Domein MASE: 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.
Domein MASE
Largest movements
- Stocks and contracts +€1.3m
up €1.3m (+90.4%), from €1.4m to €2.6m
- Cash -€291,473
down €291,473 (-97.4%), from €299,334 to €7,861
mainly Stocks and contracts (-€1.3m) and Tax, wage and social debts (-€75,057)
- Receivables within one year -€187,758
down €187,758 (-38.1%), from €492,991 to €305,233
of which Other amounts receivable: -€193,531
- Short-term financial debts +€649,908
up €649,908 (+31.2%), from €2.1m to €2.7m
- Other debts +€98,550
up €98,550 (+274%), from €36,000 to €134,550
- Tax, wage and social debts -€75,057
down €75,057 (-88.6%), from €84,752 to €9,695
- Profit (loss) carried forward +€56,551
up €56,551 (+27.8%), from -€203,183 to -€146,632
- Trade debts +€48,747
up €48,747 (+302%), from €16,126 to €64,873
- Gross operating margin +€216,919
up €216,919, from -€51,597 to €165,322
- Financial income -€36,931
down €36,931 (-87.5%), from €42,188 to €5,257
- Other operating charges -€3,117
down €3,117 (-59.7%), from €5,223 to €2,106
- Financial charges -€2,951
down €2,951 (-2.6%), from €113,462 to €110,510
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 | €2,178,954 | €2,951,130 | +€772,177 | +35.4% |
| Fixed assets | 21/28 | €658 | €124 | -€534 | -81.1% |
| Tangible fixed assets | 22/27 | €658 | €124 | -€534 | -81.1% |
| Furniture and vehicles | 24 | €658 | €124 | -€534 | -81.1% |
| Current assets | 29/58 | €2,178,296 | €2,951,006 | +€772,710 | +35.5% |
| Stocks and contracts in progress | 3 | €1,383,659 | €2,634,861 | +€1.3m | +90.4% |
| Stocks | 30/36 | €1,383,659 | €2,634,861 | +€1.3m | +90.4% |
| Amounts receivable within one year | 40/41 | €492,991 | €305,233 | -€187,758 | -38.1% |
| Trade receivables | 40 | €3,237 | €9,010 | +€5,774 | +178% |
| Other amounts receivable | 41 | €489,754 | €296,223 | -€193,531 | -39.5% |
| Cash at bank and in hand | 54/58 | €299,334 | €7,861 | -€291,473 | -97.4% |
| Deferred charges and accrued income | 490/1 | €2,312 | €3,051 | +€739 | +32.0% |
| Total equity and liabilities | 10/49 | €2,178,954 | €2,951,130 | +€772,177 | +35.4% |
| Equity | 10/15 | -€90,175 | -€33,624 | +€56,551 | +62.7% |
| 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 | €51,008 | €51,008 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,808 | €44,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,183 | -€146,632 | +€56,551 | +27.8% |
| Amounts payable | 17/49 | €2,269,129 | €2,984,755 | +€715,626 | +31.5% |
| Amounts payable within one year | 42/48 | €2,218,391 | €2,940,539 | +€722,148 | +32.6% |
| Financial debts | 43 | €2,081,513 | €2,731,421 | +€649,908 | +31.2% |
| Credit institutions | 430/8 | €2,081,513 | €2,731,421 | +€649,908 | +31.2% |
| Trade debts | 44 | €16,126 | €64,873 | +€48,747 | +302% |
| Suppliers | 440/4 | €16,126 | €64,873 | +€48,747 | +302% |
| Taxes, remuneration and social security | 45 | €84,752 | €9,695 | -€75,057 | -88.6% |
| Taxes | 450/3 | €84,752 | €9,695 | -€75,057 | -88.6% |
| Other amounts payable | 47/48 | €36,000 | €134,550 | +€98,550 | +274% |
| Accrued charges and deferred income | 492/3 | €50,738 | €44,216 | -€6,522 | -12.9% |
| Non-recurring operating income | 76A | - | €58,099 | +€58,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €534 | = | 0.0% |
| Other operating charges | 640/8 | €5,223 | €2,106 | -€3,117 | -59.7% |
| Gross operating margin | 9900 | -€51,597 | €165,322 | +€216,919 | |
| Operating profit (loss) | 9901 | -€57,353 | €162,682 | +€220,036 | |
| Financial income | 75/76B | €42,188 | €5,257 | -€36,931 | -87.5% |
| Recurring financial income | 75 | €42,188 | €5,257 | -€36,931 | -87.5% |
| Financial charges | 65/66B | €113,462 | €110,510 | -€2,951 | -2.6% |
| Recurring financial charges | 65 | €113,462 | €110,510 | -€2,951 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€128,627 | €57,429 | +€186,056 | |
| Income taxes | 67/77 | €286 | €878 | +€592 | +207% |
| Profit (loss) for the period | 9904 | -€128,913 | €56,551 | +€185,465 | |
| Profit (loss) for the period to be appropriated | 9905 | -€128,913 | €56,551 | +€185,465 |
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 22 October 2026 via checked.be.