MABOCON: 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.
MABOCON
Largest movements
- Receivables within one year +€22,049
up €22,049 (+7.6%), from €290,172 to €312,221
of which Other amounts receivable: +€11,210
- Cash +€12,413
up €12,413 (+542%), from €2,289 to €14,702
mainly Trade debts (+€21,491) and Net result for the year (+€13,029)
- Trade debts +€21,491
up €21,491 (+10.0%), from €214,619 to €236,110
- Reserves +€13,029
up €13,029 (+23.9%), from €54,529 to €67,557
of which Distributable reserves: +€13,029
- Staff costs -€24,279
down €24,279 (-19.1%), from €127,103 to €102,824
- Gross operating margin +€2,387
up €2,387 (+2.1%), from €112,229 to €114,616
- Financial charges -€1,201
down €1,201 (-79.7%), from €1,507 to €306
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 | €294,723 | €329,045 | +€34,322 | +11.6% |
| Current assets | 29/58 | €294,723 | €329,045 | +€34,322 | +11.6% |
| Amounts receivable within one year | 40/41 | €290,172 | €312,221 | +€22,049 | +7.6% |
| Trade receivables | 40 | €104,568 | €115,407 | +€10,839 | +10.4% |
| Other amounts receivable | 41 | €185,604 | €196,814 | +€11,210 | +6.0% |
| Cash at bank and in hand | 54/58 | €2,289 | €14,702 | +€12,413 | +542% |
| Deferred charges and accrued income | 490/1 | €2,263 | €2,123 | -€140 | -6.2% |
| Total equity and liabilities | 10/49 | €294,723 | €329,045 | +€34,322 | +11.6% |
| Equity | 10/15 | €60,829 | €73,857 | +€13,029 | +21.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €54,529 | €67,557 | +€13,029 | +23.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,669 | €65,697 | +€13,029 | +24.7% |
| Amounts payable | 17/49 | €233,895 | €255,188 | +€21,294 | +9.1% |
| Amounts payable within one year | 42/48 | €233,895 | €255,188 | +€21,294 | +9.1% |
| Trade debts | 44 | €214,619 | €236,110 | +€21,491 | +10.0% |
| Suppliers | 440/4 | €214,619 | €236,110 | +€21,491 | +10.0% |
| Taxes, remuneration and social security | 45 | €15,014 | €14,786 | -€228 | -1.5% |
| Taxes | 450/3 | €0 | €10,033 | +€10,033 | |
| Remuneration and social security | 454/9 | €15,014 | €4,753 | -€10,262 | -68.3% |
| Other amounts payable | 47/48 | €4,261 | €4,293 | +€32 | +0.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €127,103 | €102,824 | -€24,279 | -19.1% |
| Other operating charges | 640/8 | €675 | €681 | +€7 | +1.0% |
| Gross operating margin | 9900 | €112,229 | €114,616 | +€2,387 | +2.1% |
| Operating profit (loss) | 9901 | -€15,549 | €11,111 | +€26,659 | |
| Financial income | 75/76B | €2,126 | €2,224 | +€98 | +4.6% |
| Recurring financial income | 75 | €2,126 | €2,224 | +€98 | +4.6% |
| Financial charges | 65/66B | €1,507 | €306 | -€1,201 | -79.7% |
| Recurring financial charges | 65 | €1,507 | €306 | -€1,201 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,930 | €13,029 | +€27,959 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,930 | €13,029 | +€27,959 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,930 | €13,029 | +€27,959 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.