Mabidon: 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.
Mabidon
Largest movements
- Receivables within one year -€12,589
down €12,589 (-16.0%), from €78,895 to €66,306
of which Other amounts receivable: -€16,711
- Cash +€8,718
up €8,718 (+93.2%), from €9,354 to €18,072
mainly Net result for the year (+€81,518) and Other debts (+€23,315)
- Current investments -€4,000
down €4,000 (-2.4%), from €164,000 to €160,000
- Other debts +€23,315
up €23,315 (+18.4%), from €126,751 to €150,066
- Reserves -€17,885
down €17,885 (-18.0%), from €99,403 to €81,518
- Tax, wage and social debts -€13,675
down €13,675 (-56.0%), from €24,436 to €10,762
- Gross operating margin +€29,724
up €29,724 (+36.1%), from €82,261 to €111,985
- Taxes +€11,526
up €11,526 (+61.2%), from €18,821 to €30,348
- Financial income -€2,814
down €2,814 (-29.3%), from €9,613 to €6,800
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 | €286,284 | €277,934 | -€8,350 | -2.9% |
| Fixed assets | 21/28 | €30,116 | €30,703 | +€588 | +2.0% |
| Tangible fixed assets | 22/27 | €116 | €703 | +€588 | +508% |
| Furniture and vehicles | 24 | €116 | €703 | +€588 | +508% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €256,168 | €247,230 | -€8,937 | -3.5% |
| Amounts receivable within one year | 40/41 | €78,895 | €66,306 | -€12,589 | -16.0% |
| Trade receivables | 40 | €12,818 | €16,940 | +€4,122 | +32.2% |
| Other amounts receivable | 41 | €66,077 | €49,366 | -€16,711 | -25.3% |
| Current investments | 50/53 | €164,000 | €160,000 | -€4,000 | -2.4% |
| Cash at bank and in hand | 54/58 | €9,354 | €18,072 | +€8,718 | +93.2% |
| Deferred charges and accrued income | 490/1 | €3,919 | €2,853 | -€1,066 | -27.2% |
| Total equity and liabilities | 10/49 | €286,284 | €277,934 | -€8,350 | -2.9% |
| Equity | 10/15 | €129,403 | €111,518 | -€17,885 | -13.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €99,403 | €81,518 | -€17,885 | -18.0% |
| Distributable reserves | 133 | €99,403 | €81,518 | -€17,885 | -18.0% |
| Amounts payable | 17/49 | €156,880 | €166,416 | +€9,535 | +6.1% |
| Amounts payable within one year | 42/48 | €152,283 | €161,840 | +€9,557 | +6.3% |
| Trade debts | 44 | €1,096 | €1,012 | -€84 | -7.6% |
| Suppliers | 440/4 | €1,096 | €1,012 | -€84 | -7.6% |
| Taxes, remuneration and social security | 45 | €24,436 | €10,762 | -€13,675 | -56.0% |
| Taxes | 450/3 | €24,436 | €10,762 | -€13,675 | -56.0% |
| Other amounts payable | 47/48 | €126,751 | €150,066 | +€23,315 | +18.4% |
| Accrued charges and deferred income | 492/3 | €4,597 | €4,576 | -€21 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €245 | -€177 | -41.9% |
| Other operating charges | 640/8 | €1,184 | €1,336 | +€152 | +12.8% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €82,261 | €111,985 | +€29,724 | +36.1% |
| Operating profit (loss) | 9901 | €80,656 | €110,289 | +€29,633 | +36.7% |
| Financial income | 75/76B | €9,613 | €6,800 | -€2,814 | -29.3% |
| Recurring financial income | 75 | €9,613 | €6,800 | -€2,814 | -29.3% |
| Financial charges | 65/66B | €5,354 | €5,223 | -€131 | -2.4% |
| Recurring financial charges | 65 | €5,354 | €5,223 | -€131 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €84,915 | €111,866 | +€26,950 | +31.7% |
| Income taxes | 67/77 | €18,821 | €30,348 | +€11,526 | +61.2% |
| Profit (loss) for the period | 9904 | €66,094 | €81,518 | +€15,424 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,094 | €81,518 | +€15,424 | +23.3% |
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 30 October 2026 via checked.be.