MEMMO: 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.
MEMMO
Largest movements
- Tangible fixed assets -€27,710
down €27,710 (-6.7%), from €412,190 to €384,480
of which Land and buildings: -€24,202
- Debts after one year -€25,462
down €25,462 (-7.9%), from €321,284 to €295,822
- Profit (loss) carried forward -€5,411
down €5,411 (-4.9%), from -€109,411 to -€114,822
- Gross operating margin +€4,446
up €4,446 (+14.9%), from €29,928 to €34,374
- Turnover +€2,685
up €2,685 (+7.3%), from €36,865 to €39,550
- Purchases and services -€1,761
down €1,761 (-25.4%), from €6,937 to €5,176
- Other operating charges -€680
down €680 (-23.2%), from €2,931 to €2,251
- Financial charges -€655
down €655 (-6.0%), from €10,854 to €10,199
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,192 | €384,482 | -€27,710 | -6.7% |
| Fixed assets | 21/28 | €412,190 | €384,480 | -€27,710 | -6.7% |
| Tangible fixed assets | 22/27 | €412,190 | €384,480 | -€27,710 | -6.7% |
| Land and buildings | 22 | €363,009 | €338,807 | -€24,202 | -6.7% |
| Plant, machinery and equipment | 23 | €49,181 | €45,673 | -€3,508 | -7.1% |
| Current assets | 29/58 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1 | €1 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €412,192 | €384,482 | -€27,710 | -6.7% |
| Equity | 10/15 | -€90,811 | -€96,222 | -€5,411 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,411 | -€114,822 | -€5,411 | -4.9% |
| Amounts payable | 17/49 | €503,003 | €480,704 | -€22,299 | -4.4% |
| Amounts payable after more than one year | 17 | €321,284 | €295,822 | -€25,462 | -7.9% |
| Financial debts | 170/4 | €321,284 | €295,822 | -€25,462 | -7.9% |
| Amounts payable within one year | 42/48 | €181,719 | €184,882 | +€3,163 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €24,735 | €25,462 | +€727 | +2.9% |
| Trade debts | 44 | €119 | €1,046 | +€927 | +779.0% |
| Suppliers | 440/4 | €119 | €1,046 | +€927 | +779.0% |
| Other amounts payable | 47/48 | €156,865 | €158,374 | +€1,509 | +1.0% |
| Turnover | 70 | €36,865 | €39,550 | +€2,685 | +7.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,937 | €5,176 | -€1,761 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,710 | €27,710 | = | 0.0% |
| Other operating charges | 640/8 | €2,931 | €2,251 | -€680 | -23.2% |
| Gross operating margin | 9900 | €29,928 | €34,374 | +€4,446 | +14.9% |
| Operating profit (loss) | 9901 | -€713 | €4,413 | +€5,126 | |
| Financial income | 75/76B | - | €375 | +€375 | |
| Recurring financial income | 75 | - | €375 | +€375 | |
| Financial charges | 65/66B | €10,854 | €10,199 | -€655 | -6.0% |
| Recurring financial charges | 65 | €10,854 | €10,199 | -€655 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,567 | -€5,411 | +€6,156 | +53.2% |
| Profit (loss) for the period | 9904 | -€11,567 | -€5,411 | +€6,156 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,567 | -€5,411 | +€6,156 | +53.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.