MASTERFLEX: 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.
MASTERFLEX
Largest movements
- Cash +€932
up €932 (+27.0%), from €3,446 to €4,378
mainly Net result for the year (+€1,732)
- Receivables within one year +€800
up €800 (+118.5%), from €675 to €1,475
- Profit (loss) carried forward +€1,732
up €1,732 (+3.4%), from -€51,552 to -€49,820
- Other operating charges -€422
down €422 (-77.9%), from €542 to €120
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 | €4,121 | €5,853 | +€1,732 | +42.0% |
| Current assets | 29/58 | €4,121 | €5,853 | +€1,732 | +42.0% |
| Amounts receivable within one year | 40/41 | €675 | €1,475 | +€800 | +118.5% |
| Other amounts receivable | 41 | €675 | €1,475 | +€800 | +118.5% |
| Cash at bank and in hand | 54/58 | €3,446 | €4,378 | +€932 | +27.0% |
| Total equity and liabilities | 10/49 | €4,121 | €5,853 | +€1,732 | +42.0% |
| Equity | 10/15 | -€43,492 | -€41,760 | +€1,732 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,552 | -€49,820 | +€1,732 | +3.4% |
| Amounts payable | 17/49 | €47,614 | €47,614 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,614 | €47,614 | = | 0.0% |
| Other amounts payable | 47/48 | €47,614 | €47,614 | = | 0.0% |
| Other operating charges | 640/8 | €542 | €120 | -€422 | -77.9% |
| Gross operating margin | 9900 | €1,883 | €1,898 | +€15 | +0.8% |
| Operating profit (loss) | 9901 | €1,341 | €1,778 | +€437 | +32.6% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,294 | €1,732 | +€437 | +33.8% |
| Profit (loss) for the period | 9904 | €1,294 | €1,732 | +€437 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,294 | €1,732 | +€437 | +33.8% |
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 3 October 2026 via checked.be.