MoMendes: 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.
MoMendes
Largest movements
- Tangible fixed assets +€108,961
up €108,961 (+3,131%), from €3,480 to €112,441
of which Land and buildings: +€110,000
- Receivables within one year -€12,568
down €12,568 (-19.8%), from €63,624 to €51,056
of which Trade receivables: -€28,655
- Other debts +€92,882
up €92,882 (+1,445%), from €6,429 to €99,310
- Reserves +€27,078
up €27,078 (+7.4%), from €363,544 to €390,622
- Debts after one year -€21,119
down €21,119 (-40.8%), from €51,698 to €30,579
- Gross operating margin +€4,508
up €4,508 (+7.4%), from €61,094 to €65,602
- Other operating charges +€1,150
up €1,150 (+243%), from €472 to €1,622
- Taxes +€1,135
up €1,135 (+7.4%), from €15,419 to €16,554
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 | €472,065 | €566,067 | +€94,002 | +19.9% |
| Fixed assets | 21/28 | €398,480 | €507,441 | +€108,961 | +27.3% |
| Tangible fixed assets | 22/27 | €3,480 | €112,441 | +€108,961 | +3,131% |
| Land and buildings | 22 | - | €110,000 | +€110,000 | |
| Plant, machinery and equipment | 23 | €517 | €170 | -€348 | -67.2% |
| Furniture and vehicles | 24 | €1,819 | €1,278 | -€541 | -29.8% |
| Other tangible fixed assets | 26 | €1,144 | €993 | -€151 | -13.2% |
| Financial fixed assets | 28 | €395,000 | €395,000 | = | 0.0% |
| Current assets | 29/58 | €73,585 | €58,626 | -€14,959 | -20.3% |
| Amounts receivable within one year | 40/41 | €63,624 | €51,056 | -€12,568 | -19.8% |
| Trade receivables | 40 | €58,080 | €29,425 | -€28,655 | -49.3% |
| Other amounts receivable | 41 | €5,544 | €21,631 | +€16,087 | +290% |
| Cash at bank and in hand | 54/58 | €8,160 | €7,549 | -€610 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,802 | €21 | -€1,781 | -98.8% |
| Total equity and liabilities | 10/49 | €472,065 | €566,067 | +€94,002 | +19.9% |
| Equity | 10/15 | €375,944 | €403,022 | +€27,078 | +7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €363,544 | €390,622 | +€27,078 | +7.4% |
| Distributable reserves | 133 | €363,544 | €390,622 | +€27,078 | +7.4% |
| Amounts payable | 17/49 | €96,121 | €163,045 | +€66,924 | +69.6% |
| Amounts payable after more than one year | 17 | €51,698 | €30,579 | -€21,119 | -40.8% |
| Financial debts | 170/4 | €51,698 | €30,579 | -€21,119 | -40.8% |
| Amounts payable within one year | 42/48 | €41,985 | €130,108 | +€88,123 | +210% |
| Current portion of amounts payable after more than one year | 42 | €20,740 | €21,119 | +€379 | +1.8% |
| Financial debts | 43 | - | €2,532 | +€2,532 | |
| Credit institutions | 430/8 | - | €2,532 | +€2,532 | |
| Trade debts | 44 | €8,597 | €2,956 | -€5,640 | -65.6% |
| Suppliers | 440/4 | €8,597 | €2,956 | -€5,640 | -65.6% |
| Taxes, remuneration and social security | 45 | €6,220 | €4,191 | -€2,029 | -32.6% |
| Taxes | 450/3 | €6,220 | €4,191 | -€2,029 | -32.6% |
| Other amounts payable | 47/48 | €6,429 | €99,310 | +€92,882 | +1,445% |
| Accrued charges and deferred income | 492/3 | €2,438 | €2,358 | -€81 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €935 | €1,039 | +€105 | +11.2% |
| Other operating charges | 640/8 | €472 | €1,622 | +€1,150 | +243% |
| Gross operating margin | 9900 | €61,094 | €65,602 | +€4,508 | +7.4% |
| Operating profit (loss) | 9901 | €59,687 | €62,940 | +€3,253 | +5.5% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €4,637 | €4,514 | -€123 | -2.6% |
| Recurring financial charges | 65 | €4,637 | €4,514 | -€123 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €55,050 | €58,465 | +€3,415 | +6.2% |
| Income taxes | 67/77 | €15,419 | €16,554 | +€1,135 | +7.4% |
| Profit (loss) for the period | 9904 | €39,631 | €41,911 | +€2,280 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,631 | €41,911 | +€2,280 | +5.8% |
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 27 October 2026 via checked.be.