MASCOTT: 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.
MASCOTT
Largest movements
- Receivables within one year +€12,872
up €12,872 (+48.1%), from €26,757 to €39,629
of which Trade receivables: +€12,765
- Cash -€12,018
down €12,018 (-42.3%), from €28,398 to €16,380
mainly Receivables within one year (-€12,872) and Net result for the year (-€8,822)
- Deferred charges and accrued income -€3,614
down €3,614 (-91.2%), from €3,965 to €351
- Trade debts +€11,693
up €11,693 (+77.8%), from €15,021 to €26,714
- Profit (loss) carried forward -€8,822
down €8,822 (-26.2%), from -€33,611 to -€42,433
- Advances received -€6,107
no longer reported in 2025 (was €6,107)
- Gross operating margin +€13,453
up €13,453 (+67.0%), from -€20,089 to -€6,636
- Other operating charges -€1,050
down €1,050 (-46.8%), from €2,244 to €1,194
- Depreciation -€316
no longer reported in 2025 (was €316)
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 | €59,119 | €56,360 | -€2,759 | -4.7% |
| Current assets | 29/58 | €59,119 | €56,360 | -€2,759 | -4.7% |
| Amounts receivable within one year | 40/41 | €26,757 | €39,629 | +€12,872 | +48.1% |
| Trade receivables | 40 | €26,475 | €39,240 | +€12,765 | +48.2% |
| Other amounts receivable | 41 | €281 | €389 | +€108 | +38.2% |
| Cash at bank and in hand | 54/58 | €28,398 | €16,380 | -€12,018 | -42.3% |
| Deferred charges and accrued income | 490/1 | €3,965 | €351 | -€3,614 | -91.2% |
| Total equity and liabilities | 10/49 | €59,119 | €56,360 | -€2,759 | -4.7% |
| Equity | 10/15 | €16,417 | €7,595 | -€8,822 | -53.7% |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Contributions outside capital | 11 | €48,600 | €48,600 | = | 0.0% |
| Other | 1109/19 | €48,600 | €48,600 | = | 0.0% |
| Reserves | 13 | €1,428 | €1,428 | = | 0.0% |
| Distributable reserves | 133 | €1,428 | €1,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,611 | -€42,433 | -€8,822 | -26.2% |
| Amounts payable | 17/49 | €42,702 | €48,764 | +€6,063 | +14.2% |
| Amounts payable after more than one year | 17 | €13,500 | €13,500 | = | 0.0% |
| Financial debts | 170/4 | €13,500 | €13,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,202 | €35,264 | +€6,063 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €15,021 | €26,714 | +€11,693 | +77.8% |
| Suppliers | 440/4 | €15,021 | €26,714 | +€11,693 | +77.8% |
| Advances received on contracts in progress | 46 | €6,107 | - | -€6,107 | |
| Other amounts payable | 47/48 | €574 | €1,050 | +€476 | +82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | - | -€316 | |
| Other operating charges | 640/8 | €2,244 | €1,194 | -€1,050 | -46.8% |
| Gross operating margin | 9900 | -€20,089 | -€6,636 | +€13,453 | +67.0% |
| Operating profit (loss) | 9901 | -€22,649 | -€7,830 | +€14,819 | +65.4% |
| Financial income | 75/76B | €140 | €120 | -€20 | -14.5% |
| Recurring financial income | 75 | €140 | €120 | -€20 | -14.5% |
| Financial charges | 65/66B | €984 | €1,112 | +€128 | +13.0% |
| Recurring financial charges | 65 | €984 | €1,112 | +€128 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,493 | -€8,822 | +€14,671 | +62.4% |
| Profit (loss) for the period | 9904 | -€23,493 | -€8,822 | +€14,671 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,493 | -€8,822 | +€14,671 | +62.4% |
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 17 October 2026 via checked.be.