Mainson: 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.
Mainson
Largest movements
- Stocks and contracts -€6,176
down €6,176 (-12.5%), from €49,564 to €43,388
- Cash +€1,840
up €1,840 (+43.6%), from €4,222 to €6,062
mainly Stocks and contracts (+€6,176) and Tax, wage and social debts (+€2,751)
- Receivables within one year +€1,593
up €1,593 (+90.4%), from €1,763 to €3,356
of which Trade receivables: +€1,861
- Financial fixed assets +€1,000
new in 2025: €1,000
- Tangible fixed assets +€969
up €969 (+50.1%), from €1,933 to €2,902
- Other debts -€3,285
down €3,285 (-31.8%), from €10,328 to €7,042
- Tax, wage and social debts +€2,751
up €2,751 (+30.3%), from €9,086 to €11,837
of which Taxes: +€6,320
- Profit (loss) carried forward -€1,166
new in 2025: -€1,166
- Trade debts +€932
up €932 (+12.7%), from €7,340 to €8,272
- Gross operating margin -€36,222
down €36,222 (-51.6%), from €70,233 to €34,012
- Staff costs -€26,637
down €26,637 (-44.9%), from €59,289 to €32,652
- Taxes -€3,271
no longer reported in 2025 (was €3,271)
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 | €58,220 | €57,413 | -€807 | -1.4% |
| Fixed assets | 21/28 | €1,933 | €3,902 | +€1,969 | +101.9% |
| Tangible fixed assets | 22/27 | €1,933 | €2,902 | +€969 | +50.1% |
| Plant, machinery and equipment | 23 | €1,933 | €2,902 | +€969 | +50.1% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €56,287 | €53,511 | -€2,776 | -4.9% |
| Stocks and contracts in progress | 3 | €49,564 | €43,388 | -€6,176 | -12.5% |
| Stocks | 30/36 | €49,564 | €43,388 | -€6,176 | -12.5% |
| Amounts receivable within one year | 40/41 | €1,763 | €3,356 | +€1,593 | +90.4% |
| Trade receivables | 40 | €1,495 | €3,356 | +€1,861 | +124.5% |
| Other amounts receivable | 41 | €268 | - | -€268 | |
| Cash at bank and in hand | 54/58 | €4,222 | €6,062 | +€1,840 | +43.6% |
| Deferred charges and accrued income | 490/1 | €739 | €706 | -€33 | -4.5% |
| Total equity and liabilities | 10/49 | €58,220 | €57,413 | -€807 | -1.4% |
| Equity | 10/15 | €10,376 | €9,134 | -€1,242 | -12.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,376 | €5,300 | -€76 | -1.4% |
| Distributable reserves | 133 | €5,376 | €5,300 | -€76 | -1.4% |
| Profit (loss) carried forward | 14 | - | -€1,166 | -€1,166 | |
| Amounts payable | 17/49 | €47,844 | €48,279 | +€435 | +0.9% |
| Amounts payable after more than one year | 17 | €21,090 | €21,090 | = | 0.0% |
| Financial debts | 170/4 | €21,090 | €21,090 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,754 | €27,188 | +€435 | +1.6% |
| Financial debts | 43 | - | €37 | +€37 | |
| Credit institutions | 430/8 | - | €37 | +€37 | |
| Trade debts | 44 | €7,340 | €8,272 | +€932 | +12.7% |
| Suppliers | 440/4 | €7,340 | €8,272 | +€932 | +12.7% |
| Taxes, remuneration and social security | 45 | €9,086 | €11,837 | +€2,751 | +30.3% |
| Taxes | 450/3 | - | €6,320 | +€6,320 | |
| Remuneration and social security | 454/9 | €9,086 | €5,517 | -€3,569 | -39.3% |
| Other amounts payable | 47/48 | €10,328 | €7,042 | -€3,285 | -31.8% |
| Remuneration, social security and pensions | 62 | €59,289 | €32,652 | -€26,637 | -44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513 | €660 | +€146 | +28.5% |
| Other operating charges | 640/8 | €1,663 | €1,841 | +€178 | +10.7% |
| Gross operating margin | 9900 | €70,233 | €34,012 | -€36,222 | -51.6% |
| Operating profit (loss) | 9901 | €8,768 | -€1,141 | -€9,909 | |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €133 | €101 | -€32 | -24.0% |
| Recurring financial charges | 65 | €133 | €101 | -€32 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €8,648 | -€1,242 | -€9,890 | |
| Income taxes | 67/77 | €3,271 | - | -€3,271 | |
| Profit (loss) for the period | 9904 | €5,376 | -€1,242 | -€6,618 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,376 | -€1,242 | -€6,618 |
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 2 October 2026 via checked.be.