MEMORY PAY: 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.
MEMORY PAY
Largest movements
- Tangible fixed assets -€5,210
down €5,210 (-96.6%), from €5,391 to €181
of which Plant, machinery and equipment: -€4,311
- Receivables within one year -€2,674
down €2,674 (-73.7%), from €3,630 to €956
of which Other amounts receivable: -€1,783
- Cash -€296
down €296 (-76.3%), from €388 to €92
mainly Trade debts (-€4,446) and Tax, wage and social debts (-€3,140)
- Intangible fixed assets -€220
down €220 (-38.2%), from €575 to €355
- Deferred charges and accrued income -€209
down €209 (-100%), from €209 to €0
- Trade debts -€4,446
down €4,446 (-21.7%), from €20,493 to €16,046
- Tax, wage and social debts -€3,140
down €3,140 (-53.0%), from €5,926 to €2,785
of which Taxes: -€3,140
- Other debts -€2,481
down €2,481 (-100%), from €2,481 to €0
- Profit (loss) carried forward +€1,071
up €1,071 (+3.2%), from -€33,705 to -€32,634
- Accrued charges and deferred income +€387
new in 2024: €387
- Gross operating margin -€13,200
down €13,200 (-63.3%), from €20,848 to €7,648
- Staff costs -€12,137
down €12,137 (-100%), from €12,137 to €0
- Depreciation -€4,201
down €4,201 (-43.6%), from €9,631 to €5,430
- Other operating charges -€2,688
down €2,688 (-87.4%), from €3,076 to €387
- Taxes -€2,000
down €2,000 (-89.6%), from €2,233 to €233
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.
Derived cash bridge
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 | €10,194 | €1,585 | -€8,610 | -84.5% |
| Fixed assets | 21/28 | €5,966 | €536 | -€5,430 | -91.0% |
| Intangible fixed assets | 21 | €575 | €355 | -€220 | -38.2% |
| Tangible fixed assets | 22/27 | €5,391 | €181 | -€5,210 | -96.6% |
| Plant, machinery and equipment | 23 | €4,311 | €0 | -€4,311 | -100% |
| Furniture and vehicles | 24 | €1,081 | €181 | -€900 | -83.3% |
| Current assets | 29/58 | €4,228 | €1,049 | -€3,179 | -75.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,630 | €956 | -€2,674 | -73.7% |
| Trade receivables | 40 | €1,847 | €956 | -€890 | -48.2% |
| Other amounts receivable | 41 | €1,783 | €0 | -€1,783 | -100% |
| Cash at bank and in hand | 54/58 | €388 | €92 | -€296 | -76.3% |
| Deferred charges and accrued income | 490/1 | €209 | €0 | -€209 | -100% |
| Total equity and liabilities | 10/49 | €10,194 | €1,585 | -€8,610 | -84.5% |
| Equity | 10/15 | -€23,705 | -€22,634 | +€1,071 | +4.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,705 | -€32,634 | +€1,071 | +3.2% |
| Amounts payable | 17/49 | €33,900 | €24,219 | -€9,680 | -28.6% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,900 | €18,832 | -€10,068 | -34.8% |
| Trade debts | 44 | €20,493 | €16,046 | -€4,446 | -21.7% |
| Suppliers | 440/4 | €20,493 | €16,046 | -€4,446 | -21.7% |
| Taxes, remuneration and social security | 45 | €5,926 | €2,785 | -€3,140 | -53.0% |
| Taxes | 450/3 | €5,926 | €2,785 | -€3,140 | -53.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,481 | €0 | -€2,481 | -100% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Remuneration, social security and pensions | 62 | €12,137 | €0 | -€12,137 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,631 | €5,430 | -€4,201 | -43.6% |
| Other operating charges | 640/8 | €3,076 | €387 | -€2,688 | -87.4% |
| Gross operating margin | 9900 | €20,848 | €7,648 | -€13,200 | -63.3% |
| Operating profit (loss) | 9901 | -€3,996 | €1,831 | +€5,827 | |
| Financial income | 75/76B | €234 | €1 | -€233 | -99.7% |
| Recurring financial income | 75 | €234 | €1 | -€233 | -99.7% |
| Financial charges | 65/66B | €614 | €528 | -€86 | -14.0% |
| Recurring financial charges | 65 | €614 | €528 | -€86 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,376 | €1,304 | +€5,680 | |
| Income taxes | 67/77 | €2,233 | €233 | -€2,000 | -89.6% |
| Profit (loss) for the period | 9904 | -€6,608 | €1,071 | +€7,679 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,608 | €1,071 | +€7,679 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.