MAB TAX: what changed
MAB TAX
Largest movements
- Receivables within one year -€17,509
down €17,509 (-35.5%), from €49,336 to €31,827
of which Other amounts receivable: -€14,166
- Tangible fixed assets +€7,918
up €7,918 (+201%), from €3,934 to €11,852
- Cash +€4,829
up €4,829 (+52.0%), from €9,292 to €14,121
mainly Receivables within one year (+€17,509) and Depreciation (+€4,890)
- Trade debts -€7,865
down €7,865 (-68.4%), from €11,491 to €3,626
- Tax, wage and social debts +€1,842
up €1,842 (+26.7%), from €6,909 to €8,751
of which Remuneration and social security: +€4,301
- Profit (loss) carried forward +€1,260
up €1,260 (+3.6%), from €34,892 to €36,151
- Turnover +€30,022
up €30,022 (+45.9%), from €65,343 to €95,364
- Purchases and services +€18,317
up €18,317 (+42.7%), from €42,858 to €61,175
- Gross operating margin +€11,704
up €11,704 (+52.1%), from €22,485 to €34,189
- Staff costs +€9,357
up €9,357 (+73.8%), from €12,681 to €22,038
- Other operating charges +€4,727
up €4,727 (+770%), from €614 to €5,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,562 | €57,799 | -€4,763 | -7.6% |
| Fixed assets | 21/28 | €3,934 | €11,852 | +€7,918 | +201% |
| Tangible fixed assets | 22/27 | €3,934 | €11,852 | +€7,918 | +201% |
| Furniture and vehicles | 24 | €3,934 | €11,852 | +€7,918 | +201% |
| Current assets | 29/58 | €58,628 | €45,947 | -€12,681 | -21.6% |
| Amounts receivable within one year | 40/41 | €49,336 | €31,827 | -€17,509 | -35.5% |
| Trade receivables | 40 | €25,603 | €22,260 | -€3,343 | -13.1% |
| Other amounts receivable | 41 | €23,733 | €9,566 | -€14,166 | -59.7% |
| Cash at bank and in hand | 54/58 | €9,292 | €14,121 | +€4,829 | +52.0% |
| Total equity and liabilities | 10/49 | €62,562 | €57,799 | -€4,763 | -7.6% |
| Equity | 10/15 | €44,163 | €45,423 | +€1,260 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,071 | €3,071 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,211 | €1,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,892 | €36,151 | +€1,260 | +3.6% |
| Amounts payable | 17/49 | €18,399 | €12,377 | -€6,022 | -32.7% |
| Amounts payable within one year | 42/48 | €18,399 | €12,377 | -€6,022 | -32.7% |
| Trade debts | 44 | €11,491 | €3,626 | -€7,865 | -68.4% |
| Suppliers | 440/4 | €11,491 | €3,626 | -€7,865 | -68.4% |
| Taxes, remuneration and social security | 45 | €6,909 | €8,751 | +€1,842 | +26.7% |
| Taxes | 450/3 | €2,458 | - | -€2,458 | |
| Remuneration and social security | 454/9 | €4,450 | €8,751 | +€4,301 | +96.6% |
| Turnover | 70 | €65,343 | €95,364 | +€30,022 | +45.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,858 | €61,175 | +€18,317 | +42.7% |
| Remuneration, social security and pensions | 62 | €12,681 | €22,038 | +€9,357 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,244 | €4,890 | -€354 | -6.8% |
| Other operating charges | 640/8 | €614 | €5,342 | +€4,727 | +770% |
| Gross operating margin | 9900 | €22,485 | €34,189 | +€11,704 | +52.1% |
| Operating profit (loss) | 9901 | €3,944 | €1,919 | -€2,025 | -51.3% |
| Financial income | 75/76B | - | €366 | +€366 | |
| Recurring financial income | 75 | - | €366 | +€366 | |
| Financial charges | 65/66B | €143 | €196 | +€53 | +37.2% |
| Recurring financial charges | 65 | €143 | €196 | +€53 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €3,801 | €2,089 | -€1,713 | -45.1% |
| Income taxes | 67/77 | - | €829 | +€829 | |
| Profit (loss) for the period | 9904 | €3,801 | €1,260 | -€2,542 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,801 | €1,260 | -€2,542 | -66.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.