MAMO & CO: 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.
MAMO & CO
Largest movements
- Intangible fixed assets +€21,200
up €21,200 (+58.9%), from €36,000 to €57,200
- Receivables within one year +€18,649
up €18,649 (+49.8%), from €37,481 to €56,129
of which Trade receivables: +€16,191
- Stocks and contracts -€9,250
down €9,250 (-55.6%), from €16,640 to €7,390
- Cash -€3,195
down €3,195 (-10.7%), from €29,832 to €26,638
mainly Investment in fixed assets (net) (-€28,000) and Receivables within one year (-€18,649)
- Profit (loss) carried forward +€35,525
up €35,525 (+81.5%), from €43,613 to €79,137
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts +€6,188
up €6,188 (+72.6%), from €8,527 to €14,715
of which Taxes: +€8,259
- Gross operating margin -€14,802
down €14,802 (-18.8%), from €78,681 to €63,879
- Taxes +€9,751
new in 2025: €9,751
- Staff costs -€6,548
down €6,548 (-44.0%), from €14,873 to €8,325
- Other operating charges +€3,440
new in 2025: €3,440
- Depreciation +€2,800
up €2,800 (+70.0%), from €4,000 to €6,800
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 | €119,953 | €147,357 | +€27,404 | +22.8% |
| Fixed assets | 21/28 | €36,000 | €57,200 | +€21,200 | +58.9% |
| Intangible fixed assets | 21 | €36,000 | €57,200 | +€21,200 | +58.9% |
| Current assets | 29/58 | €83,953 | €90,157 | +€6,204 | +7.4% |
| Stocks and contracts in progress | 3 | €16,640 | €7,390 | -€9,250 | -55.6% |
| Stocks | 30/36 | €16,640 | €7,390 | -€9,250 | -55.6% |
| Amounts receivable within one year | 40/41 | €37,481 | €56,129 | +€18,649 | +49.8% |
| Trade receivables | 40 | €37,481 | €53,672 | +€16,191 | +43.2% |
| Other amounts receivable | 41 | - | €2,458 | +€2,458 | |
| Cash at bank and in hand | 54/58 | €29,832 | €26,638 | -€3,195 | -10.7% |
| Total equity and liabilities | 10/49 | €119,953 | €147,357 | +€27,404 | +22.8% |
| Equity | 10/15 | €43,613 | €79,137 | +€35,525 | +81.5% |
| Profit (loss) carried forward | 14 | €43,613 | €79,137 | +€35,525 | +81.5% |
| Amounts payable | 17/49 | €76,340 | €68,220 | -€8,121 | -10.6% |
| Amounts payable within one year | 42/48 | €76,340 | €68,220 | -€8,121 | -10.6% |
| Trade debts | 44 | €52,813 | €53,504 | +€691 | +1.3% |
| Suppliers | 440/4 | €52,813 | €53,504 | +€691 | +1.3% |
| Taxes, remuneration and social security | 45 | €8,527 | €14,715 | +€6,188 | +72.6% |
| Taxes | 450/3 | €3,315 | €11,575 | +€8,259 | +249% |
| Remuneration and social security | 454/9 | €5,212 | €3,141 | -€2,071 | -39.7% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | €14,873 | €8,325 | -€6,548 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €6,800 | +€2,800 | +70.0% |
| Other operating charges | 640/8 | - | €3,440 | +€3,440 | |
| Gross operating margin | 9900 | €78,681 | €63,879 | -€14,802 | -18.8% |
| Operating profit (loss) | 9901 | €59,808 | €45,314 | -€14,494 | -24.2% |
| Financial charges | 65/66B | €131 | €38 | -€93 | -70.8% |
| Recurring financial charges | 65 | €131 | €38 | -€93 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €59,677 | €45,275 | -€14,401 | -24.1% |
| Income taxes | 67/77 | - | €9,751 | +€9,751 | |
| Profit (loss) for the period | 9904 | €59,677 | €35,525 | -€24,152 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,677 | €35,525 | -€24,152 | -40.5% |
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.