MAMOON: 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.
MAMOON
Largest movements
- Cash +€39,975
up €39,975 (+8.5%), from €468,427 to €508,402
mainly Net result for the year (+€19,682) and Receivables within one year (+€13,038)
- Receivables within one year -€13,038
down €13,038 (-14.8%), from €87,958 to €74,920
of which Trade receivables: -€41,462
- Reserves +€19,682
up €19,682 (+3.6%), from €542,044 to €561,727
- Gross operating margin -€51,660
down €51,660 (-38.9%), from €132,663 to €81,003
- Write-downs +€45,000
new in 2024: €45,000
- Taxes -€28,424
down €28,424 (-74.8%), from €37,982 to €9,557
- Depreciation +€1,475
up €1,475 (+123.2%), from €1,198 to €2,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €576,435 | €601,579 | +€25,144 | +4.4% |
| Fixed assets | 21/28 | €11,985 | €9,312 | -€2,673 | -22.3% |
| Tangible fixed assets | 22/27 | €11,985 | €9,312 | -€2,673 | -22.3% |
| Land and buildings | 22 | €639 | €513 | -€126 | -19.7% |
| Plant, machinery and equipment | 23 | €5,404 | €4,150 | -€1,254 | -23.2% |
| Furniture and vehicles | 24 | €5,942 | €4,649 | -€1,293 | -21.8% |
| Current assets | 29/58 | €564,450 | €592,267 | +€27,817 | +4.9% |
| Amounts receivable within one year | 40/41 | €87,958 | €74,920 | -€13,038 | -14.8% |
| Trade receivables | 40 | €75,940 | €34,478 | -€41,462 | -54.6% |
| Other amounts receivable | 41 | €12,018 | €40,443 | +€28,424 | +236.5% |
| Cash at bank and in hand | 54/58 | €468,427 | €508,402 | +€39,975 | +8.5% |
| Deferred charges and accrued income | 490/1 | €8,065 | €8,945 | +€880 | +10.9% |
| Total equity and liabilities | 10/49 | €576,435 | €601,579 | +€25,144 | +4.4% |
| Equity | 10/15 | €560,644 | €580,327 | +€19,682 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €542,044 | €561,727 | +€19,682 | +3.6% |
| Distributable reserves | 133 | €542,044 | €561,727 | +€19,682 | +3.6% |
| Amounts payable | 17/49 | €15,791 | €21,252 | +€5,462 | +34.6% |
| Amounts payable within one year | 42/48 | €15,791 | €20,063 | +€4,272 | +27.1% |
| Trade debts | 44 | €4,188 | €6,911 | +€2,723 | +65.0% |
| Suppliers | 440/4 | €4,188 | €6,911 | +€2,723 | +65.0% |
| Taxes, remuneration and social security | 45 | €4,282 | €5,927 | +€1,645 | +38.4% |
| Taxes | 450/3 | €1,382 | €5,927 | +€4,545 | +328.8% |
| Remuneration and social security | 454/9 | €2,900 | €0 | -€2,900 | -100.0% |
| Other amounts payable | 47/48 | €7,320 | €7,224 | -€96 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €1,189 | +€1,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,198 | €2,673 | +€1,475 | +123.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €45,000 | +€45,000 | |
| Other operating charges | 640/8 | €731 | €451 | -€280 | -38.3% |
| Gross operating margin | 9900 | €132,663 | €81,003 | -€51,660 | -38.9% |
| Operating profit (loss) | 9901 | €130,734 | €32,878 | -€97,856 | -74.9% |
| Financial income | 75/76B | €14 | €20 | +€6 | +46.5% |
| Recurring financial income | 75 | €14 | €20 | +€6 | +46.5% |
| Financial charges | 65/66B | €3,480 | €3,658 | +€179 | +5.1% |
| Recurring financial charges | 65 | €3,480 | €3,658 | +€179 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €127,268 | €29,240 | -€98,028 | -77.0% |
| Income taxes | 67/77 | €37,982 | €9,557 | -€28,424 | -74.8% |
| Profit (loss) for the period | 9904 | €89,286 | €19,682 | -€69,603 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,286 | €19,682 | -€69,603 | -78.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.