MAB COM: 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.
MAB COM
Largest movements
- Receivables within one year +€23,142
up €23,142 (+51.3%), from €45,105 to €68,247
- Tangible fixed assets +€11,402
up €11,402 (+941.5%), from €1,211 to €12,613
- Trade debts +€30,236
up €30,236 (+4651.7%), from €650 to €30,886
- Tax, wage and social debts +€3,461
up €3,461 (+20.9%), from €16,544 to €20,005
- Gross operating margin -€12,825
down €12,825 (-35.8%), from €35,871 to €23,046
- Depreciation +€5,684
up €5,684 (+621.9%), from €914 to €6,598
- Taxes -€5,527
down €5,527 (-52.7%), from €10,488 to €4,961
- Other operating charges +€2,826
up €2,826 (+35.1%), from €8,042 to €10,868
- Financial income -€1,107
no longer reported in 2025 (was €1,107)
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 | €65,713 | €99,909 | +€34,196 | +52.0% |
| Fixed assets | 21/28 | €1,211 | €12,613 | +€11,402 | +941.5% |
| Tangible fixed assets | 22/27 | €1,211 | €12,613 | +€11,402 | +941.5% |
| Furniture and vehicles | 24 | €1,211 | €12,613 | +€11,402 | +941.5% |
| Current assets | 29/58 | €64,502 | €87,296 | +€22,794 | +35.3% |
| Amounts receivable after more than one year | 29 | €19,048 | €19,049 | +€1 | 0.0% |
| Other amounts receivable | 291 | €19,048 | €19,049 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €45,105 | €68,247 | +€23,142 | +51.3% |
| Other amounts receivable | 41 | €45,105 | €68,247 | +€23,142 | +51.3% |
| Cash at bank and in hand | 54/58 | €151 | - | -€151 | |
| Deferred charges and accrued income | 490/1 | €198 | - | -€198 | |
| Total equity and liabilities | 10/49 | €65,713 | €99,909 | +€34,196 | +52.0% |
| Equity | 10/15 | €48,519 | €48,999 | +€480 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322 | €322 | = | 0.0% |
| Non-distributable reserves | 130/1 | €322 | €322 | = | 0.0% |
| Reserves not available under the articles | 1311 | €322 | €322 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,597 | €30,077 | +€480 | +1.6% |
| Amounts payable | 17/49 | €17,194 | €50,910 | +€33,716 | +196.1% |
| Amounts payable within one year | 42/48 | €17,194 | €50,910 | +€33,716 | +196.1% |
| Financial debts | 43 | - | €19 | +€19 | |
| Credit institutions | 430/8 | - | €19 | +€19 | |
| Trade debts | 44 | €650 | €30,886 | +€30,236 | +4651.7% |
| Suppliers | 440/4 | €650 | €30,886 | +€30,236 | +4651.7% |
| Taxes, remuneration and social security | 45 | €16,544 | €20,005 | +€3,461 | +20.9% |
| Taxes | 450/3 | €16,544 | €20,005 | +€3,461 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914 | €6,598 | +€5,684 | +621.9% |
| Other operating charges | 640/8 | €8,042 | €10,868 | +€2,826 | +35.1% |
| Gross operating margin | 9900 | €35,871 | €23,046 | -€12,825 | -35.8% |
| Operating profit (loss) | 9901 | €26,915 | €5,580 | -€21,335 | -79.3% |
| Financial income | 75/76B | €1,107 | - | -€1,107 | |
| Recurring financial income | 75 | €1,107 | - | -€1,107 | |
| Financial charges | 65/66B | €217 | €139 | -€78 | -35.9% |
| Recurring financial charges | 65 | €217 | €139 | -€78 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €27,805 | €5,441 | -€22,364 | -80.4% |
| Income taxes | 67/77 | €10,488 | €4,961 | -€5,527 | -52.7% |
| Profit (loss) for the period | 9904 | €17,317 | €480 | -€16,837 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,317 | €480 | -€16,837 | -97.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.