Maboli: what changed
Two fiscal 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.
Maboli
Largest movements
- Tangible fixed assets +€52,977
up €52,977 (+251.4%), from €21,077 to €74,054
of which Furniture and vehicles: +€53,966
- Reserves +€129,870
up €129,870 (+16.3%), from €795,624 to €925,494
- Debts after one year -€71,735
down €71,735 (-28.3%), from €253,857 to €182,122
- Financial income +€98,259
up €98,259 (+96.6%), from €101,741 to €200,000
- Taxes +€7,896
up €7,896 (+59.7%), from €13,222 to €21,118
- Depreciation +€3,487
up €3,487 (+23.4%), from €14,914 to €18,401
- Gross operating margin +€1,825
up €1,825 (+6.5%), from €28,001 to €29,826
- Financial charges +€1,215
up €1,215 (+44.9%), from €2,707 to €3,922
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,137,413 | €1,198,353 | +€60,940 | +5.4% |
| Fixed assets | 21/28 | €1,067,383 | €1,120,360 | +€52,977 | +5.0% |
| Tangible fixed assets | 22/27 | €21,077 | €74,054 | +€52,977 | +251.4% |
| Land and buildings | 22 | €661 | - | -€661 | |
| Plant, machinery and equipment | 23 | - | €627 | +€627 | |
| Furniture and vehicles | 24 | €10,114 | €64,080 | +€53,966 | +533.6% |
| Other tangible fixed assets | 26 | €10,302 | €9,347 | -€955 | -9.3% |
| Financial fixed assets | 28 | €1,046,306 | €1,046,306 | -€0 | 0.0% |
| Current assets | 29/58 | €70,030 | €77,993 | +€7,963 | +11.4% |
| Amounts receivable within one year | 40/41 | €15,667 | €26,538 | +€10,871 | +69.4% |
| Trade receivables | 40 | €15,667 | €24,200 | +€8,533 | +54.5% |
| Other amounts receivable | 41 | - | €2,338 | +€2,338 | |
| Cash at bank and in hand | 54/58 | €54,363 | €51,455 | -€2,908 | -5.3% |
| Total equity and liabilities | 10/49 | €1,137,413 | €1,198,353 | +€60,940 | +5.4% |
| Equity | 10/15 | €795,624 | €925,494 | +€129,870 | +16.3% |
| Reserves | 13 | €795,624 | €925,494 | +€129,870 | +16.3% |
| Distributable reserves | 133 | €795,624 | €925,494 | +€129,870 | +16.3% |
| Amounts payable | 17/49 | €341,789 | €272,859 | -€68,930 | -20.2% |
| Amounts payable after more than one year | 17 | €253,857 | €182,122 | -€71,735 | -28.3% |
| Financial debts | 170/4 | €253,857 | €182,122 | -€71,735 | -28.3% |
| Amounts payable within one year | 42/48 | €87,932 | €90,737 | +€2,805 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €82,737 | €71,735 | -€11,002 | -13.3% |
| Trade debts | 44 | - | €4,970 | +€4,970 | |
| Suppliers | 440/4 | - | €4,970 | +€4,970 | |
| Taxes, remuneration and social security | 45 | €4,644 | €14,032 | +€9,388 | +202.2% |
| Taxes | 450/3 | €4,644 | €14,032 | +€9,388 | +202.2% |
| Other amounts payable | 47/48 | €551 | - | -€551 | |
| Non-recurring operating income | 76A | - | €11,533 | +€11,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,914 | €18,401 | +€3,487 | +23.4% |
| Other operating charges | 640/8 | €1,423 | €1,469 | +€46 | +3.3% |
| Gross operating margin | 9900 | €28,001 | €29,826 | +€1,825 | +6.5% |
| Operating profit (loss) | 9901 | €11,665 | €9,956 | -€1,709 | -14.7% |
| Financial income | 75/76B | €101,741 | €200,000 | +€98,259 | +96.6% |
| Recurring financial income | 75 | €101,741 | €200,000 | +€98,259 | +96.6% |
| Financial charges | 65/66B | €2,707 | €3,922 | +€1,215 | +44.9% |
| Recurring financial charges | 65 | €2,707 | €3,922 | +€1,215 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €110,699 | €206,034 | +€95,335 | +86.1% |
| Income taxes | 67/77 | €13,222 | €21,118 | +€7,896 | +59.7% |
| Profit (loss) for the period | 9904 | €97,478 | €184,916 | +€87,438 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,478 | €184,916 | +€87,438 | +89.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.