MEMO 2000: 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.
MEMO 2000
Largest movements
- Receivables within one year -€6,520
down €6,520 (-93.3%), from €6,991 to €471
of which Trade receivables: -€6,089
- Stocks and contracts +€1,099
up €1,099 (+30.4%), from €3,611 to €4,711
- Tangible fixed assets -€937
down €937 (-7.2%), from €12,991 to €12,054
- Deferred charges and accrued income +€618
new in 2025: €618
- Trade debts -€5,056
down €5,056 (-56.8%), from €8,897 to €3,842
- Profit (loss) carried forward -€2,298
down €2,298 (-22.0%), from -€10,455 to -€12,753
- Tax, wage and social debts +€1,640
up €1,640 (+38.7%), from €4,236 to €5,875
of which Taxes: +€1,342
- Staff costs +€15,554
up €15,554 (+65.1%), from €23,909 to €39,463
- Gross operating margin +€12,494
up €12,494 (+40.2%), from €31,078 to €43,572
- Other operating charges -€1,252
down €1,252 (-30.4%), from €4,117 to €2,865
- Depreciation +€1,248
up €1,248 (+120.5%), from €1,036 to €2,284
- Financial charges -€713
down €713 (-36.1%), from €1,974 to €1,261
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 | €38,156 | €32,439 | -€5,717 | -15.0% |
| Fixed assets | 21/28 | €14,716 | €13,779 | -€937 | -6.4% |
| Tangible fixed assets | 22/27 | €12,991 | €12,054 | -€937 | -7.2% |
| Land and buildings | 22 | €1,131 | €901 | -€230 | -20.3% |
| Plant, machinery and equipment | 23 | €132 | - | -€132 | |
| Furniture and vehicles | 24 | €532 | €196 | -€336 | -63.1% |
| Other tangible fixed assets | 26 | €11,195 | €10,957 | -€239 | -2.1% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €23,440 | €18,659 | -€4,780 | -20.4% |
| Stocks and contracts in progress | 3 | €3,611 | €4,711 | +€1,099 | +30.4% |
| Stocks | 30/36 | €3,611 | €4,711 | +€1,099 | +30.4% |
| Amounts receivable within one year | 40/41 | €6,991 | €471 | -€6,520 | -93.3% |
| Trade receivables | 40 | €6,089 | - | -€6,089 | |
| Other amounts receivable | 41 | €902 | €471 | -€431 | -47.8% |
| Cash at bank and in hand | 54/58 | €12,837 | €12,860 | +€22 | +0.2% |
| Deferred charges and accrued income | 490/1 | - | €618 | +€618 | |
| Total equity and liabilities | 10/49 | €38,156 | €32,439 | -€5,717 | -15.0% |
| Equity | 10/15 | €10,005 | €7,707 | -€2,298 | -23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,455 | -€12,753 | -€2,298 | -22.0% |
| Amounts payable | 17/49 | €28,151 | €24,732 | -€3,419 | -12.1% |
| Amounts payable within one year | 42/48 | €28,151 | €24,732 | -€3,419 | -12.1% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €8,897 | €3,842 | -€5,056 | -56.8% |
| Suppliers | 440/4 | €8,897 | €3,842 | -€5,056 | -56.8% |
| Taxes, remuneration and social security | 45 | €4,236 | €5,875 | +€1,640 | +38.7% |
| Taxes | 450/3 | €2,218 | €3,559 | +€1,342 | +60.5% |
| Remuneration and social security | 454/9 | €2,018 | €2,316 | +€298 | +14.8% |
| Other amounts payable | 47/48 | €15,015 | €15,015 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €23,909 | €39,463 | +€15,554 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,036 | €2,284 | +€1,248 | +120.5% |
| Other operating charges | 640/8 | €4,117 | €2,865 | -€1,252 | -30.4% |
| Gross operating margin | 9900 | €31,078 | €43,572 | +€12,494 | +40.2% |
| Operating profit (loss) | 9901 | €2,017 | -€1,040 | -€3,057 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,974 | €1,261 | -€713 | -36.1% |
| Recurring financial charges | 65 | €1,974 | €1,261 | -€713 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €43 | -€2,298 | -€2,341 | |
| Profit (loss) for the period | 9904 | €43 | -€2,298 | -€2,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €43 | -€2,298 | -€2,341 |
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.