MEMLINC: what changed
Two fiscal 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.
MEMLINC
Largest movements
- Tangible fixed assets +€839,893
up €839,893 (+146.8%), from €571,950 to €1.4m
of which Land and buildings: +€863,205
- Receivables within one year -€71,538
down €71,538 (-71.3%), from €100,364 to €28,827
of which Trade receivables: -€95,321
- Cash +€37,713
up €37,713 (+196.5%), from €19,196 to €56,908
mainly Debts after one year (+€975,000) and Trade debts (+€87,926)
- Debts after one year +€975,000
up €975,000, from €0 to €975,000
of which Other amounts payable: +€975,000
- Tax, wage and social debts -€163,114
down €163,114 (-100.0%), from €163,114 to €0
of which Remuneration and social security: -€134,596
- Trade debts +€87,926
up €87,926 (+168.5%), from €52,191 to €140,117
- Reserves -€82,133
down €82,133 (-20.5%), from €400,064 to €317,931
of which Distributable reserves: -€82,133
- Profit (loss) carried forward -€16,966
down €16,966 (-100.0%), from €16,966 to €0
- Gross operating margin -€897,864
down €897,864, from €853,056 to -€44,808
- Staff costs -€856,346
down €856,346, from €853,065 to -€3,281
- Other operating charges -€41,512
down €41,512 (-74.4%), from €55,820 to €14,308
- Financial income -€17,540
down €17,540 (-99.1%), from €17,691 to €151
- Depreciation -€12,873
down €12,873 (-32.3%), from €39,876 to €27,003
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €694,335 | €1,505,836 | +€811,500 | +116.9% |
| Fixed assets | 21/28 | €571,950 | €1,411,844 | +€839,893 | +146.8% |
| Tangible fixed assets | 22/27 | €571,950 | €1,411,844 | +€839,893 | +146.8% |
| Land and buildings | 22 | €548,639 | €1,411,844 | +€863,205 | +157.3% |
| Plant, machinery and equipment | 23 | €19,718 | €0 | -€19,718 | -100.0% |
| Furniture and vehicles | 24 | €3,594 | €0 | -€3,594 | -100.0% |
| Current assets | 29/58 | €122,385 | €93,992 | -€28,393 | -23.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €100,364 | €28,827 | -€71,538 | -71.3% |
| Trade receivables | 40 | €100,041 | €4,720 | -€95,321 | -95.3% |
| Other amounts receivable | 41 | €324 | €24,107 | +€23,783 | +7343.7% |
| Cash at bank and in hand | 54/58 | €19,196 | €56,908 | +€37,713 | +196.5% |
| Deferred charges and accrued income | 490/1 | €2,825 | €8,257 | +€5,432 | +192.3% |
| Total equity and liabilities | 10/49 | €694,335 | €1,505,836 | +€811,500 | +116.9% |
| Equity | 10/15 | €479,029 | €379,931 | -€99,099 | -20.7% |
| 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 | €400,064 | €317,931 | -€82,133 | -20.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,675 | €36,675 | = | 0.0% |
| Distributable reserves | 133 | €357,188 | €275,055 | -€82,133 | -23.0% |
| Profit (loss) carried forward | 14 | €16,966 | €0 | -€16,966 | -100.0% |
| Amounts payable | 17/49 | €215,306 | €1,125,905 | +€910,599 | +422.9% |
| Amounts payable after more than one year | 17 | €0 | €975,000 | +€975,000 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €975,000 | +€975,000 | |
| Amounts payable within one year | 42/48 | €215,306 | €140,117 | -€75,189 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €52,191 | €140,117 | +€87,926 | +168.5% |
| Suppliers | 440/4 | €52,191 | €140,117 | +€87,926 | +168.5% |
| Taxes, remuneration and social security | 45 | €163,114 | €0 | -€163,114 | -100.0% |
| Taxes | 450/3 | €28,519 | €0 | -€28,519 | -100.0% |
| Remuneration and social security | 454/9 | €134,596 | €0 | -€134,596 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €10,788 | +€10,788 | |
| Non-recurring operating income | 76A | - | €1,689 | +€1,689 | |
| Remuneration, social security and pensions | 62 | €853,065 | -€3,281 | -€856,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,876 | €27,003 | -€12,873 | -32.3% |
| Other operating charges | 640/8 | €55,820 | €14,308 | -€41,512 | -74.4% |
| Gross operating margin | 9900 | €853,056 | -€44,808 | -€897,864 | |
| Operating profit (loss) | 9901 | -€95,705 | -€82,838 | +€12,867 | +13.4% |
| Financial income | 75/76B | €17,691 | €151 | -€17,540 | -99.1% |
| Recurring financial income | 75 | €17,691 | €151 | -€17,540 | -99.1% |
| Financial charges | 65/66B | €22,228 | €16,058 | -€6,170 | -27.8% |
| Recurring financial charges | 65 | €22,228 | €16,058 | -€6,170 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€100,241 | -€98,745 | +€1,497 | +1.5% |
| Income taxes | 67/77 | - | €354 | +€354 | |
| Profit (loss) for the period | 9904 | -€100,241 | -€99,099 | +€1,143 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,241 | -€99,099 | +€1,143 | +1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.