MABOTTE: 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.
MABOTTE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€147,298
down €147,298 (-41.5%), from -€355,228 to -€502,526
- Short-term financial debts +€117,776
up €117,776 (+3.8%), from €3.1m to €3.2m
- Gross operating margin +€30,273
up €30,273 (+78.0%), from -€38,826 to -€8,553
- Financial charges -€30,074
down €30,074 (-18.0%), from €166,956 to €136,882
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 | €4,655,046 | €4,671,004 | +€15,958 | +0.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €4,655,046 | €4,671,004 | +€15,958 | +0.3% |
| Stocks and contracts in progress | 3 | €4,618,406 | €4,631,105 | +€12,699 | +0.3% |
| Stocks | 30/36 | €4,618,406 | €4,631,105 | +€12,699 | +0.3% |
| Amounts receivable within one year | 40/41 | €36,221 | €39,420 | +€3,199 | +8.8% |
| Trade receivables | 40 | €30,965 | €26,172 | -€4,793 | -15.5% |
| Other amounts receivable | 41 | €5,256 | €13,248 | +€7,992 | +152% |
| Cash at bank and in hand | 54/58 | €419 | €480 | +€61 | +14.5% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €4,655,046 | €4,671,004 | +€15,958 | +0.3% |
| Equity | 10/15 | €644,772 | €497,474 | -€147,298 | -22.8% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€355,228 | -€502,526 | -€147,298 | -41.5% |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,010,274 | €4,173,530 | +€163,256 | +4.1% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €3,999,628 | €4,164,626 | +€164,998 | +4.1% |
| Financial debts | 43 | €3,104,205 | €3,221,981 | +€117,776 | +3.8% |
| Credit institutions | 430/8 | €3,104,205 | €3,221,981 | +€117,776 | +3.8% |
| Trade debts | 44 | €25,759 | €37,054 | +€11,294 | +43.8% |
| Suppliers | 440/4 | €25,759 | €37,054 | +€11,294 | +43.8% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €869,663 | €905,591 | +€35,928 | +4.1% |
| Accrued charges and deferred income | 492/3 | €10,646 | €8,904 | -€1,742 | -16.4% |
| Other operating charges | 640/8 | €1,817 | €1,863 | +€46 | +2.5% |
| Gross operating margin | 9900 | -€38,826 | -€8,553 | +€30,273 | +78.0% |
| Operating profit (loss) | 9901 | -€40,642 | -€10,416 | +€30,227 | +74.4% |
| Financial charges | 65/66B | €166,956 | €136,882 | -€30,074 | -18.0% |
| Recurring financial charges | 65 | €166,956 | €136,882 | -€30,074 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€207,599 | -€147,298 | +€60,301 | +29.0% |
| Profit (loss) for the period | 9904 | -€207,599 | -€147,298 | +€60,301 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€207,599 | -€147,298 | +€60,301 | +29.0% |
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 18 October 2026 via checked.be.