MABELLA: 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.
MABELLA
Largest movements
- Cash -€14,832
down €14,832 (-72.4%), from €20,498 to €5,666
mainly Tax, wage and social debts (-€30,291) and Net result for the year (-€11,709)
- Tangible fixed assets -€4,320
down €4,320 (-78.0%), from €5,538 to €1,218
of which Furniture and vehicles: -€4,140
- Stocks and contracts -€2,125
down €2,125 (-4.8%), from €44,177 to €42,052
- Tax, wage and social debts -€30,291
down €30,291 (-74.0%), from €40,929 to €10,638
of which Remuneration and social security: -€24,776
- Trade debts +€22,342
up €22,342 (+363.1%), from €6,153 to €28,495
- Profit (loss) carried forward -€11,709
down €11,709 (-407.3%), from -€2,875 to -€14,584
- Other debts -€1,430
down €1,430 (-9.0%), from €15,858 to €14,428
- Purchases and services +€234,525
new in 2024: €234,525
- Turnover +€190,566
up €190,566 (+395.4%), from €48,199 to €238,766
- Gross operating margin -€43,959
down €43,959 (-91.2%), from €48,199 to €4,241
- Staff costs -€40,692
down €40,692 (-76.2%), from €53,379 to €12,686
- Taxes -€4,053
no longer reported in 2024 (was €4,053)
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 | €80,525 | €59,437 | -€21,088 | -26.2% |
| Fixed assets | 21/28 | €11,288 | €6,968 | -€4,320 | -38.3% |
| Tangible fixed assets | 22/27 | €5,538 | €1,218 | -€4,320 | -78.0% |
| Plant, machinery and equipment | 23 | €1,398 | €1,218 | -€180 | -12.9% |
| Furniture and vehicles | 24 | €4,140 | - | -€4,140 | |
| Financial fixed assets | 28 | €5,750 | €5,750 | = | 0.0% |
| Current assets | 29/58 | €69,237 | €52,469 | -€16,768 | -24.2% |
| Stocks and contracts in progress | 3 | €44,177 | €42,052 | -€2,125 | -4.8% |
| Stocks | 30/36 | €44,177 | €42,052 | -€2,125 | -4.8% |
| Amounts receivable within one year | 40/41 | €4,562 | €4,751 | +€189 | +4.1% |
| Other amounts receivable | 41 | €4,562 | €4,751 | +€189 | +4.1% |
| Cash at bank and in hand | 54/58 | €20,498 | €5,666 | -€14,832 | -72.4% |
| Total equity and liabilities | 10/49 | €80,525 | €59,437 | -€21,088 | -26.2% |
| Equity | 10/15 | €17,585 | €5,876 | -€11,709 | -66.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,875 | -€14,584 | -€11,709 | -407.3% |
| Amounts payable | 17/49 | €62,940 | €53,561 | -€9,379 | -14.9% |
| Amounts payable within one year | 42/48 | €62,940 | €53,561 | -€9,379 | -14.9% |
| Trade debts | 44 | €6,153 | €28,495 | +€22,342 | +363.1% |
| Suppliers | 440/4 | €6,153 | €28,495 | +€22,342 | +363.1% |
| Taxes, remuneration and social security | 45 | €40,929 | €10,638 | -€30,291 | -74.0% |
| Taxes | 450/3 | €10,996 | €5,480 | -€5,516 | -50.2% |
| Remuneration and social security | 454/9 | €29,933 | €5,157 | -€24,776 | -82.8% |
| Other amounts payable | 47/48 | €15,858 | €14,428 | -€1,430 | -9.0% |
| Turnover | 70 | €48,199 | €238,766 | +€190,566 | +395.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €234,525 | +€234,525 | |
| Remuneration, social security and pensions | 62 | €53,379 | €12,686 | -€40,692 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,320 | €4,320 | = | 0.0% |
| Other operating charges | 640/8 | €747 | €153 | -€595 | -79.6% |
| Gross operating margin | 9900 | €48,199 | €4,241 | -€43,959 | -91.2% |
| Operating profit (loss) | 9901 | -€10,246 | -€12,918 | -€2,672 | -26.1% |
| Financial income | 75/76B | - | €1,344 | +€1,344 | |
| Recurring financial income | 75 | - | €1,344 | +€1,344 | |
| Non-recurring financial income | 76B | - | €1,344 | +€1,344 | |
| Financial charges | 65/66B | €161 | €135 | -€26 | -16.0% |
| Recurring financial charges | 65 | €161 | €135 | -€26 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,407 | -€11,709 | -€1,302 | -12.5% |
| Income taxes | 67/77 | €4,053 | - | -€4,053 | |
| Profit (loss) for the period | 9904 | -€14,460 | -€11,709 | +€2,752 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,460 | -€11,709 | +€2,752 | +19.0% |
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 7 October 2026 via checked.be.