Memtech: 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.
Memtech
Largest movements
- Cash +€25,790
up €25,790 (+328.3%), from €7,856 to €33,645
mainly Depreciation (+€22,302) and Net result for the year (+€15,326)
- Tangible fixed assets -€22,302
down €22,302 (-32.4%), from €68,855 to €46,553
- Receivables within one year -€1,585
down €1,585 (-11.6%), from €13,611 to €12,026
of which Trade receivables: -€1,647
- Debts after one year -€21,727
down €21,727 (-50.6%), from €42,902 to €21,175
- Reserves +€15,326
up €15,326 (+77.6%), from €19,753 to €35,078
- Current portion of long-term debt +€3,889
up €3,889 (+23.8%), from €16,322 to €20,211
- Tax, wage and social debts +€3,783
up €3,783 (+97.5%), from €3,879 to €7,662
- Gross operating margin +€12,003
up €12,003 (+36.1%), from €33,290 to €45,293
- Taxes +€2,528
up €2,528 (+141.8%), from €1,782 to €4,309
- Financial charges -€460
down €460 (-16.5%), from €2,783 to €2,323
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 | €91,670 | €93,655 | +€1,985 | +2.2% |
| Fixed assets | 21/28 | €68,855 | €46,553 | -€22,302 | -32.4% |
| Tangible fixed assets | 22/27 | €68,855 | €46,553 | -€22,302 | -32.4% |
| Furniture and vehicles | 24 | €68,855 | €46,553 | -€22,302 | -32.4% |
| Current assets | 29/58 | €22,816 | €47,102 | +€24,287 | +106.4% |
| Amounts receivable within one year | 40/41 | €13,611 | €12,026 | -€1,585 | -11.6% |
| Trade receivables | 40 | €13,611 | €11,964 | -€1,647 | -12.1% |
| Other amounts receivable | 41 | €0 | €62 | +€62 | |
| Cash at bank and in hand | 54/58 | €7,856 | €33,645 | +€25,790 | +328.3% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,431 | +€82 | +6.1% |
| Total equity and liabilities | 10/49 | €91,670 | €93,655 | +€1,985 | +2.2% |
| Equity | 10/15 | €22,253 | €37,578 | +€15,326 | +68.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,753 | €35,078 | +€15,326 | +77.6% |
| Distributable reserves | 133 | €19,753 | €35,078 | +€15,326 | +77.6% |
| Amounts payable | 17/49 | €69,418 | €56,077 | -€13,341 | -19.2% |
| Amounts payable after more than one year | 17 | €42,902 | €21,175 | -€21,727 | -50.6% |
| Financial debts | 170/4 | €42,902 | €21,175 | -€21,727 | -50.6% |
| Amounts payable within one year | 42/48 | €26,516 | €34,902 | +€8,386 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €16,322 | €20,211 | +€3,889 | +23.8% |
| Trade debts | 44 | €1,314 | €2,029 | +€715 | +54.4% |
| Suppliers | 440/4 | €1,314 | €2,029 | +€715 | +54.4% |
| Taxes, remuneration and social security | 45 | €3,879 | €7,662 | +€3,783 | +97.5% |
| Taxes | 450/3 | €3,879 | €7,662 | +€3,783 | +97.5% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,302 | €22,302 | +€0 | 0.0% |
| Other operating charges | 640/8 | €839 | €1,032 | +€193 | +23.0% |
| Gross operating margin | 9900 | €33,290 | €45,293 | +€12,003 | +36.1% |
| Operating profit (loss) | 9901 | €10,148 | €21,958 | +€11,810 | +116.4% |
| Financial income | 75/76B | €79 | €0 | -€79 | -100.0% |
| Recurring financial income | 75 | €79 | €0 | -€79 | -100.0% |
| Financial charges | 65/66B | €2,783 | €2,323 | -€460 | -16.5% |
| Recurring financial charges | 65 | €2,783 | €2,323 | -€460 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €7,444 | €19,635 | +€12,191 | +163.8% |
| Income taxes | 67/77 | €1,782 | €4,309 | +€2,528 | +141.8% |
| Profit (loss) for the period | 9904 | €5,662 | €15,326 | +€9,664 | +170.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,662 | €15,326 | +€9,664 | +170.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.