LE MASS: 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.
LE MASS
Largest movements
- Receivables within one year +€9,970
up €9,970 (+7476.4%), from €133 to €10,103
of which Trade receivables: +€10,099
- Cash -€7,733
down €7,733 (-91.1%), from €8,489 to €756
mainly Net result for the year (-€18,796) and Receivables within one year (-€9,970)
- Tangible fixed assets -€1,556
down €1,556 (-28.9%), from €5,373 to €3,818
of which Furniture and vehicles: -€1,155
- Stocks and contracts +€596
up €596 (+10.1%), from €5,905 to €6,502
- Profit (loss) carried forward -€18,796
down €18,796 (-172.6%), from -€10,890 to -€29,686
- Trade debts +€14,895
up €14,895 (+226.2%), from €6,586 to €21,480
- Tax, wage and social debts +€12,787
up €12,787 (+258.8%), from €4,941 to €17,728
of which Taxes: +€10,548
- Other debts -€9,564
down €9,564 (-98.6%), from €9,695 to €132
- Current portion of long-term debt +€2,000
new in 2025: €2,000
- Financial charges +€4,922
up €4,922 (+313.1%), from €1,572 to €6,494
- Staff costs -€4,794
down €4,794 (-8.5%), from €56,139 to €51,346
- Gross operating margin -€3,700
down €3,700 (-7.9%), from €46,971 to €43,271
- Other operating charges +€1,277
up €1,277 (+91.6%), from €1,394 to €2,671
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 | €20,332 | €21,653 | +€1,322 | +6.5% |
| Fixed assets | 21/28 | €5,655 | €4,100 | -€1,556 | -27.5% |
| Tangible fixed assets | 22/27 | €5,373 | €3,818 | -€1,556 | -28.9% |
| Land and buildings | 22 | €1,894 | €1,665 | -€229 | -12.1% |
| Plant, machinery and equipment | 23 | €616 | €444 | -€172 | -27.9% |
| Furniture and vehicles | 24 | €2,864 | €1,709 | -€1,155 | -40.3% |
| Financial fixed assets | 28 | €282 | €282 | = | 0.0% |
| Current assets | 29/58 | €14,676 | €17,554 | +€2,877 | +19.6% |
| Stocks and contracts in progress | 3 | €5,905 | €6,502 | +€596 | +10.1% |
| Stocks | 30/36 | €5,905 | €6,502 | +€596 | +10.1% |
| Amounts receivable within one year | 40/41 | €133 | €10,103 | +€9,970 | +7476.4% |
| Trade receivables | 40 | - | €10,099 | +€10,099 | |
| Other amounts receivable | 41 | €133 | €4 | -€129 | -96.7% |
| Cash at bank and in hand | 54/58 | €8,489 | €756 | -€7,733 | -91.1% |
| Deferred charges and accrued income | 490/1 | €149 | €193 | +€44 | +29.8% |
| Total equity and liabilities | 10/49 | €20,332 | €21,653 | +€1,322 | +6.5% |
| Equity | 10/15 | -€890 | -€19,686 | -€18,796 | -2111.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,890 | -€29,686 | -€18,796 | -172.6% |
| Amounts payable | 17/49 | €21,222 | €41,340 | +€20,118 | +94.8% |
| Amounts payable within one year | 42/48 | €21,222 | €41,340 | +€20,118 | +94.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,000 | +€2,000 | |
| Trade debts | 44 | €6,586 | €21,480 | +€14,895 | +226.2% |
| Suppliers | 440/4 | €6,586 | €21,480 | +€14,895 | +226.2% |
| Taxes, remuneration and social security | 45 | €4,941 | €17,728 | +€12,787 | +258.8% |
| Taxes | 450/3 | €926 | €11,474 | +€10,548 | +1139.1% |
| Remuneration and social security | 454/9 | €4,015 | €6,254 | +€2,240 | +55.8% |
| Other amounts payable | 47/48 | €9,695 | €132 | -€9,564 | -98.6% |
| Remuneration, social security and pensions | 62 | €56,139 | €51,346 | -€4,794 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,380 | €1,556 | +€176 | +12.7% |
| Other operating charges | 640/8 | €1,394 | €2,671 | +€1,277 | +91.6% |
| Gross operating margin | 9900 | €46,971 | €43,271 | -€3,700 | -7.9% |
| Operating profit (loss) | 9901 | -€11,943 | -€12,302 | -€359 | -3.0% |
| Financial charges | 65/66B | €1,572 | €6,494 | +€4,922 | +313.1% |
| Recurring financial charges | 65 | €1,572 | €6,494 | +€4,922 | +313.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,515 | -€18,796 | -€5,282 | -39.1% |
| Income taxes | 67/77 | -€74 | - | +€74 | |
| Profit (loss) for the period | 9904 | -€13,441 | -€18,796 | -€5,356 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,441 | -€18,796 | -€5,356 | -39.8% |
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 4 October 2026 via checked.be.