Momo: 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.
Momo
Largest movements
- Tangible fixed assets -€8,386
down €8,386 (-5.4%), from €154,724 to €146,339
of which Land and buildings: -€4,636
- Receivables within one year -€3,822
down €3,822 (-89.3%), from €4,279 to €457
of which Other amounts receivable: -€2,230
- Debts after one year -€22,503
down €22,503 (-24.2%), from €93,089 to €70,586
- Trade debts +€12,408
up €12,408 (+1,768%), from €702 to €13,110
of which Suppliers: +€7,644
- Profit (loss) carried forward -€8,979
down €8,979 (-72.5%), from €12,388 to €3,409
- Tax, wage and social debts +€5,737
up €5,737 (+32.7%), from €17,532 to €23,269
of which Remuneration and social security: +€11,729
- Short-term financial debts -€2,251
down €2,251 (-60.3%), from €3,736 to €1,485
- Gross operating margin -€26,277
down €26,277 (-28.4%), from €92,523 to €66,245
- Staff costs -€12,848
down €12,848 (-17.9%), from €71,934 to €59,086
- Depreciation -€7,355
down €7,355 (-46.7%), from €15,740 to €8,386
- Other operating charges +€5,498
up €5,498 (+396%), from €1,390 to €6,887
- Financial charges -€3,115
down €3,115 (-83.6%), from €3,728 to €613
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,004 | €146,795 | -€12,208 | -7.7% |
| Fixed assets | 21/28 | €154,724 | €146,339 | -€8,386 | -5.4% |
| Tangible fixed assets | 22/27 | €154,724 | €146,339 | -€8,386 | -5.4% |
| Land and buildings | 22 | €146,617 | €141,981 | -€4,636 | -3.2% |
| Plant, machinery and equipment | 23 | €444 | €317 | -€126 | -28.4% |
| Furniture and vehicles | 24 | €5,547 | €4,040 | -€1,506 | -27.2% |
| Other tangible fixed assets | 26 | €2,117 | - | -€2,117 | |
| Current assets | 29/58 | €4,279 | €457 | -€3,822 | -89.3% |
| Amounts receivable within one year | 40/41 | €4,279 | €457 | -€3,822 | -89.3% |
| Trade receivables | 40 | €1,593 | - | -€1,593 | |
| Other amounts receivable | 41 | €2,687 | €457 | -€2,230 | -83.0% |
| Total equity and liabilities | 10/49 | €159,004 | €146,795 | -€12,208 | -7.7% |
| Equity | 10/15 | €18,989 | €10,010 | -€8,979 | -47.3% |
| Contributions | 10/11 | €6,601 | €6,601 | = | 0.0% |
| Capital | 10 | €500 | €500 | = | 0.0% |
| Issued capital | 100 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €6,101 | €6,101 | = | 0.0% |
| Other | 1109/19 | €6,101 | €6,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,388 | €3,409 | -€8,979 | -72.5% |
| Amounts payable | 17/49 | €140,015 | €136,786 | -€3,229 | -2.3% |
| Amounts payable after more than one year | 17 | €93,089 | €70,586 | -€22,503 | -24.2% |
| Financial debts | 170/4 | €93,089 | €70,586 | -€22,503 | -24.2% |
| Amounts payable within one year | 42/48 | €46,925 | €66,199 | +€19,274 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €23,414 | €24,968 | +€1,554 | +6.6% |
| Financial debts | 43 | €3,736 | €1,485 | -€2,251 | -60.3% |
| Credit institutions | 430/8 | €3,736 | €1,485 | -€2,251 | -60.3% |
| Trade debts | 44 | €702 | €13,110 | +€12,408 | +1,768% |
| Suppliers | 440/4 | €702 | €8,345 | +€7,644 | +1,089% |
| Bills of exchange payable | 441 | - | €4,764 | +€4,764 | |
| Taxes, remuneration and social security | 45 | €17,532 | €23,269 | +€5,737 | +32.7% |
| Taxes | 450/3 | €9,278 | €3,286 | -€5,991 | -64.6% |
| Remuneration and social security | 454/9 | €8,254 | €19,983 | +€11,729 | +142% |
| Other amounts payable | 47/48 | €1,541 | €3,367 | +€1,826 | +118% |
| Remuneration, social security and pensions | 62 | €71,934 | €59,086 | -€12,848 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,740 | €8,386 | -€7,355 | -46.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,230 | - | -€1,230 | |
| Other operating charges | 640/8 | €1,390 | €6,887 | +€5,498 | +396% |
| Non-recurring operating charges | 66A | - | €661 | +€661 | |
| Gross operating margin | 9900 | €92,523 | €66,245 | -€26,277 | -28.4% |
| Operating profit (loss) | 9901 | €2,229 | -€8,775 | -€11,004 | |
| Financial income | 75/76B | €59 | €409 | +€350 | +591% |
| Recurring financial income | 75 | €59 | €409 | +€350 | +591% |
| Financial charges | 65/66B | €3,728 | €613 | -€3,115 | -83.6% |
| Recurring financial charges | 65 | €3,728 | €613 | -€3,115 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,440 | -€8,979 | -€7,539 | -524% |
| Profit (loss) for the period | 9904 | -€1,440 | -€8,979 | -€7,539 | -524% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | -€8,979 | -€7,539 | -524% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.