MASTIN YVES: 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.
MASTIN YVES
Largest movements
- Receivables within one year -€54,613
down €54,613 (-67.2%), from €81,325 to €26,712
of which Other amounts receivable: -€46,560
- Cash +€6,428
new in 2025: €6,428
mainly Receivables within one year (+€54,613) and Tax, wage and social debts (+€6,650)
- Profit (loss) carried forward -€53,423
down €53,423, from €50,540 to -€2,883
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts +€6,650
up €6,650 (+6,640%), from €100 to €6,750
- Short-term financial debts -€5,571
down €5,571 (-100%), from €5,571 to €0
- Other debts -€4,911
no longer reported in 2025 (was €4,911)
- Other operating charges +€11,317
up €11,317 (+2,922%), from €387 to €11,705
- Gross operating margin +€3,000
up €3,000, from €0 to €3,000
- Financial income +€459
new in 2025: €459
- Financial charges -€259
down €259 (-80.9%), from €321 to €61
- Depreciation -€218
down €218 (-100%), from €218 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.
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 | €81,442 | €33,140 | -€48,302 | -59.3% |
| Fixed assets | 21/28 | €117 | €0 | -€117 | -100% |
| Tangible fixed assets | 22/27 | €117 | €0 | -€117 | -100% |
| Plant, machinery and equipment | 23 | €71 | €0 | -€71 | -100% |
| Furniture and vehicles | 24 | €46 | €0 | -€46 | -100% |
| Current assets | 29/58 | €81,325 | €33,140 | -€48,185 | -59.2% |
| Amounts receivable within one year | 40/41 | €81,325 | €26,712 | -€54,613 | -67.2% |
| Trade receivables | 40 | €8,053 | €0 | -€8,053 | -100% |
| Other amounts receivable | 41 | €73,272 | €26,712 | -€46,560 | -63.5% |
| Cash at bank and in hand | 54/58 | - | €6,428 | +€6,428 | |
| Total equity and liabilities | 10/49 | €81,442 | €33,140 | -€48,302 | -59.3% |
| Equity | 10/15 | €67,400 | €26,377 | -€41,023 | -60.9% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €10,660 | €10,660 | = | 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% |
| Tax-exempt reserves | 132 | €8,800 | €8,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,540 | -€2,883 | -€53,423 | |
| Amounts payable | 17/49 | €14,041 | €6,763 | -€7,278 | -51.8% |
| Amounts payable within one year | 42/48 | €14,041 | €6,763 | -€7,278 | -51.8% |
| Financial debts | 43 | €5,571 | €0 | -€5,571 | -100% |
| Credit institutions | 430/8 | €5,571 | €0 | -€5,571 | -100% |
| Trade debts | 44 | €3,459 | €13 | -€3,446 | -99.6% |
| Suppliers | 440/4 | €3,459 | €13 | -€3,446 | -99.6% |
| Taxes, remuneration and social security | 45 | €100 | €6,750 | +€6,650 | +6,640% |
| Taxes | 450/3 | €100 | €6,750 | +€6,650 | +6,640% |
| Other amounts payable | 47/48 | €4,911 | - | -€4,911 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218 | €0 | -€218 | -100% |
| Other operating charges | 640/8 | €387 | €11,705 | +€11,317 | +2,922% |
| Non-recurring operating charges | 66A | - | €117 | +€117 | |
| Gross operating margin | 9900 | €0 | €3,000 | +€3,000 | |
| Operating profit (loss) | 9901 | -€606 | -€8,821 | -€8,216 | -1,356% |
| Financial income | 75/76B | - | €459 | +€459 | |
| Recurring financial income | 75 | - | €459 | +€459 | |
| Financial charges | 65/66B | €321 | €61 | -€259 | -80.9% |
| Recurring financial charges | 65 | €321 | €61 | -€259 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€926 | -€8,423 | -€7,497 | -809% |
| Profit (loss) for the period | 9904 | -€926 | -€8,423 | -€7,497 | -809% |
| Profit (loss) for the period to be appropriated | 9905 | -€926 | -€8,423 | -€7,497 | -809% |
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 29 October 2026 via checked.be.