What changed?
Two fiscal 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.
MAMBO
Largest movements
- Tangible fixed assets -€18,441
down €18,441 (-14.1%), from €130,706 to €112,265
of which Furniture and vehicles: -€9,878
- Cash +€17,797
up €17,797 (+85.9%), from €20,716 to €38,513
mainly Depreciation (+€18,441) and Net result for the year (+€12,170)
- Debts after one year -€13,518
down €13,518 (-21.4%), from €63,256 to €49,738
- Reserves +€12,170
up €12,170 (+21.9%), from €55,617 to €67,787
of which Distributable reserves: +€12,170
- Tax, wage and social debts +€1,984
up €1,984 (+29.4%), from €6,743 to €8,727
of which Remuneration and social security: +€2,314
- Gross operating margin +€1,451
up €1,451 (+3.8%), from €38,319 to €39,769
- Financial charges -€454
down €454 (-14.4%), from €3,151 to €2,697
- Taxes +€428
up €428 (+9.8%), from €4,361 to €4,789
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.
Cash bridge derived
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 | €183,654 | €184,131 | +€477 | +0.3% |
| Fixed assets | 21/28 | €130,706 | €112,265 | -€18,441 | -14.1% |
| Tangible fixed assets | 22/27 | €130,706 | €112,265 | -€18,441 | -14.1% |
| Furniture and vehicles | 24 | €29,950 | €20,072 | -€9,878 | -33.0% |
| Other tangible fixed assets | 26 | €100,756 | €92,193 | -€8,563 | -8.5% |
| Current assets | 29/58 | €52,947 | €71,866 | +€18,919 | +35.7% |
| Amounts receivable within one year | 40/41 | €8,016 | €8,367 | +€351 | +4.4% |
| Trade receivables | 40 | €8,016 | €8,367 | +€351 | +4.4% |
| Current investments | 50/53 | €22,433 | €22,517 | +€84 | +0.4% |
| Cash at bank and in hand | 54/58 | €20,716 | €38,513 | +€17,797 | +85.9% |
| Deferred charges and accrued income | 490/1 | €1,782 | €2,469 | +€687 | +38.5% |
| Total equity and liabilities | 10/49 | €183,654 | €184,131 | +€477 | +0.3% |
| Equity | 10/15 | €68,017 | €80,187 | +€12,170 | +17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €55,617 | €67,787 | +€12,170 | +21.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,757 | €65,927 | +€12,170 | +22.6% |
| Amounts payable | 17/49 | €115,636 | €103,944 | -€11,692 | -10.1% |
| Amounts payable after more than one year | 17 | €63,256 | €49,738 | -€13,518 | -21.4% |
| Financial debts | 170/4 | €63,256 | €49,738 | -€13,518 | -21.4% |
| Amounts payable within one year | 42/48 | €52,367 | €54,193 | +€1,826 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €13,308 | €13,518 | +€211 | +1.6% |
| Trade debts | 44 | €552 | €131 | -€421 | -76.3% |
| Suppliers | 440/4 | €552 | €131 | -€421 | -76.3% |
| Taxes, remuneration and social security | 45 | €6,743 | €8,727 | +€1,984 | +29.4% |
| Taxes | 450/3 | €6,743 | €6,413 | -€330 | -4.9% |
| Remuneration and social security | 454/9 | - | €2,314 | +€2,314 | |
| Other amounts payable | 47/48 | €31,764 | €31,817 | +€52 | +0.2% |
| Accrued charges and deferred income | 492/3 | €13 | €14 | +€0 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,373 | €18,441 | +€68 | +0.4% |
| Other operating charges | 640/8 | €1,795 | €1,793 | -€2 | -0.1% |
| Gross operating margin | 9900 | €38,319 | €39,769 | +€1,451 | +3.8% |
| Operating profit (loss) | 9901 | €18,150 | €19,535 | +€1,385 | +7.6% |
| Financial income | 75/76B | €129 | €121 | -€8 | -6.3% |
| Recurring financial income | 75 | €129 | €121 | -€8 | -6.3% |
| Financial charges | 65/66B | €3,151 | €2,697 | -€454 | -14.4% |
| Recurring financial charges | 65 | €3,151 | €2,697 | -€454 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €15,128 | €16,959 | +€1,831 | +12.1% |
| Income taxes | 67/77 | €4,361 | €4,789 | +€428 | +9.8% |
| Profit (loss) for the period | 9904 | €10,767 | €12,170 | +€1,402 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,767 | €12,170 | +€1,402 | +13.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 September 2026 via checked.be.