MAMSYMO: 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.
What changed
MAMSYMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,721
2024 · -€11,533+€23,254
Equity
€130,234
2024 · €125,282+€4,952
Cash
€3,450
2024 · €3,962-€512
Balance sheet total
€376,922
2024 · €390,026-€13,104
Largest movements
Assets
- Tangible fixed assets -€11,510
down €11,510 (-3.0%), from €382,291 to €370,781
Equity and liabilities
- Profit (loss) carried forward +€11,721
up €11,721 (+11.8%), from -€99,248 to -€87,528
- Other debts -€9,788
down €9,788 (-8.9%), from €110,445 to €100,657
- Reserves -€6,769
down €6,769 (-3.9%), from €174,530 to €167,761
of which Tax-exempt reserves: -€6,769
- Debts after one year -€6,284
down €6,284 (-7.0%), from €89,408 to €83,124
Income statement
- Gross operating margin +€3,267
up €3,267 (+19.0%), from €17,195 to €20,461
- Financial charges -€356
down €356 (-9.9%), from €3,583 to €3,227
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.
Result 2024
-€11,533
Gross operating margin
+€3,267
Depreciation
+€94
Other operating charges
-€82
Financial income
-€14
Financial charges
+€356
Taxes
-€50
Deferred taxes and other
+€19,682
Result 2025
€11,721
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€12,338
Investment
€0
Financing
-€12,850
Cash 2024
€3,962
From operations (derived)
+€12,338
Net result for the year
+€11,721
Depreciation
+€11,510
Receivables within one year
+€1,116
Deferred charges and accrued income
-€33
Provisions
-€2,256
Tax, wage and social debts
+€39
Other debts
-€9,788
Accrued charges and deferred income
+€31
Financing
-€12,850
Debts after one year
-€6,284
Current portion of long-term debt
+€203
Contributions, distributions and other
-€6,769
Cash 2025
€3,450
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,026 | €376,922 | -€13,104 | -3.4% |
| Fixed assets | 21/28 | €382,291 | €370,781 | -€11,510 | -3.0% |
| Tangible fixed assets | 22/27 | €382,291 | €370,781 | -€11,510 | -3.0% |
| Land and buildings | 22 | €382,291 | €370,781 | -€11,510 | -3.0% |
| Current assets | 29/58 | €7,735 | €6,141 | -€1,594 | -20.6% |
| Amounts receivable within one year | 40/41 | €2,275 | €1,159 | -€1,116 | -49.1% |
| Trade receivables | 40 | - | €1,159 | +€1,159 | |
| Other amounts receivable | 41 | €2,275 | - | -€2,275 | |
| Cash at bank and in hand | 54/58 | €3,962 | €3,450 | -€512 | -12.9% |
| Deferred charges and accrued income | 490/1 | €1,498 | €1,531 | +€33 | +2.2% |
| Total equity and liabilities | 10/49 | €390,026 | €376,922 | -€13,104 | -3.4% |
| Equity | 10/15 | €125,282 | €130,234 | +€4,952 | +4.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €174,530 | €167,761 | -€6,769 | -3.9% |
| Tax-exempt reserves | 132 | €172,599 | €165,830 | -€6,769 | -3.9% |
| Distributable reserves | 133 | €1,931 | €1,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,248 | -€87,528 | +€11,721 | +11.8% |
| Provisions and deferred taxes | 16 | €57,533 | €55,277 | -€2,256 | -3.9% |
| Deferred taxes | 168 | €57,533 | €55,277 | -€2,256 | -3.9% |
| Amounts payable | 17/49 | €207,211 | €191,412 | -€15,800 | -7.6% |
| Amounts payable after more than one year | 17 | €89,408 | €83,124 | -€6,284 | -7.0% |
| Financial debts | 170/4 | €89,408 | €83,124 | -€6,284 | -7.0% |
| Amounts payable within one year | 42/48 | €116,846 | €107,300 | -€9,546 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €6,081 | €6,284 | +€203 | +3.3% |
| Taxes, remuneration and social security | 45 | €319 | €358 | +€39 | +12.3% |
| Taxes | 450/3 | €319 | €358 | +€39 | +12.3% |
| Other amounts payable | 47/48 | €110,445 | €100,657 | -€9,788 | -8.9% |
| Accrued charges and deferred income | 492/3 | €957 | €988 | +€31 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,604 | €11,510 | -€94 | -0.8% |
| Other operating charges | 640/8 | €2,561 | €2,642 | +€82 | +3.2% |
| Gross operating margin | 9900 | €17,195 | €20,461 | +€3,267 | +19.0% |
| Operating profit (loss) | 9901 | €3,031 | €6,309 | +€3,279 | +108% |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €3,583 | €3,227 | -€356 | -9.9% |
| Recurring financial charges | 65 | €3,583 | €3,227 | -€356 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€538 | €3,083 | +€3,621 | |
| Transfer from deferred taxes | 780 | €2,256 | €9,025 | +€6,769 | +300% |
| Transfer to deferred taxes | 680 | €12,914 | - | -€12,914 | |
| Income taxes | 67/77 | €337 | €387 | +€50 | +14.8% |
| Profit (loss) for the period | 9904 | -€11,533 | €11,721 | +€23,254 | |
| Transfer from tax-exempt reserves | 789 | €19,682 | - | -€19,682 | |
| Transfer to tax-exempt reserves | 689 | €3,274 | - | -€3,274 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,875 | €11,721 | +€6,845 | +140% |
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 16 October 2026 via checked.be.