MaBo Global: 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 Global
Largest movements
- Tangible fixed assets -€6,207
down €6,207 (-23.5%), from €26,423 to €20,216
- Cash -€4,430
down €4,430 (-65.1%), from €6,802 to €2,372
mainly Debts after one year (-€8,485) and Tax, wage and social debts (-€3,237)
- Receivables within one year -€1,008
down €1,008 (-26.9%), from €3,750 to €2,741
of which Other amounts receivable: -€516
- Deferred charges and accrued income +€977
up €977 (+153%), from €639 to €1,616
- Debts after one year -€8,485
down €8,485 (-74.3%), from €11,413 to €2,927
- Tax, wage and social debts -€3,237
down €3,237 (-80.8%), from €4,007 to €770
- Profit (loss) carried forward -€2,943
new in 2025: -€2,943
- Trade debts +€2,914
up €2,914 (+73.7%), from €3,953 to €6,867
- Current portion of long-term debt +€1,082
up €1,082 (+13.4%), from €8,057 to €9,140
- Gross operating margin +€8,482
up €8,482, from -€546 to €7,936
- Depreciation +€464
up €464 (+5.9%), from €7,833 to €8,297
- Financial charges +€429
up €429 (+29.5%), from €1,453 to €1,883
- Other operating charges -€424
down €424 (-37.7%), from €1,123 to €699
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 | €37,614 | €26,945 | -€10,669 | -28.4% |
| Fixed assets | 21/28 | €26,423 | €20,216 | -€6,207 | -23.5% |
| Tangible fixed assets | 22/27 | €26,423 | €20,216 | -€6,207 | -23.5% |
| Plant, machinery and equipment | 23 | €26,423 | €20,216 | -€6,207 | -23.5% |
| Current assets | 29/58 | €11,191 | €6,730 | -€4,462 | -39.9% |
| Amounts receivable within one year | 40/41 | €3,750 | €2,741 | -€1,008 | -26.9% |
| Trade receivables | 40 | €3,233 | €2,741 | -€492 | -15.2% |
| Other amounts receivable | 41 | €516 | €0 | -€516 | -100% |
| Cash at bank and in hand | 54/58 | €6,802 | €2,372 | -€4,430 | -65.1% |
| Deferred charges and accrued income | 490/1 | €639 | €1,616 | +€977 | +153% |
| Total equity and liabilities | 10/49 | €37,614 | €26,945 | -€10,669 | -28.4% |
| Equity | 10/15 | €9,666 | €6,723 | -€2,943 | -30.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,666 | €4,666 | = | 0.0% |
| Distributable reserves | 133 | €4,666 | €4,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,943 | -€2,943 | |
| Amounts payable | 17/49 | €27,949 | €20,223 | -€7,726 | -27.6% |
| Amounts payable after more than one year | 17 | €11,413 | €2,927 | -€8,485 | -74.3% |
| Financial debts | 170/4 | €11,413 | €2,927 | -€8,485 | -74.3% |
| Amounts payable within one year | 42/48 | €16,536 | €17,295 | +€760 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €8,057 | €9,140 | +€1,082 | +13.4% |
| Trade debts | 44 | €3,953 | €6,867 | +€2,914 | +73.7% |
| Suppliers | 440/4 | €3,953 | €6,867 | +€2,914 | +73.7% |
| Taxes, remuneration and social security | 45 | €4,007 | €770 | -€3,237 | -80.8% |
| Taxes | 450/3 | €4,007 | €770 | -€3,237 | -80.8% |
| Other amounts payable | 47/48 | €518 | €518 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,833 | €8,297 | +€464 | +5.9% |
| Other operating charges | 640/8 | €1,123 | €699 | -€424 | -37.7% |
| Gross operating margin | 9900 | -€546 | €7,936 | +€8,482 | |
| Operating profit (loss) | 9901 | -€9,502 | -€1,060 | +€8,441 | +88.8% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.9% |
| Financial charges | 65/66B | €1,453 | €1,883 | +€429 | +29.5% |
| Recurring financial charges | 65 | €1,453 | €1,883 | +€429 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,947 | -€2,943 | +€8,003 | +73.1% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€10,947 | -€2,943 | +€8,003 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,947 | -€2,943 | +€8,003 | +73.1% |
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 19 October 2026 via checked.be.