Mabo cargo: 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.
Mabo cargo
Largest movements
- Receivables within one year +€10,088
up €10,088 (+21,017%), from €48 to €10,136
- Cash +€2,626
up €2,626 (+29.7%), from €8,856 to €11,482
- Tangible fixed assets -€575
down €575 (-3.3%), from €17,373 to €16,798
- Trade debts +€10,924
up €10,924 (+7,569%), from €144 to €11,068
- Other debts +€9,174
up €9,174 (+110%), from €8,333 to €17,507
- Debts after one year -€8,193
down €8,193 (-88.7%), from €9,242 to €1,049
- Profit (loss) carried forward +€779
up €779 (+78.2%), from €997 to €1,776
- Tax, wage and social debts -€565
down €565 (-86.7%), from €652 to €87
- Gross operating margin -€2,046
down €2,046 (-16.1%), from €12,729 to €10,682
- Depreciation +€1,705
up €1,705 (+21.4%), from €7,958 to €9,662
- Other operating charges -€1,112
down €1,112 (-45.0%), from €2,473 to €1,361
- Taxes -€456
down €456 (-97.3%), from €469 to €13
- Financial charges +€271
up €271 (+56.0%), from €484 to €756
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,346 | €38,622 | +€12,275 | +46.6% |
| Fixed assets | 21/28 | €17,373 | €16,798 | -€575 | -3.3% |
| Tangible fixed assets | 22/27 | €17,373 | €16,798 | -€575 | -3.3% |
| Furniture and vehicles | 24 | €17,373 | €16,798 | -€575 | -3.3% |
| Current assets | 29/58 | €8,974 | €21,824 | +€12,850 | +143% |
| Amounts receivable within one year | 40/41 | €48 | €10,136 | +€10,088 | +21,017% |
| Trade receivables | 40 | €48 | €10,136 | +€10,088 | +21,017% |
| Cash at bank and in hand | 54/58 | €8,856 | €11,482 | +€2,626 | +29.7% |
| Deferred charges and accrued income | 490/1 | €70 | €206 | +€136 | +195% |
| Total equity and liabilities | 10/49 | €26,346 | €38,622 | +€12,275 | +46.6% |
| Equity | 10/15 | €3,997 | €4,776 | +€779 | +19.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €997 | €1,776 | +€779 | +78.2% |
| Amounts payable | 17/49 | €22,350 | €33,846 | +€11,496 | +51.4% |
| Amounts payable after more than one year | 17 | €9,242 | €1,049 | -€8,193 | -88.7% |
| Financial debts | 170/4 | €9,242 | €1,049 | -€8,193 | -88.7% |
| Amounts payable within one year | 42/48 | €13,108 | €32,797 | +€19,689 | +150% |
| Current portion of amounts payable after more than one year | 42 | €3,979 | €4,135 | +€156 | +3.9% |
| Trade debts | 44 | €144 | €11,068 | +€10,924 | +7,569% |
| Suppliers | 440/4 | €144 | €11,068 | +€10,924 | +7,569% |
| Taxes, remuneration and social security | 45 | €652 | €87 | -€565 | -86.7% |
| Taxes | 450/3 | €652 | €87 | -€565 | -86.7% |
| Other amounts payable | 47/48 | €8,333 | €17,507 | +€9,174 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,958 | €9,662 | +€1,705 | +21.4% |
| Other operating charges | 640/8 | €2,473 | €1,361 | -€1,112 | -45.0% |
| Gross operating margin | 9900 | €12,729 | €10,682 | -€2,046 | -16.1% |
| Operating profit (loss) | 9901 | €2,298 | -€341 | -€2,639 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €484 | €756 | +€271 | +56.0% |
| Recurring financial charges | 65 | €484 | €756 | +€271 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €1,814 | -€1,086 | -€2,900 | |
| Income taxes | 67/77 | €469 | €13 | -€456 | -97.3% |
| Profit (loss) for the period | 9904 | €1,345 | -€1,099 | -€2,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,345 | -€1,099 | -€2,444 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.