M.AYDIN: 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.AYDIN
Largest movements
- Receivables after one year +€18,320
new in 2025: €18,320
- Receivables within one year -€10,363
no longer reported in 2025 (was €10,363)
of which Trade receivables: -€10,000
- Tangible fixed assets +€2,046
new in 2025: €2,046
- Tax, wage and social debts +€6,014
up €6,014 (+168%), from €3,572 to €9,586
- Profit (loss) carried forward +€3,131
up €3,131 (+34.5%), from -€9,083 to -€5,952
- Accrued charges and deferred income +€1,300
new in 2025: €1,300
- Trade debts -€579
down €579 (-56.5%), from €1,025 to €446
- Other operating charges +€1,887
up €1,887 (+320%), from €589 to €2,475
- Gross operating margin -€766
down €766 (-11.2%), from €6,824 to €6,058
- Financial income +€377
new in 2025: €377
of which Financial income: +€377
- Financial charges +€190
up €190 (+65.1%), from €292 to €482
of which Non-recurring financial charges: +€289
- Depreciation +€107
up €107 (+44.9%), from €239 to €346
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 | €10,514 | €20,380 | +€9,866 | +93.8% |
| Fixed assets | 21/28 | - | €2,046 | +€2,046 | |
| Tangible fixed assets | 22/27 | - | €2,046 | +€2,046 | |
| Plant, machinery and equipment | 23 | - | €2,046 | +€2,046 | |
| Current assets | 29/58 | €10,514 | €18,334 | +€7,820 | +74.4% |
| Amounts receivable after more than one year | 29 | - | €18,320 | +€18,320 | |
| Trade receivables | 290 | - | €18,320 | +€18,320 | |
| Amounts receivable within one year | 40/41 | €10,363 | - | -€10,363 | |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €363 | - | -€363 | |
| Cash at bank and in hand | 54/58 | €151 | €14 | -€137 | -90.8% |
| Total equity and liabilities | 10/49 | €10,514 | €20,380 | +€9,866 | +93.8% |
| Equity | 10/15 | €5,917 | €9,048 | +€3,131 | +52.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,083 | -€5,952 | +€3,131 | +34.5% |
| Amounts payable | 17/49 | €4,597 | €11,332 | +€6,735 | +147% |
| Amounts payable within one year | 42/48 | €4,597 | €10,032 | +€5,435 | +118% |
| Trade debts | 44 | €1,025 | €446 | -€579 | -56.5% |
| Suppliers | 440/4 | €1,025 | €446 | -€579 | -56.5% |
| Taxes, remuneration and social security | 45 | €3,572 | €9,586 | +€6,014 | +168% |
| Taxes | 450/3 | €3,572 | €9,586 | +€6,014 | +168% |
| Accrued charges and deferred income | 492/3 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239 | €346 | +€107 | +44.9% |
| Other operating charges | 640/8 | €589 | €2,475 | +€1,887 | +320% |
| Gross operating margin | 9900 | €6,824 | €6,058 | -€766 | -11.2% |
| Operating profit (loss) | 9901 | €5,996 | €3,237 | -€2,760 | -46.0% |
| Financial income | 75/76B | - | €377 | +€377 | |
| Recurring financial income | 75 | - | €377 | +€377 | |
| Non-recurring financial income | 76B | - | €377 | +€377 | |
| Financial charges | 65/66B | €292 | €482 | +€190 | +65.1% |
| Recurring financial charges | 65 | €292 | €193 | -€99 | -33.9% |
| Non-recurring financial charges | 66B | - | €289 | +€289 | |
| Profit (loss) for the period before taxes | 9903 | €5,704 | €3,131 | -€2,573 | -45.1% |
| Profit (loss) for the period | 9904 | €5,704 | €3,131 | -€2,573 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,704 | €3,131 | -€2,573 | -45.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.