MABA CORPORATION: 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.
MABA CORPORATION
Largest movements
- Receivables within one year -€24,637
down €24,637 (-72.0%), from €34,229 to €9,592
of which Trade receivables: -€31,711
- Tangible fixed assets -€1,273
down €1,273 (-24.6%), from €5,181 to €3,908
of which Other tangible fixed assets: -€640
- Deferred charges and accrued income +€1,102
up €1,102 (+2,629%), from €42 to €1,144
- Cash +€513
up €513 (+24.7%), from €2,075 to €2,588
mainly Receivables within one year (+€24,637) and Depreciation (+€1,273)
- Trade debts -€14,879
down €14,879 (-42.5%), from €35,012 to €20,133
- Profit (loss) carried forward -€6,928
down €6,928 (-652%), from -€1,062 to -€7,990
- Tax, wage and social debts -€1,271
down €1,271 (-50.5%), from €2,518 to €1,246
- Debts after one year -€930
no longer reported in 2025 (was €930)
- Gross operating margin -€7,298
down €7,298, from €3,621 to -€3,677
- Taxes -€1,164
down €1,164 (-94.6%), from €1,231 to €66
- Financial charges +€530
up €530 (+62.0%), from €855 to €1,385
- Depreciation +€417
up €417 (+48.7%), from €856 to €1,273
- Other operating charges +€156
up €156 (+40.0%), from €390 to €546
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 | €41,683 | €17,388 | -€24,295 | -58.3% |
| Fixed assets | 21/28 | €5,337 | €4,064 | -€1,273 | -23.9% |
| Tangible fixed assets | 22/27 | €5,181 | €3,908 | -€1,273 | -24.6% |
| Plant, machinery and equipment | 23 | €969 | €728 | -€241 | -24.8% |
| Furniture and vehicles | 24 | €1,243 | €850 | -€393 | -31.6% |
| Other tangible fixed assets | 26 | €2,969 | €2,329 | -€640 | -21.5% |
| Financial fixed assets | 28 | €156 | €156 | = | 0.0% |
| Current assets | 29/58 | €36,346 | €13,324 | -€23,022 | -63.3% |
| Amounts receivable within one year | 40/41 | €34,229 | €9,592 | -€24,637 | -72.0% |
| Trade receivables | 40 | €32,552 | €841 | -€31,711 | -97.4% |
| Other amounts receivable | 41 | €1,677 | €8,751 | +€7,074 | +422% |
| Cash at bank and in hand | 54/58 | €2,075 | €2,588 | +€513 | +24.7% |
| Deferred charges and accrued income | 490/1 | €42 | €1,144 | +€1,102 | +2,629% |
| Total equity and liabilities | 10/49 | €41,683 | €17,388 | -€24,295 | -58.3% |
| Equity | 10/15 | €1,938 | -€4,990 | -€6,928 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,062 | -€7,990 | -€6,928 | -652% |
| Amounts payable | 17/49 | €39,746 | €22,379 | -€17,367 | -43.7% |
| Amounts payable after more than one year | 17 | €930 | - | -€930 | |
| Financial debts | 170/4 | €930 | - | -€930 | |
| Amounts payable within one year | 42/48 | €38,712 | €22,310 | -€16,402 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €1,182 | €930 | -€251 | -21.3% |
| Trade debts | 44 | €35,012 | €20,133 | -€14,879 | -42.5% |
| Suppliers | 440/4 | €35,012 | €20,133 | -€14,879 | -42.5% |
| Taxes, remuneration and social security | 45 | €2,518 | €1,246 | -€1,271 | -50.5% |
| Taxes | 450/3 | €2,518 | €1,246 | -€1,271 | -50.5% |
| Accrued charges and deferred income | 492/3 | €104 | €68 | -€35 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €1,273 | +€417 | +48.7% |
| Other operating charges | 640/8 | €390 | €546 | +€156 | +40.0% |
| Gross operating margin | 9900 | €3,621 | -€3,677 | -€7,298 | |
| Operating profit (loss) | 9901 | €2,375 | -€5,496 | -€7,871 | |
| Financial income | 75/76B | €136 | €19 | -€117 | -85.9% |
| Recurring financial income | 75 | €136 | €19 | -€117 | -85.9% |
| Financial charges | 65/66B | €855 | €1,385 | +€530 | +62.0% |
| Recurring financial charges | 65 | €855 | €1,385 | +€530 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €1,656 | -€6,862 | -€8,518 | |
| Income taxes | 67/77 | €1,231 | €66 | -€1,164 | -94.6% |
| Profit (loss) for the period | 9904 | €425 | -€6,928 | -€7,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €425 | -€6,928 | -€7,353 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.