived cash bridge
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 | €320,723 | €340,151 | +€19,428 | +6.1% |
| Fixed assets | 21/28 | €170,853 | €156,712 | -€14,141 | -8.3% |
| Tangible fixed assets | 22/27 | €170,853 | €156,712 | -€14,141 | -8.3% |
| Land and buildings | 22 | €166,671 | €153,794 | -€12,876 | -7.7% |
| Plant, machinery and equipment | 23 | €2,685 | €2,236 | -€449 | -16.7% |
| Furniture and vehicles | 24 | €1,497 | €682 | -€815 | -54.5% |
| Current assets | 29/58 | €149,870 | €183,439 | +€33,569 | +22.4% |
| Stocks and contracts in progress | 3 | €91,183 | €119,754 | +€28,571 | +31.3% |
| Stocks | 30/36 | €91,183 | €119,754 | +€28,571 | +31.3% |
| Amounts receivable within one year | 40/41 | €6,538 | €7,063 | +€525 | +8.0% |
| Trade receivables | 40 | €0 | €7,063 | +€7,063 | |
| Other amounts receivable | 41 | €6,538 | €0 | -€6,538 | -100% |
| Cash at bank and in hand | 54/58 | €49,934 | €56,502 | +€6,568 | +13.2% |
| Deferred charges and accrued income | 490/1 | €2,216 | €120 | -€2,096 | -94.6% |
| Total equity and liabilities | 10/49 | €320,723 | €340,151 | +€19,428 | +6.1% |
| Equity | 10/15 | €168,296 | €190,071 | +€21,775 | +12.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €149,746 | €171,521 | +€21,775 | +14.5% |
| Tax-exempt reserves | 132 | €7,600 | €7,600 | = | 0.0% |
| Distributable reserves | 133 | €142,146 | €163,921 | +€21,775 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €152,427 | €150,079 | -€2,347 | -1.5% |
| Amounts payable after more than one year | 17 | €101,738 | €85,861 | -€15,878 | -15.6% |
| Financial debts | 170/4 | €101,738 | €85,861 | -€15,878 | -15.6% |
| Amounts payable within one year | 42/48 | €50,688 | €63,819 | +€13,131 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €22,651 | €15,878 | -€6,773 | -29.9% |
| Trade debts | 44 | €5,547 | €19,940 | +€14,393 | +259% |
| Suppliers | 440/4 | €5,547 | €19,940 | +€14,393 | +259% |
| Advances received on contracts in progress | 46 | €300 | €772 | +€472 | +157% |
| Taxes, remuneration and social security | 45 | €21,138 | €25,301 | +€4,163 | +19.7% |
| Taxes | 450/3 | €14,348 | €17,084 | +€2,736 | +19.1% |
| Remuneration and social security | 454/9 | €6,790 | €8,217 | +€1,427 | +21.0% |
| Other amounts payable | 47/48 | €1,052 | €1,929 | +€877 | +83.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €21,614 | €48,121 | +€26,507 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,938 | €14,141 | +€203 | +1.5% |
| Other operating charges | 640/8 | €2,944 | €3,032 | +€89 | +3.0% |
| Non-recurring operating charges | 66A | €1,299 | €0 | -€1,299 | -100% |
| Gross operating margin | 9900 | €76,257 | €120,129 | +€43,872 | +57.5% |
| Operating profit (loss) | 9901 | €36,462 | €54,835 | +€18,373 | +50.4% |
| Financial income | 75/76B | €1,717 | €1,449 | -€268 | -15.6% |
| Recurring financial income | 75 | €1,717 | €1,449 | -€268 | -15.6% |
| Financial charges | 65/66B | €3,713 | €2,993 | -€721 | -19.4% |
| Recurring financial charges | 65 | €3,713 | €2,993 | -€721 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €34,466 | €53,292 | +€18,825 | +54.6% |
| Income taxes | 67/77 | €11,462 | €18,232 | +€6,769 | +59.1% |
| Profit (loss) for the period | 9904 | €23,004 | €35,060 | +€12,056 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,004 | €35,060 | +€12,056 | +52.4% |
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 27 October 2026 via checked.be.