Masécanne: 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.
Masécanne
Largest movements
- Receivables within one year +€33,144
up €33,144 (+21.2%), from €156,353 to €189,497
- Cash -€4,911
down €4,911 (-50.9%), from €9,653 to €4,741
mainly Contributions, distributions and other (-€142,624) and Receivables within one year (-€33,144)
- Other debts +€22,468
up €22,468 (+16.8%), from €134,096 to €156,563
- Trade debts +€3,205
up €3,205 (+28.4%), from €11,299 to €14,503
- Tax, wage and social debts +€2,561
up €2,561 (+23.2%), from €11,051 to €13,612
- Gross operating margin +€30,668
up €30,668 (+19.0%), from €161,260 to €191,927
- Taxes +€7,799
up €7,799 (+19.4%), from €40,261 to €48,060
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 | €166,006 | €194,239 | +€28,233 | +17.0% |
| Current assets | 29/58 | €166,006 | €194,239 | +€28,233 | +17.0% |
| Amounts receivable within one year | 40/41 | €156,353 | €189,497 | +€33,144 | +21.2% |
| Trade receivables | 40 | €156,353 | €189,497 | +€33,144 | +21.2% |
| Cash at bank and in hand | 54/58 | €9,653 | €4,741 | -€4,911 | -50.9% |
| Total equity and liabilities | 10/49 | €166,006 | €194,239 | +€28,233 | +17.0% |
| Equity | 10/15 | €8,060 | €8,060 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €157,946 | €186,179 | +€28,233 | +17.9% |
| Amounts payable within one year | 42/48 | €156,446 | €184,679 | +€28,233 | +18.0% |
| Trade debts | 44 | €11,299 | €14,503 | +€3,205 | +28.4% |
| Suppliers | 440/4 | €11,299 | €14,503 | +€3,205 | +28.4% |
| Taxes, remuneration and social security | 45 | €11,051 | €13,612 | +€2,561 | +23.2% |
| Taxes | 450/3 | €11,051 | €13,612 | +€2,561 | +23.2% |
| Other amounts payable | 47/48 | €134,096 | €156,563 | +€22,468 | +16.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €407 | €772 | +€365 | +89.7% |
| Gross operating margin | 9900 | €161,260 | €191,927 | +€30,668 | +19.0% |
| Operating profit (loss) | 9901 | €160,853 | €191,155 | +€30,303 | +18.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €435 | €472 | +€36 | +8.3% |
| Recurring financial charges | 65 | €435 | €472 | +€36 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €160,417 | €190,684 | +€30,266 | +18.9% |
| Income taxes | 67/77 | €40,261 | €48,060 | +€7,799 | +19.4% |
| Profit (loss) for the period | 9904 | €120,156 | €142,624 | +€22,468 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €120,156 | €142,624 | +€22,468 | +18.7% |
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 14 October 2026 via checked.be.