MAST Consultancy: what changed
Two fiscal 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.
MAST Consultancy
Largest movements
- Receivables within one year +€4,376
up €4,376 (+429.7%), from €1,018 to €5,395
- Tangible fixed assets -€1,484
down €1,484 (-23.5%), from €6,308 to €4,823
- Deferred charges and accrued income -€643
down €643 (-100.0%), from €643 to €0
- Cash -€359
down €359 (-5.5%), from €6,559 to €6,200
mainly Receivables within one year (-€4,376) and Net result for the year (-€3,034)
- Other debts +€5,039
up €5,039 (+83.8%), from €6,013 to €11,052
- Profit (loss) carried forward -€2,248
new in 2025: -€2,248
- Reserves -€786
down €786 (-100.0%), from €786 to €0
- Trade debts -€484
down €484 (-34.1%), from €1,418 to €934
- Tax, wage and social debts +€369
up €369 (+7.7%), from €4,811 to €5,180
of which Taxes: +€369
- Gross operating margin -€2,215
down €2,215 (-64.0%), from €3,460 to €1,245
- Depreciation +€1,294
up €1,294 (+96.2%), from €1,346 to €2,640
- Taxes -€350
down €350 (-86.2%), from €406 to €56
- Financial income -€41
down €41 (-100.0%), from €41 to €0
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 | €14,528 | €16,418 | +€1,890 | +13.0% |
| Fixed assets | 21/28 | €6,308 | €4,823 | -€1,484 | -23.5% |
| Tangible fixed assets | 22/27 | €6,308 | €4,823 | -€1,484 | -23.5% |
| Plant, machinery and equipment | 23 | €6,308 | €4,823 | -€1,484 | -23.5% |
| Current assets | 29/58 | €8,220 | €11,594 | +€3,374 | +41.1% |
| Amounts receivable within one year | 40/41 | €1,018 | €5,395 | +€4,376 | +429.7% |
| Trade receivables | 40 | €1,018 | €5,395 | +€4,376 | +429.7% |
| Cash at bank and in hand | 54/58 | €6,559 | €6,200 | -€359 | -5.5% |
| Deferred charges and accrued income | 490/1 | €643 | €0 | -€643 | -100.0% |
| Total equity and liabilities | 10/49 | €14,528 | €16,418 | +€1,890 | +13.0% |
| Equity | 10/15 | €2,286 | -€748 | -€3,034 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €786 | €0 | -€786 | -100.0% |
| Distributable reserves | 133 | €786 | €0 | -€786 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€2,248 | -€2,248 | |
| Amounts payable | 17/49 | €12,242 | €17,166 | +€4,924 | +40.2% |
| Amounts payable within one year | 42/48 | €12,242 | €17,166 | +€4,924 | +40.2% |
| Trade debts | 44 | €1,418 | €934 | -€484 | -34.1% |
| Suppliers | 440/4 | €1,418 | €934 | -€484 | -34.1% |
| Taxes, remuneration and social security | 45 | €4,811 | €5,180 | +€369 | +7.7% |
| Taxes | 450/3 | €2,411 | €2,780 | +€369 | +15.3% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €6,013 | €11,052 | +€5,039 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,346 | €2,640 | +€1,294 | +96.2% |
| Other operating charges | 640/8 | €234 | €226 | -€8 | -3.5% |
| Gross operating margin | 9900 | €3,460 | €1,245 | -€2,215 | -64.0% |
| Operating profit (loss) | 9901 | €1,880 | -€1,621 | -€3,501 | |
| Financial income | 75/76B | €41 | €0 | -€41 | -100.0% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100.0% |
| Financial charges | 65/66B | €1,355 | €1,357 | +€2 | +0.1% |
| Recurring financial charges | 65 | €1,355 | €1,357 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €565 | -€2,978 | -€3,543 | |
| Income taxes | 67/77 | €406 | €56 | -€350 | -86.2% |
| Profit (loss) for the period | 9904 | €159 | -€3,034 | -€3,193 | |
| Profit (loss) for the period to be appropriated | 9905 | €159 | -€3,034 | -€3,193 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.