MOMOTARO: what changed
MOMOTARO
Largest movements
- Receivables within one year +€38,567
up €38,567 (+16.6%), from €231,816 to €270,384
of which Other amounts receivable: +€34,990
- Financial fixed assets -€12,242
down €12,242 (-85.7%), from €14,282 to €2,040
- Tangible fixed assets -€10,458
down €10,458 (-20.4%), from €51,240 to €40,782
of which Other tangible fixed assets: -€7,710
- Cash +€8,200
up €8,200 (+356%), from €2,303 to €10,503
mainly Net result for the year (+€22,092) and Depreciation (+€13,766)
- Profit (loss) carried forward +€22,092
up €22,092 (+13.4%), from €164,878 to €186,970
- Debts after one year -€11,542
down €11,542 (-47.1%), from €24,523 to €12,980
- Tax, wage and social debts +€8,585
up €8,585 (+1,132%), from €759 to €9,344
of which Taxes: +€6,235
- Trade debts +€3,725
up €3,725 (+111%), from €3,361 to €7,085
- Gross operating margin +€40,872
up €40,872, from -€6,230 to €34,642
- Taxes +€6,126
up €6,126 (+1,405%), from €436 to €6,562
- Financial income -€1,269
down €1,269 (-8.7%), from €14,569 to €13,299
- Other operating charges -€881
down €881 (-30.4%), from €2,900 to €2,019
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 | €303,390 | €327,426 | +€24,036 | +7.9% |
| Fixed assets | 21/28 | €65,522 | €42,823 | -€22,699 | -34.6% |
| Tangible fixed assets | 22/27 | €51,240 | €40,782 | -€10,458 | -20.4% |
| Plant, machinery and equipment | 23 | €15 | €2,852 | +€2,837 | +19,329% |
| Furniture and vehicles | 24 | €24,044 | €18,460 | -€5,585 | -23.2% |
| Other tangible fixed assets | 26 | €27,181 | €19,470 | -€7,710 | -28.4% |
| Financial fixed assets | 28 | €14,282 | €2,040 | -€12,242 | -85.7% |
| Current assets | 29/58 | €237,868 | €284,603 | +€46,735 | +19.6% |
| Amounts receivable within one year | 40/41 | €231,816 | €270,384 | +€38,567 | +16.6% |
| Trade receivables | 40 | €1,768 | €5,345 | +€3,577 | +202% |
| Other amounts receivable | 41 | €230,048 | €265,038 | +€34,990 | +15.2% |
| Cash at bank and in hand | 54/58 | €2,303 | €10,503 | +€8,200 | +356% |
| Deferred charges and accrued income | 490/1 | €3,749 | €3,717 | -€32 | -0.9% |
| Total equity and liabilities | 10/49 | €303,390 | €327,426 | +€24,036 | +7.9% |
| Equity | 10/15 | €264,381 | €286,474 | +€22,092 | +8.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €37,503 | €37,503 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €31,303 | €31,303 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,878 | €186,970 | +€22,092 | +13.4% |
| Amounts payable | 17/49 | €39,009 | €40,952 | +€1,943 | +5.0% |
| Amounts payable after more than one year | 17 | €24,523 | €12,980 | -€11,542 | -47.1% |
| Financial debts | 170/4 | €24,523 | €12,980 | -€11,542 | -47.1% |
| Amounts payable within one year | 42/48 | €14,486 | €27,972 | +€13,486 | +93.1% |
| Current portion of amounts payable after more than one year | 42 | €10,367 | €11,542 | +€1,176 | +11.3% |
| Trade debts | 44 | €3,361 | €7,085 | +€3,725 | +111% |
| Suppliers | 440/4 | €3,361 | €7,085 | +€3,725 | +111% |
| Taxes, remuneration and social security | 45 | €759 | €9,344 | +€8,585 | +1,132% |
| Taxes | 450/3 | €759 | €6,994 | +€6,235 | +822% |
| Remuneration and social security | 454/9 | - | €2,350 | +€2,350 | |
| Non-recurring operating income | 76A | €696 | €14,424 | +€13,727 | +1,971% |
| Remuneration, social security and pensions | 62 | €1,440 | €1,529 | +€89 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,029 | €13,766 | -€263 | -1.9% |
| Other operating charges | 640/8 | €2,900 | €2,019 | -€881 | -30.4% |
| Gross operating margin | 9900 | -€6,230 | €34,642 | +€40,872 | |
| Operating profit (loss) | 9901 | -€24,599 | €17,328 | +€41,926 | |
| Financial income | 75/76B | €14,569 | €13,299 | -€1,269 | -8.7% |
| Recurring financial income | 75 | €14,569 | €13,299 | -€1,269 | -8.7% |
| Financial charges | 65/66B | €1,966 | €1,973 | +€7 | +0.4% |
| Recurring financial charges | 65 | €1,966 | €1,973 | +€7 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,996 | €28,654 | +€40,650 | |
| Income taxes | 67/77 | €436 | €6,562 | +€6,126 | +1,405% |
| Profit (loss) for the period | 9904 | -€12,432 | €22,092 | +€34,524 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,432 | €22,092 | +€34,524 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.