Memento Audere Semper: what changed
Memento Audere Semper
Largest movements
- Receivables within one year +€93,060
up €93,060 (+62.9%), from €147,895 to €240,955
of which Trade receivables: +€103,691
- Cash +€58,530
up €58,530 (+225%), from €26,005 to €84,534
mainly Net result for the year (+€89,405) and Tax, wage and social debts (+€39,927)
- Tangible fixed assets +€3,875
up €3,875 (+43.0%), from €9,000 to €12,875
- Profit (loss) carried forward +€89,405
up €89,405 (+242%), from €36,954 to €126,359
- Tax, wage and social debts +€39,927
up €39,927 (+73.9%), from €54,065 to €93,993
of which Remuneration and social security: +€26,765
- Other debts +€36,162
new in 2025: €36,162
- Accrued charges and deferred income -€16,565
no longer reported in 2025 (was €16,565)
- Trade debts +€6,815
up €6,815 (+9.3%), from €73,270 to €80,085
- Gross operating margin +€167,145
up €167,145 (+196%), from €85,134 to €252,279
- Taxes +€20,619
new in 2025: €20,619
- Financial income +€3,137
new in 2025: €3,137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,353 | €339,099 | +€155,745 | +84.9% |
| Fixed assets | 21/28 | €9,205 | €13,610 | +€4,405 | +47.8% |
| Tangible fixed assets | 22/27 | €9,000 | €12,875 | +€3,875 | +43.0% |
| Plant, machinery and equipment | 23 | €9,000 | €12,875 | +€3,875 | +43.0% |
| Financial fixed assets | 28 | €205 | €735 | +€530 | +259% |
| Current assets | 29/58 | €174,148 | €325,489 | +€151,341 | +86.9% |
| Amounts receivable within one year | 40/41 | €147,895 | €240,955 | +€93,060 | +62.9% |
| Trade receivables | 40 | €116,664 | €220,355 | +€103,691 | +88.9% |
| Other amounts receivable | 41 | €31,231 | €20,599 | -€10,631 | -34.0% |
| Cash at bank and in hand | 54/58 | €26,005 | €84,534 | +€58,530 | +225% |
| Deferred charges and accrued income | 490/1 | €249 | - | -€249 | |
| Total equity and liabilities | 10/49 | €183,353 | €339,099 | +€155,745 | +84.9% |
| Equity | 10/15 | €39,454 | €128,859 | +€89,405 | +227% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,954 | €126,359 | +€89,405 | +242% |
| Amounts payable | 17/49 | €143,900 | €210,240 | +€66,340 | +46.1% |
| Amounts payable within one year | 42/48 | €127,335 | €210,240 | +€82,905 | +65.1% |
| Trade debts | 44 | €73,270 | €80,085 | +€6,815 | +9.3% |
| Suppliers | 440/4 | €73,270 | €80,085 | +€6,815 | +9.3% |
| Taxes, remuneration and social security | 45 | €54,065 | €93,993 | +€39,927 | +73.9% |
| Taxes | 450/3 | €6,206 | €19,368 | +€13,162 | +212% |
| Remuneration and social security | 454/9 | €47,859 | €74,624 | +€26,765 | +55.9% |
| Other amounts payable | 47/48 | - | €36,162 | +€36,162 | |
| Accrued charges and deferred income | 492/3 | €16,565 | - | -€16,565 | |
| Remuneration, social security and pensions | 62 | €145,728 | €143,253 | -€2,475 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €1,927 | +€1,177 | +157% |
| Other operating charges | 640/8 | €95 | €98 | +€3 | +3.3% |
| Gross operating margin | 9900 | €85,134 | €252,279 | +€167,145 | +196% |
| Operating profit (loss) | 9901 | -€61,439 | €107,001 | +€168,440 | |
| Financial income | 75/76B | - | €3,137 | +€3,137 | |
| Recurring financial income | 75 | - | €3,137 | +€3,137 | |
| Financial charges | 65/66B | €168 | €114 | -€55 | -32.6% |
| Recurring financial charges | 65 | €168 | €114 | -€55 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€61,608 | €110,025 | +€171,633 | |
| Income taxes | 67/77 | - | €20,619 | +€20,619 | |
| Profit (loss) for the period | 9904 | -€61,608 | €89,405 | +€151,013 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,608 | €89,405 | +€151,013 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.