MOMMEN: 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.
MOMMEN
Largest movements
- Receivables within one year -€86,689
down €86,689 (-13.7%), from €630,504 to €543,815
of which Trade receivables: -€112,663
- Cash +€77,770
up €77,770 (+12.0%), from €646,066 to €723,836
mainly Other debts (+€443,728) and Net result for the year (+€127,392)
- Tangible fixed assets -€67,223
down €67,223 (-5.6%), from €1.2m to €1.1m
of which Furniture and vehicles: -€60,716
- Other debts +€443,728
up €443,728 (+101%), from €440,668 to €884,396
- Reserves -€373,211
down €373,211 (-28.2%), from €1.3m to €951,504
- Debts after one year -€106,452
down €106,452 (-13.6%), from €780,640 to €674,188
- Current portion of long-term debt -€32,613
down €32,613 (-23.5%), from €139,064 to €106,452
- Financial charges -€12,623
down €12,623 (-11.4%), from €110,757 to €98,134
- Other operating charges +€6,796
up €6,796 (+34.5%), from €19,712 to €26,508
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,012,546 | €2,937,807 | -€74,739 | -2.5% |
| Fixed assets | 21/28 | €1,207,418 | €1,140,195 | -€67,223 | -5.6% |
| Tangible fixed assets | 22/27 | €1,206,920 | €1,139,697 | -€67,223 | -5.6% |
| Land and buildings | 22 | €924,723 | €892,596 | -€32,126 | -3.5% |
| Plant, machinery and equipment | 23 | €8,352 | €33,972 | +€25,620 | +307% |
| Furniture and vehicles | 24 | €273,845 | €213,129 | -€60,716 | -22.2% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €1,805,128 | €1,797,612 | -€7,516 | -0.4% |
| Stocks and contracts in progress | 3 | €514,116 | €511,499 | -€2,616 | -0.5% |
| Stocks | 30/36 | €514,116 | €511,499 | -€2,616 | -0.5% |
| Amounts receivable within one year | 40/41 | €630,504 | €543,815 | -€86,689 | -13.7% |
| Trade receivables | 40 | €609,466 | €496,803 | -€112,663 | -18.5% |
| Other amounts receivable | 41 | €21,038 | €47,012 | +€25,974 | +123% |
| Cash at bank and in hand | 54/58 | €646,066 | €723,836 | +€77,770 | +12.0% |
| Deferred charges and accrued income | 490/1 | €14,443 | €18,462 | +€4,019 | +27.8% |
| Total equity and liabilities | 10/49 | €3,012,546 | €2,937,807 | -€74,739 | -2.5% |
| Equity | 10/15 | €1,343,315 | €970,104 | -€373,211 | -27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,324,715 | €951,504 | -€373,211 | -28.2% |
| Distributable reserves | 133 | €1,324,715 | €951,504 | -€373,211 | -28.2% |
| Amounts payable | 17/49 | €1,669,231 | €1,967,703 | +€298,471 | +17.9% |
| Amounts payable after more than one year | 17 | €780,640 | €674,188 | -€106,452 | -13.6% |
| Financial debts | 170/4 | €780,640 | €674,188 | -€106,452 | -13.6% |
| Amounts payable within one year | 42/48 | €848,170 | €1,255,457 | +€407,287 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €139,064 | €106,452 | -€32,613 | -23.5% |
| Trade debts | 44 | €218,629 | €193,120 | -€25,509 | -11.7% |
| Suppliers | 440/4 | €218,629 | €193,120 | -€25,509 | -11.7% |
| Taxes, remuneration and social security | 45 | €49,809 | €71,490 | +€21,680 | +43.5% |
| Taxes | 450/3 | €27,139 | €50,120 | +€22,981 | +84.7% |
| Remuneration and social security | 454/9 | €22,671 | €21,370 | -€1,301 | -5.7% |
| Other amounts payable | 47/48 | €440,668 | €884,396 | +€443,728 | +101% |
| Accrued charges and deferred income | 492/3 | €40,421 | €38,058 | -€2,363 | -5.8% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €243,913 | €246,440 | +€2,527 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,466 | €117,973 | -€493 | -0.4% |
| Other operating charges | 640/8 | €19,712 | €26,508 | +€6,796 | +34.5% |
| Gross operating margin | 9900 | €623,361 | €618,039 | -€5,322 | -0.9% |
| Operating profit (loss) | 9901 | €241,270 | €227,119 | -€14,151 | -5.9% |
| Financial income | 75/76B | €54,371 | €50,816 | -€3,555 | -6.5% |
| Recurring financial income | 75 | €54,371 | €50,816 | -€3,555 | -6.5% |
| Financial charges | 65/66B | €110,757 | €98,134 | -€12,623 | -11.4% |
| Recurring financial charges | 65 | €110,757 | €98,134 | -€12,623 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €184,885 | €179,802 | -€5,083 | -2.7% |
| Income taxes | 67/77 | €54,244 | €52,409 | -€1,834 | -3.4% |
| Profit (loss) for the period | 9904 | €130,641 | €127,392 | -€3,249 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €130,641 | €127,392 | -€3,249 | -2.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.