MAHITRA: 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.
MAHITRA
Largest movements
- Cash +€9,236
up €9,236 (+8.3%), from €110,743 to €119,979
mainly Other debts (+€23,625) and Net result for the year (+€11,067)
- Other debts +€23,625
up €23,625 (+24.6%), from €96,005 to €119,630
- Trade debts -€9,720
down €9,720 (-93.4%), from €10,409 to €689
- Tax, wage and social debts -€4,459
down €4,459 (-32.8%), from €13,601 to €9,142
- Financial income -€1,047
down €1,047 (-67.1%), from €1,561 to €513
- Gross operating margin -€548
down €548 (-3.3%), from €16,392 to €15,843
- Depreciation -€284
down €284 (-31.9%), from €892 to €607
- Taxes -€210
down €210 (-5.4%), from €3,862 to €3,652
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 | €133,508 | €143,386 | +€9,877 | +7.4% |
| Fixed assets | 21/28 | €1,611 | €1,004 | -€607 | -37.7% |
| Tangible fixed assets | 22/27 | €1,511 | €904 | -€607 | -40.2% |
| Furniture and vehicles | 24 | €1,511 | €904 | -€607 | -40.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €131,897 | €142,382 | +€10,485 | +7.9% |
| Amounts receivable within one year | 40/41 | €21,154 | €22,256 | +€1,102 | +5.2% |
| Trade receivables | 40 | €14,983 | €15,749 | +€766 | +5.1% |
| Other amounts receivable | 41 | €6,171 | €6,507 | +€336 | +5.4% |
| Cash at bank and in hand | 54/58 | €110,743 | €119,979 | +€9,236 | +8.3% |
| Deferred charges and accrued income | 490/1 | - | €147 | +€147 | |
| Total equity and liabilities | 10/49 | €133,508 | €143,386 | +€9,877 | +7.4% |
| Equity | 10/15 | €12,000 | €12,000 | = | 0.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €121,508 | €131,386 | +€9,877 | +8.1% |
| Amounts payable within one year | 42/48 | €121,508 | €131,386 | +€9,877 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €844 | €842 | -€3 | -0.3% |
| Financial debts | 43 | €649 | €0 | -€649 | -100% |
| Credit institutions | 430/8 | €649 | €0 | -€649 | -100% |
| Trade debts | 44 | €10,409 | €689 | -€9,720 | -93.4% |
| Suppliers | 440/4 | €10,409 | €689 | -€9,720 | -93.4% |
| Advances received on contracts in progress | 46 | - | €1,083 | +€1,083 | |
| Taxes, remuneration and social security | 45 | €13,601 | €9,142 | -€4,459 | -32.8% |
| Taxes | 450/3 | €13,601 | €9,142 | -€4,459 | -32.8% |
| Other amounts payable | 47/48 | €96,005 | €119,630 | +€23,625 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €892 | €607 | -€284 | -31.9% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €16,392 | €15,843 | -€548 | -3.3% |
| Operating profit (loss) | 9901 | €14,972 | €14,692 | -€280 | -1.9% |
| Financial income | 75/76B | €1,561 | €513 | -€1,047 | -67.1% |
| Recurring financial income | 75 | €1,561 | €513 | -€1,047 | -67.1% |
| Financial charges | 65/66B | €646 | €487 | -€160 | -24.7% |
| Recurring financial charges | 65 | €646 | €487 | -€160 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €15,886 | €14,719 | -€1,168 | -7.3% |
| Income taxes | 67/77 | €3,862 | €3,652 | -€210 | -5.4% |
| Profit (loss) for the period | 9904 | €12,024 | €11,067 | -€957 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,024 | €11,067 | -€957 | -8.0% |
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 28 October 2026 via checked.be.