MABLOCK: 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.
MABLOCK
Largest movements
- Cash +€57,600
up €57,600 (+23.3%), from €247,071 to €304,671
mainly Net result for the year (+€60,808) and Depreciation (+€11,386)
- Tangible fixed assets -€11,386
down €11,386 (-28.7%), from €39,728 to €28,342
of which Furniture and vehicles: -€10,406
- Reserves +€60,808
up €60,808 (+23.0%), from €264,591 to €325,399
- Other debts -€18,052
down €18,052 (-88.4%), from €20,430 to €2,378
- Tax, wage and social debts +€5,260
up €5,260 (+77.2%), from €6,816 to €12,076
of which Taxes: +€2,760
- Gross operating margin +€8,277
up €8,277 (+9.2%), from €90,204 to €98,482
- Other operating charges +€2,208
up €2,208 (+438%), from €504 to €2,712
- Taxes +€1,770
up €1,770 (+8.2%), from €21,687 to €23,457
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 | €292,336 | €340,309 | +€47,973 | +16.4% |
| Fixed assets | 21/28 | €39,758 | €28,372 | -€11,386 | -28.6% |
| Tangible fixed assets | 22/27 | €39,728 | €28,342 | -€11,386 | -28.7% |
| Furniture and vehicles | 24 | €34,488 | €24,082 | -€10,406 | -30.2% |
| Other tangible fixed assets | 26 | €5,240 | €4,260 | -€980 | -18.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €252,578 | €311,937 | +€59,359 | +23.5% |
| Amounts receivable within one year | 40/41 | €4,806 | €5,236 | +€429 | +8.9% |
| Trade receivables | 40 | €15 | €2,330 | +€2,315 | +15,239% |
| Other amounts receivable | 41 | €4,791 | €2,906 | -€1,886 | -39.4% |
| Cash at bank and in hand | 54/58 | €247,071 | €304,671 | +€57,600 | +23.3% |
| Deferred charges and accrued income | 490/1 | €701 | €2,031 | +€1,330 | +190% |
| Total equity and liabilities | 10/49 | €292,336 | €340,309 | +€47,973 | +16.4% |
| Equity | 10/15 | €264,592 | €325,400 | +€60,808 | +23.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €264,591 | €325,399 | +€60,808 | +23.0% |
| Distributable reserves | 133 | €264,591 | €325,399 | +€60,808 | +23.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,745 | €14,910 | -€12,835 | -46.3% |
| Amounts payable within one year | 42/48 | €27,745 | €14,842 | -€12,903 | -46.5% |
| Trade debts | 44 | €498 | €388 | -€110 | -22.1% |
| Suppliers | 440/4 | €498 | €388 | -€110 | -22.1% |
| Taxes, remuneration and social security | 45 | €6,816 | €12,076 | +€5,260 | +77.2% |
| Taxes | 450/3 | €6,816 | €9,576 | +€2,760 | +40.5% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €20,430 | €2,378 | -€18,052 | -88.4% |
| Accrued charges and deferred income | 492/3 | - | €68 | +€68 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,334 | €11,386 | +€53 | +0.5% |
| Other operating charges | 640/8 | €504 | €2,712 | +€2,208 | +438% |
| Gross operating margin | 9900 | €90,204 | €98,482 | +€8,277 | +9.2% |
| Operating profit (loss) | 9901 | €78,367 | €84,384 | +€6,017 | +7.7% |
| Financial charges | 65/66B | €169 | €119 | -€50 | -29.5% |
| Recurring financial charges | 65 | €169 | €119 | -€50 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €78,198 | €84,265 | +€6,067 | +7.8% |
| Income taxes | 67/77 | €21,687 | €23,457 | +€1,770 | +8.2% |
| Profit (loss) for the period | 9904 | €56,511 | €60,808 | +€4,297 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,511 | €60,808 | +€4,297 | +7.6% |
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 20 October 2026 via checked.be.