MAI BUSINESS: what changed
MAI BUSINESS
Largest movements
- Cash -€14,682
down €14,682 (-74.2%), from €19,800 to €5,118
mainly Stocks and contracts (-€14,018) and Tax, wage and social debts (-€5,908)
- Stocks and contracts +€14,018
up €14,018 (+50.2%), from €27,926 to €41,944
- Intangible fixed assets -€1,434
down €1,434 (-41.9%), from €3,421 to €1,987
- Receivables within one year -€1,288
down €1,288 (-53.3%), from €2,414 to €1,126
- Tax, wage and social debts -€5,908
down €5,908 (-57.4%), from €10,291 to €4,384
of which Taxes: -€6,638
- Profit (loss) carried forward +€5,440
up €5,440 (+25.4%), from €21,407 to €26,847
- Trade debts -€5,085
down €5,085 (-29.1%), from €17,458 to €12,373
- Other debts +€2,565
up €2,565 (+135%), from €1,904 to €4,469
- Purchases and services -€57,083
down €57,083 (-15.7%), from €363,431 to €306,348
- Turnover -€51,706
down €51,706 (-14.0%), from €370,308 to €318,602
- Staff costs -€7,099
down €7,099 (-94.7%), from €7,500 to €401
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,561 | €50,573 | -€2,988 | -5.6% |
| Fixed assets | 21/28 | €3,421 | €1,987 | -€1,434 | -41.9% |
| Intangible fixed assets | 21 | €3,421 | €1,987 | -€1,434 | -41.9% |
| Current assets | 29/58 | €50,140 | €48,585 | -€1,554 | -3.1% |
| Stocks and contracts in progress | 3 | €27,926 | €41,944 | +€14,018 | +50.2% |
| Stocks | 30/36 | €27,926 | €41,944 | +€14,018 | +50.2% |
| Amounts receivable within one year | 40/41 | €2,414 | €1,126 | -€1,288 | -53.3% |
| Other amounts receivable | 41 | €2,414 | €1,126 | -€1,288 | -53.3% |
| Cash at bank and in hand | 54/58 | €19,800 | €5,118 | -€14,682 | -74.2% |
| Deferred charges and accrued income | 490/1 | - | €397 | +€397 | |
| Total equity and liabilities | 10/49 | €53,561 | €50,573 | -€2,988 | -5.6% |
| Equity | 10/15 | €23,907 | €29,347 | +€5,440 | +22.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,407 | €26,847 | +€5,440 | +25.4% |
| Amounts payable | 17/49 | €29,654 | €21,225 | -€8,428 | -28.4% |
| Amounts payable within one year | 42/48 | €29,654 | €21,225 | -€8,428 | -28.4% |
| Trade debts | 44 | €17,458 | €12,373 | -€5,085 | -29.1% |
| Suppliers | 440/4 | €17,458 | €12,373 | -€5,085 | -29.1% |
| Taxes, remuneration and social security | 45 | €10,291 | €4,384 | -€5,908 | -57.4% |
| Taxes | 450/3 | €8,291 | €1,654 | -€6,638 | -80.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,730 | +€730 | +36.5% |
| Other amounts payable | 47/48 | €1,904 | €4,469 | +€2,565 | +135% |
| Turnover | 70 | €370,308 | €318,602 | -€51,706 | -14.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €363,431 | €306,348 | -€57,083 | -15.7% |
| Remuneration, social security and pensions | 62 | €7,500 | €401 | -€7,099 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €1,434 | = | 0.0% |
| Other operating charges | 640/8 | €3,947 | €6,262 | +€2,315 | +58.6% |
| Gross operating margin | 9900 | €14,272 | €15,047 | +€775 | +5.4% |
| Operating profit (loss) | 9901 | €1,391 | €6,950 | +€5,559 | +400% |
| Financial income | 75/76B | €108 | - | -€108 | |
| Recurring financial income | 75 | €108 | - | -€108 | |
| Financial charges | 65/66B | €205 | €150 | -€55 | -26.7% |
| Recurring financial charges | 65 | €205 | €150 | -€55 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €1,294 | €6,800 | +€5,506 | +425% |
| Income taxes | 67/77 | €908 | €1,360 | +€452 | +49.8% |
| Profit (loss) for the period | 9904 | €387 | €5,440 | +€5,054 | +1,307% |
| Profit (loss) for the period to be appropriated | 9905 | €387 | €5,440 | +€5,054 | +1,307% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.