MASHITUP: 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.
MASHITUP
Largest movements
- Cash +€22,691
up €22,691 (+70.1%), from €32,387 to €55,078
mainly Net result for the year (+€24,972) and Other debts (+€3,869)
- Receivables within one year +€1,661
up €1,661 (+20.6%), from €8,064 to €9,725
of which Other amounts receivable: +€2,869
- Tangible fixed assets +€1,557
up €1,557 (+361.5%), from €431 to €1,988
of which Plant, machinery and equipment: +€1,846
- Reserves +€24,972
up €24,972 (+77.0%), from €32,428 to €57,399
- Other debts +€3,869
up €3,869 (+618.0%), from €626 to €4,494
- Tax, wage and social debts -€2,682
down €2,682 (-46.7%), from €5,738 to €3,056
of which Remuneration and social security: -€2,100
- Gross operating margin -€11,609
down €11,609 (-26.1%), from €44,531 to €32,921
- Taxes -€4,259
down €4,259 (-37.4%), from €11,390 to €7,131
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 | €42,076 | €68,005 | +€25,929 | +61.6% |
| Fixed assets | 21/28 | €431 | €1,988 | +€1,557 | +361.5% |
| Tangible fixed assets | 22/27 | €431 | €1,988 | +€1,557 | +361.5% |
| Plant, machinery and equipment | 23 | - | €1,846 | +€1,846 | |
| Furniture and vehicles | 24 | €431 | €142 | -€289 | -67.1% |
| Current assets | 29/58 | €41,645 | €66,017 | +€24,372 | +58.5% |
| Amounts receivable within one year | 40/41 | €8,064 | €9,725 | +€1,661 | +20.6% |
| Trade receivables | 40 | €8,064 | €6,856 | -€1,208 | -15.0% |
| Other amounts receivable | 41 | - | €2,869 | +€2,869 | |
| Cash at bank and in hand | 54/58 | €32,387 | €55,078 | +€22,691 | +70.1% |
| Deferred charges and accrued income | 490/1 | €1,194 | €1,213 | +€19 | +1.6% |
| Total equity and liabilities | 10/49 | €42,076 | €68,005 | +€25,929 | +61.6% |
| Equity | 10/15 | €35,428 | €60,399 | +€24,972 | +70.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,428 | €57,399 | +€24,972 | +77.0% |
| Distributable reserves | 133 | €32,428 | €57,399 | +€24,972 | +77.0% |
| Amounts payable | 17/49 | €6,648 | €7,606 | +€958 | +14.4% |
| Amounts payable within one year | 42/48 | €6,648 | €7,606 | +€958 | +14.4% |
| Trade debts | 44 | €285 | €55 | -€229 | -80.5% |
| Suppliers | 440/4 | €285 | €55 | -€229 | -80.5% |
| Taxes, remuneration and social security | 45 | €5,738 | €3,056 | -€2,682 | -46.7% |
| Taxes | 450/3 | €3,638 | €3,056 | -€582 | -16.0% |
| Remuneration and social security | 454/9 | €2,100 | - | -€2,100 | |
| Other amounts payable | 47/48 | €626 | €4,494 | +€3,869 | +618.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147 | €301 | +€154 | +104.5% |
| Other operating charges | 640/8 | €549 | €462 | -€88 | -15.9% |
| Gross operating margin | 9900 | €44,531 | €32,921 | -€11,609 | -26.1% |
| Operating profit (loss) | 9901 | €43,834 | €32,158 | -€11,676 | -26.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17 | €56 | +€39 | +238.3% |
| Recurring financial charges | 65 | €17 | €56 | +€39 | +238.3% |
| Profit (loss) for the period before taxes | 9903 | €43,817 | €32,102 | -€11,715 | -26.7% |
| Income taxes | 67/77 | €11,390 | €7,131 | -€4,259 | -37.4% |
| Profit (loss) for the period | 9904 | €32,428 | €24,972 | -€7,456 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,428 | €24,972 | -€7,456 | -23.0% |
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 10 October 2026 via checked.be.