MAS Avocat: 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.
MAS Avocat
Largest movements
- Receivables within one year +€77,730
up €77,730 (+264%), from €29,434 to €107,164
of which Trade receivables: +€54,820
- Intangible fixed assets -€50,000
down €50,000 (-70.5%), from €70,959 to €20,959
- Cash -€3,298
down €3,298 (-3.5%), from €93,217 to €89,918
mainly Receivables within one year (-€77,730) and Contributions, distributions and other (-€47,000)
- Other debts +€41,444
up €41,444 (+746%), from €5,556 to €47,000
- Debts after one year -€23,125
down €23,125 (-51.0%), from €45,353 to €22,229
- Tax, wage and social debts +€5,257
up €5,257 (+17.6%), from €29,919 to €35,176
of which Taxes: +€7,457
- Depreciation -€2,239
down €2,239 (-4.3%), from €52,433 to €50,194
- Taxes +€1,736
up €1,736 (+13.5%), from €12,859 to €14,595
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 | €194,490 | €219,777 | +€25,288 | +13.0% |
| Fixed assets | 21/28 | €71,116 | €22,695 | -€48,421 | -68.1% |
| Intangible fixed assets | 21 | €70,959 | €20,959 | -€50,000 | -70.5% |
| Tangible fixed assets | 22/27 | €157 | €1,736 | +€1,579 | +1,004% |
| Furniture and vehicles | 24 | €157 | €1,736 | +€1,579 | +1,004% |
| Current assets | 29/58 | €123,374 | €197,083 | +€73,709 | +59.7% |
| Amounts receivable within one year | 40/41 | €29,434 | €107,164 | +€77,730 | +264% |
| Trade receivables | 40 | €29,434 | €84,254 | +€54,820 | +186% |
| Other amounts receivable | 41 | - | €22,910 | +€22,910 | |
| Cash at bank and in hand | 54/58 | €93,217 | €89,918 | -€3,298 | -3.5% |
| Deferred charges and accrued income | 490/1 | €723 | - | -€723 | |
| Total equity and liabilities | 10/49 | €194,490 | €219,777 | +€25,288 | +13.0% |
| Equity | 10/15 | €91,351 | €92,018 | +€667 | +0.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,000 | €87,000 | = | 0.0% |
| Distributable reserves | 133 | €87,000 | €87,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,851 | €2,518 | +€667 | +36.0% |
| Amounts payable | 17/49 | €103,138 | €127,759 | +€24,621 | +23.9% |
| Amounts payable after more than one year | 17 | €45,353 | €22,229 | -€23,125 | -51.0% |
| Financial debts | 170/4 | €45,353 | €22,229 | -€23,125 | -51.0% |
| Amounts payable within one year | 42/48 | €57,785 | €105,531 | +€47,746 | +82.6% |
| Current portion of amounts payable after more than one year | 42 | €22,006 | €23,125 | +€1,119 | +5.1% |
| Trade debts | 44 | €303 | €230 | -€74 | -24.3% |
| Suppliers | 440/4 | €303 | €230 | -€74 | -24.3% |
| Taxes, remuneration and social security | 45 | €29,919 | €35,176 | +€5,257 | +17.6% |
| Taxes | 450/3 | €27,719 | €35,176 | +€7,457 | +26.9% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €5,556 | €47,000 | +€41,444 | +746% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,433 | €50,194 | -€2,239 | -4.3% |
| Other operating charges | 640/8 | €384 | €396 | +€12 | +3.0% |
| Gross operating margin | 9900 | €114,817 | €115,359 | +€542 | +0.5% |
| Operating profit (loss) | 9901 | €62,000 | €64,770 | +€2,770 | +4.5% |
| Financial income | 75/76B | €690 | €526 | -€164 | -23.8% |
| Recurring financial income | 75 | €690 | €526 | -€164 | -23.8% |
| Financial charges | 65/66B | €4,155 | €3,034 | -€1,121 | -27.0% |
| Recurring financial charges | 65 | €4,155 | €3,034 | -€1,121 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €58,535 | €62,261 | +€3,726 | +6.4% |
| Income taxes | 67/77 | €12,859 | €14,595 | +€1,736 | +13.5% |
| Profit (loss) for the period | 9904 | €45,677 | €47,667 | +€1,990 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,677 | €47,667 | +€1,990 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.