MEMI: 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.
MEMI
Largest movements
- Tangible fixed assets -€20,117
down €20,117 (-5.8%), from €346,209 to €326,092
of which Land and buildings: -€19,800
- Receivables within one year +€11,714
up €11,714 (+169.5%), from €6,910 to €18,624
of which Trade receivables: +€10,058
- Cash -€8,935
down €8,935 (-69.2%), from €12,919 to €3,984
mainly Net result for the year (-€22,135) and Receivables within one year (-€11,714)
- Profit (loss) carried forward -€22,135
down €22,135 (-31.8%), from €69,658 to €47,523
- Trade debts +€8,935
up €8,935 (+227.9%), from €3,921 to €12,857
- Gross operating margin -€37,556
down €37,556 (-91.0%), from €41,274 to €3,718
- Taxes -€4,112
down €4,112 (-100.0%), from €4,112 to €0
- Depreciation +€662
up €662 (+3.0%), from €22,080 to €22,742
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.
Cash bridge derived
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 | €366,154 | €348,775 | -€17,378 | -4.7% |
| Fixed assets | 21/28 | €346,284 | €326,167 | -€20,117 | -5.8% |
| Tangible fixed assets | 22/27 | €346,209 | €326,092 | -€20,117 | -5.8% |
| Land and buildings | 22 | €324,808 | €305,008 | -€19,800 | -6.1% |
| Plant, machinery and equipment | 23 | €20,148 | €17,937 | -€2,211 | -11.0% |
| Furniture and vehicles | 24 | €1,253 | €3,147 | +€1,894 | +151.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €19,870 | €22,608 | +€2,738 | +13.8% |
| Amounts receivable within one year | 40/41 | €6,910 | €18,624 | +€11,714 | +169.5% |
| Trade receivables | 40 | €3,634 | €13,692 | +€10,058 | +276.8% |
| Other amounts receivable | 41 | €3,276 | €4,932 | +€1,656 | +50.5% |
| Cash at bank and in hand | 54/58 | €12,919 | €3,984 | -€8,935 | -69.2% |
| Deferred charges and accrued income | 490/1 | €40 | €0 | -€40 | -100.0% |
| Total equity and liabilities | 10/49 | €366,154 | €348,775 | -€17,378 | -4.7% |
| Equity | 10/15 | €154,358 | €132,223 | -€22,135 | -14.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €22,700 | €22,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,658 | €47,523 | -€22,135 | -31.8% |
| Amounts payable | 17/49 | €211,796 | €216,553 | +€4,757 | +2.2% |
| Amounts payable within one year | 42/48 | €211,796 | €216,553 | +€4,757 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,921 | €12,857 | +€8,935 | +227.9% |
| Suppliers | 440/4 | €3,921 | €12,857 | +€8,935 | +227.9% |
| Taxes, remuneration and social security | 45 | €2,823 | €1,612 | -€1,211 | -42.9% |
| Taxes | 450/3 | €2,823 | €1,612 | -€1,211 | -42.9% |
| Other amounts payable | 47/48 | €205,052 | €202,084 | -€2,968 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,080 | €22,742 | +€662 | +3.0% |
| Other operating charges | 640/8 | €2,797 | €2,679 | -€118 | -4.2% |
| Gross operating margin | 9900 | €41,274 | €3,718 | -€37,556 | -91.0% |
| Operating profit (loss) | 9901 | €16,397 | -€21,702 | -€38,099 | |
| Financial income | 75/76B | €47 | €0 | -€47 | -100.0% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100.0% |
| Financial charges | 65/66B | €621 | €433 | -€188 | -30.3% |
| Recurring financial charges | 65 | €621 | €433 | -€188 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €15,823 | -€22,135 | -€37,958 | |
| Income taxes | 67/77 | €4,112 | €0 | -€4,112 | -100.0% |
| Profit (loss) for the period | 9904 | €11,711 | -€22,135 | -€33,846 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,711 | -€22,135 | -€33,846 |
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 10 October 2026 via checked.be.