MAHONEMO: 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.
MAHONEMO
Largest movements
- Cash -€26,848
down €26,848 (-43.4%), from €61,794 to €34,946
mainly Contributions, distributions and other (-€57,892)
- Receivables within one year -€8,613
down €8,613 (-24.1%), from €35,763 to €27,150
of which Trade receivables: -€10,000
- Profit (loss) carried forward -€38,756
down €38,756 (-100.0%), from €38,756 to €0
- Tax, wage and social debts +€3,150
up €3,150 (+9.5%), from €33,306 to €36,456
of which Taxes: +€9,758
- Trade debts +€1,974
up €1,974 (+36.5%), from €5,409 to €7,383
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
- Gross operating margin +€17,916
up €17,916 (+14.2%), from €126,131 to €144,048
- Taxes +€10,772
up €10,772 (+238.2%), from €4,523 to €15,295
- Staff costs +€3,378
up €3,378 (+3.1%), from €109,019 to €112,397
- Financial income -€1,717
down €1,717 (-54.2%), from €3,165 to €1,448
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 | €97,930 | €62,439 | -€35,491 | -36.2% |
| Current assets | 29/58 | €97,930 | €62,439 | -€35,491 | -36.2% |
| Amounts receivable within one year | 40/41 | €35,763 | €27,150 | -€8,613 | -24.1% |
| Trade receivables | 40 | €32,110 | €22,110 | -€10,000 | -31.1% |
| Other amounts receivable | 41 | €3,654 | €5,041 | +€1,387 | +38.0% |
| Cash at bank and in hand | 54/58 | €61,794 | €34,946 | -€26,848 | -43.4% |
| Deferred charges and accrued income | 490/1 | €373 | €342 | -€31 | -8.3% |
| Total equity and liabilities | 10/49 | €97,930 | €62,439 | -€35,491 | -36.2% |
| Equity | 10/15 | €59,216 | €18,600 | -€40,616 | -68.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | €38,756 | €0 | -€38,756 | -100.0% |
| Amounts payable | 17/49 | €38,715 | €43,839 | +€5,124 | +13.2% |
| Amounts payable within one year | 42/48 | €38,715 | €43,839 | +€5,124 | +13.2% |
| Trade debts | 44 | €5,409 | €7,383 | +€1,974 | +36.5% |
| Suppliers | 440/4 | €5,409 | €7,383 | +€1,974 | +36.5% |
| Taxes, remuneration and social security | 45 | €33,306 | €36,456 | +€3,150 | +9.5% |
| Taxes | 450/3 | €12,891 | €22,649 | +€9,758 | +75.7% |
| Remuneration and social security | 454/9 | €20,415 | €13,807 | -€6,607 | -32.4% |
| Remuneration, social security and pensions | 62 | €109,019 | €112,397 | +€3,378 | +3.1% |
| Other operating charges | 640/8 | €401 | €414 | +€12 | +3.1% |
| Gross operating margin | 9900 | €126,131 | €144,048 | +€17,916 | +14.2% |
| Operating profit (loss) | 9901 | €16,711 | €31,237 | +€14,526 | +86.9% |
| Financial income | 75/76B | €3,165 | €1,448 | -€1,717 | -54.2% |
| Recurring financial income | 75 | €3,165 | €1,448 | -€1,717 | -54.2% |
| Financial charges | 65/66B | €562 | €114 | -€448 | -79.7% |
| Recurring financial charges | 65 | €562 | €114 | -€448 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €19,313 | €32,571 | +€13,258 | +68.6% |
| Income taxes | 67/77 | €4,523 | €15,295 | +€10,772 | +238.2% |
| Profit (loss) for the period | 9904 | €14,790 | €17,276 | +€2,486 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,790 | €17,276 | +€2,486 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.