MOMAK: what changed
MOMAK
Largest movements
- Cash -€25,746
down €25,746 (-47.7%), from €53,993 to €28,247
mainly Other debts (-€52,976) and Receivables within one year (-€10,327)
- Receivables within one year +€10,327
up €10,327 (+139%), from €7,425 to €17,752
of which Other amounts receivable: +€10,327
- Tangible fixed assets -€1,843
down €1,843 (-22.9%), from €8,048 to €6,205
of which Other tangible fixed assets: -€1,056
- Other debts -€52,976
down €52,976 (-100%), from €52,976 to €0
- Profit (loss) carried forward +€29,954
up €29,954, from -€29,954 to €0
- Trade debts +€13,304
up €13,304 (+38,034%), from €35 to €13,339
- Tax, wage and social debts -€7,675
down €7,675 (-62.5%), from €12,289 to €4,614
- Reserves +€7,318
up €7,318 (+553%), from €1,322 to €8,641
of which Distributable reserves: +€7,318
- Gross operating margin -€16,825
down €16,825 (-23.8%), from €70,609 to €53,784
- Taxes -€3,235
down €3,235 (-23.3%), from €13,891 to €10,656
- Financial charges -€1,482
down €1,482 (-41.2%), from €3,602 to €2,120
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,300 | €53,104 | -€17,196 | -24.5% |
| Fixed assets | 21/28 | €8,048 | €6,205 | -€1,843 | -22.9% |
| Tangible fixed assets | 22/27 | €8,048 | €6,205 | -€1,843 | -22.9% |
| Furniture and vehicles | 24 | €1,934 | €1,147 | -€787 | -40.7% |
| Other tangible fixed assets | 26 | €6,114 | €5,058 | -€1,056 | -17.3% |
| Current assets | 29/58 | €62,252 | €46,899 | -€15,353 | -24.7% |
| Amounts receivable within one year | 40/41 | €7,425 | €17,752 | +€10,327 | +139% |
| Trade receivables | 40 | €7,425 | €7,425 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €10,327 | +€10,327 | |
| Cash at bank and in hand | 54/58 | €53,993 | €28,247 | -€25,746 | -47.7% |
| Deferred charges and accrued income | 490/1 | €834 | €900 | +€66 | +7.9% |
| Total equity and liabilities | 10/49 | €70,300 | €53,104 | -€17,196 | -24.5% |
| Equity | 10/15 | -€3,632 | €33,641 | +€37,272 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,322 | €8,641 | +€7,318 | +553% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,322 | €8,641 | +€7,318 | +553% |
| Profit (loss) carried forward | 14 | -€29,954 | €0 | +€29,954 | |
| Amounts payable | 17/49 | €73,932 | €19,464 | -€54,468 | -73.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €72,217 | €17,953 | -€54,264 | -75.1% |
| Current portion of amounts payable after more than one year | 42 | €6,917 | €0 | -€6,917 | -100% |
| Trade debts | 44 | €35 | €13,339 | +€13,304 | +38,034% |
| Suppliers | 440/4 | €35 | €13,339 | +€13,304 | +38,034% |
| Taxes, remuneration and social security | 45 | €12,289 | €4,614 | -€7,675 | -62.5% |
| Taxes | 450/3 | €12,289 | €4,614 | -€7,675 | -62.5% |
| Other amounts payable | 47/48 | €52,976 | €0 | -€52,976 | -100% |
| Accrued charges and deferred income | 492/3 | €1,715 | €1,510 | -€205 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,483 | €1,843 | +€360 | +24.3% |
| Other operating charges | 640/8 | €1,896 | €1,893 | -€3 | -0.2% |
| Gross operating margin | 9900 | €70,609 | €53,784 | -€16,825 | -23.8% |
| Operating profit (loss) | 9901 | €67,230 | €50,048 | -€17,182 | -25.6% |
| Financial charges | 65/66B | €3,602 | €2,120 | -€1,482 | -41.2% |
| Recurring financial charges | 65 | €3,602 | €2,120 | -€1,482 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €63,628 | €47,928 | -€15,699 | -24.7% |
| Income taxes | 67/77 | €13,891 | €10,656 | -€3,235 | -23.3% |
| Profit (loss) for the period | 9904 | €49,737 | €37,272 | -€12,464 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,737 | €37,272 | -€12,464 | -25.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.