MABE - Analytics: 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.
MABE - Analytics
Largest movements
- Receivables within one year +€76,494
up €76,494 (+60.5%), from €126,408 to €202,902
- Tangible fixed assets -€15,256
down €15,256 (-47.4%), from €32,211 to €16,955
of which Furniture and vehicles: -€14,696
- Cash -€6,810
down €6,810 (-33.2%), from €20,491 to €13,681
mainly Receivables within one year (-€76,494) and Deferred charges and accrued income (-€3,552)
- Deferred charges and accrued income +€3,552
new in 2025: €3,552
- Reserves +€54,545
up €54,545 (+93.7%), from €58,182 to €112,727
- Trade debts +€2,374
up €2,374 (+58.2%), from €4,079 to €6,453
- Gross operating margin +€13,689
up €13,689 (+16.7%), from €82,125 to €95,814
- Taxes +€12,848
up €12,848 (+127.2%), from €10,097 to €22,944
- Other operating charges -€2,018
no longer reported in 2025 (was €2,018)
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 | €179,110 | €237,091 | +€57,981 | +32.4% |
| Fixed assets | 21/28 | €32,211 | €16,955 | -€15,256 | -47.4% |
| Tangible fixed assets | 22/27 | €32,211 | €16,955 | -€15,256 | -47.4% |
| Plant, machinery and equipment | 23 | €3,858 | €3,298 | -€560 | -14.5% |
| Furniture and vehicles | 24 | €28,353 | €13,657 | -€14,696 | -51.8% |
| Current assets | 29/58 | €146,899 | €220,136 | +€73,237 | +49.9% |
| Amounts receivable within one year | 40/41 | €126,408 | €202,902 | +€76,494 | +60.5% |
| Other amounts receivable | 41 | €126,408 | €202,902 | +€76,494 | +60.5% |
| Cash at bank and in hand | 54/58 | €20,491 | €13,681 | -€6,810 | -33.2% |
| Deferred charges and accrued income | 490/1 | - | €3,552 | +€3,552 | |
| Total equity and liabilities | 10/49 | €179,110 | €237,091 | +€57,981 | +32.4% |
| Equity | 10/15 | €125,458 | €180,651 | +€55,194 | +44.0% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €58,182 | €112,727 | +€54,545 | +93.7% |
| Distributable reserves | 133 | €58,182 | €112,727 | +€54,545 | +93.7% |
| Profit (loss) carried forward | 14 | €62,776 | €63,424 | +€648 | +1.0% |
| Amounts payable | 17/49 | €53,653 | €56,439 | +€2,787 | +5.2% |
| Amounts payable within one year | 42/48 | €51,653 | €54,408 | +€2,756 | +5.3% |
| Trade debts | 44 | €4,079 | €6,453 | +€2,374 | +58.2% |
| Suppliers | 440/4 | €4,079 | €6,453 | +€2,374 | +58.2% |
| Taxes, remuneration and social security | 45 | €47,574 | €47,955 | +€381 | +0.8% |
| Taxes | 450/3 | €47,574 | €47,955 | +€381 | +0.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,031 | +€31 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,213 | €17,626 | +€413 | +2.4% |
| Other operating charges | 640/8 | €2,018 | - | -€2,018 | |
| Gross operating margin | 9900 | €82,125 | €95,814 | +€13,689 | +16.7% |
| Operating profit (loss) | 9901 | €62,894 | €78,188 | +€15,294 | +24.3% |
| Financial charges | 65/66B | €60 | €50 | -€10 | -16.9% |
| Recurring financial charges | 65 | €60 | €50 | -€10 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €62,834 | €78,138 | +€15,305 | +24.4% |
| Income taxes | 67/77 | €10,097 | €22,944 | +€12,848 | +127.2% |
| Profit (loss) for the period | 9904 | €52,737 | €55,194 | +€2,457 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,737 | €55,194 | +€2,457 | +4.7% |
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 11 October 2026 via checked.be.