MAMMOT: 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.
MAMMOT
Largest movements
- Receivables within one year -€817,158
down €817,158 (-75.3%), from €1.1m to €267,658
of which Other amounts receivable: -€983,176
- Cash +€256,907
up €256,907 (+25.7%), from €998,092 to €1.3m
mainly Receivables within one year (+€817,158) and Net result for the year (+€751,376)
- Other debts -€1.2m
down €1.2m (-62.4%), from €1.9m to €708,783
- Reserves +€456,376
up €456,376 (+110%), from €413,835 to €870,210
- Tax, wage and social debts +€125,215
up €125,215 (+184%), from €68,114 to €193,329
- Financial income +€225,102
up €225,102 (+48.1%), from €467,898 to €693,000
- Gross operating margin +€71,024
up €71,024 (+97.6%), from €72,786 to €143,810
- Financial charges -€36,247
down €36,247 (-57.1%), from €63,510 to €27,263
- Taxes -€6,102
down €6,102 (-11.8%), from €51,931 to €45,829
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 | €4,745,087 | €4,174,433 | -€570,654 | -12.0% |
| Fixed assets | 21/28 | €2,660,969 | €2,650,515 | -€10,454 | -0.4% |
| Tangible fixed assets | 22/27 | €41,125 | €30,671 | -€10,454 | -25.4% |
| Furniture and vehicles | 24 | €41,125 | €30,671 | -€10,454 | -25.4% |
| Financial fixed assets | 28 | €2,619,844 | €2,619,844 | = | 0.0% |
| Current assets | 29/58 | €2,084,118 | €1,523,917 | -€560,200 | -26.9% |
| Amounts receivable within one year | 40/41 | €1,084,816 | €267,658 | -€817,158 | -75.3% |
| Trade receivables | 40 | €101,640 | €267,658 | +€166,018 | +163% |
| Other amounts receivable | 41 | €983,176 | €0 | -€983,176 | -100% |
| Cash at bank and in hand | 54/58 | €998,092 | €1,254,999 | +€256,907 | +25.7% |
| Deferred charges and accrued income | 490/1 | €1,210 | €1,260 | +€50 | +4.1% |
| Total equity and liabilities | 10/49 | €4,745,087 | €4,174,433 | -€570,654 | -12.0% |
| Equity | 10/15 | €2,222,721 | €2,679,097 | +€456,376 | +20.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €413,835 | €870,210 | +€456,376 | +110% |
| Distributable reserves | 133 | €413,835 | €870,210 | +€456,376 | +110% |
| Profit (loss) carried forward | 14 | €1,802,387 | €1,802,387 | = | 0.0% |
| Amounts payable | 17/49 | €2,522,366 | €1,495,336 | -€1.0m | -40.7% |
| Amounts payable after more than one year | 17 | €569,279 | €590,911 | +€21,633 | +3.8% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €569,279 | €590,911 | +€21,633 | +3.8% |
| Amounts payable within one year | 42/48 | €1,953,087 | €904,424 | -€1.0m | -53.7% |
| Trade debts | 44 | €2,389 | €2,312 | -€77 | -3.2% |
| Suppliers | 440/4 | €2,389 | €2,312 | -€77 | -3.2% |
| Taxes, remuneration and social security | 45 | €68,114 | €193,329 | +€125,215 | +184% |
| Taxes | 450/3 | €68,114 | €193,329 | +€125,215 | +184% |
| Other amounts payable | 47/48 | €1,882,584 | €708,783 | -€1.2m | -62.4% |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,886 | €10,953 | +€67 | +0.6% |
| Other operating charges | 640/8 | €2,383 | €1,390 | -€993 | -41.7% |
| Gross operating margin | 9900 | €72,786 | €143,810 | +€71,024 | +97.6% |
| Operating profit (loss) | 9901 | €59,517 | €131,467 | +€71,950 | +121% |
| Financial income | 75/76B | €467,898 | €693,000 | +€225,102 | +48.1% |
| Recurring financial income | 75 | €467,898 | €693,000 | +€225,102 | +48.1% |
| Financial charges | 65/66B | €63,510 | €27,263 | -€36,247 | -57.1% |
| Recurring financial charges | 65 | €63,510 | €27,263 | -€36,247 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €463,906 | €797,205 | +€333,299 | +71.8% |
| Income taxes | 67/77 | €51,931 | €45,829 | -€6,102 | -11.8% |
| Profit (loss) for the period | 9904 | €411,975 | €751,376 | +€339,401 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €411,975 | €751,376 | +€339,401 | +82.4% |
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 23 October 2026 via checked.be.