MADATIMA: 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.
MADATIMA
Largest movements
- Financial fixed assets +€25,000
up €25,000 (+9.4%), from €264,578 to €289,578
- Other debts +€58,658
up €58,658 (+115.5%), from €50,797 to €109,455
- Debts after one year -€29,513
down €29,513 (-21.6%), from €136,739 to €107,226
- Profit (loss) carried forward -€13,065
down €13,065 (-83.0%), from -€15,744 to -€28,809
- Current portion of long-term debt +€9,281
up €9,281 (+22.8%), from €40,762 to €50,043
- Gross operating margin +€3,472
up €3,472 (+47.6%), from -€7,289 to -€3,818
- Other operating charges +€478
up €478 (+119.5%), from €400 to €878
- Financial charges +€263
up €263 (+3.2%), from €8,154 to €8,418
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.
Cash bridge derived
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 | €265,453 | €290,785 | +€25,332 | +9.5% |
| Fixed assets | 21/28 | €264,578 | €289,578 | +€25,000 | +9.4% |
| Financial fixed assets | 28 | €264,578 | €289,578 | +€25,000 | +9.4% |
| Current assets | 29/58 | €874 | €1,207 | +€332 | +38.0% |
| Amounts receivable within one year | 40/41 | €872 | €1,155 | +€282 | +32.4% |
| Other amounts receivable | 41 | €872 | €1,155 | +€282 | +32.4% |
| Cash at bank and in hand | 54/58 | €2 | €52 | +€50 | +2670.1% |
| Total equity and liabilities | 10/49 | €265,453 | €290,785 | +€25,332 | +9.5% |
| Equity | 10/15 | €9,256 | -€3,809 | -€13,065 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,744 | -€28,809 | -€13,065 | -83.0% |
| Amounts payable | 17/49 | €256,196 | €294,594 | +€38,397 | +15.0% |
| Amounts payable after more than one year | 17 | €136,739 | €107,226 | -€29,513 | -21.6% |
| Financial debts | 170/4 | €136,739 | €107,226 | -€29,513 | -21.6% |
| Amounts payable within one year | 42/48 | €118,882 | €186,914 | +€68,032 | +57.2% |
| Current portion of amounts payable after more than one year | 42 | €40,762 | €50,043 | +€9,281 | +22.8% |
| Financial debts | 43 | €325 | €0 | -€325 | -100.0% |
| Credit institutions | 430/8 | €325 | €0 | -€325 | -100.0% |
| Trade debts | 44 | €26,997 | €27,416 | +€419 | +1.6% |
| Suppliers | 440/4 | €26,997 | €27,416 | +€419 | +1.6% |
| Other amounts payable | 47/48 | €50,797 | €109,455 | +€58,658 | +115.5% |
| Accrued charges and deferred income | 492/3 | €575 | €454 | -€122 | -21.2% |
| Other operating charges | 640/8 | €400 | €878 | +€478 | +119.5% |
| Gross operating margin | 9900 | -€7,289 | -€3,818 | +€3,472 | +47.6% |
| Operating profit (loss) | 9901 | -€7,689 | -€4,696 | +€2,994 | +38.9% |
| Financial income | 75/76B | €100 | €48 | -€52 | -51.8% |
| Recurring financial income | 75 | €100 | €48 | -€52 | -51.8% |
| Financial charges | 65/66B | €8,154 | €8,418 | +€263 | +3.2% |
| Recurring financial charges | 65 | €8,154 | €8,418 | +€263 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,744 | -€13,065 | +€2,679 | +17.0% |
| Profit (loss) for the period | 9904 | -€15,744 | -€13,065 | +€2,679 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,744 | -€13,065 | +€2,679 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.