MABALIYO: 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.
MABALIYO
Largest movements
- Receivables within one year +€22,151
up €22,151 (+1229.2%), from €1,802 to €23,953
- Cash -€13,032
down €13,032 (-98.7%), from €13,197 to €165
mainly Receivables within one year (-€22,151) and Other debts (-€20,717)
- Tangible fixed assets -€9,702
down €9,702 (-28.1%), from €34,548 to €24,846
of which Furniture and vehicles: -€9,427
- Intangible fixed assets -€1,500
down €1,500 (-10.6%), from €14,121 to €12,621
- Formation expenses -€978
no longer reported in 2024 (was €978)
- Other debts -€20,717
down €20,717 (-74.9%), from €27,672 to €6,955
- Profit (loss) carried forward +€14,547
up €14,547, from -€4,511 to €10,036
- Tax, wage and social debts +€11,892
up €11,892 (+222.4%), from €5,348 to €17,240
of which Taxes: +€10,792
- Debts after one year -€8,485
down €8,485 (-38.4%), from €22,080 to €13,595
- Gross operating margin +€29,868
up €29,868 (+516.2%), from €5,786 to €35,654
- Depreciation +€5,585
up €5,585 (+79.2%), from €7,054 to €12,639
- Taxes +€4,370
up €4,370 (+7048.4%), from €62 to €4,432
- Other operating charges -€990
down €990 (-46.2%), from €2,141 to €1,151
- Financial charges +€670
up €670 (+68.2%), from €982 to €1,652
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,589 | €62,857 | -€2,732 | -4.2% |
| Formation expenses | 20 | €978 | - | -€978 | |
| Fixed assets | 21/28 | €49,499 | €38,297 | -€11,202 | -22.6% |
| Intangible fixed assets | 21 | €14,121 | €12,621 | -€1,500 | -10.6% |
| Tangible fixed assets | 22/27 | €34,548 | €24,846 | -€9,702 | -28.1% |
| Furniture and vehicles | 24 | €33,609 | €24,182 | -€9,427 | -28.0% |
| Other tangible fixed assets | 26 | €939 | €664 | -€275 | -29.3% |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €15,112 | €24,560 | +€9,448 | +62.5% |
| Stocks and contracts in progress | 3 | - | €324 | +€324 | |
| Stocks | 30/36 | - | €324 | +€324 | |
| Amounts receivable within one year | 40/41 | €1,802 | €23,953 | +€22,151 | +1229.2% |
| Trade receivables | 40 | €1,802 | €23,953 | +€22,151 | +1229.2% |
| Cash at bank and in hand | 54/58 | €13,197 | €165 | -€13,032 | -98.7% |
| Deferred charges and accrued income | 490/1 | €113 | €118 | +€5 | +4.4% |
| Total equity and liabilities | 10/49 | €65,589 | €62,857 | -€2,732 | -4.2% |
| Equity | 10/15 | €489 | €15,036 | +€14,547 | +2974.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,511 | €10,036 | +€14,547 | |
| Amounts payable | 17/49 | €65,100 | €47,821 | -€17,279 | -26.5% |
| Amounts payable after more than one year | 17 | €22,080 | €13,595 | -€8,485 | -38.4% |
| Financial debts | 170/4 | €22,080 | €13,595 | -€8,485 | -38.4% |
| Amounts payable within one year | 42/48 | €42,734 | €33,723 | -€9,011 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €8,702 | €8,485 | -€217 | -2.5% |
| Trade debts | 44 | €1,012 | €1,043 | +€31 | +3.1% |
| Suppliers | 440/4 | €1,012 | €1,043 | +€31 | +3.1% |
| Taxes, remuneration and social security | 45 | €5,348 | €17,240 | +€11,892 | +222.4% |
| Taxes | 450/3 | €3,948 | €14,740 | +€10,792 | +273.4% |
| Remuneration and social security | 454/9 | €1,400 | €2,500 | +€1,100 | +78.6% |
| Other amounts payable | 47/48 | €27,672 | €6,955 | -€20,717 | -74.9% |
| Accrued charges and deferred income | 492/3 | €286 | €503 | +€217 | +75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,054 | €12,639 | +€5,585 | +79.2% |
| Other operating charges | 640/8 | €2,141 | €1,151 | -€990 | -46.2% |
| Non-recurring operating charges | 66A | €58 | €1,233 | +€1,175 | +2025.9% |
| Gross operating margin | 9900 | €5,786 | €35,654 | +€29,868 | +516.2% |
| Operating profit (loss) | 9901 | -€3,467 | €20,631 | +€24,098 | |
| Financial charges | 65/66B | €982 | €1,652 | +€670 | +68.2% |
| Recurring financial charges | 65 | €982 | €1,652 | +€670 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,449 | €18,979 | +€23,428 | |
| Income taxes | 67/77 | €62 | €4,432 | +€4,370 | +7048.4% |
| Profit (loss) for the period | 9904 | -€4,511 | €14,547 | +€19,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,511 | €14,547 | +€19,058 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.