MASABA: 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.
MASABA
Largest movements
- Cash -€15,424
down €15,424 (-12.0%), from €128,059 to €112,635
mainly Net result for the year (-€17,404) and Other debts (-€402)
- Profit (loss) carried forward -€17,404
down €17,404 (-98.5%), from -€17,675 to -€35,078
- Trade debts +€2,783
new in 2025: €2,783
- Gross operating margin -€8,274
down €8,274 (-95.4%), from -€8,670 to -€16,945
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 | €128,059 | €112,635 | -€15,424 | -12.0% |
| Current assets | 29/58 | €128,059 | €112,635 | -€15,424 | -12.0% |
| Cash at bank and in hand | 54/58 | €128,059 | €112,635 | -€15,424 | -12.0% |
| Total equity and liabilities | 10/49 | €128,059 | €112,635 | -€15,424 | -12.0% |
| Equity | 10/15 | €2,785 | -€14,618 | -€17,404 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,675 | -€35,078 | -€17,404 | -98.5% |
| Amounts payable | 17/49 | €125,274 | €127,254 | +€1,980 | +1.6% |
| Amounts payable within one year | 42/48 | €125,274 | €127,254 | +€1,980 | +1.6% |
| Trade debts | 44 | - | €2,783 | +€2,783 | |
| Suppliers | 440/4 | - | €2,783 | +€2,783 | |
| Taxes, remuneration and social security | 45 | €402 | - | -€402 | |
| Taxes | 450/3 | €402 | - | -€402 | |
| Other amounts payable | 47/48 | €124,873 | €124,471 | -€402 | -0.3% |
| Gross operating margin | 9900 | -€8,670 | -€16,945 | -€8,274 | -95.4% |
| Operating profit (loss) | 9901 | -€8,670 | -€16,945 | -€8,274 | -95.4% |
| Financial charges | 65/66B | €372 | €459 | +€87 | +23.3% |
| Recurring financial charges | 65 | €372 | €459 | +€87 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,042 | -€17,404 | -€8,361 | -92.5% |
| Profit (loss) for the period | 9904 | -€9,042 | -€17,404 | -€8,361 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,042 | -€17,404 | -€8,361 | -92.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.