Mnema: 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.
Mnema
Largest movements
- Receivables within one year -€588,951
down €588,951 (-29.2%), from €2.0m to €1.4m
of which Other amounts receivable: -€609,617
- Tangible fixed assets +€549,840
up €549,840 (+4.6%), from €12.0m to €12.5m
of which Assets under construction and advance payments: +€1.1m
- Cash -€371,567
down €371,567 (-47.7%), from €779,395 to €407,828
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€499,496)
- Investment grants -€499,496
down €499,496 (-3.9%), from €12.8m to €12.3m
- Trade debts +€158,297
up €158,297 (+274%), from €57,724 to €216,020
- Turnover +€76,057
up €76,057 (+49.4%), from €153,919 to €229,975
- Staff costs -€44,717
down €44,717 (-3.7%), from €1.2m to €1.2m
- Gross operating margin -€24,997
down €24,997 (-1.3%), from €1.9m to €1.9m
- Purchases and services +€23,567
up €23,567 (+3.1%), from €759,453 to €783,020
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.
Derived cash bridge
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 | €14,939,765 | €14,585,993 | -€353,772 | -2.4% |
| Fixed assets | 21/28 | €11,977,239 | €12,527,079 | +€549,840 | +4.6% |
| Tangible fixed assets | 22/27 | €11,972,119 | €12,521,959 | +€549,840 | +4.6% |
| Land and buildings | 22 | €11,553,716 | €11,030,032 | -€523,684 | -4.5% |
| Plant, machinery and equipment | 23 | €217,353 | €195,851 | -€21,502 | -9.9% |
| Furniture and vehicles | 24 | €50,543 | €38,788 | -€11,755 | -23.3% |
| Leasing and similar rights | 25 | €29,024 | €21,768 | -€7,256 | -25.0% |
| Assets under construction and advance payments | 27 | €121,483 | €1,235,520 | +€1.1m | +917% |
| Financial fixed assets | 28 | €5,120 | €5,120 | = | 0.0% |
| Current assets | 29/58 | €2,962,526 | €2,058,914 | -€903,612 | -30.5% |
| Amounts receivable after more than one year | 29 | €156,420 | €156,420 | = | 0.0% |
| Other amounts receivable | 291 | €156,420 | €156,420 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,019,814 | €1,430,863 | -€588,951 | -29.2% |
| Trade receivables | 40 | €162,098 | €182,764 | +€20,667 | +12.7% |
| Other amounts receivable | 41 | €1,857,717 | €1,248,099 | -€609,617 | -32.8% |
| Cash at bank and in hand | 54/58 | €779,395 | €407,828 | -€371,567 | -47.7% |
| Deferred charges and accrued income | 490/1 | €6,896 | €63,802 | +€56,906 | +825% |
| Total equity and liabilities | 10/49 | €14,939,765 | €14,585,993 | -€353,772 | -2.4% |
| Equity | 10/15 | €12,849,088 | €12,350,173 | -€498,915 | -3.9% |
| Profit (loss) carried forward | 14 | €620 | €1,201 | +€581 | +93.7% |
| Investment grants | 15 | €12,848,468 | €12,348,973 | -€499,496 | -3.9% |
| Amounts payable | 17/49 | €2,090,677 | €2,235,820 | +€145,143 | +6.9% |
| Amounts payable after more than one year | 17 | €1,831,854 | €1,761,554 | -€70,300 | -3.8% |
| Financial debts | 170/4 | €581,854 | €511,554 | -€70,300 | -12.1% |
| Other amounts payable | 178/9 | €1,250,000 | €1,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €257,323 | €474,266 | +€216,943 | +84.3% |
| Current portion of amounts payable after more than one year | 42 | €70,141 | €70,596 | +€455 | +0.6% |
| Trade debts | 44 | €57,724 | €216,020 | +€158,297 | +274% |
| Suppliers | 440/4 | €57,724 | €216,020 | +€158,297 | +274% |
| Taxes, remuneration and social security | 45 | €129,458 | €187,650 | +€58,192 | +45.0% |
| Taxes | 450/3 | €1,202 | €36,946 | +€35,744 | +2,975% |
| Remuneration and social security | 454/9 | €128,257 | €150,704 | +€22,447 | +17.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100% |
| Turnover | 70 | €153,919 | €229,975 | +€76,057 | +49.4% |
| Membership fees, donations, legacies and grants | 73 | €1,993,074 | €1,920,082 | -€72,992 | -3.7% |
| Non-recurring operating income | 76A | €8,570 | - | -€8,570 | |
| Goods, raw materials, services and sundry goods | 60/61 | €759,453 | €783,020 | +€23,567 | +3.1% |
| Remuneration, social security and pensions | 62 | €1,205,328 | €1,160,612 | -€44,717 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603,501 | €608,828 | +€5,328 | +0.9% |
| Other operating charges | 640/8 | €89,982 | €82,133 | -€7,849 | -8.7% |
| Gross operating margin | 9900 | €1,887,958 | €1,862,961 | -€24,997 | -1.3% |
| Operating profit (loss) | 9901 | -€10,852 | €11,388 | +€22,241 | |
| Financial charges | 65/66B | €10,126 | €10,808 | +€681 | +6.7% |
| Recurring financial charges | 65 | €10,126 | €10,808 | +€681 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,979 | €581 | +€21,559 | |
| Profit (loss) for the period | 9904 | -€20,979 | €581 | +€21,559 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,979 | €581 | +€21,559 |
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 14 October 2026 via checked.be.