MADYSANO: 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.
MADYSANO
Largest movements
- Receivables within one year -€10,827
down €10,827 (-4.8%), from €226,784 to €215,957
of which Trade receivables: -€9,499
- Trade debts -€13,697
down €13,697 (-30.2%), from €45,381 to €31,684
- Tax, wage and social debts -€5,846
down €5,846 (-28.9%), from €20,259 to €14,413
- Other debts +€4,733
up €4,733 (+35.3%), from €13,394 to €18,127
- Gross operating margin -€2,552
down €2,552 (-42.3%), from €6,038 to €3,486
- Taxes -€354
down €354 (-40.1%), from €883 to €529
- Financial income +€81
up €81 (+4,788%), from €2 to €83
- Financial charges -€72
down €72 (-3.8%), from €1,880 to €1,809
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 | €229,842 | €217,899 | -€11,943 | -5.2% |
| Fixed assets | 21/28 | €1,800 | €1,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €228,042 | €216,099 | -€11,943 | -5.2% |
| Amounts receivable within one year | 40/41 | €226,784 | €215,957 | -€10,827 | -4.8% |
| Trade receivables | 40 | €225,096 | €215,597 | -€9,499 | -4.2% |
| Other amounts receivable | 41 | €1,688 | €360 | -€1,328 | -78.7% |
| Cash at bank and in hand | 54/58 | €801 | €142 | -€659 | -82.3% |
| Deferred charges and accrued income | 490/1 | €457 | - | -€457 | |
| Total equity and liabilities | 10/49 | €229,842 | €217,899 | -€11,943 | -5.2% |
| Equity | 10/15 | €150,808 | €151,675 | +€867 | +0.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,808 | €96,675 | +€867 | +0.9% |
| Amounts payable | 17/49 | €79,034 | €66,224 | -€12,810 | -16.2% |
| Amounts payable within one year | 42/48 | €79,034 | €66,224 | -€12,810 | -16.2% |
| Trade debts | 44 | €45,381 | €31,684 | -€13,697 | -30.2% |
| Suppliers | 440/4 | €45,381 | €31,684 | -€13,697 | -30.2% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €20,259 | €14,413 | -€5,846 | -28.9% |
| Taxes | 450/3 | €20,259 | €14,413 | -€5,846 | -28.9% |
| Other amounts payable | 47/48 | €13,394 | €18,127 | +€4,733 | +35.3% |
| Other operating charges | 640/8 | €365 | €364 | -€1 | -0.3% |
| Gross operating margin | 9900 | €6,038 | €3,486 | -€2,552 | -42.3% |
| Operating profit (loss) | 9901 | €5,673 | €3,122 | -€2,551 | -45.0% |
| Financial income | 75/76B | €2 | €83 | +€81 | +4,788% |
| Recurring financial income | 75 | €2 | €83 | +€81 | +4,788% |
| Financial charges | 65/66B | €1,880 | €1,809 | -€72 | -3.8% |
| Recurring financial charges | 65 | €1,880 | €1,809 | -€72 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €3,794 | €1,396 | -€2,398 | -63.2% |
| Income taxes | 67/77 | €883 | €529 | -€354 | -40.1% |
| Profit (loss) for the period | 9904 | €2,911 | €867 | -€2,044 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,911 | €867 | -€2,044 | -70.2% |
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 23 October 2026 via checked.be.