MOMAFIN: 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.
MOMAFIN
Largest movements
- Tangible fixed assets +€1,687
up €1,687 (+16.6%), from €10,189 to €11,876
of which Other tangible fixed assets: +€2,167
- Cash +€1,102
up €1,102 (+139%), from €795 to €1,896
mainly Net result for the year (+€13,577) and Tax, wage and social debts (+€2,724)
- Receivables within one year +€252
up €252 (+90.6%), from €278 to €530
- Profit (loss) carried forward +€13,577
up €13,577 (+66.3%), from -€20,474 to -€6,896
- Other debts -€13,250
down €13,250 (-52.5%), from €25,230 to €11,980
- Tax, wage and social debts +€2,724
up €2,724 (+181%), from €1,506 to €4,229
of which Remuneration and social security: +€2,563
- Gross operating margin +€33,416
up €33,416, from -€16,121 to €17,295
- Financial charges -€550
down €550 (-30.8%), from €1,786 to €1,236
- Other operating charges -€515
down €515 (-44.9%), from €1,147 to €632
- Depreciation +€438
up €438 (+35.0%), from €1,251 to €1,689
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 | €11,262 | €14,385 | +€3,123 | +27.7% |
| Fixed assets | 21/28 | €10,189 | €11,876 | +€1,687 | +16.6% |
| Tangible fixed assets | 22/27 | €10,189 | €11,876 | +€1,687 | +16.6% |
| Furniture and vehicles | 24 | €1,019 | €539 | -€480 | -47.1% |
| Other tangible fixed assets | 26 | €9,170 | €11,337 | +€2,167 | +23.6% |
| Current assets | 29/58 | €1,073 | €2,509 | +€1,436 | +134% |
| Amounts receivable within one year | 40/41 | €278 | €530 | +€252 | +90.6% |
| Other amounts receivable | 41 | €278 | €530 | +€252 | +90.6% |
| Cash at bank and in hand | 54/58 | €795 | €1,896 | +€1,102 | +139% |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €11,262 | €14,385 | +€3,123 | +27.7% |
| Equity | 10/15 | -€15,474 | -€1,896 | +€13,577 | +87.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,474 | -€6,896 | +€13,577 | +66.3% |
| Amounts payable | 17/49 | €26,735 | €16,281 | -€10,454 | -39.1% |
| Amounts payable within one year | 42/48 | €26,735 | €16,281 | -€10,454 | -39.1% |
| Trade debts | 44 | - | €72 | +€72 | |
| Suppliers | 440/4 | - | €72 | +€72 | |
| Taxes, remuneration and social security | 45 | €1,506 | €4,229 | +€2,724 | +181% |
| Taxes | 450/3 | €229 | €390 | +€161 | +70.4% |
| Remuneration and social security | 454/9 | €1,277 | €3,839 | +€2,563 | +201% |
| Other amounts payable | 47/48 | €25,230 | €11,980 | -€13,250 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,251 | €1,689 | +€438 | +35.0% |
| Other operating charges | 640/8 | €1,147 | €632 | -€515 | -44.9% |
| Gross operating margin | 9900 | -€16,121 | €17,295 | +€33,416 | |
| Operating profit (loss) | 9901 | -€18,519 | €14,974 | +€33,493 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,786 | €1,236 | -€550 | -30.8% |
| Recurring financial charges | 65 | €1,786 | €1,236 | -€550 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,305 | €13,739 | +€34,044 | |
| Income taxes | 67/77 | €169 | €161 | -€8 | -4.6% |
| Profit (loss) for the period | 9904 | -€20,474 | €13,577 | +€34,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,474 | €13,577 | +€34,051 |
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 1 November 2026 via checked.be.