MAS QUE NADA: 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 QUE NADA
Largest movements
- Cash +€36,431
up €36,431 (+33.5%), from €108,672 to €145,103
mainly Depreciation (+€31,241) and Net result for the year (+€26,126)
- Tangible fixed assets -€27,091
down €27,091 (-26.0%), from €104,267 to €77,176
of which Land and buildings: -€16,231
- Reserves +€24,526
up €24,526 (+14.2%), from €173,059 to €197,585
- Debts after one year -€14,443
down €14,443 (-57.1%), from €25,307 to €10,865
- Current portion of long-term debt -€7,263
down €7,263 (-33.5%), from €21,705 to €14,443
- Other debts +€5,747
up €5,747 (+10.8%), from €53,420 to €59,167
- Other operating charges +€1,787
up €1,787 (+190%), from €939 to €2,726
- Depreciation +€1,118
up €1,118 (+3.7%), from €30,123 to €31,241
- Gross operating margin +€915
up €915 (+1.2%), from €74,538 to €75,453
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 | €291,505 | €299,447 | +€7,942 | +2.7% |
| Fixed assets | 21/28 | €104,267 | €77,176 | -€27,091 | -26.0% |
| Tangible fixed assets | 22/27 | €104,267 | €77,176 | -€27,091 | -26.0% |
| Land and buildings | 22 | €84,297 | €68,066 | -€16,231 | -19.3% |
| Plant, machinery and equipment | 23 | €1,922 | €3,802 | +€1,881 | +97.9% |
| Furniture and vehicles | 24 | €18,049 | €5,307 | -€12,742 | -70.6% |
| Current assets | 29/58 | €187,238 | €222,271 | +€35,033 | +18.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €39,767 | -€233 | -0.6% |
| Other amounts receivable | 291 | €40,000 | €39,767 | -€233 | -0.6% |
| Amounts receivable within one year | 40/41 | €36,197 | €36,222 | +€25 | +0.1% |
| Trade receivables | 40 | €105 | €703 | +€598 | +570% |
| Other amounts receivable | 41 | €36,092 | €35,519 | -€573 | -1.6% |
| Cash at bank and in hand | 54/58 | €108,672 | €145,103 | +€36,431 | +33.5% |
| Deferred charges and accrued income | 490/1 | €2,368 | €1,179 | -€1,189 | -50.2% |
| Total equity and liabilities | 10/49 | €291,505 | €299,447 | +€7,942 | +2.7% |
| Equity | 10/15 | €179,294 | €203,819 | +€24,526 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €173,059 | €197,585 | +€24,526 | +14.2% |
| Distributable reserves | 133 | €173,059 | €197,585 | +€24,526 | +14.2% |
| Profit (loss) carried forward | 14 | €35 | €35 | = | 0.0% |
| Amounts payable | 17/49 | €112,211 | €95,627 | -€16,584 | -14.8% |
| Amounts payable after more than one year | 17 | €25,307 | €10,865 | -€14,443 | -57.1% |
| Financial debts | 170/4 | €25,307 | €10,865 | -€14,443 | -57.1% |
| Amounts payable within one year | 42/48 | €83,432 | €81,075 | -€2,357 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €21,705 | €14,443 | -€7,263 | -33.5% |
| Trade debts | 44 | €1,044 | €452 | -€591 | -56.7% |
| Suppliers | 440/4 | €1,044 | €452 | -€591 | -56.7% |
| Taxes, remuneration and social security | 45 | €7,262 | €7,013 | -€249 | -3.4% |
| Taxes | 450/3 | €7,262 | €7,013 | -€249 | -3.4% |
| Other amounts payable | 47/48 | €53,420 | €59,167 | +€5,747 | +10.8% |
| Accrued charges and deferred income | 492/3 | €3,472 | €3,687 | +€215 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,123 | €31,241 | +€1,118 | +3.7% |
| Other operating charges | 640/8 | €939 | €2,726 | +€1,787 | +190% |
| Non-recurring operating charges | 66A | - | €1,135 | +€1,135 | |
| Gross operating margin | 9900 | €74,538 | €75,453 | +€915 | +1.2% |
| Operating profit (loss) | 9901 | €43,476 | €40,351 | -€3,125 | -7.2% |
| Financial income | 75/76B | €801 | €1,017 | +€216 | +27.0% |
| Recurring financial income | 75 | €801 | €1,017 | +€216 | +27.0% |
| Financial charges | 65/66B | €4,673 | €4,532 | -€141 | -3.0% |
| Recurring financial charges | 65 | €4,673 | €4,532 | -€141 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €39,604 | €36,836 | -€2,767 | -7.0% |
| Income taxes | 67/77 | €11,199 | €10,711 | -€489 | -4.4% |
| Profit (loss) for the period | 9904 | €28,404 | €26,126 | -€2,279 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,404 | €26,126 | -€2,279 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.