MAFIKA: 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.
MAFIKA
Largest movements
- Cash +€13,023
up €13,023 (+206.7%), from €6,300 to €19,322
mainly Net result for the year (+€12,771) and Tax, wage and social debts (+€1,025)
- Reserves +€12,500
up €12,500 (+75.8%), from €16,498 to €28,998
of which Distributable reserves: +€12,500
- Gross operating margin +€6,380
up €6,380 (+44.8%), from €14,249 to €20,630
- Purchases and services -€6,219
down €6,219 (-21.8%), from €28,515 to €22,296
- Taxes +€1,880
up €1,880 (+65.4%), from €2,875 to €4,755
- Turnover +€501
up €501 (+1.3%), from €39,061 to €39,562
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,986 | €120,358 | +€13,372 | +12.5% |
| Fixed assets | 21/28 | €87 | €0 | -€87 | -100.0% |
| Tangible fixed assets | 22/27 | €87 | €0 | -€87 | -100.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €87 | €0 | -€87 | -100.0% |
| Current assets | 29/58 | €106,898 | €120,358 | +€13,459 | +12.6% |
| Amounts receivable within one year | 40/41 | €11 | €11 | = | 0.0% |
| Other amounts receivable | 41 | €11 | €11 | = | 0.0% |
| Current investments | 50/53 | €100,151 | €100,571 | +€421 | +0.4% |
| Cash at bank and in hand | 54/58 | €6,300 | €19,322 | +€13,023 | +206.7% |
| Deferred charges and accrued income | 490/1 | €437 | €453 | +€16 | +3.7% |
| Total equity and liabilities | 10/49 | €106,986 | €120,358 | +€13,372 | +12.5% |
| Equity | 10/15 | €106,562 | €119,333 | +€12,771 | +12.0% |
| Contributions | 10/11 | €64,477 | €64,477 | = | 0.0% |
| Reserves | 13 | €16,498 | €28,998 | +€12,500 | +75.8% |
| Non-distributable reserves | 130/1 | €1,052 | €1,052 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,052 | €1,052 | = | 0.0% |
| Distributable reserves | 133 | €15,445 | €27,945 | +€12,500 | +80.9% |
| Profit (loss) carried forward | 14 | €25,587 | €25,858 | +€271 | +1.1% |
| Amounts payable | 17/49 | €424 | €1,025 | +€601 | +142.0% |
| Amounts payable within one year | 42/48 | €424 | €1,025 | +€601 | +142.0% |
| Trade debts | 44 | €424 | €0 | -€424 | -100.0% |
| Suppliers | 440/4 | €424 | €0 | -€424 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,025 | +€1,025 | |
| Taxes | 450/3 | €0 | €275 | +€275 | |
| Remuneration and social security | 454/9 | €0 | €750 | +€750 | |
| Turnover | 70 | €39,061 | €39,562 | +€501 | +1.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,515 | €22,296 | -€6,219 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €87 | -€336 | -79.4% |
| Other operating charges | 640/8 | €3,431 | €3,571 | +€140 | +4.1% |
| Gross operating margin | 9900 | €14,249 | €20,630 | +€6,380 | +44.8% |
| Operating profit (loss) | 9901 | €10,395 | €16,972 | +€6,577 | +63.3% |
| Financial income | 75/76B | €286 | €601 | +€314 | +109.8% |
| Recurring financial income | 75 | €286 | €601 | +€314 | +109.8% |
| Financial charges | 65/66B | €106 | €47 | -€60 | -56.2% |
| Recurring financial charges | 65 | €106 | €47 | -€60 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €10,575 | €17,526 | +€6,951 | +65.7% |
| Income taxes | 67/77 | €2,875 | €4,755 | +€1,880 | +65.4% |
| Profit (loss) for the period | 9904 | €7,700 | €12,771 | +€5,071 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,700 | €12,771 | +€5,071 | +65.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.