MEMOMAX: 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.
MEMOMAX
Largest movements
- Tangible fixed assets -€4,400
down €4,400 (-2.4%), from €184,127 to €179,727
- Debts after one year -€11,138
down €11,138 (-12.9%), from €86,468 to €75,330
of which Financial debts: -€11,138
- Profit (loss) carried forward +€7,382
up €7,382, from -€3,900 to €3,482
- Gross operating margin +€6,134
up €6,134 (+39.9%), from €15,372 to €21,506
- Financial charges -€242
down €242 (-9.6%), from €2,533 to €2,291
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 | €194,320 | €191,214 | -€3,107 | -1.6% |
| Fixed assets | 21/28 | €184,127 | €179,727 | -€4,400 | -2.4% |
| Tangible fixed assets | 22/27 | €184,127 | €179,727 | -€4,400 | -2.4% |
| Land and buildings | 22 | €184,127 | €179,727 | -€4,400 | -2.4% |
| Current assets | 29/58 | €10,193 | €11,487 | +€1,293 | +12.7% |
| Amounts receivable within one year | 40/41 | €8,583 | €9,222 | +€639 | +7.4% |
| Trade receivables | 40 | - | €639 | +€639 | |
| Other amounts receivable | 41 | €8,583 | €8,583 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,610 | €2,265 | +€655 | +40.7% |
| Total equity and liabilities | 10/49 | €194,320 | €191,214 | -€3,107 | -1.6% |
| Equity | 10/15 | €96,100 | €103,482 | +€7,382 | +7.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,900 | €3,482 | +€7,382 | |
| Amounts payable | 17/49 | €98,220 | €87,731 | -€10,489 | -10.7% |
| Amounts payable after more than one year | 17 | €86,468 | €75,330 | -€11,138 | -12.9% |
| Financial debts | 170/4 | €84,568 | €73,430 | -€11,138 | -13.2% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,752 | €12,401 | +€650 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €10,891 | €11,138 | +€248 | +2.3% |
| Trade debts | 44 | €848 | €402 | -€446 | -52.6% |
| Suppliers | 440/4 | €848 | €402 | -€446 | -52.6% |
| Other amounts payable | 47/48 | €13 | €861 | +€848 | +6590.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,277 | €7,304 | +€27 | +0.4% |
| Other operating charges | 640/8 | €4,391 | €4,529 | +€138 | +3.1% |
| Gross operating margin | 9900 | €15,372 | €21,506 | +€6,134 | +39.9% |
| Operating profit (loss) | 9901 | €3,704 | €9,673 | +€5,970 | +161.2% |
| Financial charges | 65/66B | €2,533 | €2,291 | -€242 | -9.6% |
| Recurring financial charges | 65 | €2,533 | €2,291 | -€242 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €1,170 | €7,382 | +€6,212 | +530.8% |
| Profit (loss) for the period | 9904 | €1,170 | €7,382 | +€6,212 | +530.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,170 | €7,382 | +€6,212 | +530.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.