MEMA TRANS: 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.
MEMA TRANS
Largest movements
- Cash +€98,003
up €98,003 (+258%), from €38,055 to €136,058
mainly Depreciation (+€87,783) and Receivables after one year (+€75,852)
- Tangible fixed assets -€83,972
down €83,972 (-18.0%), from €466,575 to €382,603
of which Furniture and vehicles: -€54,979
- Receivables after one year -€75,852
no longer reported in 2025 (was €75,852)
- Reserves -€94,223
down €94,223 (-39.1%), from €241,232 to €147,008
of which Distributable reserves: -€94,223
- Debts after one year -€56,404
down €56,404 (-19.1%), from €295,304 to €238,900
- Other debts +€36,249
new in 2025: €36,249
- Tax, wage and social debts +€32,555
up €32,555 (+421%), from €7,742 to €40,296
of which Taxes: +€29,949
- Profit (loss) carried forward +€19,373
no longer reported in 2025 (was -€19,373)
- Gross operating margin +€93,678
up €93,678 (+53.3%), from €175,899 to €269,577
- Depreciation -€17,865
down €17,865 (-16.9%), from €105,648 to €87,783
- Taxes +€14,084
up €14,084 (+61.7%), from €22,813 to €36,897
- Other operating charges +€5,385
new in 2025: €5,385
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 | €670,711 | €607,450 | -€63,261 | -9.4% |
| Fixed assets | 21/28 | €467,836 | €383,864 | -€83,972 | -17.9% |
| Tangible fixed assets | 22/27 | €466,575 | €382,603 | -€83,972 | -18.0% |
| Land and buildings | 22 | €276,309 | €261,749 | -€14,560 | -5.3% |
| Furniture and vehicles | 24 | €98,636 | €43,657 | -€54,979 | -55.7% |
| Leasing and similar rights | 25 | €91,630 | €77,196 | -€14,434 | -15.8% |
| Financial fixed assets | 28 | €1,261 | €1,261 | = | 0.0% |
| Current assets | 29/58 | €202,875 | €223,586 | +€20,712 | +10.2% |
| Amounts receivable after more than one year | 29 | €75,852 | - | -€75,852 | |
| Other amounts receivable | 291 | €75,852 | - | -€75,852 | |
| Stocks and contracts in progress | 3 | €18,008 | €14,728 | -€3,281 | -18.2% |
| Stocks | 30/36 | €16,508 | €14,728 | -€1,781 | -10.8% |
| Contracts in progress | 37 | €1,500 | - | -€1,500 | |
| Amounts receivable within one year | 40/41 | €68,159 | €71,448 | +€3,289 | +4.8% |
| Trade receivables | 40 | €45,877 | €71,448 | +€25,571 | +55.7% |
| Other amounts receivable | 41 | €22,282 | - | -€22,282 | |
| Cash at bank and in hand | 54/58 | €38,055 | €136,058 | +€98,003 | +258% |
| Deferred charges and accrued income | 490/1 | €2,800 | €1,353 | -€1,447 | -51.7% |
| Total equity and liabilities | 10/49 | €670,711 | €607,450 | -€63,261 | -9.4% |
| Equity | 10/15 | €240,459 | €165,608 | -€74,851 | -31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,232 | €147,008 | -€94,223 | -39.1% |
| Tax-exempt reserves | 132 | €73,710 | €73,710 | = | 0.0% |
| Distributable reserves | 133 | €167,522 | €73,298 | -€94,223 | -56.2% |
| Profit (loss) carried forward | 14 | -€19,373 | - | +€19,373 | |
| Amounts payable | 17/49 | €430,252 | €441,842 | +€11,590 | +2.7% |
| Amounts payable after more than one year | 17 | €295,304 | €238,900 | -€56,404 | -19.1% |
| Financial debts | 170/4 | €295,304 | €238,900 | -€56,404 | -19.1% |
| Amounts payable within one year | 42/48 | €134,848 | €202,688 | +€67,840 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €81,214 | €78,055 | -€3,159 | -3.9% |
| Financial debts | 43 | €2,617 | - | -€2,617 | |
| Credit institutions | 430/8 | €2,617 | - | -€2,617 | |
| Trade debts | 44 | €43,276 | €48,087 | +€4,812 | +11.1% |
| Suppliers | 440/4 | €43,276 | €48,087 | +€4,812 | +11.1% |
| Taxes, remuneration and social security | 45 | €7,742 | €40,296 | +€32,555 | +421% |
| Taxes | 450/3 | €1,554 | €31,503 | +€29,949 | +1,927% |
| Remuneration and social security | 454/9 | €6,188 | €8,793 | +€2,606 | +42.1% |
| Other amounts payable | 47/48 | - | €36,249 | +€36,249 | |
| Accrued charges and deferred income | 492/3 | €100 | €254 | +€154 | +154% |
| Non-recurring operating income | 76A | - | €80,719 | +€80,719 | |
| Remuneration, social security and pensions | 62 | €60,618 | €60,445 | -€173 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,648 | €87,783 | -€17,865 | -16.9% |
| Other operating charges | 640/8 | - | €5,385 | +€5,385 | |
| Non-recurring operating charges | 66A | - | €2,352 | +€2,352 | |
| Gross operating margin | 9900 | €175,899 | €269,577 | +€93,678 | +53.3% |
| Operating profit (loss) | 9901 | €9,633 | €113,611 | +€103,978 | +1,079% |
| Financial income | 75/76B | €7,494 | €7,752 | +€257 | +3.4% |
| Recurring financial income | 75 | €7,494 | €7,752 | +€257 | +3.4% |
| Financial charges | 65/66B | €13,703 | €11,706 | -€1,997 | -14.6% |
| Recurring financial charges | 65 | €13,703 | €11,706 | -€1,997 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €3,425 | €109,657 | +€106,232 | +3,101% |
| Income taxes | 67/77 | €22,813 | €36,897 | +€14,084 | +61.7% |
| Profit (loss) for the period | 9904 | -€19,388 | €72,760 | +€92,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,388 | €72,760 | +€92,148 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.