M.A.Y.A.: 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.
M.A.Y.A.
Largest movements
- Tangible fixed assets +€14,442
new in 2025: €14,442
- Receivables within one year +€11,670
up €11,670 (+84.4%), from €13,820 to €25,490
of which Trade receivables: +€14,540
- Cash +€9,176
up €9,176 (+157%), from €5,854 to €15,030
mainly Net result for the year (+€25,799) and Tax, wage and social debts (+€12,641)
- Current investments -€4,336
down €4,336 (-57.5%), from €7,544 to €3,208
- Profit (loss) carried forward +€25,799
up €25,799, from -€13,180 to €12,619
- Tax, wage and social debts +€12,641
up €12,641 (+249%), from €5,078 to €17,719
of which Taxes: +€6,918
- Other debts -€5,773
down €5,773 (-29.2%), from €19,789 to €14,016
- Accrued charges and deferred income -€1,470
down €1,470 (-51.0%), from €2,884 to €1,414
- Gross operating margin +€30,256
up €30,256, from -€155 to €30,101
- Taxes +€4,009
up €4,009 (+3,881%), from €103 to €4,112
- Financial income +€911
up €911 (+3,408%), from €27 to €938
- Depreciation +€477
new in 2025: €477
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 | €27,778 | €58,674 | +€30,896 | +111% |
| Fixed assets | 21/28 | - | €14,442 | +€14,442 | |
| Tangible fixed assets | 22/27 | - | €14,442 | +€14,442 | |
| Furniture and vehicles | 24 | - | €14,442 | +€14,442 | |
| Current assets | 29/58 | €27,778 | €44,232 | +€16,454 | +59.2% |
| Amounts receivable within one year | 40/41 | €13,820 | €25,490 | +€11,670 | +84.4% |
| Trade receivables | 40 | €10,950 | €25,490 | +€14,540 | +133% |
| Other amounts receivable | 41 | €2,870 | €0 | -€2,870 | -100% |
| Current investments | 50/53 | €7,544 | €3,208 | -€4,336 | -57.5% |
| Cash at bank and in hand | 54/58 | €5,854 | €15,030 | +€9,176 | +157% |
| Deferred charges and accrued income | 490/1 | €560 | €504 | -€56 | -10.0% |
| Total equity and liabilities | 10/49 | €27,778 | €58,674 | +€30,896 | +111% |
| Equity | 10/15 | -€11,080 | €14,719 | +€25,799 | |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,180 | €12,619 | +€25,799 | |
| Amounts payable | 17/49 | €38,858 | €43,954 | +€5,096 | +13.1% |
| Amounts payable within one year | 42/48 | €35,973 | €42,540 | +€6,567 | +18.3% |
| Trade debts | 44 | €11,106 | €10,805 | -€301 | -2.7% |
| Suppliers | 440/4 | €11,106 | €10,805 | -€301 | -2.7% |
| Taxes, remuneration and social security | 45 | €5,078 | €17,719 | +€12,641 | +249% |
| Taxes | 450/3 | €3,398 | €10,316 | +€6,918 | +204% |
| Remuneration and social security | 454/9 | €1,680 | €7,403 | +€5,723 | +341% |
| Other amounts payable | 47/48 | €19,789 | €14,016 | -€5,773 | -29.2% |
| Accrued charges and deferred income | 492/3 | €2,884 | €1,414 | -€1,470 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €477 | +€477 | |
| Other operating charges | 640/8 | €484 | €395 | -€90 | -18.5% |
| Gross operating margin | 9900 | -€155 | €30,101 | +€30,256 | |
| Operating profit (loss) | 9901 | -€639 | €29,230 | +€29,869 | |
| Financial income | 75/76B | €27 | €938 | +€911 | +3,408% |
| Recurring financial income | 75 | €27 | €938 | +€911 | +3,408% |
| Financial charges | 65/66B | €190 | €256 | +€66 | +35.0% |
| Recurring financial charges | 65 | €190 | €256 | +€66 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€802 | €29,911 | +€30,713 | |
| Income taxes | 67/77 | €103 | €4,112 | +€4,009 | +3,881% |
| Profit (loss) for the period | 9904 | -€905 | €25,799 | +€26,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€905 | €25,799 | +€26,705 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.