MEMOTIVE: 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.
MEMOTIVE
Largest movements
- Cash -€2,183
down €2,183 (-48.3%), from €4,523 to €2,340
mainly Net result for the year (-€6,971) and Investment in fixed assets (net) (-€5,263)
- Receivables within one year -€1,665
down €1,665 (-28.3%), from €5,875 to €4,210
of which Trade receivables: -€1,713
- Tangible fixed assets +€1,112
up €1,112 (+11.8%), from €9,461 to €10,574
- Deferred charges and accrued income +€359
up €359 (+46.1%), from €778 to €1,137
- Profit (loss) carried forward -€6,971
down €6,971 (-3.5%), from -€199,100 to -€206,071
- Other debts +€6,356
up €6,356 (+3.0%), from €211,354 to €217,709
- Trade debts -€1,591
down €1,591 (-92.9%), from €1,713 to €122
- Gross operating margin +€1,587
up €1,587 (+48.1%), from -€3,299 to -€1,712
- Depreciation +€1,180
up €1,180 (+39.7%), from €2,970 to €4,150
- Taxes +€65
up €65 (+35.8%), from €180 to €245
- Other operating charges -€36
down €36 (-4.5%), from €796 to €760
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 | €20,638 | €18,260 | -€2,378 | -11.5% |
| Fixed assets | 21/28 | €9,461 | €10,574 | +€1,112 | +11.8% |
| Tangible fixed assets | 22/27 | €9,461 | €10,574 | +€1,112 | +11.8% |
| Furniture and vehicles | 24 | €9,461 | €10,574 | +€1,112 | +11.8% |
| Current assets | 29/58 | €11,176 | €7,686 | -€3,490 | -31.2% |
| Amounts receivable within one year | 40/41 | €5,875 | €4,210 | -€1,665 | -28.3% |
| Trade receivables | 40 | €1,713 | - | -€1,713 | |
| Other amounts receivable | 41 | €4,162 | €4,210 | +€48 | +1.2% |
| Cash at bank and in hand | 54/58 | €4,523 | €2,340 | -€2,183 | -48.3% |
| Deferred charges and accrued income | 490/1 | €778 | €1,137 | +€359 | +46.1% |
| Total equity and liabilities | 10/49 | €20,638 | €18,260 | -€2,378 | -11.5% |
| Equity | 10/15 | -€192,900 | -€199,871 | -€6,971 | -3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,100 | -€206,071 | -€6,971 | -3.5% |
| Amounts payable | 17/49 | €213,538 | €218,131 | +€4,593 | +2.2% |
| Amounts payable within one year | 42/48 | €213,248 | €217,832 | +€4,584 | +2.1% |
| Trade debts | 44 | €1,713 | €122 | -€1,591 | -92.9% |
| Suppliers | 440/4 | €1,713 | €122 | -€1,591 | -92.9% |
| Taxes, remuneration and social security | 45 | €180 | - | -€180 | |
| Taxes | 450/3 | €180 | - | -€180 | |
| Other amounts payable | 47/48 | €211,354 | €217,709 | +€6,356 | +3.0% |
| Accrued charges and deferred income | 492/3 | €290 | €299 | +€9 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,970 | €4,150 | +€1,180 | +39.7% |
| Other operating charges | 640/8 | €796 | €760 | -€36 | -4.5% |
| Gross operating margin | 9900 | -€3,299 | -€1,712 | +€1,587 | +48.1% |
| Operating profit (loss) | 9901 | -€7,065 | -€6,622 | +€443 | +6.3% |
| Financial charges | 65/66B | €91 | €104 | +€13 | +13.8% |
| Recurring financial charges | 65 | €91 | €104 | +€13 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,156 | -€6,726 | +€431 | +6.0% |
| Income taxes | 67/77 | €180 | €245 | +€65 | +35.8% |
| Profit (loss) for the period | 9904 | -€7,337 | -€6,971 | +€366 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,337 | -€6,971 | +€366 | +5.0% |
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 5 October 2026 via checked.be.