Massabielle: 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.
Massabielle
Largest movements
- Current investments +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Cash -€30,766
down €30,766 (-31.1%), from €98,835 to €68,068
mainly Contributions, distributions and other (-€100,000) and Current investments (-€50,000)
- Tangible fixed assets -€6,431
down €6,431 (-2.6%), from €250,601 to €244,170
of which Land and buildings: -€4,816
- Reserves +€11,396
up €11,396 (+2.9%), from €397,407 to €408,802
of which Distributable reserves: +€11,396
No income-statement line moved by more than 1% of the activity.
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 | €560,388 | €572,305 | +€11,917 | +2.1% |
| Fixed assets | 21/28 | €250,601 | €244,170 | -€6,431 | -2.6% |
| Tangible fixed assets | 22/27 | €250,601 | €244,170 | -€6,431 | -2.6% |
| Land and buildings | 22 | €244,448 | €239,631 | -€4,816 | -2.0% |
| Plant, machinery and equipment | 23 | €6,154 | €4,539 | -€1,615 | -26.2% |
| Current assets | 29/58 | €309,787 | €328,135 | +€18,348 | +5.9% |
| Amounts receivable within one year | 40/41 | €9,781 | €9,214 | -€567 | -5.8% |
| Other amounts receivable | 41 | €9,781 | €9,214 | -€567 | -5.8% |
| Current investments | 50/53 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €98,835 | €68,068 | -€30,766 | -31.1% |
| Deferred charges and accrued income | 490/1 | €1,171 | €852 | -€319 | -27.2% |
| Total equity and liabilities | 10/49 | €560,388 | €572,305 | +€11,917 | +2.1% |
| Equity | 10/15 | €459,407 | €470,802 | +€11,396 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €397,407 | €408,802 | +€11,396 | +2.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €354,686 | €354,686 | = | 0.0% |
| Distributable reserves | 133 | €36,521 | €47,916 | +€11,396 | +31.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €100,981 | €101,503 | +€521 | +0.5% |
| Amounts payable within one year | 42/48 | €100,000 | €100,000 | = | 0.0% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €981 | €1,503 | +€521 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,413 | €8,114 | -€300 | -3.6% |
| Other operating charges | 640/8 | €21,776 | €22,573 | +€797 | +3.7% |
| Gross operating margin | 9900 | €172,900 | €173,615 | +€715 | +0.4% |
| Operating profit (loss) | 9901 | €142,711 | €142,929 | +€218 | +0.2% |
| Financial income | 75/76B | €6,176 | €5,672 | -€505 | -8.2% |
| Recurring financial income | 75 | €6,176 | €5,672 | -€505 | -8.2% |
| Financial charges | 65/66B | €54 | €73 | +€19 | +35.3% |
| Recurring financial charges | 65 | €54 | €73 | +€19 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €148,834 | €148,527 | -€306 | -0.2% |
| Income taxes | 67/77 | €37,208 | €37,132 | -€77 | -0.2% |
| Profit (loss) for the period | 9904 | €111,625 | €111,396 | -€230 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €111,625 | €111,396 | -€230 | -0.2% |
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 25 October 2026 via checked.be.